27/03/25 – Introducing Bank Payouts as a New Feature on HighLevel: Affiliates Gain Control Over Payment Preferences

HighLevel is thrilled to present Bank Payouts as the latest payment method for affiliates! This gives both businesses and affiliates an expanded array of options in managing payouts. In a welcome move, affiliates are empowered to state their payout preferences and amend payment details directly from their portal.

## Updates Introduced
– **Bank Payout Option**: Affiliates are now enabled to avail payouts through bank transfers.
– **Primary Payout Preference**: Affiliates get the freedom to select the desired payment method.
– **Affiliate Portal Enhancements**: Affiliates can manage their payout details independently.

## Functionality
### **Set-up for Bank Payout Method**
1. Navigate to the Affiliate Profile.
2. Transit to the Payout Methods tab situated below.
3. Select “Add Payout Method”.
4. Choice is given to pick between PayPal or Bank Transfer.
5. Determining Bank as a choice, demands selection of the relevant country.
6. Complete the necessary bank details associated with the chosen country.
7. Click Save to confirm the adjustments.
8. HighLevel permits addition of multiple payout methods, with the option to set one as the primary.

### **Bank Transfer Payout Process**
1. HighLevel duly approves all payouts ready for disbursal.
2. Move to the Approved Payouts tab.
3. Affiliates can be paid individually or through bulk selection.
4. Click on Pay, subsequently download the payment CSV file.
5. Make a thorough audit of the CSV format, any necessary adjustments should be made to align with payment platform’s requirements.
6. The CSV file is uploaded to the corresponding payment platform and the payouts are initiated.
7. Post conclusion of payments, the confirmation button “Mark as Paid” is clicked.
8. In case of payment anomalies, return and mark them as unpaid.

### **For Affiliates**
1. Provision of a novel “Payout Methods” tab to assist affiliates with addition and modifications to payout data.
2. Affiliates can seamlessly upload tax forms from the portal.

## Significance
– **Extended Flexibility**: Affiliates get to choose between bank transfers and PayPal.
– **Improved Control**: Affiliates can independently manage payout choices and tax forms.
– **Efficient Payments**: Businesses can swiftly export payout data and process bank transfer payments.

## Useful Resources:
– Understand the [Different ways to pay affiliates](https://help.gohighlevel.com/en/support/solutions/articles/155000003657-how-to-pay-your-affiliates)
– Know [how Affiliates can add their payout details](https://help.gohighlevel.com/en/support/solutions/articles/155000002341-how-to-add-link-a-new-payout-method-for-affiliates)

HighLevel warmly welcomes everyone to avail this enhanced experience!

Click here for the full HighLevel update article

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