Financial Advice From The Expert

Posted on September 06, 2018 by

Diana Krusova - Sales Support ManagerWe’re all here to make money – it’s the end goal of everything publishers and advertisers do day-to-day. However, some seem to encounter certain issues in the finance side of things, which can often be avoided.

We spoke with our Head of Finance, Magda, who gave us her two most important pieces of advice for advertisers and publishers, to make sure you don’t encounter any issues.

Read on to learn how to avoid any mistakes, and as always contact us if you have any questions or doubts via your Account Manager or the Support Team.

 

Advertisers

  1. Always keep your details updated
    Invoices are issued automatically, so there’s no possibility to make amendments. Make sure to keep all your company’s billing data up to date to avoid any mistakes. Just be aware that an update of your details may require us to reapprove your account again.
  2. Know your payment options
    We currently offer four different payment methods:

    1. Wire transfers
      For our advertisers, we offer two bank accounts to be able to make deposits in euros and in US dollars. Nevertheless, the deposits in euros will be updated in your account in US dollars, according to the exchange rate on the date of funds being received. Please bear in mind that the transfer needs 2-5 business days to reach our bank account so you should make it in advance to avoid running out of funds. Make sure you state a reference on your wire to keep the process as smooth as possible. It can be a proforma invoice number, your account login or the reference stated in the “Fund your account” section.
    2. Paxum, credit cards and Paypal
      You can make instant payments with Paxum, credit card or Paypal. While there’s no limitation to the first two, Paypal can be used up to 4 times a day with a maximum deposit amount of 500 USD. Allow up to 10-15 minutes maximum for the funds to appear on your account. Please note fees apply depending on the method chosen:
      Paxum: 1 USD per transaction, regardless the amount of the deposit
      Credit card: 3%+0,30 USD per transaction, regardless the amount of the deposit
      Paypal: variable percentage depending on your account’s country of registration, around 3%

Once you make a deposit, an accounting document will appear instantly in the bottom part of “Fund your account” section. You can always download or review your accounting documents there.

If you need a proforma invoice to process the payment, please contact us and we will generate one for you.

 

Publishers

  1. Always keep your details updated
    The TrafficStars platform offers its publishers self-billing, which means you do not need to send us an invoice for your traffic. All your invoices are available in the “Payments” section.
    Depending on your preferences, you should decide how often you would like to receive your payout and indicate the details to process the payment. Remember to always keep them up to date as additional fees might be charged for reversed payments. Make sure to introduce all the changes in your profile in advance, so that we can process your payout according to your request, in a timely manner.
  2. Know your payment options
    You can choose between three payout periods:
    Weekly
    Monthly
    Quarterly
    Additionally you will need to fill in the minimum payout of your choice which, combined with the payout period, will determine when your invoices will be generated.
    The last step is to add a payout method of your preference. You can get paid via Paxum, Paypal or wire transfer, the latter being available only for monthly and quarterly payout periods. Remember you will always receive the full amount of your earnings as we make sure to cover all bank fees. All self-billing invoices are paid on a NET7 basis.

As always if you have any doubts or questions, please don’t hesitate to contact your Account Manager or the Support Team who will be happy to help.

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