The company WEDOS Internet, a.s. provides its clients with what is known as a Credit Account, which can hold a financial credit balance. You can then use this credit to pay for hosting services without having to make individual payments by bank transfer or card.
Affiliate commissions you have earned can be transferred from the commission account straight to the WEDOS Credit Account and used directly to pay for services.
Conditions for transferring a commission
- the commission account and the WEDOS Credit Account must be kept in the same currency
- the WEDOS Credit Account must be active – that is, it must have billing details set up
- both accounts must have identical billing details, otherwise accounting matching (set-off) is not possible
- at the end of the calendar month the commission account must hold at least 500 Kč (or the equivalent amount in another currency)
An amount lower than 500 Kč cannot be paid out or transferred.
How the commission transfer works
The procedure is as follows:
- in your partner account, have your billing details filled in and the payout method set to WEDOS Credit Account
- as soon as your commission account reaches a balance of at least 500 Kč, at the end of the calendar month, you can create a settlement
- in the partner administration; the next steps are the same as for a standard commission payout
You can also find the details of this process in the section devoted to commission payouts.
Important explanation
A commission cannot be transferred “directly”. In any case, you need a payout document or an invoice.
The only difference is in the last step – instead of money being sent from a bank account, there is an accounting set-off. This means that the commission payout is matched with the proforma invoice for the deposit into the WEDOS Credit Account.
In the accounts, two opposite invoices are thus balanced out for the same amount.
If you are not sure about the settings or about transferring a commission to the Credit Account, you can use the public discussion forum, or write to us directly by email: affiliate@wedos.com.