Payouts Explained

What are Payouts?

Updated over a week ago

Overview

Payouts are the methods by which rewards are distributed to your members and/or referrals.

Payouts are managed from the Payouts page. On this page, you will manage your payout balances, reward emails, as well as:

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Payout (Reward) Types

Referral Rock can automate reward distribution for

  • Email Coupons or Vouchers

  • Gift Cards or Prepaid Cards (through Tango)

  • ACH transfers (Wise)

  • PayPal

  • Custom (via Manual Reward)

Payment History

Displays a log of all payments that have been issued.

Schedule Payments

From the Payouts page select 'Schedule Payouts'.

Setup Referral Rock to issue Payouts automatically based on the rules you decide.

Each Payout type may be set on a schedule by choosing a schedule option from the dropdown next to each Payout type. The options allow you to automatically issue all eligible pending rewards daily, weekly, or monthly.

This will issue all eligible pending rewards for this payout type. All scheduled payouts are issued at approximately 07:00AM (12:00 UTC).

Issue by Recipient

Displays all payments batched by Type or Recipient, allowing for easy batch payments instead of needing to individually issue each Payout.

Annual Payment Limits

Limit Annual Payments to $599 per recipient per calendar year.

If you choose to limit annual payments, recipients will not receive payouts above the limit unless they are approved for excess payments. Payment limits are reset at the beginning of each new calendar year. This can be enabled for any Payout type.

To adjust these settings, visit the Annual Payment Limits section on the Payouts page. From here, you may choose which payouts apply to the limit.

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