6+ Best Affiliate Partnership Payment Processors in 2023

Image of author Nick Cotter
Nick Cotter
Payments
January 13, 2023
-
10
min read

Are you looking to streamline your affiliate partnership payments for your affiliate program? Look no further! We've researched and compiled a list of the top affiliate partnership payment software solutions for 2023. These solutions offer a range of features such as automation, tracking, and detailed analytics to help you optimize your earnings and manage your affiliate partnerships with ease.

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What is the Best Affiliate Payment Processor Platform:

Here is our list of the best affiliate payment solutions:

Image of Tipalti logo

Tipalti

Growann's Software Review:
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4.5
out of 5

Tipalti is a cloud-based payments automation and management platform designed to simplify the process of issuing payments to global suppliers. It enables companies to automate their entire payments process, from supplier onboarding and payment authorization to compliance screening, payment tracking, and reconciliation. It also provides a wide range of features such as fraud prevention, taxation compliance, currency conversion, and supplier self-service portals.The platform is designed to make payments more efficient, accurate, and cost-effective, while providing businesses with greater control and visibility into their payments process. It offers a unified payments experience with a single interface to manage payments in multiple currencies and locations. It also offers an AI-driven payments engine to process payments quickly and accurately, along with automated reconciliations and error-free payments. Tipalti also provides a range of services to help businesses manage their suppliers, including supplier onboarding, risk assessment, and payment tracking. It also offers a range of reporting features to help businesses gain insights into their payments data. Overall, Tipalti is a comprehensive payments automation and management platform designed to help companies simplify their payments process and manage their suppliers more effectively. It offers a range of features to make payments more efficient, accurate, and cost-effective, while providing businesses with greater visibility and control over their payments process.

  • Automated AP process: Tipalti automates the entire accounts payable process, from invoice processing to payments, compliance and supplier management, which helps to reduce errors, increase efficiency and save time.
  • Compliance: The platform ensures compliance with various regulations and tax laws by automating compliance checks and providing real-time visibility into compliance status.
  • Data analytics: The platform provides data analytics, which allows businesses to gain insights into their AP process and make data-driven decisions to improve it.
  • Integration: Integrating the software with existing systems and processes can be a challenge and may require technical skills.
  • Cost: Tipalti may be costly for small businesses or start-ups, because of the complexity of the platform and the amount of data it can handle.
  • Complexity: The platform is quite complex, with a lot of features, functionalities and integrations. It may take a while to get used to it and learn how to use it effectively.
Pricing for Tipalti is not currently listed on their website, therefore, is not publicly known. The team at Tipalti customizes each solution for their customers, so you'll need to contact their sales team to obtain a proper and accurate quote!
Best Fit For:
Free Trial Offered?
YES!
NO.
Pricing Plan 1:
CUSTOM
Pricing Plan 2:
CUSTOM
  • Oracle Netsuite
  • Quickbooks
  • Exero Accounting
Get started →Get a quote →
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Image of Airbase logo

Airbase

Growann's Software Review:
Image of full star review ratingImage of full star review ratingImage of full star review ratingImage of half a star review rating
4.3
out of 5

Airbase.com is a financial management platform designed to simplify the way businesses manage their finances. Airbase provides users with a suite of features that enable them to manage their finances more efficiently and effectively.The platform provides users with an automated expense management system that allows them to track and manage expenses quickly and easily. Users can create, manage and approve expenses from any device, and Airbase will automatically generate reports and track expenses in real-time.In addition, Airbase provides users with a budgeting and forecasting tool that helps them better understand their financial performance and plan for the future. This feature allows users to create budgets and forecast cash flow, income and expenses over a period of time. The platform also provides users with a powerful reconciliation and accounts payable automation feature. This feature enables users to automate the reconciliation of their bank accounts, credit cards and accounts payable processes, making it easier to stay on top of their finances.Finally, Airbase provides users with automated payment processing, allowing them to securely and quickly send payments to vendors and customers. This feature helps to streamline the payment process, eliminating the need to manually process payments.

  • Automation: Airbase automates financial operations such as expenses, invoices and vendor payments, which helps to reduce errors, increase efficiency and save time.
  • Multi-Currency support: Airbase supports multiple currencies, which allows businesses to manage their financial operations across different regions and countries seamlessly.
  • Virtual card support: Airbase can issue virtual cards to employees for online purchases and subscriptions, providing an additional layer of security, and cost management.
  • Limited Integrations: While Airbase has some integration capabilities, it may not be able to integrate with all the systems that a business may be using.
  • Limited Reporting Capabilities: Some users may find that the platform's reporting capabilities are limited and may not be able to fulfill their specific reporting needs.
  • Limited Support: Some users may find that the level of support provided by Airbase is not sufficient to meet their needs.
Pricing for Airbase can vary greatly depending on what types of features and needs your team is looking for. That said, pricing for Airbase can vary from $0/month to CUSTOM. For more in-depth pricing plans and custom solutions needed, contact the team at Airbase for more information.
Best Fit For:
Free Trial Offered?
YES!
NO.
Pricing Plan 1:
$0/month
Pricing Plan 2:
CUSTOM
  • Oracle
  • Quickbooks
  • Sage Intacct
Get started →Get a quote →
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Image of Lumanu logo

Lumanu

Growann's Software Review:
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4.3
out of 5

Lumanu is a digital marketing platform that provides businesses with a suite of services to help them create, manage, and optimize their digital content. The platform provides a range of services, including content creation, content optimization, content distribution, social media management, and analytics. Businesses can use Lumanu to create content that is tailored to their target audience, optimize it for search engine optimization (SEO), and distribute it across multiple channels. They can also use the platform to manage their social media campaigns, track the performance of their content, and gain insights into their audience. Additionally, the platform provides tools for content marketing and influencer outreach. Businesses can use Lumanu to identify influencers in their industry, build relationships with them, and create custom content that resonates with their audience. The platform also provides AI-powered insights that can help businesses make more informed decisions about their content strategy.

  • Lumanu coordinates communication about forthcoming payments and onboards your creative talent.
  • Lumanu connects with Quickbooks, Zapier, and Bill to ensure that all of your accounting operations are preserved.
  • Split payments, approver processes, bulk payments, and scheduled payments are examples of advanced features.
  • Not all international payments are full function just yet.
  • I wish the transaction history page had a better search feature so we could quickly check up prior payments.
  • PayPal is currently not an option when it comes to payouts for yoru content creators.
Pricing for Lumanu can vary greatly depending on what types of features and needs your team is looking for. That said, pricing for Lumanu can vary from $299/month to CUSTOM. For more in-depth pricing plans and custom solutions needed, contact the team at Lumanu for more information.
Best Fit For:
Free Trial Offered?
YES!
NO.
Pricing Plan 1:
$299/month
Pricing Plan 2:
CUSTOM
  • Asana
  • Quickbooks
  • Grin
Get started →Get a quote →
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Image of Routable logo

Routable

Growann's Software Review:
Image of full star review ratingImage of full star review ratingImage of full star review ratingImage of half a star review rating
4.4
out of 5

Routable is a web-based accounting platform that offers an all-in-one solution for businesses of all sizes to manage their finances and accounting tasks. The platform offers an easy-to-use interface that simplifies the process of invoicing, bookkeeping, and accounting. It also provides a comprehensive suite of features that make it easier to manage finances, track expenses, and maintain financial records.Routable's features include:-Real-time financial reporting and analysis: Provides real-time insights into your finances, allowing you to monitor financial performance and make decisions quickly.-Invoice automation: Automates invoice creation and distribution, reducing manual effort and errors.-Bookkeeping: Automates bookkeeping tasks such as tracking expenses, reconciling bank statements, and more.-Accounting: Integrates with leading accounting software such as QuickBooks and Xero to simplify the process of managing finances.-Tax filing: Automatically prepares and files taxes with the IRS on your behalf.-Integrations: Integrates with a variety of other services such as Stripe, PayPal, and Square for easy payment processing.Routable also offers a variety of customer support options including live support, online documentation, and a help center. With its easy-to-use interface, comprehensive features, and helpful customer support, Routable is a great choice for businesses of all sizes looking for an all-in-one accounting solution.

  • Automated Payment Reminders: Routable has an automated payment reminder feature that sends automatic reminders to clients to pay their invoices on time.
  • Customizable Invoicing: Routable provides users with the ability to customize their invoices, allowing businesses to add their branding and other details to their invoices.
  • Virtual Terminal: Routable offers a virtual terminal that allows businesses to accept payments online and over the phone, increasing the flexibility and ease of use of the platform.
  • Limited Payment options: Routable may not support as many payment options as other similar platforms, which may not meet the specific needs of some businesses.
  • Limited Customization: Some users may find that the platform's customization options are limited and may not be able to fulfill their specific design needs.
  • Limited international support: Routable may not support as many international currencies or tax laws as other similar platforms, which may not meet the specific needs of some businesses operating in different regions.
Pricing for Routable can vary greatly depending on what types of features and needs your team is looking for. That said, pricing for Routable can vary from $99/month to $499/month. For more in-depth pricing plans and custom solutions needed, contact the team at Routable for more information.
Best Fit For:
Free Trial Offered?
YES!
NO.
Pricing Plan 1:
$99/month
Pricing Plan 2:
$499/month
  • Xero
  • Quickbooks
  • Oracle
Get started →Get a quote →
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Image of Stampli logo

Stampli

Growann's Software Review:
Image of full star review ratingImage of full star review ratingImage of full star review ratingImage of half a star review rating
4.4
out of 5

Stampli is an automated accounts payable and invoice management system designed to help businesses streamline their accounts payable process. The system allows businesses to quickly and easily create and send invoices, manage payments, and track expenses.The system is designed to help businesses reduce their accounts payable costs, improve cash flow, and get paid faster. It also helps to ensure that all invoices are properly tracked and accounted for, helping to reduce the risk of fraud and errors.Stampli is a cloud-based platform, allowing businesses to access the system from anywhere with an internet connection. It is also designed to integrate with existing accounting and ERP systems, making it easy to integrate into existing workflows.In addition to its accounts payable features, Stampli also provides an automated expense management system, allowing businesses to quickly and easily track, approve, and pay employee expenses. The platform also provides a mobile app, enabling employees to submit, track, and approve expenses from anywhere.Overall, Stampli is a comprehensive accounts payable and expense management system designed to help businesses improve their accounts payable process and get paid faster. It is a cloud-based platform that is easy to integrate into existing workflows, and provides a mobile app for employees to track and approve expenses from anywhere.

  • Automated invoice approval: Stampli automates the invoice approval process, which helps businesses save time and reduce errors.
  • Collaborative invoice management: The platform allows multiple stakeholders to collaborate on the invoice approval process, which helps to increase efficiency and reduce delays.
  • Advanced analytics: Stampli provides businesses with advanced analytics and reporting tools, which helps them to gain insights into their accounts payable process and make data-driven decisions to improve it.
  • Limited OCR capabilities: Stampli may have limited capabilities when it comes to automatically extracting data from invoices, which could lead to manual data entry errors or slow down the process.
  • Limited reporting capabilities: Some users may find that the platform's reporting capabilities are limited, and may not be able to provide the level of insights they need to measure the performance of their accounts payable process.
  • Limited support for international invoicing: Stampli may not provide the same level of support for invoicing in different languages or currencies as other platforms.
Pricing for Stampli is not currently listed on their website, therefore, is not publicly known. The team at Stampli customizes each solution for their customers, so you'll need to contact their sales team to obtain a proper and accurate quote!
Best Fit For:
Free Trial Offered?
YES!
NO.
Pricing Plan 1:
CUSTOM
Pricing Plan 2:
CUSTOM
  • Quickbooks
  • Sage
  • SAP
Get started →Get a quote →
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Image of Stax logo

Stax

Growann's Software Review:
Image of full star review ratingImage of full star review ratingImage of full star review ratingImage of half a star review rating
4.4
out of 5

Stax Payments is a payment processing platform that enables businesses to accept and process payments for goods or services. It allows businesses to securely accept and manage payments from customers and vendors in a variety of payment methods, including credit cards, debit cards, PayPal, Stripe, Apple Pay, and more. The platform also provides businesses with access to analytics and reporting tools to better understand customer payment trends, identify areas of improvement, and streamline financial operations. Stax Payments can be integrated with existing accounting, invoicing, and e-commerce applications, allowing businesses to quickly and easily process payments. Additionally, Stax Payments provides fraud protection, customer support, and other services to ensure secure and reliable payments.

  • Advanced fraud detection: Stax Payments uses advanced fraud detection algorithms to identify and prevent fraudulent transactions, providing an additional layer of security for businesses.
  • Recurring billing: The platform allows businesses to set up recurring billing for their customers, making it easy for businesses to manage subscriptions, memberships, and other recurring payments.
  • Customizable checkout: Stax Payments provides businesses with the ability to customize the look and feel of their checkout pages, allowing them to match the branding and style of their website.
  • Limited integrations: While Stax Payments has some integration capabilities, it may not be able to integrate with all the systems that a business may be using.
  • Limited reporting capabilities: Some users may find that the platform's reporting capabilities are limited and may not be able to fulfill their specific reporting needs.
  • Limited customer support: Some users may find that the level of support provided by Stax Payments is not sufficient to meet their needs.
Pricing for Stax is not currently listed on their website, therefore, is not publicly known. The team at Stax customizes each solution for their customers, so you'll need to contact their sales team to obtain a proper and accurate quote!
Best Fit For:
Free Trial Offered?
YES!
NO.
Pricing Plan 1:
CUSTOM
Pricing Plan 2:
CUSTOM
  • HubSpot
  • Wordpress
  • Quickbooks
Get started →Get a quote →
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Featured Partners
Software Rankings:

Affiliate Payment Processor Pricing Comparisons:

Here is a breakdown of the best affiliate payment software pricing.

Platform Free Trial? Pricing #1 Pricing #2
Tipalti false CUSTOM CUSTOM
Platform Free Trial? Pricing #1 Pricing #2
Airbase true $0/month CUSTOM
Platform Free Trial? Pricing #1 Pricing #2
Lumanu true $299/month CUSTOM
Platform Free Trial? Pricing #1 Pricing #2
Routable true $99/month $499/month
Platform Free Trial? Pricing #1 Pricing #2
Stampli false CUSTOM CUSTOM
Platform Free Trial? Pricing #1 Pricing #2
Stax false CUSTOM CUSTOM

Affiliate Payment Processor Review Comparisons:

Here is a breakdown of the best affiliate payment software reviews.

Software Customer Support Performance Value Total Product Rating
Tipalti 4.4 4.6 4.4 4.5
Software Customer Support Performance Value Total Product Rating
Airbase 4.2 4.2 4.5 4.3
Software Customer Support Performance Value Total Product Rating
Lumanu 4.2 4.4 4.4 4.3
Software Customer Support Performance Value Total Product Rating
Routable 4.4 4.4 4.4 4.4
Software Customer Support Performance Value Total Product Rating
Stampli 4.4 4.4 4.3 4.4
Software Customer Support Performance Value Total Product Rating
Stax 4.5 4.4 4.2 4.4

The factors we use to rank software:

Ranking disclosure: We review software, compare products, and connect with users to help them find the right tool for their business. Some of the software that appear on our site are from companies from which Growann.com receives compensation. This compensation may influence the order in which the products appear, but we will not add a recommended vendor to the list we haven't researched thoroughly. Not all vendors in this category are listed within Growann.com's ranking link so be sure to due your due diligence before making any final purchase decisions.

Ranking and review factors:

  • Ease of use for application users
  • Design of the UI
  • Features available
  • Pricing
  • Scalability
  • Pros/cons
  • Integrations available
  • Number of years in business
  • Feedback across other review aggregate sites

What is an affiliate payment?

An affiliate payment is a commission paid to an affiliate for promoting or selling a product or service on behalf of a company. Affiliates are typically paid a percentage of the sale or a flat fee for each lead or customer they refer to the company. These payments are made through a variety of methods, such as direct deposit, PayPal, or check. Some affiliate programs also have a minimum payout threshold that must be met before a payment is issued.

How do affiliates usually get paid?

Affiliates usually get paid through one of several methods, including: 1) Direct Deposit: This is one of the most common methods of payment, where the affiliate's earnings are directly deposited into their bank account. 2) PayPal: Many affiliate programs use PayPal as a means of payment, allowing affiliates to receive payments directly to their PayPal account. 3) Check: Some affiliate programs still use traditional check payments, which are mailed to the affiliate's mailing address. 4) Wire Transfer: Some Affiliate program use wire transfer to transfer the money to the affiliate's bank account. 5) Gift Cards or other rewards: Some affiliate programs offer gift cards or other rewards in lieu of cash payments. The method of payment varies by program and can be determined by reading the program's terms and conditions or by asking the affiliate program manager.

How do I pay affiliates with PayPal?

There are several ways to pay affiliates with PayPal: 1) PayPal Mass Payment: This feature allows you to send payments to multiple recipients at once. You will need a PayPal Business account to use this feature, and you'll also need to have the email addresses of all of your affiliates on file. 2) PayPal API: This allows you to integrate PayPal into your website or application, enabling you to automatically send payments to your affiliates as soon as their sales or leads are confirmed. 3) PayPal Invoicing: This allows you to create and send invoices to your affiliates, which they can then pay using PayPal. 4) PayPal Button: You can create a PayPal Buy Now button and add it to your website. Once a customer clicks on the button and makes a purchase, the affiliate will get paid. 5) PayPal.me link: This feature allows you to create a unique link that your affiliates can use to request payments from you. Before you start, you'll need to make sure that all of your affiliates have PayPal accounts. You will also need to check the fees for these services and compare them with other payment methods to decide the best option for you and your affiliates.

How much should you pay your affiliates?

An affiliate payment processor is a service or platform that facilitates the payment of commissions to affiliates for promoting or selling a product or service on behalf of a company. These processors handle the tracking, reporting, and payment of commissions to affiliates, making the process of paying affiliates more efficient and streamlined. Some of the features of affiliate payment processors include: Tracking and reporting: Affiliate payment processors track and report on the performance of each affiliate, including the number of sales or leads generated, commission earned, and payout status. Automation: Many affiliate payment processors automate the process of paying commissions, making it easy for companies to pay their affiliates on time and in the correct amounts. Customizable commission structures: Some affiliate payment processors allow companies to set up custom commission structures, such as different rates for different products or tiers for high-performing affiliates. Integration: Some affiliate payment processors can integrate with other platforms such as e-commerce platforms or affiliate networks to automate the process of tracking and paying commissions. Fraud Detection: Some affiliate payment processors have fraud detection system to secure the process of tracking and paying commissions. These services can make it easier for companies to manage and pay their affiliates, allowing them to focus on growing their business and building relationships with their affiliates.

How much do affiliate payment processors charge?

The cost of an affiliate payment software can vary depending on the features and services offered by the platform, as well as the size of your business. Here are some common pricing models for affiliate payment software: Monthly or annual subscription: Many affiliate payment software charge a monthly or annual subscription fee, which may range from $50 to several hundred dollars per month. Pay-as-you-go: Some affiliate payment software charge a per-transaction or per-sale fee, which can range from a few cents to a few dollars. Custom pricing: Some affiliate payment software offer custom pricing based on the size of your business and the specific needs of your affiliate program. Free service: Some affiliate payment software offer free service but with some limitations, if you need more advanced features you'll need to upgrade to a paid plan. It's important to carefully review the features and pricing of different affiliate payment software to find the one that best meets your needs and budget. Also, it's a good idea to test out the software before committing to a long-term contract.

How do you pay out a referral?

Paying out a referral can vary depending on the referral program and the agreement you have with the person making the referral. Here are some common steps to pay out a referral: 1) Confirm the referral: Verify that the referral meets the qualifications and terms of the referral program. 2) Track the referral: Use a referral tracking system to monitor and record the referral. 3) Calculate the referral fee: Determine the amount to be paid to the referrer based on the referral program's guidelines. 4) Issue payment: Use a payment method such as PayPal, check, or direct deposit to pay the referral fee to the referrer. 5) Communicate the payment: Inform the referrer that the payment has been made and provide any necessary information or documentation. 6) Follow up: Follow up with the referrer to ensure that the payment was received and to thank them for their referral. It's important to have a clear understanding of the terms and conditions of the referral program, as well as any legal requirements for paying out referrals in your area.

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