The last step is payment processing

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You can usually select a preferred payment method from options such as:

Direct Bank Transfer (EFT/ACH) : Earnings are directly deposited into your bank account.
PayPal : Payments are transferred to your PayPal account, which you can then withdraw to your bank.
Checks : Some merchants offer physical checks sent by mail.
Other Methods : Options like wire australia accountant email list transfers or digital wallet transfers may also be available.
When setting up your payment method, it's important to ensure your payment details are correctly set up in the affiliate dashboard to avoid delays. This includes entering bank account information or linking your PayPal account.

Another important aspect you want to know about when getting paid as an affiliate is transaction fees.

Be aware of any transaction fees associated with your chosen payment method. For instance, PayPal may charge a fee for receiving money, which is deducted from your earnings. Banks might charge for international transfers or other services.

Furthermore, provide necessary tax information as required by the merchant or affiliate network. This could include submitting forms like W-9 (for US affiliates) or equivalent forms for other countries.

It's crucial to keep thorough records of your earnings for tax purposes. You will receive a 1099 form if you're a US-based affiliate and earn above a certain threshold.