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August 31, 2021 | Payment Cycles Improvements
August 31, 2021 | Payment Cycles Improvements

Learn more about the payment cycle improvements on ClickBank

Updated this week

Overview

On August 30th, ClickBank rolled out some changes that improved the payment cycle by reducing the time from sales to settlement.

This change doesn’t impact the frequency of ClickBank payouts, but it does change the sales that are included in each pay period.

Up until this change, ClickBank included a sales period and a distinct debits backdating period within every pay cycle. These two distinct phases of a pay cycle were staggered leading up to the date that payments were issued. This means that, prior to August 30th, there was a two-week window between the end of a pay period and when payment was actually sent.

Here’s an example of the previous schedule:

Payment_Cycle_Improvements_1_.png

Now, as of August 30th, 2021, ClickBank has made improvements to this process by shortening the turnaround time from sales to payment by eliminating the debit backdating period.

With these new payment cycle changes, there are no longer separate time frames for sales and returns. Pay periods simply include all of the transactions (sales and debits) that occur within the period.

For clients who opt to receive paychecks once a week, the payment schedule looks like this:

Payment_CYcle_2.png

For clients who opt to receive paychecks once every other week, the payment schedule looks like this:

Payment_Cycle_3.png

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