Refersion launches Refersion Pay: first of its type end-to-end fee and tax answer for influencer and internet affiliate marketing applications – PRNewswire

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Refersion Pay makes funds straightforward and eliminates tax-time complications for ecommerce manufacturers and associates.
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Dec 14, 2021, 14:37 ET
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NEW YORK, Dec. 14, 2021 /PRNewswire/ — Refersion, a number one efficiency advertising platform, introduced the launch of Refersion Pay, a primary of its type fee and tax answer for influencer and internet affiliate marketing applications. In 2020, internet affiliate marketing spending topped $6 billion within the U.S. alone. As this quantity continues to develop, so has the discomfort for manufacturers trying to handle their very own affiliate funds and tax compliance. Developed as a response to an amazing {industry} want, Refersion Pay simplifies complicated internet affiliate marketing applications and cultivates a direct and trusted relationship between associates and types.
Refersion’s first-party monitoring allows over 6.1 million registered associates and influencers to refer over 615,000 orders per day; to-date, Refersion has managed over $1.6 billion {dollars} in affiliate income for ecommerce companies everywhere in the world. "Bettering affiliate and model belief is core to Refersion’s imaginative and prescient of driving social commerce through model ambassadors, influencers and associates." mentioned Alex Markov, CEO and cofounder of Refersion. "Our purpose is to ease the complexity of funds and tax compliance for ecommerce affiliate applications, and make it simpler to scale rising social commerce networks.
For Publishers, Refersion Pay allows direct, automated month-to-month fee funds from manufacturers and entry tax info in a single platform utilizing Refersion. Refersion Pay permits publishers to not solely obtain fee instantly from the model’s checking account to their very own, but additionally simply discover model tax info in a centralized platform. "The brand new model that rolled out to our accounting group is an unbelievable expertise, straightforward navigation, and really user-friendly. We’re excited to make use of the brand new system as we develop our partnership with Refersion", mentioned Kimberly Mild, Head of Accounts Receivable at UpSellit.
For Manufacturers, Refersion Pay simplifies the associates program workflow with automated order conversion approvals and scheduled fee funds. This unparalleled answer allows manufacturers to face out to massive publishers to develop their writer community and viewers, and helps streamline tax administration by offering the inspiration to remain in compliance. Refersion Pay strengthens affiliate relationships for manufacturers by constructing belief and maintaining them motivated to drive gross sales, to allow them to concentrate on rising their associates program. "As we head into 2022, nothing is as vital for E-Com House owners than having distinctive Affiliate and Influencer Advertising and marketing Platforms. Refersion’s new multi function software program ‘Refersion Pay’ makes the fee and tax assortment information seamless to handle and easy to combine with Quicken for reporting functions." Jay Campbell, Co-Founder, AseirCustom.com.
As a licensed Shopify Plus accomplice, Refersion is without doubt one of the largest and highest-rated Shopify companions with over 760 five-star evaluations within the Shopify App Retailer. Providing a seamless, quick and clear fee and tax expertise for associates simply acquired simpler with Refersion Pay. You possibly can study extra right here.
About Refersion
Refersion, the main efficiency advertising platform, works with 1000’s of ecommerce manufacturers like Barstool Sports activities, Magic Spoon, Blenders Eyewear, and Pura Vida Bracelets to achieve new audiences, drive conversions, and enhance income. Refersion manages, tracks, and helps develop ambassador, influencer, and internet affiliate marketing applications with first-party monitoring, limitless associates and affords, customized fee constructions, direct affiliate funds and taxes in a single platform.
Refersion’s award profitable platform builds model partnerships that drive ecommerce development, powered by our industry-leading attribution know-how and good information insights. We combine with all main commerce platforms like Shopify, Salesforce Commerce Cloud, Magento (an Adobe Firm), BigCommerce, WooCommerce and your full ecommerce advertising stack. Refersion, an Meeting firm, is headquartered in New York Metropolis.
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Raj Nijjer
CMO, Refersion
[email protected]
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