Tipser by Bolt is the merchant of record for all sales done on Tipser by Bolt and acts as a retailer for the connected merchant products. Therefore, Tipser by Bolt manages payouts to merchants and publishers for sold products. Tipser by Bolt only charges the merchant for the agreed commission per sale.
TABLE OF CONTENTS
- Payment Options
- Time of Getting Paid
- Currency and VAT
Time of Getting Paid
Merchants get paid for all shipped sales on the 25th every month or on the first bank day following the 25th.
Invoice generation is usually done on the 17-18th day of each month. If your order is paid for after the 18th of the month, it will be paid in the next period.
In cases where you have already received the payment for a product that has been returned, we will deduct the amount on your next payout.
What are Shipped Sales? Shipped sales are orders where the order items are set to "shipped" status, and thus ready for settlement, when an order item has been shipped and our grace period 21 days has passed.