Want to incentivize members of your group to refer friends and get new signups? Now you can! Whop allows online communities to offer their members % or $ based commissions for selling memberships through their custom affiliate link!
Note: In order to have access to the affiliate app, we require companies to collect payments using a Stripe Connect account. You can learn more about Stripe Connect accounts here. If you would like to begin taking new payments and subscriptions on a Stripe Connect account, reach out to our team in the client Discord server and we can assist you with the onboarding process.
This feature allows you to make every active subscriber an affiliate for your group or service. You can set your commission rate, the product it applies to, and whether it only applies to the first payment.
After clicking save, your users will now be shown the "Refer Friends" button on their customer dashboards.
this is what your referral users will see in the checkout window
After clicking the button, they will be prompted with their affiliate URL as well as the commission structure so they know exactly what they will be earning.
Once a purchase is made, the amount will automatically be deducted from your payment and forwarded to affiliate's Whop Balance.
Your users can withdraw their earnings using the withdrawal portal on Whop.com here. We use Tipalti, a trusted payments automation solution, to process affiliate withdrawals. They can withdraw their earnings via PayPal, ACH transfer, wire transfer, or a paper check.
Withdrawals usually take 2-5 business days to process, and incur variable withdrawal fees depending on the currency and payout method selected.
Note: Any affiliate who withdraws more than $600 USD in a calendar year will be required to submit a W-9 tax form if they are liable for U.S. taxes. Whop will issue a 1099 form at the end of the year to the affiliate for their payouts.