QuickPay is a revolutionary solution designed to tackle the problem of sluggish payments for Sellers and Affiliates.
By using Explodely's QuickPay, you can receive your paychecks up to 14 days earlier than the due date. QuickPay enables you to better manage your finances and focus on core operations. With its automatic next-day settlement feature, QuickPay provides a hassle-free payment solution. Once your paycheck is generated, the payment will be transferred to your account on the very next day.
Please note that a QuickPay fee of 3.5% will be applicable for using this service.
To enable QuickPay in your Explodely account, simply follow these steps:
Step 1: Sign in to your Explodely account and locate the QuickPay option within the Solutions tab.
Step 2: Verify Your Eligibility:
Before proceeding with QuickPay, it's important to ensure that you meet the following eligibility criteria:
Account Age: Your Explodely account should be active for more than 90 days.
Sale Days: Your account must have a minimum of 45 Sale days.
Refund Rate: The refund rate for your account should be below 50% in terms of volume.
Step 3: After checking the eligibility criteria, you may encounter one of the following options displayed:
Please Contact Your Account Manager: This message indicates that one or more of your eligibility criteria are not met. To become eligible for QuickPay, you will need to fulfil the specific requirements. Please reach out to your Account Manager for further assistance.
Click Here To Apply: If you see this button, it means that you meet all the eligibility criteria but have not yet applied for QuickPay. Simply click the button to submit your application for QuickPay.
Upon submission, your application will undergo a thorough review and approval process by Explodely.
Approved: Once your request has been approved by Explodely, your account status will display Approved.
Once approved, you can look forward to receiving your next paycheck on the very next due day once your paycheck becomes due on Wednesday.
Please contact us if you have any questions or concerns at sellers@explodely.com.