MODERE DAILY PAY
Work hard… get paid TODAY!
Exciting, right?! Being compensated so quickly after a sale generates excitement and creates huge momentum! Have additional questions? Check out our FAQs below.
DAILY PAY is based on your CURRENT month’s Promoter title. This means that you start each month at the Promoter level, earning 10% on your customer orders,** and as you go throughout the month making sales and your Promoter Rank increases, so does your DAILY PAY percentage. As always, at the end of each month, we check all your DAILY PAY commissions and “true them up” to the percentage that corresponds with your final Promoter Title. That adjustment is added onto your monthly commission payment.
FAQ’s
How often does DAILY PAY run?
at 5 AM CEST (4AM BST) and 5 PM CEST (4PM BST) from the 5th of the month until the last day of the month.
From the 1st to the 4th of the month, the commissions generated on these bonuses will be aggregated on your QuickPay account and available to you on the 5th at 5AM (CEST)
When are orders processed?
Orders processed between 3 AM CET and 3 PM CET pay out same day at 5 PM CET. Orders processed between 3 PM CET and 3 AM CET are paid 5 AM CET the next day.
Beginning June 1st, you will see an update to the payouts in your Modere QuickPay account. Instead of a line-item deposit for each commissionable order, you will see one larger deposit that includes all payments for that daily run batch. If you would like to see the breakdown for each DAILY PAY deposit, you can log into Shifting Retail, click on My Business/Payouts and then click the + next to the payout batch. You may be familiar with this process, as it is the same for your monthly commission payout.
This update allows us to provide you with your commissions as quickly as possible and make it easier for you to navigate through your payouts in Shifting Retail.
What do you mean by “all customer orders?”
This includes a new customer’s first order, an existing customer’s orders, AND a customer’s Subscription orders! ALL customer orders from your own personal customer pod will be paid daily. Please note this applies only to orders processed in the markets supported by Modere Europe. All international orders will be commissioned with your monthly payment.
Will I get paid based on my previous month Promoter title?
No. DAILY PAY is based on your CURRENT month’s Promoter title. This means that you start each month at the Promoter level, earning 10% on your customer orders**, and as you go throughout the month making sales, and your Promoter Rank increases, so does your DAILY PAY percentage. As always, at the end of each month, we check all your DAILY PAY commissions and “true them up” to the percentage that corresponds with your final Promoter Title. That adjustment is added onto your monthly commission payment.
Will I still get DAILY PAY if my Subscription order hasn’t run for the month yet?
Yes. As long as you qualified in the previous month, you will still earn DAILY PAY, even if your current month’s Subscription order hasn’t run. *
Is DAILY PAY based on the currency value amount or the point value of an order?
DAILY PAY is based on the CV (Commissionable Value) points of an order.
What is the percentage I’ll earn for DAILY PAY, based on my current month’s rank?
|
SOCIAL MARKETER TITLE |
CUSTOMER POINTS | ACC | CUSTOMER BONUS | GUARANTEED MINIMUM AMOUNT* |
|
Promoter |
1 – 499 | 1 | 10% | |
|
Bronze |
500 | 5 | 22% |
£135/€150* |
|
Silver |
1,000 | 5 | 24% | £270/€300* |
|
Gold |
2,000 | 10 | 26% |
£495/€550* |
| Platinum | 3,000 | 15 | 30% |
|
|
Platinum 1 |
5,000 | 25 |
32% |
|
|
Platinum 2 |
7,000 | 35 |
34% |
|
| Platinum 3 | 9,000 | 45 | 36% |
|
Is there a DAILY PAY cap?
No. You will earn all commissions that are calculated on eligible orders. If you have more than 10 eligible orders in a day, or transactions that exceed 150€/£ per order, you may experience a slight delay in payment. You will be notified by email of any delays.
Will orders received between the 1st and the 4th of each month be paid out on the morning of the 5th?
Yes, they will be paid out on the morning of the 5th.
What will be paid out in the Monthly Commission now?
Remember that the DAILY PAY is a pre-payment of your Customer POD Bonuses and First Order Bonuses. The final calculations are included in the Monthly Commission. Differences in Customer POD, Promoter Development, Monthly Team Builder, Generational Unilevel, 4 & More Elite, and Leadership Development Bonuses are adjusted in the Monthly Commission process.
What happens if a customer’s order is cancelled or returned?
Cancelled or returned customer orders are calculated in the Monthly Commission process. Any DAILY PAY amounts that were paid on cancelled or returned orders will be deducted from the Monthly Commission payment.
When can a new Social Marketer start earning DAILY PAY?
Immediately. A new Social Marketer is eligible to earn Customer POD Bonuses and First Order Bonuses. Social Marketers must be personally qualified and have a valid Modere QuickPay account to receive DAILY PAY payments.
If I’m an existing Social Marketer and I did not have a Promoter title last month, do I get DAILY PAY on my customer orders this month?
As long as you are already commission qualified in the current month (150 AP or 75 point SS), then yes, you will earn DAILY PAY when your customer orders.
How do I register for my QuickPay account?
As an existing Social Marketer you will have received an email on the 17th April with the subject: An invitation from Modere and from the email account
no-reply@moderequickpay.com. If you cannot locate this email, please first check your SPAM folder and if you cannot locate it, please contact our Support Centre. As a Social Marketer just joining Modere, you will receive the above email within 24 hours of opening your Modere account, to the email address registered on your Modere account.
Disclaimer :
As of June 2023 volume month, Modere will only pay out commission earnings on your registered QuickPay account. Make sure that your Modere QuickPay account is set up by May 31st. If not your May and any subsequent commissions will be held on your Modere account until you have created a registered QuickPay account.
Modere will not process commission payments by bank transfer to your bank account as of June 2023.
What type of card will I receive with Modere QuickPay?
You will receive a Mastercard debit card issued to you by post and a matching virtual card which can be used for your online purchases or connect it to your Apple Pay or Google Pay account.
Will there be any additional costs associated with the QuickPay implementation?
There is no monthly account management fee, however certain fees apply when using your card at an ATM, paying for goods or services in a foreign currency or transferring funds to another account. These fees are in line with common fees charged by similar payment providers.
Please note that the cost of one (1) bank transfer from your QuickPay account to your bank account will be covered by Modere per month.
When will the other bonuses from my commisions will be paid out?
The consolidated monthly payment will occur on or around the 13th of any given month.
If I qualify for a Travel Stipend for a Modere Incentive Trip, how will I receive this amount?
Any adhoc bonus payments that are awarded exceptionally e.g. incentive trips will be paid on your Modere Quickpay account.
Which languages are supported for my QuickPay account management?
All major European languages are supported, including English, French, Spanish, German, Italian.
*Please remember that all DAILY PAY payments are pre-payments of your monthly commissions. If you do not qualify for commissions in the current month (your Subscription order doesn’t process), your DAILY PAY payments received in the previous month must be paid back to Modere.
** You must be commission qualified in the current month to receive DAILY PAY.
