We’re excited to announce a new partnership that addresses a common challenge in our industry: efficient, global influencer payments. indaHash has teamed up with global payment providers to introduce an integrated payment system designed to simplify the process of compensating influencers worldwide. Let’s dive into the details of this new system.
Global Reach
Our partnership allows payments to be made in 194 countries using 157 currencies. This extensive coverage ensures you can work with influencers from almost anywhere in the world without worrying about payment methods.
Multi-Currency Wallets
The system provides wallets in 36 currencies. This feature allows for easier management of funds across different currencies, reducing the need for frequent exchanges and helping to mitigate currency fluctuation risks.
Campaign Integration
We’ve integrated the payment system directly into our Self-Serve Platform. This means you can initiate payments directly from the Campaign -> Payments section, streamlining your workflow and reducing the time spent switching between different systems.
Flexible Money Pickup
Influencers have several options for receiving their payments:
- Bank transfer
- Virtual Visa card
- Gift card
- Check
This flexibility allows influencers to choose the method that works best for them, potentially increasing their satisfaction with your campaigns.
Cost-Effective
The system charges a low fee of USD 2.50 per payment, regardless of the amount or destination. This flat fee structure makes it easier to budget for payment costs and can be particularly cost-effective for larger payments.
Tax Documentation
Payment provider generates necessary tax documentation, which can significantly reduce the administrative burden on your finance team. This feature is particularly helpful when working with influencers across multiple tax jurisdictions.
Reporting and Tracking
The system provides detailed transaction reports and allows you to track payment statuses. This transparency can be invaluable for both marketing teams managing campaign budgets and finance teams overseeing cash flow.
Mass Payments
For larger campaigns, the system supports mass payments of up to 5000 payments in a single batch. This feature can save considerable time when working with numerous influencers simultaneously.
Integration Potential
For those looking to further streamline their processes, the system offers potential for deeper integration with your existing financial systems and reporting tools.
How to Get Started:
- Contact our SaaS Team to initiate the setup process.
- We’ll enable the Payments option in your Self-Serve Platform.
- A payment service provider account will be created for your organization and connected to your indaHash account.
- We’ll provide onboarding for both the wallet system and the indaHash payment process.
By combining indaHash’s influencer marketing expertise with global payment infrastructure, we aim to provide a solution that addresses the complexities of global influencer payments. We believe this system will help streamline your operations, allowing you to focus more on creating impactful campaigns and less on payment logistics. We’re keen to hear your thoughts on this new system. If you have any questions or would like to learn more, please don’t hesitate to reach out to our team.
