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        Business Updates
        • 26 Sep 2024
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        Business Updates

        • Updated on 26 Sep 2024
        • 1 Minute to read
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        Article summary

        Business Updates

        Get the latest compensation and other updates that shape your Neora business.

        July 19, 2024

        i-Payout Fee Reduction and Eliminations

        Exciting news! We have negotiated fee eliminations and reductions with i-Payout, our vendor that issues Brand Partner payments. An overview of the changes is below.

        Fee structure changes:

        Fee Eliminations (all markets)

        • I-Payout Signup fee

        • Monthly maintenance fee

        Fee Reductions (specific markets) Which fees are these?

        • US ACH reduced from 1.00 to 0.50

        • CA EFT reduced from 3.00 to 2.00

        • MX EFT reduced from 3.50 to 2.00

        • AU EFT reduced from 3.50 to 3.00

        Neora will continue to pay the fee for the first EFT transfer fee each month for distributors outside of the US (meaning no change in fees for this).

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