40% of $19 or $49 a month, in cash
Penwell is $19 a month on Starter and from $49 on Pro. Send someone who stays and you keep $7.60 of every Starter month they pay for, or $19.60 of every Pro month, for as long as they pay. Paid in cash through Stripe, not as account credit.
How it works
- 01You get a link
It looks like penwell.io/from/yourhandle. Anyone who opens it is counted to you for 30 days, even if they sign up a week later from a bookmark.
- 02They sign up and pay
Their first 30 days are free. From their first payment on, every month they pay for their plan books you a commission.
- 03It waits 30 days
That window is there so a refund or a chargeback has time to arrive before the money leaves. Nothing is paid out of it early.
- 04It gets sent
Payouts run weekly. Once what you are owed passes $25, it goes out. Below that it keeps adding up rather than getting eaten by transfer fees.
End to end, that is slower than it sounds. One Starter customer earns $7.60 a month, so it takes 4 of their months to clear $25, and the last of those still waits 30 days. From one Starter customer, the first payout lands about 5 months after they sign up. Volume is what shortens it.
Where we can pay
Penwell pays through Stripe from Cyprus. Stripe will only send those payouts to the United States, the United Kingdom, the EEA, Canada and Switzerland. If your bank is somewhere else we cannot pay you, so we do not take the application. That is the whole list, and it is the same list in the form below.
Picking a country from that list is not the end of it. Stripe checks who you are and can still refuse an account. Commission keeps being counted while that is unresolved, but nothing can be sent until Stripe clears you.
Apply
Sign in with X first. That is how the link knows whose it is.
Continue with XQuestions
- When does the first commission appear?
- Later than you would like, and we would rather say so here. Someone new who arrives through your link gets their first 30 days free, so nothing is collected and nothing is owed until they pay on day 30. That payment books your first commission.
- What about the bigger Pro plans?
- Commission is 40% of what the invoice collects toward the plan’s base price: $19 for Starter, $49 for Pro of any size. So a customer on the $199 Pro earns you $19.60 a month, the same as one on the $49 Pro. A yearly plan earns 40% of its year’s price, $190 or $490, once a year.
- Are there months that pay nothing?
- Yes. Credit a customer holds comes off their plan’s price, and only what is left counts toward the base. A month paid entirely with credit, such as the free month they earned by inviting a friend of their own, collects nothing and owes you nothing. A move up to a bigger plan, charged for the days left in their month, is not a month of a plan and earns nothing either; their next full month does. The months either side still count, and it is not a tracking fault.
- How long until I actually get paid?
- Longer than most programs admit. One Starter customer earns you $7.60 a month and one on Pro $19.60, payouts start at $25, and every commission waits 30 days on top. One Starter customer means about 5 months to the first payout. Ten customers means about two months.
- What if someone refunds?
- A refund comes off whatever a payment holds above the plan’s base first, so refunding $150 of a $199 Pro payment leaves the $49 base standing and your commission whole. Past that it eats into the base and your commission drops to 40% of what was kept, and your earnings page shows what is left of it. On Starter and the $49 Pro, any refund reaches the base. A refund or a chargeback that takes the whole base cancels the commission, and the page shows that too. None of it happens once the money has been sent to you.
- Do I need to be a Penwell customer?
- No. You sign in with X so we know who the link belongs to, but you do not need a subscription to be paid.
- Who handles tax?
- Stripe. They collect your details on their own page and issue whatever your country needs. Penwell never sees your bank account or your tax forms.
- Can I promote it any way I like?
- No. No paid ads on the Penwell name, no fake accounts, no referring yourself, and no promising anything the product does not do. Break those and unpaid commissions are cancelled and the account is closed to the program. Sending people who immediately refund pays nothing anyway: a commission that has not been sent yet can always be cancelled, and the hold is there so most refunds arrive before anything has been sent.
- Can the program change?
- Yes. We can change the rate, the hold, the minimum or the rules, and we can end the program or close an account to it. Commissions already booked are still paid. We are not going to do it quietly.