Payout & Settlement
The Payout & Settlement system of the OrangeBit Infinite Agent Program ensures that agents receive their earned commissions in a timely, transparent, and compliant manner.
1. Settlement Cycle
Frequency: Daily settlement is recommended to provide agents with near real-time revenue updates.
Minimum Payout Threshold: Agents must reach a predefined minimum commission balance before initiating withdrawals, ensuring operational efficiency and cost-effectiveness.
2. Withdrawal Methods
On-Chain Transfer: Commissions can be directly transferred to the agent’s verified wallet, enabling immediate access to funds.
Internal Ledger Accounting: Agents may keep commissions within the platform for staking, VIP upgrades, or future transactions.
Compliance-Based Access: Withdrawal methods and limits may vary based on KYC verification and jurisdictional requirements to ensure regulatory compliance.
3. Tax & Reporting Compliance
Settlement Vouchers: The system generates detailed transaction statements for each settlement cycle, facilitating accurate tax reporting.
API Export Functionality: Agents and institutions can export settlement data in standard formats for accounting, auditing, or regulatory reporting.
Transparency & Auditability: All payout and settlement records are logged on-chain or via auditable platform reports, ensuring accountability and trust.
4. Strategic Benefits
Timely Access: Daily settlement allows agents to monitor earnings and reinvest or withdraw without delay.
Flexible Management: Agents can choose between withdrawing funds or keeping them within the ecosystem for additional rewards.
Regulatory Compliance: Built-in reporting and KYC-linked withdrawal procedures facilitate tax compliance and legal adherence.
Operational Transparency: Agents can track settlements, disputes, and adjustments, fostering trust in the system.
The Payout & Settlement framework ensures that agent revenue is secure, transparent, and aligned with regulatory standards, supporting the long-term sustainability of the Infinite Agent Program.
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