Survey Merchandiser processes payments via a third party payment processor called Openforce. With Openforce, you get to choose to get paid via direct deposit or have your money put on a prepaid debit card. You will also get Occupational Accident insurance, giving you peace of mind.
Please note that Openforce refers to payments as "settlements", so we wrote payment / settlement below to avoid any misunderstandings.
What does Openforce do for me?
Openforce provides incredible value to thousands of independent contractors every day:
- Two payment (settlement) options: You can choose to get paid via direct deposit or have your money put on a pre-paid debit card.
- Convenient self-serve portal: You can manage your account, including payment (settlement) options, from Openforce’s portal.
- Effortless mobile experience: Access your Openforce portal, which lets you manage your payment methods and compliance information, 24/7 from any computer or mobile device.
- Low insurance premiums: Openforce provides Occupational Accident insurance at stellar group rates so you can rest easy. Learn how you benefit from Occupational Accident insurance here.
Payment / Settlement Timing:
You get paid the business day after you request your payment. Business days do not include holidays or weekends, so payments are made M-F only, and not on holidays.
Fees:
The Occupational Accidental Insurance premium is 1.25% and Openforce has a 1.65% fee. This means that if you requested a payment / settlement of $100, you would receive $97.10 net payment. You do get a commission that is more than the fees. On the $100, you'd receive a commission of $4.00, which after fees, is $3.88, so you end up getting paid a little more than the earnings you request.
Learn more about Occupational Insurance here.
Commission:
You will get paid a monthly commission equal to 4% of the gross amount you get paid via Openforce. This gets added to your account on the first business day of each month for the previous month.
Please note that you don't get a commission on the commission.
Making Changes:
You can update your information through your Openforce account.
Enrollment:
You can learn more and enroll by going to here: https://merchandiser.survey.com/openforce
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