By choosing Store Credit as a payment method, you can send commission to affiliate in form of Store discount coupon, which can not be directly withdrawn in form of money, your affiliate can only use the coupon to buy product in your shop.
Tips: You can create multi-programs in which one program is with normal payment methods and the other is only paid with Store credit for Converted customer. This way you can make sure your converted customer will stay as loyal customers.
In order to activate Store Credit as a payment method, go to Settings > Payments > select Store Credit
In order to send payments to affiliates using Store credit, go to Payments > Give discount code The system will automatically create a random discount code with the exact commission amount you need to pay your affiliate
Your affiliate can only use this coupon to buy products from your shop. Store Credit is a very effective feature to turn your affiliates into customers as well as increase customer loyalty.
The discount code will be displayed in Affiliate account > Payments tab.
To allow affiliates to generate coupon on their own, you can allow self-generate coupon while setting up Store credit. By turning this setting on, affiliate's commission will be paid and accumulated in a Store credit wallet, the affiliate can generate their coupon any time with any value.
You can set up the maximum and minimum redeemable amount of a coupon an affiliate can create
On the Affiliate account page > Payments > Use your credit. The credit balance will be shown and your affiliate can enter their preferred coupon value to get the code:
For example, if the affiliate enters 100$ to generate a coupon, a coupon will be auto-generated on your Shopify Discount section, the affiliate can copy the coupon and use it on the checkout page to save 100$ on his/her purchase: