A very recent WordPress Plugin to hit the streets is something called WP Instant Pay.
This WordPress Plugin blends two of the best webmaster tools around – WordPress (the most popular blogging platform around) and Paypal (the most used payment processor on the Internet).
What makes this new Plugin (as of May 2011) stand out from the rest is the fact that your affiliates will get paid in real time! For every single sale! There’s NO waiting. Payments are automatically split by Paypal. And quite honestly that has to be a great incentive for affiliates to promote your products.
However – it not only takes care of your affiliate’s payments – it also acts as a Secure Digital Download manager and has a built-in OTO (One Time Offer) system as well. You can also group Affiliate Programs by product.
It seems pointless to explain any more of the details behind WP InstantPay – so why not just visit the site yourself – where everything is explained in detail for you. You will also find details of the System Requirements – which need to be viewed carefully.
Oh – and just in case you are worried about the idea of “split payments” – this method has been fully approved by Paypal and it all conforms to their Acceptable Use Policy.