This review is sponsored by ZeroParallel.com
Affiliate networks strictly focused on payday loans aren’t exactly unheard of as there are actually lots of them since many years ago. Because of how profitable this particular niche is, they just keep springing everywhere which makes it hard to find which network is the reliable one. Zero Parallel approached us to make a review about them so we spent some time to see if they’re worth looking at for the payday loans space.
What does Zero Parallel exactly do?
The way payday loan programs work is they encourage affiliates to sign up with them, have them drive as many quality leads as possible, then get those leads processed and sold to lenders. Once those leads get qualified, the affiliate makes money. Zero Parallel works exactly the same but one thing that is striking with them compared to others is how they are committed to differentiating themselves from the pack by providing every details about their company as well as aiming to be in compliance with the industry.
A quick Google search about Zero Parallel easily returns you their office address, office hours and contact number. How many affiliate networks or even companies actually do the same in terms of ensuring people will know everything about them via doing a basic search?
And as mentioned earlier, Zero Parallel has a compliance page which shows they’ve maintained a high level of compliance to high industry standards. They even a have a detailed team page showing the entire staff of their company and to me this is unheard of! Most payday loan affiliate networks are so shady that they won’t even put up a proper about us page on their website let alone one where there’s a description of each and every person.
Enough of that part, let’s move into becoming an affiliate for Zero Parallel
Becoming an affiliate for Zero Parallel
Everyone can sign up to become an affiliate however every application gets reviewed and approved before the affiliateexc can begin driving leads. This is definitely good since Zero Parallel will be able to maintain a high quality of affiliates that can drive good leads to meet the expectations of the lenders and network as a whole. Approval is based on a set of criteria but most notably includes meeting the standards for traffic, design, content and compliance.
Once approved, the affiliate can begin promoting payday loan offers and start driving leads.
There are many ways of promoting an offer. One effective way involves copy pasting javascript codes and embedding it on your website. Once you have everything ready then you can begin driving traffic to your website to get as many leads as possible. When these leads get sold to a lender, then you make a commission.
It is highly advised that you review the offer itself specifically the type of traffic it accepts so you don’t end up driving traffic that is non-compliance with the offer. Mostly it prohibits incentivized traffic, co-registration leads, adult-related promotion, SMS, and gaming/casino so make sure to stay away on those. If unsure, it is always best to talk to your affiliate manager.
They also have a very unique feature called Direct Call which in hindsight, allows consumers to connect directly with loan providers. This makes it even easier for affiliates to drive qualified leads since consumers not only will have more trust but they can also potentially convert faster due to more direct communication with loan providers. Direct Call also offers extensive reporting which should help affiliates gain insights to their campaigns so it can be optimized. Watch the video below for a more thorough explanation of what Direct Call is.
Payout & Additional Ways to Earn
Like most networks there is a minimum threshold of $100 for typical payment options such as PayPal and Webmoney, and $1,000 for ACH and bank transfer. Payout is sent every 2 weeks with a 2-week hold once you meet the minimum threshold however you can also negotiate for more frequent payouts if you’re generating high volume.
Aside from the loan offers that you’re promoting, you can also make money through their referral system where you can get 3% bonus from your qualified referrals. And finally there is a bonus monthly drawing for all affiliates who earns at least $1,000 where they can win a prize offering of $3,000 cash! Take note that this is a monthly drawing so if you consistently break 1 grand every month then you always have a chance to pocket an additional $3,000.
Conclusion
From the looks of it, Zero Parallel appears to be a very good payday loan affiliate network as it easily ticks the boxes in terms of what you want in an affiliate network. Their commitment to compliance is exemplary especially due to heavy regulations these days that stems from all shady offers and networks in the past.
Offer-wise, they seem to be offering competitive payout relative to other networks. Plus their monthly bonus drawing and lifetime referral bonus cannot be ignored too.
I should mention that I don’t have any first hand experience with Zero Parallel myself since I only learned about them prior to writing this review. After doing a little bit more research I found that their founder has over a decade of experience in this industry and to me that says a lot about the network.
All in all, I will have no problem recommending you to check them out especially with all the unique things that they have that other networks don’t. Having that compliance is a big thing and if you’re like me who is quite meticulous in knowing the details about a company before getting started, then Zero Parallel is undoubtedly of great appeal.
If you’re interested, sign up and become an affiliate today!
affiliating payday loans is a very good idea.. thank you for posting.