Advocator Pay Powered by XTRM
What is Advocator Pay Powered by XTRM?
GetTheReferral.com has partnered with XTRM.com to create the latest in payment platforms.
Introdcuing Advocator Pay Powered by XTRM.
Advocator Pay Powered by XTRM is a secure digital wallet for you to send and receive payments anywhere in the world.
- Receive or send payments of money, digital gift cards, prepaid digital Visa or Mastercard or points
- Global payout, multi currency
- Personal payments account
- Global tax reporting
- Transfer out via ACH, Wire, Prepaid Virtual Visa, Plastic Visa or Digital Gift Cards
- Transfer to other people
- View all transactions and payments 24x7
- Highly secure
- Convert currency at really good rates
- Avoid excessive bank exchange rates and fees
- Keep your secure profile up to date
- Fully private and secure payment platform
- Complete tax management
- Ensure full tax compliance anywhere in the world
- Issue regional tax documents such as 1099-K or country equvalent
What is a 1099-K *
As online and digital payments become more pervasive, many companies may need to issue a Form 1099-K. Traditionally, third-party settlement organizations like Paypal have used this form to report payment transactions. The reporting threshold for 1099-Ks is much higher than for 1099-MISC. Third-party settlement organizations are required to issue a 1099-K after 200 transactions and paying out over $20,000.
*When in doubt at any stage of the 1099 process, it’s good to consult a tax advisor to better understand your requirements.
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