01 Custody
Who holds the money when affiliates get paid?
On Partli, you top up a payout balance first. Their docs say the amount lands in your platform balance. They say Partli never fronts money. When a run starts, Partli transfers from that balance to each partner's Stripe Connect Express account.
Their terms put it differently: Partli does not hold partner funds in custody, and you are the merchant of record. A merchant of record is the business that legally sells to the customer and carries the tax liability. Both are quoted below, with the day they were read. You can weigh them as they stand.