The admin can edit the affiliate settings under this tab. There is only one section under this, named, Affiliate Accounts:

• Requests Approval: By selecting Yes, the system will automatically approve requests for any new affiliates signing up. The admin will not need to approve them manually. If No is selected, the admin will have to manually accept each request.
• Sign Up Commission [Default Currency]: Enter the amount of commission affiliates will receive for each user registering via their respective referral link/URL. 
• Affiliate Terms: Select the affiliate terms and condition page from the drop-down list. The options provided in the list are the pages created in the Quick Links and Extras section under the CMS module. This selected page’s link will be displayed on the Affiliate Sign-up page and forces the affiliate to agree to terms and conditions before signing up. 
• Referral URL/ Link Validity Period: Validity of the affiliate referrer URL (in number of days) after which the link will be expired.
• New Affiliate Alert Mail: Selecting Yes will send an alert email to the store owner when a new affiliate registers. 
• Activate Email Verification After Registration - Check-box: By selecting this check-box, the affiliate will need to verify their registered email address to register on the website as an affiliate. 
• Activate Sending Welcome Mail After Registration - Check-box: By selecting this check-box, every new affiliate will receive a welcome mail when they are successfully registered on the website. 

Once all the details have been updated, click on the Save Changes button to update the changes successfully.