There are several other options, given that you can obtain the totals due easily as shown in the https://docs.itthinx.com/document/affiliates/totals/ section of the documentation, you can basically anything that you want.
One approach would be to issue coupons to affiliates periodically with the amount corresponding. The drawback would be that they would have to spend the coupons with an order, so that’s somehow limiting.
Another approach would be to use premium extensions like https://woo.com/products/store-credit/ or https://woo.com/products/woocommerce-points-and-rewards/
As you gather more affiliates over time, it would make sense to consider using the premium version https://www.itthinx.com/shop/affiliates-pro/ which has extended features and allows to export the totals to files, which can make handling things in bulk easier if the system you use (like the ones mentioned above) support bulk imports. Note however that it’s not to expect that you will be able to export and import data without having to process the exports first, but that can often be automated according to requirements.