Referral programs are the backbone of customer acquisition and loyalty in the remittance industry. At SwapMoney, we’re revolutionizing the way people send money across borders while rewarding our users for their loyalty. In this comprehensive guide, we’ll explore the fundamentals of referrals, clarify key terms, provide a detailed FAQ section, and shed light on what makes SwapMoney’s referral program unique in the realm of cross-border remittance.
What is Referral and Referral Bonus?
Referral programs incentivize existing users (referrers) to recommend a product or service to new users (referees), typically offering rewards or bonuses for successful conversions. These programs leverage word-of-mouth marketing to expand the customer base while fostering trust and loyalty among users.
Common Terms in Referral
- Referral: A referral occurs when an existing user (referrer) recommends SwapMoney’s remittance services to a new user (referee), leading to the referee’s registration and completion of a transaction.
- Referrer: The existing user who refers SwapMoney’s services to others, earning rewards or bonuses for successful conversions.
- Referee: The new user who signs up for SwapMoney’s services based on a referral, contributing to the referrer’s rewards through their transactions.
- Continuous Bonuses: Rewards earned by referrers for every transaction made by their referees, providing ongoing incentives for referrals.
SwapMoney’s referral program stands out for its continuous bonus structure, rewarding referrers with ongoing incentives for every transaction made by their referees. Unlike one-time bonuses offered by other platforms, SwapMoney ensures that your rewards keep coming as long as your referees use our services.
Conclusion
Referral programs play a pivotal role in driving growth and engagement in the remittance industry. With SwapMoney’s innovative referral program, you can earn continuous bonuses for every successful referral, helping us expand our community while rewarding your loyalty. Join SwapMoney today and start earning rewards for sharing the convenience and reliability of cross-border remittance with your friends and family!
Download Swapmoney app on Andriod and iOS
Follow us on Facebook , Instagram , linkedin & Twitter
You may also want to read FAQs on Referral
