My First PayPal Referral

Posted by Mike Lopez under Business and Money
Feb 2008
29
02:18pm


I finally made my first real PayPal referral and here’s the letter I got from them.

Dear Transcendental Innovation Technologies,

Thank you for referring insert name here to PayPal. Because insert name here just signed up for a Premier or Business PayPal account, you are now eligible to receive a Merchant Referral Bonus.

Here’s how it works:

As soon as insert name here has used PayPal to receive a total of $200.00 USD in payments, you will receive your initial bonus of $1.00 USD, which will be deposited directly into your PayPal account.

In addition, once you’ve received your initial bonus, you will receive a residual payout based on the total amount of insert name here PayPal payments for 12 months after insert name here initial PayPal account creation.

PayPal encourages you to assist the new merchant get started with their account so you can get your money faster!

Sincerely,
PayPal

As you can see, it’s kinda funny that I get a bonus of $1.00 when my referral receives his first $200…  While I do appreciate the bonus, it’s just kinda low.  Well of course, I will also receive residual income 12 months after I get the $1.00.  Now I wonder, how much would that be?  Makes me think if pursuing PayPal as a source of referral income is a good idea.  Maybe yes, maybe no.  Well, it’s there anyway and it’s passive income so might as well get it going.

So there ya go, go ahead and sign-up as a PayPal Merchant if you’re interested.  After all, lots of people use PayPal so it’d be a good idea.



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One Response to “My First PayPal Referral”

  1. Adam Dempsey Says:

    Doesn’t really seem the effort for only earning $1 once they’ve used the account to transfer that amount!

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