09-Nov-2007
PayPal And A Money Making Credit Cards Bonus
 Most of us use PayPal for receiving payments from various money making programs but a lot of bloggers don't realise that it's also a money making opportunity as well.PayPal have an excellent Merchant Referral Bonus Programme. Many bloggers and websites want to sell goods, products or services of some sort or other. Now if they can do this by accepting credit and debit cards it makes life much easier, and increases sales. One aspect of the Merchant Referral Bonus Programme allows you to introduce new 'merchants' to PayPal for monetary rewards. Each time a new merchant signs up for a PayPal Business or Premier account, via your link or banner, you'll be eligible for a Merchant Referral Bonus. This referral bonus is tied to the amount the merchant receives via PayPal's Website Payment Tools or Send Money. You'll immediately start earning 0.5% of the new merchant's revenue. Now this may not sound a big percentage but it can mount up, especially if you hit lucky and sign up someone who has a reasonable turnover. The percentage is paid for the first 12 months, up to a maximum figure (which is £750 in the UK). To promote PayPal they provide a banner, a link to be used generally and a suggested email to be sent to prospective clients: "When you signup for PayPal, you can start accepting credit card payments instantly. As the world's number one online payment service, PayPal is the fastest way to open your doors to over 150 million member accounts worldwide. Best of all, it's completely free to sign up! To sign up or learn more, click here." There is full info on the PayPal site. If you are already a member use the 'Referrals' link at the bottom of each PayPal page, once you are logged in. And don't forget how useful accepting credit and debit cards could be for your own blog or website - or maybe use their donations buttons to generate income. Good luck, Mike. P.S. Shopping Ads: Not sure what's going on with them but have had no ads appear on my blogs for two days.  Labels: Merchant Referral Bonus Programme, PayPal |
I have known about making some money via this channel and I think it is a great idea. I am surprised at the number of people out there who dont make use of it. I have been to a few blogs where I have personally contacted the author and suggested it to them. Some have taken it on board and others have said not to using their referral link.
since paypal is one of the leading credit card processing companies out there, you are bound to get a decent volume of web traffic using their name and/or symbols. good luck in your business venture!