The Wise Affiliate Program is a great way to make money online. You can earn up to 5% commission for every person you refer to Wise. With a little effort, you can easily earn $1000 per month with the Wise Affiliate Program.
In this post, we will discuss how the Wise Affiliate Program works and how you can start earning money today. We will also provide tips on how to promote the Wise Affiliate Program and get more referrals. If you have a website, blog, or social media following, you can refer new customers to Wise and earn a commission.
Wise (formerly known as TransferWise) is a financial technology company founded in January 2011. Wise provides an online platform for international money transfers. Wise offers a convenient and cost-effective way to send money across borders, enabling individuals and businesses to transfer funds globally.
Here’s what you need to know about Wise and its money transfer services:
How does the Wise affiliate program work?
Wise operates on a peer-to-peer model, bypassing traditional banking systems. When you initiate a money transfer, Wise matches your transaction with someone sending money in the opposite direction. This way, local transfers can be made instead of international ones, reducing fees and ensuring competitive exchange rates.
Click Here To Sign up For Wise Affiliate Program
Currency exchange rates: Wise offers mid-market exchange rates, which are the rates you typically find on financial news websites. These rates are transparent and often better than those offered by banks or other money transfer services. Wise charges a small, transparent fee on each transfer, which is usually lower than what traditional banks charge.
Fees and transparency: Wise is known for its transparent fee structure. When you initiate a transfer, you’ll see the exact amount your recipient will receive, including all fees and charges. The fees depend on the transfer amount, the currencies involved, and the payment method chosen. Wise offers different payment options like bank transfers, credit/debit cards, and Apple Pay.
Transfer speed: The speed of a Wise transfer depends on various factors, including the currencies involved, payment method, and the receiving country’s banking infrastructure. In general, transfers through Wise are relatively fast, often completed within one to four business days. Some popular currency routes and payment methods may have faster delivery times.
Wise Borderless Account: Wise also offers a multi-currency Borderless Account, which allows users to hold and manage money in various currencies. With the Borderless Account, you can send, receive, and hold money in multiple currencies, convert between currencies at competitive rates, and get local bank details for several countries, making it easier to receive payments like a local resident.
Click Here To Sign up For Wise Affiliate Program
How to Make Money with the Wise Affiliate Program
There are a few ways to make money with Wise.
- Become an affiliate. The Wise Affiliate Program allows you to earn a commission for every person who signs up for Wise using your referral link. The commission rate you earn depends on the type of product or service that the person signs up for. For example, you earn a higher commission for referrals who sign up for a Wise Business account than for referrals who sign up for a personal account.
- Become a freelancer or contractor. If you work as a freelancer or contractor, you can use Wise to get paid by clients in other countries. This can save you money on currency exchange fees.
- Sell products or services online. If you sell products or services online, you can use Wise to accept payments from customers in other countries. This can help you reach a wider audience and increase your sales.
- Referral program for businesses
- Wise Business account
Click Here To Sign up For Wise Affiliate Program
To make money with Wise, you will need to create a Wise account and then sign up for the affiliate program or start using Wise to get paid or make payments. Once you are approved for the affiliate program, you will be given a unique referral link. You can then promote your referral link on your website, social media, or in any other way that you think will reach your target audience.
Does Wise work for Nigeria?
No, Wise Does not Work In Nigeria, In February 2023, Wise announced that it would be suspending transfers to Nigeria due to regulatory changes.
The Central Bank of Nigeria (CBN) had recently introduced new rules for international money transfers, which made it more difficult for Wise to operate in Nigeria. The CBN also imposed a ban on the use of cryptocurrency, which Wise had been using to facilitate some of its transfers to Nigeria.
Wise said that it was disappointed to have to suspend transfers to Nigeria, but that it was necessary to comply with the new regulations. The company said that it was working with the CBN to try to find a way to resume transfers in the future.
As of today, Wise is still not sending money to Nigeria. If you need to send money to Nigeria, you may want to consider using a different money transfer service, such as Western Union or MoneyGram.
Click Here To Sign up For Wise Affiliate Program
To make money with Wise, you will need to create a Wise account and then sign up for the affiliate program or start using Wise to get paid or make payments. Once you are approved for the affiliate program, you will be given a unique referral link. You can then promote your referral link on your website, social media, or in any other way that you think will reach your target audience.
Wise Affiliate Program
Wise for businesses: Wise provides services for businesses as well, offering features like batch payments, API integration, and multi-user access. It’s a convenient solution for companies that deal with international suppliers, freelancers, or remote employees, as it helps save on currency conversion fees and provides transparent pricing.
Security and regulation: Wise is a regulated financial institution and operates with robust security measures. They use encryption to protect your personal and financial information. Wise is authorized and regulated by the Financial Conduct Authority (FCA) in the UK, and they also comply with regulations in other countries where they operate.
Click Here To Sign up For Wise Affiliate Program
Supported countries and currencies: Wise supports transfers to and from numerous countries worldwide, covering a wide range of currencies. The availability of specific currencies and payment methods may vary depending on the country you’re sending money from and the destination country.
It’s important to note that while Wise offers competitive rates and low fees, it’s always a good idea to compare different money transfer services to ensure you’re getting the best deal for your specific transfer requirements.
Remember to visit the official Wise website to get the most up-to-date information on their services, features, and pricing, as they may introduce new offerings or make changes to their existing services over time. Wise accepts transfers from the UK, most of the European, African, and Asian countries the following countries.
Click Here To Sign up For Wise Affiliate Program
Why Partner with Wise?
By becoming a Wise affiliate partner, you will be earning revenue by recommending a cheaper way to send and receive money internationally. Wise already helps over 10 million people and businesses to save money on international transactions and we need you to help us grow even further!
When you become a partner, you get a chance to join the mission to make money without borders and bring value to your customers and readers.
Click Here To Sign up For Wise Affiliate Program
You’ll get access to a dashboard to monitor your referral activity, get access to Wise API and widgets to enrich your content and get exclusive opportunities to collaborate with Wise.
Wise Commission level: Wise CPA rates start at £10 for personal users and at £50 for business customers. A new user is someone who does not have a pre-existing Wise account and completes a successful cross-currency transaction. This includes money transfers, multi-currency accounts and debit card conversions. Wise does not have a cookie window, so you will receive a commission no matter how long it takes the user to make their first transfer. Commission rates can be reviewed once Wise has enough data on the performance of the partnership and a better understanding of the lifetime value of the new users. If the users you drive contribute higher value than the minimum CPA, it will be re-assessed.
Commission Payouts: Wise pays their affiliate partners their earned commissions at the beginning of each month, so you receive a payment approximately every 30 days. They approve all your conversions and process the payment by the 7th of each month, which you can then withdraw into your bank or Wise account that you specify in the Payment Settings.
You can withdraw your commission payment into a bank account in the currency of your campaign (they currently offer payouts in GBP, USD, EUR, AUD, and JPY).
Click Here To Sign up For Wise Affiliate Program
If you do not have a bank account in any of the offered currencies, there is an option to open an account with Wise which offers local banking details as if you had a bank account in the USA, United Kingdom, Europe, Australia, New Zealand, or Singapore. This way you can add your Wise account details to your profile and save on conversion fees.
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