Tupel offers two rewarding referral schemes designed to help you earn extra income by referring new businesses. You can choose between immediate payouts or earning longer-term recurring income.
Program Overview
By default, all participants start with our Accrual Based Referral model. If you prefer the Conversion Based Referral model, please contact our support team to make the switch.
The two referral schemes available are:
- Accrual Based Referrals (default)
- Conversion Based Referrals (optional)
Accrual Based Referral
Earn recurring income by receiving 25% of the revenue (interest earned by Tupel) from each referred customer, up to a maximum of €1,000 (or equivalent) per customer.
This scheme is ideal for those who prefer consistent, long-term earnings.
Example
You refer Business B. Tupel earns €4,000 in interest revenue from Business B over time. You earn the capped maximum of €1,000.
Conversion Based Referral
Earn a one-time commission of €250 (or equivalent) for each successfully converted customer.
What Qualifies as a "Conversion"?
A converted customer must:
- Be referred using your unique referral code or referral link.
- Be completely new to Tupel (no prior relationship).
- Fully repay a loan from Tupel (including both interest and principal).
Example
You refer Business A. They obtain and fully repay a loan. You earn €250.
No Commission Is Paid If
- The loan defaults or remains only partially repaid.
- The customer engages in fraud or has existing affiliations with Tupel.
- The customer's loan principal is below €2,000 (or equivalent).
Benefit for Referred Customers
Your referrals receive a special benefit:
- 10% discount on their interest rate.
- Valid for 30 days from their joining date.
Ensure your referrals use your referral code or link to automatically receive this discount.
Who Can Join?
Anyone can participate, provided you:
- Complete Tupel’s KYC (Know Your Customer) process.
- Use your designated referral code or referral link.
Commission Payments
- Commissions are paid within 15 business days after the referred customer fully repays their loan and all related fees.
- To request payment, simply reach out to our support team.
Commissions Are Not Paid For
- Partially repaid or defaulted loans.
- Fraudulent or suspicious activities.
Restrictions and Compliance
As a referring party, you must adhere to the following rules:
- Do not promise loans or misrepresent Tupel.
- Maintain confidentiality for 1 year after termination.
- Refrain from soliciting Tupel’s customers for 1 year after termination.
- Fully comply with data protection laws (GDPR).
Termination of Agreement
- Either party can terminate the referral agreement at any time, without prior notice.
- Immediate termination occurs in cases of fraud, misconduct, or breach of rules.
Legal and Compliance
- The referral agreement is governed by the laws of England and Wales.
- Any disputes will first be resolved by negotiation, escalating to the English courts if necessary.
Quick Comparison
| Feature | Accrual Model (default) | Conversion Model (optional) |
|---|---|---|
| Default Enrollment | Yes | No (request via support) |
| Commission Type | Recurring | One-time |
| Earnings per Customer | Up to €1,000 | €250 |
| Ideal For | Long-term passive earnings | Immediate earnings |
Need Help?
For assistance, clarification, or switching models, contact our dedicated support team. We’re here to help you maximize your referral earnings!