Affiliate types

A) BASIC Affiliate Membership

The Basic Affiliate Membership grants Affiliates the following privileges:

To personally recommend our bank accounts to potential customers

To recruit new partners to the network

To receive commission only for account referrals

Not to pay the affiliate partner account maintenance monthly fee

Not to receive commissions for new or current  partner referral 

To upgrade to Premium membership

B) PREMIUM  Affiliate Membership

The Premium Affiliate Membership is subject to a fee and grants the Affiliate the following privileges:

To personally recommend our accounts to potential customers

To recruit new partners to the network

To receive commissions for account referrals

To receive commissions for affiliate partner referrals

To pay the Premium Affiliate Partner Account Maintenance Monthly Fee

COMMISSIONS, How it works

The ways to earn a commission:

1. You and your network, recommend the accounts to private individuals and businesses 
2. You and your network, refer new marketing partners to the SP

COMMISSION SIZE       

1. You will receive a one-time payment of 3€ for each new Active Account you refer.
2. For each Account that you and your network recommend and which becomes an “Active Account”, you and the network members associated with the referral will receive an annual commission of €3
3. (Only Premium members) As a Premium Affiliate, in addition to receiving a referral commission for each account, you will also receive an annual commission of 72€ for every Premium affiliate partner in your network that meets the “Active partner” condition.

COMMISSION PAYOUTS                            

SP shall pay the commissions only against the invoice to your partner account with Sikirapay. Your invoice will be paid within 30 days, counted from the date the invoice is entered into our accounting system.
1.One time payments for direct account referrals are paid out 12 times per year. 2. Annual account and partner Commissions are paid out four (4) times per year.

What does an Affiliate Platform membership cost?

Basic Affiliate Membership: Free of charge = €00,00

Premium Affiliate Membership = Monthly fee of €60.

Do I get a commission only for partners I recruited or do I also get a commission for partners my direct and indirect partners recruited?

You will receive commission payments for all partners recruited to your network regardless of who they were recruited by.

Is the number of partners in my network limited?

No, the number of partners in your network is not limited. You and your direct and indirect partners can recruit an unlimited number of new partners to your network.

Can my partners build their own networks?

Yes, your direct and indirect partners can and shall build their own networks.

Do I receive commissions for all recruited partners or only for partners who have paid their account maintenance monthly fees?

You receive commissions only for partners who have paid their account maintenance monthly fees. So you don’t get a commission for all recruited partners.

Suppose you have recruited new partners, but the partners have not paid the monthly fees. You do not receive commissions for these partners.

Where can I see how much I have earned in commission?

You can see that if you log into your partner account.

Your commissions are updated daily. As soon as payment has been received, we register it in our Affiliate program. The program sorts payments by partner code. All partner payments linked to your partner code are reported on your account. This is handled automatically by our program.

Do I get a “Recruit new partner” commission even if I haven’t paid my monthly fee?(only Premium Membership)

You will not receive your “Recruit new Partner” commission if you have not settled your account maintenance monthly fee.

How do I pay the  Premium Affiliate monthly fee? Is it automatically deducted from my account with you, or should I receive an invoice?

The fee of  60€ is invoiced to you on the last day of the month. 

Is the monthly fee paid monthly, or can I pay it for the whole year?

The monthly fee is paid every month.

Can I be approved as an affiliate partner even if I don’t have a registered business?

You can be approved as an affiliate partner if you do not have your own business. However, you cannot get your commission paid out. To get the commission paid, you must invoice us.

Can I use another company to bill you?

You can use another company to bill your commission.
Some companies offer such services. You ask the company to contact us.

Can I become an affiliate partner if I don’t have an account with Sikirapay?

No, you must be approved and open an account with us to become our affiliate partner.

The commission payout dates:

01.01. – 31.03. will be paid no later than 30.04

01.04. – 30.06..paid no later than 30.07

01.07. – 30.09. will be paid no later than 30.10

01.10. – 31.12. will be paid no later than 30.01

If you have any questions please mail to  us at support@sikirapay.eu