Merchant Referral Bonus Policy

Last Update: Oct 14, 2009

1. In General.

PayPal currently offers a Merchant Referral Bonus program ("the Bonus") to all account holders. By participating in the Bonus, you acknowledge that you have read, understood, and agree to be bound by these Terms and Conditions. The PayPal New Account and Referral Bonus programs were discontinued on 26 Sep. 2004.

2. Merchant Referral Bonus.

  1. Eligibility. This Bonus is open to all PayPal users. PayPal reserves the right to discontinue this program at any time within thirty days of notifying users. Should the program be discontinued, you will receive the full bonus for new merchants you had previously already referred under the following terms.
  2. Persons Who May Be Referred. You must only refer PayPal to individuals and businesses with whom you have a pre-existing personal or business relationship (a "Merchant"). Without limiting the generality of the foregoing, you must not obtain names for referral from i) group email addresses or ii) third party bulk mailing lists, customer lists or email lists. You must not submit yourself for this referral bonus. You will not be eligible for a bonus for referring a business that signs up for PayPal during a reduced fee promotional offer period.
  3. No Spamming. We strictly forbid the sending of unsolicited e-mail to numerous recipients ("spamming") and any PayPal user who spams other Internet users for referral bonuses will have his or her account immediately and permanently terminated. See our Anti-Spam Policy for additional information.
  4. Number of Merchant Referral Bonuses. For a limited time, there are no restrictions on the number of Merchant Referral Bonuses you may earn.
  5. Bonus Requirements. For each Merchant that you refer to PayPal who completes the new account bonus requirements below, we will credit a bonus, under the following guidelines, to your PayPal account. A Merchant will only be deemed to have been referred for the purposes of these Terms and Conditions if:

    1. They are not a PayPal user at the time of the Referral
    2. They sign up for a Premier or Business PayPal account
    For all referrals, you must have a PayPal account in good standing. All conditions must be met before the Bonus expires.
  6. Bonus Amount. The Merchant Referral Bonus is a revenue-sharing agreement in that bonus amounts will be derived from the Merchant's Net Merchant Sales ("NMS"), defined as the Merchant's Gross Merchant Sales (the sum of Website Payments and qualified Send Money transactions paid to the Merchant's account), less any chargebacks, refunds, and reversals. "Website Payments" are payments made through PayPal's Merchant Tools, including Buy Now and Donation buttons, Subscriptions & Recurring Payments, the PayPal Shopping Cart. "Qualified Send Money transactions" are payments made through the Send Money tab of the website where the user selects the Type "Goods (other)", "Quasi-Cash", or "Service". The bonus payment is based on the amount of NMS, as follows:
    1. Initial Payout. Initial Payout. When the Merchant reaches $200.00 U.S. Dollars ("USD") in NMS, and has become Verified, the initial $1.00 USD bonus will be credited to your PayPal account.

      If the Merchant's Primary Balance is in a currency other than USD, the Initial Payout threshold will be determined according to the following schedule:

      Currency of Primary Balance $200.00 USD NMS Equivalent
      Canadian Dollar
      $300.00 CAD
      Euro
      €200.00 EUR
      Pound Sterling
      £150.00 GBP
      Yen
      ¥20,000 JPY
      Australian Dollar
      $200.00 AUD
      Swiss Franc
      300.00 CHF
      Norwegian Krone
      1,600.00 NOK
      Swedish Krona
      2,000.00 SEK
      Danish Krone
      1,500.00 DKK
      Polish Zloty
      800.00 PLN
      Hungarian Forint
      55,000 HUF
      Czech Koruna
      6,000.00 CZK
      Singapore Dollar
      $400.00 SGD
      Hong Kong Dollar
      $1,900.00 HKD
      New Zealand Dollar
      $380.00 NZD
      Israeli New Shekel
      800.00 ILS
      Mexican Peso
      2,200.00 MXN
      New Taiwan Dollar
      $6,600.00 TWD
      Thai Baht
      7,200.00 THB
      Philippine Peso
      10,000.00 PHP
      Malaysian Ringgit
      800 MYR
      Brazilian Real
      400 BRL
      If your Primary Currency is in a non-USD currency, your Initial Payout will be awarded according to the following schedule:

      Currency of Primary Balance Merchant Referral Bonus Amount
      Canadian Dollar
      $1.50 CAD
      Euro
      €1.00 EUR
      Pound Sterling
      £0.50 GBP
      Yen
      ¥100 JPY
      Australian Dollar
      $1.00 AUD
      Swiss Franc
      1.30 CHF
      Norwegian Krone
      6.75 NOK
      Swedish Krona
      9.00 SEK
      Danish Krone
      6.00 DKK
      Polish Zloty
      3.00 PLN
      Hungarian Forint
      210 HUF
      Czech Koruna
      24.00 CZK
      Singapore Dollar
      $1.60 SGD
      Hong Kong Dollar
      $7.00 HKD
      New Zealand Dollar
      $1.50 NZD
      Israeli New Shekel
      5.50 ILS
      Mexican Peso
      15.00 MXN
      New Taiwan Dollar $44.00 TWD
      Thai Baht
      46.00 THB
      Philippine Peso
      62.00 PHP
      Malaysian Ringgit
      5.00 MYR
      Brazilian Real
      3.00 BRL
    2. Residual Payout. After the Initial Payout, and as long as the Merchant is still within the 12 month Payout Period, you will receive Residual Payouts equivalent to 0.5% of the Merchant's NMS in excess of $200 no sooner than once every 30-days.
    3. Maximum Payouts. You may only receive up to $1,000 in combined Initial and Residual Payouts per referred Merchant. The total of your bonus may not exceed PayPal's revenue for the volume that you have driven. If your Primary Balance is in a currency other than USD, your maximum payout will be determined according to the following schedule:

      Currency of Primary Balance Maximum Payout
      Canadian Dollar
      $1,500.00 CAD
      Euro
      €1,000.00 EUR
      Pound Sterling
      £750.00 GBP
      Yen
      ¥100,000 JPY
      Australian Dollar
      $1,350.00 AUD
      Swiss Franc
      1,300.00 CHF
      Norwegian Krone
      6,800.00 NOK
      Swedish Krona
      8,000.00 SEK
      Danish Krone
      6,200.00 DKK
      Polish Zloty
      3,200.00 PLN
      Hungarian Forint
      210,000 HUF
      Czech Koruna
      25,000.00 CZK
      Singapore Dollar
      $1,600.00 SGD
      Hong Kong Dollar
      $7,700.00 HKD
      New Zealand Dollar
      $1,500.00 NZD
      Israeli New Shekel
      4,000.00 ILS
      Mexican Peso
      11,000.00 MXN
      New Taiwan Dollar
      $33,000.00 TWD
      Thai Baht
      36,000.00 THB
      Philippine Peso
      50,000.00 PHP
      Malaysian Ringgit
      4,000 MYR
      Brazilian Real
      2,000 BRL
    4. Payout Period. You are only eligible to receive Merchant Referral Bonus payouts for the first 12 months of the Merchant's account ownership.
    5. Payout Frequency. You will receive your Initial Payout within one week of the Merchant reaching the initial $1,000.00 USD in NMS and becoming Verified. Residual Payouts will be made no sooner than every 30 days thereafter.
    6. Method of Referral. To receive credit for referring a Merchant, the Merchant must sign up for his or her PayPal account by going to the PayPal site through your Merchant Referral Link.
    7. Exclusivity. For each account which you refer, you are only eligible to receive one bonus

3. Additional Terms and Conditions.

  1. Bonus Period. PayPal reserves the right to discontinue the Bonus for any reason, at any time and for any duration at its sole discretion, and without notice.
  2. Remedies for Your Noncompliance. If PayPal determines in its sole discretion that you have not complied with these Terms and Conditions, it may, in addition to any other rights and remedies it may have against you, immediately and without notice to you, withdraw all benefits to you under the Bonus (including, without limitation, by cancelling or declining to credit any and all refunds issued or to be issued to you in connection with the Bonus and, by declining to send or stopping from being sent, any Bonus payments).
  3. Limitation of Liability for PayPal. TO THE FULLEST EXTENT PERMITTED AT LAW, NEITHER PAYPAL NOR ANY OF ITS AFFILIATES, DIRECTORS, OFFICER, EMPLOYEES, OR OTHER REPRESENTATIVES WILL BE LIABLE FOR DAMAGES ARISING OUT OF OR IN CONNECTION WITH THIS OFFER. THIS IS A COMPREHENSIVE LIMITATION OF LIABILITY THAT APPLIES TO ALL DAMAGES OF ANY KIND, INCLUDING (WITHOUT LIMITATION) COMPENSATORY, DIRECT, INDIRECT, OR CONSEQUENTIAL DAMAGES; LOSS OF DATA, INCOME, OR PROFIT; LOSS OF OR DAMAGE TO PROPERTY; AND CLAIMS OF THIRD PARTIES.
  4. Entire Agreement. These Terms and Conditions represent the entire agreement between you and PayPal with respect to the Bonus.
  5. Variation of the Terms and Conditions. These Terms and Conditions may be amended or modified by PayPal in its sole discretion at any time and these amendments and modifications will apply to you when you use the PayPal service. Any such amendments will be posted to this page, and it is your responsibility to review this page from time to time for such amendments.
  6. Currency. Unless otherwise stated, all amounts in these Terms and Conditions are in USD
  7. Severance. If any provision of these Terms and Conditions is held to be invalid, such invalidity will not affect the remaining provisions.