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20.7.12

PayPal's Merchant Referral Bonus Program Has Now Ended

Image representing PayPal as depicted in Crunc...Image via CrunchBase
For quite a while now, I've been looking here and there for answers on how I can get my PayPal referral link again.  I had it but I lost it.  I deleted it by mistake and when I went back to my PayPal account and looked for the tab where I used to get my link, it wasn't there anymore.  I tried to look for blogposts from other people who could be experiencing the same and maybe find the answer.  I was hopeful PayPal just changed something and there’s another way of getting my referral link.  But I didn't find any.

Tonight, I’m desperate again to get my PayPal referral link because I will be assisting a client in signing up for a PayPal account so I tried to search the net again on how I can get my link.  And I got the answer, finally!  But the title of the blogpost saddened me.  It says something about PayPal putting an end to its referral bonus program.

So I checked my own email for my PayPal account to see if I get the same notification and it’s confirmed.  Here is the message I received from PayPal:

Thank you for your participation in PayPal’s Merchant Referral Bonus Program. The program will be discontinued on August 15, 2012.

Effective on August 15, 2012:

• New referrals will no longer be tracked
• Bonus accrual payments will be stopped

Your PayPal account will not in any way be impacted by the discontinuation of this program.

Any final accrued bonus balance from your referrals through August 15, 2012 will be paid to your PayPal account in accordance with the standard 30 day payout cycle.

All links you have created will still work and will redirect to a PayPal sign up page. However, referrals will not be tracked or accumulate toward this bonus program. 

For further assistance, please go to our 
PayPal.com
 website and click the “Contact Us” link at the bottom of any PayPal page.

It was indeed sad news.  It may not be that much, but still, it’s a passive income.  But I’m grateful I had the chance to use it.  Thank you, PayPal!



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