If you’re looking to earn extra income, you’re in the right place. Wise offers a chance to partner with a trusted name in international money transfers. By referring others to their services, you can earn commissions and help people save on transactions.
In this guide, we’ll delve into the ins and outs of the Wise Affiliate Program, showing you how to maximize your earnings and make a positive impact on global finance. Get ready to embark on a journey towards financial empowerment!
Overview of Wise
Founded in 2010 as TransferWise, Wise is a fintech company that specializes in international money transfers and multi-currency accounts. The company aims to provide fast, low-cost international transfers and transparent exchange rates.
Wise has quickly become one of the world’s largest cross-border payments networks, transferring over £5 billion every month for 10 million customers worldwide. The company is headquartered in London and has over 2500 employees across 13 global offices.
In 2021, TransferWise rebranded as Wise to reflect its wider services beyond money transfers, including multi-currency accounts and debit cards. The rebranding also marked the company’s continuous innovation and ambition to build the best way to move money around the world.
Overview of Wise Affiliate Program
The Wise affiliate program, managed through Partnerize, lets you earn money by promoting Wise – a more affordable way to handle international money transfers.
It’s open to everyone – website owners, bloggers, influencers, and more! But you should note that Wise doesn’t work with voucher/discount code websites or partners who only use paid advertising.
You’ll get access to tools like a referral dashboard, Wise API, and widgets to boost your content. Plus, there are exclusive collaboration chances.
There is no cookie window, which means you get paid, no matter when the user makes their first transfer. Don’t pass up on this chance to earn while revolutionizing global finance!
Wise Affiliate Commission and Payment Details
Commission rates for personal users start at £10, and for business customers, it’s £50. If you bring in a lot of new paying customers or have high transaction volumes, contact Wise at email@example.com for special arrangements. You’ll receive your earned commission at the beginning of each month, approximately every 30 days.
You can withdraw your commission into your bank account in the currency of your campaign (GBP, USD, EUR, AUD, or JPY). If you don’t have an account in these currencies, consider opening a Wise account for easy withdrawals. Keep in mind fake accounts may lead to partnership termination.
Wise Affiliate Program: Pros and Cons
Let’s have a look at the benefits and drawbacks of the Wise affiliate program:
|High commissions (up to £50)
|Commissions only after transactions
|Fast monthly payments
|No promotion on coupon/cashback sites
|Detailed reporting and analytics
|Limited to organic or direct-paid traffic
|Customizable marketing materials
|Dedicated affiliate support
The Wise affiliate program gives you good money for getting people to sign up for personal or business accounts. They pay you quickly and provide detailed reports. You can customize things, and the managers are there to help. This program is especially good for people who talk about finance and sending money.
However, there are some downsides. Firstly, you only earn when customers complete transactions, not just sign up. Besides, you can’t promote Wise on coupon or cashback sites, and traffic must be organic or paid.
Maximizing Your Earnings with Wise Affiliate Program
Here are some tips for publishers to maximize their earnings with the Wise affiliate program:
Firstly, you should prioritize high-quality content like detailed reviews and “how-to” guides. This builds credibility and trust with potential customers. You can also engage actively with the audience through comments and social media, fostering a sense of community and gathering valuable feedback to refine offerings.
Besides, highlight Wise calculators and money transfer comparison tools to demonstrate their practicality and benefits, aiding users in making informed decisions. Segmenting email lists by geography for targeted promotion of Wise is another good way to promote Wise products, especially for international money transfers.
By optimizing promotion strategies over time, publishers can steadily increase their Wise commissions.
How to Join the Wise Affiliate Program in 5 Steps
Here are the steps to join the Wise affiliate program:
Step 1: Check the eligibility requirements
Wise doesn’t partner with voucher/discount code websites, affiliate networks, or partners who only acquire traffic through paid advertising.
Step 2: Go to the Wise affiliate program page
Visit the Wise affiliate program at https://wise.com/partner/influencers.
Check the accepted countries carefully since each company has different market preferences.
Then click “Join the program”
Step 3: Fill out the application form
Complete the application form with your personal information, website URL, and marketing channels.
Step 4: Agree to the terms and conditions of the program
Once you’ve completed these steps, Wise will review your application, which may take up to 5 business days. If your application is approved, you will receive an email with instructions on how to sign up for Partnerize, Wise’s third-party tracking platform.
Sign up for Partnerize and get instant access to your tracking link. Use your tracking link to promote Wise products on your website, blog, social media, or other marketing channels. Monitor your referrals, conversions, and earnings using Partnerize’s reporting capabilities. Earn commissions for each new user you send to Wise, who completes a cross-currency transaction.
Is the Wise Affiliate Program Worth It?
For publishers focusing on international money transfers and cross-border payments, the Wise affiliate program can become a significant earnings channel. But some key factors determine whether the program is worth it for you:
- Your audience’s demand for overseas money transfer services
- Your ability to attract and engage that audience organically
- Your capacity to create high-quality content related to Wise’s products
- Your geographic location – Wise is popular in Europe, the UK, Asia, and Australia
- Your readiness to promote consistently over the long term
Let’s say you’re an affiliate for Wise, and you manage to refer 100 customers to the platform over a given period. With the commission structure of £10 to £50 per referral, let’s assume that, on average, you earn £30 per successful conversion.
With 100 successful referrals, you would earn a total commission of £3,000 (100 referrals * £30 commission per referral). This substantial earning potential showcases the attractiveness of Wise’s affiliate program. It not only rewards affiliates generously for their efforts but also provides a reliable source of income for those who actively promote Wise’s services.
For this to be viable, the publisher needs in-depth knowledge of international money transfers, an audience interested in overseas payments, and content creation abilities – reviews, comparisons, tutorials, etc. If so, becoming a Wise affiliate could become a nice secondary income stream.
But without a relevant audience and content focus, the commissions may not justify the effort. As with any program, ensure your resources are invested where they will generate maximum ROI.
Does Wise have an affiliate program?
Yes, Wise offers an affiliate program where you can generate income by suggesting a more cost-effective method for sending, spending, and receiving money internationally.
Can I make $1,000 a month as a Wise affiliate?
Yes, you can potentially make $1,000 a month as a Wise affiliate. For instance, if you’re promoting personal account sign-ups with a commission of £10, you’d need to secure 100 sign-ups to reach $1,000 in earnings.
Assuming a 1% conversion rate for your content with affiliate links, you’d need around 5,000 visitors to your content. This is an achievable number, and with a highly targeted audience, you could potentially achieve even higher conversion rates.
Who should join the Wise affiliate program?
Any individual or business with an online presence can apply to become a Wise affiliate partner. However, Wise does not partner with voucher/discount code websites, affiliate networks, or partners who only acquire traffic through paid advertising.
Is there a fee to join the Wise affiliate program?
No, there is no fee to join the Wise affiliate program.
Are there any minimum requirements to become a Wise affiliate?
Wise doesn’t have strict eligibility requirements. Instead, its program is open to bloggers, YouTubers, social media marketers, content creators, and website owners. However, Wise does not partner with voucher/discount code websites, affiliate networks, or partners who only acquire traffic through paid advertising.
Can the Wise program be combined with other affiliate programs?
Yes, the Wise program can be combined with other affiliate programs
What are the best Wise affiliate program alternatives?
Some of the best Wise affiliate program alternatives include Revolut, Money Transfers, Remitly, Bizaway, and PayPal. However, each program has its own eligibility requirements, commission rates, and payment options, so it’s important to research and compare them before deciding which one to join.