The PayPoint 'Refer a Retailer' program is a new promotion from the payment service provider to help encourage word-of-mouth amongst retailers and offer impressive savings.
The program, which started on July 25, works by having existing PayPoint One subscribers refer additional retailers to the service and get rewarded with one free month of service credited to their account. Referees will also be eligible to claim the first month of their service back to make it a great option for all parties involved to reap the benefits.
Retail Services Director Ben Ford commented on the new PayPoint 'Refer a Retailer' program saying, "The launch of this promotion will further reward and show our appreciation for our 28,000 existing retail partners as well as open exciting opportunities for new retailers.”
Key Themes Behind This Trend
- Referral Marketing
- PayPoint's 'Refer a Retailer' program incentivizes existing subscribers to refer new retailers and promotes word-of-mouth marketing.
- Subscription Services
- The PayPoint 'Refer a Retailer' program provides an opportunity to attract more retailers to subscribe to their service.
- Retailer Loyalty Programs
- The promotion can create loyalty among existing PayPoint One subscribers with the incentive of one free month of service.
Where This Applies
- Payment Services
- PayPoint's program encourages growth in the payment service industry through referral marketing.
- Small Business Services
- The promotion targets small businesses to promote PayPoint's services and increase subscribers.
- Retail Technology
- The promotion highlights PayPoint's service and platform as a viable option for retailers who are seeking a payment solution or technology.
