Referral Rewards
Referral Reward is based on the Merchant's Total Online Volume (TOV) which as submitted in the merchant's onboarding application. Payment is paid upon 10 successful transactions or £100 successfully processed, whichever comes first.
Merchant's TOV
Referral Reward
£0-2m per annum
£100
£2m-10m per annum
£250
£10m+ per annum
£400
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Rvvup Ltd is a distributor of Modulr FS Limited, a company registered in England and Wales with company number 09897919, which is authorised and regulated by the Financial Conduct Authority as an Electronic Money Institution (Firm Reference Number: 900573) for the issuance of electronic money and payment services. Your account and related payment services are provided by Modulr FS Limited. Whilst Electronic Money products are not covered by the Financial Services Compensation Scheme (FSCS), your funds will be held in one or more segregated accounts and safeguarded in line with the Electronic Money Regulations 2011 — for more information please see here. Rvvup Ltd also provides other regulatory services. These are separate and unrelated to the account and payment services you receive from Modulr FS Limited.