Stripe Settings
Last updated
Last updated
Once connected, you can configure how and when rewards are distributed:
Manage Reward Conditions:
Click on the "Manage" button.
Set a Minimum Spending Requirement: Define the minimum amount that a referee needs to spend to qualify as a referral. Only when a referred users spends an amount greater that the minimum payment defined, Referral Rocket will consider that as a qualifying transaction and capture the referral. Example - Minimum payment is $100. User A refers User B and User C. User B spends $50 and user C spends $200. Only User C's transaction will be considered and User C will become a referral of User A and User A will be assigned a reward.
Set a Minimum Payment Frequency: Specify the required number of payments referee needs to make to validate a referral. Example - minimum amount: $100, minimum payments count: 3
1st payment: 100 (qualifies)
2nd payment: 90 (does not qualify)
3rd payment: 150 (qualifies)
4th payment: 80 (does not qualify)
5th payment: 100 (qualifies)
Result: The customer(referee) qualifies after making three qualifying payments (1st, 3rd, and 5th) and the referrer will then be assigned a reward. Note: This option is only available in paid plans.
Assign referee reward when referrer is rewarded: In some cases, you may want to reward the referee at the same time when the referrer gets a reward if you do not provide a discount/promo upfront. Enabling this feature will add the referee in the rewards table to be processed for rewards either manually or automatically if auto reward is enabled. Note: This feature is only available in double sided refer a friend program. Note: This option is only available in paid plans.
Auto Reward: Referral Rocket will automatically and instantly process rewards on your behalf when a participant becomes eligible for a reward. Set a minimum amount for a reward to be sent automatically.
Immediately - Send reward immediately when they become eligible
15th of every month - Send rewards 15th of every month. For example, with the 15th of every month option, the reward issued in December will be disbursed on January 15th.
30th of every month - Send rewards 30th of every month. For example, with the 30h of every month option, the reward issued in December will be disbursed on January 30th.
