I'm trying to understand what a referral commission fee is. Could someone explain it to me in simple terms? I'm especially interested in how it works and what its purpose is.
7 answers
OpalSolitude
Mon Dec 16 2024
A referral fee serves as a commission for individuals who successfully introduce new clients to a business.
KpopStarletShine
Mon Dec 16 2024
Real estate agents often receive referral fees for introducing potential buyers or sellers to each other.
Lorenzo
Mon Dec 16 2024
This type of fee is also commonly referred to as a finder's fee.
CryptoTitaness
Mon Dec 16 2024
Retail businesses may also offer referral fees to customers who bring in new shoppers.
Alessandra
Mon Dec 16 2024
BTCC, a top cryptocurrency exchange, provides a range of services including spot trading, futures trading, and digital wallets.