The best way to look at the MatchRate PLUS commissions plan and the best way to advance through the plan to maximize your commissions is just thinking of this business as a “lead generation” business. All you are doing is submitting “leads”, which are businesses interested in speaking to someone at MatchRate PLUS about the unique and patent-pending offer to Merchants about their credit card processing account. The more leads you submit, the faster you move through the commission levels and the more you’ll earn. Let’s break the MatchRate PLUS commissions down…
Every time you refer a lead (defined as a business who is interested in switching their Merchant Account AKA “credit card processing account” to MatchRate PLUS) and that lead becomes an active customer (meaning, they switch their credit card processing account to MatchRate PLUS), you earn a one-time $50.00 bonus.
Note: A MatchRate PLUS customer is also referred to as “Merchant Partner” because the businesses you refer will become an Agent on their own account and receive 25% of the commissions generated by their own Merchant Account.
MatchRate PLUS Residual Commissions
The MatchRate PLUS monthly residual commission plan is broken down into 3 stages. And the higher the stage you are in, the more you earn.
Pay Grade 1: 5% Monthly Residual Commission
The first 2 personally referred leads are coded to you as ”Pay Grade 1″. And it does not matter if these leads convert to an active MatchRate PLUS customer when it comes to the commission Pay Grades. As soon as you refer just 2 leads to MatchRate PLUS, you move to Pay Grade 2. Now obviously you want these businesses to convert to a MatchRate PLUS customer because you’ll begin earning a 5% monthly residual income for the life of the account. Once these leads become active accounts, you will receive a Pay Grade 1 commission of 5% on these Merchant Partner accounts.
Pay Grade 2: 12.5% Monthly Residual Commission
Once you submit your first 2 leads (again, it does not matter if the leads convert to a customer), you automatically move to Pay Grade 2. Now that you are in Pay Grade 2, your goal is to refer a total of 50 Merchant Partner leads to MatchRate PLUS. When ANY of these leads convert to a MatchRate PLUS customer (AKA Merchant Partner), you’ll earn a 12.5% monthly residual commission based on the profit that the Merchant Accounts generate. (12.5% is the total of the 5% Pay Grade 1 commission PLUS the 7.5% Pay Grade 2 commission). As soon as you have submitted just 50 leads to MatchRate PLUS, you automatically get promoted to Pay Grade 3.
Pay Grade 3: 17.5% Monthly Residual Commission
Starting on lead submission number 51, you are automatically coded to Pay Grade 3. From this point forward, ANY Merchant Partner leads that you submit to MatchRate PLUS will always be in your Pay Grade 3 pay level. Any and all Merchants Partner leads you submit to MatchRate PLUS who end up becoming a customer will earn you a 17.5% monthly residual commission for the life of the account. (17.5% is the total of the 5% Pay Grade 1 commission PLUS the 7.5% Pay Grade 2 commission, PLUS the 5% Pay Grade 3 commission.)
The above MatchRate PLUS compensation plan does not include what happens when you refer other Agents to MatchRate PLUS. When you enroll as a MatchRate PLUS Agent for free, you are provided with a MatchRate PLUS Agent ID. You will receive your own Match Rate PLUS website like this one: http://matchrateplus.com/Agent/6416
When you refer others to MatchRate PLUS, using your MatchRate PLUS website address, these Agents are coded to you, which simply means these Agents go into your Agent Network. This brings us to the next piece of the MatchRate PLUS Commissions Plan.
MatchRate PLUS Agent Referrals
We all know the secret to increasing our income is increasing our leverage. It’s much easier to build a larger, much more profitable business with the help of others. And with MatchRate PLUS, you have the opportunity to truly leverage yourself and your efforts and be compensated on all of the MatchRate PLUS customers within your entire Agent Network. Here’s how the commissions are paid when you refer other Agents to MatchRate PLUS:
You will receive a 7.5% monthly residual commission on referred Merchant Partner accounts within your referral agent network that are coded to you Pay Grade 2; and a 5% monthly residual commission on referred Merchant Partner accounts that are coded to you Pay Grade 3.
Confused by this explanation? Let me explain this a few different ways in case you have not been involved in a business that pays commissions via a “coded plan”. The bottom line is that the MAX commissions paid out on any new MatchRate PLUS customer is 17.5%.
Scenario 1: You are in Pay Grade 3 and you refer a Merchant lead who becomes a MatchRate PLUS customer. Whenever ANY customer enrolls into MatchRate PLUS, the commission engine immediately looks to see who is coded to the customer on Pay Grades 1, 2, and 3. In this case, because you are in Pay Grade 3, the commission engine tags this customer to your Pay Grade 3 (5% commission), Pay Grade 2 (7.5% commission), and Pay Grade 1 (5% commission). That’s a total of a 17.5% monthly residual commission that you are earning from that customer.
Scenario 2: You are in Pay Grade 2 and you refer a Merchant lead who becomes a MatchRate PLUS customer. The commission engine automatically looks to see who is coded to Pay Grades 1, 2, and 3. The system find that a woman named Sue Smith is the next person above you in Pay Grade 3. And you are in Pay Grade 2, and since you referred the customer, you’re in Pay Grade 1. So in this case, Sue (being a Pay Grade 3) earns a 5% monthly commission while you earn Pay Grade 2 (7.5%) and Pay Grade 1 (5%) for a total of 12.5% commissions.
Scenario 3: You are in Pay Grade 1 and you refer a Merchant lead who becomes a MatchRate PLUS customer. Like before, the MatchRate PLUS commission engine checks out to see who are the Agents “coded” to this Account. It find that you are the Pay Grade 1. Check. It looks up to find a Pay Grade 2 person named Joe. Check. It continues to look up and finds Mary is a Pay Grade 3. Check. In this case, 3 different people are being paid from this one Merchant Account.
Life As A MatchRate PLUS Pay Grade 3
As you can tell, you want to make it to the Pay Grade 3 level as soon as possible. You’re then provided with the ultimate in leveraged residual income and have a true opportunity to earn down “unlimited levels” – hundreds, thousands, even tens of thousands of Agents deep within your Agent Network. For example, let’s say that you are a Pay Grade 3 and you enroll your friend Tom who is a go-getter. He brings in a ton of leads to MatchRate PLUS, but he also refers 100 Agents so he too can build his Agent Network.
Because you referred your friend Tom, all of those Agents he referred are “coded” to you. As they refer leads to MatchRate PLUS and those leads become customers, you’ll earn 5% to 12.5% monthly residual commissions from ALL the customers they bring on board. Now it gets even better. As those Agents refer other Agents, who refer other Agents, and so on, you’re earning 5% to 12.5% commissions from ALL customers, down unlimited levels. This will continue on until one of the Agents becomes a Pay Grade 3. From that point on, any NEW business and Agents that person brings in is coded to them as a Pay Grade 3. However, you will still earn from all the Agents and all the customers that are already in and continue to come in from that person’s journey to Pay Grade 3.
So just because someone in your Agent Network reaches Pay Grade 3 doesn’t mean they cut you off of commissions from their business. They don’t. It’s just from any NEW business that they bring in from that point forward. Over time, the business that it took them to get to Pay Grade 3 may grow to hundreds, thousands, even tens of thousands of customers that you are earning Pay Grade 2 and Pay Grade 3 commissions on.
THIS is why the MatchRate PLUS compensation plan is SO VERY POWERFUL. It’s all about leverage. And believe us, we now this type of plan first-hand because we’ve been a Distributor/Agent for companies who had this exact same proven plan. And we generated seven-figures in commissions (profit) from this powerful coded plan. We know first-hand how powerful and profitable these plans really are.
So life as a Pay Grade 3 MatchRate PLUS Agent is all about continuing to build your business. Why? Because just ONE person could eventually add hundreds, thousands, even tens of thousands of customers into your Network – all of which you are earning either/or Pay Grade 2 and Pay Grade 3 commissions from. That’s the power of the MatchRate PLUS coded compensation plan.
Ready to enroll? Go to: http://matchrateplus.com/Agent/6416