Introducing Rising Tide, our absurdly generous referral program. 🤑 Each new referral pays rewards for three years. Your referees can refer others, growing your network up to five tiers deep, all of which contribute to your payout rewards. ⭐️ And for a limited time, earn an additional $75 for each new account referral. ⭐️
Simulate one year of referral payouts by selecting points one-by-one or let the simulation run. Due to size constraints, the simulation limits vendors to 3 referrals each, the referral network only extends 4 levels deep, and the blended basis is 3%. Our model uses conservative estimates, real referral networks may create even greater earnings. See below the graph for more options to fully extend the network and earning projections.
Full program details below.
Including the 5th tier, average referrals per vendor, and a % blended basis, projected payouts are approximately $0.00 in year 1, $0.00 in year 2, and $0.00 in year 3, for a lifetime $0.00 total.
Three-year earnings window
A single referred vendor generates Rising Tide earnings for three years. The simulation shows year-one payouts with year two and three summarized. In the full program, the payout rate decreases each year.
How earnings change over time
Payout=basis×tier rate×time-based payout rate
Each referred vendor keeps its own three-year window starting from join date.
Long-term earnings
A few strong referrals can go a long way. Rising Tide is designed to turn a modest initial effort into a long-term revenue stream that, with some extra effort, can grow into a living wage.
The Rising Tide Program allows referring vendors and partners to earn ongoing revenue by introducing other vendors to Tendr Bill. As more vendors join and generate activity, the network grows, creating a compounding stream of earnings tied directly to real activity. As vendors you refer use Tendr Bill, you earn a percentage of Tendr Bill’s eligible basis generated by their activity — creating real, recurring earnings that grow as the network expands.
Key highlights
- Earn payouts from activity of vendors you refer, for example card payments and subscriptions.
- Direct referrals earn the largest share.
- Earnings also flow from vendors referred further down the network.
- Each referred vendor generates earnings for 3 years.
- Continue referring vendors to keep building new earning streams over time.
How It Works
As vendors you refer use Tendr Bill, you earn a percentage of Tendr Bill’s eligible basis, with the highest percentage paid on direct referrals and smaller percentages paid as those vendors bring additional vendors — indirect referals — onto the platform.
Eligible basis is the portion of referred-vendor activity that Rising Tide payouts are calculated from.
The eligible basis varies depending on the product or activity. Some activity may produce little or no basis, while other products create more. For example, ACH, a free product, generates no eligible basis, credit card payments generate meaningful basis, and products such as buy now, pay later may generate a larger basis. As the basis increases, so do your earnings.
Blended basis is an estimated average basis rate across a mix of products and activity. Because different products generate different basis, blended basis gives a simple way to model overall earning potential across vendors using different payment methods and revenue-generating products.
Referral Tier Structure
| Tier | Relationship | Your Share |
|---|---|---|
| Tier 1 | Vendor you directly refer | 20% |
| Tier 2 | Vendor referred by your referral | 10% |
| Tier 3 | Third level in the network | 5% |
| Tier 4 | Fourth level in the network | 2.5% |
| Tier 5 | Fifth level in the network | 1.25% |
Direct referrals always earn the largest share, with smaller percentages earned further down the network.
Referral Network Example
Example network:
If Charlie generates basis:
| Vendor | Tier | Earnings |
|---|---|---|
| Bravo | Tier 1 | 20% |
| Alpha | Tier 2 | 10% |
If Charlie refers another vendor, the network extends another level:
When Delta generates basis:
| Vendor | Tier | Earnings |
|---|---|---|
| Charlie | Tier 1 | 20% |
| Bravo | Tier 2 | 10% |
| Alpha | Tier 3 | 5% |
This means that helping vendors you refer grow their own networks can extend your earning potential.
Your Earnings Window
Each vendor you refer generates Rising Tide earnings for three years from the date they join Tendr Bill. During this period, only activity that generates eligible basis produces Rising Tide earnings. After the three-year window closes, that vendor continues using Tendr Bill normally, but referral payouts from that vendor’s activity end.
Each vendor’s window operates independently, so vendors further down your network remain active for their full three-year period even if earlier referrals have expired. As long as you continue referring new vendors, you continue creating new earning streams over time.
Example Earnings
Assume:
- Customer invoice — $1,000
- Tendr Bill basis, example blended rate, for example 3% — $30
The Rising Tide percentages are applied to Tendr Bill’s basis from the payment.
Example 1 — Direct Referral
Alice joins Tendr Bill using Bravo’s referral. Bravo earns Tier 1 share.
- Revenue base — $30
- Tier rate — 20%
Bravo earns=$30×20%=$6.00
Example 2 — Second Tier Referral
Charlie generates $1,000 in activity. Tendr Bill basis = $30.
| Vendor | Tier | Earnings |
|---|---|---|
| Bravo | Tier 1 | $6.00 |
| Alpha | Tier 2 | $3.00 |
Example 3 — Deeper Network
Delta generates $1,000 in activity. Tendr Bill basis = $30.
| Vendor | Tier | Earnings |
|---|---|---|
| Charlie | Tier 1 | $6.00 |
| Bravo | Tier 2 | $3.00 |
| Alpha | Tier 3 | $1.50 |
Example 4 — Big Picture Example
To understand the long-term potential of the Rising Tide Program, consider a larger but still realistic example.
Assume you build out the full five tiers of the program. Each vendor refers three additional vendors, and all vendors generate an average of $150,000 in activity per year through Tendr Bill. With Tendr Bill’s example 3% blended basis, each vendor generates $4,500 of annual basis.
Your earnings from each level would look like this:
- Tier 1 (3 vendors) → 20% of $4,500 = $900 each → $2,700 / year
- Tier 2 (9 vendors) → 10% of $4,500 = $450 each → $4,050 / year
- Tier 3 (27 vendors) → 5% of $4,500 = $225 each → $6,075 / year
- Tier 4 (81 vendors) → 2.5% of $4,500 = $112.50 each → $9,112.50 / year
- Tier 5 (243 vendors) → 1.25% of $4,500 = $56.25 each → $13,668.75 / year
In this example network, a single referrer would be earning approximately $35,606.25 per year.
If we assume the standard payout reduction over the three-year window, 100% in Year 1, 50% in Year 2, and 25% in Year 3, and for simplicity assume all vendors joined at the same time and therefore expire together, the lifetime value of this network would be:
- Year 1 — $35,606.25
- Year 2 — $17,803.13
- Year 3 — $8,901.56
Total lifetime earnings from this network would be approximately $62,310.94.
Even a modest referral network can produce meaningful annual earnings. Direct referrals earn the biggest share, but as the network grows the combined effect of the deeper tiers add up, turning a handful of introductions into a meaningful income stream.
Transparency
Each event of activity that generates a Rising Tide payout produces a payout record showing:
- the eligible product
- date and time
- referral tier
- calculation basis
- effective percentage
- payout amount
Participant identities are never disclosed.
Program Status
The Rising Tide Program is currently in development. Vendors can begin referring others immediately, and doing so carries no risk, any eligible activity during this period will be tracked and credited retroactively once the program launches.
Summary
The Tendr Bill Rising Tide Program allows referring vendors to earn meaningful revenue by introducing other vendors to the platform, with direct referrals earning the highest share and additional earnings flowing from deeper network activity. The program offers long-term earning potential and even living wage potential.
We believe this structure is industry-leading in its simplicity, transparency, alignment with real usage, and its potential to generate high earnings.