1) The Vault account is an actual bank account with all features of a bank account. The parameters is the same as it is to sign up for any bank account.
You receive the link from your referrer and sign up for a free account and go through a free KYC (Know Your Customer) process like you would at any bank.
2) Vault is NOT, I will repeat this, is NOT an MLM. Vault is a bank with an amazing RevShare Affiliate Program.
An MLM has a product or service that changes hands, usually an auto-ship, and so on. You are paid by the company for promoting their product or service and in many cases, the company can not afford to pay too many distributors too much money or they can not make their margins.
This is a true RevShare Affiliate Program, meaning we as bank customers can actually receive portions of real merchant fees. Think about that for a moment. YOU, as bank customer can share in the merchant fees. <– That is incredible.
The RevvCard, (Yes two V’s), is named because it is a true revenue sharing program.
– Once a customer signs up, he/she will have an option to pre-order a RevvCard. For every RevvCard purchased, we will be paid $10 up the TBS, or $1 up 10 levels.
That means you will be paid $1 for every card sold in your matrix.
This will be paid AFTER the card ships.
– All Vault members will be able to receive a plastic debit card prior to their RevvCard being shipped. This card will not have the discount services, BUT the members will be able to use it and YOU will receive commission on their card usage. Up to 1% per use, i.e., 10 basis points up 10 levels.
This is true for your direct sponsors and everyone else in your 3X10 Matrix with dynamic compression. (I will explain what this means on my call this Sunday evening).
Once the Revvcard is shipped out, members will be able to replace their original Vault debit card with it and load all of their cards, accounts, and so on onto it and take advantage of the discounted pricing.
There are 375,000 vendors in the U.S. and 600,000 vendors worldwide who will give discounts for the card use.
This does not mean that the total number of vendors who will accept the card is limited; it is the number of vendors who will give you a discount for using it. (This number is anticipated to grow to a much larger number fairly quickly).
– Once you refer your 10th bank customer, you will receive an email from Vault congratulating you and mentioning that you can take part in their RevShare Affiliate Program.
You would have to pay an affiliate fee of $30/month, $60 month 1, unless you are a current Nui member, the first $30 fee will be waived.
Why would you not accept this invitation? – You would have 10 bank customers that you would be receiving 10 basis points on per debit card purchase.
IT GETS BETTER:
Once the RevvCard ships out and is being used, you will also receive commission on purchases NOT made on the debit card.
Example: A member adds additional credit cards, merchant cards, whatever, onto their RevvCard – Yes, the merchant behind that card will be paid, but since they are using our rails, we will also be paid. It will be less than 1% of the purchase price up 10 levels. It will vary from card to card. So amazing – commission on cards not even named RevvCard.
-If a bank customer pays his/her mortgage via his/her Vault account, 1% is also paid up 10 levels. A true RevShare Program.
-I love this: WE receive the same amount of commission via merchants regardless if we are the personal sponsor or not.
-The Affiliate Fee. This one is awesome as well. For all personally invited customers, you will receive $10 of the $30 fee monthly, and $1 will be paid up the 10 levels. This means $11 actually for your personally sponsored members and $1 for every other affiliate.
Is your head exploding yet?
4) Thumbprint – There is a biometric thumbprint. To activate your card, you place your thumb on it.
If you lose your card and walk 30 appx 30 feet away from the last place you swipe your card, your card will call your cell phone and let you know you left it behind, This goes great with your cards GPS as well.
Your card will data dump if you walk 30 feet away from it and all you have to do to reload the date and activate it is place your thumb on it.
If someone else wants to use it, they will need your thumb.
5) You will be able to store FIAT, cryptocurrency, and precious metals in the Vault.
Like any bank, FDIC insured on your money, and what is really cool, your crypto will be 110% insured.
Kala will be listed on the top of all cryptos in the Vault and will be the ONLY crytpo with a point of sale option which could be huge for Kala. If you do not have it. Get with the person who invited you hear and learn about it. <—Highly recommended.
6) I was asked by Richard to watch closely at our team’s messaging.
Please see earlier posts I have made in this group regarding messaging. I will be covering it a lot on my call Sunday Night. I will share the link and time shortly.
We can promote the card features as well as the RevShare Program.
The bank features are still being built out and will continue to improve.
7) Videos, website and so on. All being built and developed and will roll out shortly
There will be 3 videos released shortly:
a) Video on the RevvCard and its features
b) Video on the features of than bank itself
c) Video explaining the RevShare Affiliate Program
OTHER IMPORTANT NOTES:
This card will be honored on the STAR Network. Anyone in banking knows that is a huge deal. You can use your card at any ATM in this worldwide network.
This card will be sold through Vault and Walmart ONLY <– Love it!!!
I own a company and I have employees. I can purchase this card for my employees. What a great perk for my employees, BUT WAIT A SECOND – WAIT A BIG LONG SECOND
i can also become an affiliate and earn a commission every time my employees use the card. So it is a win/win.
NO white labeling as they want s to promote the RevvCard, BUT companies can use it as a perk for their employees, and here is where it gets really exciting, employers can use it as their Payroll Card!!!
All Vault videos will be shared on our team YouTube Channel. Please see previous post and subscribe to our team YouTube Channel.
More information regarding Vault itself will be shared. Bullet points will be created, banking perks, fees, everything will be charted out and shared with us shortly as well.
kickoff meeting next WED at 7 PM. I will see if it will be available via zoom.
Can earn commission on original plastic debit card and affiliate monthly fees prior to the Revvcard being received, and we will be paid the commission on the sale of the cards once they ship.
This is INCREDIBLE!!!
Lets use the card to receive discounts and show others how to do the same, all while receiving a “REVENUE SHARE” of actual merchant fees.