How To Make Money On Chipper Cash
Chipper Cash is not a make money scheme platform nor a get-rich-quick platform but a fintech company that provides a mobile-based platform for peer-to-peer money transfers, bill payments, and other financial services. The company was founded in 2018 by Ham Serunjogi and Maijid Moujaled and is headquartered in San Francisco, California, with operations across several African countries, including Ghana, Nigeria, Kenya, Uganda, Tanzania, Rwanda, and South Africa. With that being said, with the huge desire to get more customers and users, they introduced ways to make money using the platform, and those ways are what I’m going to share with you in this article- how to make money on chipper cash.
How chipper cash works
Chipper Cash works as a mobile-based platform for peer-to-peer money transfers, bill payments, and other financial services. Here are the basic steps of how Chipper Cash works:
Download the app
You can download the Chipper Cash app from the Google Play Store or Apple App Store and create an account.
Verify your identity
You will be required to verify your identity using your government-issued ID or passport to complete the account creation process.
Link your bank account
You can link your bank account to your Chipper Cash account using your active bank account number and routing number.
Add funds to your Chipper Cash account
You will need to add funds to your Chipper Cash account using your linked bank account, debit card, or credit card.
Send money
With that being done, you can send money to other Chipper Cash users by entering your phone number or username and the amount you want to send.
Receive money
You may receive money from other Chipper Cash users by providing your phone number or username.
Pay bills and buy airtime
As a chipper cash user, you can pay bills and buy airtime directly from the Chipper Cash app and enjoy bonus cash back.
Exchange currencies
Users can exchange currencies at competitive rates using the Chipper Cash app.
Invest in cryptocurrencies
Users who are into cryptocurrency can also invest in cryptocurrencies like Bitcoin and Ethereum directly from the Chipper Cash app.
How to make money on Chipper cash
As said earlier, there are ways to make money on chipper cash, these are direct and indirect, everything as being given in full analysis below:
Direct Ways of Making Money on Chipper Cash
The following are term direct ways to make money on chipper cash:
Referral program
Chipper Cash has a referral program that rewards users for referring friends to the platform.
You can earn a cash reward for every friend you refer who signs up and successfully completes certain actions on the platform.
This is purely a direct way to make money on chipper cash
Cashback offers
Chipper Cash offers cashback on certain transactions, such as bill payments and airtime purchases.
Read: How To Invest In South Africa Real Estate and Make Money
You can as well earn a percentage of the transaction amount as cashback.
This is also term a direct way to make money on chipper cash.
Indirect Ways of Making Money on Chipper Cash
These are termed indirect ways people can make money through chipper cash:
Investment in cryptocurrencies
Chipper Cash allows users to invest in cryptocurrencies like Bitcoin and Ethereum directly from the app.
Users can potentially make money by buying and selling cryptocurrencies at the right time.
Exchange rate arbitrage
Chipper Cash allows users to exchange currencies at competitive rates.
Users can potentially make money by taking advantage of differences in exchange rates between different currencies.
Business transactions
Chipper Cash also offers business accounts that allow businesses to receive payments from customers and make payments to suppliers.
Businesses can potentially make money by using the platform to manage their finances more efficiently.
This is also termed an indirect way to make money on chipper cash.
How to withdraw my Chipper Cash Referral Bonus
To withdraw your Chipper Cash referral bonus, you will need to link your Chipper Cash account to a bank account. Kindly follow the steps given below:
- Open the Chipper Cash app on your mobile device.
- Tap on the “Menu” button in the top left corner of the app.
- Tap on “Cash Out” from the menu.
- Choose the bank account you want to withdraw your funds to, or add a new bank account by entering the account details.
- Enter the amount you want to withdraw.
- Review the transaction details to ensure everything is correct.
- Tap on “Confirm” to complete the withdrawal.
Your referral bonus will be transferred to your linked bank account within a few business days.
Frequently Asked Questions About Making Money on Chipper Cash
here are some frequently asked questions about Chipper Cash:
How much does Chipper Cash charge for transactions?
Chipper Cash does not charge any fees for peer-to-peer transactions. However, there may be fees associated with certain services, such as bill payments and airtime purchases.
Is Chipper Cash safe to use?
Chipper Cash uses encryption and other security measures to ensure the safety and security of its amiable users’ financial transactions.
How can I make money on Chipper Cash?
Users can make money on Chipper Cash through the referral program, cashback offers, investment in cryptocurrencies, exchange rate arbitrage, and business transactions as shared with you in the main content.
How do I withdraw my funds from Chipper Cash?
To withdraw your funds from Chipper Cash, you will need to link your Chipper Cash account to a bank account and follow the instructions on the app.
Does Chipper Cash have a customer support team?
Yes, Chipper Cash has a customer support team that can be reached through the app or via email.
What languages does Chipper Cash support?
Chipper Cash supports several languages, including English, French, Swahili, and Portuguese.
