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PREVIOUS:Refer and earn applications function by offering users a special code or link that they can distribute to their acquaintances, family, and friends. Depending on the app's reward system, the referring user receives points, money, discounts, or other incentives when someone uses the referral link or code to download the app. By using the referral link or code to sign up, the new user might also get a bonus. After downloading the app through a recommendation, a user can begin recommending it to their own contacts to get rewards for themselves. Because of this, the app's user base grows exponentially as current users are encouraged to refer new users, who in turn refer even more users.NEXT:Within the financial services industry, apps such as Robinhood and Cash App have referral programs that award free stocks or cash bonuses to users who recommend new users who download & use the app. Refer & earn programs are another feature of food delivery services like Uber Eats & DoorDash, which give users discounts on their orders in exchange for referring friends to use the app. In the travel sector, there are also refer and earn applications. For example, Airbnb's referral program gives users travel credits in exchange for referring new hosts or guests to the website. RELATED NEWS
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