People have been looking for ways to make banking easier while getting rewards for doing it. Some people have even been asking and trying digital banking and financial services.
With such demand and the available technology, it is inevitable that people are not met with services that they desire. R Network is one such service.
Acting as a digital bank with top-notch financial services, the website has everything in place to be the next disruptor in the technological world.
But if you are reading this post then you are thinking if you can make any money with this opportunity. Read on to know more about R network and invest your time and energy once you completely understand how it works.
What Is R Network?
R Network is basically an MLM (Multi-Level Marketing) Platform enabling users to make money online, just by referring others to this platform.
The platform has been created by a team of 5 individuals, who instead of being named, preferred to be called brothers. This team has over 46 years of experience in the MLM industry, in total.
They have been associated with 11 companies, totaling over $1 billion in turnover. Currently, available only on the invite, the R Network is an exclusive platform that is really difficult to join.
The main product offered by the company is its Revv Card. Currently, in Beta Phase, the card is expected to be launched for the general public in early 2020.
The Revv Card is different from any other ATM Card. It attaches to any regular payment card and allows you to gain exclusive discounts from retailers that you shop from.
It basically adds the benefits of using online cashback or discount coupon sites, to your regular ATM card. You can use the Revv Card for making normal purchases, just like any other Debit or Credit card.
The R Network has currently partnered with over 300,000 businesses, retailers, hotels, restaurants, worldwide with some big names featuring Hilton, Marriott, Dominos, Subway, to name a few.
How Does It Work?
Currently, in Beta Phase, the Revv Card is aimed at replacing your wallet altogether. The card functions is a very subtle manner. Firstly, you need to create an account on their website.
For this, you would require an invite code. After creating your profile, you can order a Revv Card and get it delivered right to your doorstep. After activating the card, you can add all your ATM, debit and credit cards in the Revv Card.
Your Revv Card will replace every other card. Now you can start shopping with your RevvCard and enjoy the benefits of the R Network.
You will get access to exclusive discounts and cashback, that you can redeem at other partner stores, or even cash them out from any ATM. Basically, whenever you shop through the Revv Card, you earn points that can be redeemed in a number of ways.
Currently, to subscribe to the R Network there is a monthly fee of $38. They also have an MLM affiliate program that runs 10 levels deep, allowing you to make some quick bucks in the process.
How you can make money with the R Network right now?
The R Network program comes with an MLM scheme where you are going to earn commissions based on how many people you recruit under you.
So, if you are going to recruit someone under you, you would be paid $11.5 in commissions provided they are paying the monthly membership.
You will hire three people under you and then these three people would hire more people under them. This way your pyramid would keep expanding.
You would earn about $2 from the members that your affiliate would recruit and so on. The earnings from your third level affiliates are going to be locked until you have three members on your level 2.
Until they launch the RevvCard, this is how they expect their members to make money from the program.
The matrix is pretty complex and can be confusing but since I would not recommend this website anyway, there is no point in going into further details.
Pros
1. The Revv Card is a revolutionary card that can replace your entire wallet.
2. The offers are great and can save you a few bucks every time you shop.
3. The points that you earn can be redeemed in cash, via ATM.
4. The R Network features some of the biggest names as their partners.
Cons
1. There is a subscription fee of $38 per month to use the service.
2. The program is still in Beta. You need to have an invite code, in order to start using the platform.
3. The affiliate network runs 10 levels deep, promising that you to make huge amounts of money. The commissions are small, so you need to have a lot of referrals to start earning substantial amounts.
4. Basically you are expected to sell the membership itself in order to make money from this program. This just seems a little unethical because as of now the program has nothing else to offer and you never know if it would release anything in the future.
Would I recommend this website?
No. The website, for now, seems like a waste of time as all it wants its members to do is sell the membership to other people. I mean this just seems bizarre because they ahve not yet released the RevvCard and it makes no sense for anyone to join this program.
There could also be a possibility that they would never release any card even in the future. I mean it is possible, so be careful of such opportunities.
Overall, the R network did not seem like a real money-making opportunity to me and if you want to make money online then there are so many better opportunities out there apart from this one.
The R Network is a program that you could join only if they have the RevvCard and if it is a good investment, otherwise, you never know what they would and wouldn’t release in the future.
A major red flag from this company is that they want you to hire affiliates and say they can help you make money from this system.
Conclusion
R Network is not the right money-making opportunity for beginners. It is an MLM program and has nothing to offer but only its membership at the moment.
So, in order to make money from this website, you are going to promote its membership to other people which seems a little bizarre and unethical.
If you are promoting a product that has some value or use then it makes sense but just promoting the membership to make money is not something I would recommend.
Better than investing your time with this program, you can learn skills that would help you to build an online business from scratch. This is how I started making money online and I was a complete beginner.
I learned affiliate marketing from Wealthy Affiliate and within a year I was making a full-time income online. If you are thinking that joining WA is expensive then let me tell you that you can get started with it for FREE right now!
You get a trial membership where you can see if you are really interested in giving your online business a chance. It is probably one of the best ways to get started.
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If you want to go premium then you can do so with the introductory offer of $19 a month. This means for less than a dollar per day, you are getting the chance to make a full-time income online.
So, do check out WA and let me know if you have any questions as I will be happy to help!
If you have any experience with the R Network then do share with us in the comments section as it would definitely help our readers.
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