Frequently Asked Questions
Here is a list of our most frequently asked questions to help you get the most out of Veremark.
Will I have access to advertising materials to promote Veremark?
Yes, you will receive the link to promotion materials via email after you sign up.
How do I promote Veremark?
You can promote Veremark in any way you can. Here are some suggestions: - Podcasts - Webinars - Email marketing - Social media posts - Banner ads - Blogs
How is the payout figure calculated?
The total payout figure is calculated as a 5% commission of the Veremark services that your affiliated company/companies have subscribed to and used. Please keep in mind that the 5% commission does not include the disbursement fees i.e. data fees for checks, government fees, and payment processing fees are not included as part of the affiliate commission.
Is there a limit on how much I can earn?
No. Earn as much as you like! There is no cap on how many referrals you can make. You are encouraged to bring in as many companies as you can.
Can I refer companies only in the United Kingdom and Singapore? How will the payout be arranged?
We welcome all referrals from all countries. Please note the payout will only be available after accumulating £500 GBP / $1000 SGD. You will receive one payout covering all countries.
How do I see my previous payments and referrals?
You can track your payout history and past referrals in the automatic report that will be sent out every quarter.
What is the minimum amount of revenue required to receive payout?
An affiliate is eligible for payout once their balance reaches £500 GBP / $1000 SGD. If you do not make over this amount in a given quarter, we will roll over the balance to the next quarter until this minimum threshold is met.
What is the payout period? When will I receive my payouts?
At the end of each quarter, we will assess if you are eligible for the payout and will schedule the payment. You will be paid via bank transfer or PayPal. For example, if you get a successful conversion in Q1, the payout will be done in June.
Who should I refer to Veremark?
You can refer any business to Veremark. However, you will only receive commissions on new customers that do not have an active paid account with us already.
Can I use my referral code to open my second company?
No, the code will only apply to new company registrations, transfers, and services with different shareholder information.
Is there any membership fee involved to promote you?
No. Our program is free to join and we have no monthly fees or minimum sales requirements.
Can I use the my referral code for my own Veremark services?
No, the code will only apply to new company registrations, transfers, and services with different shareholder information.
Do you provide help to my referral?
Yes, we would treat them as any other client that comes in. We’d be happy to speak with them before they use our service. The only difference is that they would have your referral code.
What happens after I sign up?
You’ll receive an email with your unique code, share it, and make sure your referral uses your code when they sign up with Veremark.
I’m interested. How do I sign up?
Click on the Join our Programme button. You can get started right away.
Who is eligible to become a Veremark’s Affiliate or referral?
Anybody can become an affiliate or referral with us.
What background check do I need?
This depends on the industry and type of role you are recruiting for. To determine whether you need reference checks, identity checks, bankruptcy checks, civil background checks, credit checks for employment or any of the other background checks we offer, chat to our team of dedicated account managers.
Why should employers check the background of potential employees?
Many industries have compliance-related employment check requirements. And even if your industry doesn’t, remember that your staff have access to assets and data that must be protected. When you employ a new staff member you need to be certain that they have the best interests of your business at heart. Carrying out comprehensive background checking helps mitigate risk and ensures a safer hiring decision.
How long do background checks take?
Again, this depends on the type of checks you need. Simple identity checks can be carried out in as little as a few hours but a worldwide criminal background check for instance might take several weeks. A simple pre-employment check package takes around a week. Our account managers are specialists and can provide detailed information into which checks you need and how long they will take.
Can you do a background check online?
All Veremark checks are carried out online and digitally. This eliminates the need to collect, store and manage paper documents and information making the process faster, more efficient and ensures complete safety of candidate data and documents.
What are the benefits of a background check?
In a competitive marketplace, making the right hiring decisions is key to the success of your company. Employment background checks enables you to understand more about your candidates before making crucial decisions which can have either beneficial or catastrophic effects on your business.
What does a background check show?
Background checks not only provide useful insights into a candidate’s work history, skills and education, but they can also offer richer detail into someone’s personality and character traits. This gives you a huge advantage when considering who to hire. Background checking also ensures that candidates are legally allowed to carry out certain roles, failed criminal and credit checks could prevent them from working with vulnerable people or in a financial function.