How does the "referred business" qualify for the referral payout?

The "referred business" must have a cumulative spend of at least $10,000 CAD in card purchases within the first 90 days (excluding chargebacks and refunds)

Neither the "referring customer" nor the "referred business" would qualify for the referral in the event there is two or more businesses with the same director, owner or admins. This is to ensure genuine new businesses are referred.