Referral Program - Terms & Conditions
These Referral Program Terms & Conditions (“Terms”) govern your participation in the Alternative Payments Referral Program (“Program”) offered by Alternative Finance Corp (“Alternative Payments,” “we,” “us,” or “our”). By participating in the Program, you agree to be bound by these Terms.
1. Eligibility
To participate in the Program and earn rewards:
- You must be a current customer of Alternative Payments or its affiliates.
- Referrals must be new to Alternative Payments and not previously engaged in a commercial discussion or sales process with us.
We reserve the right to determine eligibility at our sole discretion.
2. Referral Structure
Referral Link Usage:
- Participants may generate and share unique referral links via the designated platform (e.g., alternativepayments.io/r/…) or make direct introductions between the referral and Alternative Payments via email.
Referral Discount & Revenue Share:
- The referred party (“Referral”) will receive a 10% discount on Alternative Payments’ standard pricing for the first 12 months upon signing a qualifying order form.
- The referring participant (“Referrer”) will earn a 10% revenue share on subscription revenue collected from the Referral into perpetuity, provided the Referral remains an active customer of the Alternative Payments platform. Revenue share will cease upon the Referral’s termination of their commercial agreement with Alternative Payments.
To constitute a “Qualified Referral,” the Referral must:
- Sign up for a demo via the unique referral link or a direct introduction.
- Complete a demo and meet our standard eligibility and underwriting criteria.
- Enter into a valid commercial agreement with Alternative Payments.
- Pay Alternative Payments a subscription fee.
3. Payment Terms
- Revenue share will be calculated quarterly based on subscription revenue received from the referred customer.
- Revenue share payments will be disbursed within 45 days of the end of the quarter in which revenue was received.
- Payouts are subject to minimum threshold requirements and may be delayed if accurate payment information is not provided.
4. Taxes
Referrers are solely responsible for reporting and paying any taxes arising from Program rewards. Alternative Payments may issue a Form 1099 or other tax forms as required by law.
5. Use of Referral Materials
Referrers may only use referral materials or marketing language provided or approved by Alternative Payments. Misleading, deceptive, or unapproved representations are strictly prohibited.
6. Termination and Modification
Alternative Payments reserves the right to:
- Modify or cancel the Program at any time without notice.
- Withhold or cancel payments in cases of suspected fraud, abuse, or violation of these Terms.
- Disqualify any participant at its sole discretion.
7. No Employment or Agency
Participation in the Program does not create any employment, partnership, agency, or joint venture relationship between the Referrer and Alternative Payments.
8. Limitation of Liability
To the maximum extent permitted by law:
- Alternative Payments shall not be liable for indirect, incidental, punitive, or consequential damages arising out of or related to this Program.
- Total liability for any claim related to the Program shall not exceed the aggregate amount of referral rewards earned by the claimant.
9. Governing Law
These Terms shall be governed by and construed in accordance with the laws of the State of Delaware, without regard to its conflict of law principles.
10. Contact
For questions about the Program, please contact:
đź“§ Contact@alternativepayments.io