CUSTOMER agrees and understands that by electronically executing the Paybit Club Terms and Conditions, Customer is acknowledging having received, read and understood such Terms prior to the purchase of an Paybit Club license, goods or services. INDEPENDENT DISTRIBUTOR aka BRAND PARTNER agrees and understands that by electronically executing the Paybit Club Independent Brand Partner Agreement (“Agreement”), you apply for legal authorization to become a Paybit Club Independent Brand Partner, and enter into contract with Paybit Marketing Inc., hereinafter “Paybit Club.” You acknowledge that prior to signing you have received, read and understood the Paybit Club Income Disclosure Statement, Terms and Conditions, and the Paybit Club Spam and Privacy Policies which are incorporated into this Agreement and made part of it as if restated in full, as posted at www.PaybitClub.com and that you have read, understand and agree to all terms set forth in this Agreement. Paybit Club reserves the right to reject any application for any reason within 30 days of receipt.
To become a Paybit Club Customer (Merchant), a person must visit a Paybit Brand Partner’s website to sign up for free and start using our services. The Brand Partner’s website will be linked to his/her username, with which they will be commissioned. Customers are not authorized to market or resell Paybit Club tech, merchant services or any future products or services unless they have also signed and submitted a Paybit Brand Partner Agreement and purchased any starting license.
To become a Paybit Brand Partner, a person must: (a) have a Sponsor who has submitted in their back office the Paybit Club Independent Brand Partner Agreement; (b) signing and submitting the Paybit Club Independent Brand Partner Agreement and (c) purchasing a starting License A Brand Partner need NOT purchase a license to be a member of Paybit Club. Once those steps are completed the applicant is authorized to market and sell Paybit Club products or services to Customers and enroll Paybit Brand Partners to their marketing organizations.
Paybit Brand Partners and Customers understand that: (a) There are no minimum purchases or inventory requirements for Paybit Brand Partners or Customers. All product purchases are optional, and that Paybit Club pays bonuses only when products are purchased and services are utilized, NOT FOR RECRUITING. Please operate your distributorship in a financially responsible way. Do not incur debt in order to participate in Paybit Club opportunity. Come in where you fit in. (b) You may not buy more products than you can reasonably use personally or as inventory for retail sales based upon your reasonably projected needs. You agree that you will promote the retail sale of the Products and the utilization of our services unless they have been purchased for personal use or demonstration (when it applies). (c) You are required to provide retail receipts to your retail customers and keep copies as described in the Policies and Procedures. Paybit Club reserves the right to ask for proof of retail sales by requiring copies of the retail receipts. Refunds to retail customers are governed by law and these Terms and Conditions.
Credit card information collected at registration or for product orders is used only to process payment for the transaction and, generally, is not retained on our Site. However, you may voluntarily elect to securely store multiple credit cards to be used for product orders.
Paybit Club will only consider for acceptance as Paybit (a) Individuals who are of the legal age. (b) Married couples of which at least one is of legal age. (c) Corporations in good standing in the state, province, or country of their incorporation.
Paybit Brand Partners may not use or submit to Paybit Club any Social Security Number, National ID Number, Tax Revenue Number, Taxpayer Identification Number or Corporate Account Number other than the actual number assigned to the Customer or Paybit Brand Partner by the proper governmental authority (if required).
All entries in the Paybit Club backoffice must be completely and properly filled out and acceptance of the Independent Distributor Agreement, Terms and Conditions, Policies and Procedures, Income Disclosure, Spam and Privacy policies is indicative of an electronic signature used in signing the Paybit Brand Partner Agreement. Paybit Club will not be responsible for loss of commissions or bonuses or for delays in Paybit Brand Partner registrations or orders due to: (a) errors by Paybit Brand Partners in sending in wrong information for themselves or on behalf of clients (b) delays or errors caused by the mail or fax transmission; (c) the inability of Customers or Paybit Brand Partners to reach Paybit Club Customer Service by email during busy periods.
If for any reason an Paybit Club Customer or Brand Partner is not completely satisfied with any physical product or an initial purchased “License”, the Customer or Brand Partner may return the product together with a copy of the purchase receipt to the Paybit Club World Headquarters located in Phoenix, AZ within 30 days of the date of purchase, and Paybit will (1) credit the Customer or Brand Partner’s account for the total purchase price of the product (less 35% restocking fee plus shipping and handling charges), or (2) upon the Customer or Brand Partner’s written request, replace the product without charge, or (3) upon the Customer or Brand Partner’s written request, refund the total purchase price of the product (less 35% restocking fee plus shipping and handling charges). Refunds, when requested, will be issued by means of a refund check mailed to the Customer or Brand Partner’s residence as found in the system. Refund checks that remain uncashed for more than180 days will not be honored, and in that case another refund check needs to be issued, the value of that check less a processing fee of $15 USD and a bank cancellation/stop payment fee of $10 USD will be applied. Paybit Marketing Inc reserves the right to cancel the service or sale to any Customer or Brand Partner who abuses the satisfaction guarantee by excessively returning the product. If for any reason any Customer is not completely satisfied with any digital product, if the customer paid the retail price, the Customer may return the product together with a copy of the purchase receipt to Paybit Club within 30 days of the date of purchase and Paybit Club will (1) credit the Customer’s account for the total purchase price of the product (2) upon the Customer’s written request, refund the total purchase price of the product. No refunds will be granted if Customer paid a promotional or discounted price for the digital product. Refunds on Starting Licenses will apply ONLY IF the Brand Partner has not received any commission from Paybit Club. Once the Brand Partner has received at least one commission, he/she can’t request a refund.
Paybit Brand Partners receive commissions based on actual sales of products and services to End Businesses. When a product is returned to Paybit Club, the Distributor or Brand Partner commissions attributable to that product will be deducted from the commission disbursements in the month that the return occurs. Paybit Club reserves the right to terminate the Independent Paybit Brand Partner Agreement or cancel service or sale to the Customer who abuses the Paybit Club Satisfaction Guarantee and Return Policy by excessively returning products.
A Paybit Brand Partner may cancel his/her Independent Paybit Brand Partner Agreement for any reason and at any time by giving written notice to Paybit Club bearing his/her original signature, printed name, address, Username ID and reason for canceling (to assist Paybit Club in improving its customer service) to the Phoenix, AZ business address on record.
Paybit Brand Partner agrees and understands that any dispute, controversy or claim arising out of or relating to this contract, including the formation, interpretation, breach or termination thereof, including whether the claims asserted are arbitrable, will be referred to and finally determined by arbitration in accordance with the JAMS International Arbitration Rules. The tribunal will consist of a sole arbitrator. The place of the arbitration will be the United States. The language to be used in the arbitral proceedings will be English. Judgment Upon the award rendered by the arbitrator may be entered by any court having jurisdiction thereof.
Paybit Brand Partner agrees and understands to only resolve disputes with Paybit Club on an individual basis, and may not bring a claim as a plaintiff or a class member in a class, consolidated, or Brand Partner action. Class arbitrations, class actions, private attorney general actions, and consolidation with other arbitrations are strictly prohibited.
If a Paybit Brand Partner wishes to bring a claim against Paybit Club for any act or omission relating to or arising from this Agreement, such claim must be brought within one (1) year from the date of the alleged conduct giving rise to the claim. Paybit Brand Partner waives all claims that any other statutes of limitations apply.
Paybit Brand Partners should notify Paybit Club immediately of any errors or questions about commissions, bonuses, Monthly Business Reports, orders or charges. Paybit Club will correct any errors reported to it within 7 days, but Paybit Club will NOT be responsible for any errors, omissions or problems not reported within 7 days.
Independent Paybit Club Businesses may only be owned by an individual or a married couple, or by corporations that comply with Paybit Club guidelines. If a couple who jointly own an Independent Paybit Club Business divorce, they may apply to have the Independent Paybit Club Business transferred to one of them as the sole owner. The divorced couple must submit to Paybit Club a written request specifying to which person the Independent Paybit Club Business will be transferred. The request must either contain the notarized signature of both parties or contain the notarized signature of at least one party and include a certified copy of the court approved divorce decree or property settlement that designates to which party the Independent Paybit Club Business should be transferred. Paybit Club is not bound by any such request or court decree and retains the right to approve or disapprove of such transfer request at its sole discretion. If the transfer is approved, the person to whom the Independent Paybit Club Business is being transferred must sign and submit to Paybit Club a new Independent Paybit Brand Partner Agreement.
An Independent Paybit Club Business may be inherited by a single person, a married couple or a trust which complies with Paybit Club ’s guidelines, pursuant to a valid will or other appropriate document, or in accordance with the intestacy laws of the state, province, or country in which the Paybit Brand Partner resides. A person who inherits an Independent Paybit Club Business must furnish Paybit Club with proper documentation that he/she is the beneficiary and is authorized to represent the estate. He/she must also execute an Paybit Brand Partner Agreement, fulfill all of the functions of an Paybit Brand Partner and abide by the terms of Paybit Club ’s Statement of Policies.
Paybit Club Brand Partner will not engage in enrolling in multiple lines or legs other than the one they enrolled in originally. At times a change of sponsor may be deemed necessary, but the Distributor must fill out the necessary paperwork to be turned in to the Corporate office for approval. Therefore, Paybit Brand Partners may transfer from one Paybit Club organization to another only upon fulfillment of all of the following requirements: (a) The Paybit Brand Partner seeking the organization change has submitted an Organization Change form with the original signatures of the immediate SEVEN generations above the Paybit Brand Partner who have earned over the previous six months; (b) The Paybit Brand Partner or Customer seeking the organization change has paid to Paybit Club the applicable fee charged by Paybit Club for organization changes; ($250 fee) (c) Paybit Club has approved the change in writing, which approval Paybit Club may withhold in its sole discretion.
Paybit Brand Partners are independent contractors and may be active in other business ventures while they are Paybit Brand Partners for Paybit Club. However, to qualify for compensation under Paybit Club’s Compensation Plan, Paybit Brand Partners have the ongoing responsibility to service, supervise, motivate, train and assist the Paybit Brand Partners in their Marketing Organizations. They also have the responsibility to promote positively Paybit Club products, the Paybit Club income opportunity and the Paybit Club name. Paybit Club reserves the right to cease paying compensation to any Paybit Brand Partner who recruits any Paybit Brand Partner to participate in another business venture. In order to protect the efforts of all Paybit Brand Partners in building and maintaining their individual marketing organizations and customer bases, and in order to protect Paybit Club ’s interest in the overall Customer base, Paybit Brand Partners are required to abide by the following policies: (a) Non-Solicitation of Paybit Club Customers and Paybit Brand Partners: (i) During the period that their Independent Paybit Brand Partner Agreements are in force Paybit Brand Partners and all members of their Immediate Household are prohibited from directly, indirectly or through a third party recruiting any Paybit Club Customers or Paybit Brand Partners to participate in any other business venture. (ii) For a period of twelve (12) months after cancellation or termination for any reason of an Paybit Brand Partner’s Independent Paybit Brand Partner Agreement, the Paybit Brand Partner and all members of his or her Immediate Household are prohibited from directly, indirectly or through a third party recruiting to participate in any other business venture any Paybit Brand Partners. (b) During the period that their Independent Paybit Brand Partner Agreements are in force, and for a period of twelve months after the cancellation or termination thereof for any reason, Paybit Brand Partners and all members of their Immediate Household are further prohibited from the following: (i) Producing any literature, tapes or promotional material of any nature (including but not limited to websites and emails) which is used by the Paybit Brand Partner or any third person to recruit Paybit Club Customers or Paybit Brand Partners to participate in another business venture; (ii) Selling, offering to sell, or promoting any competing products or services to Paybit Club Customers; (iii) Offering any non-Paybit Club products, services or business ventures in conjunction with the offering of Paybit Club products, services or income opportunity or at any Paybit Club meeting, seminar, launch, convention, or other Paybit Club function. (c) Violation of any provision of this Policy 19 constitutes an Paybit Brand Partner’s voluntary resignation and cancellation of his/her Independent Paybit Brand Partner Agreement, effective as of the date of the violation, and the forfeiture by the Paybit Brand Partner of all commissions or bonuses payable for and after the day in the month in which the violation occurred. (i) If Paybit Club pays any bonuses or commissions to the Paybit Brand Partner after the date of the violation, all bonuses and commissions shall be refunded to Paybit Club . (ii) Paybit Club may seek and obtain from the violating Paybit Brand Partner both injunctive relief and damages for violations of this Policy 19. Paybit Club , may, at its option, elect to enforce this Policy by lawsuit in a court of competent jurisdiction in the United States rather than by arbitration. (d) Violations of this Policy are especially detrimental to the growth and sales of other Paybit Brand Partners’ Independent Paybit Club Businesses. Consequently, Paybit Brand Partners who have knowledge that any Paybit Brand Partner has violated this Policy must immediately report that information to Paybit Club ’s Policy Administration Department. The failure of an Paybit Brand Partner to report such information to Paybit Club will also constitute a violation of this Policy. The names of those reporting violations of this Policy will be held in confidence.
Paybit Brand Partners’ compensation is based on sales of product to the End Consumer. To qualify for this compensation Paybit Brand Partners have the ongoing responsibility to promote the Paybit Club business opportunity, to support Paybit Club’s policies, programs and personnel, and to service, supervise, motivate and train the Paybit Brand Partners in their Marketing Organization to sell and market Paybit Club products and promote the Paybit Club business opportunity. Any effort by an Paybit Brand Partner to convince or entice any Customer or Paybit Brand Partner to discontinue or diminish purchasing Paybit Club products or services, to move from one Paybit Club Marketing Organization to another (cross-line), to discontinue or diminish efforts to promote the Paybit Club business opportunity, or to promote or pursue another MLM direct selling opportunity, or to disparage Paybit Club , or its products, marketing plan, management team or other personnel, through any communication means or social media, is a violation of the Paybit Brand Partner’s leadership responsibility and a violation of this policy.
Paybit Brand Partners may not use, reproduce or disseminate the Paybit Club trade name or logo or any Paybit Club trademark or service mark except in the use and dissemination of literature published and made available by Paybit Club and except on stationery and business cards produced and authorized by Paybit Club . This includes, but is not limited to, the formations ``Paybit” and “Paybit Club”.
(a) Paybit Brand Partners may NOT: (i) create, publish, sell, use, display or distribute any literature, audio or video recording, Internet web site, telephone ad message, Internet bulletin board message, mass or bulk email message (including auto-response messages), infomercial or other print, audio, visual, electronic media or social networking sites which represents Paybit Club, its products, services, Compensation Plan or business opportunity other than as specifically permitted pursuant to this Policy and Paybit Club ’s Guidelines on Internet Usage or that which is produced and provided by Paybit Club; (ii) copy or reproduce any materials produced by Paybit Club except as specifically permitted pursuant to this policy; (iii) use the Paybit Club name or logo or the name or logo of any of Paybit Club ’s products or services in any notice, display, advertisement or promotion, including, but not limited to, newspaper, magazine, radio, television or Internet or email advertisements, or telephone, Internet or other directories (except an Paybit Brand Partner may have a directory listing in the following format: “Paybit Brand Partner—[name of Paybit Brand Partner]”); (iv) display, advertise or promote Paybit Club ’s products, services or business opportunity at county fairs, craft fairs, business fairs, trade shows, flea markets or any similar event, including the use of booths, without the express prior written approval of Paybit Club ; (v) charge for Paybit Club -related meetings performed or arranged by an Paybit Brand Partner except to the extent necessary to cover the actual out-of-pocket expenses incurred. (b) Paybit Brand Partners may use websites and email messages only in accordance with Paybit Club ’s Guidelines on Internet Usage as the same are published on Paybit Club ’s website, and which may be revised and modified from time to time at Paybit Club ’s sole discretion. Paybit Club will take reasonable measures to publish notice of any changes to the guidelines on its website, however it is the Paybit Brand Partners’ responsibility to review these guidelines periodically to be informed of and comply with any changes. (c) Paybit Club will have the right, in its absolute discretion, to require that any Paybit Club related website be taken down and that any Paybit Club related email message be discontinued. An Paybit Brand Partner’s failure to comply with any provision of this policy may result in forfeiture of commissions and bonuses, fines, suspensions and/or in termination of the Paybit Brand Partner’s Independent Distributor Agreement.
Paybit Brand Partners are prohibited from making false, misleading or inaccurate claims about their or other persons’ compensation received under the Paybit Club Compensation Plan. Furthermore, Paybit Brand Partners are prohibited in the highest degree possible from presenting the Paybit Club opportunity as a passive investment program. Commissions are solely driven by the sales efforts of each individual Distributor. Distributors may only present the Paybit Club Compensation plan using presentation language approved by Paybit Club. Distributors may not use any false or misleading information when presenting the Paybit Club Compensation Plan. Terminologies such as “investment”, “passive income”, “easy money” or “get rich quick” or the such, nor the showing of cash at meetings or showing publicly the amount made in their back offices are all strictly prohibited. Paybit Club Brand Partners that persistently engage in such activities will have their contracts terminated.
Paybit Brand Partners SHALL: Conduct themselves in a professional, courteous and considerate manner consistent with our company’s values of Honesty and Transparency; Represent Paybit Club products in a sincere and honest manner and will honor Paybit Club ’s Customer Satisfaction Guarantee; Represent the Paybit Club Compensation Plan only as prescribed by Official Paybit Club Material; Become familiar with and utilize sales techniques, Paybit Club ’s Compensation Plan and Statement of Policies, and other materials as prescribed by Paybit Club; Present the Paybit Club business opportunity in a manner which is consistent with Official Paybit Club Material; and Provide training, motivation and support to Paybit Brand Partners in their organization Paybit Brand Partners SHALL NOT: Engage in any deceptive, unlawful, or unethical business or recruiting practice; Use terminologies such as “investment”, “passive income”, “easy money” or “get-rich-quick”; Engage in any high pressure selling or recruiting practices; Enroll minors or persons who are not capable of making an informed decision with respect to entering into a Customer Membership Agreement or Independent Paybit Brand Partner Agreement; Order Paybit Club products including online shopping malls for other Customers or Paybit Brand Partners without the express permission of such persons; or Seek other Paybit Brand Partners NOT in their Marketing Organizations to join their team; Seek in any way to violate or circumvent Paybit Club ’s policies. Failure to abide by these ethical guidelines may result in the Brand Partner’s account / contract to be suspended or even terminated.
Prior to enrolling a prospective Paybit Brand Partner, Paybit Brand Partners shall provide to and review with the prospective Paybit Brand Partner a current copy of Paybit Club ’s Terms and Conditions, Policies and Procedures; Income Disclosure, Spam and Privacy Policies, along with the Paybit Brand Partner Agreement.
When a vacancy occurs in a Marketing Organization due to the voluntary resignation or involuntary termination of an Paybit Brand Partner (a “Canceled Paybit Brand Partner”), the sponsor of the Canceled Paybit Brand Partner will be approached with the offer to inherit such a vacancy. If for any reason the Sponsor does not want it, then qualification will be merited to the first and highest ranking Distributor closest to the vacant position, equal or greater than the Canceled Paybit Brand Partner rank. To qualify for any roll-up or inheritance, the Paybit Brand Partner who will be receiving the roll-up or who will be inheriting Personal Enrollees must have been in compliance with Paybit Club ’s policies for the preceding 12 months.
As an independent contractor, it is a Paybit Brand Partner’s responsibility to: (a) Abide by any and all federal, state, provincial, county and local laws, rules and regulations pertaining to the acquisition, receipt, holding, selling, distributing or advertising of Paybit Club products and services and the promotion of the Paybit Club business opportunity; (b) At the Paybit Brand Partner’s own expense, make, execute or file all such reports and obtain such licenses as are required by law or public authority with respect to his/her Independent Paybit Club Business and/or the receipt, holding, selling, distributing or promoting of Paybit Club products; (c) Be solely responsible for declaration and payment of all local, state, provincial, federal and general sales taxes and fees as may accrue because of the Paybit Brand Partner’s activities in conjunction with his/her Independent Paybit Club Business; (d) Supply all of his/her own equipment and tools for operating his/her business, such as telephone, transportation, professional services, office equipment, and office supplies; and (e) Provide his/her own place of business and determine his/her own work hours.
Paybit Brand Partners are not corporate Representatives of Paybit Club and are not authorized to incur any debt, expense or obligation on behalf of or for Paybit Club, nor bind Paybit Club to any agreement or contract.
Paybit Brand Partners agree and understand that Paybit Club does not engage in the sales or offering of Securities as defined by the United States Securities and Exchange Act(s) and the United States Securities and Exchange Commission or any other laws or regulations of any Country, State or Territory.
Paybit Brand Partners agree and understand that Paybit Club does not engage in an investment contract of any kind as defined by the United States Securities and Exchange Act(s) and the United States Securities and Exchange Commission or any other laws or regulations of any Country, State or Territory.
Upon notification to Paybit Brand Partners, Paybit Club may, at its sole discretion, amend the Compensation Plan, Statement of Policies, Definitions of Terms and/ or the terms of the Independent Paybit Brand Partner Agreement and any other agreements entered into by and between Paybit Club and the Paybit Brand Partners. By signing the Independent Paybit Brand Partner Agreement, Paybit Brand Partners agree to abide by any such amendments. The continuation of an Independent Paybit Club Business or an Paybit Brand Partner’s acceptance of commissions and/or bonuses from Paybit Club constitutes his/her acceptance of any such amendments. Paybit Brand Partners will be bound by the most current versions of the Compensation Plan, Paybit Club ’s Terms and Conditions, Policies and Procedures; Income Disclosure, Spam and Privacy Policies the Statement of Policies, the Independent Paybit Brand Partner Agreement and any other agreements entered into by and between Paybit Club and its Distributors.