RapidCents Referral Program Agreement
Last Updated: 30 of May 2025
This Referral Program Agreement (“Agreement”) is between RapidCents Inc. (“RapidCents”, “we”, “us”, or “our”) and you (“you”, “your”, or “Referrer”) who refers merchants to our payment processing services (the “Services”). By participating in the RapidCents Referral Program (the “Program”), you agree to be bound by the terms of this Agreement.
1. Program Overview
1.1 Purpose.
This Program incentivizes approved individuals and businesses to refer prospective merchants (“Referred Merchants”) to RapidCents in exchange for referral benefits, subject to full compliance with this Agreement.
1.2 Eligibility.
Participation is limited to individuals or entities with a valid RapidCents account in good standing. We may revoke eligibility at any time for any reason.
1.3 Referral Method.
Referrals must occur via a unique referral link or submission portal authorized by RapidCents. No other method will be accepted.
2. Referral Benefits
2.1 Reward Structure.
You may earn monetary or service-based rewards (e.g., free processing credit) only if:
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The Referred Merchant signs up via your referral link.
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They are approved by RapidCents.
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They complete onboarding and begin transacting.
2.2 Conditions.
RapidCents reserves the right to:
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Approve or reject any Referred Merchant at our sole discretion.
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Modify or rescind referral rewards without notice.
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Deny reward eligibility if fraud, collusion, or abuse is suspected.
2.3 Free Processing Credit (if applicable).
If rewarded in the form of free processing, it applies only to base processing fees and excludes chargebacks, FX, card scheme penalties, or regulatory fees.
2.4 Payout & Taxes.
All amounts are subject to withholding or deductions under applicable tax law. You are responsible for complying with your local tax obligations.
3. Referrer Responsibilities
3.1 Lead Legitimacy.
You represent that:
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You have a prior business or personal relationship with the Referred Merchant.
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You have the legal right to share their information with us.
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You have obtained explicit consent for RapidCents to contact them.
3.2 Code of Conduct.
You agree NOT to:
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Make misleading or false representations.
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Offer cash or incentives without our written approval.
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Misuse the RapidCents brand or impersonate a representative.
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Engage in any behavior that harms RapidCents’ reputation.
4. Trademark & IP
4.1 Brand Use License.
RapidCents grants you a limited, non-exclusive, revocable license to use its marks only for promoting the Program. You may not:
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Alter or misuse our trademarks.
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Use our materials for anything beyond Program promotion.
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Suggest partnership or legal affiliation beyond this Agreement.
4.2 IP Ownership.
All rights, titles, and interests in our trademarks, content, and services remain the exclusive property of RapidCents.
5. Confidentiality & Data
5.1 Confidentiality.
All non-public Program materials are RapidCents’ confidential information. You agree not to disclose them to third parties.
5.2 Privacy.
You agree to comply with all applicable privacy and anti-spam laws, including but not limited to CASL and PIPEDA.
6. Indemnity & Limitation of Liability
6.1 Indemnification.
You shall defend and indemnify RapidCents against any third-party claims arising from:
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Your breach of this Agreement,
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Misuse of RapidCents’ brand or confidential information,
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Any violation of law.
6.2 Limitation of Liability.
RapidCents is not liable for indirect, incidental, special, or punitive damages. Our total liability under this Agreement will not exceed $100 CAD.
7. Term & Termination
7.1 Term.
This Agreement begins when you participate in the Program and continues until terminated by either party.
7.2 Termination.
RapidCents may terminate or suspend your participation:
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At any time, for any reason, with or without notice;
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Immediately, if we suspect abuse, non-compliance, or reputational harm.
7.3 Post-Termination.
Unused referral rewards may be forfeited. You must immediately cease all use of our marks.
8. Miscellaneous
8.1 Independent Contractor.
You are not an employee, agent, or legal partner of RapidCents. You may not bind us in any way.
8.2 Modifications.
We may amend this Agreement at any time. Continued participation after notice constitutes your acceptance.
8.3 Governing Law.
This Agreement is governed by the laws of the Province of Ontario, Canada. All disputes will be exclusively resolved in Toronto, Ontario.
8.4 Severability.
If any provision is found unenforceable, the remainder remains in full force.
8.5 Entire Agreement.
This Agreement supersedes all prior agreements and represents the full understanding regarding the Program.
📩 Contact
Questions about this Agreement?
Contact us at: [email protected]