Introducer Program Terms

Referral Scheme

  1. Purpose. Playter is in the business of offering clients subscriptions to the Playter Platform through which clients can access interest free credit to split their invoices into equal monthly instalments. Playter wishes to gain additional clients/customers.
  2. Referral Scheme. Playter will pay a referrer (“Referrer”) a fee for each referred business which becomes an active customer of Playter (“Referred Business”). In order to be eligible for referral the Referred Business must not have previously been an active customer of Playter, nor have previously applied for funding from Playter.
  3. Compensation. Playter shall pay the Referrer a referral fee (“Referral Fee”) of 10% of the first subscription contract value of the Referred Business. The Referral Fee shall be paid in two equal instalments, the first (5%) being within 30 days of  on activation of the Referred Business’ subscription and the second (5%) on successful conclusion of the Referred Business’s subscription contract. Playter shall pay the Referrer within thirty (30) days of the payment becoming due in accordance with this agreement.
  4. Eligibility. The Referrer cannot receive payment for previous customers referred prior to the date of this referral agreement. Your referral candidate must use your referral link in order to qualify for this promotion.
  5. Notification. Playter shall notify the Referrer of the outcome of any referred customers application for subscription to the platform once their application has been concluded.
  6. Confidentiality. During the course of this referral arrangement, it may be necessary for Playter to share proprietary information, including trade secrets, industry knowledge, and other confidential information, to the Referrer in order for the Referrer to seek out potential referrals. The Referrer will not share any of this proprietary information at any time. The Referrer also will not use any of this proprietary information for the Referrer’s personal benefit at any time. This section remains in full force and effect even after termination of the referral arrangement by its natural termination or the early termination by either Party.
  7. Termination. This referral arrangement may be terminated at any time by either party. Upon termination, Playter shall pay the Referrer all compensation due and owing for referrals made prior to the date of termination, but not yet paid.