6.1. Monetag offers its Publishers a wide range of payment methods in order to provide convenient conditions for mutually beneficial cooperation.Monetag has the following payment terms:
- Self-Service billing type:
- for newly registered Publishers the very first payout may be proceeded not earlier than 14 calendar days from the date the first campaign starts;
- the second and the following payouts to be proceeded either on a weekly basis (every Thursday) with a Hold 4 days, or at Net 35 days basis. Payment terms variations available in Your personal account.
- For Management service, Monetag will payout Publisher’s revenue at Net 35 days basis.
- Minimum payment amounts:
- wire transfers – min 1000 USD;
- payment service providers – according to the limits set forth in your personal account subject to selected payment method.
If the balance is less the limits above, Monetag will add the amount to the next payment until account balance will reach specified minimum. The specified minimum amounts can be adjusted with agreement of all parties hereto however such payments may be subject to banking and administration fees.
6.2. Monetag acts as a third party for advertisers, therefore Publisher understands and agrees that payment for Publisher’s revenue is dependent upon payments from advertisers to Monetag that it has received without any restrictions. You hereby release Monetag from any claim for Publisher’s revenue if Monetag did not receive funds from the advertiser. Publisher shall hold Monetag harmless and indemnify it from any claims or liability related to such unpaid revenue.
6.3. Monetag provides the ability to perform payments by using payment service providers. Publisher shall have the right to select any payment service provider available. You agree that Monetag is not responsible for any actions made by the payment service provider including but not limited to any additional transaction fees, banking commissions or currency fees applied to your transaction. All payments shall include the above-mentioned fees and commission, if applicable.
6.4. Publisher is responsible for all applicable taxes associated with provided Services, other than taxes based on Monetag income. Publisher shall indemnify Monetag against all losses suffered or incurred by Monetag arising out of or in connection with any payment made to the Publisher.
6.5. Publisher responsible to supply valid payment details in personal account of our Service, if details are wrong or if the Publisher change its payment details, it is the Publisher’s responsibility to notify by mail 14 days before payment due date. Publisher will bear payments fees if required. In any event, all payments will be made at the payment details specified in your personal account in our Service.
6.6. All payments are processed automatically. We may, in our sole discretion, refuse to process a payment (and may place a payment hold) on any part of your account for any reason, block your account and terminate this Agreement, including if we have a reasonable suspicion that you have breached any clause of this Agreement. We also reserve the right to set-off any amount you owe us, including for breaches of this Agreement. We assume no responsibility for paying any taxes on payments made to you, and you acknowledge and agree that it is your complete and sole responsibility to pay for all taxes as a consequence of your participation in the Program.
6.7. Hereby you represent and warrant to provide Monetag with all the documentation or its equivalents, needed for identification of the parties, ascertainment of the legal fact and fulfillment of its obligations under this Agreement, within 15 business days from the date of request. In certain cases, we may withhold all payments until we will receive relevant documentation from you.
6.8. You on your own shall ensure the ability to receive payments from Monetag to specified bank account or at relevant payment provider. If the receipt of remuneration or other payment is delayed or failed because of your non-compliance with this clause 6 (including if the failure or delay is caused by a third party payment service provider you are using), Monetag shall not be responsible for violation of terms of payment.
6.9. If you believe that any fault in transaction has taken place, you agree to notify us immediately, and we will make all possible efforts to eliminate delays or errors in payment processing. Unless your claim been submitted within 30 days after the charge, you will have waived, to the fullest extent permitted by law, all claims against Monetag related to the transaction. If you experience a technical failure or interruption of services that causes your funding transaction to fail, you may request that your transaction be completed at a later time.
6.10. By entering into this Agreement, you agree to receive Publisher’s revenue as from Monetag, or from its affiliates, subsidiaries, agents, sub-contractors or distributors.