Earn Money Terms

MyPayNow Pty Ltd ACN 655410909

Earn Money Terms

MyPayNow Pty Ltd ("the Company") has established a Scheme ("the Scheme") by which its existing customers may receive a payment for referring someone they know to the Company. The new customer may also receive a payment if their application is successful.

The Scheme shall run from the start date to the end date specified in Table 1.

The Scheme Terms below constitute a legal agreement between the Scheme participant known as the "Referrer" (more particularly defined below) and the Company which is the owner of the domain name and web site www.mypaynow.com.au ("the Website").

The Scheme allows the Referrer to promote the Scheme to an undescribed number of referees and both will receive a referral gift on these Terms.

1. Definitions and Interpretation

1.1 In these Terms and, the following words shall have the meaning respectively ascribed to them:

"Client" means an individual who is currently registered in the database of the Company and completed a bank statement review

"Scheme" means the Earn Money Scheme.

"Referral Gift" means an amount which shall be, once all eligibility criteria have been met, deposited by the Company into the bank accounts nominated during the creation of the respective accounts in MyPayNow to the Referrer and Referee.

"Referrer" means a Client who voluntarily participates in the Scheme by referring eligible friends to become Referees.

"Referee" means a person who is not an existing Client of the Company and whom the Referrer has referred through the Scheme to the Company

2. Period of Validity

2.1 This Scheme is valid from the start date to the end date specified in Table 1. Any referrals made after this date will not be eligible for a reward under this Scheme.

2.1.1 The Company, at its sole discretion, reserves the right to end the scheme anytime throughout the period of validity.

3. Eligibility Criteria

3.1 The Scheme is open and available to Referrers who meet the following criteria:

3.1.1 The Referrer must be a registered Client of the Company and successfully completed a bank statement review.

3.1.2 The Referee is not an existing registered Client or has never previously been a registered client of the Company.

3.1.3 The Referrer will not be eligible to receive the Referral Gift under this Scheme in the event that the Referee is already a Client registered in the database of the Company at the date of referral, or if the Company has already received the details of the Referee from independent sources but has not yet entered them on the Company database.

3.1.4 A Referee can only be referred to the Company once. In the event that a Referee is referred to the Company more than once, only the first Referrer to refer the Referee to the Company will be eligible for a Referral Gift under this Scheme.

3.1.5 The Referee must create an account, be approved for an advance and take an initial draw within one month of the scheme end date to enable eligibility for both the referrer and referee to receive their Referral Gift.

3.1.6 Permanent employees, contract and temporary workers working directly for the Company, associated entities and its subsidiaries are not eligible to participate in the Scheme.

3.2 The Referrer and Referee are only eligible for the referral gift via the unique referral link made available within the referrers account on the MyPayNow app. No other referral method will be accepted, and the referrer and referee will forfeit any referral gift for any other form of referral.

4. Referrer and Referee Responsibilities

4.1 The Referrer and Referee will indemnify the Company and its officers, directors and employees, affiliates, or any of them on demand against any and all loss, damage, claims, demands, actions, costs (including legal fees), charges, expenses and liabilities of whatsoever nature incurred by or awarded to the Company and/or its officers, directors and employees, affiliates, arising directly or indirectly out of Referee’s failure to be approved as a client of the company.

4.2 The Referrer and Referee agree that they will not make any representations, promises, warranties or other statements about the Company or the Company’s Website, products, services, or policies other than as disclosed by the Company on its website or otherwise such as through social media.

4.3 The Referrer and Referee are responsible for providing the full and accurate information requested by the Company in connection with the Scheme. Such information includes, but is not limited to, contact and employment details.

5. Terms for earning the Referral Gift under the Scheme

Subject to meeting the requirements of Clauses 2, 3 and 4:

5.1 The Referral Gift will be deposited into the Referrer and Referee’s existing bank account currently held by the Company upon the Referee’s successful initial wage advance from the Company

5.2 The Referral Gift detailed in this Scheme is a net payment. The Company is not responsible for any taxes, as required by law, arising from the provision of the referral gift(s).

5.3 The Referral Gift is a gift and will not be included in any amount owing by either the Referrer or the Referee to the Company or for the purposes of calculating a credit charge or any other charge.

5.4 In addition to the provisions at 4.3 above The Company relies entirely on the information supplied by the Referrer and the Referee as to their respective bank account details and is not responsible for a failure of the Referral Gift to appear in the subsequent accounts if such details were in any way inaccurate.

5.5 The company, in its absolute discretion, may cancel the Referral Gift payment without notice to you.

6. Governing Law and Jurisdiction

These Terms are governed by and construed in accordance with the laws of Queensland and any dispute arising from them shall be determined by the courts of that state.

7. Entire Agreement

These Terms represent the entire agreement between the Company, the Referrer and the Referee and no promise, statement, warranty, or claim made by the Company or any other person in relation to the Scheme shall be binding on the Company unless in writing executed by the Company.

8. Entering into this Agreement

These Terms are part of an offer by the Company and the Referrer accepts that offer and enters into the Agreement represented by these Terms upon making a referral to the Company according to the above terms and the Referee accepts that offer and enters into the Agreement represented by these Terms upon making an application to the Company.

Table 1

Name Start Date End Date Referrer Amount Referee Amount
Promo 1 5th May 2021 20th June 2021 $20 $20
Promo 2 25th May 2021 31st July 2021 $50 $50