CBM Terms - Cashback
Cashback Marketing Terms
This website is a part of Perfect Internet Inc. DBA “UNICORN” (www.unicorn.network) and adheres to the following terms and conditions.
- i. Marketing Unit: Cashback Marketing offers Marketing Tools to assist business owners and independent marketers with their business promotions. These Marketing Tools are purchased through a standard unit called "Marketing Unit." Marketing Units must be purchased in order for MEMBER to promote any business through Cashback Marketing or receive any cashback from Cashback Marketing. MARKETING UNITS MAY ONLY BE TRANSFERED FROM THE GLOBAL MARKETING POOLS TO THE PERSONAL MARKETING POOL ONE TIME. MARKETING UNITS CANNOT BE TRANSFERED FROM THE PERSONAL MARKETING POOL TO EITHER OF THE GLOBAL MARKETING POOLS.
ii. Park, Parking, Parked: "Park" or "Parking" or "Parked" refers to the action of Marketing Units being placed in the Global Marketing Pool or Personal Marketing Pool.
- iii. Global Marketing Pool: Cashback Marketing offers a global pool where MEMBER can park Marketing Units to collect daily cashback as available. As of September 1, 2016, there will a second Global Marketing Pool added known as the "Current Global Marketing Pool" or "Current GMP" and the original Global Marketing Pool will be known as the "Closed Global Marketing Pool" or "Closed GMP". Separate cashback rules will apply; see full Cashback Marketing terms for details.
- iv. Personal Marketing Pool: Cashback Marketing offers a personal pool where MEMBER can park Marketing Units. Marketing Units in the Personal Marketing Pool can be used to purchase Marketing Instruments to promote their business, products, or services.
- v. Marketing Instrument: Cashback Marketing offers a variety of Marketing Tools or so called "Marketing Instruments" such as articles, banner ads, event promotions, deals, and more.
- vi. Cashback: Cashback Marketing offers a daily reward to their advertising customers in the form of a percentage of the purchase price of Marketing Units, so long as the Marketing Units are parked in a Global Marketing Pool. Cashback for units in Closed GMP can range from 0-1% daily with 1% being the daily maximum limit.. For Marketing Units parked in the Current GMP, cashback is guaranteed for up to three-hundred sixty-five (365) consecutive days with a maximum value of 50% of the total Marketing Unit value granted as cashback. CASHBACK IS NOT AN INVESTMENT OR FINANCIAL PRODUCT OF ANY KIND. There are no guarantees of cashback each day for units in the closed GMP and these terms can change at any time without notice. See full Cashback Marketing terms for details.
(b) CBM Cashback Terms: Cashback Marketing ("CBM") offers its customers the opportunity to collect "cashback" on their unused marketing budget in Cashback Marketing. Marketing budget is purchased in blocks called "Marketing Units" and CBM offers MEMBER several options to market their business through Cashback Marketing (see Marketing Terms for specifics).
As of September 1, 2016, the Global Marketing Pool, which was in operation from pre-launch until August 31, 2016 will be closed and a new Global Marketing Pool will begin henceforth known in these terms as the "Current Global Marketing Pool" ("Current GMP"), and the original Global Marketing Pool will be known as the "Closed Global Marketing Pool" ("Closed GMP"). There will be separate cashback rules for unused Marketing Units parked in each of the Global Marketing Pools. Marketing Units cannot be moved between the Current GMP and the Closed GMP or vice versa. Once a Marketing Unit is moved to the Personal Marketing Pool, it no longer qualifies to collect cashback and it cannot be moved back into any GMP.
i. Closed Global Marketing Pool Cashback Terms: For all customers who park their Marketing Units in the Current Global Marketing Pool when not in use, those parked Marketing Units in the Current Global Marketing Pool collect up to 0.13% cashback daily guaranteed for up to 365 days with a customer bonus of 2.55% cashback being granted after the 365 day in the Current GMP. Cashback on each Marketing Unit within the Current Global Marketing Pool begins the following day after Marketing Units are purchased and payment is confirmed received and processed by CBM based on local company time USA PST/PDT. Cashback continues for a maximum of 365 consecutive days while the Marketing Unit is parked in the Current Global Marketing Pool. After 365 days in the Current Global Marketing Pool, the unused Marketing Unit is automatically transferred to MEMBER'S Personal Marketing Pool. MARKETING UNITS MAY ONLY BE TRANSFERED FROM THE CURRENT GLOBAL MARKETING POOL TO THE PERSONAL MARKETING POOL ONE TIME. MARKETING UNITS CANNOT BE TRANSFERED FROM THE PERSONAL MARKETING POOL TO THE CURRENT GLOBAL MARKETING POOL
ii. Current Global Marketing Pool Cashback Terms: For all customers who park their Marketing Units in the Current Global Marketing Pool when not in use, those parked Marketing Units in the Current Global Marketing Pool collect up to 0.13% cashback daily guaranteed for up to 365 days with a customer bonus of 2.55% cashback being granted after the 365 day in the Current GMP. Cashback on each Marketing Unit within the Current Global Marketing Pool begins the following day after Marketing Units are purchased and payment is confirmed received and processed by CBM based on local company time USA PST/PDT. Cashback continues for a maximum of 365 consecutive days while the Marketing Unit is parked in the Current Global Marketing Pool. After 365 days in the Current Global Marketing Pool, the unused Marketing Unit is automatically transferred to MEMBER'S Personal Marketing Pool. . MARKETING UNITS MAY ONLY BE TRANSFERED FROM THE CURRENT GLOBAL MARKETING POOL TO THE PERSONAL MARKETING POOL ONE TIME. MARKETING UNITS CANNOT BE TRANSFERED FROM THE PERSONAL MARKETING POOL TO THE CURRENT GLOBAL MARKETING POOL.
iii. Ordering Marketing Units: IF MEMBER ORDERS MARKETING UNITS AND DOES NOT COMPLETE PAYMENT WITHIN 1 WEEKS (7 CALENDAR DAYS) OF THE DATE OF THE ORDER AND NO COMMUNICATION FROM MEMBER HAS BEEN RECEIVED AND ACKNOWLEDGED AND AGREED TO BY CASHBACK MARKETING, MEMBER WILL HAVE A US$25.00 LATE FEE CHARGED FOR EACH UNPAID ORDER. IF LATE FEE IS CHARGED, THEN MEMBER’S ACCOUNT WILL BE LOCKED, ANY PAID MARKETING UNITS AT THE TIME, WHICH ARE PARKED IN THE APPLICABLE GLOBAL MARKETING POOL, WILL BE TEMPORARILY MOVED TO MEMBER’S PERSONAL MARKETING POOL. MEMBER CAN UNLOCK THEIR ACCOUNT AT ANY TIME AND RESUME ACTIVE MEMBERSHIP BY PAYING THE NEGATIVE BALANCE ON THEIR ACCOUNT INCLUDING ANY FEES.
CASHBACK AMOUNT IS NOT RELATED TO ANY BUSINESS ACTIVITY; IT IS PART OF CASHBACK MARKETING`S OWN MARKETING STRATEGY. ANY DECISION ABOUT THE AMOUNT AND INTERVAL OF ANY CASHBACK IS AT THE SOLE DISCRETION OF CASHBACK MARKETING. DAILY CASHBACK IS NOT GUARANTEED EXCEPT AS STATED IN THESE TERMS AND MAY CHANGE AT ANY TIME WITHOUT NOTICE. IF MARKETING UNITS ARE TRANSFERED OUT OF EITHER OF THE GLOBAL MARKETING POOLS, THEY DO NOT QUALIFY FOR CASHBACK. CASHBACK ONLY APPLIES TO UNITS PARKED IN THE CURRENT GLOBAL MARKETING POOL OR CLOSED GLOBAL MARKETING POOL.
(c) Cashout Terms: Cash earned through commissions, Family Bonuses, or collected from cashback is available for MEMBER to withdraw from their account per the following terms. Basic Members are not able to cashout any rewards or bonuses in cash. ALL MEMBERS WHO PURCHASE MARKETING UNITS AND PARK THEM INTO THE GLOBAL MARKETING POOL TO COLLECT CASHBACK MUST BECOME AN AFFILIATE BEFORE ANY CASH IS WITHDRAWN FROM THEIR ACCOUNT (SEE AFFILIATE SECTION FOR DETAILS). Members who only use cashback to purchase additional Marketing Units from Cashback Marketing do not need to become an Affiliate.. Cashout requests may start in CBM and then conclude in MEMBER'S We Share Success back office where they set up and finalize their cashout requests (www.wesharesuccess.com) or member may login directly at WSS and cashout their available balances
i. First time Withdrawal: Cashback Marketing provides multiple options to cashout MEMBER'S available balance.
A. Cashout through Payoneer: Once you have collected more than US$50 on your account, you will need to either apply for our Company Payoneer Card or choose the Payoneer bank wire transfer option in order to receive payments. See the CBM FAQ after login for assistance in setting up your payment account. MEMBER may only have one (1) Payoneer account, therefore if MEMBER already has an existing Payoneer account, during the payout method set up process, MEMBER will be asked to link their current Payoneer account. Be aware that not all Payoneer accounts fall under equal terms; UNICORN has negotiated the best terms for its members with low fees. MEMBER is advised if they do not already have a Payoneer account to sign up through the official first time withdrawal process to have the best terms for their Payoneer account.
Payoneer payment option cannot be changed through WSS once chosen. MEMBER may have options through Payoneer directly to transfer funds loaded through the PI Debit Card direct to their bank account. Additional terms apply; see terms in MEMBER'S Payoneer account for complete details.
B. Cashout through 2Pay4You:
Cashouts are no longer available through 2Pay4You ("2P4Y"); MEMBER is advised to use Payoneer following the section above to complete their cashout.
Be aware that not all 2P4Y accounts fall under equal terms; UNICORN may from time to time renegotiate to secure the best terms for its members with lowest fees possible. MEMBER is advised if they do not already have a 2P4Y account to sign up through this link (https://www.2pay4you.com/cbm_register) to have the best terms for their 2P4Y account. Should MEMBER decide to purchase a branded UNICORN 2P4Y debit card with additional savings and benefits, MEMBER is advised to wait until the official version is released and MEMBER will be responsible for any and all fees associated with this card. More details about this partnership and all related benefits will be released at a later time.
Some Jurisdictions might request additional forms (like tax forms) to be filed before the first payout. Additional terms may apply depending on the payment option chosen. If you have any specific challenge with your payment option, contact our Support Team for assistance.
ii) Subsequent Withdrawals: Once payment method is established, whenever MEMBER`S account balance meets or exceeds US$50, MEMBER is eligible to withdraw their available funds via their chosen payment method.
iii) Existing Payoneer Linked Accounts: For members who have already set up a Payoneer account and connected it with UNICORN, Payoneer is available to use for cashout cashout through We Share Success. Payoneer may have limits to the number of times or daily maximum amounts for card loads or wire transfers, see Payoneer FAQ for more information.
iv) Cashout Request Processing Time: All cashout requests received before Fridays weekly at 12pm USA PDT/PST (Company Time) will be processed the following week with an anticipated payout date of the following Friday provided there are no U.S. holidays occurring that week. Please allow additional time for payment processing during U.S. holidays. MEMBER may only have one (1) pending cashout request at any given time. Additional bank processing time may also apply depending on cashout method chosen and MEMBER'S location.
(d) Disclaimer: THESE TERMS MAY CHANGE AT ANYTIME WITHOUT NOTICE. CASHBACK MARKETING RESERVES THE RIGHT TO CLOSE CASHBACK MARKETING TO NEW MEMBERS AT ANY TIME. CASHBACK MARKETING RESERVES THE RIGHT TO LIMIT THE NUMBER OF MARKETING UNITS AVAILABLE FOR SALE AND/OR CLOSE THE SALE OF MARKETING UNITS AT ANY TIME WITHOUT PRIOR NOTICE. CASHBACK MARKETING RESERVES THE RIGHT TO LIMIT THE NUMBER OF MARKETING UNITS IN THE GLOBAL MARKETING POOL AT ANY TIME WITHOUT NOTICE.
Cashback Marketing reserves the right to amend or update these official terms at any time. Notice of changes to these terms will be prominently displayed across UNICORN websites after MEMBER login and your continued use of the Cashback Marketing website represents your agreement to the updated terms. All rights reserved.
Additional Terms for Cashback Marketing last updated September 8, 2016