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Clients will be eligible for a referral reward for any new business they refer to SpotOn Transact LLC (“SpotOn”) by filling out the referral form on their dashboard which should include the referred business name, contact name, email address, and phone number. Clients will also be eligible to receive a referral reward for any new business that uses their dedicated referral link.
Referral Bonus Payout Terms and Definitions
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Clients who refer a new retail POS business to SpotOn Transact LLC (“SpotOn”) will be rewarded $50 USD if the referred business activates within 12 months of the referral.
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*Retail POS Activation: When a referred retail business reaches $1000 in processing.
*Restaurant POS Activation: When a referred restaurant business reaches $10,000 in processing
Ineligibility
Referrals will be ineligible and declined when:
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Referrals not submitted through the SpotOn Dashboard or through a Clients dedicated shareable link will be declined, and Clients will not receive rewards.
The signed application date cannot be before the referral entry date.
SpotOn has sole discretion to decline referrals that are already existing SpotOn customer opportunities or relationships, or previously contacted directly or indirectly (i.e. through referral partners such as our Ally Program). Such referrals are not eligible for rewards.
SpotOn has sole discretion to decline referrals that are businesses SpotOn does not reasonably desire to do business with (i.e. businesses not in compliance with applicable laws or do not align with SpotOn ethics policies).
Rebooks, including COO (Change of Ownership), COB (Change of Business), and name changes, are not eligible for referrals.
Example: A client refers a location that was previously a SpotOn client that is being sold to a new owner or changing the business name and setting up a new account under the same business entity.
Client accounts must be in good standing with no past-due balances to be eligible for a referral bonus payment.
Referring Clients who are inactive and have not processed over $100 USD during the past 6 months are ineligible for a referral bonus, however once Clients process over $100 USD they may be rewarded their referral bonus.
If a referred business cancels prior to the referred business’ activation, no reward will be given.
If there is a referral promotion or special offer, the referral must be submitted before the *pre-established date (based on promotion duration) to qualify.
Requests for higher bonus payouts will not be fulfilled in the case where a Client makes a referral, and the referred business signs up for a lesser product and then months later upgrades to a product with a higher bonus payout.
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