The Agent hereby agrees to engage the Service Provider to provide the Customer with services (the “Services”) consisting of:
Who are we?
Payzin is a smart fintech platform that provides seamless Shopping and networking services to user’s like Agents, Customers.
We verify each and every member at the time of registration, as Agents. This ensures that the information that you see on our application about each member is authenticated to the best of Payzin’s capabilities. For the same, we collect Personal, Professional, Social and Financial details from each potential member. Agent needs to deposit money depending upon his / her capability and willingness, in lieu of which they will receive Products as agreed for marketing, access to the Application and his deposit will be entitled to be refunded after adjusting the dues if any. He will also be entitled for commission, incentive in lieu of bringing agents and marketing products as agreed.
Once Agent comes to a mutual agreement, Payzin will help them legalize the transaction by signing a formal contract. We make necessary provisions and help both parties realize the deal without the necessity of a physical meeting.
Payzin does not give any financial advice or recommendations to Agents on this platform. Members are encouraged to make their own researched and informed decisions and transact accordingly, free of any coercion or any form of influence from us.
Who are the Agents?
∙ Agents are the investors who invest in our business and earn the best in class returns of their investments.
How are our Agents onboard?
We have a simple 5 step process to onboard any investor as follows
Is my Money Safe with Payzin?
Yes, Your money is absolutely safe with Payzin & we guarantee you that your capital amount is assured by the company. In case of any mishaps your capital amount will be returned to you in within the process of 90 days. However we do not guarantee of monthly returns since it depends upon the business and performance by and of the Agents.
Why do you invest money in payzin?
As you know payzin is “peer to peer networking and shopping”. Hence this is our flagship feature for both customers and Agents” so here are some point which explains you to invest in Payzin,
- Generate an alternate source of monthly income –
Dedicated Wealth Manager
- Start investing as low as Rs. 10,000
- Machine Learning
-Based Credit Underwriting
- No Stock Market Volatility.
- No Market Volatility
- Transparent and Trustworthy
- Auto-Invest Feature.
- High Returns On Your Investment.
- An Indian Resident
. - At Least 18 Years Old.
- Valid Government Issued Identity Proof.
- Valid Indian Bank Account.
- Agree To Abide By Payzin Policies &Terms of Agreement
What are the fees charged from an agent?
Payzin earns only when you earn,
- Account Opening
- Free - Entry Fee
- Free - Loan / Invest
- Free - Processing Fee
We charge processing fee 10% every time you request for withdrawal of money for your wallets.
1.Our network has designed these plans keeping multiple things in mind and the foremost is each user’s monetary benefit as we believe in the Time is Money concept, so if Customer is spending their valuable time on our platform and helping our platform to grow and making it viral and advertised, he deserves the benefits too. But having said that you acknowledge that if you finish the given tasks within the daily time given to complete them and do not skip them or use any third party tricks to complete the tasks and help us grow by performing the given tasks on time honestly. If you fail to do so, the above mentioned amount is not at all guaranteed. Also you acknowledge that you might earn some extra bucks by our great referral module provided by our system.
2. The Services will also include any other tasks which the Parties may agree on. The Service Provider hereby agrees to provide such Services to the Customer
Terms of Agreement
This Agency Agreement is entered into as on ______________ by and between 7 Billion Networks, Indore having its principal place of business located at A/3 CHATURVEDI MANSION 1ST FLOOR OLD PALASIYA INDORE MADHYA PRADESH
7 Billion Network and [Agent’s Company] having its principal place of business / Residence located at [Client Address] (the “Agent”), both of whom agree to be bound by this Agreement.
WHEREAS, the Company offers customers certain products, as described on the document
WHEREAS, the Company and the Agent desire to enter into an agreement whereby the Agent will market and sell the Product according to the terms and conditions herein.
NOW, THEREFORE, in consideration of the mutual covenants and promises made by the parties hereto, the Company and the Agent (individually, each a “Party” and collectively, the “Parties”) covenant and agree as follows:
With certain limitations stated herein, the Company hereby authorizes the Agent the right to market and offer for sale the Products according to the terms and limitations stated in this Agency Agreement.
1. The Agent shall only market and offer for sale the products within the Territory, as defined in this Agreement.
2. The Company reserves the right to add to or subtract from the list of Products authorized hereto with notice to the Agent.
The Agent shall be authorized to market the Product in [Territory] (the “Territory”)
The Agent shall be the exclusive party authorized to market the Product within the Territory.
The Agent agrees and acknowledges the following with regard to the Company’s trademark:
a. The Company is the sole and exclusive owner to all right, title and interest in “[Sender. Trademark]” or to any other trademarks associated with the Company (the “Company Trademarks”) which the Agent may utilize in performing the services herein.
b. The Company hereby grants to the Agent for the duration of this Agreement and subject to the limitations stated within this Agreement a non-exclusive, non-transferable, revocable right to use the Company Trademarks as necessary to market and offer for sale the Products within the Territory.
In marketing and offering the Products for sale in the Territory, the Agent shall:
Act with diligence, devoting reasonable time and effort to fulfill the duties described herein;
∙ Maintain reasonable technical and practical knowledge with regard to the Products;
∙ Utilize promotional materials provided to the Agent by the Company for the purpose of marketing and selling the Products;
∙If requested by the Company, attend and participate in trade shows and conventions related to the Products;
∙ Promptly respond to all communications by customers and the Company regarding the∙ Products; Reasonably assist the Company with regard to any and all collection matters as∙ requested by the Company; and
∙ Prepare and maintain any reports and documentation, as requested by the Company.
The Company shall pay to the Agent [Percentage] of all Net Product Sales directly from the Agent’s efforts. “Net Product Sales” shall be defined as the amount of sales revenue from any sales made by the Agent less any charge backs, returns, or defaults by customers. And the Agent shall also be entitled for Incentive if he / she brings additional capable agent by their own efforts.
1. Should the Parties terminate this Agreement for any reason, the Company shall pay the Agent only for sales of the Products made prior to the termination date.
2. In the event that the Agent receives commission payments for orders that are subsequently refunded, charged back, or the Company otherwise fails to realize the income from such a sale, the Agent shall offset any future commissions paid by the amount by which the commissions actually paid would be reduced if the sales associated with income the Company failed to realize were never completed.
3. Payments shall be made to the Agent on or before [Time] for the [Period]
8. Term and Termination
1. This Agreement shall commence upon the date of execution and continue until either Party terminates this Agreement in writing.
2. Upon such termination, the Agent shall cease marketing and offering for sale the Products and shall continue to abide by the obligation refrain from sharing with any third party any of the Company’s confidential information.
The Agent agrees to indemnify, defend, and protect the Company from and against all law suits and costs of every kind pertaining to any violation of the law, this Agreement, or the rights of any third party by the Agent while acting pursuant to this Agreement. Such costs include but are not limited to reasonable legal fees
10. No Modification Unless in Writing
No modification of this Agreement shall be valid unless in writing and agreed upon by both Parties.
11. Applicable Law
This Agreement and the interpretation of its terms shall be governed by and construed in accordance with the laws of the State of Madhya Pradesh and subject to the exclusive jurisdiction of the federal and state courts located in India, Madhya Pradesh.
12. Portfolio Management
All Portfolios will be valid under below-mentioned conditions only:
No claims will be entertained after the expiry.
13. Payment outflow
The initial amount received by the agent from Payzin is the capital amount, your commission earning amount is paid once your capital amount is paid up.
IN WITNESS WHEREOF, by execution by the parties below, this Service-Level Agreement will form a part of the Contract.
7 Billion Network,