ALPHA Program User Agreement: Effective Date 16-03-2021
The following terms and conditions (“terms”) constitute the agreement between Alpha Rewards (Aust) Pty. Ltd. a company incorporated in Australia or its assigns ("Us, We, Our, User ") and You ("You, Your, User").
Your use of the Alpha Program (“Program”) constitutes Your agreement to abide by these Terms. You warrant that the particulars posted on the Alpha Program Registration Form, Alpha ePay Application and Alpha eMarket Profile Form once completed by You are true and complete.
2. NATURE OF PARTIES
a. We operate the Program in Australia.
b. The Program consists of Business Operators and Individuals ("Users”) who have joined together in order to facilitate transactions among themselves according to a uniform method of conducting business that is regulated by Our marketing, record keeping and administrative services (“services”).
c. The Program means collectively the Users, the Alpha eMarket and Alpha ePay platforms, the Alpha dollar digital currency, and the terms, codes of conduct, directives and procedures, which regulate the economic activities between members.
d. You desire to subscribe to Our services.
3. OUR FUNCTION
We provide services to Our Users. The initiative for using Our services, in order to derive economic benefit, therefrom, is exclusively that of the User. The responsibility for using the Program in a profitable manner is exclusively that of participating Users. We will use Our best efforts to administer these terms and ensure the smooth operation of the platforms. However, You acknowledge that the sole principals in any transaction are the Users involved, that transactions are entered into voluntarily, and that We are not the guarantor of any transaction or ALPHA dollar.
You must be eighteen years or over to register as a User of the Program. By using the Program, You represent and warrant that You have the right, authority, and capacity to enter into this Agreement and to abide by all of its terms and conditions.
Your account may not be assigned, transferred, or sold without Our prior written consent and are binding upon Your heirs, successors, assignees, and/or the administrators of Your estate.
6. USERNAME AND PASSWORDS
You are responsible for all actions taken with Your usernames and passwords. We do not recommend that You disclose Your password to any third parties. If You lose control of Your password, You may lose substantial control over Your personal information and You may be subject to legally binding actions taken on Your behalf. Therefore, if Your password has been compromised for any reason, You should immediately email Us at firstname.lastname@example.org.
7. NATURE OF A TRANSACTION
A transaction means a payment of a debt and/or a sale and purchase of commodities where;
a) payment was accepted by the seller in fiat and the buyer received from the seller Alpha dollars as a reward,
b) payment was accepted by the seller in Alpha dollars or on a part fiat, part Alpha dollars from the buyers Alpha ePay Cash, Gold, Silver or Reward Accounts
8. ALPHA DOLLARS
8.1 Nature of Alpha dollars
Alpha dollars, a generic term for Alpha gold, silver and reward dollars and cents are an accounting unit used to record the arbitrary value of transactions. One Alpha dollar is comparable in value to one fiat dollar. The purchasing power of Alpha dollars, like fiat dollars, may be influenced by the twin factors of supply and demand.Ownership of Alpha dollars denotes the right to receive commodities available on the Alpha eMarket and or from other parties who are willing to accept payment in same so long as they register and subscribe to the terms and conditions of the Alpha Program User Agreement. Alpha dollars may be used only in the manner and for the purpose set forth in these terms. Alpha dollars will not be considered legal tender, securities, or commodities except as provided in these terms. Alpha dollars may not be redeemed for fiat, except as provided in these terms. We disclaim any responsibility for the negotiability of Alpha dollars or for the availability of any particular commodity from any source.
8.2. Regulation of Alpha dollars
You acknowledge and grant Us and Our officers the right and power to regulate and control the number of Alpha dollars in circulation.
8.3. Alpha dollars Credit Lines and Loans
We have the complete right and power to extend Alpha dollars credit lines and loans (“Alpha dollar credit”) to any user on terms and conditions consistent with the User’s creditworthiness, the security provided and ability to repay. The exercise of this power shall be at Our sole discretion with regard to principal, interest, terms and conditions, lending policy, the decision to lend or not to lend and other particulars. If You wish to apply for Alpha dollar credit You are required to submit an Alpha dollar credit application,(“credit application”) and collateral as required prior to approval. We will use Our best efforts to ensure reasonable repayments of the principal, appropriate collateralisation, and perfection of a security interest in Alpha dollar credit both for the protection of the Program, Uses and Us.You acknowledge that in consideration for Alpha dollar credit management services provided by Us, all interests, fees, charges, and any other proceeds from such Alpha dollar credit extension is the sole and exclusive property of Us. Alpha dollar credit may only be used for the purpose stated on the Alpha Credit Application Form (“credit application”). Failure to use the Alpha dollar credit requested (“credit amount”) for the purpose stated on the credit application may result in the Alpha dollar credit amount being reversed by Us. If We allow one or more of Your account/s go into an un-approved negative balance You have twenty four (24) hours to put that account/s back into positive balance or owe Us one dollar fiat for every Alpha dollar the account is in negative.
8.4. Liability for Alpha dollars
You acknowledge that Alpha dollar negative balances are the liabilities of Users who have spent more than their earnings; that there is a creditor/debtor relationship between Users with positive and negative Alpha dollar account balances, and transactions incur the normal risks associated with any credit transaction. As a general rule, Users with negative balances collectively owe Users with positive balances, and not Us, and We are solely liable for Our own indebtedness.We are authorised to establish bad debt accounts and any positive Alpha dollar and cash balances abandoned or surrendered by former Users in accordance with the terms or balances may be paid into the bad debt fund account/s.
8.5. Security Interest
You grant Us a security interest in all Alpha cash dollars and Alpha dollars credited and/or to be credited to Your accounts for all unpaid fees. In the event of Your insolvency or bankruptcy, all fees shall be due and payable in full. Should a petition under the bankruptcy code be filed by or against You, or should the plan filed pursuant to all bankruptcy acts not provide for the full payment of all fees due to Us, We shall have the option in lieu of filing as a creditor, of deducting the fees from from Your Alpha ePay Cash Account and failing that from Your Alpha dollar accounts on a ten (10) to one (1) ratio for fees owing and for failure to pay such fees, and terminating the account; provided, however, that at such a time as We do receive all of Our fees paid in full, and in the event of a discharge pursuant to the bankruptcy, notice is received by Us from the trustees that the Alpha cash dollars and/or Alpha dollars have been abandoned, We shall re-credit the Alpha dollar and Alpha cash dollar balances to Your accounts.
8.6. Alpha dollar Rewards
You may receive registration, referral, purchase and transaction rewards as outlined in this agreement.You understand and agree that reward amounts and percentages may change from time to time due to a restructuring of policies and/or market forces.
8.7. BAD DEBT RESERVE FUND ACCOUNT/S
You acknowledge that We will create Program Bad Debt Reserve Fund Account/s (“bad debt fund accounts”) in Alpha ePay. The bad debt accounts will be used to store any abandoned Alpha dollar and Alpha cash dollar positive balances which will be used to help offset against any Alpha dollar bad debts.
9. AVAILABILITY OF COMMODITIES
We shall use our best efforts to solicit new members offering commodities to satisfy Your needs. We are not responsible if You cannot find specific commodities to buy from other Users, or other Users interested in buying commodities from You.
Personal Account Set Up Fee: Nil
Personal Account Monthly Fee: Nil
Personal Account Yearly Fee: Nil
Commercial Account Set Up Fee: $1,200.00 payable in fiat, Alpha gold dollars or acceptable trade credits, cryptocurrency or commodities.
Commercial Account Monthly Fee: NIL
Commercial Account Yearly Fee: NIL
10.2. Transaction Fees
Transaction fees are payable by those with personal and commercial accounts under the transaction fee structures which were created to reward those Users who assist in the growth of the Program’s User base and pay Their transaction fees in a timely manner. There are two types of transaction fee structures, the early bird transaction fee structure and the standard transaction fee structure (“transaction fee”) as per clause 10.2 and 10.3. Both types of transaction fees in the structures are payable on the total sales amount.
The early bird transaction fee is automatically deducted from Your Alpha ePay Cash Account at the time the sale is made. Failing that You must pay the transaction fee within 24 hours of the sale or the standard transaction fee will come into force and effect.
10.2. Transaction Fee Structure Pre 01/10/2021
You understand that Users who join the Program before 01/10/2021 pay no transaction fees on sales to Their personal referrals, only transaction fees on sales to non-referred Users as per the Pre 01/10/2021 Transaction Fee Structure displayed below.
If the transaction fee is paid within 24 hours from the time of the sales the following early bird transaction fee structure comes into force and effect.
If the transaction fee is paid after 24 hours from the time of the sale the following standard transaction fee structure comes into force and effect.
10.3. Transaction Fee Structure Post 01/10/21
You understand that Users who join the Program after the 01/10/2021 are not charged a Transaction fee on sales to Their personal referrals, only transaction fees on sales to non-referred Users as per the Post 01/10/2021 Transaction Fee Structure displayed below.
If the transaction fee is paid within 24 hours from the time of the sale the following early bird transaction fee structure comes into force and effect.
If the transaction fee is paid after 24 hours from the time of the sale the following standard transaction fee structure comes into force and effect.
10.4 Marketing Levy
Users with commercial accounts are charged a marketing levy (“levy”) of five (5) per cent payable in Alpha silver dollars on sales made to Users personal referrals.The levy is deducted from Your Alpha ePay Silver Account at the time the sale is made and is used to offset the costs of the registration and referral rewards paid to Users for their assistance in growing the Programs User base thereby creating greater opportunities for referring Users to achieve economic benefits.
10.5. Fee Payment
All fees, levies and charges are in payment for services rendered in maintaining and developing the platforms, processing Your registration in the Program, opening Alpha Program Personal and Commercial Accounts, administering these terms, establishing and maintaining records, and facilitating Your use of the Program. In the event that You are in arrears for any fees, You agree to waive all rights to Your usage of any positive balances in any of Your accounts, and You grant Us the right to hold any such balances so long as any fees and charges remain outstanding. It is understood and agreed to by the parties that all fees and charges payable by You, under these Terms will be paid to Us.
11. REVERSING TRANSACTIONS
If You wish to reverse a transaction You must do so within fourteen (14) days of the transaction being posted. If a transaction is reversed the transaction fee charged to the User will also be reversed. If the transaction is not reversed within fourteen (14) days the transaction fee charged to the User cannot be reversed
12. ONLINE PROCEDURE
To gain access to the Alpha eMarket and Alpha ePay You must login using Your Username and Password. You agree to ensure that Your Passwords must remain in Your personal control and will only be used by You for personal use.
13. COMPLAINT PROCEDURE
You are solely responsible for Your use of the platforms. We reserve the right, but not the obligation to monitor disputes between You and third parties that use the platforms. To resolve a dispute You agree to contact Us at email@example.com.
14. ONLINE CONTENT
You agree that all information posted or transmitted on the platforms by You and third parties belongs to the respective authors. We do not guarantee or endorse the accuracy or content of any information posted or transmitted on the platforms, nor do We accept responsibility for content or information posted or transmitted on the platforms or any resulting loss or injury whatsoever nature or kind resulting from Your reliance on such content or information posted or transmitted by a third party.
15. ONLINE CONDUCT
You agree not to post or transmit anything which is or may be deemed to be offensive, unlawful, defamatory, libellous, threatening, obscene, or which could cause Us to be in violation of any applicable law, ordinance, statute or regulation.
16. RECORDKEEPING AND ERRORS
We have the right to refuse to honour any transaction due to any non-compliance with any of the terms. All transactions are subject to an audit and verification by Us and in the case of any inaccuracies or non-compliance with these terms, We may debit or credit Your accounts without notice, as a result of such an error. We will make records available to You in the logged area of Alpha ePay reflecting account activity and fees due and owing to Us. Accounts are deemed accurate unless You notify Us by email within fourteen (14) days of the transaction date.
You are solely responsible for the payment of any taxes, interest or penalties deemed payable as a result of Your use (or promotion) of the Program by the applicable law of the jurisdiction in which You reside, and You shall not hold Us responsible for any such liabilities.
Transaction disputes are only between Users and shall be settled by the Users themselves. However, WE reserves the right to act as an arbitrator to attempt to settle disputes when the WE deems it is in the best interest of the Program at large to act in such a capacity.We are not responsible for the use of Your Alpha Program Accounts by unauthorized persons nor for transactions that do not comply with these terms. Controversy arising out of, or relating to, a transaction dispute between Users will be finally settled in any Court having jurisdiction. We do not control the information provided by other Users that are made available through the platforms. You may find other User's information to be offensive, harmful, inaccurate, or deceptive. Please use caution, common sense, and safety when using Our platforms. You are solely responsible for your interactions with other Users. Because We are not involved in User interactions, in the event that You have a dispute with one or more Users or those who have posted, viewed, or used information on the platforms, You release Us including Our officers, directors, licensees, agents, subsidiaries and employees, from claims, demands and damages (actual and consequential) of every kind and nature, known and unknown, suspected and unsuspected, disclosed and undisclosed, arising out of or in any way connected with such disputes.
19. ACKNOWLEDGEMENT AND WARRANTY
You acknowledge that You have read the currently effective terms, that such terms are made a part of this agreement with Us, and that these terms may be changed by Us from time to time in accordance with the provisions of these terms. You warrant that You have provided all information to Us in good faith and that such information is accurate to Your best knowledge.
21. APPLICABLE LAW
You will abide by applicable Federal, State/Territory or Local laws or regulations applicable to Your residence or place of conducting business. We shall not be responsible for any failure on the part of You to comply. You agree not to hold Us liable for any action that We take to comply with applicable laws or regulations.
22. ACCOUNTS SUSPENSION
If You violate any of these terms We may immediately terminate Your accounts in accordance with these terms or may freeze all activity in Your accounts without notice, until such time as We, in Our sole discretion, reinstate You or decide to terminate Your accounts. You acknowledge that Our decision to freeze and/or terminate Your accounts shall be final and conclusive, and is at Our discretion.
As required from time to time You may require to purchase promotional materials from Us in order to promote participation in the Program to family, friends and others ("Materials"). In order to maintain uniformity of operation, and the integrity of the business You will purchase materials only from Us or Our nominated supplier and shall distribute only materials produced for and on behalf of Us.
24. COMMITMENTS AND REPRESENTATIONS
You acknowledge that we have appointed Licensees, and other parties to promote the platforms. We are only responsible for commitments and representations made in writing by one of Our authorized officers. No other party is authorized to bind Us to any obligation or representation whatsoever nature or kind. All information and materials provided by Us are presumed to be accurate, however, We make no warranty of the accuracy thereof; and shall not be liable for any error or omission therein.
25. HOLD HARMLESS
You agree that We are a service organization whose sole purpose is its marketing, recordkeeping, and administrative services. You agree to hold Us harmless for the failure of other Users to abide by their agreements with Us.
26. DISCLAIMER OF WARRANTY
You acknowledge that services provided on the platforms by Us are on an "as is" basis, and you have not relied upon any representation made by Us and We make no warranty or representation as to:
(i) the service or network being uninterrupted, timely or error-free;
(ii) that any fault or defect will be corrected immediately;
(iii) the results that may be obtained through participation in the Program;
(iv) the compatibility with Your computer equipment;
(vi) the accuracy, reliability or otherwise of any information obtained through participation in the Program;
(vii) the financial or other rewards which may be obtained through Program participation;
(viii) the commodities purchased or obtained through the Program, including commodities offered by third parties, except where expressly indicated.
27. BREACH OF AGREEMENT
We shall not be liable in any manner whatsoever nature or kind to You and/or any other party for the failure of others to comply with these Terms.
28.1. Either party may terminate this agreement upon ten days written notice to the other party providing Your accounts are not in negative and all fees due to Us are paid.
28.2. We reserve the right to terminate Your use of the Program without notice if You are in breach of these terms, or for acts not seen to be in the interest of the Program but undefined in these terms. Immediately upon termination, all fees outstanding become due and payable.
(a) If You have a negative Alpha ePay Account balance (e.g. purchases exceed sales), You shall bring that account/s back to zero within thirty days of the termination date and, after the thirty day period, immediately pay Us any remaining negative Alpha ePay Account balances in fiat; or,
(b) If You have positive Alpha ePay account balances (e.g. sales exceed purchases), Your account/s may stay active for 120 days and You must spend the positive balance/s in that time frame or such positive balance will be transferred by Us into the bad debt fund accounts. All obligations in connection with Alpha dollars credit that are currently in force shall survive any such termination. There shall be no refund of any fees if Your account/s are terminated.
Every term contained herein is severable from every other term herein. If any such term should be judged unenforceable, it shall not affect the enforceability of the remainder of any other term or provisions of the agreement.
30. JOINT AND SEVERAL LIABILITY
Upon Your acceptance of these terms, registration into the Program and the opening of an Alpha Personal and/or Commercial Account in Your name, or the name of a Partnership, Company, Corporation, Trust, Association or Foundation "entity" by Us, You and the entity that You are authorised to represent hereby assume joint and several responsibility for all transfers, purchases and fees as outlined in these terms, and if You are representing an entity, You agree to guarantee and be personally liable for full performance by said entity of these terms.
31. NO WAIVER OF RIGHT
Our failure or delay in exercising any right shall not operate as a waiver thereof, and any single or partial exercise of a right shall not preclude any other or further exercise of any right. Our remedies are cumulative and are not exclusive of any remedies provided by law.
32. STATEMENT OF CONDITION
We may make available to Users in good standing on a periodic "unaudited" basis, a report on the status of the Program which sets forth totals of the negative and positive User balances, reserves, inventories and other assets and liabilities of the Program.
In the event that We cease to do business, all Users with negative Alpha dollar account balances shall offer commodities to purchase to those who have positive Alpha dollar account balances to an amount equal to their Alpha dollar indebtedness less the value of all royalty units they hold at the price paid for same at their time of purchase. After a period of one hundred and twenty (120) days all those Users who still hold negative Alpha dollar account balances must pay Us one fiat dollar for each Alpha dollar owed.
The parties agree that this agreement shall be governed by the laws of Queensland, Australia and any action or legal process shall be executed only in the appropriate court in Queensland. All negotiations shall be deemed to have taken place in, or under the jurisdiction of Queensland and nowhere else.
Any reference in this agreement to a gender includes all genders, and the singular includes the plural and visa versa.
The parties agree that all notices shall be transmitted by email to the address provided by You in the Alpha ePay application form and in the case of Us to firstname.lastname@example.org. Notices shall be deemed given 24 hours after the email sent.
We may, in Our sole discretion, modify, amend, or change (“amendment”) these terms from time to time. Any amendment will be posted on the login page of Alpha ePay and the Alpha eMarket. Any transaction by You after You have logged into Alpha ePay or the ALPHA eMarket or after a period of fourteen (14) days of the amendment shall constitute Your acceptance of the new terms.
38. VIOLATION OF TERMS
We have the right but not the obligation to enquire into complaints of Term violations. You grant Us the right to take any action which in Our opinion, is deemed necessary to ensure the Terms are observed. Violation of the Terms may result in termination of the accounts.
39. PROPRIETARY RIGHTS
We retain the proprietary rights in the platforms and for the service. The platforms contain the copyrighted material, trademarks, and other proprietary information of Ours, and Our licensors. Except for that information that is in the public domain or for which you have been given permission, you may not copy, modify, publish, transmit, distribute, perform, display, or sell any such proprietary information.
40. COPYRIGHT POLICY
You may not post, distribute, or reproduce in any way any copyrighted material, trademarks, or other proprietary information without obtaining the prior written consent of the owner of such proprietary rights or otherwise have a valid basis under the law, including "fair use". Without limiting the foregoing, if You believe that Your work has been copied and posted on the platform/s in a way that constitutes copyright infringement, please provide Us with the following information, a description of the copyrighted work that You claim has been infringed; a description of where the material that You claim is infringing is located on the Our platforms including the URLs of web pages and/or hyperlinks; your address, telephone number, and email address; a written statement by You that you have a good faith belief that the disputed use is not authorized by the copyright owner, its agent, or the law; a statement by You, made under penalty of perjury, that the above information in Your notice is accurate and that You are the copyright owner or authorised to act on the copyright owner's behalf.
If any provision of this agreement is held by a court to be unlawful or unenforceable then the remaining provision shall not be affected.
You agree not to indulge in mass unsolicited emailing ie. spamming
43. ENTIRE AGREEMENT
You agree and acknowledge that the terms represent the understanding of the parties and that You have not entered into this agreement in reliance on any representation, warranty or promise by Us or any of Our authorized representatives otherwise disclosed herein.
Abandon Accounts means an account that has not been logged into for a period of twelve (12) months. Positive balances in these types of accounts will be transferred into the appropriate bad debt account.
Alpha Program Account/s means an Alpha Program Personal Account and/or Alpha Program Commercial Account (“account”).
Alpha Program Personal Account means an Alpha ePay Personal Account and an Alpha eMarket Personal Account (“personal account”).
Alpha Program Commercial Account means an Alpha ePay Commercial Account and an Alpha eMarket Commercial Account (“commercial account”).
Alpha ePay means the platform that enables Users to record and track transactions between each other.
Alpha eMarket means the platform that enables Users to create and search listings.
Alpha cash dollar means the unit of account used to record transactions where fiat is required as payment. An Alpha cash dollar is a credit that is purchased with fiat on a one Alpha cash dollar for one fiat dollar basis as per the terms and conditions laid down herein. Alpha cash dollars are used to pay transaction fees, Alpha Associate and Royalty licensee fees and Alpha Royalty License and Associate licence commissions and returns. Alpha cash dollars may be exchanged for fiat and transferred into Users Fiat Bank Account. The symbol for an Alpha cash dollars is c$.
Alpha gold dollar means the unit of account used to record transactions between those who hold Alpha ePay Gold Accounts. The symbol for an Alpha gold dollar is g$.
Alpha silver dollar means the unit of account used to record transactions between those who hold Silver Accounts. The symbol for Alpha silver dollars is s$.
Alpha reward dollar means the unit of account used by businesses to pay Users rewards for fiat purchases. The symbol for an Alpha reward dollar is r$.
Alpha Program User Agreement means the agreement that sets forth the terms and conditions on how Users use Alpha Program Accounts (“agreement”).
Alpha ePay Account means an Alpha ePay Personal and/or Alpha ePay Commercial Account.
Alpha eMarket Account means an Alpha eMarket Personal Account and/or an Alpha eMarket Commercial Account.
Alpha ePay Cash Account means the account in Alpha ePay that records and displays Your Alpha cash dollar deposits and withdrawals. This account is used to pay transaction fees, receive Alpha cash dollar transaction fee rewards, pay and receive royalty licensee and associate licensee Alpha cash dollar payments.
Alpha ePay Silver Account means the account used by Users to pay and receive Alpha silver dollars. Users may transfer Alpha silver dollars from their Alpha ePay Silver Account to their Alpha ePay Gold Account at the exchange rate of the day.
Alpha ePay Gold Account means the account used by Users to pay and receive Alpha gold dollars.
Alpha ePay Reward Account means the account used by businesses to pay Users Alpha reward dollars.
Alpha Silver dollar Transaction Fee reward means the fifteen percent (15%) Alpha silver dollar commission businesses receive from Us on transaction fees paid on sales and purchases transacted by Their personal referrals, and the five percent (5%) Alpha silver dollar commission businesses receive from Us paid on sales and purchases transacted by Their referral’s referrals.
Alpha Cash dollar Transaction Fee reward means the fifteen percent (15%) Alpha cash dollar commission Users who participate as Alpha Associate Licensees (”associates”) receive from Us on transaction fees paid on sales and purchases transacted by Their personal referrals, and the five percent (5%) Alpha cash dollar commission associates receive from Us paid on sales and purchases transacted by Their referral’s referrals.
Alpha dollar Credit Line Agreement means the agreement that sets form the terms and conditions of Alpha dollar credit lines.
Alpha dollar Loan Agreement means the agreement that sets form the terms and conditions of Alpha dollar loans.
Businesses means Users who operate Alpha Program Commercial Accounts.
Commodities means products, services vehicles, boats, real estate, scrip, due bills and or anything that can be sold and purchased.
Fiat means the currency a country's government has legislated that must be accepted as payment for a debt.
Fiat Bank Account means the bank and account details as posted on the Transfer form.
Individuals means Users who operate Alpha Program Personal Accounts.
Non-Referred Users means a User not referred by a User.
Personal referrals means those Users who join the Program as a result of a Users personal efforts using their referral link or referral code (“referred Users”).
Platforms means the Alpha Program, Alpha eMarkets and Alpha ePay websites.
Purchase reward means the twenty per cent (20%) to one hundred percent (100%) Alpha reward dollars businesses pay from their Commercial Alpha ePay Reward Account for sales paid for in fiat and individuals receive back into their Personal Alpha ePay Silver Account.
Registration reward means s$100.00 paid into You Personal Alpha ePay Silver Account after you have finished the Alpha Program Registration and Alpha ePay Account opening process.
Referral reward means the s$30.00 paid into Your Personal Alpha ePay Silver Account for each of Your personal referrals who join the Program and claims the registration reward using their mobile phone for account verification and the s$20.00 paid into Your Personal Alpha ePay Silver Account for each of Your referral’s referrals who join the Program and claims the registration reward using their mobile phone for account verification.
Referral’s referrals means a User who joined the Program as a result of the efforts of a personal referral’s referral using the referral’s referrals, referral link or referral code.
Transaction means a transfer of funds from one Alpha ePay Account to another Alpha ePay Account.
Transaction Fee means the general term used to define Alpha ePay standard and early bird transaction fees paid by sellers on transactions recorded in Alpha ePay.
Transfer Form means the Alpha ePay form that enables You to post the minimum Alpha cash dollar amount being c$20.00 You wish transferred from Your Alpha ePay Cash Account to Your Fiat Bank Account
Transaction Levy means the five percent (5%) Alpha silver dollars charged to businesses on sales to their personal referrals.
Terms means these terms and any amended terms.
Users means those parties who register into the Alpha Program and agree to abide by the terms.