Hi all,
Yup, I always thought of Groupon as being reputable. Anyway, just some updates..
They just changed their terms and conditions and its getting ridiculous. They didn't have these 2 rules previously.
Just 2 points to take note.
1) Groupon will make all commercially reasonable efforts to pay out account balances due as provided in this Section 5. If,
however, Groupon is unable to make payments after twenty-four (24) months, Groupon may, without notice to
you, turn over such unpaid and undeliverable Commissions to a governmental entity in accordance with
applicable Laws. Groupon reserves the right to change its payment or commission structure at any time.
2) All payments are subject to any withholding or
deductions as described below. Groupon will pay you approximately sixty (60) days following the end of each
calendar month, provided that your GPN account balance has reached the payment threshold for your
currency and elected payment method as provided in the Payment Schedule.
Here's the full paragraph regarding payment:
5. Payment. You will accrue Commissions in accordance with the Commission Plan as a percentage of
Qualifying Revenue from a Qualifying Purchases made through one or more Links and/or for generating
Qualifying Leads. Payments will be made, in the currency designated by you in in your GPN account, by
direct deposit or check as elected by you in your GPN account. All payments are subject to any withholding or
deductions as described below. Groupon will pay you approximately sixty (60) days following the end of each
calendar month, provided that your GPN account balance has reached the payment threshold for your
currency and elected payment method as provided in the Payment Schedule. If your account balance is less
than the payment threshold for your payment method, Commissions will continue to accrue until your balance
at the end of a calendar month is equal to or greater than the payment threshold. If you select payment by
check, the processing fee provided in the Payment Schedule will be deducted from your Commissions for
each check that is sent to you. To ensure proper payment, you are solely responsible for providing and
maintaining accurate contact and payment information. We may be obligated to collect tax information from
you in order to pay Commissions, which you agree to provide as part of the application process. If we request
tax information from you and you do not provide the requested information, we may withhold your
Commissions until the information is provided or you are able to demonstrate that this information is not
required from you. In the event this Agreement is terminated, Groupon agrees to pay any outstanding
Commissions earned within approximately ninety (90) days after the end of the calendar month in which the
Agreement is terminated; provided, however, that Groupon shall not make payments for account balances
below the minimum threshold for your selected currency as provided in the Payment Schedule. Groupon will
make all commercially reasonable efforts to pay out account balances due as provided in this Section 5. If,
however, Groupon is unable to make payments after twenty-four (24) months, Groupon may, without notice to
you, turn over such unpaid and undeliverable Commissions to a governmental entity in accordance with
applicable Laws. Groupon reserves the right to change its payment or commission structure at any time.
I've already taken and accepted this as my loss.. For those out there already promoting Groupon, or thinking of promoting them.. Just to make you aware of this..
Fu*k them, Kill them.
