Loystar Partner Program Terms & Conditions

The Loystar Partner Program (Partner Program) enables Independent Partners (Partners) to obtain financial rewards by referring prospective customers (prospects/leads) to Loystar  and/or Closing deals on behalf of the company (Loystar Ltd).

Below are our terms of engagement. By signing up to be an Independent Sales Partner, you agree to be bound by the following terms and conditions (Terms)

  1. You’re our Partner
    1. If you complete and submit the online Partner registration form, we’ll appoint you as our non-exclusive Partner (upon verification) to provide information about the customers Loystar products could serve.
      This program is available to individuals located in Ghana and Nigeria.
    2. You are allowed to:
      • (a) market and promote our products for this purpose;
      • (b) use our trade marks strictly in your capacity as Partner (and in this respect we grant you a limited, revocable, non-exclusive and non-transferrable license to use and display our trade marks).
    3. Trial Program
      • We would run a trial program for 2 weeks in which Loystar determines the continuity of the partner program with the said Partner.
    4. Data Capture
      • The mode of operation for this program is largely offline and involves collecting information about prospects. Where the Prospect:
        • (a) is a new Loystar customer and is not previously known to Loystar or its affiliates;
      • We would equip you with resources to facilitate the operation. Further instructions would be sent upon sign up.
  1. Partners cannot submit themselves as Prospects for the Partner Program.
  2. Staff of Loystar, its subsidiaries and its Partners under the Loystar Partner Program are not eligible for this Partner Program.
  1. Referral Fees
    1. For as long as you remain an Partner and comply with these Terms, the following payment arrangements will apply:
      • (a) We will pay a 30% commission on the first payment made by merchants, on deals facilitated by Partners.
    2. Pay outs: Pay outs are done every 2 weeks. Partners are eligible to payouts when Loystar receives receives a least 5 complete referrals via the prescribed methods.
    3. We will pay your referral fee as a deposit to your Bank account via Bank transfer, mobile money, Bank direct credit or any other payment channel as facilitated by Loystar.
    4. The referral fee is inclusive of all applicable taxes and duties and we reserve the right to alter the referral fee, at our discretion, at any time.
    5. There are no restrictions on the number of Referrals an Partner may make.
    6. We reserve the right to disqualify and disregard any Referral that we believe (in our absolute discretion) to be attained through fraudulent, illegal, questionable or other methods that may be in breach of these Terms.
  1. Your obligations
    1. In relation to your role as Partner under the Partner Program you are required to:
      • (a) act in an orderly and business like manner and to comply with all relevant laws and regulations;
      • Supply information needed to verify referrals brought in by you if required.
      • (b) hold any:
        • (i) goodwill generated for our business under the Partner Program; and
        • (ii) intellectual property created in relation to the Partner Program or our business, as bare trustee for us; and
      • (c) notify us of any suspected infringement of our intellectual property and take such reasonable action as we may direct, at our expense, in relation to such infringement.
  1. In your role as Partner you must not:
    •  (a) use any of our intellectual property except in the course of the Partner Program, nor cause or permit anything which may damage or endanger our intellectual property or our title to it (including assisting or allowing others to do the same);
    • (b) represent that you are acting on behalf of Loystar or pledge our credit in any way or commit us to any contractual obligation without our prior written consent;
    • (c) market our products via facsimile, telemarketing, spyware, malware, viruses or other forms of marketing that could potentially harm our business, or as may be communicated by us from time to time; and
    • (d) make any representations or give any warranties on our behalf to any third parties (except to the extent we may consent to in writing).
  1. The term of our relationship
    1. 1 Loystar may terminate these Terms and your participation in the Partner Program at any time. We may also terminate these Terms and your participation in the Partner Program immediately should we believe, in our absolute discretion, that you are either in breach of these Terms, that the standing or reputation of our business or products is at risk or if we believe such termination to be in the best interests of our business generally.
    2. 2 Once your participation in the Partner Program ends:
      • (a) you will not be entitled to any further referral fees other than those owing to you at the date of termination; and
      • (b) you must:
        • . (i) remove any and all of our intellectual property from your website, business premises, stationery and other property within 7 days;
        • (ii) cease using our intellectual property; and
        • (iii) return to us any property (including intellectual property) which we have supplied to you, together with any records relating to your role as Partner that we may reasonably request.
  1. Our liability
    1. We are not liable (whether in contract, tort (including negligence) or otherwise) for any indirect, incidental, special or consequential damages you may suffer, and any loss of profits, whether direct or indirect, resulting from you acting in your role as Partner, including as a result of affiliate tracking failures, loss of database files or mobile devices, and any party intending to harm or compromise the Partner Program or its systems.
    2. We do not make any expressed or implied warranties with respect to the Partner Program or our products and any use of our products by you or your Referrals is subject to our terms of terms of service and privacy policy as set out here —https://loystar.co/partner-terms/(Terms of Service) and here— https://loystar.co/loystar-privacy-policy (Privacy Policy)
    3. You indemnify us and keep us indemnified from and against any and all loss, damage or liability (whether criminal or civil) suffered (including any legal fees and costs incurred by us) resulting from any act or omission made by you as our Partner or any breach by you of these Terms.
  2. Other terms and further information
    1. Your role as Partner is as our independent contractor. Nothing in these Terms creates a partnership, joint venture, agency, franchise, sales representative, or employment relationship between us. However the partner engagement may result in further engagements beyond the scope of the partner program.
    2. If we do not exercise a right we may have under these Terms it does not mean we are waiving that right.
    3. You may not transfer your role as Partner, or any of your rights and obligations under these Terms without our prior written consent.
    4. We reserve the right to amend these Terms from time to time without notice.
    5. Our Terms of Service are incorporated into and supplement these Terms except to the extent they are negated by, or are inconsistent with these Terms, in which case these Terms will prevail.