Affiliates Terms and Conditions
Throughout the site, the terms “we”, “us” and “our” refer to Satochip. The term “affiliate” refers to an approved third party that may provide us marketing services via the referral links provided by the Satochip affiliate program. The affiliate hereby agrees that the following Affiliate Terms and Conditions shall apply to the affiliate’s participation in the Satochip affiliate program.
The Affiliate Terms and Conditions shall be a binding agreement between the affiliate and Satochip, and we reserve the right to update the Affiliate Terms and Conditions at any time. The Affiliate Terms and Conditions may be amended, changed, or updated by us at any time.
Satochip will notify any changes in the Affiliate Terms and Conditions via Telegram notification(s) on the official Satochip channel. Please note that after the effective date of any such amendments, changes, or updates, if the affiliate shall be deemed to have accepted any such subsequent amendments, changes, or updates, by continuing to participate in the Satochip affiliate program.
By having :
– filled the affiliate registration form,
– and signing up and agreeing to the Affiliate Terms and Conditions,
the affiliate acknowledges and agrees that:
– he/she fully understands the Affiliate Terms and Conditions,
– and he/she agrees to be bound by all of these terms and conditions with immediate effect.
We strongly encourage the affiliate to also read our Terms of service.
1 – Rewards
The affiliate shall be allowed to place the referral links or any affiliate media kit related on his/her website, Youtube or Vimeo channel, forum signature or any other source which will enable redirection towards the our website.
If a user clicks on the referral link, and then concludes the purchase/payment procedures of an eligible products on our website (called the transaction), the affiliate shall be entitled to receive commission payments (called the reward) for such transaction. Payment of rewards received by the affiliate shall be made by Satochip only for completed and valid transactions. If a user cancels his/her order or requests a refund for any reason after Satochip paid the rewards to the affiliate, the amounts paid to the affiliate on the basis of such cancelled transaction(s) will be deducted from the next reward owed to the affiliate.
The rewards shall be ten percent (10%) of the product’s final sales price after applied discounts, shipping costs excluded, or such other percentage as may be set by Satochip from time to time depending on market conditions. The rewards may be specified differently within special campaigns introduced by Satochip. We may, at our sole discretion, modify such percentage at any time, and shall be effective from the fifth day after such modification is communicated through our dedicated Telegram channel.
An affiliate can request for a payment of the reward if and only if the accumulated and unpaid reward on account exceeds 100€ (EUR). The rewards shall be paid in cryptocurrency designated by Satochip, within a maximum 90-days delay from the date the affiliate fulfilled the conditions under the Affiliate Terms and Conditions.
No reward will be paid for (1) invalid transactions or fraudulent transaction carried out by automated methods, robots, or any other malicious activities conducted by machine other than natural person; (2) transactions carried out in violation of any provision of these Affiliate Conditions, and/or (3) transactions of more than five (5) products in one order or other transaction(s) that are deemed by Satochip as irregular, false or high-risk at Satochip’s sole discretion.
The affiliate is solely responsible for the payment of all taxes relating to the rewards.
2 – Affiliate’s obligations
The affiliate must agreed these Terms of service.
The affiliate agrees that the position, statement, location, prominence and nature of the referral links shall comply with any requirements specified by Satochip.
Without prior consent of Satochip, the affiliate shall not use our website or any similar name as the domain name or URL in any paid search engine marketing campaign, and shall not engage in typo-squatting, or own a typo domain.
The affiliate shall not permit his/her website to contain any illegal materials such as libelous, defamatory, obscene, abusive, violent information, or provide the refferal link to any third party’s website containing the same.
The affiliate shall not interfere or in any way disrupt users from accessing our website, so as to make the referral links as the only option to access it.
The affiliate shall not promote the products via spam or unsolicited commercial email. The affiliate guarantees that: (1) all recipients of the emails from the affiliate have agreed to receive the emails; (2) the affiliate shall verify the opt-in statuses for all recipients, and the affiliate shall provide the list of all recipients of promotion materials upon request of Satochip; (3) e-mail(s) sent by the affiliate will contain clear instructions for the recipients to unsubscribe the email(s) from the affiliate; (4) the affiliate shall be compliant with the European GDPR or any other security program while targeting referral audience.
The affiliate must not use the Satochip’s brand name in any of its communication.
The affiliate shall not bid for search engine traffic using the terms “Satochip”, “satochip.io” or similar keywords, or any misspellings of them. The affiliate also agrees not to include the above-mentioned keywords in the display URL for purchased keywords. Misspellings include those with missing characters, extra characters, wrong character sequences, and where the wrong key is pressed.
The affiliate shall not place referral links on search engine advertising platforms such as Adwords or Bing. Affiliates must endeavor to ensure that websites on which he placed referral links in remain below Satochip’s own paid search ads at all times on search engine advertising platforms.
The affiliate is not allowed to place referral links on couponing or cash back sites. The affiliate must not purchase Satochip products through any referral links in order to try getting a discount / retro-commission.
The affiliate shall not use, build, or repurpose any website that has a similar look and feel with the official website, or mislead any third person into thinking the affiliate is representing Satochip or is an official partner of Satochip.
Whenever a link is placed on any visual image or webpage, the affiliate must follow the instructions of Satochip and ensure that such image or webpage (1) comply with the Satochip’s brand image and brand guidelines, as may be revised from time to time; (2) not contain any content that is illegal, offensive, pornographic, violent, tortious, fraudulent, deceptive, or otherwise objectionable; and (3) comply with all existing and/or new written or oral requirements of Satochip.
3 – Limitation of liability
The affiliate shall maintain adequate security and control of all accounts, passwords, API keys or any other codes that the affiliate use to access to or associate with the Satochip Affiliate Program. The affiliate acknowledge and agree that he shall be solely responsible for any activities or actions associated with affiliate’s participation in the Satochip Affiliate Program, whether or not the affiliate has authorized such activities or actions.
The affiliate acknowledges and agrees that, to the maximum extent permitted by applicable law, even if Satochip has been advised of the possibility of such damage or loss, Satochip shall only be liable for the direct damages caused by gross negligence or intentional misconduct of Satochip while providing the services associated with the Satochip Affiliate Program. The affiliate also acknowledges and agrees that, in no event shall Satochip be liable for any damage or loss that is not reasonably foreseeable.
The affiliate acknowledges and agrees that, to the maximum extent permitted by applicable law and to the extent Satochip is held liable under the aforementioned previous clause, the maximum liability of Satochip shall not exceed the accumulated rewards paid to the affiliate by us.
4 – Term and termination
The Affiliate Terms and Conditions shall remain effective until terminated under the conditions of the Affiliate Terms and Conditions; or when the affiliate formally terminates the Satochip Affiliation Program by formal notification to Satochip.
Each party has the right to terminate this agreement with a one-month (1-month) prior written notice to the other party. The affiliate must cease using the Satochip Affiliate Program upon the termination of this agreement and delete all the referral links that affiliate has placed on websites.
If the affiliate acts illegally, and/or has in any way breach any of the provision under the Affiliate Terms and Conditions, Satochip is entitled to terminate this agreement and/or suspend the affiliate from the Satochip Affiliate Program, with immediate effect by online or email notice from Satochip.
5 – Ownership, grant an restrictions on grant
The affiliate shall comply with Satochip trademark, copyright and other intellectual property criteria and requirements.
The affiliate acknowledges and agrees that Satochip retains ownership of all right, title and interest to the Satochip Affiliate Programs, the Satochip products and the satochip.io website. Except for the right to place the referral links to the site according to the Affiliate Terms and Conditions, the affiliate does not acquire any right, title, interest, and license or any rights under this Affiliate Terms and Conditions.
Please report any and all violations of these Affiliate Terms and Conditions to: