For takepayments merchants (or for referrers who are in the process of applying to be a takepayments merchant) who make a referral, free rental applies up to the value of £25 a month (excluding VAT) for the first six (6) months of an eighteen (18) month contract. Rentals in excess of £25 per month will receive a £25 discount per month for the first six (6) months of an eighteen (18) month contract. Referrers who do not have a takepayments contract (or are not in the process of applying for a takepayments contract), will instead receive a £100 Love2Shop Gift Card e-voucher (“Voucher”) for each successful referral. A successful referral is when a referred customer has processed at least £100 value of transactions. The six (6) months free/discounted rental (or Voucher) offer applies to each successful referral that is made.
Scheme (Service Charges Promotion)
1. To be eligible as a referral under this scheme, the referred customer must:
2. For each Referred Customer, the referrer will be entitled to the Promotional Discount (set out below) in respect of the Service Charges. “Service Charges” means the rental charges or service charges (as applicable) payable by the referrer to takepayments under a contract between the referrer and takepayments. No discount or waiver is available on any other fees or charges payable under any contract with takepayments.
3. The ”Promotional Discount” means either:
4. Where the referrer refers more than one (1) Referred Customer, the referrer will be entitled to the Promotional Discount on a cumulative basis (for example, where there are two (2) Referred Customers, the referrer will be entitled to the Promotional Discount for a total period of twelve (12) months).
5. Where the referrer has more than one (1) contract with takepayments, the Promotional Discount shall be applied to the contract with the highest level of Service Charges. If more than one (1) contract has the same level of Service Charges then takepayments will (at its absolute discretion) select one (1) contract to apply the Promotional Discount to.
6. Where the Service Charges payable by the referrer under its contract with takepayments exceed £25 per month, the Promotional Discount shall be applied by takepayments crediting £25 per month (excluding VAT) against the Service Charges and the balance shall remain payable by the referrer.
7. The Promotional Discount shall be applied with effect from the closest appropriate billing period (as determined by takepayments) following the date on which the Referred Customer has processed transactions with a total value of at least £100 after entering into a contract with takepayments.
8. If the referrer’s contract to which the Promotional Discount is applied terminates for any reason before the expiry of the period for which the Promotional Discount is applied, then there shall be no further entitlement to any Promotional Discount (except if the referrer has another contract in force with takepayments, in which case the remaining Promotional Discount shall be applied to such other contract).
9. There shall be no entitlement to all or part of the Promotional Discount if, in respect of any date when the Promotional Discount would otherwise be applied, the referrer has breached any of the terms and conditions (including non-payment of any applicable fees and charges) of any contract it has with takepayments (whether or not the contract to which the Promotional Discount is applied).
10. If the referrer is applying to have a contract with takepayments and has their associated application for merchant acquiring services declined by the acquiring bank for any reason, then, instead of the Promotional Discount, the referrer will be entitled to a £100 Love2Shop Gift Card e-voucher (“Voucher”) for each Referred Customer.
11. Vouchers will be issued after the date on which the Referred Customer has processed transactions with a total value of at least £100 after entering into a contract with takepayments. Up to ninety (90) days should be allowed for the Voucher to be received.
12. Vouchers will be sent by email to the email address of the referrer provided to takepayments at the time of the referral.
13. The Vouchers are subject to the terms and conditions of the issuer (“Voucher Terms”), copies of which are available on request and can be accessed at http://www.l2sdigital.co.uk/termsandconditions.php. It is the sole responsibility of the referrer to comply with the Voucher Terms. Pursuant to the Voucher Terms, various charges may be payable by the referrer in connection with the issue and use of the Voucher and some identification checks may be required before the Voucher can be used. The Voucher will also have an expiry date, after which (in accordance with the Voucher Terms) it may not be possible to spend or redeem the Voucher. takepayments accepts no responsibility or any liability for such charges or if the Vouchers become valueless or unusable for any reason after the date of issue.
14. takepayments’ standard account opening procedures will apply to any Referred Customer and acceptance of any Referred Customer shall be at takepayments’ absolute discretion.
15. The referrer will be liable to takepayments (and to the Referred Customer) in the event that it passes any contact details to takepayments without having permission to do so.
16. No cash alternative is available and the Promotional Discount (or Voucher, where applicable) is non-transferable.
17. takepayments reserves the right to refuse to apply the Promotional Discount (or to provide the Voucher, where applicable) if it has reasonable grounds to believe that there has been a breach of these terms and conditions or any illegal or criminal activity (including fraud) has occurred in connection with this referral scheme, or there has been a breach of any other contract the referrer has with takepayments.
18. takepayments reserves the right to vary or withdraw this scheme (or to amend the terms and conditions applicable to it) at any time for any reason. Any referrals (or contracts entered into with Referred Customers) following the date of withdrawal of the scheme will not be eligible for the free or discounted Service Charges (or any Voucher).
19. This referral scheme will operate between 26th January 2023 and 31st December 2025 (inclusive).
20. To the extent of any conflict between the terms and conditions of the referrer’s contract with takepayments and the terms and conditions of this scheme, the terms of this scheme will prevail.
21. The terms and conditions of this scheme and any dispute or claim (including non-contractual disputes or claims) arising out of or in connection with them or their subject matter or formation is governed by, and will be interpreted in accordance with, the law of England and Wales and is subject to the exclusive jurisdiction of the courts of England and Wales.
22. Any decision taken by takepayments in connection with this scheme shall be final and no further correspondence will be entered into.
23. This scheme is operated by takepayments Limited (company number 3102137), 4th Floor, Highbank House, Exchange Street, Stockport, Cheshire SK3 OET.