Payment Terms
These Payment Terms govern all transactions facilitated through Influencers Depot’s website, operated by Influencers Depot LLC. Please read these terms carefully before making or receiving payments through the platform.
1. Overview
Influencers Depot processes all payments involving our community of influencers and brands. By transacting through Influencers Depot, you agree to these terms on behalf of yourself or your organization.
2. Payment Processing
Payment processing services for users in the United States are provided by Influencers Depot Inc., and for users outside the United States by Influencers Depot International. Together, these entities are referred to as “Influencers Depot,” “we,” or “us.”
3. Influencer Earnings
- Revenue: Influencers earn money from completed projects as specified in the agreement with the brand.
- Payment Distribution: Earnings are credited to your Influencer Depot account and are available for withdrawal according to the payment schedule outlined herein.
- Taxes: Influencers are responsible for any taxes applicable to their earnings.
4. Receiving Payments
- General Terms: Payment for a completed project is credited to an influencer’s account, less a service fee retained by Influencers Depot.
- Cancellations: If a project is canceled, funds are returned to the brand’s account. Specific terms related to cancellations are detailed in our Cancellation Policy.
- Tax Responsibilities: Influencers are responsible for any applicable sales, use, VAT, GST, or other governmental taxes or fees payable in connection with their participation on the platform.
5. Payment Collection and Disbursement
Influencers Depot collects the full payment from the brand at the time of purchase as security for the influencer. Payment is disbursed to the influencer only after the brand has approved the delivery of the service. The transaction fee agreed upon with the influencer is deducted from this payment.
6. Disputes
- Dispute Resolution: Brands have the right to dispute a transaction within three days of the service’s completion. If a refund is approved following the dispute resolution process, Influencers Depot will deduct a 15% service fee from the refund amount before returning the remainder to the brand.
7. Cancellations
- Cancellation Policy: If a cancellation is granted, the purchase amount will be refunded to the brand, minus any applicable service fees.
8. Influencer Dispute and Refund Rights
- Equal Rights for Influencers: Influencers have the same right as brands to dispute a transaction or request a refund. The process and conditions applicable to brands also apply to influencers.
9. Withdrawal of Funds
- Withdrawal Options: Influencers can withdraw funds via the payment methods available in their account settings after a security clearance period.
- Fees: Withdrawal fees depend on the chosen payment method and are disclosed at the time of setting up the withdrawal.
- Currency Conversion: Withdrawals in currencies other than USD may incur conversion charges based on the prevailing exchange rate.
10. Appointment as Payment Collection Agent
Influencers Depot acts as a limited payment collection agent for the purpose of accepting and processing payments from brands on behalf of our influencers.
11. Modifications to Payment Terms
Influencers Depot reserves the right to modify these Payment Terms at any time. Changes will be effective immediately upon posting on our website.
12. Contact and Queries
For any questions regarding these Payment Terms or your transactions on our platform, please contact our support team through the website.