PingPong Leaders Program
Terms And Conditions
These Terms and Conditions of Use (the "Terms") describe the terms and conditions under which Ping Pong Global Solutions Inc. (“PingPong”) makes available to existing PingPong users and the new users who register PingPong account during the PingPong Leaders Program Terms and Conditions period (as defined below).
The Program is exclusively reserved, to PingPong account holders who have activated their PingPong account and completed Know Your Customer (“KYC”) procedure. By logging in with their PingPong account to register for the Service, a user ("You" and “Your” in these Terms) expressly acknowledges and accepts to be bound by these terms. The terms constitute a contract between You and PingPong (hereinafter: “we” or “us” in these Terms) and apply to Your use of PingPong account during the promotion offer period. These Terms replace any previous version You may have received or have in Your possession.
You acknowledge that you have read, agree with and accept all the terms and conditions contained in the Terms for the PingPong Leaders Program Terms and Conditions. You agree that any use by You of the Service shall constitute your acceptance of the Terms. We may revise these Terms at any time by posting an updated version on our website. The revised version will be effective at the time we post it.
What is the period of PingPong Leaders Program Terms and Conditions? The offer is valid for the transactions during the period from Jan. 1st , 2021 to Dec. 31st , 2021 (“Program Period”) excluding the transactions during Year End Promotion of 2021(Which will be announced in Q4 2021). At the end of each year, all accounts will be reset to zero and start a whole new journey with PingPong including TPV and total reward points.
For which currency accounts this program is valid? This offer is valid for the USD, GBP, EURO, JPY, CAD & AUD, MXN, AED and other currencies supported by PingPong. The relevant foreign exchange rate shall be determined by PingPong according to exchange rate on the day of each transaction.
What is the detailed scheme of this Program? The sellers who meet the required volumes of at least USD$1Mn and more during the Program Period will be eligible for the reward according to the business volume during Program Period. . PingPong is entitled to modify the program at any time at its sole discretion and reserves the right of final interpretation of this program. · For 2021 only, PingPong MKT will count the TPV of each account from the beginning of the year and automatically update status (Rising Star,The Achievers Club, The Elite club or 1% Club) on the dashboard right after launching
Terms of Prize offered: a.PingPong will publish the detailed prizes and bonus of this Program from time to time at PingPong’s sole discretion. b.Each prize is unique for the Volume category. Each registered user is eligible only for 01 Volume category. No other volume categories will be combined for one user. c.We shall make reasonable efforts to provide the benefits and bonus, but does not guarantee that the same brand will be provided by us. In case of any change, we will make reasonable efforts to provide a product with similar fair market price determined by PingPong.
Communication: a. In case you have any questions regarding the Program or these Rules you can contact us via email at email@example.com . b. The decision made by us will be final and binding with respect to the leaders program, and no correspondence, objection, complaints, etc. will be entertained in this regard.
Notification: a.We will notify clients within 30 days from the end of the Program Period (based on PingPong internal records and volume tracking as detailed), by email, the email address or phone number designated in the user’s PingPong account. Shortly following the announcement, we will send the corresponding rewards to the qualified clients according to records available. b. The qualified clients must inform the correct delivery address and other required information within 5 working days after notification. c. Clients authorize the posting of his/her name and picture on PingPong’s Facebook page, PingPong website, PingPong blog, and on any other medium that PingPong deems appropriate, except where prohibited by law. d. We may, at our sole discretion, disqualify any potential clients, if one of the circumstances occurs: (1) Qualified client fails to respond to the first attempted notification within five (5) working days ("Response Time") (2) any attempted notification is returned as undeliverable, or (3) qualified client fails to provide any required additional information or documents requested by us.
Disbursement of Prizes: a. Prize will be delivered to qualified clients within 60 days from the end date of the Program Period subject to change from time to time by PingPong. b. The bonus will be subject to availability at the time of disbursement. In case of non-availability of mentioned Prize, the similarities with similar price will be given to qualified clients to choose. c. PingPong will not be liable for any loss, damage, theft, or other misplacement of the prizes once dispatched to your registered address. d. The International trip/package covers only for 1 adult.
Insurance: a. Qualified clients will bear all charges on account of registration, insurance, or any other government levies in relation to the program. b. Qualified clients shall also bear any compliance, and third-party claims that may arise from the prize offered.
Taxes: a. Qualified clients are solely responsible for any applicable and unspecified expenses in conjunction with acceptance/use of a prize, including federal, provincial, state and local taxes including withholding tax, goods and service Tax or any other taxes applicable directly or indirectly) now or hereafter levied or imposed by the government authority resulting from this Program. All federal, state/provincial and/or local income and other taxes, if any, are qualified clients’ sole responsibility. All qualified clients are responsible for providing PingPong with all documents and information necessary for PingPong to comply with any applicable tax laws, and failure to do so within five (5) days of PingPong’s first request for these may result in disqualification. b. Qualified clients shall also be responsible for any other compliance that may arise from the prize offered.
Waiver of Liability and Agreement to Indemnify By participating in the Program, each participant, its, his, her or their heirs, successors and assigns thereof releases, discharges and covenants not to make a claim against PingPong, its subsidiaries and affiliates, licensees, employees, officers, directors, representatives, successors and assigns related in any way to the Program or the receipt or use of any bonus.
Disputes This Term and Conditions is governed by Hong Kong. Any dispute, controversy, difference or claim arising out of or relating to this Agreement, including the existence, validity, interpretation, performance, breach or termination thereof or any dispute regarding non-contractual obligations arising out of or relating to it shall be referred to and finally resolved by arbitration administered by the Hong Kong International Arbitration Centre ("HKIAC") under the HKIAC Administered Arbitration Rules in force when the Notice of Arbitration is submitted.
Force Majeure PingPong shall not be liable for any delay or failure to perform resulting from causes outside its reasonable control, including but not limited to any failure to perform due to unforeseen circumstances or cause beyond PingPong’s control such as acts of God, war, terrorism, riots, embargoes, acts of civil or military authorities, fire, floods, accidents, network infrastructure failures, strikes, or shortages of transportation facilities, fuel, energy, labor or materials.