Payoneer Prepaid Mastercard Disclaimer

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Syntek  Global  Payoneer  Prepaid  MasterCard  Disclaimer  

*Disclaimer   Please  be  advised  that  although  Payoneer  Prepaid  MasterCards  are  available  in  many  of  our  markets  as   a  great  option  to  receive  your  commission  payments,  there  are  risks  associate  with  signing  up  for   Prepaid  MasterCard  accounts  in  the  following  markets:   • • • • • • • • •

South  Africa   Uganda   Zimbabwe   Botswana   Ghana   Côte  d'Ivoire   Nigeria   Namibia   Zambia  

Some  of  the  risks  associated  with  choosing  the  Payoneer  Prepaid  MasterCard  option  in  these  countries   include  your  card  being  lost  or  stolen  in  the  post,  which  may  delay  or  prevent  you  from  receiving   commissions  which  have  been  loaded  onto  your  card  and/or  future  commissions  which  you  earn.         By  choosing  the  Prepaid  MasterCard  option  you  accept  responsibility  for  and  understand  that:   1. Syntek  Global  does  not  assume  responsibility  if  your  Payoneer  Prepaid  MasterCard  is  lost  or   stolen  in  the  post.   2. The  distributor  who  orders  the  Payoneer  Prepaid  MasterCard  is  liable  for  their  card  and  any   funds  which  have  been  deposited  onto  their  card.    This  means  that  if  the  distributor’s  Payoneer   Prepaid  MasterCard  is  lost  or  stolen  in  the  post  while  in  transit  or  after  it  is  received,  the   distributor  is  responsible  for  contacting  Payoneer  to  order  a  replacement  card.   3. The  distributor  is  responsible  for  paying  the  appropriate  taxes  in  their  country  in  accordance   with  the  laws  and  regulations  in  their  country  for  the  commissions  paid  to  them.       4. The  distributor  is  responsible  for  ordering  replacement  cards  from  Payoneer  when  the   expiration  date  is  reached.       Other  important  rules  to  know  when  signing  up  for  a  Payoneer  Prepaid  Mastercard  include:   1. When  a  distributor  fills  in  their  personal  information  they  must  use  current  and  accurate   information.    Falsifying  information  may  flag  the  individual  in  Payoneer’s  database  and  prevent   the  distributor  from  ever  being  able  to  sign  up  for  a  Payoneer  account  in  the  future.   2. PO  Box  addresses  cannot  be  used  when  signing  up  for  a  Payoneer  Prepaid  MasterCard  account.     Payoneer  does  not  ship  cards  to  PO  Box  addresses.       3. Business  addresses  cannot  be  used  when  signing  up  for  a  Payoneer  Prepaid  MasterCard   account.    Payoneer  does  not  ship  cards  to  business  addresses.   4. Payoneer  only  ships  to  home  addresses.   5. Ensure  that  the  full  address  is  entered  when  signing  up  for  a  Payoneer  Prepaid  MasterCard   Account,  including  the  correct  country  of  the  distributor’s  residence.  

Scenario  #1   If  you  currently  have  a  Payoneer  Prepaid  MasterCard  that  you  ordered  independent  of  Syntek  Global   that  is  not  linked  to  your  Syntek  Global  account.   1. Contact  Syntek  Global  support  by  email  at  [email protected].       2. Explain  in  your  email  that  you  ordered  a  Payoneer  Prepaid  MasterCard  independent  of  Syntek   Global  and  would  like  to  request  it  be  linked  to  your  Syntek  Global  account.   3. Provide  the  following  information:   a. Full  name  on  card   b. Last  4  digits  on  card   c. Expiration  date   d. Distributor  ID   4. Please  note  that  we  cannot  guarantee  that  your  card  will  be  linked  to  your  Syntek  Global   account.  Your  eligibility  will  be  determined  by  Payoneer  and  permission  will  be  granted  on  a   case-­‐by-­‐case  basis.       Scenario  #2   If  you  currently  have  a  Payoneer  Prepaid  MasterCard  account  and  want  to  switch  to  a  Global  Bank   Transfer  (GBT)  account.   1. Contact  Payoneer  support  via  email,  chat  or  telephone.    Payoneer’s  contact  information  can  be   found  at  the  following  web  address:      https://payoneer.custhelp.com/app/Contact_us   2. Explain  to  Payoneer  support  that  you  ordered  a  Payoneer  Prepaid  MasterCard  but  would  now   like  to  switch  your  account  over  to  a  Global  Bank  Transfer  (GBT)  account.   3. Request  that  Payoneer  send  you  an  email  invitation  to  make  the  switch  from  Payoneer  Prepaid   MasterCard  to  a  Payoneer  Global  Bank  Transfer  (GBT)  account.   4. Payoneer  will  provide  you  with  further  instructions  via  email,  including  instructions  to  make  the   switch.       Scenario  #3   If  you  currently  have  a  Payoneer  Global  Bank  Transfer  (GBT)  account  and  want  to  switch  to  a  Prepaid   MasterCard  account.   1. Contact  Payoneer  support  via  email,  chat  or  telephone.    Payoneer’s  contact  information  can  be   found  at  the  following  web  address:      https://payoneer.custhelp.com/app/Contact_us   2. Explain  to  Payoneer  support  that  you  currently  have  an  active  Global  Bank  Transfer  (GBT)   account  but  would  now  like  to  switch  your  account  over  to  a  Prepaid  MasterCard  account.   3. Payoneer  will  provide  you  with  further  instructions  and  the  required  steps  to  sign  up  for  a   Payoneer  Prepaid  MasterCard.            

Scenario  #4   If  you  have  not  received  a  personalized  link  to  sign  up  for  Payoneer  yet.   1. Send  an  email  to  [email protected]  with  the  following  information:   a. State  your  distributor  ID.   b. State  which  market  you  are  in.   c. State  that  you  would  like  to  request  a  unique  Payoneer  registration  link  so  that  you  can   receive  commissions  which  you  have  earned.   d. Syntek  support  will  respond  to  your  request  within  two  business  days.     Scenario  #5   If  you  have  signed  up  for  a  Payoneer  account  but  your  account  has  not  been  approved  yet.   1. Contact  Payoneer  support  via  email,  chat  or  telephone.    Payoneer’s  contact  information  can  be   found  at  the  following  web  address:      https://payoneer.custhelp.com/app/Contact_us   2. Explain  to  Payoneer  support  that  you  signed  up  for  a  Payoneer  account  but  your  account  has   not  been  approved  yet.    Ask  them  what  further  information  they  need  from  you  to  finalize  your   registration.   3. Payoneer  will  provide  you  with  further  instructions  and  the  required  steps  to  activate  your   account  and  finalize  your  registration.       Scenario  #6   If  you  have  signed  up  for  a  Payoneer  Prepaid  MasterCard  account  which  has  been  approved  and   activated,  but  you  have  not  received  your  card  within  the  timeframe  given  to  you  by  Payoneer.   1. Contact  Payoneer  support  via  email,  chat  or  telephone.    Payoneer’s  contact  information  can  be   found  at  the  following  web  address:      https://payoneer.custhelp.com/app/Contact_us   2. Explain  to  Payoneer  support  that  you  signed  up  for  a  Payoneer  Prepaid  MasterCard  but  your   card  has  not  arrived  in  the  timeframe  given  to  you  by  Payoneer  via  email.       3. Ask  Payoneer  to  confirm  when  your  card  was  sent  out.    If  necessary  ask  them  to  send  you  a   replacement  card.