TermsTerms and Policies for Kredify Fintech Solutions (wholly-owned subsidiary of Kredify, Inc.)
1. Instructor Coupons & Course Referral Links
As an instructor, you may be able to increase your sales by promoting your course through a course referral link or coupon code. You may generate a coupon code for a discount or at Kredify, Inc. ’s current price, as permitted within the Services. Note that the actual discount may be slightly higher due to rounding and currency conversion. When a student applies your discount coupon to a foreign currency transaction, we will apply a proportional discount in the student’s applicable currency.
Where a student applies your coupon code or course referral link at checkout, your revenue share will be 95% of the Net Amount less any applicable deductions, such as student refunds.
Alternatively, you may be able to generate 100%-off coupons to offer your paid course for free. These coupons may be subject to limits, and you may not sell free coupons on third-party websites or otherwise offer them in exchange for compensation.
2. Promotional Programs
2.1 How the Promotional Programs Work
Kredify, Inc. offers instructors several optional marketing programs (“Promotional Programs. The specific programs offered may change from time to time. In connection with the Promotional Programs, your courses may also be priced higher at Kredify, Inc. ’s discretion.
Not all deals or programs will be available in all geographic territories or for all Kredify, Inc. courses. Kredify, Inc. has sole discretion to determine which courses to offer as part of the Promotional Programs and to set or update sale prices. Kredify, Inc. may remove any of your courses from the Promotional Programs at any time and in its sole discretion, with or without notice to you.
The discount amounts referenced below are approximate, as the actual discount may be slightly higher due to rounding and currency conversion. Kredify, Inc. does not guarantee any minimum level of success in connection with the Promotional Programs.
2.2 Kredify, Inc. Deals & Discounts Program
The Kredify, Inc. Deals & Discounts Program helps increase your revenue potential by enabling Kredify, Inc. to offer your course at a compelling discount and list price as part of targeted promotions. The Deals & Discounts Program allows Kredify, Inc. to offer your course to students at a discounted price or list price no lower than $10 USD (or local equivalent), except in India and sales to Kredify, Inc. ’s resellers or distributors, where the price may be lower.
Where a sale to a Kredify, Inc. reseller or distributor results in a sale price for your course that is lower than permitted by this Policy, Kredify, Inc. will calculate your revenue share based on a Gross Amount permitted by this Policy.
Deals & Discounts Program deals may be promoted through the Services, communications to users, or third-party platforms, and the duration of the deals may vary.
By participating in the Deals & Discounts Program, you agree that your revenue share will be 60% of the Net Amount of the sale less any applicable deductions, such as student refunds.
2.3 Koppr Academy Marketing Program
Kredify, Inc. has a team dedicated to placing paid digital advertisements. Through the Koppr Academy Marketing Program, Kredify, Inc. leverages partner sites and advertising platforms to promote your courses to new students at no up-front cost to you.
By participating in the Koppr Academy Marketing Program, you authorize Kredify, Inc. to employ third parties, including resellers, distributors, affiliate sites, deal sites, and paid advertising on third-party platforms (together, “Advertising”) to promote your course. In calculating your revenue, Kredify, Inc. may deduct fees associated with this Advertising from the Gross Amount before calculating the Net Amount of the sale.
By participating in the Koppr Academy Marketing Program, you agree that your revenue share will be 30% of the Net Amount of the sale less any applicable deductions, such as student refunds.
2.4 Opting Out
Except as otherwise stated above, you can opt out of the Promotional Programs at any time. However, your course will remain subject to any applicable sales, campaigns, or promotions that are already active at the time you opt out, until those sales, campaigns, or promotions are completed.
We may update this Policy from time to time to clarify our practices or to reflect new or different practices. If we make any material change, we will notify you using prominent means such as by email notice sent to the email address specified in your account or by posting a notice through our Services. Modifications will become effective on the day they are posted unless stated otherwise.
If you have any questions about this Policy, please contact our Support Team.