1. Transaction Fees

Vendor Cover charges a [X%] platform fee on each transaction. This fee covers our operational costs, including security measures, compliance, and trust partner compensation. Fees are disclosed before transaction initiation.

2. Trust Partner Incentive Structure

Trust Partners receive 45% of the platform fee for transactions they facilitate. Payments are disbursed monthly, and the percentage may be adjusted periodically based on performance and transaction volume.

3. Refund Policy

Due to the nature of our services, all transaction fees are non-refundable once a transaction is initiated. Refunds may be issued only in cases of technical error or fraud, as assessed and approved by Vendor Cover’s compliance team.

4. Security Deposit Requirement for Trust Partners

Trust Partners are required to make a security deposit, which is held by our insurance partner to cover potential liabilities. This deposit is returned upon the completion of the agreement, subject to the fulfillment of all obligations.

5. Payment Methods and Terms

Vendor Cover accepts payments via various methods, including wire transfers and credit cards. Users are responsible for transaction fees charged by their financial institutions.