Member agrees to sell to other members for 100% iTrade Pay (ITP) Trade Credits (defined as receivable due in goods and/or services) at the prevailing price. For all unit sales over $5,000, selling percentages of ITP Trade Credits and cash become negotiable between Buyer and Seller.
Membership Fee: $0.00
One Time Processing Fee: $95.00
Monthly Maintenance Fee: $12.00 in Trade Credits and $12.00 in cash is due on the first of each month via auto pay.
Transactions Fees: Member agrees to pay a 6% cash fee on all transactions (Sales and Purchases) made using the ITP Network. If the member does not elect an auto pay option the standard cash fee is 7% cash on all transactions.
Member hereby authorizes ITP to debit Member's bank account or credit card in the amount of any balance due on Member's ITP account. Authorization will remain in effect until written cancellation to ITP. Member agrees to update account information at least five business days prior to due date. Payments will be processed on the fifth of each month. If payment date falls on a weekend or holiday, payments may be processed the next business day. Member understand that rejected/returned payments will incur a $25 fee.
This iTrade Pay Member Agreement (“Agreement”) describes the terms and conditions applicable to use of the iTrade Pay Network (as defined below). Each Member or potential Member should carefully read the terms and conditions of this Agreement, all of which a Member must accept and agree to before joining the iTrade Pay Network. If you (the “Member”) buy or sell, or offer to buy or sell, goods or services on, in or through the iTrade Pay Network, you are accepting and agreeing to all of the terms of this iTradePay Member Agreement, as amended from time to time. If you disagree with or cannot comply with any of the terms of this Agreement, you may not use the iTrade Pay Network.
The full Member Agreement is available online under our Policies link. If you are unable to access the Agreement online you may request a printed copy from our Office at 303-945-2444.