---
title: Startup Offering - Terms
description: Transak's Startup Offering
---

# Startup Offering - Terms

[ Transak Team ](https://6983209.hs-sites.com/dynamic-pages/author/transak-team)  Dec 14, 2022 9:29:30 PM

This program is created with the intended purpose of accelerating the growth of startup businesses, through a 2-year partnership with Transak, and the integration of Transak’s payment gateway. 

 

### Heads of terms

- To be eligible for the program, partners must have their KYB (Know Your Business) application approved by Transak’s compliance team.
- Partners must sign Transak’s Partner Agreement, along with a 2-year exclusivity contract.
  
    - The 2-year exclusivity contract would restrict the Partner from utilizing or integrating any payment gateway, other than Transak, for two years, from the time of the contract being signed.
    - On breach of exclusivity, the partner will owe to Transak 1% of the USD equivalent of all volume done with alternative services to Transak during the term of the contract
- Partners must integrate Transak’s payment widget into their website or mobile application.
- Each participant in the program is eligible for up to $10,000 in fee subsidies, which as of December 2022, can support free transactions of up-to $300,000
  
    - This subsidy will cover the cost of any and all fees associated with a financial transaction made through the integrated Transak widget, up to $10,000.
    - The funds used to subsidize the fees will be used to cover the cost of fees directly, and will not be paid or issued to the Partners.
    - Once the $10,000 subsidy has been exhausted, Partners will revert back to Transak’s standard fee structure ([full list of fees shown here](https://docs.transak.com/docs/fiat-currency-country-payment-method-coverage-plus-fees-and-limits)).
      
          - If an otherwise different fee structure has been agreed upon, Partner will revert back to agreed upon fee structure once the $10,000 subsidy has been exhausted.
    - Participants are welcome to charge fees on top of transactions to earn extra revenue for their company. Transak will pay out these fees monthly to you
    - Note: This fee subsidy can be altered or limited for specific periods by Transak in the future. This will be a decision taken by Transak to account for any changes in market or business conditions. 

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