Important Note: Adext does not collect any of your advertising spend. You pay any advertising spend directly to your advertising account platform (e.g. Google and Facebook). When you select advertising spend budget in AMaaS, that budget will be intelligently managed within your advertising account but that spend is paid by you via the payment method you defined in your advertising account platform (e.g. Google and Facebook). Adext only collects the Ad Optimization Fees (defined below) using the payment method you provided us (which may be different than the payment method you chose in your advertising account platform).
You must pay Adext the applicable fees for AMaaS Ad Optimization, except fees that we expressly offer free of charge, subject to the following Payment Terms:
1. General Payment Rules
For Services purchased through Adext's website, you must provide us with a valid credit card or other form of electronic payment (e.g., PayPal) to pay for such Services. When you are purchasing Services, you may be able to choose to purchase on a variable time period (e.g. weekly or monthly). You must provide us with a valid online payment method, such as credit card or PayPal account, and you authorize us to charge the credit card or PayPal account for any fees incurred, as per the Ad Optimization Fees terms below. You will also provide us with an email address and other personal information required for us to process the transaction (“Customer Information”), and shall update such information from time to time as necessary to ensure that the information is at all times accurate. In addition, you agree that we have permission to retain and/or share with financial institutions and payment processing firms (including any institutions or firms we retain in the future) your Customer Information, including your submitted payment information in order to process your purchase.
2. Ad Optimization Fees
Ad Optimization Fees are paid weekly and only when your conversion rate is higher for that week than the baseline conversion rate established from the historic data of the ad group you selected in AMaaS (as per the options you have chosen when you purchased the Services) which is always displayed for your reference in a dashboard for each ad group you select. The Ad Optimization Fee is non-refundable and is paid for services rendered. Adext reserves the right to change those fees at anytime (any such change would only be applicable to our current users upon 30 days notice of the change). Depending on where you transact with us, the type of payment method used and where your payment method was issued, your transaction with us may be subject to foreign exchange fees or differences in prices, including because of exchange rates. We do not support all payment methods, currencies, or locations for payment.
3. Late Payment
If the payment method you use with us is no longer valid (such as a credit card that has reached its expiration date), and you do not edit your payment method information, or cancel your account, we will upon 3 days notice to you, suspend your access to the Services until your payment method has been updated. You will remain responsible to pay fees through to the end of the fee period during which you cancel your account in accordance with the Adext Terms. If any amounts due are not received by us by the due date, then at our discretion, we will ban you and/or your company from any further use of Adext services.
All applicable taxes are calculated based on the billing information you provide us at the time of purchase. You are responsible for paying all Taxes associated with your purchase of Services. If we have the legal obligation to pay or collect Taxes for which you are responsible under this Section 4, the appropriate amount shall be invoiced to and paid by you, unless you provide us with a valid tax exemption certificate authorized by the appropriate taxing authority. “Taxes” means all taxes, assessments, charges, fees, and levies that may be levied or based upon the sale or license of goods and/or services, as the case may be, including all sales, use, goods and services, value added, and excise taxes, custom duties, and assessments together with any installments with respect thereto, and any interest, fines, and penalties with respect thereto, imposed by any governmental authority (including federal, state, provincial, municipal, and foreign governmental authorities).
Any and all payments by or on account of the compensation payable under these Payment Terms shall be made free and clear of and without deduction or withholding for any Taxes. If you are required to deduct or withhold any Taxes from such payments, then the sum payable shall be increased as necessary so that, after making all required deductions or withholdings, we receive an amount equal to the sum we would have received had no such deduction or withholding been made.