PEX Business Credit Rebate Terms and Conditions
TERMS AND CONDITIONS:
Customers will receive a monthly Rebate equal to 1.00% for all qualifying purchases. The Rebate will be automatically applied as a statement credit at the end of each statement period.
Purchases made outside of the US and non-Visa network transactions do not qualify. The following are not qualifying transactions and will not be eligible for a Rebate: chargebacks and reversals, items returned for credit, disputed or unauthorized purchases, fraudulent transactions, any cash or cash-like transactions, fees, and charges. We may determine that a transaction is excluded from eligibility for earning a Rebate in our sole discretion at any time. In addition to any other rights of recovery we may have, we will have the right to offset any Rebate amount paid for an ineligible transaction against future Rebate payments.
If Customer’s Account is closed for any reason or is not in good standing during the calendar month or in the next subsequent calendar month after a Rebate is earned, Customer will not earn a Rebate. If PEX sees evidence of fraud, misuse, abuse, or suspicious activity, as determined by us in our sole discretion, we reserve the right to take action. This may include, without limitation and without prior notice, any or all of the following: canceling any accrued but unpaid Rebate; reversing any prior Rebate credit made; taking legal action to recover any Rebate made in connection with such activity, including without limitation to recover our monetary losses, any litigation costs and fees, and damages.
Rebate payouts are subject to the terms listed in the PEX Master Services Agreement.