APEX Champions Terms & Conditions

Paynada’s Sales Incentive Program

Additional income opportunities are earned as APEX benefits and are subject to change. The opportunity to earn these additional cash payouts, bonuses, and residuals occurs during a qualification period, but the additional residuals are paid on installed margin during an eligibility period. Example: achieve Platinum APEX requirements from installations between July -December 2023, and earn an additional 2.5 % residual on accounts installed between January-June, 2024. 

After the qualifying period is over, all accounts will be inspected and verified to confirm volumes and margin totals are accurate. APEX status is recalculated every six months. January-June and July-December are the qualification periods for all categories. 

You must be in good standing with Paynada, as defined by:

• • No AR balance 
  • No merchant complaints 
  • Adherence to the policies set forth upon hiring and your employee agreement
    

Tier Itemization: 

Green: 60k installed margin and 4/6 months 10k installed margin 

• • Custom swag 
  • Custom email signature 
  • Upgraded business card 

Gold: 72k installed margin and 4/6 months 12k installed margin 

• • Custom swag 
  • Custom email signature 
  • Upgraded business card 
  • 5% bonus increase 
  • $1500 cash incentive  

Platinum: 120k installed margin and 4/6 months 20k installed margin 

• • Custom swag 
  • Custom email signature 
  • Upgraded business card 
  • 5% increase in residual 
  • 5% bonus increase 
  • $3500 cash incentive  
  • Seat on Leadership Advisory Board 

Black: 250k installed margin and 6/6 months 42k installed margin 

• • Custom swag 
  • Custom email signature 
  • Upgraded business card 
  • 7.5% increase in residual 
  • 5% bonus increase 
  • $5000 cash incentive  
  • Individualized marketing support 
  • Seat on Leadership Advisory Board