Certified Favor User Documentation
WHY, WHEN and WHAT TO DO?
This is only a guideline in order to obtain the Certified Favor User (CFU) -status. Favor Company Inc. may change this policy time to time.
Favor Value Revenue stands for the total earnings that Favor users profile has received in the Favor service. The certification process is a profile-specific.
WHY?
In order to receive Favor Value Revenue straight to your Personal Money Account you will have to apply for the Certified Favor User -status. Remember that earnings directed to your Favor Wallet may be used only in the Service and will not be paid out to you later on.
You have two separate options: to direct your earnings to your Favor Wallet (the default option) and use it only in the Service, or to direct your earnings to your Payout Account from where it goes to your Personal Money Account.
So if you have earned $50 and your Favor Value Revenue is directed to your Favor Wallet you are not able to get the earnings to your personal bank account afterwards. The revenue held in Favor Wallet is used only for purchasing Return the Favors in the Service.
You can direct your earnings to your Payout Account before certification. Your earnings are paid after you acquire the Certified Favor User -status.
WHEN?
You are able to apply for CFU-status after you have received $50 or more as Favor Value Revenue.
Your earnings go to your Payout Account after the Qualification Period (30 days). Your Payout Account's revenue is paid to your Personal Money Account on the 5th day or the next bank day of each month.
We only pay out the monthly earnings if your Payout Account balance is at least $10. If your balance is less than $10 the earned revenue will be held in until you receive $10 in total or more.
WHAT DO I HAVE TO DO?
After receiving $50 total Favor Value Revenue you can access the certification form for Certified Favor User -status. The form will be in your User Panel under Favor Wallet tab.
Be sure that all the information is true and accurate. Favor Company Inc. will certify you by the means we choose from time to time. After this you will gain Certified Favor User -status (CFU). As a Certified User you can give us your personal money account details via your User Panel.
Favor Company Inc. may take reasonable steps to identify you before you are able to give us your Personal Money Account number.
After certification, you can add your Personal Money Account details in your User Panel.
MORE INFO
When certified you are able to give us your Personal Money Account number and after that your Payout Account will be directed straight to your personal bank account monthly.
At the moment, Certified Favor Users can not direct their earnings back to their Favor Wallet. They can still, naturally, fill their Favor Wallet with the regular way.
If you want to change your Personal Money Account information you need to contact Favor Company Inc. http://favorcompany.favor.org/contact
Read the Terms of Service http://favorcompany.favor.org/legal-documents/ for more information.
