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PAYMENT TERMS

Last updated: August 17, 2021

All capitalized terms herein shall have the meaning set forth in the Terms of Service unless otherwise specified herein.
  1. GENERAL TERMS
    1. Company will collect Creator Fees and/or Donations from Users and remit them to the Creators after deduction of the amount of Agency Fee (as set forth below in Table 1). The Company will make an effort to process such remittances on a daily basis but cannot guarantee this. The Creator shall select a currency and a payment method from the available options on the BOOSTY Platform, which will subsequently serve as the default currency (“Default Currency”) and the default payment method (“Default Payment Method”) to receive Creator Fees and/or Donations. When Creator selects the payment method, he/she must provide the Company with the valid information requested on the BOOSTY Platform or requested by Company. The Creator Fees and/or Donations received in a currency other than the Default Currency will be converted, displayed and paid to the Creator in the Default Currency using the exchange rate of the Central Bank of the Russian Federation on the day of their receipt by the Company.
    2. If the Creator chooses a payment method that does not allow for receiving the full amount of Creator Fees and/or Donations due to restrictions set by the applicable payment provider, then the Creator shall select an alternative payment method, if possible on the BOOSTY Platform, or the Company shall be entitled to remit the Creator Fees and/or Donations due to be paid to Creator on a daily basis until the full amount of Creator Fees and/or Donations will be paid. If the Creator chooses a payment method that does not allow for receiving Creator Fees and/or Donations in the Default Currency due to restrictions set by the applicable payment provider, then the Creator Fees and/or Donations will be remitted in the allowed currency using the exchange rate of the Central Bank of the Russian Federation (http://www.cbr.ru/eng) set on the day of the remittance of the Creator Fees and/or Donations by the Company.
    3. The Company hereby informs Users and Creators that the transfer of Donations does not mean that Broadcasters have to provide any services to Users. Donations and Creator Fees are voluntary payments, Users establish their amounts within the limits available in the interfaces of the Boosty Platform. It is not possible to refund Donations or Creator Fees after they were sent to a Creator. The User has a right to complain about the transfer of Donations or Creator Fees, and the Company reserves the right to automatically refuse the User's complaint if such complaint has been filed after the expiry of the calendar day during which the payment was made. Otherwise, the Company reserves the right to follow clause 1.4 of these Payment terms.
    4. The Company may delay for a necessary term (but in no case more than 90 days) and/or cancel any collection of Creator Fees and/or Donations from the User and/or the following payment to Creator for purposes of preventing unlawful activity or fraud, risk assessment, security, or investigation. In case if the Creator Fee and/or Donations exceeds the maximum amount stated in the Terms of Service, the Company will delay the payment of such Creator Fee and/or Donations to Creator for the minimum term of five (5) business days for the purposes stated above.
    5. The Company may deduct or withhold any taxes that the Company may be legally obligated to deduct or withhold from any amounts payable to the Creator under the Agency Agreement. From time to time, the Company may request tax information from the Creator and the Creator shall provide this to the Company.
    6. Starting from the first calendar day following the day the Creator is assigned the Inactive Creator Status, the fee for maintaining the Account on the BOOSTY Platform shall be ten (10) Russian roubles 00 kopecks for one (1) calendar day. In case the Default Currency is other than Russian roubles, the fee shall be thirteen cents (13/100) if the Default Currency is Euro and fifteen (15/100) cents if the Default Currency is US dollars.
    7. "Inactive Creator Status" is the Creator status established by the Company if the Creator has not used his/her Account for more than three calendar months or has not chosen the payment method that will be used by the Company by default to on-pay Creator Fees and/or Donations to the Creator.
    8. The Agreement shall be automatically terminated in case a Creator is assigned the Inactive Creator Status and the amount of Creator Fees for on-payment to the Creator is zero.
  2. BOOSTY AGENCY FEE
    1. Section 2 applies only to the Creator Fees and Donations paid outside VK Donut, OK Donations and MY.GAMES Donations as described in the Terms of Service.
    2. The amount of Agency Fee shall be calculated depending on the payment method that was used by the User to remit the Creator Fee and/or Donations and the sum of the Creator Fee and/or Donations in accordance with Table 1:

      Table 1
      Payment method Agency Fee
      Сredit cards 7%
      QIWI Wallet 7%
      PayPal 7%
      YooMoney 7%
      Apple Pay 7%


    3. The Creator can choose the following available payment methods to receive Creator Fees and/or Donations in accordance with these Payment Terms, provided that the Company’s obligation to remit Creator Fees and/or Donations shall be considered performed at the moment of crediting of the funds to the payment service account of the Creator. The Creator is charged a commission for remittance of Creator Fee and/or Donations as set forth in the Table 2 below.

      Table 2
      Payment Method % of the Creator Fee and/or Donations
      QIWI Wallet 2%
      Credit cards* 2,3% + 25 roubles
      Credit cards (beta)** 1.7%
      WebMoney (WMR, WMZ, WME) 1,5%
      PayPal 2,5%
      YooMoney 2,7%
      VK Pay 0%

      *Limitations for credit cards:
      • Remittance to credit cards. The sum of a one-time remittance to a credit card can be no less than 150 Roubles and is limited to 60 000 Roubles. The maximum cumulative amount of Donations remitted per month is 600 000 Roubles.

      **Limitations for Credit cards (beta):
      • Remittance to credit cards. The sum of a one-time remittance to a credit card can be no less than 150 Roubles and is limited to 100 000 Roubles. Commission for remittance to a credit card of Creator Fee and/or Donations can be no less than 30 Roubles. The maximum cumulative number of remittances to a credit card per month is 50. The maximum cumulative amount of Creator Fee and/or Donations per month is 1 500 000 Roubles.


  3. VK DONUT AGENCY FEE
    1. Section 3 applies only to the Creator Fees and Donations paid while using VK Donut as described in the Terms of Service, and the percentage of the Agency Fee includes the costs of the Company incurred while performing and supporting the integration of certain BOOSTY Services for each of the Users and Creators in VK Donut.
      1. In case the payment of a Creator Fee was performed either (i) after the first six (6) consecutive months from the date of registration of such a Creator in VK Donut and such a Creator was registered on the BOOSTY Platform via VK Donut before December 31, 2020 ; or (ii) in favor of a Creator registered on the BOOSTY Platform via VK Donut after December 31, 2020, the amount of Agency Fee shall be calculated depending on the payment method that was used by the User to remit the Creator Fee and/or Donations and the sum of the Creator Fee and/or Donations in accordance with Table 3 below:

        Table 3
        Payment method Agency Fee
        Сredit cards 10%
        VK Pay 10%


      2. The Creator using VK Donut can choose the following available payment methods to receive Creator Fees and/or Donations in accordance with these Payment Terms, provided that the Company’s obligation to remit Creator Fees and/or Donations shall be considered performed at the moment of crediting of the funds to the payment service account of the Creator. The Creator is charged a commission for remittance of Creator Fee and/or Donations as set forth in the Table 4 below:

        Table 4
        Payment method % of the Creator Fee and/or Donations
        Credit cards 2,3% + 25 roubles
        Credit cards (beta)** 1.7%
        VK Pay 0%

        *Limitations for credit cards:
        • Remittance to credit cards. The sum of a one-time remittance to a credit card can be no less than 150 Roubles and is limited to 60 000 Roubles. The maximum cumulative amount of Donations remitted per month is 600 000 Roubles.

        **Limitations for Credit cards (beta):
        • Remittance to credit cards. The sum of a one-time remittance to a credit card can be no less than 150 Roubles and is limited to 100 000 Roubles. Commission for remittance to a credit card of Creator Fee and/or Donations can be no less than 30 Roubles. The maximum cumulative number of remittances to a credit card per month is 50. The maximum cumulative amount of Creator Fee and/or Donations per month is 1 500 000 Roubles.


  4. OK DONATIONS AGENCY FEE
    1. Section 4 applies only to the Creator Fees and Donations paid while using OK Donations as described in the Terms of Service, and the percentage of the Agency Fee includes the costs of the Company incurred while performing and supporting the integration of certain BOOSTY Services for each of the Users and Creators in OK Donations.
      1. The amount of Agency Fee shall be calculated depending on the payment method that was used by the User to remit the Creator Fee and/or Donations and the sum of the Creator Fee and/or Donations in accordance with Table 5 below:

        Table 5
        Payment method Agency Fee
        Сredit cards 5%


      2. The Creator can use the payment method, available in OK Donations, to receive Creator Fees and/or Donations in accordance with these Payment Terms, provided that the Company’s obligation to remit Creator Fees and/or Donations shall be considered performed at the moment of crediting of the funds to the payment service account of the Creator. The Creator is charged a commission for remittance of Creator Fee and/or Donations as set forth in the Table 6 below:

        Table 6
        Payment method % of the Creator Fee and/or Donations
        Credit cards* 2,3% + 25 roubles
        Credit cards (beta)** 1.7%
        QIWI 2%

        *Limitations for credit cards:
        • Remittance to credit cards. The sum of a one-time remittance to a credit card can be no less than 150 Roubles and is limited to 60 000 Roubles. The maximum cumulative amount of Donations remitted per month is 600 000 Roubles.

        **Limitations for Credit cards (beta):
        • Remittance to credit cards. The sum of a one-time remittance to a credit card can be no less than 150 Roubles and is limited to 100 000 Roubles. Commission for remittance to a credit card of Creator Fee and/or Donations can be no less than 30 Roubles. The maximum cumulative number of remittances to a credit card per month is 50. The maximum cumulative amount of Creator Fee and/or Donations per month is 1 500 000 Roubles.


  5. MY.GAMES DONATIONS AGENCY FEE
    1. Section 5 applies only to the Creator Fees and Donations paid while using MY.GAMES Donations as described in the Terms of Service, and the percentage of the Agency Fee includes the costs of the Company incurred while performing and supporting the integration of certain BOOSTY Services for each of the Users and Creators in MY.GAMES Donations.
      1. The amount of Agency Fee shall be calculated depending on the payment method that was used by the User to remit the Creator Fee and/or Donations and the sum of the Creator Fee and/or Donations in accordance with Table 7 below:

        Table 7
        Payment method Agency Fee
        Сredit cards 7%
        VK Pay 7%


      2. The Creator using MY.GAMES Donations can choose the following available payment methods to receive Creator Fees and/or Donations in accordance with these Payment Terms, provided that the Company’s obligation to remit Creator Fees and/or Donations shall be considered performed at the moment of crediting of the funds to the payment service account of the Creator. The Creator is charged a commission for remittance of Creator Fee and/or Donations as set forth in the Table 8 below:

        Table 8
        Payment method % of the Creator Fee and/or Donations
        Credit cards 2,3% + 25 roubles
        Credit cards (beta)** 1.7%
        VK Pay 0%
        QIWI Wallet 2%
        WebMoney (WMR, WMZ, WME) 1,5%
        PayPal 2,5%

        *Limitations for credit cards:
        • Remittance to credit cards. The sum of a one-time remittance to a credit card can be no less than 150 Roubles and is limited to 60 000 Roubles. The maximum cumulative amount of Donations remitted per month is 600 000 Roubles.

        **Limitations for Credit cards (beta):
        • Remittance to credit cards. The sum of a one-time remittance to a credit card can be no less than 150 Roubles and is limited to 100 000 Roubles. Commission for remittance to a credit card of Creator Fee and/or Donations can be no less than 30 Roubles. The maximum cumulative number of remittances to a credit card per month is 50. The maximum cumulative amount of Creator Fee and/or Donations per month is 1 500 000 Roubles.


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