“Collected” refers to the points accumulated by the registered partner through paid purchases with Versatech International.
“Earned” refers to the points available for redemption upon hitting the VIVID challenges.
“Redeemed” refers to used-up earned points, already converted to rewards.
“VIVID Challenges” are pre-defined programs that the partner must meet to convert collected points to earned points.
"Rewards" means the goods and services, listed and described in the partner portal, either in the form of credit note or gift voucher.
“Accelerated points” is a special feature under the program that allow partner to earn additional Bonus Points for pre-defined transactions or promotions.
PLEASE READ THIS IMPORTANT INFORMATION ABOUT HOW VERSATECH WILL COMMUNICATE WITH YOU: When you register to participate in the VIVID program you must provide us authorized contact email address. Versatech will use the email address to communicate about the program (for example, confirming points earned or points redeemed), and to send marketing and promotional messages.
Purchases with special pricing/discount extended/special programs, maybe excluded from computation but with notice.
Versatech reserves the right to change the Bonus Points earning rate and restrict or limit the number of Bonus Points earned on each transaction in connection with special programs and promotional activities.
Versatech may eliminate, limit, or investigate a participant, or cancel unredeemed points, if there is suspicion of fraud in a participant's purchase, or abuse of the rewards program or breach of the its terms.
Collected points expire at the end of the year. Redemption of points from the redemption catalog is limited by the availability of the product. Versatech cannot guarantee immediate availability.
Points may be redeemed only by the authorized contact. Points are linked to the email which were registered. Points are non-transferrable.
All point redemptions are final.
Points cannot be redeemed for cash. Points can only be redeemed for discounts/ purchase of Versatech print products, services described in this program, or item specified in the rewards catalog.
Versatech reserves the right to reduce a participant's points based on returns or credits for the products that originally earned the points.
Versatech has the right to correct at any time, any computation or posting of points that has been deemed to be erroneous.