Payment Policy

Last Revised January 29, 2016.
This Payment Policy forms part of the Member Agreement and is incorporated by reference therein. Capitalized terms not defined herein will have the meanings set forth in the Member Agreement and related policies.
1. PsychicCenter's payment responsibilities for Advisor Services you provide are subject to restrictions and limitations.
The Member who initiates a Transaction with an Advisor through the Site is solely responsible for payment of any and all fees for the Transaction. PsychicCenter shall not be obligated to pay any Advisor fees for which PsychicCenter has not been fully paid by the Member or Member's credit card issuer, bank, or other payment method as applicable. You hereby authorize PsychicCenter to collect payments from Members on your behalf for any and all Transactions that you conduct. PsychicCenter will credit to your Member account the fees collected by PsychicCenter less PsychicCenter's commissions set forth below, any tax withholdings required by law, and any refunds, discounts, chargebacks and chargeback fees payable by PsychicCenter (the 'Net Fees').
Live Calls. Advisors are responsible for establishing the rate per-minute charged to Members when using the Advisor's services. The Company collects this per-minute rate from Members on behalf of the Advisors. In exchange, the Company retains sixty-three percent (63%) of the collected payment and remits thirty-seven percent (37%) of the collected payment to the Advisor.
The above terms and fees are subject to change upon notice.
2. Advisor Fee Remittance.
  1. PsychicCenter will distribute Advisor fees to you from your Member account, which will be debited on the first (1st) and sixteenth (16th) calendar date of every month. If the first (1st) or sixteenth (16th) calendar date falls on a weekend or holiday, Advisor fees will be debited the following business day. PsychicCenter makes payments only in U.S. dollar denominations.
  2. All advisors will receive fees by direct deposit via ACH, and must have a registered U.S. bank account that is eligible for ACH transfers and otherwise meet the direct deposit requirements.
  3. You are solely responsible for (i) all hardware, software and other costs incurred in using the Site, and (ii) determining, collecting, reporting and paying any applicable state and federal sales, income or other taxes. PsychicCenter may withhold taxes from amounts issued to Advisors as required by law and reserves the right in its sole discretion to suspend or close a Member account until tax information, including, but not limited to, a Taxpayer Identification Number (TIN), is accurately collected.
  4. PsychicCenter reserves the right in its sole discretion to institute a chargeback policy as PsychicCenter deems appropriate. PsychicCenter reserves the right to withhold issuing payment for your fees without notice on any transaction which in our sole discretion suggests that the Member or Member's bank may not fulfill his or her payment obligation. PsychicCenter reserves the right to hold funds beyond the normal distribution periods for transactions it deems suspicious to ensure integrity of the funds.
  5. PsychicCenter reserves the right to close a Member account at any time without reason or notice, including, but not limited to, a violation of this Payment Policy, and payment to the Advisor of any unrestricted funds held in custody.
  6. PsychicCenter reserves the right to restrict payments from a Member account for any of the following reasons. If your Member account is identified for review, you will be notified by email and requested to provide information relevant to your Member account. PsychicCenter will use reasonable efforts to promptly investigate the matter and /or reach a final decision on the restriction. If the investigation result is in your favor, PsychicCenter will unrestrict your Member account. If the investigation result is not in your favor, PsychicCenter may return funds to the Member and unrestrict the remainder of your Member account, will continue the restriction for up to one-hundred-and-eighty (180) days as to funds necessary to protect PsychicCenter against the risk of chargebacks, or may close your Member account with or without giving you notice and mailing a check for any funds in your Member account that are not in dispute to the address that you have provided. If you are later determined to be entitled to any disputed funds, PsychicCenter will make an additional payment of those funds to you. Reasons may include, but are not limited to, the following:
    • Reports of unauthorized or unusual credit card use associated with the Member account including, but not limited to, notice by the card issuing bank
    • Reports of unauthorized or unusual bank account use associated with the Member account
    • Receipt of potentially fraudulent funds
    • Excessive disputes or chargebacks
    • Refusal to cooperate in an investigation or provide confirmation of identity when requested
    • Sending unsolicited email or posting referral links on websites where they are not permitted
    • Opening multiple Member accounts under different names to facilitate fraudulent activity
    • Suspected violations of the Member Agreement
    • Name on the bank account associated with the Member account does not match the name on the Member account
    • Return of an incoming Electronic Funds Transfer for insufficient funds in the bank account, incorrect bank routing number or incorrect bank account number
    • Use of an anonymizing proxy
    • Any other circumstances which cause PsychicCenter to believe that a Member account may be being used for fraudulent purposes