General Questions
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1. What is FinTechPoint?
FinTechPoint is a global partner payment automation system and accounts payable software to manage, execute and reconcile the entire process of making outbound payments to partners and suppliers. If you currently need to pay a hundred or more payees routinely, including across international borders, there is no system more global, powerful or comprehensive. FinTechPoint eliminates over 80% of the workload required to manage payments, while ensuring tax and regulatory compliance, and improving the partner payment experience.
2. Does FinTechPoint only remit payments?
Payment remittance is certainly a core function to FinTechPoint’s solution, allowing mass payments to be made out to payees across 196 countries. However, FinTechPoint also streamlines the entire payment management process for companies from payee registration through to invoice processing, tax and regulatory compliance, remittance, payment issue resolution, fraud risk mitigation, and payment reconciliation and payee reporting.
The system handles all payment tax and regulatory compliance requirements, including tax form collection, 1099 / 1042-S processing, and ensuring that all payees are not on any international anti-terrorism, anti-drug trafficking, and anti-money laundering watch lists prior to payments being made. FinTechPoint also enhances the partner payment experience to help you better attract and retain partners by offering them choice of different payment method and currency and by improving payment timeliness and accuracy results.
3. What is a Payee? What is a Payer?
A payee is the person receiving funds and the payer is the one paying out to the payee. Depending on industry, terminology may vary:
| PAYER INDUSTRY | PAYEE |
|---|---|
| Traditional Accounts Payable | Suppliers / Vendors |
| Ad Networks | Publishers / Site Owners |
| Affiliate Networks | Affiliates / Referral Partners |
| Monetization Networks | Publishers / Content Owners / App or Game Developers / Licensors / Artists / Producers |
| Crowdsourcing Networks | Contributors / Freelancers / Gig Workers / 1099 Contractors |
| Marketplaces (Online) | Partners / Suppliers / Vendors |
| Translation Networks | Translators |
| Learning Networks | Educators / Contributors |
4. Does FinTechPoint support pay-in / merchant processes?
FinTechPoint is strictly an accounts payable automation platform and is focused exclusively on resolving the pain of payments out to partners, suppliers, and vendors.
Regular & Extended Licenses
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1. What does royalty free mean?
Yes. One purchase of Sway allows you to use the theme on one finished site. If you need to use it on a second site, it requires you to make a second license purchase.
2. What does non-exclusive mean ?
Yes, you can. You can keep the theme on a test site to build it, then move it to the live site once you’re finished. Yes, you can. You can keep the theme on a test site to build it, then move it to the live site once you’re finished.
3. What do you mean by item and end product ?
According to the licensing rules set by Envato, this is not allowed. If it is installed in two places permanently, then it requires two licenses.
4. What is a single application ?
If you are going to use the item on one domain or multiple subdomains, you only require one Regular Licence. However, if you are going to use the item on multiple domains, then you will need to purchase a Regular Licence for each domain.
Advanced questions
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1. If I need to use Sway on a second site ?
Yes. One purchase of Sway allows you to use the theme on one finished site. If you need to use it on a second site, it requires you to make a second license purchase.
2. Can I use Sway on a test site ?
Yes, you can. You can keep the theme on a test site to build it, then move it to the live site once you’re finished. Yes, you can. You can keep the theme on a test site to build it, then move it to the live site once you’re finished.
3. Can I keep a test site and a live site with one license ?
According to the licensing rules set by Envato, this is not allowed. If it is installed in two places permanently, then it requires two licenses.
4. Do I need to buy a new license for a subdomain ?
If you are going to use the item on one domain or multiple subdomains, you only require one Regular Licence. However, if you are going to use the item on multiple domains, then you will need to purchase a Regular Licence for each domain.
Permitted multi-use
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore aliqua.
1. What does royalty free mean?
Yes. One purchase of Sway allows you to use the theme on one finished site. If you need to use it on a second site, it requires you to make a second license purchase.
2. What does non-exclusive mean ?
Yes, you can. You can keep the theme on a test site to build it, then move it to the live site once you’re finished. Yes, you can. You can keep the theme on a test site to build it, then move it to the live site once you’re finished.
3. What do you mean by item and end product ?
According to the licensing rules set by Envato, this is not allowed. If it is installed in two places permanently, then it requires two licenses.
4. What is a single application ?
If you are going to use the item on one domain or multiple subdomains, you only require one Regular Licence. However, if you are going to use the item on multiple domains, then you will need to purchase a Regular Licence for each domain.