🏦Onboarding Fund

As part of our onboarding drive, we want to support Merchants in adopting our services. To incentivise Businesses to adopt Walio as their preferred Cryptocurrency Payments system, we have set up our Onboarding Fund. This will help Merchants with covering any development or hardware costs and also allow them to take advantage of some of the lower fees by being able to pay them in WALIO.

We have added 1,000,000 WALIO to our Onboarding Fund for Merchants to claim after setting up their Merchant Account.

We will also will set aside up to 15% of funds raised through Our token sale into the Onboarding Fund.

Eligible Merchants can make an application for amounts (capped at $2,000 USD) for various things such as:

• Development costs for migrating over to Walio

• For hardware to facilitate Walio Payments (e.g i-Pads or Tablets)

General Terms

• Merchant Account must be verified

• The Claimant must be the Representative of the Merchant Account

• WALIO Claim Specific:

  • 50 WALIO per claim (This may change)

  • 1 Claim for WALIO per Merchant account, capped at 2 claims per User Account

  • Any WALIO received will be non-withdrawable, for use within the WALIO application itself

• Development/Hardware Claim Specific:

  • Claims capped at $2,000 USD

  • 1 Claim per User Account for development/hardware costs

  • A minimum of 6 months of Merchant Account activity or $150,000 worth of Payment Volume