Payment Terms & Conditions


Upon creating a Glymt account, Users may choose a subscription plan ( information concerning our available plans can be found on https://glymt.com/pricing/subscriptions and bellow) or license content. Information concerning our content plans can be found on https://glymt.com/pricing/license)

The Royalty Fee licensing price for a video might differ according to whether it is being licensed through a request, through the stock, through our partner network or through the editor, and the value will be specified at the time of purchase.

Users can sign up for a Glymt subscription plan, pre-acquire Glymt Credits (packages) with discounted prices or licensing individual content on Glymt. Therefore, the Licensee can pay through:

  1. Website Stripe or Paypal payment for subscriptions or content
  2. Using the balance of pre-acquired Credits (Glymt website only).
  3. Content payments on Glymt Mobile Apps processed through App Store (iOS devices) and Google Play (Android devices).
  4. All payments are final and binding and will not be refunded to a Licensee under any circumstances, unless proven defected.

Once the Licensee (an individual, business or organization), acquires a royalty free license for the use of the select Content, it will be available in the Account, where it may be downloaded at any time, as many times as the Licensee needs.

Payment of the Content is made by the Licensee through the purchasing process on our Service, therefore Glymt receives the License Fee on behalf of the Contributor. We will inform the Creator about their content sales after receipt of payment by a sales notification within the app and/or by email and its Contributors Account will be updated. This process takes as longs as needed for our payment processing partners to validate the transaction.


CREATORS

Payments to Creators are made via the Glymt website through Paypal or Western Union. As soon as users submit a payout request it will be processed by those services usually within 7 days after receiving the request.

Contributors must provide a PayPal or Western Union Account in order to receive Royalty Fees, and will be able to transfer their funds from the User Account.

There is a minimum payout rate of twenty-five US Dollars (USD 25.00) per payment. Glymt reserves the right to at any time, change the minimum payout rate, and will notify the Users of such changes.

The Contributor may request payment to be made even if the balances on the User Account is below the minimum payout rate of twenty-five US Dollars (USD 25.00) as long as he pays a $5 US Dollars processing fee.

If you cancel the Account prior to accrue earnings in your royalty account totaling twenty-five US Dollars (USD 25.00) in royalties, such royalties will be forfeited by you.

Glymt does not withhold taxes from your royalties. therefore, Users agree and understand that they are responsible for their own claims and taxes. Glymt will make available an invoice for the payment if the creator requires it for tax purposes in the withdrawals page.

Please note that any information Users enter on a third-party website, will be shared with the owner of the third-party website or application, and that the information provided is no longer under the protection of these Terms & Conditions, and is subject to the third-party Privacy Policy


CLIENTS

When you sign up for a Glymt subscription plan you receive our Services based on the following pricing policies:

  • Paid subscription -  Glymt's subscription plans enables you full access to the Service and its functionality and might include free content offers https://glymt.com/pricing/subscriptions
  • Billing cycle -  All plans are based on a periodic (monthly, annual) billing cycle and enable you to download the edited video you created on the Site and share it. Your cycle starts on the date that you committed to your plan. It resets for a new cycle at the end of the period. Depending on its specifics, your plan entitles you to a certain number of videos per period and functionalities.
  • Subscription renewal - Unless you cancel your subscription, your subscription will automatically renew at the then-current fee. We reserve the right to change the subscription fee for any renewal term to be effective upon the renewal of your subscription.
  • Subscription termination or cancellation - Your subscription will continue indefinitely until terminated in accordance with the terms of this Agreement. After your initial subscription period, and again after any subsequent subscription period, your subscription will automatically commence on the first day following the end of such period (each a "Renewal Commencement Date") and continue for an additional equivalent period, at the Company's then current price for such subscription. You agree that your Account will be subject to this automatic renewal feature unless you cancel your subscription at any time prior to the Renewal Commencement Date by logging into your Account and confirming the “cancel plan”.
  • Subscription limits - If you reach your download limit according to your current plan, you will have the option to upgrade to a larger plan or license video a la carte. If you choose to buy an extra video a la carte, we will make a onetime charge to the credit card already associated with your account.
  • Guarantee Refunds:
    • Annual subscriptions: If you cancel your Annual subscription within 7 days of original purchase, you will receive a full refund of your subscription fees, subject to the restrictions below. If you cancel your annual subscription after 7 days, your payment will be non-refundable, and your service will continue until the end of your contracted term.
    • Monthly subscriptions: If you cancel your monthly subscription within 7 days of original purchase, you will receive a full refund of your subscription fees, subject to the restrictions below. If you cancel your monthly subscription after 7 days, your payment will be non-refundable, and your service will continue until the end of that month’s billing period.
    • Restrictions: The refund only applies for 7 days after the original subscription purchase, not for subsequent renewals. Furthermore, our refund policy does not apply if you have downloaded a video.
    • Changing plans. You can upgrade or downgrade your package subscription plan through your web account page.
  • Notes:
    • Prices are exclusive of VAT and other applicable taxes. Clients should make payment without any withholding or deduction for any reason.
    • Glymt reserves the right to change or supplement the subscription plan fees and any other charges and billing procedures, at any time. Such changes shall be effective immediately upon posting an update of these Terms or posting such changes elsewhere on the Site.
    • If there is a dispute regarding your payment of fees Glymt shall have the right to terminate your account without prior notice.