MYcroPESA Cashback

Summary Agreement

Between:
Trader: ____________________________
Sales Agency: DataMax Business Systems

1. Purpose

DataMax Business Systems will promote and sell the trader’s products to clear unsold or slow-moving stock efficiently.

2. How It Works

We promote your products and bring verified buyers.
Sales operate under the DataMax dealership account.
Shoppers may earn PESA Coins in escrow.
Sales are reconciled daily and remitted via M-Pesa.
Unsold products are returned at the end of each day.

Facilitation Clause: DataMax may temporarily purchase designated unsold products to maintain sales flow. If not sold within the agreed period, the trader shall accept return at the original agreed value.

3. Commission

DataMax earns 15% commission on market price. Traders receive 85% of daily sales after reconciliation via M-Pesa.

4. Trader Responsibilities

Provide accurate pricing and product details.
Maintain sufficient stock levels.
Confirm daily reports and remittances.

5. DataMax Responsibilities

Active marketing and promotion.
Customer engagement and payment handling.
Daily reporting and transparent reconciliation.

6. Duration & Termination

This agreement remains active during promotion periods. Either party may terminate upon notice after clearing balances.

7. Dispute Resolution

All matters shall be resolved amicably under the laws of Kenya.

Trader Name & Signature

_______________________________
Date: ____________

DataMax Representative

_______________________________
Date: ____________

Sales Promotion Agreement

Summary Agreement

1. Purpose

2. How It Works

3. Commission

4. Trader Responsibilities

5. DataMax Responsibilities

6. Duration & Termination

7. Dispute Resolution

Partner with DataMax Business Systems for MYcroPESA Promotions

Download the Contract