Dear TotemCash Affiliate,

Reminder!
We recently updated the Terms Of Use for our affiliate program so that they reflect the European law about the VAT collection.

What's new in the Terms ?
European trade legislation binds us to collect the VAT on all the transactions made by European customers.
As a French company, we're binded to collect and pay 19.6% VAT.

It means that from now on, the VAT will be deducted from all European transactions and the revsharing amount will be calculated as follows:
[Price - 19.6% VAT (only for European customers) - BillerFee] * RevsharePercent (50%) * ChangeRate (Euro/USD)

To maintain your affiliate relationship with TotemCash you must accept our new Terms of Use.
If you haven't done it yet, please take a minute to login to TotemCash and confirm that you accept the new Terms by checking the corresponding box in the field that appears above your stats.