ABOUT US

FETHARD: A Closer Look

Fethard provides valuable financial services for its Clients. Our proprietary payment systems are technologically and functionally advanced, yet very user-friendly for our Clients. Fethard Clients appreciate the variety of payment mechanisms available to them, as well as the strict security and privacy they are guaranteed as users of our systems.

B2B payment systems are an integral element of the Online economy. It is essential that Sponsor Programs and their Resellers have a trusted mechanism to track sales and facilitate payments. However, the current environment is one of heightened concerns regarding financial improprieties, such as identity theft, credit card fraud, money laundering, funds being diverted to support illegal groups and activities, etc. As a result, Fethard and others in this industry must adhere to strict procedures when qualifying new Client Applicants, facilitating financial exchanges between Sponsors and Resellers, facilitating foreign currency exchanges and processing customer payments for our Service Account Clients.

In the interest of full disclosure, Fethard Clients should be aware of the following:

1. Fethard is a Type "A" licensed corporation and is authorized to be an intermediary with third party funds.

2. Fethard is not a "shell" institution. We are fully compliant with UPA (Sec. 311-330) and applicable anti money-laundering laws and regulations.

3. Fethard operates under the brand "Fethard Finance" and provides strictly B2B and B2C payment services, for Clients who maintain on Online presence and are engaged in e-commerce. Individuals and companies, which operate Sponsor Programs are called "Clients". Individuals and companies, which participate in Sponsor Programs and who are paid commissions on revenues generated for their Sponsors are called "Resellers".

In order for any Client to qualify to use Fethard Finance services, they must be actively engaged in legal e-commerce activities. Fethard requires strict adherence to its compliance requirements. We do not provide financial services for entities, which operate strictly Offline. This is because Fethard is committed to following the "know your client" principal. Fethard payment services are used by Sponsors and Resellers who are KNOWN to us, to send and receive payments to each other. Over the years, Fethard principals have come to know many of the most successful Sponsor Programs on the Internet, as well as the Resellers who participates in them. This close knowledge of the Sponsors, their Programs and the Resellers allows Fethard to tightly qualify its Clients to insure the highest level of integrity for all financial transactions between them.

4. Client Access and Privileges based on "Levels". Upon acceptance, Fethard assigns each Client a "Level", which defines the types of services they may receive from us, the limits on incoming and outgoing funds, as well as the types of financial transfers, which can be completed within that account. The different Account Levels, how they are determined and the privileges that come with them are described below.

Level 1 - Brand new Clients, which are not personally known to Fethard.

Restrictions: Can not receive incoming financial transfers from non-corporate entities. This restriction eliminates the risk of Fethard being abused by lottery schemes and other such illegal activities. Incoming volume cap of 10,000 USD/Euros per month. Automated incoming financial transfers (such as with various electronic payment providers like E-Gold and Webmoney or companies with B2B payment models similar to Fethard, such as Finex) are capped at several hundreds of dollars per transfer. (Because the cap amount changes from time to time and for security purposes, we do not divulge the exact amount of the cap). Transfers above the cap amount must be handled by a live Fethard operator.

Level 2 - Existing Clients who are known to Fethard and who have verifiable financial services history with Fethard. These Clients have similar restrictions to Level 1.

Restrictions: Can not receive incoming financial transfers from non-corporate entities. Incoming volume cap of 20,000 USD/Euros per month. Automated incoming financial transfers (such as with various electronic payment providers like E-Gold and Webmoney or companies with B2B payment models similar to Fethard, such as Finex) are capped at several hundreds of dollars per transfer. (Because the cap amount changes from time to time and for security purposes, we do not divulge the exact amount of the cap). Transfers above the cap amount must be handled by a live Fethard operator.

Level 3 - Clients who are well-known to Fethard and who have a lengthy Fethard relationship.

Restrictions: Limits (higher than with Level 1 & 2) on the amount on money that can be transferred in and out of their accounts. Can send payments to Resellers and receive payments from other Sponsors and other business entities.

Level 4 - Clients who are very well-known to Fethard principals, who have had a prior business relationship with and who have met face-to face with Fethard principals.

Restrictions: No Restrictions. Level 4 Clients have full access to all Fethard financial services and no limits on sending or receiving funds.

5. Account Designations. Every Client Application that is submitted to Fethard is thoroughly reviewed and analyzed. Based on our knowledge of the Client, the types of services they offer, whether or not they operate or participate in a Sponsor Program, as well as the answers provided on their Application, each approved Client is assigned an Account Type. The Account Types are described below.

1. Sponsor - Web entrepreneurs often seek to increase their promotional reach by distributing their goods and services through Resellers, who are paid commissions on the sales they generate. These are called "Sponsor Programs" or "Affiliate Programs". Clients who operate Sponsor Programs are assigned the "Sponsor" Account Type. 2. Reseller - the individual or entity, which contracts with a Sponsor to engage in the activity of promoting and reselling the Sponsor's goods and services and are paid commissions on the sales generated are designated as "Resellers". 3. Professional Services - Companies desiring to use Fethard's payment system to facilitate end-user payments in the e-commerce B2C service industries, such as offered by Web Hosting and Web Design firms are called "Professional Services".

6. Fethard Finance keeps an updated database of recognized payers, payment processors, and other reputable e-commerce companies, which Fethard Finance will accept transfers from. Any transfer from an unrecognized payer, which is considered suspicious for any reason, will be subject to an immediate investigation. Any such investigation, which determines that a Fethard regulation has been violated or that the Sponsor/Client, Reseller or Professional Services Client is in breach of Fethard's Terms and Conditions of Service, will result in the immediate account termination of the offending party, as well as a criminal prosecution, if warranted.

7. Fethard maintains at all times, sufficient liquid assets to operate its business, to meet its financial obligations and to meet the requirements of all organizations, which govern over its financial activities and solvency. Fethard is not engaged in any investments, which would be considered "high-risk".

8. Fethard understands the critical nature of data security and has undertaken extensive efforts to insure the integrity of all Fethard and Client data. We offer our Clients state-of-the-art, industrial-strength security - including user authentication, SSL encryption, digital certificates, and firewall architecture for our internal systems.

Technically speaking: Fethard Finance resides on a tier-one class protected server cluster network, behind several lines of e-defenses, with constantly upgraded hardware firewalls, hardware IDSes and advanced loadbalancers. The network has been certified to meet the requirements of applicable industry security standards. The certification report is available if requested in an official capacity and/or if reasonably requested by a prospective Client as part of their due-diligence process. The Report contains highly confidential data in relation to our network security.

About our software: Fethard Finance has developed proprietary software, which supports all Client Accounts. Client Accounts area username and password protected. Access is further protected using standard digital encrypted keys. For a small fee Clients may opt to use hardware encrypted USB keys to access their account. Hardware encrypted USB keys provide even greater protection than common bank account protection methods. This is technology that is well-understood by Fethard Finance, as a result of its many years of involvement in Internet financial services.

9. Prohibited activities.
Fethard's Clients enjoy the sophisticated security procedures put in place on our systems, as well as the simplicity of its features. These two factors combine to make the Fethard payment system one of the finest solutions offered in the industry. As more and more e-businesses seek out these types of financial services, the resulting e-commerce that is generated:contributes to the strength of the overall Online economy.

However, there are a number of activities, which are strictly prohibited by Fethard and which the company will decline to provide services. Additionally, Fethard will immediately report such activities to the relevant local and/or international authorities, which govern over the offending party. Prohibited activities include child pornography, denial of service (ddos) attacks, funding related to ransoms, funding which is known to support terrorism, stolen funds, funds obtained illegally and any other funds, which are involved in activities deemed inappropriate by Fethard. Accounts determined to be involved in such prohibited activities will be terminated immediately, with the matter being reported to the proper authorities. Fethard reserves the right to deny service to any prospective Client for any reason, at its own discretion.

10. Legalities related to issuance of "cards". Fethard can not, itself, issue credit cards. Fethard is a Registered Agent of its banking partners and acts strictly in accordance with the Agreements that govern its Agent status. Please note that Fethard's is also compliant with applicable laws, rules and regulations of international credit card associations.

11. Legalities related to card "leasing". Fethard does not actually "lease" credit cards to its Clients. The term "lease" is used strictly as a marketing description for the service offered to Clients, in which the Client "hires" Fethard to make a purchase on their behalf. This service is offered to provide "peace of mind" to the Client, who may fear identity theft and does not wish to submit their own credit card for use in an Online transaction. Any credit card offered for use by Fethard in such transactions is subject to any and all liability related to the transaction.