What is the myKINCO Social Shopping Platform?
The myKINCO Social Shopping Platform is a buying syndicate operating world-wide with a company and bonus sharing system.
How does myKINCO function?
myKINCO agrees with affiliated sellers and providers that they offer a certain rebate on purchases. These purchasing rebates you may withdraw in the form of Cashback Direct or you use the rebates to participate in the TimeStamp Advancement Programme.
What is the TimeStamp Advancement Programme?
The TimeStamp Advancement Programme is an in-house software development incorporating strategic functions and mathematical formulas in order to provide our clients with an economically attractive bonus system.
How does the TimeStamp Advancement Programme function?
The first time you have collected 50 PrivilegePoints (PPs) through rebats on your purchases you may register as a Card Member. You immediately receive a Card Member TimeStamp accurate to the thousandsth of a second that is then pushed by all the later TimeStamps through a virtual tunnel with five (5) sectors. Whenever the TimeStamp reaches the end of a sector, your share in the world-wide consumption turnover will be paid out in the form of bonuses. This means the TimeStamp runs through a business process that will be profitable for you.
What is a TimeStamp?
A TimeStamp is the recording of the time (according to GMT ±0), initiated by the Card Member and is the entry into the TimeStamp Advancement Programme.
The TimeStamp is an electronic time record and serves as the evaluation basis for the shares.
A clever mathematical formula calculates the billed world-wide consumption turn-over following any TimeStamp and channels the profits to the Card Members who timewise are placed before the actual TimeStamps.
What is a PrivilegePoint?
The PrivilegePoint is a world-wide valid accounting unit for rebates that you receive on your purchases; or you may have them paid out; or they serve for you earning money in the TimeStamp Advancement Programme; or you may donate them to myPearls for Charity for its charitable projects.
Important Notice: The PrivilegePoint is not an official currency.
What is the value of a PrivilegePoint?
Independent of the actual country currency, a PrivilegePoint always retains the value of one Swiss franc ( 1 CHF).
What may I do with the credit earned through the TimeStamp Activation?
You may have the credit transferred to your bank account, you may charge your mobile payment account with it and thus purchase cashlessly, you may acivate a Charity TimeStamp, or you may donate a part or all of it for the charitable projects of myPearls for Charity, and lastly you may also acquire an investment contract.
Does one always need at least 50 PrivilegePoints to activate a TimeStamp ?
No, this is only necessary for the first-time activation as a Card Member and when buying Securities Certificates. All further activations may be done with a minimum of five (5) PrivilegePoints.
What is a Consumer Only?
Any client of SystemPartnern who receives rebates in the form of PrivilegePoints, collects and activates these and have them transferresd directly to his bank account as Cashback (minus 30% contribution margin for myKINCO). He does not participate in the TimeStamp Advancement Programme.
What is a Card Member?
A Card Member is a full member of myKINCO and is eligible to participate in the TimeStamp Advancement Programme. You may become a Card Member by collecting 50 PrivilegePoints or by a one-time payment of 50 CHF.
What is a SystemPartner?
All companies affiliated with myKINCO and offer their clients rebates in the form of PrivilegePoints are called SystemPartners.
What types of TimeStamps are there?
There are six different types of TimeStamps with individual activation requirements:
The Card Member TimeStamp
The Shopping TimeStamp
The Charity TimeStamp
The SystemPartner TimeStamp
The Club & Association TimeStamp
The Investor TimeStamp
What is a Card Member TimeStamp?
The Card Member TimeStamp is the very first TimeStamp you may acquire and then activate in the TimeStamp Advancement Programme by collecting 50 PPs or with a one-time payment of 50 CHF. This TimeStamp runs through all five sectors with an advancement value of 500 CHF. This type of TimeStamp happens only once.
What is a Shopping TimeStamp?
One may activate a Shopping TimeStamp if one is a Card Member and has collected five (5) PPs through purchasing. This TimeStamp runs through all five sectors with an advancemebnt value of 500 CHF. The number of Shopping TimeStamps you activate is not limited, you may activate as many as you like.
What is a Charity TimeStamp?
You may activate a Charity TimeStamp whenever the following criteria apply:
– you receive an Affiliate Sign-up Bonus due to a successful recommendation
– through sector advancement of at least 5 PPs
What is a SystemPartner TimeStamp?
A SystemPartner offers his clients rebates in the form of PrivilegePoints. The minimum rebate is 1% off the purchasing price. Once his clients as a group have activated at least 50 PPs, the SystemPartner is entitled to activate a SystemPartner TimeStamp for himself.
What is a Club & Association TimeStamp?
A club or association makes its purchases from a SystemPartner and when having collected at least 50 PrivilegePoints activates a Club & Association TimeStamp. The intention is to render the club or association through this sponsoring concept financially independent.
What is an Investor TimeStamp?
Investors may activate an Investor TimeStamp starting with an investment sum of 50 CHF.
What are the advantages of the eValueCard?
System Partner may hand out to their clients personalised eValueCards. The advantages for the SystemPartner are company-related advertising, viral marketing effects, client retention. Advantages to the client are easier handling of his PrivilegePoints and the highest possible security when transferring his PrivilegePoints into the TimeStamp Advancement Programme.
What are Securities?
The accounting units for Crowd Investores are Securities in the value of one Swiss franc (1 CHF) each. For an activation in the TimeStamp Advancement Programme they thus correspond to one PrivilegePoint.
How high is the minimum investment sum for Crowd Investors?
The minimum investment is ten (10) CHF.
How high is the minimum credit in PrivilegePoints required to activate a TimeStamp?
For the first activation a credit of 50 PPs is needed, after this initial TimeStamp an actiavtion only needs five (5) PPs.
How high is the minimum holding of Securities to activate an Investor TimeStamp?
The activation requires a minimum of 50 Securities.
How will I profit as an Investor?
Dependent on the size of your investment you get a share of the net profit of the KINCO International AG group. This is an investment concept for everybody, the investor contract is based on Swiss law. In addition you may use the profitable possibilities of the TimeStamp Advancement Programme.
What is KINCO International AG?
Under the roof of the Swiss holding company KINCO International AG are grouped several subsidiaries and as well as the charitable foundation myPearls for Charity. Due to their stake in KINCO International AG investors profit from the lucrative business activities of the group of companies.
What is myPearls for Charity?
myPearls for Charity is a foundation. It is focussed on humans, animals and the environment and supports the organisation and development of charity projects world-wide.
May I suggest charitable projects for support by the foundation myPearls for Charity?
As member of the ever-growing myKINCO family you may of course suggest projecst ot insitutions you personally know and for whose respectability you can vouch. Such a project shall be or plan to be active in areas concerning humans, animals and the environment.
How do I activate a TimeStamp?
In the menu on the myKINCO website you click on “Activate TimeStamp”, the following page will lead you step by step to the activation that you will then start to the thousandstz of a second with the final click on the button.
As a Card Member will I profit from recommending the myKINCO Social Shopping Platform to a company that then becomes a SystemPartner?
Sure you will profit from such a recommendation, it will even be quite luctarive for you. You will participate in the Affiliate Programme (see: What is the Affiliate Programme?).
As a Card Member will I profit from suggesting to someone to use the myKINCO Social Shopping Platform as Consumer Only or as Card Member ?
Sure you will profit from such a recommendation, it will even be quite luctarive for you. You will participate in the Affiliate Programme (see: Was is the Affiliate Programme?).
How may my club profit from first signing up as a Card Member and then recommending that its club members use the myKINCO Social Shopping Platform?
Your club or association collects PrivilegePoints as rebates off its purchases from myKINCO SystemPartners. Have the first 50 PPs been collected, the club my register as a myKINCO Card Member and with this credit may activate online a TimeStamp to the thousandsth of a second. From that second on this TimeStamp will be pushed through a virtual tunnel, through five sectors in which all the company's world-wide rebates sit. All rebates coming in after your initial TimeStamp push your TimeStamp forward through the tunnel sectors. With myKINCO are not hoarded for weeks or months. They pass through a business process earning profits that will immediately be distributed by this system among the Card Members. In the end the credit will be higher than the sum the club or association spent for its original purchases in order to collect the PPs. The management may read up on the state of the credit at any time, around the clock.
The association will further profit through the Affiliate Programme by its recommendations to its club members.
What are the ways to send a donation to the foundation myPearls for Charity?
1- As Consumer Only, Card Member, SystemPartner or Club & Association you dispose of a credit of PrivilegePoints. Everytime you instigate a payment to to yourself you may send a part of your credit to the foundation. A corresponding function is offered on the corresponding pay-out menus.
2- Alternatively you have the options to spend the total credit. In all cases you will get a receipt for the donation.
3- Find in the menu on the myPearls for Charity website the button “Donate”. Clicking on it leads you via a self-explanatory menu to several payment options like PayPal, bank transfer etc.
May I pay the necessary 50 PrivilegePoints for the registration as Card Member for the first activation of a TimeStamp directly?
Of course you have the option of paying the 50 PrivilegePoints – ie 50 Swiss francs – totally or partially online. By dooing this you may save time and are able to participate in the TimeStamp Advancement Programme more speedily. For the proper procedure see link to “What is the TimeStamp Advancement Programme”.
Where do I find the tool for the direct acquisition of Friendship PPs?
In the menu of your myKINCO Dashboard you find the button “Invite Friends”. More information by clicking on the button “Buy more Friendship PPs”.
Where do I find the tool for the zum Abrufen meines Guthabens?
Whether you are Consumer Only, Card Member, SystemPartner or Investor, you will find the option for Cashbacks in the menu “My PP Account”.
Where do I enter my bank data in order to receive transfers of funds?
Whether you are Consumer Only, Card Member, SystemPartner or Investor, you will find in the menu on the myKINCO website the button “Profile”. After clicking on it you will get to your secure profile page where you are able to enter your banking information. We employ the highest possible security level for your complete financial transaction system.
What does the term “TimeStamper” mean?
TimeStamper is the myKINCO term for the more usual “Affiliate Partner”.
In the role of a myKINCO TimeStamper he is the link between the partners he introduced to the business and is then relevant if he decides to expand his partner network.
With his recommendation he helps the myKINCO Social Shopping Platform (buying syndicate) to gain market power. myKINCO in turn is able to save on advertising, cost that are passed on to the TimeStamper as recommendation bonuses. In addition he profits from shares in any bonus pay-out to his Affiliate Partners.
With this recommendation strategy the TimeStamper my avail himself of an unlimited passive income.
What is the Affiliate Programme?
As advertising partner (Affiliate) you are remunerated with attractive rewards for any sucessful enlistment of new Card Members.
When do I receive funds from the Affiliate Programme?
You receive the so-called Start-up Bonus of 10 PPs for any successful recommendation as soon as the new Card Member has paid his membership fee or has activated it with collected PrivilegePoints, the 10% sector share you receive at the same time as the pay-out to your Affiliate Partner. Your credit will be shown in your Control Center.
How does one become an advertising partner (Affiliate) of myKINCO?
Register as Card Member and you are immediately entitled to engage in TimeStamper activities and receive bonuses.
Am I forced to stay an Affiliate Partner for ever?
With myKINCO there are no “musts”, only “you mays”. You are not compelled to make recommendations in order to earn money. You do not make any committment.
May I post links on my website?
As long as you observe the terms of the contract links may be posted as banners with the recommendation link in any position on your website.
May I post links in Social Networks, Chat Groups or Guest Books?
Yes, as long as you observe the terms of the contract.
I would like to upgrade my Consumer Only status, how do I do that?
You do this either by paying for the Card Member membership with a one-time payment of 50 CHF or activate it with 50 collected PrivilegePoints. Once you have the Card Membership you may do any further upgrades without costs.
While registering I receive the message that my email address is already used, what shall I do?
I have a problem logging in. What shall I do?
I am not the only person using my computer. How can I prevent that another person logs into my Control Center?
First make sure the previous user has logged out from myKINCO. Then you must delete all cookies via your browser, also delete the passwords. Now you can log in with your user name and password.
What is the minimum age to become a Card Member?
As Swiss laws apply to myKINCO, where the age of consent is 18, hence that is the required age to become a myKINCO Card Member.
What do I do to have my Cashback paid?
To have the Cashback paid out, you must have a 2pay4 you eWallet. If this is the case, you click in your Control Center on the tab “My PP Account”, then on sector end option “Cashback”, then click on “Save”. The stiputaled amount will be credited to you eWallet. Now you are able to transfer the funds to your private bank account.
Is myKINCO a Network Marketing or Multi Level Marketing company?
No, none of the above distribution sytsems are employed by us. We stay away from systems requiring the building of downlines. We offer TimeStamp Marketing, a new marketing strategy that was developed in-house by KINCO International AG.
Such systems are always likened to snowball or pyramid systems. What is now correct?
Even when such systems are the daily bread in other cultures, they are in our European society for lack of proper insight often called snowball or pyramid systems. Existing laws describe exactly what is allowed and what is not.
In the case of TimeStamp Marketing we are able to gibve an all-clear, as our banking partners who put international payment systems at our disposal first had us thoroughly checked over. According to their findings we do not contravene any laws prohibiting snowball and pyramid systems nor do we contravene any money laundering laws.
How may I terminate my Card Member account?
We would regret such a move as it means you forgo with the cancellation many exclusive advantages, especially lucrative shares and bonuses.
With myKINCO there is no cancellation period, but you should observe a few points before cancelling:
- You should first transfer all credits from bonuses to your private bank account.
- After balancing the account all TimeStamps will be tranferred to myPearls for Charity. You lose any claim to these TimeStamps.
- The cancellation of the account is made online, you simply have to click on the confirmation button archived and provided in the Logfile.
- The cancellation of the account cannot be reversed.
What happens with my account if I pass away?
Our system requires that you log in regularly. If this is not done for three months we assume something is amiss and the system blocks the log-in procedure for security reasons. Following this we will determine what the individual situation is.
You may help us
- by determining early who shall inherit your account.
- by registering in your under >Profile >Personal Information >Emergency Address the person(s) to be contacted.
Later an official confirmation document will be required either to balance the account or to have it transferred to its new owner.