Terms and conditions of use

SHARESUB is a simplified joint stock company (SAS) with its registered office at 1ter rue Civiale, 92380 Garches, and a capital of 58.580€. It is registered in the Nanterre Trade and Companies Register under number 882933732. SHARESUB owns and operates the website https://www.sharesub.com, which allows several users to share the costs of their recurring expenses automatically.

Any user or visitor to the site must read these general conditions of use of the site.

Article 1: Definitions

Site: refers to the site https://www.sharesub.com

Visitor: refers to any person accessing the site https://www.sharesub.com who is not a user.

User: means any person registered on the site https://www.sharesub.com

Shared Subscription: means a recurring collection of money organized by a subscription owner.

Owner: means a registered user of the site who has created a shared subscription.

Participant: means a user who has subscribed to a shared subscription.

Guest: means a visitor or user who has been invited to join the shared subscription by the owner.

Account: refers to the virtual client space assigned to each user of the site https://www.sharesub.com

Participation: means the amounts paid on a recurring basis by Participants to an Owner for a Shared Subscription.

Service(s): refers to the service(s) provided by SHARESUB via this website to users.

User Content: refers to all content provided, uploaded or created by users on the platform; whether it is information, text or image.

Article 2: Application and purpose of the General Terms of Use

The following general terms and conditions of use govern the terms and conditions of use of the Site, and describe the reciprocal obligations in which SHARESUB offers its services to visitors and users of the Site. They are applicable during the entire period of use of the Site and the Services.

The general terms and conditions of use must be read and accepted without reservation, otherwise Visitors must stop browsing the Site. Any Visitor or User declares that he or she has read them and agrees to be bound by them.

Article 3: Capacity and Eligibility

Any Visitor or User of the Site declares that he/she is legally capable of committing himself/herself under the present general conditions of use. In case of lack of full legal capacity, the visitor or user must leave the Site, or obtain the agreement of his legal representative.

It is also required to be over 16 years of age to become a User.

Any Visitor or User of the Site declares that he/she is a natural person residing in a Member State of the European Union or in a State belonging to the European Economic Area or in a third country imposing the same obligations in terms of the fight against money laundering and the financing of terrorism, whether he/she is acting for himself/herself or on behalf of a legal person.

Article 4: Registration to the Site

To become a User of the Site, it is necessary to complete the registration form accessible from the home page of the site, or when creating a shared subscription. During this registration, the Visitor guarantees the accuracy of the data he/she transmits, and must accept the general conditions of use of SHARESUB as well as the general conditions of use of STRIPE, the payment provider that will manage the financial data and transactions. Once this form is completed and validated, the User will have to validate his account from the email that will be sent to him at the address he has given (except for connection by third party service).

The user is solely responsible for his identifiers, composed of an email address and a password, as well as the use of his account. SHARESUB shall not be held liable for the consequences of the use of a User’s login details by a third party and/or the loss of his/her login details by a User.

By becoming a User of the Site, you agree to use the Services of the Site only for lawful purposes and in accordance with good morals, and guarantee SHARESUB against any recourse or action by third parties concerning the use made of the Services.

SHARESUB or its service provider STRIPE may refuse an application for registration without explanation and without this constituting a right to any compensation. SHARESUB’s Customer Service Department reserves the right to request additional identifying information and supporting documentation if necessary.

It is strictly forbidden for Users to have several accounts on the Site, even with different identifiers. Any individual or legal entity may hold only one account. Any violation may result in the deactivation of the account(s), and the refund of the entries deemed irregular by SHARESUB’s customer service.

Article 5 : Creation and management of a shared subscription

5.1 Creation

The correctly logged-in and identified User can create a shared subscription freely after accepting the general terms of use. During this creation, the user must fill in the mandatory fields:

  • The subscription category it belongs to
  • A name for the shared subscription
  • An explicit description of the subscription and the shared fees, also indicating any restrictions and conditions of access to the subscription.
  • The full name of the organizer of the shared subscription
  • The amount and the currency of the participation requested from the participants
  • The maximum number of participants allowed
  • Recurrence of participation (weekly, monthly, quarterly)
  • The model for sharing participation among participants
  • Any information necessary for co-members to benefit from the advantages of the shared subscription. These will only be displayed to users after they have confirmed their commitment to the shared subscription.
  • The duration is not mandatory, as you can stop the subscription at any time from your account.

The name and description of the shared membership, as well as the full name of the Owner, must be filled in carefully. These fields determine the purpose of the mandate given by the Participants to the Owner of the shared subscription. Their content is the sole responsibility of the organizer.

The Owner agrees that the subscription price, resulting from the sum of the participations, corresponds to the real price of the service he/she shares with the participants, and not to use this as a source of income. The use of SHARESUB Services is limited to reimbursement of expenses.

The Owner also agrees not to provide misleading information about the subscription and its price. Any abusive practice may be sanctioned by account closure and prosecution.

The Owner also agrees to provide proof of the actual nature of the expense he/she is sharing. These may be required by SHARESUB’s customer service department for any high priced shared subscription.

By creating the shared subscription, the owner gets a private invitation link, which he can pass on to the people he wants to share his subscription fees with.

5.2 Management

Once the shared subscription is created, the owner can:

  • Invite users or visitors to join your subscription.
  • View payments made by other users
  • Stop the shared subscription at any time. This closure is final and will result in the cessation of payments by the participants.
  • Exchange with participants via the secure chat
  • Edit subscription information for subscribers.
  • To collect the amounts of the participations of the subscribers, provided that the amount of the participations cumulated on its account reached a minimum of 10€ for the participations in Euro, or of $10 for the participations in USD.
  • Ask SHARESUB’s customer service by email at hello@sharesub.com :
    • cancellation of the subscription, if no amount has been paid yet.
    • the withdrawal of some participants

5.3 Responsibility

The owner of a shared subscription is responsible for its management. He must ensure the regularity of this one with respect to the regulations in force, and the good morals of all the elements of the shared subscription. The User agrees not to post any indecent or illegal content and to report any inappropriate behavior in the Secure Chat to SHARESUB’s customer service department, which may moderate it.

5.4 Prohibited shared subscriptions

The creator undertakes not to organize any illegal shared subscription. In particular, shared subscriptions that provide access to illegal services, or services that do not allow sharing in their terms and conditions, are considered non-compliant subscriptions.

The creator also agrees not to organize a shared subscription:

  • based on free or trial services.
  • with a view to commercial profit.
  • with subscriptions for which he is not the buyer

Also prohibited are shared subscriptions related to activities or content listed below, without this list being restrictive:

  • related to weapons, drugs, pedophilia
  • gambling
  • pimping or escorting
  • advocating or financing terrorism or violence
  • promoting racial hatred or discrimination
  • of pornography
  • astrology or clairvoyance
  • related to associations that help prisoners, religious associations or that finance places of worship
  • related to associations with even occasional activity in combat zones
  • related to the sale of precious metals and stones

SHARESUB reserves the right to suspend the shared membership at any time and for any reason, and to suspend the creator’s account in case of non-compliance with these terms of use, or if participants make negative reports to the company’s customer service. This does not give rise to any right to compensation.

SHARESUB also reserves the right to freeze the collected funds for an indefinite period of time and reserves the right to reimburse the participants, except for the commission charged for the management fee.

5.5 Prohibited uses of the Service

The Owner of a subscription agrees not to subscribe to this subscription himself, via his account or via another account. Any violation will result in the deactivation of the account(s), and the refund of the entries deemed irregular by SHARESUB’s customer service.

Article 6: Participation in a shared subscription

6.1 Participation

Guests to a shared subscription receive an email from SHARESUB, or a private link sent directly by the owner of the subscription by any means he or she sees fit, or find the subscription in the public listings. The guest may then, without obligation, register to become a user of the Site and to participate in the shared subscription. He then indicates his coordinates and registers his credit card to allow the payment of his participations. The participant gives Sharesub the mandate to collect his payment method at the amounts and frequencies indicated in the subscription.

The shared subscription fees are charged to the user’s payment card according to the period defined by the Owner (week, month, quarter) with no time limit.

For the first period, the participant will pay the prorated amount for the current period only. He will pay for the days between his registration date and the end of the period. The amount corresponding to this duration will be billed even if he/she decides to leave the subscription, and unless he/she has made a claim for a legitimate reason, and this claim has been validated by the customer service.

6.2 Withdrawal

The participant may request to withdraw his or her participation for 1 hour following his or her registration for a subscription. This must be sent by e-mail to hello@sharesub.com without delay. The withdrawal will result in the reimbursement within fifteen (15) days of the amount of the participation. On the other hand, the commission paid to SHARESUB cannot be refunded under any circumstances.

The Customer may not exercise his right of withdrawal in the cases provided for in Article L221-28 of the Code
of Consumption, in particular for access to subscriptions fully executed before the end of the period of
This is the case when the access information has been provided. The Customer is hereby informed of this and confirms it at the time of the Order, and therefore waives his right of withdrawal.

The participant is solely responsible for the consequences of withdrawing his/her participation vis-à-vis the owner of the shared subscription.

6.3 Discontinuation of participations

The participant wishing to stop participating can leave the shared subscription at any time by means of the “Leave subscription” button. This action informs the owner of the subscription, who should then deactivate access to the subscription immediately.

Payment for the shared subscription will then be made immediately or at the end of the month, for the full amount of the current period.

If the shared subscription is discontinued by the owner, SHARESUB will notify the participants immediately. In this case, the owner may immediately suspend access to the membership, and the participant will only pay the prorated amount for the current period.

Article 7 : Customer knowledge and identity verification

As part of the fight against the financing of terrorism, money laundering and fraud, SHARESUB and its partner STRIPE must verify the identity of users who exceed certain thresholds, or as soon as they register, in accordance with the provisions of Decree No. 2009-1087 of September 2, 2009 and the Order of the Minister of Economy of the same date taken for the implementation of Article R.561-12 of the Monetary and Financial Code.

Users agree to provide proof of identity and proof of residence, or other documents proving their identity, to SHARESUB and its partner STRIPE, as part of the validation of their account and in order to receive the amount of the participations that have been paid to them. These documents can be transmitted by the user via the Site, or by email to hello@sharesub.com. The verification and validation information is visible in the user’s account, “Identity and verification” section.

SHARESUB reserves the right to suspend any transfer to the account of users who have not been able to provide adequate proof, and to reimburse all contributions received by the user, without this giving rise to any right to compensation.

Article 8: Benefit of a shared subscription

The owner is solely responsible for the benefit of the subscription by the participants, and for the proper use of the funds collected on his account. It undertakes to the participants to make use of it in accordance with the mandate given by each of the participants, and to provide the participants with the benefit of their registration to the shared subscription as advertised in the description that the participants could consult.

Any lack of information from its participants or any misleading or incomplete information may result in the reimbursement of the participants after analysis by SHARESUB’s customer service. Participants are invited to exchange with the Owner on the secure chat room to inquire, and to contact the customer service at hello@sharesub.com for any complaint, providing the name of the subscription, the name of the owner, and detailing the elements of the dispute.

The participants declare that they have been informed that SHARESUB has no responsibility for the use and destination of the funds collected by the owner, nor for the access and enjoyment by the users of the subscription services described by the owner. These result from the agreement between the owner and the participants, resulting from the presentation of the service by the owner, and the acceptance of the latter by the participants. In the event of disagreement between participants, participants may withdraw from the terms and conditions herein.

Article 9: Price of SHARESUB services

SHARESUB services are charged to participants who join a shared subscription. The price is charged for each financial transaction, and consists of a commission of :

  • 0.39€ fixed fee, plus 4.5% of the transaction amount, for transactions in Euro.
  • 0.39 fixed fee, plus 5.5% of the transaction amount, for USD transactions.

These amounts include all taxes.

Article 10: Defaults, non-payment and refund

The owner is solely responsible for the costs of any unpaid bills and undertakes to pay for any rejected payments resulting from stops on the means of payment used by the participants.

The owner declares that he/she is aware that SHARESUB carries out checks on the validity of the means of payment used by the participants, and implements means to ensure the debiting of the entries, but that SHARESUB cannot be held responsible for the participants’ failure to pay and the consequences that this may have for the owner. SHARESUB will, however, use its best efforts to follow up on failed payments, and to notify the owner in the event of a participant’s failure to pay.

Participants declare that they are informed that failure to pay, or refusal of payment by their bank on a transaction, may be a reason to stop their participation in a shared subscription. SHARESUB will use its best efforts to inform participants of failed payments so that they can provide an alternative payment method.

Article 11: Intellectual Property

The users grant SHARESUB the transfer, free of charge and for the whole world, of the reproduction and representation rights, including the rights of distribution, adaptation, translation, of the User Content for exploitation on all existing and future media. This transfer is for the entire duration of the copyright as defined by the legislation, and any possible extension:

  • reproduction rights: the right to reproduce all or part of the contents on all the aforementioned media.
  • representation rights: the right to represent all or part of the contents, by any process.
  • distribution rights: the right to distribute content in an unlimited manner.
  • the rights of adaptation and continuation: the right to adapt the contents, including by modifying their presentation, and to create other contents inspired or partially reproducing the contents.

Users must ensure that they have the right to make this transfer.

The right of SHARESUB to use the User Content does not affect the rights of users to the protection of personal data, described in the privacy policy accessible after this link.

Article 12: Responsibilities of SHARESUB

SHARESUB declares that it will do everything in its power to allow secure access to the Site, but cannot be held responsible in the event of unavailability or occasional malfunctions of the Site, insofar as its operation depends on factors that SHARESUB cannot control. SHARESUB thus reserves the right to temporarily suspend access to the Site in order to carry out maintenance or updates. SHARESUB may also make changes to the Site to improve its operation.

SHARESUB does not guarantee the operation of the Site on all operating systems or Internet browsers, nor on all computer equipment available on the market. In case of non-functioning, you can however contact the customer service by email at hello@sharesub.com to allow us to identify this malfunction.

In the event of a dispute with one or more users or visitors to the site, SHARESUB’s liability, regardless of the basis, motivation and form of the action, shall be limited to the damages suffered.

Article 13: Applicable law and nullity of a closure

The present General Conditions of Use are governed by French law. Except in the case of application of a mandatory law (which will apply only to the extent of its purpose), it is expressly stipulated that in the event of a dispute relating to the interpretation, validity and consequences of these general conditions of use, only the courts of Paris will have jurisdiction. Any request will however have to seek an amicable solution beforehand.

The nullity, invalidity, lack of binding force or unenforceability of one of the stipulations of the general terms and conditions of sale shall not entail the nullity, invalidity, lack of binding force or unenforceability of the other stipulations, which shall therefore retain all their effects.

Any complaint about SHARESUB or the Services should be sent by email to hello@sharesub.com with “Complaint” in the subject line. Claims will be processed within 15 working days of receipt of the claim.

Article 14: Evolution of the GCU

SHARESUB may modify these General Terms and Conditions of Use at any time and without prior notice; they shall become effective upon their publication on the Site. Any use of the Site or services by users or visitors implies adherence to the latest published version of the Terms of Use.

Article 15: Deletion or cancellation of an account

Users may request deletion of their account by sending an email from their account email to hello@sharesub.com with “account deletion” in the subject line.

If the account has already received entries on a shared subscription, the user requesting deletion must also include a photo of their ID in order for their request to be processed.

If the user’s account is still in credit at the time of the removal request:

  • If the user has already received payments, he/she will receive the balance of his/her account after deducting the manual transfer fee. The amount of this fee is 2€.
  • If the User has never received a payment before, he/she will receive the balance of his/her account after deducting the manual transfer fee and the account verification fee. The account verification fee is 4€ if the account is closed before reaching the 10€ balance, and becomes free once the 10€ payable balance is reached.

Requests for deletion will be processed within 30 days.

Article 16: Reporting and Moderation of Content

16.1 Reporting abuse

Sharesub allows any visitor to the Site to report any content that he or she finds abusive or in violation of the Terms of Use or the law. To make this report, please send an email to hello@sharesub.com with the subject line “Report abusive content”. This email must contain the link to the ad that appears to be abusive, as well as the complaints retained. Sharesub will forward the request to the user who distributed the inappropriate content so that the user can remove the content.

Any content can be reported according to the required legal formalism.

16.2 Sharesub reserves the right to:

  • delete, without notice or compensation or right to reimbursement, any content and/or Ad brought to its attention that may infringe the rights of a third party and/or that does not comply with the General Terms of Use and the law
  • delete, at any time, without compensation or right to reimbursement of sums incurred by the User, an account that is contrary to French law.
  • suspend or deny access to the Sharesub Service, including the Messaging Service, to any User or Advertiser who does not comply with these Terms of Use.
  • suspend for a period of 12 months or more a User’s Account after the posting of an Ad that infringes intellectual property rights.

Article 17: Hosting of the Site

The site is hosted by OVH – 2 rue Kellermann – 59100 ROUBAIX – France To contact this host, go to http://www.ovh.com/fr/support/

Article 18: Language

In the event of a dispute over the interpretation of the terms and conditions, and its translation, it is agreed that the French version of the terms and conditions of use will prevail.

Article 19: Trademarks

All third party trademarks (including logos and icons) referenced on the Site are the property of their respective owners.