Terms of Service

SHARESUB is a simplified joint stock company (SAS) with its registered office at 4 rue Edgar Faure, 75015 Paris, and with a capital of 10,000 €. It is registered with the Paris Trade and Company Register under number 882933732. SHARESUB owns and manages the website https://www.sharesub.com, which allows users to share the costs of their recurring expenses.

Any user or visitor to the site must be aware of 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 : refers to any person registered on the site https://www.sharesub.com

Shared subscription : refers to a recurring fundraiser organized by a subscription owner.

Owner : designates a user registered with the site who has created a shared subscription.

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

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

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

Participation : refers to 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 the company SHARESUB via this website to users.

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

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

The general conditions of use herein govern the terms and conditions of use of the Site, and describe the reciprocal obligations under which the SHARESUB company offers its services to visitors and users of the site. They are applicable throughout the duration of use of the Site and the Services.

The general conditions of use must be read and accepted without reservation, otherwise Visitors must stop browsing the Site. Any Visitor or User declares to have read them and agree to be bound by them.

Article 3: Capacity and eligibility

Any Visitor or User of the Site declares to be legally able to commit to these general conditions of use. In the absence of full legal capacity, the visitor or user must leave the Site, or obtain the consent of his legal representative.

It is also required to be over 13 years old to be able to become a User.

Any Visitor or User of the Site declares to be a natural person residing in a Member State of the European Union or in a State forming part of the European Economic Area or in a third country imposing the same obligations in terms of the fight against money laundering and terrorist financing, whether acting for itself or on behalf of a legal person.

Article 4: Registration on 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 transmits, and must accept the general conditions of use of SHARESUB as well as the general conditions of use of STRIPE, the payment service provider who will manage the financial data and the transactions. Once this form has been completed and validated, the User must validate his account from the email which will be sent to the address he has provided.

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 cannot be held responsible for the consequences of the use of a User’s identifiers by a third party and / or the loss of his identifiers by a User.

By becoming a User of the Site, you agree to use the Site Services only for lawful purposes and in accordance with good morals.

SHARESUB or its provider STRIPE may refuse a registration request without providing an explanation, and without this constituting a right to any compensation. SHARESUB customer service reserves the right to request additional identifying information and supporting documents if necessary.

Users are strictly prohibited from holding multiple accounts on the Site, even with different identifiers. Any natural or legal person can only have one account. Any infringement will result in the deactivation of the account (s), and in the reimbursement of participations deemed irregular by the SHARESUB customer service.

Article 5: Creation and management of a shared subscription

5.1 Creation

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

  • The subscription category it is part of
  • A name for the shared subscription
  • An explicit description of the subscription and the shared costs, also indicating any restrictions and conditions of access to the subscription.
  • The full name of the organizer of the shared subscription
  • The amount and currency of the requested participation participants
  • The maximum number of participants allowed
  • The recurrence of participation (weekly, monthly, quarterly)
  • The model for sharing participation between participants
  • Any information necessary for co-subscribers to benefit from the benefits of the shared subscription. These will only be displayed to users after confirming 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 subscription, as well as the full name of the Owner should be completed 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 undertakes that the price of the subscription, resulting from the sum of the participations, corresponds to the real price of the service that he shares with the participants, and not to use this as a source of income. The use of SHARESUB’s Services is limited to reimbursement of costs.

The Owner also undertakes not to communicate misleading information about the subscription and its price. Any abusive practice may be penalized by closing the account and taking legal action.

The Owner also undertakes to provide supporting documents proving the real nature of the expense that he shares. These may be required by SHARESUB customer service for any high priced shared subscription.

By creating the shared subscription, the owner gets a private invitation link, which they can send to the people they want to share their subscription costs with.

5.2 Management

Once the shared subscription is created, the owner can:

  • Invite users or visitors to register to participate in your subscription.
  • View payments made by other users
  • Stop the subscription at any time sharing. This closure is final and will result in the cessation of payments by participants.
  • Communicate with participants via secure chat
  • Modify subscription information intended for subscribers.
  • To collect the amounts of the subscribers’ participations, provided that the amount of the cumulative participations in his account has reached a minimum of 10 € for the participations in Euro, or of $ 10 for the participations in USD.
  • Request from SHARESUB customer service by email at hello@sharesub.com:
    • cancellation of the subscription, if no sum has yet been paid.
    • the withdrawal of certain participants

5.3 Responsibility

The owner of a shared subscription is responsible for managing it. He must ensure the regularity of this with respect to the regulations in force, and good morals of all the elements of the shared subscription. He undertakes not to publish any indecent or illegal content, and to report any inappropriate behavior in the secure chat to the SHARESUB customer service, which can moderate it.

5.4 Shared subscription prohibited

The creator agrees not to organize an illegal shared subscription. In particular, shared subscriptions giving access to illegal services, or to services that do not allow sharing in their general conditions of sale, are considered as non-compliant subscriptions.

The creator also undertakes not to organize a shared subscription:

  • based on free or trial services.
  • for business profit.
  • based on subscriptions he does not purchase himself

Shared subscriptions linked to activities or content in the list below are also prohibited, without this list being exhaustive:

  • related to weapons, drugs, pedophilia
  • gambling
  • pimping or escorting
  • doing the ‘apologizing for or financing terrorism or violence
  • promoting racial hatred or discriminatory
  • pornography
  • astrology or clairvoyance
  • linked to associations helping prisoners, religious associations or funding places of worship
  • linked to associations having even occasional activity in combat zones
  • related to the sale of precious metals and precious stones

SHARESUB reserves the right to suspend the shared subscription at any time and for any reason whatsoever, and to suspend the creator account in the event 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 block funds collected for an indefinite period and reserves the right to reimburse participants, with the exception of the commission charged for management fees.

5.5 Prohibited uses of the Service

The owner of a subscription undertakes not to take out this subscription himself, via his account or via another account. Any infringement will result in the deactivation of the account (s), and in the reimbursement of the participations deemed irregular by the SHARESUB 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 they deem appropriate, or find the subscription in the public listings. The guest can then, without obligation, register to become a user of the Site and to participate in the shared subscription. He then indicates his contact details and registers his bank card to allow the payment of his contributions. The participant gives a mandate to Sharesub to withdraw his means of payment at the amounts and frequencies indicated in the subscription.

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

During the first period, the participant will pay the pro rata of the current period only. He will therefore pay for the days between his registration date and the date of the end of the period. The amount corresponding to this duration will be charged even if he decides to quit the subscription, and unless he has made a complaint for a legitimate reason, and this complaint has been validated by customer service.

6.2 Withdrawal

The participant can request the withdrawal of his participation during the 1 hour following his registration for a subscription. This must be sent by email to hello@sharesub.com without delay. The withdrawal entails the reimbursement within fifteen (15) days of the amount of the participation. On the other hand, the commission paid to SHARESUB cannot under any circumstances give rise to a refund.

The Customer cannot 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
withdrawal, which is the case when the access information has been provided. The Customer is hereby informed and confirms it at the time of the Order, he therefore waives his right of withdrawal.

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

6.3 Cessation of participations

The participant wishing to cease his participation can at any time leave the shared subscription by means of the button « Leave subscription ». This action notifies the owner of the subscription, who must then deactivate access to the subscription immediately.

The payment for the participation in the shared subscription will then be made immediately or at the end of the month, for the total amount of the current period.

If the shared subscription is stopped by the owner, SHARESUB will notify participants immediately. The owner can in this case immediately suspend access to the subscription, and the participant will only pay the pro rata of the current period.

Article 7: Customer knowledge and identity verification

In the context 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 upon registration, in accordance with the provisions of decree no. ° 2009-1087 of September 2, 2009 and the order of the Minister of the Economy of the same date taken for the application of article R.561-12 of the Monetary and Financial Code.

Users undertake to agree to provide identity documents and proof of address, or other documents proving their identity, to the company SHARESUB and its partner STRIPE, as part of the validation of their account and in order to receive the amounts of the dividends paid to them. These documents may be sent by the user via the Site, or by email to the address hello@sharesub.com. The parts 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 supporting documents, and to reimburse all contributions received by the user, without this giving rise to any right to any compensation.

Article 8: Benefit of subscribing to a shared subscription

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

Any lack of information from participants or any misleading or incomplete information may give rise to reimbursement of participants after analysis by SHARESUB customer service. Participants are invited to exchange with the Owner on the secure chat for information, and to contact 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 in the use and destination of the funds collected by the owner, nor in the access and enjoyment by 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 the participants, the participants may withdraw from the general conditions of use herein.

Article 9: Price of SHARESUB services

SHARESUB services are billed 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, to which is added 4.5% of the transaction amount, for transactions in Euro.
  • $ 0.39 fixed fee, to which s ‘add 5.5% of the transaction amount, for transactions in USD.

These amounts are understood to include all taxes.

Article 10: Payment defaults, unpaid bills and reimbursement

The owner alone bears the unpaid costs and undertakes to take charge of the rejection of payment resulting from opposition to the means of payment used by the participants.

The owner declares to be informed that SHARESUB carries out checks on the validity of the means of payment used by the participants, and implements means to ensure the debit of the participations, but that SHARESUB can in no case be held responsible for payment defaults by participants and the consequences that this causes for the owner. SHARESUB will however make its best efforts to restart failed payments, and to inform the owner in the event of default by one of the participants.

The participants declare that they have been informed that the default of payment, or the refusal of payment by their bank on a transaction, may be a reason for stopping their participation in a shared subscription. SHARESUB will make its best efforts to inform participants of failed payments so that they can provide an alternative payment method.

Article 11: Intellectual property

The users consent to SHARESUB the transfer, free of charge and for the whole world, of the reproduction and representation rights, including the rights of distribution, adaptation, translation, User Content for use on all media. existing and future. This transfer takes place for the duration of the copyright defined by law, and any possible extension. The transferred rights include:

  • reproduction rights: the right to reproduce all or part of the content on all the aforementioned media.
  • representation rights: the right to represent all or part of the content, by any processes.
  • distribution rights: the right to unlimited distribution of content.
  • adaptation and follow-on rights: the right to adapt content, including including by modifying their presentation, and creating other content inspired or partially reproducing the content.

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

The right for SHARESUB to use User Content in no way affects the rights of users to the protection of personal data, described in the privacy-policy accessible from this link.

Article 12: Responsibilities of SHARESUB

SHARESUB declares to implement all its means to allow secure access to the site but can not be held responsible in the event of unavailability or occasional malfunctions of it, insofar as its operation depends on factors that SHARESUB does not not master. SHARESUB thus reserves the right to temporarily suspend access to the site to carry out maintenance actions or updates. SHARESUB may also modify the site in order to improve its functioning.

SHARESUB does not guarantee the operation of the site on all operating systems or on all Internet browsers, or on all computer equipment available on the market. In the event of non-operation, however, you can contact customer service by email at hello@sharesub.com to enable us to identify this problem.

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

Article 13: Applicable law and invalidity of a close

These General Conditions of Use are governed by French law. Except in the event of the application of a mandatory law (which will apply only to the strict 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 be competent. Any request will however have to seek an amicable solution beforehand.

The nullity, the lapse, the absence of binding force or the unenforceability of one of the stipulations of the general conditions of sale does not imply the nullity, the lapse, the absence of binding force or the unenforceability other stipulations, which will therefore retain all their effects.

Any complaint about SHARESUB or the services should be sent by email to the address hello@sharesub.com indicating « Complaint » in its subject line. Complaints will be processed within 15 working days of receipt of the complaint.

Article 14: Evolution of the Terms and conditions

SHARESUB may modify these General Conditions of Use at any time without notice; they will become effective as soon as they are published on the Site. Any use of the Site or the services by users or visitors implies adherence to the latest published version of the General Conditions of Use.

Article 15: Deletion or cancellation of account

Users can request the deletion of their account, by writing an email from the email corresponding to their account, to the address hello@sharesub.com and mentioning « account deletion » in the subject line. email.

If the account has already received participations on a shared subscription, the user wishing to remove it must also attach a photo of their ID for their request to be processed.

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

  • If the user has already received payments beforehand, he will receive the balance of his account after deduction of the costs of manual transfers. The amount of these fees is 2 €.
  • If the user has never received payment beforehand, he will receive the balance of his account after deduction of manual transfer fees plus account verification fees. The amount of the account verification fee is € 4 if the account is closed before reaching the balance of € 10, and becomes free once the balance of € 10 payable is reached.

Deletion requests will be processed within 30 days at the latest.

Article 16: 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/