Glossary
Terms and definitions used throughout Corsair Connect.
A
Active Status
Account in good standing, eligible to participate and earn commissions.
AML (Anti-Money Laundering)
Regulations requiring financial businesses to detect and prevent money laundering.
Arbitration
Dispute resolution method per the IA Agreement. Binding alternative to court action.
B
Back Office
Online portal where customers and IAs manage their accounts, view transactions, and track commissions.
Business License
Annual fee ($100 equivalent) required to participate as an Independent Associate.
Business Wallet (BW)
One of two commission wallets. Receives 30% of commissions. Converts to CSR, not cash withdrawable.
C
CAD
Canadian Dollar. Deposit/withdrawal currency for Canada platform.
CEO Approval
Required for CSR withdrawals of 300,000 or more and all USDT withdrawals.
CIO (Chief Information Officer)
Executive responsible for compliance, technology, and financial controls.
Commission
Earnings from product sales through the compensation plan.
Commission Pool
Portion of purchase price allocated to pay commissions. Commission is calculated on pool, not purchase price.
Compensation Plan
The structure defining how IAs earn commissions and bonuses.
Compliance
Adherence to company policies, terms, and regulatory requirements.
Corsair Connect
The company and platform for purchasing PNPs and earning commissions.
CSR (Corsair Plastic Credits)
ERC-20 token on Polygon network. 1 CSR = 100 grams of plastic recycled. Primary value delivery mechanism.
D
Direct Sales
Business model where products are sold directly to consumers, often through independent sellers.
Downline
IAs recruited below you in the unilevel structure.
E
ERC-20
Token standard on Ethereum (and compatible networks like Polygon). CSR follows this standard.
EUR
Euro. Primary currency for European deposits and withdrawals.
Escalation
Process of referring issues to higher authority levels for resolution.
F
FTC (Federal Trade Commission)
US regulatory agency. Sets guidelines for direct sales compliance.
G
Gift Code
Prepaid code that can be redeemed for a PNP purchase.
Group Volume (GV)
Combined volume from your entire downline organization used for rank qualification.
I
IA (Independent Associate)
Business partner who promotes and sells Corsair Connect products for commission.
IA Agreement
Legal contract between Independent Associates and Corsair Connect defining rights and responsibilities.
Inactive Status
Account status when business license has lapsed or minimum activity not maintained.
Income Disclosure
Required statement showing typical results from the business opportunity.
K
KYB (Know Your Business)
Verification process for business entity accounts.
KYC (Know Your Customer)
Identity verification process required for account activation.
L
L1, L2
Support escalation levels. L1 = frontline support, L2 = senior support.
Leg
A branch in your downline organization starting from a directly sponsored IA.
Level
Position in the unilevel structure relative to you (Level 1 = direct referral).
M
Marketing Materials
Content used to promote Corsair Connect products or opportunity. Must comply with guidelines.
Minimum Purchase
Smallest PNP package available. Entry point for customers.
N
Network Marketing
Business model where participants earn from personal sales and sales by their recruited network.
O
OCA (On-Chain Account)
One of two commission wallets. Receives 70% of commissions. Withdrawable as cash or CSR.
Onboarding
Process of setting up a new account including registration, KYC, and deposit.
P
Pay Run
Weekly process when commissions are calculated and credited. Cutoff Friday 23:59 GMT.
PEP (Politically Exposed Person)
Individual in prominent public position. May require additional verification.
Personal Volume (PV)
Your own purchase volume, used for rank qualification.
PNP (Plastic Neutral Package)
Primary product. Sustainability service package that delivers CSR over 40 weeks.
Polygon
Blockchain network where CSR tokens exist. Layer 2 of Ethereum.
Proof of Address
Document confirming residence (utility bill, bank statement). Required for KYC.
Q
Qualification
Meeting requirements to earn at certain levels or achieve certain ranks.
R
Rank
Level achieved based on personal and group performance. Star 1-7 system.
Reactivation
Process of restoring an inactive account to active status.
Redemption
Using a gift code to claim a PNP.
Refund
Return of funds. Subject to refund policy limitations.
S
Sponsor
The IA who referred/recruited you. Your upline.
Star Rank
Achievement levels 1-7 based on qualifications. Higher ranks unlock higher commission levels.
Suspended Status
Account temporarily restricted due to compliance or investigation issues.
T
Terminated Status
Account permanently closed. Cannot be reactivated.
TRC-20
Token standard on Tron network. One option for USDT deposits.
TXID (Transaction ID)
Unique identifier for blockchain transactions. Used to verify deposits.
U
Unilevel
Compensation plan structure where all directly sponsored members are on your first level.
Upline
IAs above you in the sponsorship chain.
USDT (Tether)
Stablecoin pegged to US Dollar. Accepted for deposits and withdrawals.
V
Verification
Process of confirming identity (KYC) or business status (KYB).
Volume
Dollar value of purchases, used for qualification calculations.
W
Wallet
Digital account holding funds. See OCA and BW.
Withdrawal
Request to transfer funds out of your account.