Let me explain the meaning of Clauses (i) first. Clauses (i) means that if a person do not qualify for Clauses (ii), or (iii) or (iv), there are still hope for you, because Clauses (i) is more lenient, and not so strict.
Quick Answer. PayLink does not issue vehicle warranties; it is a financial services company that provides financing and processes payments for businesses that offer customers vehicle service contracts and protection plans, states PayLink. The company doesn't sell vehicle service contracts and is not a party to them, notes the Better Business Bureau.
Payola has come to mean the payment of a bribe in commerce and in law to say or do a certain thing against the rules of law, but more specifically a commercial bribe. The FCC defines payola as a violation of the sponsorship identification rule that in 2005-06 resulted in tens of millions of dollars in fines to cable corporations in New York.