Merchant Service Terms
Please carefully read these terms before using our payment system. By registering as a merchant, you agree to comply with all terms and conditions outlined herein.
IMPORTANT NOTICE
This Agreement is legally binding between us and you. Please read all terms carefully, especially those regarding limitations of liability, dispute resolution, and governing law.
About These Terms
These Merchant Service Terms govern your use of our payment processing services. We reserve the right to update these terms at any time. By registering as a merchant, you agree to comply with all terms and conditions outlined herein.
If you have any questions about these terms, please contact our support team for clarification before proceeding.
1. Definitions
1.1 Merchant Account
The account used to access and operate the merchant platform. Upon successful registration, we will send your login credentials to your registered email address.
1.2 Merchant API Key
The secure key used to authenticate API requests between your system and our payment gateway.
1.3 Settlement
The process where transaction funds are credited to your merchant account after applicable fees are deducted.
1.4 Payout
The transfer of funds from your merchant account to your designated bank account or PayPal account.
2. Service Description
2.1 Services Provided
We provide payment processing services including credit card processing and PayPal integration for your e-commerce transactions.
2.2 Service Limitations
Services are limited to your approved business type and transaction limits as specified in your merchant agreement.
Terms and Conditions
3 Rights and Obligations
3.1 System Security
We maintain a secure payment infrastructure compliant with PCI DSS standards.
3.2 Transaction Monitoring
We continuously monitor transactions for fraud and security risks, and reserve the right to implement security measures as needed.
3.3 Dispute Resolution
We will assist with payment disputes but are not responsible for resolving disputes between you and your customers.
3.4 Account Termination
We reserve the right to terminate service for violations of these terms or suspicious activity.
4 Merchant Responsibilities
4.1 Account Security
You are responsible for maintaining the security of your merchant account credentials and API keys.
4.2 Fraud Prevention
You must implement appropriate fraud prevention measures and not engage in any fraudulent activities.
4.3 Compliance
You must comply with all applicable laws and regulations, including PCI DSS requirements for handling cardholder data.
4.4 Prohibited Activities
You may not use our services for illegal activities, gambling, adult content, or any prohibited products/services.
5 Fees and Settlement
5.1 Transaction Fees
Fees will be deducted from each transaction as specified in your merchant agreement.
5.2 Settlement Schedule
Funds will be settled to your designated account according to the schedule in your merchant agreement.
5.3 Currency Conversion
International transactions may be subject to currency conversion fees.
6 Chargebacks and Refunds
6.1 Chargeback Process
You are responsible for responding to chargebacks within the required timeframe.
6.2 Refund Policy
You may issue refunds through the merchant dashboard, subject to our refund policies.
7 Confidentiality
7.1 Data Protection
Both parties agree to protect customer data and comply with applicable data protection regulations.
8 Term and Termination
8.1 Agreement Term
This agreement remains in effect until terminated by either party.
8.2 Termination
Either party may terminate this agreement with 30 days' written notice.
9 Governing Law
9.1 Jurisdiction
This agreement shall be governed by the laws of [Your Jurisdiction].
10 Changes to Terms
10.1 Updates
We may update these terms with prior notice. Continued use of services constitutes acceptance of updated terms.
Agreement Acceptance
By clicking "I Accept", you acknowledge that you have read, understood, and agree to be bound by all the terms and conditions outlined above.