Legal

Terms and Conditions

DigiTrade US Corp. (“Company” ) (EIN: 99-1644998)  incorporated under the laws of Delaware, United States. The Terms and Conditions (“Terms”) is a legal Agreement between the Company and the entity or person (“you” and “your”) that governs your use of the Solution. Your acceptance on these Terms shall be deemed acceptance on behalf of your organisation. You may not access or use the Solution unless you agree to abide by the Terms and Conditions.

General Terms and Conditions

Our appointment as Reseller; Solution

  • The Company owns and operates the Online Platform (Link: digitrade.app) .
  • Our Product is a fully integrated suite of back-end services-payments, tax, fraud and compliance (“Solution”). We act as an online Reseller for your digital products and services. When you use Our Solution to sell your products, you hereby agree to appoint the Company to resell your products to your Buyers.
  • Before using the Solution, You must register on the Platform and create an account. You may not access or use the Solution unless you agree to abide by the Terms and Conditions. you should immediately stop accessing the  Solution and using the Platform for the Solution if you don't accept the Terms.

Applicability

  • Unless the context otherwise requires, the following definitions shall apply:

Your Business and Shopper Experience

  • All aspects of your business and the experiences of your shoppers are entirely your responsibility. These include: (i) your website and online shopping; (ii) your online order capture experience (if the Company is not handling the capture process directly for you); (iii) your products and services; (iv) customer relations, including support services for any installation, use, configuration, and operation of your products and services; (v) your systems or the systems you purchase / lease  from third parties, including any fraud, errors, or downtime on such systems; (vi) your staff; and (vii) your adherence to all applicable laws, rules, and regulations on your responsibilities.

Use of the Solution

  • You must implement and maintain your e-commerce shopper experience in compliance with the Terms and Application Programming Interface(s) ("APIs") for the Solution, and ensure that your shopper/transaction data complies with the regulations necessary to transact business related to the Solution in the applicable territory, in order to connect to and use the Solution.

Your Information

  • The Solution depends on the information you provide to the Company (e.g., complete details on the product in order to legitimately resell your product with the Solution, process payments for your product, calculate any taxes due, and for Company’s software logic to help determine if a purchase is fraudulent), so you must provide to the Company in time  all the information in your control reasonably required by the Company to comply with its obligations.
  • You must respond promptly to any request for direction, information, or approval that is reasonably necessary for the Company to deliver the Solution for you or protect Company’s rights pursuant to these Terms. The information you provide must be accurate, true and complete, and if any information is or becomes materially inaccurate or incomplete, you must immediately notify the Company.

Company’s KYB and Anti Money Laundering Regulatory Obligations.

  • To set up your account, you must provide the Company with certain information, which includes our Know Your Business (“KYB”) account verification form and may include additional information in order to comply with anti-money laundering regulations.
  • As part of due diligence,  you authorise the Company to retrieve information  about you from third party service providers, including credit rating agencies and information bureaus and you authorise and direct such third parties to compile and provide such information to the Company. The Company shall conduct such due diligence to reasonably determine your eligibility for the use of the Solution. You authorize the Company to share any information it collects or receives from you with third party service providers, including credit rating agencies and information bureaus. You authorize the Company to conduct a customary commercial background check for these purposes and to assess the risk of our doing business with You. You agree to provide us with written notice not more than five (5) days after you receive a subpoena, civil investigative demand, or similar request for information from a federal, state, or local government, agency, or entity relating to your product and services sold through the Solution or your use of the Solution.

Licenses

  1. During the term of Your use the Company grants you:
    1. a limited, conditional, restricted, revocable, royalty free, non-assignable, non-sub licensable, non-transferable and non-exclusive right to access and use the Solution.
    2. a limited, conditional, restricted, revocable, royalty free, non-assignable, non-sub licensable, non-transferable and non-exclusive license to use the Company trademarks solely for the purposes of co-branding and promoting the Payment Processing Service. For the avoidance of doubt, the Company’s trademarks and logos shall be used for co-branding only in the form and appropriate legends as required.
  2. With your express written permission, the Company may include Your Company name and logo in marketing materials.

Intellectual Property

  • Company, and its licensors, own all worldwide intellectual property rights in the Proprietary Materials used for providing the Solution to you. You acknowledge that nothing in the terms shall be construed to vest in or transfer to you, either directly or by implication, estoppel or otherwise, any right, title or interest in or to Company's Proprietary Materials, other than as explicitly granted under the Terms..
  • You hereby grants to the Company a non- exclusive, sub licensable, worldwide, royalty free, delegable, transferable licence to copy, reproduce, store, publish, export, adapt, edit and translate your data to the extent reasonably required for the performance of Company's contractual obligations and the exercise of rights under the Terms.

Confidentiality

  • Each party shall keep the other party's Confidential Information confidential and shall not: (a) use such Confidential Information except for the purpose of exercising or performing its rights and obligations under the Terms; or (b) disclose such Confidential Information in whole or in part to any third party, except with prior written consent.
  • The provisions of this Clause shall not apply to any Confidential Information that: (a) is or becomes generally available to the public (other than as a result of its disclosure by the receiving party in breach of this Clause); (b) was available to the receiving party on a non-confidential basis before disclosure by the disclosing party; (c) was, is or becomes available to the receiving party on a non-confidential basis from a person who, to the receiving party's knowledge, is not bound by a confidentiality terms with the disclosing party or otherwise prohibited from disclosing the information to the receiving party; (d) the parties agree in writing is not confidential or may be disclose; or (e) which the Company is required to disclose under the Applicable Laws.
  • Notwithstanding Clause 9.1, the Company may disclose Your Confidential Information to its employees, professional advisers, insurers, agents and subcontractors, as well with the affiliates and other group companies, Payment Service Providers and Financial Partners who have a need to access Your Confidential Information for the performance of their obligations with respect to this Terms.
  • Responding to Legal Process the Company may respond to and comply with any writ of attachment, lien, levy, subpoena, warrant, or other legal order ("Legal Process") that the Company believes to be valid. The Company may deliver or hold any funds or, subject to the terms of the Privacy Policy, any Data as required under such Legal Process, even if You are receiving funds or Data on behalf of other parties. Where permitted by Applicable Law, the Company will make reasonable efforts to provide You the Notice of such Legal Process by sending a copy to the email address the Company has on file for You. The Company is not responsible for any losses, whether direct or indirect, that You may incur as a result of our response or compliance with a Legal Process.

Material Change

  • If you are subject to a material change in circumstances (including without limitation a change in ownership, a material change in your financial condition, a material change in your product or services, or a change in the laws or regulations applicable to your business) that we believe, in good faith, is likely to cause you or us to be in violation of an applicable law, rule or regulation or which represents a material economic or liability risk to the Company, in such case the Company may immediately, on notice to you, (i) establish and maintain an offset in an amount we in good faith specify, based on an increased risk to us of chargebacks, refunds, or penalties; (ii) institute a delay in our payments to you; (iii) suspend or limit your use of the Solution; or (iv) terminate the engagement.

Term and Termination

  • The Terms govern your use of the Solution until for as long as you use the Solution. The term will automatically renew for one (1) year periods unless either party provides written notice of termination to the other at least ninety (90) days in advance of the end of the then-current term.
  • The Company may terminate this engagement with you or suspend the use of the Solution  to you in if any of the following occurs:
    • You are in breach of the Terms.
    • The Company solely determines that your use of the Solution exceeds the Risk tolerance of the Company, Payment Service Providers or Financial Partners.
    • There is an order from the Payment Service Providers, Financial Partners or regulatory body to limit the Payment Processing Services to you.
    • You do not meet any of Your payment obligations to the Company.
    • It is illegal for the Company to provide the Solution to you.
    • The Company determines that your business model has materially changed or that the business activities have changed materially to pose significant Risk to the Company.
    • Your actions have caused Losses to the Company.
    • The Company solely determines that your use of the Solution involves unusual or suspicious transactions and/or entails higher risk of involvement with money laundering and terrorist financing.
    • The Company in its sole and absolute discretion suspects that you are engaged in activity that is unlawful.
  • Either Party can terminate in the following situations:
    • The other Party is in breach of the Merchant Agreement and fails to cure the breach within 30 days of being notified of by the other Party.
    • The other Party becomes the subject of any voluntary or involuntary proceedings in bankruptcy, liquidation, dissolution, receivership or similar action for the benefit of The creditors which is not revoked in 60 days.
  • Effects of Termination:
  • Notwithstanding the clause above, the termination does not relieve you of any obligations to pay any Service Fees, Penalties, Refunds, Chargebacks or any other amounts owed by you to the Company, irrespective of whether it has accrued prior or after termination. The Company also reserves the right to withhold any payment post termination if it is reasonably determined that the Company may incur Losses resulting from your actions or any other legal Risks associated with your Account. The Company shall communicate in writing the reason for withholding the payments and give you a timeline for releasing the funds.

Representation and Warranties

  • Each Party represents and warrants that:
    • It has all necessary rights, authorizations, licenses and permits for its operations, and it has  undertaken and fulfilled all actions and conditions to enter, to perform under, and to comply with its obligations under the Terms.
    • It will operate its business in a professional manner in accordance with all applicable laws, rules, regulations and generally accepted standards and practices in its industry.
    • Its product, services and websites (i) do not contain any viruses, spyware, malware or other disruptive software, or any violent, sexual or otherwise offensive or illegal material that may give rise to civil liability on the other party’s part, and (ii) do not violate any product-related laws or infringe or misappropriate any third party intellectual property or proprietary rights.
  • The Company warrants that the Solution will perform the Solution in a professional manner in accordance with applicable laws, rules and regulations and accepted standards and practices in the Industry.

Disclaimers

  • To the maximum extent permitted by any applicable law, the Company makes no warranty of any kind, whether express, implied, statutory or otherwise, regarding any matter, and specifically disclaims all implied warranties, including without limitation any implied warranty of merchantability, fitness for a particular use or purpose, accuracy of informational content, systems integration, non-interference with enjoyment, non-infringement of third party rights, results to be derived from the use of or integration with the Solution.
  • The Solution is provided "as is", and as available exclusive of any warranty whatsoever.
  • The Company does not make any warranty that the Solution will be error free or uninterrupted. The Solution may be subject to limitations, delays, and other issues inherent in the use of the internet and the type of technology that the Company may use.

Liability and Indemnification

  • You agree to solely bear all risks from your use of the Solution without any recourse to the Company.
  • You agree to indemnify, defend, save and hold harmless the Company, its Relevant Persons and affiliates from any and all Losses and Claims arising out of (i) violation of the Terms (ii) breach of applicable laws (iii) Chargebacks (iv) Your negligence or wilful misconduct in the performance of the obligations (v) any inquiries, investigation or actions by Payment Service Providers, Financial Partners, any governmental body (vi) Fraud

    In addition, because you are responsible for your product and your business, and because the Solution relies on and processes the information and instructions you provide to The Company, you agree to indemnify, defend and hold the Company harmless against any Claims for (i) your failure to comply with Clause 3 (Your Business and Shopper Experience), Clause 5 (Information You Provide) or Clause 6 (Company’s KYB and Anti Money Laundering Regulatory Obligations) of these Terms, and (ii) any failure to comply with applicable laws, rules or regulations to the extent the failure is caused by or results from your instructions, actions or omissions. You shall not sell any video games that are banned in the country. If you sell a banned video game, then in that case you shall indemnify and hold harmless us from and against any and all claims, damages, losses, liabilities, costs, and expenses (including reasonable attorneys' fees) arising out of or in connection with the sale of the banned video game. You shall indemnify and hold us harmless from and against all losses, damages, liabilities,costs and expenses (including reasonable attorney fees) arising out of or in connection with any claim that our goodwill or reputation has been damaged as a result of your breach under the Terms.
  • Company’s liability shall be limited under all circumstances to You under these Terms shall be limited to the total amount of all fees received during the three (3) months prior to when the first claim arose.
  • DigiTrade, and its Relevant Persons and affiliates shall not be liable for any Losses or Claims arising from (i) loss or interruption of business, (ii) access limitations, delays, interruptions or disturbances to the solution, (iii) mistakes, distortions or delays in transmissions of electronically stored information, including disappearances of such information, (iv) actions or inactions by You or of third parties (such as shoppers or your suppliers), (v) agreements you have with your shoppers or suppliers, or for your products, services, or systems, or (vi) events beyond our reasonable control.

Data Processing

  • The Company will at all times comply with the provisions of applicable data protection law. You and the Company agree that in relation to any Personal Data that the Company processes on your behalf in carrying out its obligations under these Terms, you will be the data controller and the Company will be the data intermediary.
  • The Company shall process the Personal Data for the purposes specified in the Terms only and any lawful instructions reasonably given by you to the Company from time to time and not for any other purpose. This includes having appropriate technical and organizational safeguards to protect the Personal Data that is processed as well as retaining the Personal Data for as long as it is required for the purposes it was collected for, or for any other legal or business purposes.
  • The Company has the right to appoint sub-processors for parts for processing of Personal Data, provided that the sub-processor assumes the same obligations as the Company as a data intermediary.
  • You acknowledge that the Company relies on you to determine the extent to which the Company is authorized to use and process the Personal Data that you provide, and you represent and warrant that you have obtained, in accordance with applicable legal requirements, all consents necessary for relevant collection, use and disclosure of all such Personal Data. As a result, to the extent that such action or omission resulted from your instructions, the Company will not be liable for any claim brought by a data subject, i.e. Buyer, arising from any action or omission by the Company.

Amendments

  • The Company may amend any provision of the Terms for commercial, legal or regulatory reasons. The Company shall notify you of the amendment, providing the cause of the amendment and the revised Terms. You are required to respond within (a) 7 days of notification if the cause is regulatory or legal, or (b) 30 days if the cause is commercial. If you do not respond to the notice within the stated period, then it shall be deemed to have accepted the Terms. If you do not accept the amendment, in that case the Company reserves the right to terminate the engagement.
  • The Company may at any time, without prior notice to you, (a) re-engineer the API connection; (b) reconfigure or change the location of its infrastructure; (c) modify or replace technology and service architecture without adversely impacting the Solution and at no additional cost to you.

Notices

  • You agree that the Company can provide Notices regarding theSolution to you through its website or through the Dashboard, or by mailing Notices to the email or physical addresses identified in your Account. Notices may include notifications about your  Account, changes to the Solution, or other information the Company is required to provide to you.
  • You also agree that electronic delivery of a Notice has the same legal effect as if the Company has provided to you with a physical copy. The Company will consider a Notice to have been received by you within 24 hours of the time a Notice is either posted to Company's website or emailed to you.

Assignment

  • The Company may, at any time, assign, mortgage, charge or otherwise transfer any or all of its rights and obligations under the Terms without restriction.
  • You may not assign, mortgage, charge or otherwise transfer any of your rights and obligations under the Terms without the prior written consent of the Company and your Counterparty. Any attempted assignment of mortgage, charge or otherwise transfer in violation of the Terms shall be null and void.

No Third Party Beneficiaries

  • The Terms are for the sole benefit of the parties hereto (including our corporate affiliates) and does not create any third-party beneficiaries, whether intended or incidental.

Force Majeure

  • Neither Party shall be liable for any delay in performing its obligations under the Terms, if such delay is due to a Force Majeure Event, to the extent that such failure or delay is beyond the Part’s reasonable control. circumstances beyond the Party’s reasonable control.  If the Force majeure Event occurs, the Party affected by Force Majeure Event shall use all reasonable efforts to mitigate the effects of the Force Majeure Event. If a Force Majeure Event continues for more than 60 days, either Party may terminate the engagement by giving written notice to the other Party.

Waiver

  • No waiver of any provision or breach of the Terms will be effective unless made in writing, nor will it be construed to be a continuing waiver of such provision or breach.

Governing Law and Arbitration

  • The Terms shall be governed by and construed in accordance with the laws of the Delaware, United States.
  • Any Dispute, controversy or claim arising out of or in connection with these Terms shall be settled in accordance with the rules of American Arbitration Association Rules (AAA Rules”), subject to the following:
    • The place of arbitration shall be in Delaware, United States unless otherwise agreed by the Parties;
    • The language of the arbitration shall be English;
    • The number of arbitrators shall be one (1) and appointed in accordance with the said Rules.
  • Any decision or award made by an arbitrator in accordance with these Terms shall be final and binding on the parties to such arbitration and the parties to such arbitration expressly waive their rights to appeal any such decision or award.

Severability

  • If any provision of the Terms or part thereof is rendered void, invalid, illegal or unenforceable by any legislation to which it is subject or by a decision of a court of competent jurisdiction ("Affected Provision"), the Affected Provision shall be rendered void, invalid, illegal or unenforceable only to that extent and it shall in no way affect or prejudice the enforceability of the remainder of the Affected Provision or the other provisions of the Terms.

Services Terms and Conditions for the Solution

Your Product(s)

  • You are solely responsible for the product(s) you offer for sale through the Solution.

Resale Transactions

  • A shopper's offer to buy a product made through your e-commerce website is an offer to buy the product from the Company. Should the Company accept the shopper's offer, it will enter into a direct contract with the shopper for the product and declare itself—as well as you—to be a reseller of the goods (the “merchant” for the purposes of the sales transaction). The Company will purchase the product that the shopper has offered to purchase from you, and you will sell and transfer title to that product to the Company for our resale of the product to the shopper.
  • In its capacity as an authorized reseller and merchant, the Company is entitled to keep the whole purchase price—along with any applicable taxes and fees—for the products it sells to shoppers, net of any money the Company owes you for the product's original purchase for resale or as otherwise specified in the Terms.

Fraud Screening

  • The Company will use fraud screening tools to screen for, detect, and prevent fraudulent activity related to the sales from shopping or order capture experience linked to the Solution, and will take any further reasonable necessary actions. Based in part on the fraud data points you are required to provide to the Company in accordance with the Terms and your input when requested to support our anti-fraud initiatives, the Company will decide whether fraud exists or is possible.

Notice

  • It is your responsibility to give the shopper a notice outlining the Company’s role as reseller of the products. The terms and conditions of the sale, which will control the product’s resale to the shopper must be given to the shopper by you.

Tax

  • Tax Compliance by the Company The Company will use its entity structure, local tax registrations, and third-party tax software to calculate the appropriate taxes a shopper is responsible for paying on an order and the Company (as the reseller to the shopper) will be responsible for tax compliance related to that transaction. If a jurisdiction audits the tax related to sales to a shopper, the Company will be the subject of the audit as the reseller to the shopper but may request reasonable information from you in addition to the data we already possess which may be necessary for us to respond to these inquiries.
  • Statutory Invoicing The Company will use commercially reasonable efforts to enable shoppers with the proper country specific tax invoice required for the order.
  • Taxes on Sales by You to the Company You are solely responsible for the collection and remittance of any applicable GST, value-added tax, or other consumption-based taxes on sales of product(s) by you to us and, unless otherwise agreed, you will provide us with a valid tax invoice for any taxes payable by us to you.You will hold us harmless from and against your failure to promptly and properly collect taxes from the Company on the sale of a product from you to the Company (including without limitation interest and penalties resulting therefrom).
  • Income Tax In no event will the Company be responsible for any tax based on your net income or similar basis (including without limitation amounts for non-resident withholding taxes retained from amounts due to you and remitted to a taxing authority by the Company if the Company is required to do so), or the preparation of any tax return related thereto.

Payment Transaction Processing

  • Company will use its owned merchant accounts and the Solution will process the payment transaction as set forth herein and in accordance with the specific payment methods and costs for accepting the payment methods, as well any local currencies, and if necessary, currency conversions. If the Company requests, you will provide shopper order validation and authorization information to the Company. You will immediately inform the Company if there is any reason to believe that any information and/or instructions you provided to Company have been incorrectly processed or sent to the Company (including, but not limited to, incorrect instructions about refunded payments).

Process Authorizations, Refunds and Chargebacks

  • The Company will process authorization(s), capture, refund and chargeback transactions through one of its payment processing relationships.

Warranty and Recalls

  • You are solely responsible for all warranty and recall obligations relating to product(s) in accordance with your warranty policy, but in no event inconsistent with the laws and regulations of the jurisdictions in which the product(s) are sold. You will notify the Company of any public or private recall or claim of infringement, or of any other liability or claims involving or relating to a product that the Company offers for resale. The Company will provide reasonable assistance in such cases, so long as you will pay all of Company’s  related expenses.

Payments to You

  • Once the Company has received notification of fulfillment for processed transactions, the Company  will collect and reconcile the funds paid by the shopper for the purchase of your product, and payments to you will be aggregated into a payment to you.
  • Payment Calculations Your payments are computed by taking the amounts collected from shoppers net of third-party costs related to the transaction that the Company remits (such as taxes, regulatory fees, or shipping costs that the Company is obligated to pay), and offsetting refunds, chargebacks and penalties and Company’s charges in accordance with the Order Form. If the collected amounts are not enough to cover the offsets, the Company will invoice you for the difference in accordance with the payment terms in the Order Form.
  • Treatment of Refunds & Cancellations The Company  is entitled to retain its charges earned on transactions processed by it, even if the transactions cannot be successfully settled, or become subject to refund or cancellation.
  • Authorization or Receipt of Payment Does Not Equal Payment The issuance of an authorization for a transaction or the payment for a transaction is not an assurance of that transaction’s validity. Any transaction may be subject to a reversed payment if permissible under the regulations or guidelines imposed by banks, card associations or legal or regulatory payment authorities. The Company will have complete discretion regarding the settlement of any kind of reversed payments and/or disputes with Payment Service Providers, Financial Partners, including but not limited to, the settlement of disputes regarding reversed payments.

Additional Services- In case Physical Products are sold

  • The below terms and conditions shall apply to you if we are reselling the physical product(s) on your behalf:
  • Shipping Methods and Rates the Solution receives available shipping method(s) and relevant respective shipping rates from the fulfillment service (which may be our Fulfillment Service).
  • Delayed Payment Type Management Orders using payment types that cannot be settled until further action is taken by the shopper will be held by the Company pending that action.
  • Order Cancellation Upon your instruction to GSS, we will communicate to the fulfillment service (which may be our Fulfillment Service) to withhold fulfillment of a physical product order if you cancel the order prior to it being sent for fulfillment (and upon confirmation, GSS will instruct the payment service to release any holds on the associated payment instrument(s)).
  • Warehousing and Delivery The party responsible for warehousing and delivery to the shopper of products we offer for sale under the Agreement will be specified in an Order Form.  In the event of a conflict between the Agreement and any Incoterms, the Agreement will control.
  • Physical Products Delivered by You as Company’s Fulfilment Agent
    1. Inventory Controlled by You for Resale by Us. The Company will only accept for resale (i) your own inventory (which you will keep while it is in your warehouse) that is in free circulation, cleared by customs (duty and tax paid), and available for resale; (ii) inventory of each product's most recent version, appropriately labeled for use in the approved countries, including all certifications, approvals, and authorizations required for use in those countries.
    2. Inventory Fulfilled by You. You agree to take on a limited role as our fulfillment agent with the sole responsibility of warehousing and shipping to Shoppers. You will fulfill orders on time or cancel delayed orders within the right timeframes, as required by law. All expenses related to the provision of delivery and warehousing services are your responsibility.  To fulfill your fulfillment obligation, you may use a third-party fulfillment agent that the Company has approved (approval not to be unjustly withheld or delayed).  About your responsibilities to fulfill orders for product you have bought from the Company, you are accountable for any actions or inactions (and your third-party fulfillment agent shall be held accountable for any actions or inactions). Upon request, you will promptly furnish  the proof of shipment for a specific shipment to the Company. You will, where appropriate, be the importer of record for all shipments of physical products to your warehouse, bear all shipping costs, and assume all loss liability.
    3. Shipping Costs; Discounts. For the shipment of physical products, you will use your own or your agent's shipping account. You bear all liability for any loss of your products during transit to the shopper  while they are in your or your agent's custody or control.  For each product that you fulfill on Company’s behalf, you will give the Company your warehousing and shipping costs, which the Company will then collect from the customer and send back to you.
    4. Delivery Delays Caused by You. We will have no liability for any delays to shoppers created by the delivery of products by you, or the delivery of any non-conforming product to the description you provided to us.
    5. Additional Shipping Requirement. You agree that for products sold and fulfilled as our agent using the Solution, you will prohibit any change to the delivery address unless initiated by us.
  • Return on Physical Product(s)
    1. Returns the Solution will process information related to returns of physical product(s).
    2. Reason for return the Solution is able to capture select return reasons to allow you to compile data on returns of physical products