Last updated: [Date]
Welcome to [App Name]! These Terms and Conditions ("Terms") govern your use of our fintech escrow and e-commerce application (the "App"). By using the App, you agree to comply with and be bound by these Terms. Please read them carefully.
By accessing and using the App, you acknowledge that you have read, understood, and agreed to these Terms, along with our Privacy Policy. If you do not agree to these Terms, you may not use the App.
[App Name] provides escrow and financial transaction services to facilitate secure payments and transactions between buyers and sellers on the App. We act as a neutral third party, holding funds in escrow until all terms of a transaction are met.
You must be at least 18 years of age to use the App. By creating an account, you represent that you meet the age requirement and are legally capable of entering into a binding contract.
To access the full features of the App, you must register for an account by providing accurate and complete information, including your name, email address, phone number, and payment information. You agree to keep your information up to date.
You are responsible for maintaining the confidentiality of your account credentials and for all activities that occur under your account. If you suspect unauthorized access, please contact us immediately.
When a transaction is initiated, funds will be held in escrow until the transaction terms are fulfilled. Both parties must confirm completion or resolution of any disputes before funds are released.
a. Buyer Responsibility: Buyers must fund the escrow as per the agreed transaction terms and ensure their payment method is valid.
b. Seller Responsibility: Sellers must fulfill the transaction terms, including the delivery of goods or services, to the satisfaction of the buyer.
We may charge fees for escrow services, including transaction fees, processing fees, or any applicable third-party fees. Fees will be clearly displayed before you initiate a transaction. By proceeding with a transaction, you agree to pay all applicable fees. Fees are generally non-refundable unless otherwise stated.
By using the App, you agree to:
a. Initial Resolution: In the event of a dispute between the buyer and seller, both parties are encouraged to resolve the issue through direct communication within the App.
b. Mediation Process: If the parties cannot resolve the dispute, [App Name] may intervene to mediate and help reach a resolution. Both parties agree to cooperate with our mediation process, which may include providing evidence, transaction details, and other necessary information.
[App Name] provides escrow services but does not guarantee the quality, legality, or safety of goods or services transacted on the App. By using the App, you acknowledge and agree that:
Users are prohibited from:
We reserve the right to suspend or terminate accounts found in violation of these Terms.
All content, logos, trademarks, and intellectual property related to [App Name] are the property of [App Name] or its licensors. You are granted a limited, non-exclusive, non-transferable license to access and use the App for personal, non-commercial purposes. Unauthorized use of our intellectual property is strictly prohibited.
We may update these Terms to reflect changes in our practices or services. If we make significant changes, we will notify you by posting the updated Terms on the App. Your continued use of the App after any updates constitutes your acceptance of the new Terms.
We reserve the right to suspend or terminate your access to the App at our discretion, with or without notice, if you violate these Terms or if we determine it is necessary for security or operational purposes.
These Terms shall be governed by and construed in accordance with the laws of [Jurisdiction]. Any disputes arising out of or related to these Terms or the App shall be subject to the exclusive jurisdiction of the courts in [Jurisdiction].
If you have questions, concerns, or feedback regarding these Terms, please contact us at:
[Your Contact Information]
Email: [Your Contact Email]
Phone: [Your Contact Phone Number]