Términos & Condiciones

TERMINOS Y CONDICIONES GENERALES DE VENTA


CATALOGO DE PRODUCTOS INTERNET PIPAS & TABACO

El Catálogo de Productos Internet de PIPAS & TABACO, en adelante “el Catálogo Internet”, que está dispuesto y tiene su funcionamiento en la página web www.electrovinilos.cl es de propiedad de «PIPAS & TABACO” y constituye un espacio de exhibición y oferta de productos dirigido a sus clientes que se encuentren registrados como usuarios, y en el cual la participación de éstos, en adelante, indistintamente “usuarios” o “clientes”, está sujeta a las normas que a continuación se expresarán
Todas las visitas y todos los contratos y transacciones que se efectúen en el Catálogo Internet, como asimismo sus efectos jurídicos, se sujetan a los presentes términos y condiciones, así como a la legislación chilena vigente, en particular a la Ley sobre Protección de los Derechos de los Consumidores.

1.- Será requisito necesario para la adquisición de productos y servicios en este sitio:

1.1.- La aceptación de las presentes condiciones.
1.2.- La identificación del cliente con su nombre completo, Rut, dirección particular, correo electrónico y número(s) de teléfono(s).
1.3.- El registro del cliente como usuario para efectuar compras a través del sitio web.

2.- Estos términos y condiciones podrán variar en cualquier momento, reflejándose dichos cambios periódicamente en la presente página de Términos y Condiciones del sitio web de PIPAS Y TABACO.

3.- El cliente deberá seleccionar un nombre de usuario y una contraseña de acceso personal. El cliente no podrá elegir como nombre de usuario o contraseña palabras y/o expresiones que sean contrarias a la ley o a las exigencias de la moral y las buenas costumbres o palabras y/o expresiones sobre las que recaiga algún derecho que excluya la utilización de las mismas por parte del usuario. El usuario tampoco podrá seleccionar palabras o expresiones que sean injuriosas, calumniosas u ofensivas. Tampoco podrá haber dos o más usuarios con el mismo nombre. El usuario podrá cambiar su contraseña de acceso en cualquier momento. El usuario dispondrá en todo momento de los derechos de información, rectificación y cancelación de los datos personales conforme a la Ley Nº 19.628 sobre protección de datos de carácter personal.

4.- La sola visita del sitio web de PIPAS Y TABACO, no impone al consumidor obligación alguna, a menos que haya aceptado en forma inequívoca las condiciones ofrecidas por el proveedor a través del presente instrumento. Se entenderán conocidos y aceptados estos Términos y Condiciones por el sólo hecho del registro, el que se llevará a cabo completando y suscribiendo el formulario que al efecto se contiene en el sitio web y su posterior envío, el cual se realiza automáticamente mediante un «click» en el elemento respectivo.

5.- El usuario se compromete y es el único responsable de hacer un uso diligente de su cuenta y contraseña, de manera que su entrega a terceros y/o utilización indebida por parte de terceros no será responsabilidad de PIPAS Y TABACO. Con todo, el usuario podrá solicitar al correo electrónico [email protected] la cancelación de su cuenta.

EL USUARIO RELEVA A «PIPAS Y TABACO» DE TODA RESPONSABILIDAD POR CUALQUIER DAÑO O PÉRDIDA QUE SUFRA COMO CONSECUENCIA DEL USO NO AUTORIZADO DE SU CONTRASEÑA Y/O CUENTA POR PARTE DE TERCEROS.

6.- Los precios exhibidos a través del Catálogo Internet sólo tienen aplicación para las compras efectuadas en el Catalogo Internet de BE AND FIT y no son aplicables a transacciones efectuadas en las tiendas de PIPAS Y TABACO. Asimismo, los precios exhibidos en las tiendas de BE AND FIT, no necesariamente tienen aplicación a las transacciones efectuadas en el Catálogo Internet.

7.- PIPAS Y TABACO se reserva el derecho a modificar, sin previo aviso, cualquier información contenida en el Catálogo Internet, especialmente, en relación con los precios, stock, características y especificaciones de productos, descuentos y ofertas en general.

8.- En caso que el precio de un producto, por un error involuntario de PIPAS Y TABACO, se encuentre publicado a un valor en exceso inferior a su valor de costo o a un valor irrisorio (por ejemplo precio de venta $10 ó $20), PIPAS Y TABACO se reserva el derecho de dejar sin efecto la transacción o rectificar la oferta a fin de que el usuario tome conocimiento del precio real del producto.

9.- De conformidad con lo dispuesto en el artículo 3º bis letra b) de la ley 19.496 que establece normas sobre Protección de los Derechos de los Consumidores, PIPAS Y TABACO dispone expresamente que en las compras efectuadas a través del Catálogo Internet o mediante cualquier otra forma de comunicación a distancia, NO PROCEDERÁ EL DERECHO DE RETRACTO dispuesto por la referida norma, lo que se considerará condición esencial en las ventas de los productos de PIPAS Y TABACO.
10.- En los contratos ofrecidos por medio de este sitio, PIPAS Y TABACO informará, de manera inequívoca y fácilmente accesible, los pasos que deben seguirse para celebrarlos, e informará, cuando corresponda, si el documento electrónico en que se formalice el contrato será archivado y si éste será accesible al usuario.
El solo hecho de seguir los pasos que para tales efectos se indican en este sitio para efectuar una compra, equivale a aceptar que efectivamente PIPAS Y TABACO ha dado cumplimiento a las condiciones contenidas en este número. Indicará, además, su dirección de correo postal o electrónico y los medios técnicos a disposición del usuario para identificar y corregir errores en el envío o en sus datos.
11.- Toda aceptación de oferta quedará sujeta a la condición suspensiva de que PIPAS Y TABACO valide la transacción, una vez producido lo cual se entenderá formado el consentimiento entre las partes. En consecuencia, para toda operación que se efectúe en este sitio, la confirmación y/o validación o verificación por parte de PIPAS Y TABACO, será requisito para la formación del consentimiento. Para validar la transacción BE AND FIT deberá verificar:
11.1.- Stock disponible al momento en que se acepta la oferta.
11.2.- Validación del medio de pago elegido por el cliente.
11.3.- Validación de los datos registrados por el cliente. Estos deberán coincidir con los ingresados por el cliente en el sitio web de BE AND FIT al momento de registrarse o al momento de haber aceptado la oferta.
Una vez que se cumplan estos presupuestos de compra, el sitio web desplegará en el carro de compras del usuario la orden de compra final, en que se hará un resumen de los productos y costos que el usuario haya agregado a la Bolsa de Compras.
La orden de compra no representa obligación para PIPAS Y TABACO hasta que no haya sido aceptada por esta.
Para informar al usuario acerca de esta validación, PIPAS Y TABACO enviará una confirmación escrita a la misma dirección electrónica que haya registrado el usuario aceptando la oferta, o por cualquier medio de comunicación que garantice el debido y oportuno conocimiento del consumidor, el que se le indicará previamente en el mismo sitio web.
12.- Los medios de pago que se pueden utilizar para compras en el Catálogo Internet son: TARJETAS DE CREDITO Y DEBITO. Estas tarjetas para ser aceptadas, deben haber sido emitidas por bancos nacionales en Chile.
13.- Los aspectos relativos al funcionamiento de las tarjetas bancarias aceptadas en los presentes Términos y Condiciones, están sujetos al contrato existente entre el cliente y el Banco emisor, sin que a PIPAS Y TABACO le quepa responsabilidad alguna en relación con el contenido de tales contratos.
14.- El número máximo de cuotas para la compra de un producto, está sujeto a evaluación crediticia y al tipo de producto. Al momento del pago, el sistema informará el número máximo de cuotas disponibles para el producto seleccionado.
15.- Al momento de ser validada la transacción se contactará al cliente vía correo electrónico, a la dirección de e-mail ingresada por el cliente al momento de registrar sus datos personales en el sitio web. En caso que se estime necesario por parte de PIPAS Y TABACO el cliente podrá ser contactado por otro medio de comunicación, con el objeto que el cliente sea informado de dicha validación.

16.- Los productos adquiridos a través del Catálogo Internet se sujetarán a las condiciones de despacho disponibles en el sitio. La información del lugar de envío es de exclusiva responsabilidad del usuario el que deberá proveer de un número telefónico de contacto debe ser entregado obligatoriamente por el usuario al llenar el formulario con sus datos de despacho. Los plazos elegidos para el despacho y entrega, se cuentan desde que PIPAS & TABACO haya enviado el correo de confirmación del despacho con lo dispuesto en la cláusula 11 anterior. Los referidos plazos serán de 72 horas hábiles, esto es, de lunes a viernes, excluyendo días festivos.

17.- La boleta o factura correspondiente a la compra será entregada conjuntamente con la mercadería.
18.- Una vez recibido el producto éste debe revisarse minuciosamente de manera de constatar su buen estado. Si al momento de recibir la compra, el embalaje o el producto se encuentra en mal estado, el usuario no deberá recepcionar el producto ni la guía de despacho, Posteriormente, deberá al correo electrónico [email protected] de manera PIPAS & TABACO pueda dar solución al problema.

SI EL USUARIO FIRMA LA GUÍA DE DESPACHO Y COLOCA SU NOMBRE, RUT Y FIRMA, SE ENTENDERÁ QUE VALIDA LA ENTREGA CONFORME DEL PEDIDO.

19.- Los usuarios podrán solicitar cambios de productos, dentro del territorio de Chile continental, los que podrán ser aceptadas por PIPAS & TABACO, a fin de obtener plena satisfacción del cliente, en el caso que el producto NO cumpla con las características técnicas o estéticas presentadas en el catalogo el cliente podrá solicitar la devolución del dinero o envío del producto con las características presentadas en el catálogo, en cuyo caso el usuario deberá solicitar el retiro a PIPAS & TABACO, indicando el lugar desde donde deba hacerse, y PIPAS & TABACO deberá pagar los gastos que este retiro involucre.
Los requisitos para cualquier cambio son los siguientes:
19.1.- Solicitarlo dentro de los 48 horas posteriores a la recepción del producto.

19.2.- El producto debe estar sin uso, con etiquetas, en perfectas condiciones y debe tener los embalajes originales. Asimismo, deben restituirse todos sus accesorios, manuales y pólizas de garantía. Si el producto está sellado al vacío no debe ser abierto.
20.- En caso que el producto haya sido usado o probado, sólo se podrá efectuar el cambio si dentro de los 3 meses posteriores a la compra, presenta una falla o desperfecto que pueda ser certificado por un servicio técnico de PIPAS & TABACO. Sólo se procederá al cambio o devolución una vez establecido que la falla tiene origen de fábrica y no es atribuible al cliente.

21.- Los usuarios que necesiten corregir errores de envío de información o modificación de datos deberán solicitarlo al correo electrónico [email protected]

CRYPTO.COM PAY MERCHANT T&C

Last material update: February 2021

1. INTRODUCTION

The Pay Services (described below) are provided to you by Foris DAX Global Limited, a company organized under the laws of Ireland (together with its Affiliates (defined below), “Crypto.com”).

These terms and conditions (“Terms” or “T&Cs”), as well as the Commercial Agreement (defined below) and any attached country annexes (“Annex”) (if any), will apply to your use of Pay Services (defined below). In the event of any inconsistency between these Terms and any Annex, the relevant Annex shall prevail.

2. DEFINITIONS

“Applicable Law” means any law, rule, statute, subordinate legislation, regulation, by-law, order, ordinance, protocol, code, guideline, treaty, policy, notice, direction or judicial, arbitral, administrative, ministerial or departmental judgment, award, decree, treaty, directive, or other requirement or guideline published or in force at any time which applies to or is otherwise intended to govern or regulate any person (including all parties to this Terms), property, transaction, activity, event or other matter, including any rule, order, judgment, directive or other requirement or guideline issued by any governmental or regulatory authority;

“Affiliate” means a corporation directly or indirectly, controlling, controlled by or under direct or indirect common control with another person, entity or company;

“AML Laws” has the meaning given to it in Section 21;

“Annex” has the meaning given to it in Section 1;

“Commercial Agreement” means the agreement between you and us which set out the commercial terms for the provision of the Pay Service;

“Crypto.com” has the meaning given to it in Section 1;

“Crypto.com App” means the mobile application software developed, owned and released by Crypto.com and available for download for Android or Apple iOS, and any and all updates, upgrades, supplements, releases and versions thereof;

“Crypto.com Pay Technology” has the meaning given to it in Section 17.

“Customer” means the customers who transact through the Sales Channel using our Pay Services;

“Digital Asset” means cryptographic tokens, digital currencies, cryptocurrencies, virtual currencies, or other digital assets that are supported by Crypto.com;

“Force Majeure Event” means an event or failure which is beyond our reasonable control including (i) Acts of God (including without limitation, natural disasters, epidemics, pandemics), court or government; (ii) failure or interruption in public or private telecommunication networks, communication channels or information systems; (iii) acts or omissions of acts of a party for whom we are not responsible; (iv) delay, failure or interruption in, or unavailability of, third party services and sites; (v) strikes, lockouts, labour disputes, wars, terrorist acts and riots; (vi) viruses, malware, other malicious computer codes or the hacking of any part of the Pay Services;

“include/including” means to include without limitation;

“Instructions” means all information, instructions, communications, orders or messages (including those relating to payments, transfers or other transactions) referable to you;

“Merchant Account” means the account you open and maintain with Crypto.com for the use of the Pay Services;

“Merchant Marks” has the meaning given to it in Section 18;

“OFAC” has the meaning given to it in Section 21;

“Pay Services” has the meaning given to it in Section 3;

“Personal Data” means any information relating to an identified or identifiable natural person; an identifiable natural person is one who can be identified, directly or indirectly, in particular by reference to an identifier such as a name, an identification number, location data, an online identifier or to one or more factors specific to the physical, physiological, genetic, mental, economic, cultural or social identity of that natural person;

“Prohibited Activities” has the meaning given to it in Section 5;

“Sales Channel(s)” means the websites or platforms managed by you for selling your goods or services, which are approved by Crypto.com for the use of the Pay Services and described in the Commercial Agreement;

“Site” means the website at www.crypto.com;

“Supported Cryptocurrency” means all the cryptocurrencies listed on the Crypto.com mobile wallet application;

“Taxes” means any taxes, duties or fees that incurred, or required to be collected, paid or withheld for any reason in connection with your use of the Pay Services under any Applicable Law;

“Terms” or “T&Cs” has the meaning given to it in Section 1;

“Trade Control Laws” has the meaning given to it in Section 21;

“Transaction(s)” means the successful purchases made by your Customer(s) on your Sales Channel;

“VAT” has the meaning given to it in Section 24;

“we/us/our” means Crypto.com; and

“you/your” means the user(s) of the Pay Services.

3. THE SERVICES

We offer a payment service whereby we act as an acquiring and authorising processor which enable your business to accept and process Digital Assets as payment from your Customers for goods, services, or donations made through the Sales Channels (the “Pay Services”).

You authorise and appoint us and our payment partners, to act as your agent for the limited purposes of receiving, holding and disbursing to your bank account or any Digital Asset wallet addresses (as the case may be) such funds received from the Customers on your behalf and to take any and all actions necessary to provide the Pay Services and to comply with Applicable Laws. Our obligation to remit funds collected by us on your behalf shall be limited to funds actually received and confirmed and that are not subject to any chargeback, reversal or similar condition. You agree that the receipt of funds by us from a Customer pursuant to Instructions you have provided the Customer or any Transaction, satisfies the Customer’s obligation to you to such extent, even if we fail to remit such funds. You further agree that we have no obligation to pursue any collection action associated with any Transaction, unsuccessful Transaction or Instructions.

4. ONBOARDING

By signing up for the use of the Pay Services, you represent and warrant that:

(a)you are at least eighteen (18) years of age;

(b)you have the full right, power, and authority to agree to these Terms;

(c)you are not resident or a Tax resident of, and do not otherwise have any relevant connection with, any jurisdiction which Crypto.com has notified as being subject to prohibitions or restrictions on accessing or using the Pay Services;

(d)you are not a resident or Tax resident of, and do not otherwise have any relevant connection with, any jurisdiction in which entry into or performing your obligations under these Terms or the delivery, holding, use or exchange of digital assets is unlawful or restricted in any way or requires licensing, registration or approval of any kind;

(e)you are not impersonating any other person, operating under an alias or otherwise concealing your identity;

(f)you are not located in, under the control of, or a national or resident of (i) any sanctioned countries or locations, or (ii) any country to which the United States has embargoed goods or services; and (iii) are not identified as a «Specially Designated National» by the Office of Foreign Assets Control of the U.S. Department of the Treasury;

(g)you are not placed on the U.S. Department of Commerce, Bureau of Industry and Security’s Denied Persons List;

(h)you will not use our Pay Services if any Applicable Laws in your country prohibit you from doing so in accordance with these Terms;

(i)you are compliant with all Applicable Law requirements to which you are subject, including without limitation, all tax laws and regulations, exchange control requirements and registration requirements; and

(j)you are not acting on behalf of or representing any other natural person, legal person or legal entity when using the Pay Services.

In order to use the Pay Services, you must successfully register for a Merchant Account by providing us with all satisfactory information and/or documents requested by us (including such information and/or documents as may be required by us for compliance with Applicable Law). Except where permitted by Applicable Law, all information and documents must be in the English language in order to process your registration for a Merchant Account. If the documents you provide are not in the English language (except where permitted by Applicable Law), you may be required to provide us with a certified English translation. Except where permitted by Applicable Law, Crypto.com shall not be responsible for the translation of any non-English documents and shall not be obliged to process or review any documents that are not in the English language.

You agree to, at all times, cooperate with all requests made by us or any of our third-party service providers on our behalf in connection with your use of the Pay Services, including to identify or authenticate your identity and the identity of your ultimate beneficial owner and senior management and to assess your business risk. We may require additional information or documents from you, which may include, but without limitation, identity proof of your ultimate beneficial owner, your tax identification number, and government-issued identification.

We are entitled, in our sole discretion, to refuse your application to register a Merchant Account, or to suspend, terminate or limit your use of the Pay Services or your Merchant Account at any time without providing any reason or explanation. We are also entitled, in our sole discretion and without providing reasons, to change the eligibility criteria for registration or use of the Pay Services at any time.

We may confidentially verify your identity and other information you provide to us, including conducting electronic identity verification checks on you and obtaining information about you ourselves or from third parties. By agreeing to these Terms, you acknowledge that we or a third party acting on our behalf will carry out such verifications and authorize us to undertake such verification checks on you.

You hereby represent and warrant that any and all information provided to us, our Affiliates or any of our third party service providers, is always complete, accurate and up to date in all respects and that in the event that such information ceases to be complete, accurate and up-to-date, you will provide us, our Affiliates and third party service providers which such revised and updated information without delay. You agree that it is your responsibility and that you have the affirmative duty to update us with any changes in your personal information or any other information you may have provided us with during registration or otherwise in the course of your use of the Pay Services. If at any time we believe that your information is incomplete, outdated or inaccurate, we may contact you and request further information or request that you go through the verification process again. Failure to complete any step of the registration process or provide up to date information may result in your inability to or adversely affect your use of the Pay Services. You undertake to indemnify us, our Affiliates and any third-party service providers for any and all losses and damage incurred as a result of your failure to provide complete, accurate and up to date information at any point prior to and following termination of the Pay Services.

5. PROHIBITED ACTIVITIES

You may not use the Pay Services to sell, conduct, facilitate or participate in the following prohibited activities (together the “Prohibited Activities”):

  • Tobacco products
  • Pharmaceuticals, including prescription drugs
  • Nutraceuticals
  • Drugs or other controlled substances and related paraphernalia
  • Firearms or ammunition, explosives
  • Weapons, including but not limited to crossbows, projectile weapons, swords and knives
  • Satellite and Cable TV descramblers
  • Government IDs and licenses, including counterfeited, replicas, and novelty items
  • Gambling, sports betting, lotteries, games of chance or skill where wagering and winning of money or anything of value is involved
  • Forex trading, CFDs, binary options, spread betting
  • Prepaid debit cards or other stored value cards that are not associated with a particular merchant and are not limited to purchases of particular products or services
  • Multi-level marketing, pyramid selling or Ponzi schemes, matrix programs or other “get rich quick” schemes or high yield investment programs
  • Goods or services that infringe the intellectual property rights of a third party, included but not limited to services offering anonymous browsing, illegal downloads, counterfeited/replica branded goods and products (including but not limited to designer shoes, bags, clothes, etc.)
  • Businesses that employ cold-calling tactics, pressure sales or unsolicited outbound telemarketing
  • Materials which incites violence, hatred or racism or which are considered obscene
  • Service on spiritual sites offering astrology, potions and magic or other similar businesses, such as fortune telling or dream interpretation
  • Items or materials that promote, encourage or facilitate illegal activities (including but not limited to essay writing services; sale of empty Nintendo DS game cards or MOD chips, offering leads, lists of emails/phone numbers of individuals, legal persons or legal entities, etc.)
  • Items incorporating proprietary rights (included but not limited to any intellectual property rights) belonging to third parties without full permission
  • Matrimonial services
  • Payday loans, consumer lending
  • Debt collection, debt elimination or reduction services, credit repair and counselling services, distressed property sales/marketing
  • One-time raffles for substantial prizes such as for example a car, yacht or house
  • Business relating to the generation of users, followers or fans
  • Charitable organizations
  • Timeshares or property reservations (Off and On Plan)
  • The sale, promotion, distribution or marketing of any products with unproven or doubtful efficacy (including but not limited to slimming pills and body enhancers)
  • Adult DVDs and websites containing adult images and videos, even if not considered as pornography
  • Pornography
  • File hosting and sharing services, (including resellers of such services)
  • Third party processing services
  • Payment aggregation services
  • Any other unlawful activities not listed above

6. THE TRANSACTIONS

When we accept payments in Digital Assets for the Transactions on your behalf, you agree and understand that you must:

(i)indicate to the Customers that the Transactions are being processed by us on your behalf;

(ii)provide the Customers with a receipt or notification confirming receipt of payment when such payment is received by us;

(iii)reconcile payment calculations with your own bookkeeping in a timely manner, any objections to Crypto.com must be made within thirty (30) days from the date of the Transaction; and

(iV)regularly review your Merchant Account for details of your ledger, transaction and settlement history and contact us immediately at[email protected] should you identify any error, discrepancy, or suspected unauthorised activities.

In connection with the Transactions on your Sales Channel, you are solely responsible for:

(i)the nature and quality of the products or services you provide;

(ii)providing support to your Customers, including but not limited to, product or service delivery, support, returns, refunds, warranty and any other issues related to your products and services and other business activities;

(iii)dentifying any erroneous, fraudulent or suspicious Transaction initiated by your Customer. If you are unsure about any Transaction, you should take necessary steps to verify such Transaction before completing the Transaction;

(iv)ensuring the Customer has legal capacity to purchase your products or services (e.g. no underage Customer for alcohol and tobacco products) and your services or products are legally permitted to be sold on the Sales Channel (e.g. no counterfeit products) and comply with Section 5 of these Terms; and

(v)indemnifying us for any losses and damage incurred by us due to any erroneous, fraudulent or suspicious Transactions.

Without prejudicing the foregoing, we may request for any additional information, documentation or evidence to verify any Transactions and we may refuse, condition, or suspend any Transactions which we believe, in our absolute opinion and without explanation from us: (i) may violate these Terms, (ii) are unauthorized, fraudulent or illegal; or (iii) may expose you or us to risks unacceptable to us.

7. FEE

The applicable Fees for the use of the Pay Services are set out in the Commercial Agreement.

8. RESERVES AND GUARANTEES

Crypto.com shall be entitled to take a reserve sum in the form of either an initial deposit or a percentage of each Transaction (rolling reserve) as may be agreed by you and Crypto.com from time to time. Moreover, we may require a bank guarantee from you and/or a personal guarantee/s and/or any other guarantee as a security. You hereby irrevocably consent to Crypto.com’s use of such initial deposit or rolling reserve for covering any losses, damages or fees in relation to any Transaction which cannot be recovered by Crypto.com.

Crypto.com may, at any time, require you to provide additional reserves, guarantees, or other security, and/or to apply special terms or conditions in relation to your use of the Pay Services.

Without prejudicing any other rights Crypto.com may have in these Terms, Crypto.com may withhold payment of any amount payable to you(in part or in whole) and you agree that Crypto.com may exercise set-off and deduct such amounts due or owing by you to Crypto.com from any amount payable to you by Crypto.com.

Crypto.com or its third party payment partners shall be entitled to retain all interest earned from the maintenance of any monies held by Crypto.com for your benefit.

9. EXCHANGE RATE

The exchange rate is fixed at the time when the Customer checks out at your Sales Channel as long as the Transaction is completed within the prescribed time window. For illustration purposes, if the amount of the Transaction is $100 and if you choose to settle in fiat, you will receive $100 less any applicable Fees; if you choose to settle in any Supported Cryptocurrency, you will receive $100 equivalent of the Supported Cryptocurrency at the time of the Transaction less any applicable Fees. You agree and confirm to assume the volatility risk of your choice of settlement currency, whether FIAT or Supported Cryptocurrency, between the time of transaction.

10. PAYMENT / SETTLEMENT

Crypto.com will process all authorised Transactions and credit the Merchant Account after deducting any fees or commission owed to Crypto.com and other amounts as may be required under these Terms or the Commercial Agreement. The balance of which will be shown in your Merchant Account. Such balance are funds temporarily held by Crypto.com until settlement either in fiat currency (through our payment partner) or Digital Assets in accordance with the Commercial Agreement.

You are responsible for providing the correct details of your bank account or Digital Asset wallet address for settlement. Crypto.com shall bear no liability for any such loss arising from any incorrect bank or Digital Asset wallet address details provided by you.

Where Crypto.com has made payment on any Transaction which is disputed or refunded subsequently, Crypto.com shall be entitled to debit such amount credited to the Merchant Account or, if such amount is not available in the Merchant Account, seek reimbursement from you.

Without prejudicing any other rights Crypto.com may have in these Terms, Crypto.com may conduct investigations and delay settlement or restrict access to your Merchant Account pending the result of the investigation in the following cases:

  • if Crypto.com has issues with the corresponding bank through which settlement is made;
  • if there are changes in your business model that may have an impact on the risk to Crypto.com; or
  • if there are any disputed Transaction, fraudulent suspicious activities in your Merchant Account.

Without prejudicing any other rights Crypto.com may have in these Terms, Crypto.com may withhold payment of any amount payable to you (in part or in whole) and you agree that Crypto.com may exercise set-off and deduct such amounts due or owing by you to Crypto.com from any amount payable to you by Crypto.com.

Crypto.com may issue invoices to you from time to time for any amount due and such invoice shall be payable upon within fourteen (14) days upon receipt.

11. REFUNDS

Crypto.com can facilitate cryptocurrency refunds on your behalf. All refunds are paid out in CRO regardless of the payment currency of the Transaction. You can decide to issue a partial refund or refund the full amount of the initial purchase. If you do not have enough funds in your Merchant Account to cover the refund, we will require you to deposit additional funds to cover such refund prior to us processing the refund.

Any required cryptocurrency / fiat conversion during the refund process will be fixed at the time of the refund. You acknowledge and shall notify the Customer that due to currency exchange differences and issuing bank fees, the value of a Transaction and the value of an eventual refund of the same Transaction may not be equal.

Crypto.com is not responsible for your refund policy, and you are advised to have in place a clear refund policy for your Customers.

12. LIMITATION OF SERVICES / TERMINATION / ACCOUNT CLOSURE

To the extent permitted by Applicable Law, Crypto.com may at any time and without liability to, terminate, suspend or limit your use, or reverse, or the functionality, of the Pay Services (including but not limited to freezing or closing your Merchant Account, refusing to process any Transactions, or reversing any Transactions which we processed on your behalf), under the following circumstances:

(a)in the event of any breach by you of these Terms or the Commercial Agreement;

(b)for the purposes of complying with Applicable Laws;

(c)where Crypto.com suspects that you conduct any Prohibited Activities or any Transaction initiated from your Sales Channel is potentially connected to any fraudulent or unlawful activities (including but not limited to money laundering, terrorism financing and fraudulent activities);

(d)if you discontinue your business operation, changes your trading name, nature of business or ownership;

(e)if you are insolvent, or bankrupt or commence proceedings for liquidation or bankruptcy or make an arrangement with your creditors generally;

(f)if you have provided false, inaccurate, incomplete or misleading information;

(g)you fail to provide the required information for the ongoing due diligence process;

(h)to remedy the effects of any defect in or compromise to any information system upon which the Crypto.com relies;

(i)as may be informed by its internal risk monitoring policy and the profile of spending reasonably anticipated for the type of consumer group you belong to; or

(j)in response to Customer complaints.

If you wish to suspend or terminate your access to and use of any of the Pay Services or close your Merchant Account, please contact us at[email protected]. You will still be liable for any fees incurred prior to the account closure. If you have remaining balance in your Merchant Account which has been suspended or closed, you are entitled to recover such funds (subject to our minimum transfer amount and any applicable fee) unless we are prohibited by law or a court order to release such funds or where we have reasonable grounds to suspect that such funds were obtained through fraud or any unlawful means or connected with any criminal activities. If you have any questions about this Section, please contact us at[email protected].

Any suspension or termination of this Agreement shall not affect any rights and obligations accrued prior to such suspension or termination.

If your Merchant Account is closed, you agree: (a) to continue to be bound by these Terms, as required by Section 29 (Survival); and (b) to immediately stop using the Pay Services, and (c) that the license provided under these Terms shall end.

13. SECURITY

We assume that any and all Instructions received from your Merchant Account have been made by you. You are solely responsible and liable for keeping your Merchant Account safe, maintaining adequate security and control of your username, password and any access to and use of the Merchant Account and the Pay Services, notwithstanding that such access may have been affected without your knowledge, authority or consent. We will not be liable to you for any losses or damage resulting from such use.

Should you discover that your Merchant Account has been accessed or used in an unauthorised way, you shall notify us of the unauthorised access/use by emailing us at [email protected].

14. DATA PROTECTION

By using the Pay Services, you confirm that you have and have procured your Customer to read and accept our Privacy Notice and understand how we collect, use, disclose and share amongst ourselves your Personal Data and disclose such Personal Data to our authorised service providers and relevant third parties. For full and comprehensive information about when and why we collect personal information about you, how we use it, the conditions under which we may disclose it and how we keep it secure, please refer to our Privacy Notice, which is accessible athttps://crypto.com/en/privacy.html.

15. DOCUMENTATION RETENTION

Transaction receipts and other documents supporting a Transaction must be kept by you for a minimum period of five (5) years or such longer period as may be required by Crypto.com from the date from when the goods are shipped or the services are performed. Such documents may include, but not limited to the Cardholder’s signed declarations, orders, applications, electronic transaction messages, rental agreements, hotel registration forms and invoices as applicable.

Within this retention period, you must provide a copy of the relevant documents to Crypto.com immediately upon request and/or will permit Crypto.com or its agent, at any reasonable time and upon giving reasonable notice, to examine and make copies of any such documents.

Upon termination of this Agreement, Crypto.com shall be entitled to retain any necessary information relating to your Merchant Account, Personal Data or transaction history for such period and purposes required under any Applicable Laws.

16. ELECTRONIC COMMUNICATIONS

You shall accept full responsibility for the security and authenticity of all Instructions and you shall be bound by all such Instructions. We shall be entitled to assume that all Instructions received from the email you provide, or your Merchant Account are yours. We shall be under no obligation whatsoever to verify that such communications are in fact yours.

Any Instructions sent by you to us shall only be deemed to be received by us when we have successfully retrieved such Instructions from the relevant system and duly informed you of such receipt. In addition, any Instructions sent by you to any third parties shall only be deemed to have been received by such third parties in accordance with their terms and conditions, if applicable.

You agree without prejudice to any of these Terms, that, to the extent there are any terms in your local jurisdiction governing the time and place of dispatch and receipt of electronic communication, to the maximum extent permitted under Applicable Law, such terms shall not apply to your use of the Pay Services and that you shall be liable for any damage that may be directly or indirectly caused through the use of the Internet – i.e. through loss, delay, misunderstandings, corrupted texts, unauthorised interceptions by third parties or duplicates.

You acknowledge and agree that in the event of any dispute arising in connection with your use of the Pay Services, our records (including electronic, computer and microfilm stored records) of all matters relating to your use of the Pay Services and/or of you (including Transaction History) at any specified date shall be conclusive of their accuracy and authenticity and shall be binding on you for all purposes whatsoever. In addition, you agree to the admissibility of such documents without further requirement of proof of authenticity or accuracy in a court of law under applicable evidentiary law, rules and/or regulations.

17. OWNERSHIP AND USE OF THE CRYPTO.COM PAY TECHNOLOGY

Crypto.com owns all rights, title and interest in the Pay Services and our proprietary technology, including our software (in source and object forms), algorithms, user interface designs, architecture, and documentation (both printed and electronic), network designs, know-how, and trade secrets, and including any modifications, improvements, and derivative work thereof (the “Crypto.com Pay Technology”). When you accept these Terms, we grant you a personal, limited, revocable and non-transferable license to use the Crypto.com Pay Technology without the right to sublicense. You may only use the Crypto.com Pay Technology in a manner consistent with these Terms, and you shall not interfere with, disrupt, or cause damage to users of the Pay Services, produce any derivative work based on the Crypto.com Pay Technology, nor shall you translate, reverse engineer, decompile or disassemble the Crypto.com Pay Technology.

18. ADVERTISING

You consent to our non-exclusive, non-transferable use of your company’s name, logo and artwork (as applicable) (together “Merchant Marks”), for the purpose of identifying and acknowledging you as our customer on our website, video and other marketing materials. You warrant that the Merchant Marks (a) do not infringe, violate or misappropriate any third-party rights, including but not limited to, copyright, patent, trade secret or other proprietary rights; (b) are defamatory or obscene or otherwise violate any law; and (c) that you have full authority to provide this consent to the use or your Merchant Marks.

19. DISCLAIMER OF WARRANTIES

TO THE MAXIMUM EXTENT PERMITTED UNDER APPLICABLE LAW, THE SITE, CRYPTO.COM APP, THE PAY SERVICES (INCLUDING GOODS AND SERVICES PROVIDED INCIDENTAL TO THE PAY SERVICES), AND ANY PRODUCT, SERVICE OR OTHER ITEM PROVIDED BY OR ON BEHALF OF CRYPTO.COM ARE PROVIDED ON AN “AS IS” AND “AS AVAILABLE” BASIS AND CRYPTO.COM EXPRESSLY DISCLAIMS, AND YOU WAIVE, ANY AND ALL OTHER WARRANTIES OF ANY KIND, WHETHER EXPRESS OR IMPLIED, INCLUDING, WITHOUT LIMITATION, IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE OR NON-INFRINGEMENT OR WARRANTIES ARISING FROM COURSE OF PERFORMANCE, COURSE OF DEALING OR USAGE IN TRADE. WITHOUT LIMITING THE FOREGOING, CRYPTO.COM DOES NOT REPRESENT OR WARRANT THAT THE SITE, THE CRYPTO.COM APP, OR THE PAY SERVICES ARE ACCURATE, COMPLETE, RELIABLE, CURRENT, ERROR-FREE, OR FREE OF VIRUSES OR OTHER HARMFUL COMPONENTS.

YOU ACKNOWLEDGE THAT YOUR DATA MAY BECOME IRRETRIEVABLY LOST OR CORRUPTED OR TEMPORARILY UNAVAILABLE DUE TO A VARIETY OF CAUSES, INCLUDING SOFTWARE FAILURES, VIRUSES OR OTHER HARMFUL MATERIALS, PROTOCOL CHANGES BY THIRD PARTY PROVIDERS, INTERNET OUTAGES, FORCE MAJEURE EVENT OR OTHER DISASTERS, SCHEDULED OR UNSCHEDULED MAINTENANCE, OR OTHER CAUSES EITHER WITHIN OR OUTSIDE OUR CONTROL. YOU ARE SOLELY RESPONSIBLE FOR BACKING UP AND MAINTAINING DUPLICATE COPIES OF ANY INFORMATION YOU STORE OR TRANSFER THROUGH OUR SERVICES.

THE DISCLAIMER OF IMPLIED WARRANTIES CONTAINED HEREIN MAY NOT APPLY IF AND TO THE EXTENT IT IS PROHIBITED BY APPLICABLE LAW OF THE JURISDICTION IN WHICH YOU RESIDE. 20. CUSTOMER FEEDBACK, QUERIES, AND COMPLAINTS

20. CUSTOMER FEEDBACK, QUERIES, AND COMPLAINTS

You shall endeavour to settle any claims or complaints made by your Customers concerning any Transaction within two weeks of notification by us or the claimant/complainant of such claims or complaints.

If you or your Customers have any feedback, questions or complaints relating to our Services, please contact us via email at [email protected]. Whilst we strive to respond to you as soon as possible, for more complicated issues, it may take us up to forty-five (45) days to resolve and get back to you. You accept and agree that we will not be responsible for any losses and damage incurred during such period.

21. SANCTIONS, ANTI-MONEY LAUNDERING AND COUNTER TERRORIST FINANCING

You hereby represent and warrant that you, your subsidiaries or Affiliates, directors and officers are in compliance with and have conducted and will conduct your operations in accordance with (i) all applicable U.S. and non-U.S. economic sanctions and export control laws and regulations, including but not limited to the economic sanctions regulations implemented under statutory authority and/or Executive Orders and administered by the U.S. Treasury Department’s Office of Foreign Assets Control (“OFAC”) (31 C.F.R. Part 500 et seq.), the U.S. Commerce Department’s Export Administration Regulations (15 C.F.R. Part 730 et seq.), the economic sanctions rules and regulations of the European Council, United Kingdom, and EU Member States, and EU’s Dual-use Regulation 428/2009 (collectively, “Trade Control Laws”); (ii) all laws that prohibit commercial or public bribery and money laundering (the “AML Laws”).

You represent and warrant that you use or have procured third party service providers to implement appropriate systems to detect and block any suspicious Transactions under any Trade Control Laws or AML Laws. You further agree to provide any information and documents to us in relation to any Transactions (for example, by requesting relevant original documents) for the purposes of preventing fraud and/or anti-money laundering and counter-terrorist financing purposes, unless such disclosure is prohibited by law.

We may institute a hold on your Merchant Account or your funds, including such funds received by us from a Customer on your behalf, if applicable, if we determine that you, a Customer, or any transaction we process on your behalf is or may be subject to such Trade Control Laws or AML Laws. You represent and warrant that, to the extent we act as your agent to accept funds on your behalf from Customers, such Transactions will not be in violation of any Trade Control Laws or AML Laws.

22. LIMITATION OF LIABILITY

OUR LIABILITY IN RESPECT OF REPRESENTATIONS AND WARRANTIES THAT CANNOT BE EXCLUDED IS LIMITED, AT OUR OPTION, TO ANY ONE OF:

(i)RE-SUPPLYING, REPLACING OR REPAIRING THE PAY SERVICES, OR RE-EXECUTING THE TRANSACTION IN RESPECT OF WHICH THE BREACH OCCURRED; OR

(ii)PAYING THE COST OF THE RE-SUPPLYING, REPLACEMENT OR REPAIRING OF THE PAY SERVICES IN RESPECT OF WHICH THE BREACH OCCURRED.

NOTWITHSTANDING ANYTHING IN THESE TERMS, TO THE EXTENT PERMITTED BY LAW, IN NO EVENT SHALL WE OR ANY OF OUR REPRESENTATIVES BE LIABLE TO YOU FOR ANY LOSSES OR DAMAGE OR CLAIMS:

(i)DUE TO AN UNUSUAL OR UNFORESEEABLE EVENT, OUTSIDE OUR REASONABLE CONTROL AND THE CONSEQUENCES OF WHICH COULD NOT HAVE BEEN AVOIDED EVEN IF REASONABLE DUE CARE HAD BEEN EXERCISED (INCLUDING BUT NOT LIMITED TO FORCE MAJEURE, EVENTS OF WAR OR CIVIL UNREST, NATURAL DISASTERS, STRIKE, LOCK-OUT, TRAFFIC DISRUPTION, ACTS OF DOMESTIC OR FOREIGN GOVERNMENTAL AUTHORITIES);

(ii)ARISING FROM OR IN CONNECTION WITH:

(A)ANY DELAY, SUSPENSION, DISCONTINUANCE OR FAILURE OF THE PAY SERVICES;

(B)ANY REFUSAL TO PROCESS OR AUTHORISE, OR ANY REVERSAL OF, ANY TRANSACTION FOR ANY REASON;

(C)YOUR INABILITY TO EFFECT OR COMPLETE ANY TRANSACTION DUE TO SYSTEM MAINTENANCE OR BREAKDOWN / NON-AVAILABILITY OF THE PAY SERVICES, NETWORK, OUR HARDWARE OR SOFTWARE OR THAT OF ANY THIRD PARTIES;

(D)USE OF YOUR MERCHANT ACCOUNT BY THIRD PARTIES, WHETHER AUTHORIZED OR UNAUTHORIZED BY YOU;

(E)ANY UNAUTHORISED OR INELIGIBLE USE OF THE PAY SERVICES CONTRARY TO THESE TERMS;

(E)ANY UNAUTHORISED OR INELIGIBLE USE OF THE PAY SERVICES CONTRARY TO THESE TERMS;

(iii)CAUSED BY US DUE TO OUR COMPLIANCE WITH APPLICABLE LAWS AND/OR COURT ORDERS; AND

(iv)ARISING OUT OF OR IN CONNECTION WITH THESE TERMS FOR LOST PROFITS, LOST REVENUES, LOST BUSINESS OPPORTUNITIES, LOST DATA, OTHER INTANGIBLE LOSSES PUNITIVE, EXEMPLARY, SPECIAL, INCIDENTAL, INDIRECT OR CONSEQUENTIAL DAMAGES, EACH OF WHICH IS HEREBY EXCLUDED BY AGREEMENT OF THE PARTIES TO THESE TERMS, REGARDLESS OF WHETHER SUCH DAMAGES WERE DIRECT OR INDIRECT, FORESEEABLE OR UNFORESEEABLE, OR WHETHER OUR OR OUR REPRESENTATIVES HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

IN NO EVENT WILL OUR LIABILITY FOR ANY DAMAGES ARISING IN CONNECTION WITH THE PAY SERVICES EXCEED THE GREATER OF (I) THE FEES EARNED BY US IN CONNECTION WITH YOUR USE OF THE PAY SERVICES DURING THE 1 MONTH PERIOD IMMEDIATELY PRECEDING THE EVENT GIVING RISE TO THE CLAIM FOR LIABILITY OR (II) $100. THE FOREGOING LIMITATIONS OF LIABILITY SHALL APPLY TO THE FULLEST EXTENT PERMITTED BY LAW IN THE APPLICABLE JURISDICTION.

We shall not be liable for fault on the part of any third-party service providers instructed by us. In such cases, our liability shall be limited to using reasonable care in the selection, appointment and instruction of such third-party service providers (but not of any sub-contractor or other third party such third-party service provider may use).

Nothing in these Terms shall operate to limit or exclude any liability for fraud, gross negligence or for death or personal injury resulting from negligence.

You agree that any claims against the other under these Terms may only be brought on an individual basis and not as a plaintiff or class member in any purported class or representative action or proceeding. No court or adjudicator may consolidate or join more than one person’s or party’s claims and may not otherwise preside over any form of a consolidated, representative, or class proceeding. Any relief awarded to you cannot and may not affect any other users.

23. INDEMNIFICATION

You agree to indemnify and hold Crypto.com, its Affiliates and third party service providers, and each of their respective officers, directors, agents, joint venture entities, employees and representatives, harmless from any claim or demand (including attorneys’ fees and any fines, fees or penalties imposed by any regulatory authority) arising out of or related to (a) your breach of any of these Terms; (b) your wrongful or improper use of the Pay Services; (c) the products or services sold by you through the Pay Services, including but not limited to any claims for false advertising, product defects, personal injury, death or property damage; (d) any transactions directed from your Merchant Account that are in violation of any AML or Trade Control Laws; or (e) any other party’s access or use of the Pay Services with your account information.

24. TAXES

It is your sole responsibility to determine whether, and to what extent, any Taxes apply to your use of the Pay Services, and to withhold, collect, report and remit the correct amounts of such Taxes to the appropriate tax authorities. We are not obligated to, nor will we determine whether Taxes apply, or calculate, collect, report, or remit any Taxes to any tax authority arising from any transaction.

The Fees are exclusive of applicable sales tax, or value added tax, or any similar sales or turnover tax in any jurisdiction (collectively, «VAT»), unless otherwise provided in this Commercial Agreement. Any VAT chargeable on the Fees and payable to the relevant tax authority by Crypto.com shall be payable by you in addition to the Fees upon receipt of a valid VAT invoice. No amount of VAT chargeable on the Fees and payable by you to the relevant tax authority shall be deducted or withheld from the Fees paid to Crypto.com.

The payment of Fees shall be made in net amounts without deduction for any taxes, levies, charges, fees or withholdings of any nature, unless any applicable law requires such a deduction or withholding to be made. If a deduction or withholding is so required, you shall pay such additional amount and ensure that Crypto.com receives an amount equal to the full amount which it would have received had the deduction or withholding not been required.

25. AMENDMENT AND VARIATION

These Terms may from time to time be updated or amended, and we will post any such updates on the Site. Such updated Terms as posted will take effect immediately unless otherwise indicated. You should regularly check the Site to inform yourself of any such changes. In addition, we may at any time change, add or remove any feature or functionality of the Pay Services without prior notice. By continuing to use the Pay Services after any such changes have taken effect, you are indicating your acceptance of the updated or amended Terms as well as your acceptance of the updated Pay Services. If you do not wish to be bound by any changes or amendments to these Terms then you should stop using the Pay Services immediately and inform us via email at[email protected].

26. TRANSFER, ASSIGNMENT OR DELEGATION

These Terms, and any rights and obligations and licenses granted hereunder, are limited, revocable, non-exclusive and personal to you and therefore may not be transferred, assigned or delegated by you to any third-party without our written consent, but may be transferred, assigned or delegated by us without notice and restriction, including without limitation to any of the entities within the Crypto.com Group, or to any successor in interest of any business associated with the Pay Services. Any attempted transfer or assignment in violation hereof shall be null and void.

27. SEVERABILITY

If any provision of these Terms shall be found by any court or administrative body of competent jurisdiction to be invalid or unenforceable, the invalidity or unenforceability of such provision shall not affect the other provisions of these Terms and all provisions not affected by such invalidity or unenforceability shall remain in full force and effect. Such provision will be changed and interpreted to accomplish the objectives of the provision to the greatest extent possible under any Applicable Laws.

28. ENTIRE AGREEMENT / TRANSLATION

These Terms and the Commercial Agreement constitute the entire agreement between the parties with regard to its subject matter and supersedes and invalidates all other prior representations, arrangements, understandings, and agreements relating to the same subject matter, (whether oral or in writing, express or implied). You acknowledge that in agreeing to these Terms you do not rely on any statement, representation, warranty, or understanding other than those expressly set out in these Terms.

These Terms are concluded in the English language and all communications including any notices or information being transmitted shall be in English. In the event that these Terms or any part of it is translated (for any proceedings, for your convenience or otherwise) into any other language, the English language text of these Terms shall prevail (except where expressly prohibited by law).

29. SURVIVAL 

The following provisions will survive any expiration or termination of these Terms and the Commercial Agreement: Section 8 (RESERVES AND GUARANTEES), Section 10 (PAYMENT / SETTLEMENT), Section 14 (DATA PROTECTION), Section 15 (DOCUMENTATION RETENTION), Section 17 (OWNERSHIP AND USE OF THE CRYPTO.COM PAY TECHNOLOGY), Section 18 (ADVERTISING), Section 19 (DISCLAIMER OF WARRANTIES) Section 22 (LIMITATION OF LIABILITY), Section 23 (INDEMNIFICATION), Section 33 (THIRD PARTY RIGHTS), Section 34 (GOVERNING LAW AND JURISDICTION), and any other provision that by their nature are intended to survive termination of your Commercial Agreement. Any sums owed by you to us under these Terms shall become immediately due and payable on the expiration or termination of your Commercial Agreement.

30. NO PARTNERSHIP 

These Terms and the Commercial Agreement do not create any relationship of association, partnership, joint venture or agency between the parties, save as expressly described in these Terms. Neither party will have any right or authority to assume, create or incur any liability or obligation of any kind against or in the name of the other party.

31. WAIVER 

These Terms shall not be waived in whole or in part except where agreed by all parties in writing.

The delay of enforcement or the non-enforcement of any of the terms of these Terms by any party shall not be construed as a waiver of any of the other rights of that party arising out of the breach or any subsequent breach of any of these Terms and no right, power or remedy conferred upon or reserved for any party in these Terms is exclusive of any other right, power or remedy available to that party and each such right, power or remedy shall be cumulative.

32. NOTICES AND COMMUNICATIONS 

By using the Pay Services, you agree that we may provide you with any notices or other communications (except where prohibited or otherwise not allowed pursuant to Applicable Law), including marketing, relating to your use of the Pay Services electronically: (a) via email (in each case to the address that you provide), SMS message, online messaging platforms or telephone call (in each case to the phone number that you provide), or (b) by posting to the Site. For notices made by email, the date of receipt will be deemed the date on which such notice is transmitted.

Notices to us should be sent electronically to our support system at [email protected].

33. THIRD PARTY RIGHTS 

Other than any entities within the Crypto.com group, a person who is not a party in these Terms has no right to enforce any of these Terms.

34. GOVERNING LAW AND JURISDICTION 

These Terms are governed by and shall be construed in accordance with the laws of Hong Kong without regard to any choice or conflict of laws rules. Any dispute, controversy, difference or claim arising out of or relating to these Terms or the Commercial Agreement, including the existence, validity, interpretation, performance, breach or termination thereof or any dispute regarding non-contractual obligations arising out of or relating to it shall be referred to and finally resolved by arbitration administered by the Hong Kong International Arbitration Centre under the Hong Kong International Arbitration Centre Administered Arbitration rules in force when the Notice of Arbitration is submitted. The seat of arbitration shall be Hong Kong. The number of arbitrators shall be one. The arbitration proceedings shall be conducted in English.