STRIPE SERVICES Clause Samples
The "STRIPE SERVICES" clause defines the scope and terms under which Stripe provides its payment processing and related financial services to the contracting party. It typically outlines what specific services are included, such as payment gateway access, fraud prevention tools, and reporting features, and may specify any limitations or requirements for using these services. By clearly delineating the services provided, this clause ensures both parties understand their rights and obligations, reducing the risk of misunderstandings or disputes regarding the use of Stripe's platform.
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STRIPE SERVICES. Stripe, Inc. provides payment processing services to Users to deliver, hold, and/or receive payment for a Delivery, and to pay fees to QWQER (“Stripe Services”). Stripe is an independent corporation with no affiliations to QWQER other than as service provider to us for payment processing, as identified in this User Agreement and elsewhere throughout the Site. Stripe Services are intended for business use, and you agree to use Stripe Services only for business purposes and not for consumer, personal, family, or household purposes.
STRIPE SERVICES. If Customer wishes to use and offer to its Buyers the Payment Services powered by Stripe, Inc. (“Stripe”), then Customer is subject to the following terms and conditions.
(i) Customer must set up an account with Stripe by (A) completing Stripe’s account application process for use of its Payment Services, (B) agreeing to the Connected Account Agreement located at https://▇▇▇▇▇▇.▇▇▇/[Country Code]/connect/account-terms (where “Country Code” is the two letter code for the jurisdiction in which Customer is located), as may be updated by Stripe from time to time (the “Stripe Terms”) and (C) obtaining approval from Stripe in accordance with Stripe’s then current standard onboarding policies.
(ii) Invaluable may engage with Stripe on Customer’s Stripe account to the extent that Invaluable is doing so as an agent on behalf of the Customer for the limited purpose of processing or acceptance of payments using the Payment Services offered by Stripe.
(iii) Customer’s use of the Payment Services offered by Stripe is subject to the transaction fees set forth therein.