These terms outline the use of Stripe Connect for payment processing on our platform. By creating an account or using our services, you agree to comply with these terms.
1. Payment Processing through Stripe Connect
We use Stripe Connect to facilitate payment transactions between you and Liaqa Fitness L.L.C-FZ. By using our services, you agree to comply with the terms outlined in the Stripe Connected Account Agreement and Stripe’s general Terms of Service.
2. Account Requirements
To process payments, you must create and maintain a valid Stripe Connected Account. You will need to provide accurate and complete information, including but not limited to:
- Your full name or business name
- Contact information
- Bank account details
- Tax information (if required)
Failure to provide accurate information may result in delayed or failed payouts.
3. Fees and Charges
Stripe charges processing fees for transactions, which will be outlined during the payment setup process. These fees are deducted directly by Stripe and are subject to their fee schedule. Liaqa may also charge additional service fees, which will be disclosed upfront.
4. Responsibility and Liability
- Stripe is solely responsible for processing payments. Liaqa is not responsible for any errors or delays caused by Stripe’s services.
- You are responsible for ensuring compliance with Stripe’s policies, including providing accurate information and adhering to fraud prevention measures.
5. Refunds, Chargebacks, and Disputes
All disputes related to payments, including refunds and chargebacks, must be handled in accordance with Stripe’s policies. While Liaqa may assist in resolving such issues, Stripe will determine the final resolution.
6. Data Sharing
By using Stripe Connect, you consent to share a necessary account and transaction information with Stripe. For more information on how Stripe handles your data, please refer to their Privacy Policy.
7. Termination of Payment Services
We reserve the right to terminate or suspend payment processing services through Stripe Connect if we suspect fraud, misuse, or violation of these terms. Any outstanding payments or fees will be processed in accordance with Stripe’s policies.
8. Updates to These Terms
We may update these terms periodically to reflect changes in Stripe’s policies or our own services. Continued use of our platform constitutes acceptance of the updated terms.
By using our platform, you agree to these terms and to Stripe’s applicable agreements. If you have questions, please contact support@liaqa.com.