payment processing terms

Welcome to Tekmetric.  These Payment Processing Terms of Service and incorporated documents and terms (collectively, “Payment Terms”) provided by Tekmetric constitute a legally binding contract between Sparkplug Studios, LLC (“Tekmetric,” “we” and “us”) and the entity or sole proprietor on whose behalf a Tekmetric account is created (“you” and “your”) to receive certain mobile and technology-enabled payment services offered by Tekmetric to commercial businesses (“Payment Services”) through the Tekmetric websites (including without limitation www.tekmetric.com and/or related websites, the “Website”), as well as the Tekmetric software and mobile application, including without limitation, all related software, hardware, algorithms, and technology (such services, applications, and the Website are collectively referred to as the “Platform”). These Payment Terms set forth the terms and conditions that apply to your use of the Payment Services. You must agree to and accept the Payment Terms, or you do not have the right to use the Payment Services. Capitalized terms have the meanings set forth in Schedule 1—Definitions, or the meaning otherwise set forth in these Payment Terms.

IMPORTANT: PLEASE READ THESE PAYMENT PROCESSING TERMS OF SERVICE CAREFULLY. THIS IS A LEGAL AGREEMENT BETWEEN TEKMETRIC AND YOU, WHICH GOVERNS YOUR USE OF THE PAYMENT SERVICES. YOUR USE OF THE PAYMENT SERVICES CONSTITUTES YOUR ACCEPTANCE OF AND AGREEMENT TO ALL OF THE TERMS AND CONDITIONS HEREIN AND YOUR REPRESENTATION THAT YOU ARE AN INDIVIDUAL WHO CAN FORM LEGALLY BINDING CONTRACTS UNDER APPLICABLE LAW.

PLEASE BE ADVISED: THESE PAYMENT TERMS SUPPLEMENT THE TEKMETRIC TERMS OF SERVICE AND ARE ALSO SUBJECT TO THE SAME DISPUTE RESOLUTION MECHANISMS (INCLUDING ARBITRATION) SET FORTH IN THE TERMS OF SERVICE. YOU WILL BE PERMITTED TO PURSUE CLAIMS AGAINST US ONLY ON AN INDIVIDUAL BASIS, NOT AS A PLAINTIFF OR CLASS MEMBER IN ANY CLASS OR REPRESENTATIVE ACTION OR PROCEEDING, AND YOU WILL BE PERMITTED TO SEEK RELIEF (INCLUDING MONETARY, INJUNCTIVE, AND DECLARATORY RELIEF) ONLY ON AN INDIVIDUAL BASIS.

Your Acceptance

Third Party Providers

Payment Processing

External Accounts

Account Creation and Identity Authentication

Taxes

Limitation of Liability

Changes to the Payment Services

Termination

Fees

Reserve Account

Data

Fraud Monitoring

Unauthorized Transactions

Choice of Law

Dispute Resolution; Arbitration

Entire Agreement

Assignment and Survival

Amendments

Force Majeure

Other General Provisions

Notices