"Paycrypto" Merchant Terms of Service

Article 1 [Purpose of Contract]

  • The purpose of this contract is to prescribe the method of processing and the payment procedure for the sale and settlement of the goods of "A" by using the peculiito provided by "B" and the settlement of the payment.

Article 2 [Definitions of Terms]

  • Definitions of terms used in this agreement are as follows
    • cryptocurrency payment : means the transmission or receipt of cryptocurrency payment payment information in the purchase of goods or the use of the goods electronically, or the proxy or mediation of the settlement of the payment.
    • Cryptocurrency: A digital asset designed to function as an exchange means to secure the security of a transaction using an encryption method, control the creation of additional units, and authenticate transfer of the asset. Ex) bit coin, etherium, bit coin cache, etc.
    • Paycrypto: A cryptocurrency payment agent service provided by "Cryptocurrency payment" such as bitcoin,ETH etc.
    • Paycrypto system: refers to a computer system for settlement and payment intermediary that installs and operates "e" in conjunction with "e-wallet" for this pay crypto service. The settlement standard price per cipher currency is determined by taking into consideration the exchange rate, the rate of change in the market price, etc., so that the user can settle the settlement price at the merchant as the standard amount.
    • Paycrypto system Payment method: "A" shall choose one of three payment methods to make payment.
      • Type A: The user transfers the value of the coded currency equivalent to the usage fee to the customer's electronic wallet, and the customer exchanges the transferred coded currency through the "e".
      • Type B: The user transfers the value of the coded currency equivalent to the usage fee to the electronic purse of "A", and "A" directly exchanges the transferred currency.
    • User: A person or company that purchases goods from the site operated by "A" and makes payment by using the paycrypto provided by "A"
    • Merchant: A person or company that provides goods to the "user" and receives the payment by using the paycrypto in accordance with the contract with "e".
    • Merchandise: refers to a physical gift or digital gift voucher sold by "A" to its "user" through its online store.
    • Electronic wallet(E-Wallet): A program containing apps and webs that provide the ability to store and transfer currency values ​​(eg, mobile bit coin purses, chrome metamask, etc.)
    • Charge Fee: The amount paid by the "User" in exchange for the goods sold by "A". However, when the value added tax is imposed on the price of a commodity, etc., it means the amount including the VAT.
    • Service Charge: The Service Charge Charge to which "A" pays "Charge" to the PayCrypt service provided by Charge.
    • Settlement: Paying "A" to the Employer for the amount paid by the PayCrypto Service, including the "Service Charge" and other fees.
    • Paycrypto Terms and Conditions: It means a rule that the user must use the paycrypto in order to set and change the standard value of the money currency transaction and to protect the user right when error occurs during the transaction.
    • Network fee: This fee is paid to the node that generates the block for approval of transaction when transferring money, and it is paid by the user of "paycrypto".

Article 3 (Terms of Service)

  • The payment information of the "user" acquired in connection with this contract and its business should not be leaked to the outside without prior approval of the other party. In case of any violation, the person responsible for the violation shall indemnify the person Take criminal responsibility.
  • The "PayCrypto Service" shall be provided all day, seven days a week. However, if it is unavoidable due to systematic inspection or technological necessity of "e" or system condition of "electronic wallet", it may be temporarily suspended after notification. If service is stopped due to natural causes or other unexpected reasons, Notify or notify individually. In this case, however, "U" shall resume service as soon as the special cause of the disruption ceases.
  • "A" shall provide the goods purchased by the "user" without interruption, and shall not violate the Acts of the Act or obstruct the public order or the morals of the goods in the provision of the goods.
  • If "A" is in violation of the preceding paragraph, "A" may refuse the settlement and cancel the already settled contents.
  • Commodity, etc. shall be processed by the settlement procedure and system, and the commodity that can not deal with the minor can not be provided to minors

Article 4 (Responsibility and Obligations of the Employer)

  • "A" shall develop and manage an online sales system to sell products to the "user".
  • "A" shall be liable for the system change to use the P/C service in the "A" system.
  • "A" may not use the system of "A" for the purpose of any site or service other than the one to be applied at the time of the contract, and in order to use the P / C for purposes other than the contract, shall.
  • "A" shall take care of all customer's responsibilities such as cancellation, refund, claim handling, etc. of the products sold to the "user". If the cause of the customer's response is judged to be due to the customer, the customer is responsible for the customer's response.
  • The Employer must obtain prior consent from the User to use the Personal Information of the User necessary to process the Claims of the User.
  • The Employer shall notify the User of the "PayCrypto Terms of Use" provided by the User and shall not transfer the User's responsibility to the User for any damages incurred as a result of the User's failure to comply with the Terms.
  • The contents and quality of the goods of "A" and other civil liability and any other legal liability arising from the business contents of A "A" belong to "A".
  • "Party" shall sell the value of the coded currency transferred through the PayCrypto to the Party "U" based on the settlement date of the transaction. At this time, "A" may allow "A" to perform the operation of cryptographic sales operation.
  • "A" may request "A" to suspend A's purse sale to "A" if it decides not to sell Cryptocurrency Money to "A", and "A" To the user.

Article 5 (Responsibilities and Duties of the Employer)

  • The Employer shall provide the Employer with a PayCrypto System to enable the Employer to use the PayCrypto Service.
  • "B" provides the technical support necessary to operate the "PFC Service" on the "A" system.
  • The Contractor shall be responsible for the management and security of the Peccrypto System for continuous and stable operation.
  • "A" shall be settled with good faith to "A" except for the commission for the amount of money sold from "A".
  • "A" shall allow "A" to verify the payment details and settlement details of the money sold through the PayCrypto service.
  • The Supplier shall trade the settlement price through the Electronic Wallet on the basis of the goods price information provided by the Purchaser, and shall not be liable for the goods price information or errors.
  • "e" only stores the minimum information to distinguish the transactions, and does not collect or use the "user"'s personal information.
  • The Company shall make a "PayCrypto Terms of Use" describing how to make a quotation and how to use it, and shall notify the "User" and "A" immediately a nd shall immediately notify the User of such changes.
  • In case of unavoidable security or service disruption of P / C, P / C will cease service and promptly notify "A".
  • "A" may be used to change the payment standard of the user's paycrypoto, to determine the exchange fee, to add or delete the billing cryptocurrency in consideration of the exchange rate, .

Article 6 (Compliance with "Company" for "User" Protection)

  • "A" shall not be liable for the goods of "A" if it has performed any of the following activities in providing products to the "user" In the event of damages, the Supplier may offset the amount corresponding to the damages from the settlement amount to be paid to the Employer. end. Falsified, exaggerated, or deceptive advertising caused damage to "users"
    • Failure to clearly notify the "User" or the "User" explicit consent to the settlement of the Credits
    • All. If you are intentionally making inquiries about products or cancellation of order or cancellation of subscription
    • If the "user" damage cases increase significantly in connection with the provision of goods, etc.
    • If you do not follow the contract without prior consent, and you do the following example
      • If you provide products from other sites and contracts
      • When the goods of "A" are different from those requested for registration
      • Other Illegal ∙ If the user causes the complaint or causes damage to the user due to unfair act
      • If there is a risk of harming the social order or the morality, or if there is a violation of other related laws and regulations
  • In the event that the Customer makes a payment blocking request to "User" who is suspected of making an unauthorized settlement of the "User" of "A" to "A", the User shall promptly notify the "User" Service should be stopped.
  • If the Employer operates in the same way as in Paragraph 1 of this Article, the Employer may be punished as follows: Employer shall not be liable for damages even if Employer damages the Employee. end. Change of method of payment and settlement of settlement price
    • Stop payment promptly and cancel your transaction
    • cancel a contract
    • Refund of prepayment amount and additional claim

Article 7 (Service Charge)

  • Service fee is divided into subscription fee and service use fee. Details are as per [Attachment 1] Service fee fee table.

Article 8 (Settlement)

  • Peculiite "Service Use Fees" shall be deducted from the amount settled between "A" and "B".
  • "Settlement" shall be limited to normal committed transactions that have been approved for transactions through the paycrypto system, and the settlement period shall be settled within three business days of the date of the transaction and shall be adjusted under mutual consultation.
  • If the amount to be "settled" to "A" is less than 500,000 won(420USD), the sum will be added to the "settlement" of the next meeting and the amount will be paid when the amount exceeds 500,000 won. However, "A" may be "settled" after deducting the prescribed transfer fee for the "settlement" amount less than 500,000 won by a separate request of "A".
  • Merchant KYC/AML is required for settlement. and "B" may suspend the settlement until AML
  • "B" shall be sent by e-mail specified by "A" to the tax bill containing the "Settlement" amount and VAT. However, "A" shall not be held responsible for any problems caused by the failure of A to receive the tax invoice in the email provided by A.
  • The Employer shall notify the Employer in advance of any dismissal or suspension of the Employer's business premises.
  • In the event that the Employer fails to report to the Employer after the closure or termination of the Business, the Employer shall not be held responsible for the settlement and processing of the Tax Invoice. Shall cease to exist unless it is exercised for three months from the date of termination of the contract or the date on which the Employer closes or ceases to operate.
  • Damages indemnified by mutual agreement or court rulings may be offset against "Settlement" charges and "Service Charges" incurred by this Agreement.
  • In the event of a change in the Service Usage Fee policy of the Service Usage Fee Policy, the Service Fee Fees may be changed in consultation with the Employer.

Article 9 (Notification Obligations)

  • The Employer shall notify the Employer before 15 business days before the change if any of the following information is changed, and the Employer shall be liable to the Employer for any loss caused by default. end. Business site information (business address, name of representative, name, contact, transaction account, etc.)
    • Information related to service utilization such as system operation
    • In the event that the "Service Fee" and the payment settlement procedure are to be revised for reasons such as changes in the policy of the "E-Wallet" or other significant circumstances, the Employer shall immediately notify the Employer and process it mutually.

Article 10 (User's objection, cancellation and refund)

  • In case of cancellation or refund of merchandise sold by "A", "A" shall be refunded in accordance with the policy of "A" and "A" shall be refunded to "A" for all transactions including refund transaction fees "A" will give a refund to the user
  • The method of providing the cancellation and refund information for the user shall be decided by "A" and "B" in consultation.
  • If the cancellation and refund settlement provided to the Employer has already been settled to the Employer, the Employer shall settle the amount for the next Settlement to be mutually settled.

Article 11 (Reservation of payment)

  • "B" may suspend or limit the payment of the payment of "A" in the event of any of the following cases:

    • When a request for restriction of payment to "A" is received from an external agency such as a court or a police station
    • If the court has reached a "Conservation Disposition" or a compulsory execution decision for "A". However, if the amount of "Settlement" exceeds (A) the amount equivalent to the amount of foreclosure, (A) the remaining amount, excluding the amount equivalent to the amount of foreclosure, shall be settled to the Employer.
    • If there is a third party claiming rights for reasons such as transferring the rights from "A" to the "settlement" amount, "B" shall be notified to "A" and paid for one month until a real right holder is confirmed. In the event that the holder can be held and the holder of the right is not confirmed, the court may deposit the equivalent of the "settlement" amount in the court or deposit it in the court without the payment suspension procedure at the discretion of the court.

Article 12 (Payment by Minor)

  • The payCrypto service provided by EULA shall not be able to use the "E-wallet" for "user" as a minor to pay for the goods of "A".
  • When a minor uses the goods of "A" by using the "E-wallet" of the parent's name, "A" and "B" shall respond to the parent's request for suspension of payment.
  • The refund procedure shall be conducted in accordance with Article 10 (1)
  • The term "minor" means a person under 19 years of age.

Article 13 (Indemnity and Confidentiality)

  • "A" is liable to the Customer for any problems arising from any modification or modification of the system provided by Customer.
  • "A" and "B" shall not leak or provide information about the "user" and the other party acquired during the term of the contract to a third party or use it for any purpose other than the execution of this contract, Shall be liable to civil and criminal liability as well as compensation for damages arising therefrom.
  • The Company shall not bear any responsibility for the dispute between the Employer and the User and if the Employer asks the Employer to file damages or raises an objection to the Employer, You can not transfer responsibility to.
  • Miscellaneous. All damages incurred in the performance of this contract shall be fully compensated by the person responsible.

Article 14 (Prohibition of Transfer of Ownership and Rights and Obligations)

  • All components of the Paycrypto system provided to Customer are owned by Paycrypto and are not sold, leased, donated, pledged or sold to third parties without prior written consent of PPC. Provided, or used for other purposes.
  • "A" and "B" may not transfer, transfer, assign, or collateralize, in whole or in part, any rights or obligations under this Agreement to any third party without the other's prior written consent.

Article 15 (Force Majeure)

  • Neither party shall be liable for failure to comply with the provisions of this Agreement by force majeure
  • Force majeure means a similar cause that can not be ruled out among the parties, such as fire, explosion, acts of God, government action, war, etc.

Article 16 (Generation of Effect)

  • The validity of this Agreement shall arise from the date on which "A" and "B" are signed by this Agreement.

Article 13 (Indemnity and Confidentiality)

  • "A" is liable to the Customer for any problems arising from any modification or modification of the system provided by Customer.
  • "A" and "B" shall not leak or provide information about the "user" and the other party acquired during the term of the contract to a third party or use it for any purpose other than the execution of this contract, Shall be liable to civil and criminal liability as well as compensation for damages arising therefrom.
  • The Company shall not bear any responsibility for the dispute between the Employer and the User and if the Employer asks the Employer to file damages or raises an objection to the Employer, You can not transfer responsibility to.
  • Miscellaneous. All damages incurred in the performance of this contract shall be fully compensated by the person responsible.

Article 17 (Term of Contract)

  • The term of this Agreement shall be one (1) year from the date of signature of both parties, and if neither Party or Contractor shall give notice in writing to the other party of the intention to terminate the Contract or change the Contract until one month before the expiration of the term of Contract, And is automatically extended for one year.

Article 18 (Change of Contract)

  • For any or all of this Agreement, "A" and "B" may be mutually agreed upon after written notice.

Article 19 (Termination of Contract)

  • "A" or "B" may terminate this Agreement if any of the following is true: end. If "A" or "B" violates or does not fulfill the provisions of this Contract and requires a fixed period of time to be corrected, it shall not be corrected.
    • "A" or "A" has caused damage to the other party due to intentional or grave error.
    • If "A" or "B" is unable to perform normal business activities due to bankruptcy, liquidation, application for commencement of petition, application for commencement of company reorganization procedures, etc.
    • If "A" operates a site that is completely different from the one described or notified at the time of contract with "A"
    • If it is objectively judged that the purpose of this contract can not be achieved
  • In the event that this Agreement is terminated due to termination, termination, expiration or termination of Business of Company "A", if there is no written agreement between Company and A in relation to payment of Settlement Amount, Notwithstanding the provisions of the relevant provisions, the Company shall be liable to settle the amount of money received from the settlement institution for a maximum of three months from the termination date of the contract (or the closing date or the date of termination). However, in order to deal with the refund of the "user", the user may place a payment hold on a certain portion of the settlement price for the "A", and the settlement amount paid will be paid after deduction due to transaction cancellation or refund. do.

Article 20 (Arbitration of Disputes)

  • In the event of a dispute between the Employer and the Employer in connection with this Contract, the Parties shall endeavor to resolve it by mutual consent. However, if the dispute can not be resolved by mutual agreement and the case is inevitable, the court of jurisdiction shall be the Seoul Central District Court.