Welcome to MediationPay Escrow. These Terms of Service (“Terms”) govern your access to and use of our services. By using MediationPay Escrow, you agree to comply with and be bound by these Terms. If you do not agree, please do not use our services.
1. Acceptance of Terms
- By accessing or using our services, you agree to these Terms, as well as our Privacy Policy and any other policies referenced herein.
- You confirm that you are at least 18 years of age and legally capable of entering into these Terms.
2. Description of Services
- MediationPay Escrow provides escrow services to facilitate secure transactions between buyers and sellers. Our platform acts as a neutral third-party that holds and releases funds based on agreed-upon conditions.
- We do not guarantee or warrant the goods or services exchanged between users and only provide a secure framework for transactions.
3. User Responsibilities
- Account Information: You are responsible for providing accurate and complete information when creating an account and for keeping your account secure.
- Compliance: You agree to use MediationPay Escrow for lawful purposes only. You will comply with all applicable laws and regulations while using our services.
- Transaction Conduct: Users are solely responsible for their interactions and agreements with other users, including the accuracy and legality of their transaction terms.
4. Fees and Payments
- MediationPay Escrow charges a fee for escrow services. By using our services, you agree to pay the specified fees. Any applicable fees will be outlined before the transaction is completed.
- Fees are non-refundable unless otherwise stated or required by law.
5. Escrow Transactions
- Deposit of Funds: Once a transaction is initiated, funds are deposited with MediationPay Escrow until the agreed-upon terms are fulfilled.
- Release of Funds: Funds will be released to the seller or returned to the buyer according to the specific transaction terms agreed upon by both parties.
- Dispute Resolution: If a dispute arises, MediationPay Escrow will follow the procedures outlined in our dispute resolution policy to resolve the matter.
6. Prohibited Activities
- Users are prohibited from engaging in any activity that:
- Violates local, national, or international laws or regulations;
- Involves fraudulent activities, money laundering, or illegal goods and services;
- Attempts to interfere with or disrupt the platform or its services.
7. Account Suspension and Termination
- We reserve the right to suspend or terminate your account at any time, without notice, for violations of these Terms or any misuse of our services.
- Upon termination, any pending funds held in escrow may be returned to the original payer, subject to our sole discretion and applicable laws.
8. Limitation of Liability
- MediationPay Escrow is not liable for any indirect, incidental, punitive, or consequential damages arising from your use of the platform or services.
- Our maximum liability to any user is limited to the fees paid for the specific transaction in question.
9. Disclaimer of Warranties
- MediationPay Escrow is provided on an “as-is” and “as-available” basis, without any warranties, express or implied. We do not guarantee the accuracy, completeness, or reliability of any information on the platform.
10. Indemnification
- You agree to indemnify and hold harmless MediationPay Escrow, its affiliates, officers, and employees from any claims, damages, or expenses arising out of your use of the service, violation of these Terms, or infringement on the rights of a third party.
11. Privacy and Data Protection
- Our Privacy Policy explains how we collect, use, and protect your information. By using our services, you agree to our Privacy Policy.
12. Changes to Terms
- MediationPay Escrow reserves the right to modify or update these Terms at any time. We will notify you of any significant changes by posting an updated version on our website. Your continued use of our services signifies your acceptance of the revised Terms.
13. Governing Law
- These Terms are governed by and construed in accordance with the laws of [Jurisdiction]. Any disputes arising out of or relating to these Terms will be resolved in the courts of [Jurisdiction].
14. Contact Information
- If you have any questions about these Terms, please contact us at [support@mediationpay.com].