Vendor Terms Of Use
1. Introduction
Welcome to Statamart, the leading platform that empowers vendors to create online stores and connect with customers. By using Statamart and its related products, you agree to comply with the following Vendor Terms of Use. Please read these terms carefully before using our services.
2. Acceptance of Terms
By accessing or using Statamart, you acknowledge that you have read, understood, and agree to be bound by these Vendor Terms of Use. If you do not agree to these terms, please refrain from using our platform.
3. Vendor Registration
To become a Statamart vendor, you must complete the registration process, providing accurate and up-to-date information. You are responsible for maintaining the confidentiality of your account credentials and are liable for all activities that occur under your account.
4. Store Creation and Product Upload
As a Statamart vendor, you have the privilege to create an online store and upload products for sale. You are solely responsible for the accuracy of product information, pricing, and ensuring compliance with any applicable laws and regulations.
5. Compliance with Laws and Policies
Vendors must comply with all local, state, and federal laws and regulations when using Statamart. Additionally, vendors are expected to adhere to Statamart's policies and guidelines, including those related to prohibited products and content.
6. Payment and Fees
Statamart may charge fees for certain services, and vendors agree to pay all applicable fees associated with their use of the platform. Payments will be processed securely through our designated payment gateway.
7. Intellectual Property
Vendors retain ownership of their intellectual property rights, including product images and descriptions. By uploading content on Statamart, vendors grant Statamart a non-exclusive, worldwide, royalty-free license to use, display, and distribute the content for the purpose of operating and promoting the platform.
8. Termination of Account
Statamart reserves the right to terminate or suspend a vendor's account at any time for violations of these terms or for any other reason deemed necessary by Statamart. Vendors may terminate their account by following the designated process.
9. Limitation of Liability
Statamart is not liable for any indirect, incidental, special, consequential, or punitive damages, or any loss of profits or revenues, whether incurred directly or indirectly, or any loss of data, use, goodwill, or other intangible losses resulting from: /n Your use or inability to use Statamart /n Any unauthorized access to or use of our servers and /or any personal information stored therein /n Any interruption or cessation of transmission to or from Statamart
10. Changes to Terms
Statamart reserves the right to update or modify these Vendor Terms of Use at any time without prior notice. Vendors are encouraged to review the terms regularly for changes.
11. Privacy and Data Security
Statamart values the privacy and security of vendor information. By using our platform, you agree to the terms outlined in our Privacy Policy. It is crucial to familiarize yourself with how we collect, use, and protect your personal and business information.
12. Communication and Notifications
Vendors agree to receive communications from Statamart, including but not limited to transactional emails, newsletters, and updates related to their account and the platform. Opting out of certain communications may affect your ability to use certain features.
13. Dispute Resolution
In the event of any dispute between Statamart and a vendor, both parties agree to attempt to resolve the matter amicably through negotiation and good faith discussions. If a resolution cannot be reached, the dispute may be subject to arbitration or legal proceedings as outlined in applicable laws.
14. Governing Law
These Vendor Terms of Use are governed by and construed in accordance with the laws of Nigeria. Any legal action or proceeding arising out of or relating to these terms shall be brought exclusively in the courts of Nigeria, and each party consents to the jurisdiction and venue of such courts.
15. Severability
If any provision of these Vendor Terms of Use is found to be unenforceable or invalid, that provision will be limited or eliminated to the minimum extent necessary, and the remaining provisions will remain in full force and effect.
16. Entire Agreement
These Vendor Terms of Use constitute the entire agreement between the vendor and Statamart, superseding any prior agreements or understandings, oral or written.
17. Indemnification
Vendors agree to indemnify and hold harmless Statamart, its officers, directors, employees, and agents from and against any claims, liabilities, damages, losses, and expenses, including reasonable legal fees and costs arising out of or in any way connected with the vendor's use of Statamart, violation of these terms, or infringement of any third-party rights.
18. Amendments to the Platform
Statamart reserves the right to make changes, updates, or enhancements to the platform, including its features, functionality, and user interface. Vendors acknowledge that the continued use of Statamart is contingent upon acceptance of these changes, and Statamart is not liable for any impact such changes may have on a vendor's business.
19. Force Majeure
Statamart shall not be liable for any failure or delay in performance due to circumstances beyond its reasonable control, including but not limited to acts of God, war, terrorism, labor disputes, strikes, government actions, pandemics, or other unforeseeable events.
20. No Agency or Partnership
Nothing in these Vendor Terms of Use shall create or be deemed to create a partnership, agency, or joint venture between Statamart and the vendor. Vendors do not have any authority to act on behalf of or bind Statamart in any manner.
21. Survival
The terms and conditions contained in these Vendor Terms of Use that, by their sense and context, are intended to survive the performance hereof by the parties, shall so survive the completion of performance, cancellation, or termination of these terms.
22. Feedback
Statamart encourages vendors to provide feedback, suggestions, and ideas for improving the platform. While we appreciate input from our users, please be aware that any submissions may be used by Statamart without any obligation to compensate or attribute the source.
23. Headings
The headings used in these Vendor Terms of Use are for convenience only and shall not affect the interpretation of the provisions contained herein.
24. Customer Interaction and Service
Vendors are responsible for providing excellent customer service to buyers on Statamart. This includes responding promptly to customer inquiries, addressing concerns, and fulfilling orders in a timely manner. A positive customer experience is crucial for the success of both vendors and the overall platform.
25. Advertising and Promotions
Vendors may engage in advertising and promotions to drive traffic to their Statamart stores. However, vendors must comply with Statamart's advertising policies and refrain from engaging in deceptive, misleading, or prohibited practices.
26. Review and Ratings
Statamart encourages buyers to leave reviews and ratings for products and vendors. Vendors understand that these reviews contribute to the overall reputation of their store on the platform. Statamart reserves the right to moderate and remove reviews that violate policies or guidelines.
27. Third-Party Services
Vendors may have the option to integrate third-party services with their Statamart stores. While Statamart strives to ensure compatibility, vendors are responsible for reviewing and agreeing to the terms of any third-party service integration, as Statamart is not liable for issues arising from such integrations.
28. Security Measures
Vendors are required to take appropriate security measures to protect their accounts, including using strong passwords and safeguarding access credentials. If vendors become aware of any unauthorized access to their account, they must notify Statamart immediately.
29. Future Enhancements and Features
Statamart is committed to continuous improvement and may introduce new features or enhancements to the platform. Vendors will be notified of significant changes, and their feedback on new features is welcome to improve the overall user experience.
30. Accessibility
Statamart is dedicated to providing an accessible and inclusive platform. Vendors are encouraged to make their online stores accessible, ensuring a positive experience for customers with disabilities. Statamart will work towards accessibility improvements on the platform.
31. Community Guidelines
Vendors are expected to adhere to Statamart's community guidelines, promoting a respectful and positive environment on the platform. Any form of harassment, discrimination, or inappropriate behavior towards other vendors or customers is strictly prohibited.
32. Data Ownership and Export
Vendors own the data they upload to Statamart. However, upon termination of their account, vendors may request a copy of their data within a reasonable timeframe. Statamart retains the right to retain and use anonymized and aggregated data for analytical and improvement purposes.
34. Anti-Fraud Measures
To ensure the integrity of the platform, Statamart employs anti-fraud measures. Vendors must cooperate with these measures, providing accurate information and documentation when requested. Failure to comply may result in account suspension or termination.
35. Limited Liability for Technical Issues
While Statamart endeavors to provide a secure and reliable platform, vendors acknowledge that technical issues may occur. Statamart is not liable for any loss of sales, data, or business interruption resulting from technical issues beyond its control.
36. Communication of Changes
Statamart will communicate significant changes to these Vendor Terms of Use through the platform's messaging system or via email. It is the vendor's responsibility to stay informed about any modifications and to review the updated terms promptly.
37. Confidentiality
Vendors may have access to confidential information about Statamart's business operations. Vendors agree to keep such information confidential and not disclose it to third parties without express written consent from Statamart.
38. Governing Language
In the event of any discrepancy between the translated versions of these Vendor Terms of Use and the English version, the English version shall prevail.
These Vendor Terms of Use are designed to foster a collaborative and secure environment for both vendors and Statamart. By continuing to use our platform, you affirm your agreement to these terms. We appreciate your commitment to creating a thriving online marketplace with Statamart.
Last Update: March, 2024
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