THE PARTIES AGREE ON TERMS AND CONDITIONS AS FOLLOWS:
1. TERMS AND CONDITIONS FOR SERVICE
The Applicant has thoroughly read and comprehended the Terms of Use of the Service in this agreement and agrees to such Terms of Use, including any further amendments to be announced by the Company in all respects. This Terms of Use shall form part of this Agreement.
2. COMMENCEMENT OF SERVICE
The Applicant agrees to submit an application form correctly and completely filled in together with supporting documents required by the Company on the date hereof for the Company’s consideration. The Applicant shall be entitled to use the Service for receiving the payments for goods and/or services of the Applicant only upon obtaining the Company’s permission.
3. ACKNOWLEDGEMENT OF RISKS IN ELECTRONIC TRANSACTIONS
The Applicant has carefully considered and realizes that electronic transactions are of risk and accepts any consequent damages incurred fromsuchelectronictransactions.TheApplicantagrees to strictly comply with the following:
3.1 Incaseofreceiptofthepaymentsforgoodsand/orservices, the Applicant must keep, not less than 18 months, sales record or proof of trade, delivery of goods/services and receipt of payments such as tax invoice, shipping slip, receipt, etc. as proof in any disputes happen thereafter. If the Company desires to verify the Applicant’s transactions, the Applicant agrees to provide the Company with all relevant information and documents immediately or within a specified period. The Applicant also agrees to assist the Company in order to acquire such information and documents and shall not, in any circumstances, obstruct, weaken, destroy or hinder the Company from acquiring such information and documents.