Homesteaders Co-op allows buyers and sellers to use various forms of payments on homesteaderscoop.com. Homesteaders Co-op users can pay with and accept payment by PayPal, STEEM tokens and SBD tokens. This policy explains all of your rights and obligations when using Homesteaders Co-op for payments.
1. Accepting These Terms
This document (the Homesteaders Co-op Payments Policy or the “Policy,” for short) sets out your rights and responsibilities when you use Homesteaders Co-op’s services (we’ll refer to homesteaderscoop.com and other services as our “Services”), so please read it carefully. By using Homesteaders Co-op Services, you’re agreeing to the Policy.
The Policy is a legally binding contract between you and Homesteaders Co-op.
Homesteaders Co-op Services allows sellers to (a) conduct STEEM and SBD currency transactions, (b) have those funds deposited directly into a seller’s designated STEEM wallet.
Homesteaders Co-op Services allows sellers to optionally (a) conduct PayPal transactions, (b) have funds deposited directly into a seller’s designated PayPal account.
Homesteaders Co-op is only available to sellers who are at least 18 years old who register and are approved for an account with Homesteaders Co-op.
Sellers may only use Homesteaders Co-op for the sale of items listed on Homesteaders Co-op’s Services, and agree to ship sold items once a payment transaction is complete and reflected in their payment account. Homesteaders Co-op reserves the right to terminate a seller’s access to Homesteaders Co-op Services if the seller uses Homesteaders Co-op Payments in any other manner.
Buyers may submit a payment through the STEEM blockchain directly to the vendor from which whom they are making a purchase.
Buyers may submit a payment through PayPal directly to the seller from which whom they are making a purchase, if that seller has elected to receive PayPal as a payment option.
3. Third-Party Services
Homesteaders Co-op has engaged third-party service providers to perform many of the services related to payment processing, orders management and product catalog management.
Homesteaders Co-op utilizes PayPal and the STEEM blockchain to facilitate payments and the disbursement of funds to sellers. The processing time for your payment will vary transaction times in PayPal and the STEEM blockchain. If you submit an order and fail to submit payment for your purchase, Homesteader Co-op vendors reserve the right to contact you directly and to seek payment.
Homesteaders Co-op may share your personal or transactional information with those third-party service providers when it’s necessary to process payments.
If Homesteaders Co-op receives notice that your shop’s content or activity violates a third party’s service agreement, we may at our sole discretion take action against your account to comply with their policies. Such actions may include canceling an order, disabling listings from your shop, suspending your selling privileges, or removing certain payment methods.
4. Homesteaders Co-op’s Rights and Responsibilities
Homesteaders Co-op Services functionality may be made available, modified, or discontinued by us at any time without notice and is subject to the limitations in Homesteaders Co-op ’s Terms of Service.
As a security measure, we may impose transaction limits on buyers and sellers. For example, we may impose limits relating to the value of any transaction, deposit, or adjustment, or limits relating to the cumulative value of all transactions, deposits, or adjustments during a period of time. We may also impose limits related to the number of transactions per day or other period of time. We will not be liable to a seller: (a) if we do not proceed with a transaction, deposit, or adjustment that would exceed any limit established by us, or (b) if we permit a buyer to withdraw from a transaction.
Homesteaders Co-op may refuse service of Homesteaders Co-op Services to anyone, for any reason, at any time.
Homesteaders Co-op reserves the right to decline transactions that we believe to be high risk, fraudulent, or in violation of Homesteaders Co-op’s Terms of Service.
5. Seller Rights and Responsibilities
A. Use of Homesteaders Co-op Services. As a seller you are required to sign up for Homesteaders Co-op Services, which will result in your shop accepting payment through the STEEM blockchain and optionally through PayPa. For you to sign up for Homesteaders Co-op Services and receive payment for transactions made through Homesteaders Co-op Services, you must provide valid account information for a STEEM account. If you choose to use PayPal as a payment method you must provide valid account information for a PayPal account. Without this information, Homesteaders Co-op cannot facilitate transactions between the customer and yourself! If you do not provide Homesteaders Co-op with this information, Homesteaders Co-op may refuse you access to the Services until you do so.
B. Payment Accounts. Homesteaders Co-op Services is only available to sellers who register and are approved for an account. Sellers must provide accurate personal information as requested during registration, and are responsible for maintaining and updating that information as necessary. Sellers will not impersonate any person or use a name he or she is not legally authorized to use. Sellers authorize us, and authorized agents, to verify the their information (including any updated information) by accessing public records in order to approve a seller account. Sellers also authorize Homesteaders Co-op to verify the sellers’ information from time to time while the sellers are using Homesteaders Co-op Services.
C. Disputes. Sellers agree to resolve any disputes directly with a buyer, and in accordance with our Seller Policy and Terms of Service. In the event that a dispute is escalated to Homesteaders Co-op, Homesteaders Co-op reserves the right to demand a refund to a buyer if a transaction is found to be in violation of Homesteaders Co-op’s Seller Policy and Terms of Service.
D. Communications. We will inform sellers of each transaction, or of other information pertaining to Homesteaders Co-op Services by email.
E. Refunds. It is the seller’s responsibility to refund any funds owed directly to the buyer.
Fully refunded transactions may be eligible for cancellation in accordance with the Seller Policy.
F. International Trade Laws. You agree that your use of Homesteaders Co-op Services will not involve any countries, entities, individuals or items prohibited by sanctions, embargoes, regulations or orders administered by the US Department of Treasury’s Office of Foreign Assets Control (“OFAC”) or other government agencies.
6. Payment Processing Fees
Homesteaders Co-op does not charge a fee (the “Payment Processing Fee”) for processing each transaction through Homesteaders Co-op Payments.
Sellers may terminate this contract and their acceptance of Homesteaders Co-op Payments at any time by requesting that Homesteaders Co-op terminate their account. Homesteaders Co-op may also terminate or suspend a seller’s use of Homesteaders Co-op Services at any time.