1. Terms and conditions of use
This Agreement contains the terms and conditions that apply to an individual’s or an entity’s participation in the Fraxion Payments™ micropayments program.
This Agreement is entered into by and between you and Fraxion Payments™ regarding your use of all aspects of the Fraxion Payments™ Service. By using the Service, you consent to be bound by these terms and conditions.
In this Agreement, “we”, “our”, “us”, and “FraxionPayments.com” means Fraxion Payments™ and its affiliates, and “you” or “your” means you the “website operator / publisher / blogger / user of content / reader”.
The Service is designed to help you charge for online news that you or your associates create.
Users of the Fraxion Payments™ Service (“Service”) use it to sell online content through their own websites for prices they set within the confines of the Fraxion Payments™ Service, including but not limited to, the Plug-in.
If, for any reason, we believe that you have not complied with these requirements, we may, at our discretion, cancel your registration immediately and without giving you any advance notice.
Your participation with Fraxion Payments™ is governed by this agreement, the instructions and rules and the terms, conditions, policies, guidelines, and other information on the FraxionPayments.com website, each of which may be modified from time to time. In the event of any conflicts between any of this information, the terms of this Agreement control your participation.
2. License, Representation and Warranties
You warrant that your online content will not violate or misappropriate any copyright, trademark or other intellectual property or other rights of any third party.
You warrant to us that any material you publish through the Service that you own the copyright, or have permission to publish the material, or otherwise comply with all appropriate copyright laws.
You warrant that your online content on your website is not defamatory of any person or otherwise illegal or is in breach of any law, including but not limited to, defamation law in any respective country.
You agree not to post material which is deliberately intended to upset or incite other people to violence or hatred. This includes but is not limited to content that is hate-related, violent or illegal.
We reserve the right to remove your access to individual Services completely if we believe you are abusing the Services in any way.
You will not modify, adapt, translate, prepare derivative works from, decompile, reverse engineer, disassemble or otherwise attempt to derive source code from any Fraxion Payments™ Service, software, or documentation, or create or attempt to create a substitute or similar service or product through use of or access to the Service or proprietary information related thereto. You will not remove, obscure, or alter Fraxion Payment’s copyright notice, branding, trademark, or other proprietary rights notices affixed to or contained within the Service.
You acknowledge that Fraxion Payments™ owns all rights, titles and interest, including without limitation all intellectual property rights, in and to the Service, and that you do not acquire any right, title, or interest in or to the Service except as expressly set forth in this Agreement.
From time to time Fraxion Payments™ will upgrade its Plug-in and or Service and inform you of such an up grade. It is your responsibility to upgrade your Plug-in as soon as is appropriate. Fraxion Payments™ also reserves the right to discontinue service of old versions of the Plug-in where we deem it no longer makes commercial sense to continue such service.
You must have on your website appropriately displayed your own Privacy Policy where you state you will keep all readers information private as is appropriate and according to law.
Fraxion Payments™ owns and retains all intellectual property rights to the Service, and we do not claim ownership rights to your online content that you publish on your website using our Service.
2.1. of Readers
You as a Reader of websites that use the Services acknowledge that we are not responsible for content on websites using the Service, and that you use such content at your own risk.
You acknowledge that your purchased but un-used Fraxions may expire within a set time limit, normally within one year of purchase, and do not hold us responsible for the expiry of such Fraxions.
You acknowledge matters to do with the transaction of monies for purchases of Fraxions are handled by third parties, such as PayPal and credit card companies, and as such any problems arising from such transactions, that are outside our jurisdiction, are not our responsibility. Where we shall make every effort to resolve any such problems that may occur ultimately such matters have to be resolved with PayPal or other credit card or banking institutions.
You acknowledge that prices of content are set by the operators of the various websites that use the Services and, as such, we are not responsible for the setting of such prices.
3. Pricing, Payment and Royalties
The pricing for any given article on your website is set by you through the Plug-in. Readers of these articles must pay the given amount of Fraxions before the Plug-in gives these readers total access to the respective article.
Fraxion Payments™ will keep track of how many Fraxions were spent on your website, and the actual worth of each individual Fraxion.
Within 30 days of the end of a calendar month Fraxion Payments™ will send the prescribed percentage of the worth of spent Fraxions (collectively “Payments” or “Royalties”) to you, but only if the amount is greater than US$20. Any amount under this will be held in credit until such time the amount is greater than US$20, in which case it will be paid to you in the normal course of monthly royalty payments.
Royalties shall be calculated solely based on records maintained by Fraxion Payments™. No other measurements or statistics of any kind shall be accepted by Fraxion Payments™ or have any effect under this Agreement.
You must have a bona fide Paypal account, credit card, financial information and / or account in order for us to make such payments of royalties
We make no guarantees or warranties as to how much your royalties will be. We may also change the payment structure at any time. We also reserve the right to hold back payments pending any investigation or legal proceedings into breach of copyright by you. Any and all bank fees, transaction fees and currency exchange fees will be paid by you when making such payments.
If you dispute any royalty payment you must notify us in writing within thirty (30) days of any such payment. Failure to notify us shall result in the waiver by you of any claim relating to any such disputed payment.
You acknowledge and agree that we may, without further notice to you, contribute to a charitable organization selected by Fraxion Payments™ all funds, payments held by Fraxion Payments™ and that are due to you (if any), but which Fraxion Payments™ is unable to pay or deliver to you because your account is “inactive”.
“Inactive” means that, based on our records: (a) for a period of two (2) years or more you have not logged into your account or accepted funds, payments or other amounts that Fraxion Payments™ has attempted to pay or deliver to you, and (b) Fraxion Payments™ has been unable to reach you, or has not received adequate payment instructions from you, after contacting you with the email address shown in our records.
4. Indemnification
You indemnify, defend, and hold harmless Fraxion Payments™, its affiliated companies, and their respective officers, directors, employees, and agents against any claim, loss, damage, judgment, settlement, cost, expense, or other liability (including, without limitation, attorneys’ fees) arising from or related to (a) the Service; (b) your alleged breach of any representations or warranty contained in this Agreement, or (c) any content you provide (collectively, “Claims”). You will use counsel reasonably satisfactory to us to defend each claim. If at any time we reasonably determine that any claim might adversely affect us, we may take control of the defense at your reasonable expense and without affecting your indemnification and hold harmless obligations. You may not consent to the entry of any judgment or enter into any settlement without our prior written consent, which we will not unreasonably withhold.
5. Disclaimer of liability
To the extent permitted at law, we do not accept any responsibility for any statement within any content you publish. We are not responsible for any external content. You are responsible for your own website and online content. This applies to, but is not limited to, defamation law in any country.
We are not be liable for any loss caused as a result of your doing, or not doing, anything as a result of using the Service, even if you have been advised of the possibility of any such loss.
You can access other sites via links from Fraxion Payments™. These sites are not under our control and we are not responsible in any way for any of their content.
We give no warranties of any kind concerning Fraxion Payments™ or online content on affiliated sites that use the Service.
You acknowledge that any breach of these warranties may cause us damage or loss and you agree to indemnify us in full and permanently against any third party liabilities, claims, costs, loss or damage we incur as a result of using the Service, including consequential losses.
6. Taxes
All taxes, such as sales tax, associated with the royalties are your responsibility and payable by you to your appropriate governmental body. If Fraxion Payments™ is required by law or by administration thereof to collect any such taxes from you, you will pay such taxes to Fraxion Payments™. If Fraxion Payments™ is required to withhold any taxes on payments made by us to you, Fraxion Payments™ has the right to withhold such taxes and pay them to the appropriate tax authority, provided however, that Fraxion Payments™ will deliver a receipt for any such taxes withheld or other such documents necessary to enable you to claim a tax credit or deduction for the taxes withheld. Payment to you as reduced by such with holdings will constitute full payment and settlement to you of such amounts. You will be responsible for all other taxes (including interest and penalties) or fees arising from transactions.
7. Publicity
You agree that we may use your name and logo in presentations, marketing materials, customer lists, financial reports, web site listings of customers, search results, and as referrals. If you wish to use Fraxion Payment’s name, trademarks, service marks, logos, domain names, and other distinctive brand features you can so long as such use is in compliance with this Agreement and complies with how we use our brand and our brand-use guidelines.
8. Term of Agreement
The term of this Agreement begins when you register with Fraxion Payments™ and ends when terminated by either party.
You may terminate this Agreement at any time, with or without cause, by giving us written notice of such termination. Your termination is effective 30 days from the date we receive your written notice.
We may terminate this Agreement at any time, with or without cause, by giving you written notice of such termination, which is effective immediately or on a later date as specified in the notice.
9. Relationship of Parties
You and Fraxion Payments™ are independent contractors, and nothing in this Agreement creates any partnership, joint venture, agency, franchise, sales representative, or employment relationship, or any kind of exclusive relationship, between the parties.
10. Variations
These terms may be varied from time to time. Please ensure that you review these terms and conditions regularly as you will be deemed to have accepted a variation if you continue to use the site after it has been posted.
11. Force Majeur
Although we will do our best to provide constant, uninterrupted access to Fraxion Payments™ and the Service, we do not guarantee this. We accept no responsibility or liability for any interruption or delay.
12. Governing law & jurisdiction
This agreement is governed by Swiss law and the parties agree to submit to the exclusive jurisdiction of the Swiss courts.
13. Disputes
Any dispute relating to this Agreement (including any actual or alleged breach here of), any transactions or activities under this Agreement or your relationship with us or any of our affiliates in which the aggregate total claim for relief sought on behalf of one or more parties exceeds US$7,500 will be adjudicated in an appropriate court in Switzerland, and you consent to exclusive jurisdiction and venue in such courts.
14. Miscellaneous
You may not assign this Agreement, by operation of law or otherwise,without our prior written consent. Subject to that restriction, this Agreement will be binding on, inure to, and be enforceable against the parties and their respective successors and assigns.
Our failure to enforce your strict performance of any provision of this Agreement will not constitute a waiver of our right to enforce such provision or any other provision of this Agreement subsequently.
We will send all notices and other communication to you at the e-mail address you listed in your registration.
If any provision of this Agreement shall be deemed unlawful, void, or for any reason unenforceable, then that provision shall be deemed severable from these terms and conditions and shall not affect the validity and enforceability of any remaining provisions.
This Agreement represents the entire agreement between the parties with respect to the Service and supersedes any previous or contemporaneous oral or written agreements and understanding.