Last Updated: January 1, 2026
Welcome to Electronic Transaction. These Terms and Conditions ("Terms") constitute a legally binding agreement between you ("User," "you," or "your") and Electronic Transaction ("Company," "we," "us," or "our") regarding your access to and use of our website, payment processing services, and related applications (collectively, the "Services").
By accessing or using our Services, you agree to be bound by these Terms. If you do not agree to these Terms, you may not access or use our Services. These Terms apply to all visitors, users, merchants, and others who access or use our Services.
You must be at least 18 years old and capable of forming a legally binding contract to use our Services. By using our Services, you represent and warrant that you meet these eligibility requirements.
For purposes of these Terms:
To use our Services, you must create an Account by providing accurate, current, and complete information. You agree to update your information promptly if it changes. We reserve the right to suspend or terminate your Account if any information provided is inaccurate, false, or incomplete.
You are responsible for maintaining the confidentiality of your Account credentials, including your username and password. You agree to:
We are not liable for any loss or damage arising from your failure to comply with these security obligations.
We may require you to provide additional information and documentation to verify your identity, business legitimacy, and compliance with applicable laws. This may include government-issued identification, business licenses, tax identification numbers, and financial statements. Failure to provide requested information may result in Account suspension or termination.
Electronic Transaction provides payment processing services that enable Merchants to accept payments from Customers through various payment methods, including:
As a Merchant using our Services, you agree to:
You may not use our Services for:
You agree to pay the Processing Fees as specified in your Merchant Agreement or as displayed on our pricing page. Fees may include:
We may modify our fees upon thirty (30) days' advance notice. Continued use of our Services after such notice constitutes acceptance of the modified fees.
Processing Fees are deducted automatically from your transaction proceeds. If transaction proceeds are insufficient to cover fees, you authorize us to debit your linked bank account for the outstanding amount.
Transaction proceeds, less applicable fees, will be deposited into your designated bank account according to your settlement schedule. Standard settlement typically occurs within 2-3 business days, though this may vary based on your Account type, transaction volume, and risk assessment.
We may establish a reserve or place holds on funds in your Account to cover potential Chargebacks, refunds, fees, or other liabilities. Reserves may be:
We reserve the right to delay settlements if we suspect fraudulent activity, violation of these Terms, or other risk factors. We will notify you of any delays and work to resolve them promptly.
A Chargeback occurs when a Customer disputes a transaction with their card issuer. You agree to:
You are fully liable for all Chargebacks, regardless of the outcome of any dispute. We may deduct Chargeback amounts and fees directly from your Account or collect them through other means.
If your Chargeback ratio exceeds industry standards (typically 1% of transactions) or Card Network thresholds, we may:
You are responsible for establishing and communicating your refund and return policies to Customers. All refunds must be processed through our Services. You agree to:
Refunds are typically processed within 5-10 business days, depending on the payment method and financial institution.
All content, features, and functionality of our Services, including but not limited to text, graphics, logos, icons, images, audio clips, software, and the compilation thereof, are the exclusive property of Electronic Transaction and are protected by United States and international copyright, trademark, patent, trade secret, and other intellectual property laws.
Subject to these Terms, we grant you a limited, non-exclusive, non-transferable, revocable license to access and use our Services for their intended purpose.
You may not:
You agree to maintain the confidentiality of all non-public information obtained through our Services, including API keys, security credentials, and business information. You may not disclose such information to third parties without our prior written consent.
You are responsible for implementing appropriate security measures to protect Customer data in your possession. You must comply with PCI DSS requirements if you handle cardholder data and notify us promptly of any security breaches.
Your use of our Services is also governed by our Privacy Policy, which is incorporated into these Terms by reference.
OUR SERVICES ARE PROVIDED "AS IS" AND "AS AVAILABLE" WITHOUT ANY WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED. TO THE FULLEST EXTENT PERMITTED BY LAW, WE DISCLAIM ALL WARRANTIES, INCLUDING BUT NOT LIMITED TO:
We do not warrant that the results obtained from using our Services will be accurate or reliable. You use our Services at your own risk.
TO THE FULLEST EXTENT PERMITTED BY LAW, ELECTRONIC TRANSACTION AND ITS OFFICERS, DIRECTORS, EMPLOYEES, AGENTS, AND AFFILIATES SHALL NOT BE LIABLE FOR:
OUR TOTAL LIABILITY TO YOU FOR ALL CLAIMS ARISING FROM OR RELATING TO THESE TERMS OR OUR SERVICES SHALL NOT EXCEED THE GREATER OF (A) THE AMOUNT OF FEES PAID BY YOU TO US IN THE TWELVE (12) MONTHS PRECEDING THE CLAIM, OR (B) $500.
SOME JURISDICTIONS DO NOT ALLOW THE EXCLUSION OR LIMITATION OF CERTAIN DAMAGES, SO THE ABOVE LIMITATIONS MAY NOT APPLY TO YOU.
You agree to indemnify, defend, and hold harmless Electronic Transaction and its officers, directors, employees, agents, and affiliates from and against any and all claims, liabilities, damages, losses, costs, expenses, or fees (including reasonable attorneys' fees) arising from or relating to:
You may terminate your Account at any time by contacting us. Upon termination, you remain liable for all transactions processed prior to termination and any associated fees, Chargebacks, or refunds.
We may suspend or terminate your Account immediately and without notice if:
Upon termination, all licenses granted to you will cease, and you must immediately cease all use of our Services. Provisions that by their nature should survive termination will survive, including ownership provisions, warranty disclaimers, and limitations of liability.
These Terms shall be governed by and construed in accordance with the laws of the State of Florida, United States, without regard to its conflict of law provisions.
Any dispute arising from or relating to these Terms or our Services shall first be attempted to be resolved through good faith negotiation. If negotiation fails, disputes shall be resolved through binding arbitration in Miami, Florida, in accordance with the rules of the American Arbitration Association.
YOU AGREE THAT ANY PROCEEDINGS, WHETHER IN ARBITRATION OR COURT, WILL BE CONDUCTED ONLY ON AN INDIVIDUAL BASIS AND NOT IN A CLASS, CONSOLIDATED, OR REPRESENTATIVE ACTION.
These Terms, together with our Privacy Policy and any other agreements expressly incorporated by reference, constitute the entire agreement between you and Electronic Transaction regarding our Services.
If any provision of these Terms 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.
Our failure to enforce any right or provision of these Terms will not be considered a waiver of those rights. Any waiver must be in writing and signed by an authorized representative.
You may not assign or transfer these Terms without our prior written consent. We may assign these Terms without restriction.
All notices to us should be sent to: Electronic Transaction, 334 NW 22nd Street, Miami, FL 33127 or support@electronic-transaction.online. Notices to you will be sent to the email address associated with your Account.
We reserve the right to modify these Terms at any time. We will provide notice of material changes by posting the updated Terms on our website with a revised "Last Updated" date and/or sending an email notification. Your continued use of our Services after such changes constitutes acceptance of the modified Terms.
If you have any questions about these Terms, please contact us:
