Stripe Financial Infrastructure Services Agreement

Stripe Financial Infrastructure Services Agreement

Effective: 29 April, 2023

This Stripe Financial Infrastructure Services ("Agreement") is made between RCX Pty Ltd ("RCX," "we," "us," or "our") and Stripe Payments Australia Pty Ltd A.C.N. 160 180 343 ("Stripe"), collectively referred to as the "Parties," effective as of the date of acceptance by both Parties.

1. Services

Stripe agrees to provide RCX with the following services:
  1. Payment processing for online transactions;
  2. Credit and debit card payment acceptance;
  3. Bank account verification and account balance checks;
  4. Transaction reporting and reconciliation;
  5. Fraud prevention and risk management services; and
  6. Any other services agreed upon by both Parties in writing.

2. Fees and Charges

Stripe will charge RCX the applicable fees and charges for the Services in accordance with Stripe's pricing schedule, which may be updated from time to time. RCX agrees to pay all fees and charges within the timeframe specified by Stripe.

3. Compliance with Laws

RCX warrants that it will comply with all applicable laws, regulations, and rules, including but not limited to anti-money laundering and anti-terrorism financing laws, data protection laws, and consumer protection laws, in connection with its use of the Services. RCX agrees to provide Stripe with any information and documentation necessary to comply with such laws and regulations.

4. Data Privacy and Security

Stripe agrees to comply with its privacy policy available at https://stripe.com/au/privacy and any applicable data protection laws in connection with the processing of personal information under this Agreement. RCX agrees to comply with its privacy policy and any applicable data protection laws in connection with its use of the Services.

5. Term and Termination

This Agreement will remain in effect until terminated by either Party in accordance with its terms. Either Party may terminate this Agreement upon 30 days' written notice to the other Party. Termination of this Agreement will not affect any outstanding obligations or liabilities incurred by either Party prior to termination.

6. Limitation of Liability

Except for any liability arising from a Party's gross negligence, wilful misconduct, or breach of confidentiality, in no event shall either Party be liable for any indirect, incidental, special, punitive, or consequential damages, or for any loss of revenue, profits, or data, arising out of or in connection with this Agreement.

7. Confidentiality

Each Party agrees to keep confidential all non-public information disclosed by the other Party in connection with this Agreement and to use such information solely for the purpose of performing its obligations under this Agreement.

8. Governing Law and Jurisdiction

This Agreement will be governed by and construed in accordance with the laws of the State of Victoria, Australia, without regard to its conflict of laws provisions. The Parties hereby submit to the exclusive jurisdiction of the courts located in Victoria for the resolution of any dispute arising out of or relating to this Agreement.

9. Entire Agreement

This Agreement, together with any schedules, exhibits, or attachments hereto, constitutes the entire agreement between the Parties with respect to the subject matter hereof and supersedes all prior or contemporaneous agreements, negotiations, representations, and proposals, whether written or oral.

10. Amendments

No amendment or modification of this Agreement will be valid or binding upon the Parties unless made in writing and executed by duly authorised representatives of both Parties.

By using RCX's Services, you acknowledge that you have read, understood, and agreed to be bound by this Stripe Financial Infrastructure Services Agreement

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