Balkanspring Payments allows buyers and sellers to use various forms of payments on Balkanspring.com, and Balkanspring's mobile apps and other services. Balkanspring Payments users can pay with and accept payment by credit card, debit card, Balkanspring Gift Card, Balkanspring Credit. This policy explains all of your rights and obligations when using Balkanspring Payments.
The Balkanspring Payments Policy (or the “Policy”) sets out your rights and responsibilities when you use Balkanspring Payments on Balkanspring’s services (we’ll refer to Balkanspring.com, Balkanspring's mobile apps, and other services as our “Services”), so please read it carefully. By using Balkanspring Payments, you’re agreeing to the Policy.
The Policy is a legally binding contract between you and Balkanspring. If you live in North America or South America, the contract is between you and Balkanspring, Inc
Balkanspring Payments allows sellers to (a) accept payment by authorized credit and debit card transactions, some bank transfers services, (b) have those funds credited to a seller’s payment account with Balkanspring, and (c) have those funds deposited into a seller’s designated bank account.
Balkanspring Payments is only available to sellers who are at least 18 years old who register and are approved for a payment account with Balkanspring. Balkanspring Payments is currently available to sellers in Kosovo.
Sellers may only use Balkanspring Payments for the sale of items listed on Balkanspring’s Services, and agree to ship sold items once a payment transaction is complete and reflected in their payment account. Balkanspring reserves the right to terminate a seller’s access to Balkanspring Payments if the seller uses Balkanspring Payments in any other manner.
Buyers may authorize a payment with any major credit or debit card accepted by Balkanspring, with Balkanspring Gift Cards and Balkanspring Credits.
Balkanspring has engaged third-party service providers to perform many of the services related to payment processing, including card processing, currency exchange, identity verification, fraud analysis, and regulatory compliance.
Balkanspring partners licensed payment processors to facilitate card payments and other payments and the disbursement of funds to sellers. The provider and processing time for your payment will vary based on the country in which you're located. If there are insufficient funds in your bank account when our provider processes the payment for your purchase, Balkanspring reserves the right to contact you directly and to seek payment.
Balkanspring may share your personal or transactional information with those third-party service providers when it's necessary to process payments.
Balkanspring Gift Cards and Balkanspring Credits are subject to the Gift Cards & Balkanspring Credits Policy.
By using a third-party service, you may also be subject to an agreement with the third party.
If Balkanspring 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 a transaction, disabling listings from your shop, suspending your selling privileges, or removing certain payment methods.
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.
Balkanspring may refuse service of Balkanspring Payments to anyone, for any reason, at any time.
In the event that a buyer does not make payment for the purchase of a legitimate item sold using Balkanspring Payments (e.g., where the buyer used a stolen or unauthorized credit card), Balkanspring may provide limited payment protection to the seller, in the interest of fairness. You can learn more about our Seller Protection Program here.
Payment accounts are only available to individuals who are eligible to be sellers on Balkanspring’s Services and who have a valid credit or debit card on file with Balkanspring, unless they are exempt from this requirement.
Sellers may terminate this contract and their acceptance of Balkanspring Payments at any time by adjusting the Settings in their account with Balkanspring. Balkanspring may also terminate or suspend a seller’s use of Balkanspring Payments at any time.
Upon termination, any non-disputed Available Funds will be deposited into a seller’s bank account. Balkanspring reserves the right, upon termination of access to Balkanspring Payments, to set off against any payments to be made to the seller, an amount determined by us to be adequate to cover any anticipated chargebacks, refunds, adjustments, or other amounts that might be paid to buyers in connection with purchases from the seller's payment account for a prospective 180-day period. At the end of the 180-day period following termination, we will disburse to the seller any amount not used to offset chargebacks, refunds, adjustments, or such other amounts paid to buyers, or seek reimbursement from the seller via any of the means authorized in this Policy for any additional amount required to offset chargebacks, refunds, adjustments, or other amounts paid to buyers, as applicable.