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Selfport

Financial Services Terms

When you use IMUs, Selfport, or any related services, you agree to these Financial Services Terms.

  1. Making Purchases
    1. When you confirm a transaction on Selfport, you agree to be bound by and pay for that transaction.
    2. Pay attention to the details of the transaction, because your total price may include taxes, fees, and shipping costs, which you are responsible for paying.
    3. Don't commit to a transaction unless you are ready to pay, because all sales are final.
    4. If you order something that becomes unavailable before it can be provided to you, your only remedy is to receive a refund of your purchase price.
    5. You may be presented with additional terms related to a specific purchase before you confirm the transaction (such as shipping terms for tangible goods). Those additional terms will also govern that transaction.
    6. WE MAKE NO WARRANTIES OF ANY KIND, EXPRESS OR IMPLIED, WITH RESPECT TO ANY PRODUCTS OR SERVICES SOLD ON OR THROUGH SELFPORT.

  2. Purchasing and Using IMUs (International Monetary Units)

You may purchase IMUs from Selfport to purchase virtual goods, or for use in transactions between users, accounts or profiles.

  1.  
    1. Although the value of IMUs is initially connected to the US dollar, we may change the valuation of IMUs at any time (for example, to attach them to the IMF’s Special Drawing rights, or some other form of valuation.)  In such cases, we will endeavor to keep the new method of valuation consistent with the former method, as much as possible, with regard to any particular currency, but do not make any guarantees.
    2. IMUs may only be withdrawn in to your local currency after registration to withdraw.
    3. Transactions to and from meta-profiles are not enabled until verified by an authorized representative of the subject of that meta-profile. 
    4. Requirements for verification may change without notice.
    5. Transactions between users, accounts or profiles on Selfport may be restricted by various methods of verification. 
    6. If you deactivate your account and do not reactivate it within 6 months, or if you delete your account, you will lose any IMUs in the account.
    7. If we deactivate your account and you do not meet any conditions necessary to reinstate it within 6 months, we may redeem those IMUs by donating the IMUs to a nonprofit organization of our choice (and charging standard redemption fees for those transactions).
    8. You waive all claims for loss of money through use of Selfport, IMUs or any related service.
    9. It is your responsibility to remit any taxes that apply to your transactions on Selfport, using IMUs, or any related service. You agree to indemnify and hold us harmless from and against any claim arising out of your failure to do so.

  2. Actions We May Take

As part of our effort to keep Selfport safe, we may take certain actions to reduce liability for users and us.

  1.  
    1. We may make any inquiries that we consider necessary, either directly or through third parties, concerning your identity and creditworthiness.
    2. We may cancel any transaction if we believe the transaction violates these Payments Terms or our Terms and Conditions, or we believe doing so may prevent financial loss.
    3. We may place a delay on a payment for a period of time, limit payment sources for a transaction, limit your ability to make a payment or deactivate your account if we believe doing so may prevent financial loss.
    4. We may contact your payment source issuer, law enforcement, or impacted third parties (including other users) and share details of any payments you are associated with if we believe doing so may prevent financial loss or a violation of law.
    5. We may cancel any IMUs transferred, assigned, or sold in violation of these Payments Terms or the Statement of Rights and Responsibilities.
    6. If you purchase advertising, and your payment method fails or your account is past due, we may take steps to collect past due amounts using other collection mechanisms. You agree to pay all expenses associated with such collection, including reasonable attorneys' fees. Interest will accrue on any past due amounts at the rate of the lesser of 1% per month or the lawful maximum.
  2. Disputes and Reversals
    1. If you believe that an unauthorized or otherwise problematic transaction has taken place under your account, you agree to notify us immediately, so that we may take action to prevent financial loss.
    2. To the fullest extent permitted by law, you waive all claims against us related to payments unless you submit the claim to us within 30 days after the charge.
    3. You are responsible for and agree to reimburse us for all reversals, charge-backs, claims, fees, fines, penalties and other liability incurred by us (including costs and related expenses) that were caused by or arising out of payments that you authorized or accepted.
    4. If you enter into a transaction with a third party and have a dispute over the goods or services you purchased we have no liability for such goods or services. Our only involvement with regard to such transaction is as a payment agent.
    5. We may intervene in disputes between users concerning payments but have no obligation to do so.
    6. Your only remedy for a technical failure or interruption of service is to request that your transaction be completed at a later time.
  3. Special Provisions Applicable to Advertisers
    1. When you purchase advertising on or through Selfport, you agree to pay all amounts specified in the order, along with any applicable taxes.
    2. You are responsible for maintaining the security of your advertising account, and you understand that you will be charged for any orders placed on or through your advertising account.
    3. You can cancel an advertising order at any time through our online portal, but your ads may run for several days after you notify us, and you are still responsible for paying for those ads.
    4. Without limiting section 4.1, your order constitutes your written authorization for us to obtain your personal and/or business credit report from a credit bureau. We may obtain your credit report when you place an order, or at any time thereafter.
    5. It is your responsibility to remit any taxes that apply to your transactions. You agree to indemnify and hold us harmless from and against any claim arising out of your failure to do so.
  4. Notices and Amendments to These Payments Terms
    1. We may provide notices to you by posting them on our website, or by sending them to an email address or street address that you previously provided to us. Website and email notices shall be considered received by you within 24 hours of the time posted or sent; notices by mail shall be considered received within three business days of the time sent.
    2. Except as otherwise stated, you must send notices to us relating to payments and these Payment Terms by postal mail to: Selfport, Inc., Attention: Legal Department, 603 Washington St., Santa Cruz, CA, 95060.
    3. The Payment Terms in place at the time you confirm a transaction will govern that transaction.
    4. We may change these Financial Services Terms, in whole or in part, even though the changes may affect accumulated credits. All amendments to these Payment Terms will be made pursuant to Section 12 of the Statement of Rights and Responsibilities.
  5. Other
    1. All of the commitments you make in the Selfport Terms and Conditions apply to any use of Selfport Financial Services, IMUs or any related service. In the event of any conflict between these Financial Services Terms and the Selfport Terms and Conditions, the Financial Services Terms shall prevail.
    2. If you are under the age of 18, you may use Selfport Financial Services, IMUs or any related services only with the involvement of a parent or guardian. You should review these Financial Services Terms with a parent or guardian to make sure that you both understand them.
    3. "Us," "we," "our," "claim" and "Selfport" mean the same as they do in the Terms and Conditions.
    4. Some countries may restrict or prohibit your ability use Selfport Financial Services, IMUs or any related services. Nothing in these Financial Services Terms should be read to override or circumvent any such laws.