Term of Services

1. INTRODUCTION

Welcome to the FlexFin platform (the “Site”). Please read the following Terms of Service carefully before using this Site or opening a FlexFin Account (“Account”) so that you are aware of your legal rights and obligations with respect to Intelligent Mobility System Sdn. Bhd. (Company Registration No. 201001034550 (918473-A)), its affiliates and/or subsidiaries (individually and collectively, “FlexFin”, “we”, “us” or “our”). The “Services” we provide or make available include (a) the Site, (b) the services provided by the Site and by FlexFin client software made available through the Site, and (c) all information, linked pages, features, data, text, images, photographs, graphics, music, sounds, video (including live streams), messages, tags, content, programming, software, application services (including, without limitation, any mobile application services) or other materials made available through the Site or its related services (“Content”). Any new features added to or augmenting the Services are also subject to Terms of Service. These Terms of Service govern your use of FlexFin.
FlexFin provides a platform for the sale of goods between the Buyer (“Buyer”) and the Seller (“Seller”) (collectively “you”, “Users” or “Parties”). The actual contract for sale is directly between Buyer and Seller and FlexFin is not a party to that or any other contract between Buyer and Seller and accepts no obligations in connection with any such contract. Parties to such transaction will be entirely responsible for the sales contract between them, the listing of goods, warranty of purchase and the like. FlexFin is not involved in the transaction between Users. FlexFin may or may not pre-screen Users or the Content or information provided by Users. FlexFin reserves the right to remove any Content or information posted by you on the Site in accordance to Section 6.4 herein. FlexFin cannot ensure that Users will actually complete a transaction.
Before becoming a User of the Site, you must read and accept all of the terms and conditions in, and linked to, these Terms of Service and you must consent to the processing of your personal data as described in the Privacy Policy linked hereto.
FlexFin reserves the right to change, modify, suspend or discontinue all or any part of this Site or the Services at any time or upon notice as required by local laws. FlexFin may release certain Services or their features in a beta version, which may not work correctly or in the same way the final version may work, and we shall not be held liable in such instances. FlexFin may also impose limits on certain features or restrict your access to parts of, or the entire, Site or Services in its sole discretion and without notice or liability.
FlexFin reserves the right to refuse to provide you access to the Site or Services or to allow you to open an Account for any reason.

BY USING FLEXFIN SERVICES OR OPENING AN ACCOUNT, YOU GIVE YOUR IRREVOCABLE ACCEPTANCE OF AND CONSENT TO THE TERMS OF THIS AGREEMENT, INCLUDING THOSE ADDITIONAL TERMS AND CONDITIONS AND POLICIES REFERENCED HEREIN AND/OR LINKED HERETO.

IF YOU DO NOT AGREE TO THESE TERMS, PLEASE DO NOT USE OUR SERVICES OR ACCESS THE SITE. IF YOU ARE UNDER THE AGE OF 18 OR BELOW THE LEGAL AGE FOR GIVING CONSENT HEREUNDER PURSUANT TO THE APPLICABLE LAWS IN YOUR COUNTRY (THE “LEGAL AGE”), YOU MUST GET PERMISSION FROM A PARENT OR LEGAL GUARDIAN TO OPEN AN ACCOUNT AND THAT PARENT OR LEGAL GUARDIAN MUST AGREE TO THE TERMS OF THIS AGREEMENT. IF YOU DO NOT KNOW WHETHER YOU HAVE REACHED THE LEGAL AGE, OR DO NOT UNDERSTAND THIS SECTION, PLEASE DO NOT CREATE AN ACCOUNT UNTIL YOU HAVE ASKED YOUR PARENT OR LEGAL GUARDIAN FOR HELP. IF YOU ARE THE PARENT OR LEGAL GUARDIAN OF A MINOR WHO IS CREATING AN ACCOUNT, YOU MUST ACCEPT THE TERMS OF THIS AGREEMENT ON THE MINOR’S BEHALF AND YOU WILL BE RESPONSIBLE FOR ALL USE OF THE ACCOUNT OR COMPANY SERVICES USING SUCH ACCOUNT, WHETHER SUCH ACCOUNT IS CURRENTLY OPEN OR CREATED LATER.

2. PRIVACY

Your privacy is very important to us at FlexFin. To better protect your rights we have provided the FlexFin’s Privacy Policy to explain our privacy practices in detail. Please review the Privacy Policy to understand how FlexFin collects and uses the information associated with your Account and/or your use of the Services (the “User Information”). By using the Services or providing information on the Site, you:
1. consent to FlexFin’s collection, use, disclosure and/or processing of your Content, personal data and User Information as described in the Privacy Policy;
2. agree and acknowledge that the proprietary rights of your User Information are jointly owned by you and FlexFin; and
3. shall not, whether directly or indirectly, disclose your User Information to any third party, or otherwise allow any third party to access or use your User Information, without FlexFin’s prior written consent.
Users in possession of another User’s personal data through the use of the Services (the “Receiving Party”) hereby agree that, they will (i) comply with all applicable personal data protection laws with respect to any such data; (ii) allow the User whose personal data the Receiving Party has collected (the “Disclosing Party”) to remove his or her data so collected from the Receiving Party’s database; and (iii) allow the Disclosing Party to review what information have been collected about them by the Receiving Party, in each case of (ii) and (iii) above, in compliance with and where required by applicable laws.

3. LIMITED LICENSE

FlexFin grants you a limited and revocable license to access and use the Services subject to the terms and conditions of these Terms of Service. All proprietary Content, trademarks, service marks, brand names, logos and other intellectual property (“Intellectual Property”) displayed in the Site are the property of FlexFin and where applicable, third party proprietors identified in the Site. No right or licence is granted directly or indirectly to any party accessing the Site to use or reproduce any Intellectual Property, and no party accessing the Site shall claim any right, title or interest therein. By using or accessing the Services you agree to comply with the copyright, trademark, service mark, and all other applicable laws that protect the Services, the Site and its Content. You agree not to copy, distribute, republish, transmit, publicly display, publicly perform, modify, adapt, rent, sell, or create derivative works of any portion of the Services, the Site or its Content. You also may not, without our prior written consent, mirror or frame any part or whole of the contents of this Site on any other server or as part of any other website. In addition, you agree that you will not use any robot, spider or any other automatic device or manual process to monitor or copy our Content, without our prior written consent (such consent is deemed given for standard search engine technology employed by Internet search websites to direct Internet users to this website).
You are welcome to link to the Site from your website, provided that your website does not imply any endorsement by or association with FlexFin. You acknowledge that FlexFin may, in its sole discretion and at any time, discontinue providing the Services, either in part or as a whole, without notice.

4. SOFTWARE

Any software provided by us to you as part of the Services is subject to the provisions of these Terms of Service. FlexFin reserves all rights to the software not expressly granted by FlexFin hereunder. Any third-party scripts or code, linked to or referenced from the Services, are licensed to you by the third parties that own such scripts or code, not by FlexFin.

5. ACCOUNTS AND SECURITY

Some functions of our Services require registration for an Account by selecting a unique user identification (“User ID”) and password, and by providing certain personal information. If you select a User ID that FlexFin, in its sole discretion, finds offensive or inappropriate, FlexFin has the right to suspend or terminate your Account. You may be able to use your Account to gain access to other products, websites or services to which we have enabled access or with which we have tied up or collaborated. FlexFin has not reviewed, and assumes no responsibility for any third party content, functionality, security, services, privacy policies, or other practices of those products, websites or services. If you do so, the terms of service for those products, websites or services, including their respective privacy policies, if different from these Terms of Service and/or our Privacy Policy, may also apply to your use of those products, websites or services.
You agree to (a) keep your password confidential and use only your User ID and password when logging in, (b) ensure that you log out from your account at the end of each session on the Site, (c) immediately notify FlexFin of any unauthorised use of your Account, User ID and/or password, and (d) ensure that your Account information is accurate and up-to-date. You are fully responsible for all activities that occur under your User ID and Account even if such activities or uses were not committed by you. FlexFin will not be liable for any loss or damage arising from unauthorised use of your password or your failure to comply with this Section.
You agree that FlexFin may for any reason, in its sole discretion and with or without notice or liability to you or any third party, immediately suspend, freeze or terminate your Account and your User ID, remove or discard from the Site any Content associated with your Account and User ID, withdraw any subsidies offered to you, cancel or suspend any transactions associated with your Account and User ID, temporarily or in more serious cases permanently withhold any sale proceeds or refunds, and/or take any other actions that FlexFin deems necessary. Grounds for such actions may include, but are not limited to, actual or suspected (a) extended periods of inactivity, as determined by us from time to time, (b) violation of the letter or spirit of these Terms of Service, (c) illegal, fraudulent, harassing, defamatory, threatening or abusive behaviour (d) having multiple user accounts, (e) buying products on the Site for the purpose of commercial re-sale, (f) abnormal or excessive purchase of products from the same Seller or related group of Sellers, (g) voucher abuse (including, but not limited to, selling of vouchers to third parties, selling of vouchers or other credits at a significant markup above face value and/or abnormal or excessive use of vouchers on the Site), or (h) failure to make timely payment of any outstanding amount (or other obligation) owed to FlexFin or any of its Affiliates (subject to applicable law),or (i) behaviour that is harmful to other Users, third parties, or the business interests of FlexFin. Use of an Account for illegal, fraudulent, harassing, defamatory, threatening or abusive purposes may be referred to law enforcement authorities without notice to you. If a legal dispute arises or law enforcement action is commenced relating to your Account or your use of the Services for any reason, FlexFin may terminate your Account immediately with or without notice.
Users may terminate their Account if they notify FlexFin in writing (including via email at [email protected]) of their desire to do so. Notwithstanding any such termination, Users remain responsible and liable for any incomplete transaction (whether commenced prior to or after such termination), shipment of the product, payment for the product, or the like, and Users must contact FlexFin after he or she has promptly and effectively carried out and completed all incomplete transactions according to the Terms of Service. FlexFin shall have no liability, and shall not be liable for any damages incurred due to the actions taken in accordance with this Section. Users waive any and all claims based on any such action taken by FlexFin.
You may only use the Services and/or open an Account if you are located in one of our approved countries, as updated from time to time.
If you are a Seller, you may be entitled to create sub-accounts (“Sub-Account”) on the sub-account platform operated by FlexFin (“Sub-Account Platform”) that are linked to your Account(s). You acknowledge and agree that: (a) the purpose of the Sub-Accounts are to enhance the management of your Account(s) as a Seller, and you shall not use the Sub-Accounts for any other purposes (including, but not limited to, fraudulent or illegal activities); (b) while Sub-Accounts are not considered “Accounts” for the purposes of these Terms of Service, the provisions of this Section 5 shall apply mutatis mutandis to the Sub-Accounts, except that references to “Accounts” shall be to the Sub-Accounts; (c) Sub-Accounts can be configured to have access to your Account(s) and the same rights as your Account(s) (or parts thereof), and you expressly acknowledge and agree that: (i) you are solely responsible for creating and configuring Sub-Accounts, and granting and controlling third party access to the Sub-Accounts; (ii) any third parties to whom you grant access to your Sub-Accounts will have the ability to access and operate your Account; (iii) we shall be entitled to treat any actions of the Sub-Accounts as actions of your Account; and (iv) you shall be responsible for all actions of the Sub-Accounts; and (d) FlexFin reserves the right to amend or terminate the operation of the Sub-Account Platform and to close any Sub-Accounts at any time in its sole discretion.

6. TERM OF USE

The license for use of this Site and the Services is effective until terminated. This license will terminate as set forth under these Terms of Service or if you fail to comply with any term or condition of these Terms of Service. In any such event, FlexFin may effect such termination with or without notice to you.
You agree not to:
1. upload, post, transmit or otherwise make available any Content that is unlawful, harmful, threatening, abusive, harassing, alarming, distressing, tortious, defamatory, vulgar, obscene, libelous, invasive of another’s privacy, hateful, or racially, ethnically or otherwise objectionable;
2. violate any laws, including without limitation any laws and regulation in relation to export and import restrictions, third party rights or our Prohibited and Restricted Items Policy;
3. upload, post, transmit or otherwise make available any Content featuring an unsupervised minor or use the Services to harm minors in any way;
4. use the Services or upload Content to impersonate any person or entity, or otherwise misrepresent your affiliation with a person or entity;
5. forge headers or otherwise manipulate identifiers in order to disguise the origin of any Content transmitted through the Services;
6. remove any proprietary notices from the Site;
7. cause, permit or authorize the modification, creation of derivative works, or translation of the Services without the express permission of FlexFin;
8. use the Services for the benefit of any third party or any manner not permitted by the licenses granted herein;
9. use the Services or upload Content in a manner that is fraudulent, unconscionable, false, misleading or deceptive;
10. open and/or operate multiple user accounts in connection with any conduct that violates either the letter or spirit of these Terms of Service;
11. access the FlexFin platform, open a user account, or otherwise access your user account using an emulator, simulator, bot or other similar hardware or software;
12. manipulate the price of any item or interfere with other User’s listings;
13. take any action that may undermine the feedback or ratings systems;
14. attempt to decompile, reverse engineer, disassemble or hack the Services (or any portion thereof), or to defeat or overcome any encryption technology or security measures implemented by FlexFin with respect to the Services and/or data transmitted, processed or stored by FlexFin;
15. harvest or collect any information about or regarding other Account holders, including, without limitation, any personal data or information;
16. upload, email, post, transmit or otherwise make available any Content that you do not have a right to make available under any law or under contractual or fiduciary relationships (such as inside information, proprietary and confidential information learned or disclosed as part of employment relationships or under nondisclosure agreements);
17. upload, email, post, transmit or otherwise make available any Content that infringes any patent, trademark, trade secret, copyright or other proprietary rights of any party;
18. upload, email, post, transmit or otherwise make available any unsolicited or unauthorised advertising, promotional materials, “junk mail”, “spam”, “chain letters”, “pyramid schemes”, or any other unauthorised form of solicitation;
19. upload, email, post, transmit or otherwise make available any material that contains software viruses, worms, Trojan-horses or any other computer code, routines, files or programs designed to directly or indirectly interfere with, manipulate, interrupt, destroy or limit the functionality or integrity of any computer software or hardware or data or telecommunications equipment;
20. disrupt the normal flow of dialogue, cause a screen to “scroll” faster than other Users of the Services are able to type, or otherwise act in a manner that negatively affects other Users’ ability to engage in real time exchanges;
21. interfere with, manipulate or disrupt the Services or servers or networks connected to the Services or any other User’s use and enjoyment of the Services, or disobey any requirements, procedures, policies or regulations of networks connected to the Site;
22. take any action or engage in any conduct that could directly or indirectly damage, disable, overburden, or impair the Services or the servers or networks connected to the Services;
23. use the Services to intentionally or unintentionally violate any applicable local, state, national or international law, rule, code, directive, guideline, policy or regulation including, without limitation, laws and requirements (whether or not having the force of law) relating to anti-money laundering or counter-terrorism;
24. use the Services in violation of or to circumvent any sanctions or embargo administered or enforced by the U.S. Department of Treasury’s Office of Foreign Assets Control, the United Nations Security Council, the European Union or Her Majesty’s Treasury;
25. use the Services to violate the privacy of others or to “stalk” or otherwise harass another;
26. infringe the rights of FlexFin, including any intellectual property rights and any passing off of the same thereof;
27. use the Services to collect or store personal data about other Users in connection with the prohibited conduct and activities set forth above;
28. list items which infringe upon the copyright, trademark or other intellectual property rights of third parties or use the Services in a manner which will infringe the intellectual property rights of others; and/or
29. direct or encourage another user to conduct a transaction other than on the Site
You understand that all Content, whether publicly posted or privately transmitted, is the sole responsibility of the person from whom such Content originated. This means that you, and not FlexFin, are entirely responsible for all Content that you upload, post, email, transmit or otherwise make available through the Site. You understand that by using the Site, you may be exposed to Content that you may consider to be offensive, indecent or objectionable. To the maximum extent permitted by applicable law, under no circumstances will FlexFin be liable in any way for any Content, including, but not limited to, any errors or omissions in any Content, or any loss or damage of any kind incurred as a result of the use of, or reliance on, any Content posted, emailed, transmitted or otherwise made available on the Site.
You acknowledge that FlexFin and its designees shall have the right (but not the obligation) in their sole discretion to pre-screen, refuse, delete, stop, suspend, remove or move any Content, including without limitation any Content or information posted by you, that is available on the Site without any liability to you. Without limiting the foregoing, FlexFin and its designees shall have the right to remove any Content (i) that violates these Terms of Service or our Prohibited and Restricted Items Policy; (ii) if we receive a complaint from another User; (iii) if we receive a notice or allegation of intellectual property infringement or other legal instruction or request for removal; or (iv) if such Content is otherwise objectionable. We may also block delivery of a communication (including, without limitation, status updates, postings, messages and/or chats) to or from the Services as part of our effort to protect the Services or our Users, or otherwise enforce the provisions of these Terms and Conditions. You agree that you must evaluate, and bear all risks associated with, the use of any Content, including, without limitation, any reliance on the accuracy, completeness, or usefulness of such Content. In this regard, you acknowledge that you have not and, to the maximum extent permitted by applicable law, may not rely on any Content created by FlexFin or submitted to FlexFin, including, without limitation, information in FlexFin Forums and in all other parts of the Site.
You acknowledge, consent to and agree that FlexFin may access, preserve and disclose your Account information, Content, and any other materials or information you provide to us to any legal, regulatory, or governmental authority, the relevant rights owner, or other third parties if required to do so by law pursuant to an order of a court or lawful request by any governmental or regulatory authority having jurisdiction over FlexFin or in a good faith belief that such access preservation or disclosure is reasonably necessary to: (a) comply with legal process; (b) enforce these Terms of Service or our Prohibited and Restricted Items Policy; (c) respond to claims that any Content violates the rights of third parties, including intellectual property rights; (d) respond to your requests for customer service; or (e) protect the rights, property or personal safety of FlexFin, its Users and/or the public.

7. VIOLATION OF OUR TERMS OF SERVICE

Violations of this policy may result in a range of actions, including, without limitation, any or all of the following:
- Listing deletion
- Limits placed on Account privileges
- Account suspension and subsequent termination
- Criminal charges
- Civil actions, including without limitation a claim for damages and/or interim or injunctive relief
If you believe a User on our Site is violating these Terms of Service, please contact [email protected].

8. REPORTING INTELLECTUAL PROPERTY RIGHTS INFRINGEMENT

As stated above, FlexFin does not allow listings that violate the intellectual property rights of brands or other intellectual property rights owners (“IPR Owner”).
Except where expressly stated otherwise, the Users are independent individuals or businesses and they are not associated with FlexFin in any way and FlexFin is neither the agent nor representative of the Users and does not hold and/or own any of the merchandises listed on the Site.
If you are an IPR Owner or an agent duly authorised by an IPR Owner (“IPR Agent”) and you believe that your right or your principal’s right has been infringed, please submit a complaint via FlexFin’s Brand IP Portal and provide us the documents to support your claim. Do allow us time to process the information provided. FlexFin will respond to your complaint as soon as practicable.
Complaints under this Section 8 must be provided in the form prescribed by FlexFin, which may be updated from time to time, and must include at least the following: (a) a physical or electronic signature of an IPR Owner or IPR Agent (collectively, “Informant”); (b) a description of the type and nature of intellectual property right that is allegedly infringed and proof of rights; (c) a description of the nature of alleged infringement with sufficient details to enable FlexFin to assess the complaint (d) URL(s) of the listing(s) which contain the alleged infringement; (e) sufficient information to allow FlexFin to contact the Informant, such as Informant’s physical address, telephone number and e-mail address; (f) a statement by Informant that the complaint is filed on good faith belief and that the use of the intellectual property as identified by the Informant is not authorised by the IPR Owner or the law; (g) a statement by the Informant that the information in the notification is accurate, that the Informant will indemnify us for any damages we may suffer as a result of the information provided by the Informant and that the Informant has the appropriate right or is authorised to act on the IPR Owner’s behalf in all matters relating to the complaint.
FlexFin acknowledges that a brand or manufacturer may, subject to applicable law, have the right to enter into certain exclusive distribution agreements or minimum advertised price agreements for its products with other third parties. However, violations of such agreements do not constitute intellectual property rights infringement. As the enforcement of these agreements is a matter between the brand or manufacturer and the respective third parties with whom it contracts, FlexFin generally does not assist in the enforcement of such exclusive distribution rights or price-control matters except where required by law.
Without limitation to the indemnity at Section 32, each and every Seller agrees to indemnify and hold FlexFin harmless from any and all claims, causes of action, damages and judgments arising out of or relating to (a) any intellectual property infringement claim, complaint, or violation relating to any Content or product listings, and/or (b) any removal of such Content or product listings pursuant to or in relation to any intellectual property infringement claim, complaint, or violation.

9. PURCHASE AND PAYMENT

FlexFin supports one or more of the following payment methods in each country it operates in:
1. Credit Card
  Card payments are processed through third-party payment channels and the type of credit cards accepted by these payment channels may vary depending on the jurisdiction you are in.
2. Cash on Delivery (“COD”)
  FlexFin provides COD services in selected countries. Buyers may pay cash directly to the delivery agent upon their receipt of the purchased item.
3. Bank Transfer
  Buyer may make payments through an Automated Teller Machine or internet bank transfer (“Bank Transfer”) to our designated FlexFin Guarantee Account (as defined in Section 12). Buyer must provide FlexFin with the transfer receipt or payment transaction reference for verification purposes through the ‘Upload Receipt’ function found in FlexFin’s app as payment confirmation. If payment confirmation is not received by FlexFin within three (3) days, Buyer’s order will be cancelled.
4. Instalment Purchase Plan
  Buyer may pay via instalment for orders exceeding RM 500. Payment via instalments are processed through third-party channels. The banks that currently support instalment plans are Malayan Banking Berhad and Public Bank Berhad.
5. Deferred Payments using SPayLater services (if applicable)
  Buyer may make deferred payments for eligible orders using the SPayLater services offered by SeaMoney Capital Malaysia Sdn. Bhd. (“SeaMoney”). In order to offer the SPayLater services, SeaMoney will enter into a receivable purchase arrangement with the eligible seller so that the seller will sell the receivable from the buyer to SeaMoney in exchange for payment from SeaMoney.
Buyer may only change their preferred mode of payment for their purchase prior to making payment.
FlexFin takes no responsibility and assumes no liability for any loss or damages to Buyer arising from shipping information and/or payment information entered by Buyer or wrong remittance by Buyer in connection with the payment for the items purchased. We reserve the right to check whether Buyer is duly authorised to use certain payment method, and may suspend the transaction until such authorisation is confirmed or cancel the relevant transaction where such confirmation is not available.

10. SELLER BALANCE

Your Account allows the storage of money you receive from your sales proceeds made on the Platform (“Seller Balance”). The sum of this money, minus any withdrawals, will be reflected as your Seller Balance’s balance. For the avoidance of doubt, your Seller Balance’s balance may become negative in certain situations, and no further withdrawals may be made until such balance becomes positive (including from the receipt of future sales proceeds).
You may transfer funds from your Seller Balance (up to the amount of your Seller Balance balance) to your linked bank account (“Linked Account”) by submitting a transfer request (“Withdrawal Request”) a maximum of once per day. FlexFin may also automatically transfer funds from your Seller Balance to your Linked Account on a regular basis, as determined by FlexFin. FlexFin shall only process such transfers on business days and such transfers may take up to two business days to be credited to your Linked Account.
Sellers are entitled to one (1) free Withdrawal Request per week (“Weekly Withdrawal Limit”). FlexFin may impose a fee of RM0.12 for each additional Withdrawal Request made in excess of the Weekly Withdrawal Limit (“Withdrawal Fee”). The Withdrawal Fee is subjected to Sales and Service Tax (“SST”). The Weekly Withdrawal Limit and the Withdrawal Fee are subject to change at FlexFin’s discretion.
Money from your sale of items on FlexFin shall be credited to your Seller Balance within three (3) days after the item is delivered to Buyer or immediately after Buyer has acknowledged that they have received the item.
Once submitted, you may not modify or cancel a Withdrawal Request.
If there is an error in the processing of any transaction, you authorize us to initiate debit or credit entries to your designated bank account, to correct such error, provided that any such correction is made in accordance with applicable laws and regulations. If we are unable to debit your designated bank account for any reason, you authorize us to resubmit the debit, plus any applicable fees, to any other bank account or payment instrument that you have on file with us or to deduct the debit and applicable fees from your Seller Balance in the future. If we are unable to credit your Alternative Account, for any reason, we reserve our right to handle or process such money in accordance with the applicable law, including lodging such money with the Registrar of Unclaimed Moneys (Jabatan Akauntan Negara Malaysia) (“Registrar”) in accordance with the requirements under the Malaysia Unclaimed Moneys Act. In such instance, you may recover your unclaimed money directly from the Registrar less any fees or charges that may be imposed, with no further recourse to us.
You authorize us to initiate debit or credit entries to your Seller Balance (including where this would result in your Seller Balance’s balance remaining or becoming negative):
1. to correct any errors in the processing of any transaction;
2. in connection with you wrongly categorising products which impact the FlexFin Commission Fee (defined below);
3. where FlexFin has determined that you have engaged in fraudulent or suspicious activity and/or transactions;
4. in connection with any lost, damaged or incorrect items;
5. in connection with any rewards or rebates;
6. in connection with any uncharged fees;
7. in connection with the settlement of any transaction dispute, including any compensation due to, or from, you;
8. in connection with any banned items or items that are detained by customs;
9. in connection with any change of mind agreed to by both Buyer and Seller;
10. in connection with the settlement of any outstanding amount (or other obligation) owed to FlexFin or any of its Affiliates, subject to applicable laws;
11. to purchase Advertising Credits where you have activated the Advertising Credits Top Up Feature and your Advertising Credits have fallen below your Advertising Credits Minimum Amount; and
12. in connection with any return and/or refund requests which are approved in accordance with our Refunds and Returns Policy.
We have the right to limit, freeze or suspend your Seller Balance for any reason, including where you fail to repay outstanding amounts due to us by the due date.
If your Account has been terminated, deactivated or suspended in accordance with these Terms of Service, or your Account remains inactive (for such duration as FlexFin may prescribe from time to time), we shall be entitled to charge a fee for the administration of any remaining Seller Balance in your Account. The amount and frequency of such fee shall be prescribed by FlexFin from time to time.

11. FLEXFINPAY

Where you have both an Account with FlexFin and an account with FlexFinPay Malaysia Sdn. Bhd. (“FlexFinPay”), you authorise FlexFin to disclose such information to FlexFinPay as is necessary for FlexFinPay to provide the Services (as defined in the FlexFinPay Terms of Service) to you, including but not limited to any payment details associated with your Account.

12. FLEXFIN GUARANTEE

FlexFin Guarantee is a service provided by FlexFin or its authorised agent to protect purchases. To protect against the risk of liability, payment for purchases made to Seller using the Services will be held by FlexFin or its authorised agent (“FlexFin Guarantee Account”). Seller will not receive interest or other earnings from the sum you have paid into FlexFin Guarantee Account.
After Buyer makes payment for his/her order (“Buyer’s Purchase Monies”), Buyer’s Purchase Monies will be held in FlexFin Guarantee Account until:
1. Buyer sends confirmation to FlexFin that Buyer has received his/her goods, in which case, unless 12.2(d) applies, FlexFin will release Buyer’s Purchase Monies (less the Seller’s proportion of the Shipping fee (if applicable), the Transaction Fee, FlexFin Commission Fee and Tax Amount (defined below), and (if applicable) the Cross Border Fee (defined below)) in FlexFin Guarantee Account to Seller;
2. FlexFin Guarantee Period (as defined below) (or any approved extension under 12.3) expires, in which case, unless 12.2(c) or 12.2(d) applies, FlexFin will release Buyer’s Purchase Monies (less the Seller’s proportion of the Shipping Fee (if applicable), the Transaction Fee, FlexFin Commission Fee and Tax Amount (defined below), and (if applicable) the Cross Border Fee (defined below)) in FlexFin Guarantee Account to Seller;
3. FlexFin determines that Buyer’s application for a return of goods and/or refund is successful, in which case, unless 12.2(d) applies, FlexFin will provide a refund to Buyer, subject to and in accordance with the Refunds and Return Policy;
4. such other time as FlexFin reasonably determines that a distribution of Buyer’s Purchase Monies (less the Seller’s proportion of the Shipping Fee (if applicable), the Transaction Fee, FlexFin Commission Fee and Tax Amount (defined below), and (if applicable) the Cross Border Fee (defined below)) is appropriate, including, without limitation, where it deems reasonably necessary to comply with applicable law or a court order or to enforce these Terms of Service.
Payments made through FlexFin channels will be held in the FlexFin Guarantee Account for a specified period of time (the “FlexFin Guarantee Period”). To find out more about the FlexFin Guarantee Period, please click this link. Buyer may apply for a one-time extension of FlexFin Guarantee Period prior to the expiry of the applicable FlexFin Guarantee Period, subject to and in accordance with the Refunds and Return Policy. Upon Buyer’s application, FlexFin Guarantee Period may be extended for a maximum period of three (3) days unless FlexFin in its sole discretion determines that a longer extension is appropriate or required.
If, for any reason, the Seller’s bank account cannot be credited and/or the Seller cannot be contacted, FlexFin will use reasonable endeavours to contact the Seller using the contact details provided by him/her. In the event that the Seller cannot be contacted for more than twelve (12) months after the balance of the Buyer’s Purchase Monies becomes due to the Seller and such money remains unclaimed, we reserve our right to handle or process such money in accordance with the applicable law, including lodging such money with the Registrar in accordance with the requirements under the Malaysia Unclaimed Moneys Act. In such instance, you may recover your unclaimed money directly from the Registrar less any fees or charges that may be imposed, with no further recourse to us.
Seller/Buyer must be the beneficial owner of the Account and conduct transaction on the Site only on behalf of him or herself. FlexFin may require Seller or Buyer to provide his or her personal data such as recent identity photograph, bank account details and/or any other such documentation necessary, for verification purposes, including verification required by third party payment processing and logistic service providers. Seller/Buyer hereby grants FlexFin his/her consent to use or provide to third party his/her personal data to facilitate his/her use of the Site. Further, Seller/Buyer authorises FlexFin to use his/her personal data to make any inquires we consider necessary to validate his/her identity with the appropriate entity such as his/her bank. For more information in relation to how FlexFin handles your personal information, please visit our Privacy Policy page.
The FlexFin Guarantee is in addition and without limitation to Buyer’s and Seller’s obligations under applicable law, which may go above and beyond what is provided for by the FlexFin Guarantee. The FlexFin Guarantee is neither intended nor designed to assist Buyer or Seller in complying with its own legal obligations, for which each party will remain solely responsible, and FlexFin accepts no liability in connection with the same. Without limitation, the FlexFin Guarantee does not constitute a product warranty.
Buyer and Seller acknowledge and agree that FlexFin’s decision (including any appeals) in respect of and relating to any issues concerning the FlexFin Guarantee is final.
For the avoidance of doubt, any transactions not conducted on the Site will not qualify for the protection offered by FlexFin Guarantee.

13. FLEXFIN COINS REWARD SYSTEM

Users may earn loyalty points (“FlexFin Coins”) by buying merchandises on the Site using the FlexFin Guarantee system or through participation in other FlexFin activities as FlexFin may from time to time determine (“Eligible Activities”) based on the conversion rate determined by FlexFin in its sole discretion. Generally, FlexFin Coins will be credited to a User’s Account upon the completion of a successful transaction or activity approved by FlexFin. You are eligible to participate in the FlexFin Coins reward system if you are a User and your Account does not expressly exclude you from participation.
Transaction not completed on the Site using FlexFin Guarantee do not qualify for the FlexFin Coins reward system. FlexFin may at its sole discretion exclude categories of items from the FlexFin Coins reward system.
FlexFin Coins credited to Buyers have no monetary value, do not constitute Buyer’s property and cannot be purchased, sold, transferred or redeemed for cash by Buyer.
Subject to FlexFin rules and regulation as determined, varied or modified by FlexFin from time to time, subject to any cap imposed by FlexFin at its sole discretion, User may redeem FlexFin Coins by sending a request to FlexFin and use FlexFin Coins to offset the purchase price of selected items when making purchases on the Site as advised by FlexFin from time to time. All refunds will be subject to FlexFin’s Refunds and Return Policy under Section 17.
The FlexFin Coins you redeem or donate will be deducted from your FlexFin Coins balance. Each FlexFin Coins comes with an expiry date. Do check your account details on the Site for FlexFin Coins balances and expiry date.
From time to time, we may tell you that bonus FlexFin Coins will be awarded for particular Eligible Activities. This may include but is not limited to purchases you make at participating Sellers or pursuant to specific promotional offers. We will notify you of the terms of such bonus awards if any from time to time.
If you have a dispute in relation to the number of FlexFin Coins which you have been awarded in respect of an Eligible Activity, such a dispute must be made within one (1) month from the date of the Eligible Activity. We may require you to provide evidence to support your claim.
FlexFin gives no warranty and accepts no responsibility as to the ultimate tax treatment of FlexFin Coins. You will need to check with your tax advisor whether receiving FlexFin Coins affects your tax situation.
FlexFin reserves the right to (i) discontinue the FlexFin Coins Reward System at any time at its sole discretion and (ii) cancel or suspend a User’s right to participate in FlexFin Coins Reward System, including the ability to earn and redeem FlexFin Coins at its sole discretion.

14. FLEXFIN COINS MARKETING SERVICES

Sellers may purchase FlexFin Coins for gratuitous distribution to Buyers for marketing purposes under the “Marketing Centre” section of the Seller Centre (“Marketing Centre”). If you are a Seller that purchases FlexFin Coins, you will be deemed to have consented to the terms and conditions described in this section, and any explanatory materials published on this Site, the Seller Centre or otherwise communicated to Sellers in writing (“Seller Coins Rules”).
In order to purchase FlexFin Coins, you must be an eligible Seller under the Seller Coins Rules. At the time you purchase and pay for the FlexFin Coins, your Account must not be suspended.
You may purchase FlexFin Coins via the payment methods set out in the Marketing Centre. After payment is completed, the FlexFin Coins will be issued to your Account for giveaway to Buyers within 24 hours, and shall expire six (6) months after purchase or such other time as determined by FlexFin. Except as otherwise provided in the applicable Seller Coins Rules, you may not cancel the order and/or request for a refund after you have purchased FlexFin Coins and completed the payment process.
FlexFin Coins purchased by Sellers may only be given away, free-of-charge, to Buyers via promotional channels made available in the Marketing Centre. You may not sell, redeem, or otherwise deal in, FlexFin Coins under any circumstances. You agree that failure to comply with this section or any of the Seller Coins Rules may, without limitation, result in the forfeiture of FlexFin Coins purchased by you, in addition to any other actions or remedies that FlexFin may take or enforce.
You understand and agree that FlexFin does not warrant or guarantee any increase in viewership or sales of your items as a result of the purchase and gratuitous distribution of FlexFin Coins.
You are advised to only purchase FlexFin Coins after fully considering your budget and intended advertising objectives. Except as otherwise provided in these Terms of Service or the Seller Coins Advertising Rules, FlexFin shall not be liable for any compensation or be subject to any liability (including but not limited to actual expenses and lost profits) for the results or intended results of purchasing FlexFin Coins.
IF, NOTWITHSTANDING ANYTHING IN THESE TERMS OF SERVICE, FLEXFIN IS FOUND BY A COURT OF COMPETENT JURISDICTION TO BE LIABLE (INCLUDING FOR GROSS NEGLIGENCE) IN RELATION TO THE PURCHASE BY YOU OF FLEXFIN COINS, THEN, TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, ITS LIABILITY TO YOU OR TO ANY THIRD PARTY IS LIMITED TO THE AMOUNT PAID BY YOU FOR THE FLEXFIN COINS IN QUESTION ONLY.

15. FLEXFIN COINS CASHBACK VOUCHER

(One) 1 Users may receive a voucher entitling them to additional FlexFin Coins (the “FlexFin Coins Cashback Voucher”) on eligible purchases on the Site. Upon the completion of a successful transaction where the FlexFin Coins Cashback Voucher has been applied, additional FlexFin Coins will be credited to a User’s Account based on the conversion rate as indicated in the terms and conditions of such FlexFin Coins Cashback Voucher (“Additional FlexFin Coins Rate”) or as determined by FlexFin in its sole discretion. FlexFin Coins credited to a User following the redemption of a FlexFin Coins Cashback Voucher shall have the same terms and conditions (including in relation to expiry) as regular FlexFin Coins.
FlexFin may allow Sellers to generate their own FlexFin Coins Cashback Vouchers (each a “Seller Coins Cashback Voucher”), which Buyers may apply to eligible purchases from the Seller’s store. If you are a Seller that generates a Seller Coins Cashback Voucher, you will be deemed to have consented to the terms and conditions described in this section.
When generating a Seller Coins Cashback Voucher, the Additional FlexFin Coins Rate will be determined by Seller at the Seller’s own discretion. Seller shall be solely responsible for the accuracy of the Additional FlexFin Coins Rate.
For each completed transaction where a Buyer successfully applies a Seller Coins Cashback Voucher, the Seller shall pay FlexFin the value of the additional FlexFin Coins credited to the Buyer (“Coins Cashback Price”). The Coins Cashback Price is calculated in Malaysian Ringgit as the number of additional FlexFin Coins to be credited to the Buyer’s Account divided by 100, rounded up to the nearest cent.

16. DELIVERY

If Seller informs FlexFin that it will deliver the relevant purchased item(s), Seller shall arrange for the delivery of the purchased item(s) according to the information provided by Buyer. FlexFin will inform Seller when FlexFin receives Buyer’s Purchase Monies in order to arrange for the delivery of such purchased item(s). Unless otherwise agreed with FlexFin, Seller should then make the necessary arrangements to have the purchased item delivered to Buyer and provide details such as the name of the delivery company, the tracking number, etc. to Buyer through the Site.
Seller must use his/her best effort to ensure that Buyer receives the purchased item(s) within, whichever applicable, the FlexFin Guarantee Period or the time period specified (for offline payment) by Seller on Seller’s listing, and Seller shall be responsible for the delivery fee for any purchased items(s) (which Seller may charge from Buyer) and bears all risk attached to the delivery of the purchased item(s).
Users understand that Seller bears all risk attached to the delivery of the purchased item(s) and warrants that he/she has or will obtain adequate insurance coverage for the delivery of the purchased item(s). In the event where the purchased item(s) is damaged, lost or failure of delivery during the course of delivery, Users acknowledge and agree that FlexFin will not be liable for any damage, expense, cost or fees resulted therefrom and Seller and/or Buyer will reach out to the logistic service provider to resolve such dispute.
For Cross-Border Transaction. Users understand and acknowledge that, where an item listing states that the item will ship from overseas, such item is being sold from a Seller based outside of Malaysia, and the importation and exportation of such item is subject to local laws and regulations. Users should familiarise themselves with all import and export restrictions that apply to the designating country. Users acknowledge that FlexFin cannot provide any legal advice in this regard and agree that FlexFin shall not bear any risks or liabilities associated with the import and export of such items to Malaysia.
FlexFin also operates an online platform whereby Buyers may, amongst other things, contract with third party delivery partners (“Delivery Partners”) for the provision of delivery services of food and/or beverages in accordance with the FlexFinFood Terms of Service. Such engagement of Delivery Partners shall be (i) subject to a separate contract between the Buyer and the relevant Delivery Partner (and FlexFin shall not incur any liability in connection thereto); (ii) at the cost and expense of the relevant Buyer; and (iii) in accordance with the FlexFinFood Terms of Service, Delivery Partners Terms of Service, and such other requirements (including requirements as to items which may not be delivered by Delivery Partners) as may be notified by FlexFin from time to time.
Seller acknowledges and agrees that if the Buyer elects to engage a Delivery Partner to deliver a purchased item, the Seller shall make such purchased item available for pick-up by the Delivery Partner within such timelines and in accordance with such procedures as may be notified by FlexFin from time to time. In the event of Seller’s non-compliance with the foregoing, FlexFin may take such action or steps as it deems necessary at its sole discretion, including but not limited to, charging additional delivery fee to Seller, cancellation of the relevant order, issuance of warnings and/or suspension and/or termination of the Seller’s Account.
Where the Buyer elects to have a purchased item delivered by any other shipping method, the fee payable to the delivery company (“Shipping Fee”) shall be borne by the Buyer, Seller and FlexFin in such proportions as may be determined by FlexFin and published on the Site from time to time. FlexFin shall (i) collect the Buyer’s proportion of the Shipping Fee from the Buyer, (ii) deduct the Seller’s proportion of the Shipping Fee from the Buyer’s Purchase Monies in accordance with Section 12.2, and (iii) pay the total Shipping Fee to the delivery company.

17. CANCELLATION, RETURN AND REFUND

Buyer may only cancel his/her order prior to the payment of Buyer’s Purchase Monies into FlexFin Guarantee Account.
Buyer may apply for the return of the purchased item and refund prior to the expiry of FlexFin Guarantee Period, if applicable, subject to and in accordance with FlexFin’s Refunds and Return Policy. Please refer to FlexFin’s Refunds and Return Policy for further information.
FlexFin reserves the right to cancel any transaction on the Site and Buyer agrees that Buyer’s sole remedy will be to receive a refund of the Buyer’s Purchase Monies paid into FlexFin Guarantee Account.
If you have redeemed FlexFin Coins for your transaction and you are successful in obtaining a refund based on FlexFin’s Refunds and Return Policy, FlexFin shall refund the monies you have actually paid for the item and credit back any redeemed FlexFin Coins to your Account separately.
FlexFin does not monitor the cancellation, return and refund process for offline payment.

18. SELLER’S RESPONSIBILITIES

Seller shall properly manage and ensure that relevant information such as the price and the details of items, inventory amount and terms and conditions for sales is updated on Seller’s listing and shall not post inaccurate or misleading information.
Seller shall also ensure that the Seller properly and correctly categorises each product that the Seller intends to list on the Site by following this guide found at the Seller Education Hub. Seller acknowledges and agrees that the guide may be updated from time to time by FlexFin and the Seller agrees to follow any updated guide thereafter. Seller agrees that in the event a product is wrongly categorised, FlexFin may take such actions as may be necessary as provided in this article in the Seller Education Hub. The article may be updated by FlexFin from time to time. In the event of any dispute over the categorisation of products, the Seller agrees that FlexFin has the final decision over the dispute.
The price of items for sale will be determined by the Seller at his/her own discretion. The price of an item and shipping charges shall include the entire amount to be charged to Buyer such as sales tax, value-added tax, tariffs, etc. and Seller shall not charge Buyer such amount additionally and separately.
Seller agrees that FlexFin may at its discretion engage in promotional activities to induce transactions between Buyer and Seller by reducing, discounting or refunding fees, or in other ways. The final price that Buyer will pay actually will be the price that such adjustment is applied to.
For the purpose of promoting the sales of the items listed by Seller, FlexFin may post such items (at adjusted price) on third-party websites (such as portal sites and price comparison sites) and other websites (domestic or foreign) operated by FlexFin.
Seller shall issue receipts, credit card slips or tax invoices to Buyer on request.
Seller acknowledges and agrees that Seller will be responsible for paying all taxes, customs and duties for the item sold and FlexFin cannot provide any legal or tax advice in this regard. As tax laws and regulations may change from time to time, Sellers are advised to seek professional advice if in doubt.
Seller acknowledges and agrees that Seller’s violation of any of FlexFin’s policies will result in a range of actions as stated in Section 7.1.

19. PAID ADVERTISING

FlexFin offers search advertising (“Search Ads”) and other advertising services, including participation in flash deals (“Flash Deal Advertising”), display ads (“Display Ads”), discovery ads (“Discovery Ads”) and boost ads (“Boost Ads”) (hereinafter referred to as “Paid Advertising”) on its Paid Advertising Site and other site/s on an ongoing basis. Sellers may purchase the Paid Advertising services. FlexFin provides the Paid Advertising services in accordance with these Terms of Service and any explanatory materials published on this Site, the Paid Advertising Site or otherwise communicated to Sellers in writing (hereinafter referred to as the “Paid Advertising Rules”). Sellers who purchase Paid Advertising services agree to be bound by the Paid Advertising Rules. If you are not agreeable to being bound by the Paid Advertising Rules, do not buy any Paid Advertising Services.
In order to purchase Paid Advertising services, you must be an eligible Seller under the Paid Advertising Rules. At the time when you purchase and pay for the Paid Advertising Services, your Account must not be suspended.
You may order Display Ads and Flash Deal Advertising services through the Seller Centre by setting your preferred advertising dates and budget. FlexFin shall use commercially reasonable efforts to fulfill your Display Ads order, but does not guarantee that the (i) dates requested by the Seller, and/or (ii) the number of impressions associated with the budget set by the Seller, will be fulfilled. For the avoidance of doubt, FlexFin reserves the right to reject any Display Ads order (whether partially or in full) at its sole and absolute discretion, and with or without notification to the Seller. In addition, FlexFin reserves the right to charge a fee in the event the Seller requests to edit or cancel its Display Ads order. After the Display Ads services have been delivered, FlexFin shall invoice the Seller based on the number of actual impressions received, and Seller shall pay such invoice in accordance with the terms set out in the invoice. The billing information that the Seller provides will be used for invoice and tax invoice generation for Display Ads. The Seller is responsible for ensuring that the billing information is correct prior to submitting a Display Ads order. Any error in the billing information submitted which may result in wrong information in the invoice and tax invoice are the Seller’s responsibility. FlexFin has the right to reject invoice revision requests due to wrong information being submitted by the Seller.
You may purchase Search Ads, Boost Ads and Discovery Ads services by purchasing advertising credits on the Paid Advertising Site or other site/s (“Advertising Credits”), and fees payable for the Search Ads and Discovery Ads services will be deducted from the Advertising Credits by FlexFin. All Advertising Credits will be subject to sales and service tax and expire after (6) months of purchase, or such other time as determined by FlexFin. Except as otherwise provided in the applicable Paid Advertising Rules, you may not cancel the order and/or request for a refund after you have purchased Advertising Credits and completed the payment process. FlexFin will provide an electronic invoice for Paid Advertising services purchased on a monthly basis and Sellers are to ensure that a correct and working e-mail address is provided for receiving such invoices. The invoice will contain the name and address provided by you, the amount of Advertising Credits purchased and the remaining balance of your Advertising Credits as at the date of the invoice.
You may also choose to have your Advertising Credits automatically topped up via your Seller Balance or such other payment methods authorised by FlexFin (“Advertising Credits Top Up Feature”) if your Advertising Credits balance falls below an amount set by you (“Advertising Credits Minimum Amount”). When activating the Advertising Credits Top Up Feature, you may choose the Advertising Credits Minimum Amount and the amount of top up, and you consent to the debit of your Seller Balance in accordance with Section 10 of these Terms of Service.
You have the option to purchase Search Ads, Discovery Ads and Boost Ads services at the time you list an item for sale or subsequently. When you purchase the Search Ads, you can set different budgets, keywords, marketing periods, etc. for each item in accordance with the Paid Advertising Rules. The Search Ads service for each item will be activated and will expire on the respective dates set by you (the “Paid Advertising Period”) Advertising Credits will not be refunded.
You have the option to purchase Flash Deal Advertising services during the periods nominated by FlexFin. When you purchase Flash Deal Advertising services, you may nominate items to be included in a flash sale and FlexFin may include such items in a flash sale at its sole and absolute discretion.
The goods you list on the Site must comply with all relevant laws and regulations, the Paid Advertising Rules, these Terms of Service and the Prohibited and Restricted Items Policy. You understand and agree that FlexFin has the right to immediately remove any listing which violates any of the foregoing and any Paid Advertising fees that you have paid or Advertising Credits you have used in relation to any listing removed pursuant to this Section 19 will not be refunded. FlexFin will also not be liable to compensate you for any loss whatsoever in relation to listings removed pursuant to this Section 19.
You understand and agree that FlexFin does not warrant or guarantee any increase in viewership or sales of your items as a result of the Paid Advertising services.
You are advised to only purchase Paid Advertising services after fully considering your budget and intended advertising objectives. Except as otherwise provided in these Terms of Service or the Paid Advertising Rules, FlexFin shall not be liable for any compensation or be subject to any liability (including but not limited to actual expenses and lost profits) for the results or intended results of any Paid Advertising service.
IF, NOTWITHSTANDING ANYTHING IN THESE TERMS OF SERVICE, FLEXFIN IS FOUND BY A COURT OF COMPETENT JURISDICTION TO BE LIABLE (INCLUDING FOR GROSS NEGLIGENCE) IN RELATION TO ANY PAID ADVERTISING SERVICE, THEN, TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, ITS LIABILITY TO YOU OR TO ANY THIRD PARTY IS LIMITED TO THE AMOUNT PAID BY YOU FOR THE PAID ADVERTISING SERVICE IN QUESTION ONLY.
For Sellers located in Singapore, the tax invoices for the automatic top up of Paid Advertising can be retrieved from the Seller Centre.

20. PURCHASE AND SALE OF ALCOHOL

The purchase and sale of alcoholic products (“Alcohol”) on the Site is permitted by FlexFin subject to the terms and conditions of this Section 20. If you are a buyer of Alcohol (“Alcohol Buyer”), you will be deemed to have consented to the terms and conditions in this Section 20 when you purchase Alcohol on the Site. Similarly, if you are an approved seller of Alcohol (“Alcohol Seller”), you will be deemed to have consented to the terms and conditions in this Section 20 when you sell Alcohol on the Site.
If you are an Alcohol Buyer:
1. you represent and warrant that you and (if applicable) the person receiving the Alcohol (“Recipient”) are (a) aged 21 or above; (b) are not Muslim or otherwise prohibited from buying Alcohol under any law, regulation or religion; and (c) understand the following: “MEMINUM ARAK BOLEH MEMBAHAYAKAN KESIHATAN”; and
2. if requested by an Alcohol Seller or FlexFin (or its agents), you and/or the Recipient shall provide photo identification for age verification purposes.
If you are an Alcohol Seller, you represent and warrant that:
1. you are not Muslim or otherwise prohibited from selling Alcohol under any law, regulation or religion;
2. you hold all necessary licences and/or permits to sell Alcohol through the Site, and shall provide a copy of such licences and/or permits and supporting documents to FlexFin immediately upon request for verification purposes; and
3. all information and documents provided to FlexFin are true and accurate.
When delivering Alcohol to an Alcohol Buyer:
1. the delivery agent reserves the right to request for valid photo identification for age verification purposes; and
2. FlexFin (via the delivery agent) reserves the right to refuse the delivery of Alcohol if the Alcohol Buyer and/or the Recipient appears intoxicated or is unable to provide valid photo identification for age verification purposes.
Each Alcohol Buyer and Alcohol Seller severally agrees to indemnify, defend and hold harmless FlexFin, and its shareholders, subsidiaries, affiliates, directors, officers, agents, co-branders or other partners, and employees (collectively, the “Indemnified Parties”) from and against any and all claims, actions, proceedings, and suits and all related liabilities, damages, settlements, penalties, fines, costs and expenses (including, without limitation, any other dispute resolution expenses) incurred by any Indemnified Party arising out of or relating to: (a) any inaccuracy or breach of its representations in Section 20.2 and/or Section 20.3 (as applicable); and (b) its breach of any law or any rights of a third party.

21. TRANSACTION FEES & COMMISSION FEES

FlexFin charges a fee for all successful transactions completed on the Site, including any other programme fees that may be charged by FlexFin under any other programme (“Transaction Fee”). The Transaction Fee charged for a successful transaction completed on the Site is calculated at two percent (2%) of the Buyer’s Purchase Monies, before any FlexFin Sponsored Discounts are applied, rounded up to the nearest cent, in addition to any other programme fees (where applicable). The Transaction Fee is exclusive of sales and service tax. “FlexFin Sponsored Discounts” refers to FlexFin Item Rebates, FlexFin Vouchers (free shipping voucher is excluded), and FlexFin Coins. This list of FlexFin Sponsored Discounts is non-exhaustive and subject to change at our sole discretion.
For Sellers located outside of Malaysia, FlexFin charges a fee for all successful transactions completed on the Site (“Cross Border Fee”). The Cross Border Fee is borne by the Seller, and is calculated according to the rates as notified to such Sellers from time to time on the Site.
In addition to Transaction Fees, FlexFin also charges a fee for all successful transactions completed by Sellers on the Site (“FlexFin Commission Fee”). The FlexFin Commission Fee is borne by the Seller, and is calculated by percentage based on the gross settlement price of the product (“Commission Rate”). The Commission Rate varies depending on the category of the product sold and is provided in this article found at the Seller Education Hub. FlexFin may amend the Commission Rate from time to time by announcing the amendment in the Seller Education Hub.
The gross settlement price refers to the final product price after deducting seller vouchers and other seller promotions (e.g. seller free shipping, seller discounts, buyer-paid shipping fee). For the avoidance of doubt, the gross settlement price shall not be affected by FlexFin vouchers, FlexFin coins, FlexFin rebates. For more details, please refer to this article found at the Seller Education Hub.
The FlexFin Commission Fee provided in this Terms of Service does not apply to non-Mall Sellers. For Mall Sellers, the rates provided in the FlexFin Mall Terms of Service shall continue to apply to the Mall Sellers.
The Transaction Fee and the FlexFin Commission Fee is subject to SST (“Tax Amount”), and the Seller is responsible for such Tax Amount.
Following the successful completion of a transaction, FlexFin shall deduct the Transaction Fee, FlexFin Commission Fee and the Tax Amount, and the Cross Border Fee (as applicable) from the Buyer’s Purchase Monies, and remit the balance to the Seller in accordance with Section 12.2. FlexFin shall issue receipts or tax invoices for the Transaction Fee, FlexFin Commission Fee and Tax Amount paid by Seller on request.

22. OTHER PROGRAMMES AND SERVICES

You agree that if you are whitelisted by FlexFin to be eligible for any other programmes or services offered by FlexFin (including, but not limited to the SPayLater Services), you are deemed to have agreed to the terms of service governing such programmes or services, and your continued participation in such programmes or services shall constitute your acceptance of the terms of service therein. You may notify us if you do not wish to participate in such programmes or services.

23. DISPUTES

In the event a problem arises in a transaction, the Buyer and Seller agree to communicate with each other first to attempt to resolve such dispute by mutual discussions, which FlexFin shall use reasonable commercial efforts to facilitate. If the matter cannot be resolved by mutual discussions, Users may approach the claims tribunal of their local jurisdiction to resolve any dispute arising from a transaction.
Each Buyer and Seller covenants and agrees that it will not bring suit or otherwise assert any claim against FlexFin (except where FlexFin is the Seller of the product that the claim relates to) in relation to any transaction made on the Site or any dispute related to such transaction.
Users covered under FlexFin Guarantee may send a written request to FlexFin to assist them in resolving issues which may arise from a transaction upon request. FlexFin may, at its sole discretion and with absolutely no liability to Seller and Buyer, take all necessary steps to assist Users in resolving their dispute. For more information, please refer to FlexFin’s Refunds and Return Policy.
To be clear, the services provided under this Section 23 are only available to Buyers covered under FlexFin Guarantee. Buyer using other payment means for his/her purchase should contact Seller directly.

24. FEEDBACK

FlexFin welcomes information and feedback from our Users which will enable FlexFin to improve the quality of service provided. Please refer to our feedback procedure below for further information:
1. Feedback may be made in writing through email to or using the feedback form found on the App.
2. Anonymous feedback will not be accepted.
3. Users affected by the feedback should be fully informed of all facts and given the opportunity to put forward their case.
4. Vague and defamatory feedback will not be entertained.

25. DISCLAIMERS

The services are provided “as is” and without any warranties, claims or representations made by FlexFin of any kind either expressed, implied or statutory with respect to the services, including, without limitation, warranties of quality, performance, non-infringement, merchantability, or fitness for a particular purpose, nor are there any warranties created by course of dealing, course of performance or trade usage. without limiting the foregoing and to the maximum extent permitted by applicable law, FlexFin does not warrant that the services, this site or the functions contained therein will be available, accessible, uninterrupted, timely, secure, accurate, complete or error-free, that defects, if any, will be corrected, or that this site and/or the server that makes the same available are free of viruses, clocks, timers, counters, worms, software locks, drop dead devices, trojan-horses, routings, trap doors, time bombs or any other harmful codes, instructions, programs or components.
You acknowledge that the entire risk arising out of the use or performance of the site and/or the services remains with you to the maximum extent permitted by applicable law.
FlexFin has no control over and, to the maximum extent permitted by applicable law, does not guarantee or accept any responsibility for: (a) the fitness for purpose, existence, quality, safety or legality of items available via the services; or (b) the ability of sellers to sell items or of buyers to pay for items. if there is a dispute involving one or more users, such users agree to resolve such dispute between themselves directly and, to the maximum extent permitted by applicable law, release FlexFin from any and all claims, demands and damages arising out of or in connection with any such dispute.

26. EXCLUSIONS AND LIMITATIONS OF LIABILITY

FlexFin welcomes information and feedback from our Users which will enable FlexFin to improve the quality of service provided. Please refer to our feedback procedure below for further information:
1. (a) loss of use; (b) loss of profits; (c) loss of revenues; (d) loss of data; (e) loss of good will; or (f) failure to realise anticipated savings, in each case whether direct or indirect; or
2. any indirect, incidental, special or consequential damages, arising out of or in connection with the use or inability to use this site or the services, including, without limitation, any damages resulting therefrom, even if FlexFin has been advised of the possibility of such damages.
you acknowledge and agree that your only right with respect to any problems or dissatisfaction with the services is to request for termination of your account and/or discontinue any use of the services.
If, notwithstanding the previous sections, FlexFin is found by a court of competent jurisdiction to be liable (including for gross negligence), then, to the maximum extent permitted by applicable law, its liability to you or to any third party is limited to the lesser of: (a) any amounts due and payable to you pursuant to the FlexFin guarantee; and (b) rm 100 (one hundred ringgit).
Nothing in these terms of service shall limit or exclude any liability for death or personal injury caused by FlexFin’s negligence, for fraud or for any other liability on the part of FlexFin that cannot be lawfully limited and/or excluded.

27. LINKS TO THIRD PARTY SITES AND SHARING VIDEOS FROM YOUTUBE

Third party links provided throughout the Site will let you leave this Site. These links are provided as a courtesy only, and the sites they link to are not under the control of FlexFin in any manner whatsoever and you therefore access them at your own risk. FlexFin is in no manner responsible for the contents of any such linked site or any link contained within a linked site, including any changes or updates to such sites. FlexFin is providing these links merely as a convenience, and the inclusion of any link does not in any way imply or express affiliation, endorsement or sponsorship by FlexFin of any linked site and/or any of its content therein.
FlexFin allows you to share videos from YouTube on the FlexFin Livestream feature (“YouTube Content”). By sharing YouTube Content, you hereby agree to be bound by the YouTube Terms of Service (https://www.youtube.com/t/terms).

28. YOUR CONTRIBUTIONS TO THE SERVICES

By submitting Content for inclusion on the Services, you represent and warrant that you have all necessary rights and/or permissions to grant the licenses below to FlexFin. You further acknowledge and agree that you are solely responsible for anything you post or otherwise make available on or through the Services, including, without limitation, the accuracy, reliability, nature, rights clearance, compliance with law and legal restrictions associated with any Content contribution. You hereby grant FlexFin and its successors a perpetual, irrevocable, worldwide, non-exclusive, royalty-free, sub-licensable and transferable license to use, copy, distribute, republish, transmit, modify, adapt, create derivative works of, publicly display, and publicly perform such Content contribution on, through or in connection with the Services in any media formats and through any media channels, including, without limitation, for promoting and redistributing part of the Services (and its derivative works) without need of attribution and you agree to waive any moral rights (and any similar rights in any part of the world) in that respect. You understand that your contribution may be transmitted over various networks and changed to conform and adapt to technical requirements.
Any Content, material, information or idea you post on or through the Services, or otherwise transmit to FlexFin by any means (each, a “Submission”), is not considered confidential by FlexFin and may be disseminated or used by FlexFin without compensation or liability to you for any purpose whatsoever, including, but not limited to, developing, manufacturing and marketing products. By making a Submission to FlexFin, you acknowledge and agree that FlexFin and/or other third parties may independently develop software, applications, interfaces, products and modifications and enhancements of the same which are identical or similar in function, code or other characteristics to the ideas set out in your Submission. Accordingly, you hereby grant FlexFin and its successors a perpetual, irrevocable, worldwide, non-exclusive, royalty-free, sub-licensable and transferable license to develop the items identified above, and to use, copy, distribute, republish, transmit, modify, adapt, create derivative works of, publicly display, and publicly perform any Submission on, through or in connection with the Services in any media formats and through any media channels, including, without limitation, for promoting and redistributing part of the Services (and its derivative works). This provision does not apply to personal information that is subject to our privacy policy except to the extent that you make such personal information publicly available on or through the Services.

29. THIRD PARTY CONTRIBUTIONS TO THE SERVICES AND EXTERNAL LINKS

Each contributor to the Services of data, text, images, sounds, video, software and other Content is solely responsible for the accuracy, reliability, nature, rights clearance, compliance with law and legal restrictions associated with their Content contribution. As such, FlexFin is not responsible to, and shall not, regularly monitoror check for the accuracy, reliability, nature, rights clearance, compliance with law and legal restrictions associated with any contribution of Content. You will not hold FlexFin responsible for any User’s actions or inactions, including, without limitation, things they post or otherwise make available via the Services.
In addition, the Services may contain links to third party products, websites, services and offers. These third party links, products, websites and services are not owned or controlled by FlexFin. Rather, they are operated by, and are the property of, the respective third parties, and may be protected by applicable copyright or other intellectual property laws and treaties. FlexFin has not reviewed, and assumes no responsibility for the content, functionality, security, services, privacy policies, or other practices of these third parties. You are encouraged to read the terms and other policies published by such third parties on their websites or otherwise. By using the Services, you agree that FlexFin shall not be liable in any manner due to your use of, or inability to use, any website or widget. You further acknowledge and agree that FlexFin may disable your use of, or remove, any third party links, or applications on the Services to the extent they violate these Terms of Service.

30. YOUR REPRESENTATIONS AND WARRANTIES

You represent and warrant that:
1. you possess the legal capacity (and in the case of a minor, valid parent or legal guardian consent), right and ability to enter into these Terms of Service and to comply with its terms; and
2. you will use the Services for lawful purposes only and in accordance with these Terms of Service and all applicable laws, rules, codes, directives, guidelines, policies and regulations.

31. FRAUDULENT OR SUSPICIOUS ACTIVITY

If FlexFin, in its sole discretion, believes that you may have engaged in any potentially fraudulent or suspicious activity and/or transactions, we may take various actions to protect FlexFin, other Buyers or Sellers, other third parties or you from Reversals, Chargebacks, Claims, fees, fines, penalties and any other liability. The actions we may take include but are not limited to the following:
1. We may close, suspend, or limit your access to your Account or the Services, and/or suspend the processing of any transaction;
2. We may suspend your eligibility for FlexFin Guarantee;
3. We may hold, apply or transfer the funds in your Account as required by judgments and orders which affect you or your Account, including judgments and orders issued by a competent court or elsewhere and directed to FlexFin;
4. We may refuse to provide the Services to you now and in the future;
5. We may hold your funds for a period of time reasonably needed to protect against the risk of liability to FlexFin or a third party, or if we believe that you may be engaging in potentially fraudulent or suspicious activity and/or transactions.
  
  For the purposes of this Section:
  
  “Chargeback” means a request that a Buyer files directly with his or her debit or credit card company or debit or credit card issuing bank to invalidate a payment.
  
  “Claim” means a challenge to a payment that a Buyer or Seller files directly with FlexFin.
  
  “Reversal” means the reversal of a payment by FlexFin because (a) it is invalidated by the sender’s bank, (b) it was sent to you in error by FlexFin, (c) the sender of the payment did not have authorization to send the payment (for example: the sender used a stolen credit card), (d) you received the payment for activities that violated these Terms of Service or any other FlexFin policy, or (e) FlexFin decided a Claim against you.

32. INDEMNITY

You agree to indemnify, defend and hold harmless FlexFin, and its shareholders, subsidiaries, affiliates, directors, officers, agents, co-branders or other partners, and employees (collectively, the “Indemnified Parties”) from and against any and all claims, actions, proceedings, and suits and all related liabilities, damages, settlements, penalties, fines, costs and expenses (including, without limitation, any other dispute resolution expenses) incurred by any Indemnified Party arising out of or relating to: (a) any transaction made on the Site, or any dispute in relation to such transaction (except where FlexFin is the Seller in the transaction that the dispute relates to), (b) the FlexFin Guarantee, (c) the hosting, operation, management and/or administration of the Services by or on behalf of FlexFin, (d) your violation or breach of any term of these Terms of Service or any policy or guidelines referenced herein, (e) your use or misuse of the Services, (f) your breach of any law or any rights of a third party, or (g) any Content uploaded by you.

33. SEVERABILITY

If any provision of these Terms of Service shall be deemed unlawful, void, or for any reason unenforceable under the law of any jurisdiction, then that provision shall be deemed severable from these terms and conditions and shall not affect the validity and enforceability of any remaining provisions in such jurisdiction nor the validity and enforceability of the provision in question under the law of any other jurisdiction.

34. GOVERNING LAW

These Terms of Service shall be governed by and construed in accordance with the laws of Malaysia without regard to its conflict of law rules. The United Nations Convention on Contracts for the International Sale of Goods and the Uniform Computer Information Transaction Act, to the extent applicable, are expressly disclaimed. Unless otherwise required by applicable laws, any dispute, controversy, claim or difference of any kind whatsoever arising out of or relating to these Terms of Service against or relating to FlexFin or any Indemnified Party under these Terms of Service shall be referred to and finally resolved by arbitration in Malaysia in accordance with the Arbitration Rules of the Asian International Arbitration Centre (Malaysia) (“AIAC Rules”) for the time being in force, which rules are deemed to be incorporated by reference in this Section. There will be one (1) arbitrator and the language of the arbitration shall be English.

35. GENERAL PROVISIONS

FlexFin reserves all rights not expressly granted herein.
FlexFin may modify these Terms of Service at any time by posting the revised Terms of Service on this Site. Your continued use of this Site and/or receipt of any Services (including, for the avoidance of doubt, the continued provision of an Account to you by FlexFin) after such changes have been posted shall constitute your acceptance of such revised Terms of Service.
You may not assign, sublicense or transfer any rights granted to you hereunder or subcontract any of your obligations.
Nothing in these Terms of Service shall constitute a partnership, joint venture or principal-agent relationship between you and FlexFin, nor does it authorise you to incur any costs or liabilities on FlexFin’s behalf.
The failure of FlexFin at any time or times to require performance of any provision hereof shall in no manner affect its right at a later time to enforce the same unless the same is waived in writing.
These Terms of Service are solely for your and our benefit and are not for the benefit of any other person or entity, except for FlexFin’s affiliates and subsidiaries (and each of FlexFin’s and its affiliates’ and subsidiaries’ respective successors and assigns).
The terms set forth in these Terms of Service and any agreements and policies included or referred to in these Terms of Service constitute the entire agreement and understanding of the parties with respect to the Services and the Site and supersede any previous agreement or understanding between the parties in relation to such subject matter. The parties also hereby exclude all implied terms in fact. In entering into the agreement formed by these Terms of Service, the parties have not relied on any statement, representation, warranty, understanding, undertaking, promise or assurance of any person other than as expressly set out in these Terms of Service. Each party irrevocably and unconditionally waives all claims, rights and remedies which but for this Section it might otherwise have had in relation to any of the foregoing. These Terms of Service may not be contradicted, explained or supplemented by evidence of any prior agreement, any contemporaneous oral agreement or any consistent additional terms.
You agree to comply with all applicable laws, statutes, regulations and codes relating to anti-bribery and corruption including without limitation the UK Bribery Act, the US Foreign Corrupt Practices Act, the Singapore Prevention of Corruption Act andthe Malaysian Anti-Corruption Commission Act and confirm that you have and shall have in place all policies and procedures needed to ensure compliance with such requirements.
If you have any questions or concerns about these Terms of Service or any issues raised in these Terms of Service or on the Site, please contact us at: [email protected].

LEGAL NOTICES: Please send all legal notices to [email protected] and Attention it to the “General Counsel”.

I have read this agreement and agree to all of the provisions contained above and any revision the same hereafter. by clicking the “sign up” or “connect with Facebook” button during registration, I understand that I am creating a digital signature, which I intend to have the same force and effect as if I had signed my name manually.

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