Payment Terms
- 1. Your use of the Payment Services
- 2. Guest Terms
- 3. Host Terms
- 4. Appointment of Bidyourstay Payments as Limited Payment Collection Agent
- 5. General Terms
- 6. Damage Claims and Damage Amounts
- 7. Abandoned Property
- 8. Prohibited Activities
- 9. Force Majeure
- 10. Disclaimers
- 11. Liability
- 12. Indemnification
- 13. Modification, Term, Termination, and other Measures
- 14. Governing Law and Dispute Resolution
- 15. United States Arbitration Agreement
- 16. Miscellaneous
- 17. Additional Clauses for Users Contracting with Bidyourstay Payments
- 18. Additional Clauses for Users Contracting with Bidyourstay Brazil
- 19. Additional Clauses for Users that are Businesses
- 20. Contacting Bidyourstay Payments
1. Your use of the Payment Services
1.1 Bidyourstay Payment Services. By using the Payments Services, you agree to comply with these Payments Terms. Bidyourstay Payments may temporarily limit or suspend your access to or use of the Payment Services, or its features, to carry out maintenance measures that ensure the proper functioning of the Payment Services. Bidyourstay Payments may improve, enhance and modify the Payment Services and introduce new Payment Services from time to time. Bidyourstay Payments will provide notice to Members of any changes to the Payment Services, unless such changes do not materially increase the Members’ contractual obligations or decrease the Members’ rights under these Payments Terms.
1.2 Third Party Services. The Payment Services may contain links to third-party websites or resources (“Third-Party Services”). Such Third-Party Services are subject to different terms of service and privacy policies, and Members should review them. Bidyourstay Payments is not responsible or liable for the use of such Third-Party Services. Links to any Third-Party Services are not an endorsement by Bidyourstay Payments of those Third-Party Services.
1.3 Your Bidyourstay Account. Bidyourstay Payments may enable features that allow you to authorize other Members or third parties to take certain actions that affect your Bidyourstay account. You may authorize a third party to use your Bidyourstay account if the feature is enabled for your Bidyourstay account. You acknowledge and agree that anyone you authorize to use your Bidyourstay account may use the Payment Services on your behalf and that you will be responsible for any payments made by such person.
1.4 Identification and Verification. You authorize Bidyourstay Payments, directly or through third parties, to make any inquiries we consider necessary to verify your identity and information you provide, and if applicable, verifying the identity of the representative(s) and beneficial owner(s). This may include
(i) screening you and, if applicable, your representative(s) and beneficial owner(s) against third-party databases or other sources,
(ii) requesting reports from service providers,
(iii) asking you and, if applicable, your representative(s) and beneficial owner(s) to provide a form of government identification (e.g., driver’s license or passport) to check your name, place and date of birth, your address, nationality and/or other information which we deem necessary under applicable laws; or
(iv) requiring you to take steps to confirm ownership of your email address, Payment Method(s) or Payout Method(s). Bidyourstay Payments reserves the right to terminate, suspend, or limit access to the Payment Services in the event we are unable to obtain or verify any of this information.
1.5 Additional Terms. Your access to or use of certain Payment Services may be subject to, or require you to accept, additional terms and conditions. If there is a conflict between these Payments Terms and terms and conditions applicable to a specific Payment Service, the latter terms and conditions will take precedence with respect to your use of or access to that Payment Service, unless specified otherwise.
2. Guest Terms
2.1 Adding a Payment Method. When you add a Payment Method to your Bidyourstay account, you will be asked to provide billing information such as name, billing address, and financial instrument information either to Bidyourstay Payments or its third-party payment processor(s). You authorize Bidyourstay Payments and its payment service providers to collect and store your Payment Method information.
2.2 Payment Method Verification. When you add or use a new Payment Method, Bidyourstay Payments may verify the Payment Method by (i) authorizing your Payment Method for one or two nominal amounts via a payment service provider, and asking you to confirm those amounts, or (ii) requiring you to upload a billing statement. We may, and retain the right to, initiate refunds of these amounts from your Payment Method. When you add a Payment Method during checkout, we will automatically save and add that Payment Method to your Bidyourstay account so it can be used for a future transaction. You may not remove the Payment Method associated with a reservation during the period commencing from the date of your booking and ending fourteen (14) days following your check-out date, nor during any additional period of time needed to resolve any outstanding Damage Claim associated with such booking.
2.3 Payment Authorization. You allow Bidyourstay Payments to charge your Payment Method (including charging more than one Payment Method), either directly or indirectly, for all fees due (including any applicable taxes) in connection with your Bidyourstay account, including Damage Claim amounts in accordance with the Terms and with Section 6. When you pay using your bank account, you authorize Bidyourstay Payments to debit your bank account according to the payment schedule shown at checkout. You also authorize Bidyourstay Payments to further debit or credit your bank account to correct any erroneous debit, make necessary adjustments to your payment, or to issue a refund back to your bank account.
2.4 Automatic Update of Payment Method. If your Payment Method’s account information changes (e.g., account number, routing number, expiration date) as a result of re-issuance or otherwise, we may acquire that information from our financial services partners or your bank and automatically update your Payment Method on file.
2.5 Timing of Payment. Bidyourstay Payments generally charges the Total Price due after the Host accepts your booking request. However, if you pay with a push Payment Method (such as Sofort), Bidyourstay Payments will collect the Total Price due at the time of your booking request or after the Host accepts your booking request. Bidyourstay may offer alternative options for the timing and manner of payment. Any additional fees for using those alternative payment options will be displayed via the Bidyourstay Platform and included in the Total Price, and you agree to pay such fees by selecting the payment option. Additional terms and conditions may apply for the use of an alternative payment option. If Bidyourstay Payments is unable to collect the Total Price due, as scheduled, Bidyourstay Payments will collect the Total Price due at a later point in accordance with Section 5.3. Once the payment for your requested booking is successfully completed, you will receive a confirmation email.
2.6 Currency.
2.6.1 The currencies available to make payments may be limited for regulatory or operational reasons based on factors such as your selected Payment Method, your country of residence, and/or your Bidyourstay Payments contracting entity(ies). Any such limitations will be communicated via the Bidyourstay Platform, and you will be prompted to select a different currency or Payment Method if your preferred currency is not available.
2.6.2 Note that if the country in which your Bidyourstay Payments contracting entity is located is different than the country of your Payment Method provider, or your selected currency is different than your Payment Method's billing currency, your payment may be processed outside of your country of residence. As a result, your Payment Method provider may impose certain fees and the amount listed on your Payment Method statement may be different from the amount shown at checkout. For example, if you make a booking using a U.S. issued card, but select Euro as your currency, your payment may be processed outside the U.S., and banks and credit card companies may impose international transaction fees and foreign exchange fees. In addition, if you select to pay with a currency that is different than your Payment Method's billing currency, your bank or credit card company may convert the payment amount to your billing currency associated with your Payment Method, based on an exchange rate and fee amount determined solely by your bank. Bidyourstay Payments is not responsible for any such fees and disclaims all liability in this regard. Please contact your Payment Method provider if you have any questions about these fees or any exchange rate imposed by your Payment Method provider.
2.7 Booking Request Status. If a requested booking is declined because it is not accepted by the Host, you cancel the booking request before it is accepted by the Host, or Bidyourstay cancels the booking, any amounts collected by Bidyourstay Payments and due to you pursuant to the policies described in Section 5.5, will be refunded to you, and any pre-authorization of your Payment Method will be released (if applicable) in accordance with Section 5.5.2
2.8 Payment Restrictions. Bidyourstay Payments reserves the right to decline or limit payments that we believe (i) may violate Bidyourstay Payments’ risk management policies or procedures, (ii) may violate these Payments Terms or the Terms, (iii) are unauthorized, fraudulent or illegal; or (iv) expose you, Bidyourstay, Bidyourstay Payments, or others to risks unacceptable to Bidyourstay Payments.
2.9 Payment Service Providers. Payment Methods may involve the use of third-party payment service providers. These payment service providers may charge you additional fees when processing payments in connection with the Payment Services, and Bidyourstay Payments is not responsible for any such fees and disclaims all liability in this regard. Your Payment Method may also be subject to additional terms of use. Please review them before using your Payment Method.
2.10 Your Payment Method, Your Responsibility. Bidyourstay Payments is not responsible for any loss suffered by you as a result of incorrect Payment Method information provided by you.
2.11 Different Ways to Pay2.11.1 Pay part now, part later
2.11.1.1
Bidyourstay may make available to Guests the option to pay a portion of the booking’s Total Price at the time of booking and pay the remainder of the Total Price at a later time prior to check-in (“Pay part now, part later”). Availability of this option may depend on the Listing and/or Payment Method.
2.11.1.2 If you choose Pay part now, part later, the Bidyourstay Platform will notify you during check out of the amount, currency and schedule of each payment due. On the following payments due date, Bidyourstay Payments will automatically charge the original Payment Method you used to make the booking.
2.11.1.3 If you make a modification to a booking made with Pay part now, part later, Bidyourstay will notify you of the revised payment schedule, as applicable, and Bidyourstay Payments will automatically charge the original Payment Method you used to make the booking on the revised payment due dates. If the modification increases your Total Price, you may be required to make an additional partial payment of the new Total Price at the time of the modification.
2.11.1.4 You agree that by selecting a Pay part now, part later, you may not be able to pay for the booking with a different Payment Method or pursuant to a different payment schedule.
2.11.1.5 If Bidyourstay Payments is unable to collect your payment, Bidyourstay Payments will notify you of such declined payment, and require you to complete the payment using an alternative Payment Method within 72 hours of the notice. If you fail to complete the payment, you authorize Bidyourstay to cancel the booking on your behalf. If the booking is canceled, you will be refunded based on the Host’s cancellation policy.
2.11.2 Recurring Payments
2.11.2.1 For certain bookings (such as for Accommodation bookings of twenty-eight (28) nights or more), Bidyourstay Payments may require a Guest to make recurring, incremental payments toward the Total Price owed (“Recurring Payments”). More information on Recurring Payments (including the amount and the frequency of payments) will be made available via the Bidyourstay Platform if applicable to a booking.
2.11.2.2 If Recurring Payments apply to a confirmed booking, then the Guest authorizes Bidyourstay Payments to collect the Total Price due.
2.11.2.3 Guests may stop a Recurring Payment by notifying Bidyourstay Payments orally or in writing at least three (3) business days before the scheduled date of the payment. Bidyourstay Payments may require you to give written confirmation of a stop-payment order within fourteen (14) days of an oral notification. If you fail to provide written confirmation within those fourteen (14) days, Bidyourstay Payments is not obligated to honor your request to stop any future Recurring Payments. If you have any questions regarding your Recurring Payments, please contact Bidyourstay Payments.
3. Host Terms
3.1 Payment Collection. Bidyourstay Payments generally collects the Total Price of a booking at the time the Guest’s booking request is accepted by the Host, unless noted otherwise.
3.2 Valid Payout Method. In order to receive a Payout you must have a valid Payout Method linked to your Bidyourstay account. When you add a Payout Method to your Bidyourstay account, you will be asked to provide information such as name, government identification, tax ID, billing address, and financial instrument information either to Bidyourstay Payments or its third-party payment processor(s). Depending on the Payout Method selected additional information may be required, such as: residential address, name on the account, account type, routing number, account number, email address, payout currency, identification number and account information associated with a particular payment processor. Providing requested information is required for a Payout Method to be valid. The information Bidyourstay Payments requires for a valid Payout Method may change, and Bidyourstay Payments may request additional information at any time; failing to provide requested information may result in Bidyourstay Payments temporarily placing a hold, suspending, or canceling any Payout until the information is provided and, if necessary, validated. You authorize Bidyourstay Payments to collect and store your Payout Method information in accordance with Bidyourstay’s Privacy Policy. Bidyourstay Payments may also share your information with governmental authorities as required by applicable law.
3.3 Timing of Payout
3.3.1 Subject to and conditional upon successful receipt of the payments from Guest, Bidyourstay Payments will generally initiate Payouts to your selected Payout Method: (i) for Accommodations, 24 hours after the Guest’s scheduled check-in time (or 24 hours after 3:00 pm local time - or 3:00 pm IST if local time is unknown - if the check-in time is flexible or not specified); (ii) for Experiences, 24 hours after the start of the Experience; and (iii) for all other Host Services, at the time specified via the Bidyourstay Platform. For Accommodation bookings of twenty-eight (28) nights or more, Bidyourstay Payments will generally initiate the first payout 24 hours after the Guest’s scheduled check-in time, and will initiate future payouts every 30 days after the initial payout, for the duration of the reservation.
3.3.2 Bidyourstay Payments may offer you a different Payout time or trigger for payment, which may be subject to additional terms and conditions. The time it takes to receive Payouts once released by Bidyourstay Payments may depend upon the Payout Method you select.
3.4 Payout. Your Payout for a booking will be the Total Price less applicable fees like Bidyourstay service fees and applicable taxes, and any amounts you agree to allocate to any co-host, or the owner(s) of an Accommodation, a homeowners’ association, and/or their agent (such as a building operator or property management company). In the event of cancellation of a confirmed booking, Bidyourstay Payments will remit the amount you are due (if any) as provided in the Terms and applicable cancellation policy.
3.5 Payout Restrictions. Bidyourstay Payments may temporarily place a hold, suspend, or cancel any Payout for purposes of preventing unlawful activity or fraud, risk assessment, security, or completing an investigation; or if we are unable to verify your identity, or to obtain or verify requested information. Furthermore, Bidyourstay Payments may temporarily place a hold on, suspend, or delay initiating or processing any Payout due to you under the Terms as a result of high volume Booking cancellations or modifications arising from a Force Majeure Event (as defined below).
3.6 Payout Currency. Bidyourstay Payments will remit your Payouts in the currency you select via the Bidyourstay Platform. The currencies available may be limited for regulatory or operational reasons based on factors such as your selected Payout Method, your country of residence, and/or your Bidyourstay contracting entity(ies). Any such limitations will be communicated via the Bidyourstay Platform, and you will be prompted to select a different currency or Payout Method. Note that payment service providers may impose transaction, currency conversion or other fees based on the currency or Payout Method you select, and Bidyourstay Payments is not responsible for any such fees and disclaims all liability in this regard.
3.7 Limits on Payouts. For compliance or operational reasons, Bidyourstay Payments may limit the amount of a Payout. If you are due an amount above that limit, Bidyourstay Payments may make a series of Payouts (potentially over multiple days) in order to provide your full Payout amount.
3.8 Payment Service Providers. Payout Methods may involve the use of third-party payment service providers. These payment service providers may charge you additional fees when processing Payouts in connection with the Payment Services (including deducting charges from the Payout amount), and Bidyourstay Payments is not responsible for any such fees and disclaims all liability in this regard. Your Payout Method may also be subject to additional terms of use from such third-party payment service providers. Please review them before using your Payout Method.
3.9 Handling of Funds. Bidyourstay Payments may combine amounts that it collects from Guests and invest them as permitted under applicable laws. Bidyourstay Payments will retain any interest it earns on those investments.
3.10 Your Payout Method, Your Responsibility. Bidyourstay Payments is not responsible for any loss suffered by you as a result of incorrect Payout Method information provided by you.3.11 Different ways to get paid
3.11.1 Split Payouts
If you provide Host Services jointly with one or more other Hosts as part of a team, business or other organization (“Host Team”), Bidyourstay may make available to such Hosts the option to allocate between the members of the Host Team the total Host Payout for a booking. Bidyourstay Payments will execute such payments at the instruction of one or more members of the Host Team and is not responsible for any losses related to errors or omissions made by the Hosts in providing such payment instructions.
4. Appointment of Bidyourstay Payments as Limited Payment Collection Agent
4.1 Each Host, including each Host Team member, hereby appoints Bidyourstay Payments as the Host’s payment collection agent solely for the limited purpose of accepting and processing funds from Guests purchasing Host Services on the Host’s behalf.
4.2 Each Host, including each Host Team member, agrees that payment made by a Guest through Bidyourstay Payments, shall be considered the same as a payment made directly to the Host, and the Host will provide the Host Service booked by the Guest in the agreed-upon manner as if the Host has received the payment directly from the Guest. Each Host agrees that Bidyourstay Payments may refund the Guest in accordance with the Terms. Each Host understands that Bidyourstay Payments’ obligation to pay the Host is subject to and conditional upon successful receipt of the associated payments from Guest. Bidyourstay Payments guarantees payments to Host(s) only for such amounts that have been successfully received by Bidyourstay Payments from Guests in accordance with these Payments Terms. In accepting appointment as the limited payment collection agent of the Host, Bidyourstay Payments assumes no liability for any acts or omissions of the Host.
4.3 Each Guest acknowledges and agrees that, notwithstanding the fact that Bidyourstay Payments is not a party to the agreement between you and the Host(s), including each Host Team member, Bidyourstay Payments acts as each Host’s payment collection agent for the limited purpose of accepting payments from you on behalf of the Host(s). Upon a Guest’s payment of the funds to Bidyourstay Payments, the Guest’s payment obligation to the Host(s) for the agreed upon amount is extinguished, and Bidyourstay Payments is responsible for remitting the funds successfully received by Bidyourstay Payments to the Host(s) in the manner described in these Payments Terms. In the event that Bidyourstay Payments does not complete the provision of the Payment Services and remit any such amounts, the Host(s) will have recourse only against Bidyourstay Payments and not the Guest directly for the failure on the provision of the Payment Services.
5. General Terms
5.1 Fees. Bidyourstay Payments may charge fees for use of certain Payment Services and any applicable fees will be disclosed to you in the Terms or via the Bidyourstay Platform.
5.2 Payment Authorizations. You authorize Bidyourstay Payments to collect from you amounts due pursuant to these Payment Terms and/or the Terms by either (i) charging or debiting the Payment Method associated with the relevant booking, or any other Payment Method on file that you authorize in your Bidyourstay account (unless you have previously removed the authorization to charge or debit such Payment Method(s)), or (ii) by withholding the amount from your future Payout. Specifically, you authorize Bidyourstay Payments to collect from you:- Any amount due to Bidyourstay or Bidyourstay Payments (e.g., as a result of your bookings, Booking Modifications, cancellations, or other actions as a Guest, Host or user of the Bidyourstay Platform), including reimbursement for costs prepaid by Bidyourstay or Bidyourstay Payments on your behalf. Any funds collected by Bidyourstay Payments will deduct the amount owed by you to Bidyourstay or Bidyourstay Payments and extinguish your obligation to Bidyourstay or Bidyourstay Payments.
- Any amount due to a Host from a Guest which Bidyourstay collects as the Host’s payment collection agent as further set out in Section 4 above.
- Taxes, where applicable and as set out in the Terms.
- Any amount you pay through the Resolution Center in connection with your Bidyourstay account.
- Any Damage Claim amounts owed to Bidyourstay or Bidyourstay Payments in accordance with the Terms and Section 6.
- Overstay penalties payable under the Terms, including any cost and expenses incurred in collecting the overstay penalty.
- Any service fees or cancellation fees imposed pursuant to the Terms (e.g., if, as a Host, you cancel a confirmed booking).
- Any amounts already paid to you as a Host despite a Guest canceling a confirmed booking or Bidyourstay deciding that it is necessary to cancel a booking in accordance with the Terms, or other applicable cancellation policy. You agree that in the event you have already been paid, Bidyourstay Payments will be entitled to recover the amount of any such guest refund from you, including by subtracting such refund amount out from any future Payouts due to you.
If you owe an amount at any time after a booking, such as with Payment Plan or Recurring Payment charges, Booking Modifications, resolution center payments, or Damage Claims (“Additional Amounts”), you authorize Bidyourstay Payments to collect payments for such Additional Amounts by charging your Payment Method associated with the relevant booking without any further action on your part. Bidyourstay Payments will notify you in writing before any Additional Amounts are charged. If your Payment Method associated with the relevant booking is determined to be expired, invalid or otherwise not able to be charged for any reason (such as insufficient funds), you remain responsible for any uncollected amounts. You authorize Bidyourstay Payments to charge or debit the Payment Method related to your booking again or use any other Payment Method on file associated with your Bidyourstay account, if available, to collect such Additional Amounts. Your bank may charge you an overdraft or other fees for each payment failure. Any amount not collected for any reason will be subject to any remedies that may be available, including, but not limited to, referral to a collections agency, or pursuit of available causes of action or claims against you. If Bidyourstay has reason to believe that you as a Host participated in fraudulent activity, such as an overpayment scam, booking fraud or other fraud, and Bidyourstay Payments released the payout for such stay, Bidyourstay Payments may recoup from you such amount by reducing, deducting or debiting the amount from any future Payouts owed to you. In addition to any amount due as outlined above, if there are delinquent amounts or chargebacks associated with your Payment Method, you may be charged fees that are incidental to Bidyourstay Payments collection of these delinquent amounts and chargebacks. Such fees or charges may include collection fees, convenience fees or other third-party charges.
5.3 Collections
5.3.1 If Bidyourstay Payments is unable to collect any amounts you owe under the Terms and these Payments Terms, Bidyourstay Payments may engage in collection efforts to recover such amounts from you.
5.3.2 Bidyourstay Payments will deem any owed amounts overdue when: (a) for authorized charges, one hundred and twenty (120) days have elapsed after Bidyourstay Payments first attempts to charge or debit your Payment Method or the associated services have been provided, whichever is later; and (b) for withholdings from a Host’s future Payouts, two hundred and seventy (270) days have elapsed after the adjustment is made to the Host’s Bidyourstay account or the associated services have been provided, whichever is later.
5.3.3 Bidyourstay Payments will deem any overdue amounts not collected to be in default when three hundred and sixty five (365) days have elapsed: (a) for authorized charges or debits, after Bidyourstay Payments first attempts to charge or debit your Payment Method or the associated services have been provided, whichever is later; and (b) for withholdings from a Host’s future Payouts, after the adjustment is made to the Host’s Bidyourstay account or the associated services have been provided, whichever is later.
5.3.4 You hereby explicitly agree that all communications in relation to amounts owed will be made by electronic mail or by phone, as provided to Bidyourstay and/or Bidyourstay Payments by you. Such communications may be made by Bidyourstay, Bidyourstay Payments, or by anyone on their behalf, including but not limited to a third-party collection agent.
5.4 Payment Processing Errors
5.4.1 Bidyourstay Payments will take the necessary steps to rectify any payment processing errors that we become aware of. These steps may include crediting or debiting (as appropriate) the original Payout Method or Payment Method used or selected by you, so that you end up receiving or paying the correct amount. This may be performed by Bidyourstay Payments or a third party such as your financial institution. We may also take steps to recover funds sent to you in error (including but not limited to an event of duplicate payments made to you due to a processing error), by reducing, deducting and/or debiting the amount of such funds from any future Payouts owed to you.
5.4.2 To the extent you receive any funds in error, you agree to immediately return such funds to Bidyourstay Payments.
5.5.1 Any refunds or credits due to a Member pursuant to the Terms, will be initiated and remitted by Bidyourstay Payments in accordance with these Payments Terms.
5.5.2 Subject to this Section 5.5.2, Bidyourstay Payments will initiate the refund process immediately. In case of a cancellation by Host, Bidyourstay Payments will hold the funds for up to 72 hours until the Guest is either refunded or the Guest directs Bidyourstay to use the funds to rebook with another Host. In certain instances, the refund process may include the option to receive credit in lieu of a cash refund; if this option is made available to you, the timing of your refund will be communicated via the Bidyourstay Platform. The time it takes to receive any cash refund or for any pre-authorization of your Payment Method to be released will vary based on the Payment Method and any applicable payment system (e.g., Visa, Mastercard, etc.) rules. In the event of a Force Majeure Event that may affect the processing and settlement of refunds, Bidyourstay Payments will initiate and process the refund as soon as is practicable.
* All refunds will be processed within 14 Days
6. Damage Claims and Damage Amounts
6.1 If you are responsible for Damage Claim amounts, pursuant to Section 11 of the Terms, Bidyourstay via Bidyourstay Payments may charge the Payment Method used to make the booking or any other payment method on file in your Bidyourstay account at the time of the Damage Claim or reasonably thereafter in order to collect Damage Claim amounts, up to a maximum amount as defined in Section 11 of the Terms. To facilitate this charge, when you book a Listing, you are agreeing that Bidyourstay via Bidyourstay Payments may charge the Payment Method used to book the Listing in order to collect Damage Claim amounts.
6.2 You agree that Bidyourstay Payments may seek to recover from you under any insurance policies you maintain and that Bidyourstay Payments may also pursue against you any remedies it may have available, including, but not limited to, referral to a collections agency, or pursuit of causes of action or claims against you, including in relation to a Damage Claim, or payment requests made by Hosts.
7. Abandoned Property
If Bidyourstay Payments holds funds due to you (e.g., because we are unable to issue you a Payout or refund) or you do not use a gift card or gift credit for the relevant period of time set forth by your state, country, or other governing body in its unclaimed property laws, we may process the funds due to you in accordance with our legal obligations, including by reporting and escheating (sending) such funds to the appropriate governing body as required by applicable unclaimed property laws.
8. Prohibited Activities
8.1 You are solely responsible for compliance with any and all laws, rules, regulations, and tax obligations that may apply to your use of the Payment Services. In connection with your use of the Payment Services, you may not and you agree that you will not and will not assist or enable others to:
● breach or circumvent any applicable laws or regulations;
● breach or circumvent any agreements with third parties, third-party rights, or the Terms,
● use the Payment Services for any commercial or other purposes that are not expressly permitted by these Payments Terms;
● register or use any Payment Method or Payout Method with your Bidyourstay account that is not yours or you do not have authorization to use;
● avoid, bypass, remove, deactivate, impair, descramble, or otherwise circumvent any technological measure implemented by Bidyourstay Payments or any of Bidyourstay Payments’ providers or any other third party to protect the Payment Services;
● take any action that damages or adversely affects, or could damage or adversely affect, the performance or proper functioning of the Payment Services;
● attempt to decipher, decompile, disassemble, or reverse engineer any of the software used to provide the Payment Services; or
● violate or infringe anyone else’s rights or otherwise cause harm to anyone.
8.2 We are required to act in accordance with our internal policies and the laws of various jurisdictions relating to the prevention of money laundering and the implementation of sanctions You will comply with any relevant financial sanctions and any relevant export control laws applicable to you and to your local jurisdiction.
9. Force Majeure
Bidyourstay Payments shall not be liable for any delay or failure to fulfill any obligation under these Payments Terms resulting from abnormal or unforeseeable circumstances outside the reasonable control of Bidyourstay or Bidyourstay Payments, the consequences of which would have been unavoidable despite all efforts to the contrary, including, but not limited to, acts of God, natural disasters, war, terrorism, riots, embargoes, acts of civil or military authorities, fire, floods, accidents, pandemics, epidemics or disease, strikes or shortages of transportation facilities, fuel, energy, labor or materials (“Force Majeure Event”).
10. Disclaimers
10.1 If you choose to use the Payment Services, you do so voluntarily and at your sole risk. To the maximum extent permitted by law, the Payment Services are provided “as is”, without warranty of any kind, either express or implied.
10.2 Notwithstanding Bidyourstay Payments’ appointment as the limited payment collection agent of Hosts pursuant to Section 4, Bidyourstay Payments explicitly disclaims all liability for any act or omission of any Member or other third party. Bidyourstay Payments does not have any duties or obligations as agent for each Host except to the extent expressly set forth in these Payments Terms, and any additional duties or obligations as may be implied by law are, to the maximum extent permitted by applicable law, expressly excluded.
10.3 If we choose to conduct identity verification on any Member, to the extent permitted by applicable law, we disclaim warranties of any kind, either express or implied, that such checks will identify prior misconduct by a Member or guarantee that a Member will not engage in misconduct in the future.
10.4 The foregoing disclaimers apply to the maximum extent permitted by law. You may have other statutory rights or warranties which cannot lawfully be excluded. However, the duration of any statutorily required warranties shall be limited to the maximum extent (if any) permitted by law.
11. Liability
11.1 You acknowledge and agree that, to the maximum extent permitted by law, the entire risk arising out of your access to and use of the Payment Services remains with you. If you permit or authorize another person to use your Bidyourstay account in any way, you are responsible for the actions taken by that person. Neither Bidyourstay Payments nor any other party involved in creating, producing, or delivering the Payment Services will be liable for any incidental, special, exemplary, or consequential damages, including lost profits, loss of data or loss of goodwill, service interruption, computer damage or system failure or the cost of substitute products or services, or for any damages for personal or bodily injury or emotional distress arising out of or in connection with
(i) these Payments Terms,
(ii) from the use of or inability to use the Payment Services, or
(iii) from any communications, interactions, or meetings with other Members or other persons with whom you communicate, interact, transact, or meet with as a result of your use of the Payment Services, whether based on warranty, contract, tort (including negligence), product liability, or any other legal theory, and whether or not Bidyourstay Payments has been informed of the possibility of such damage, even if a limited remedy set forth herein is found to have failed of its essential purpose. Except for our obligations to pay amounts to applicable Hosts pursuant to these Payments Terms or an approved payment request under the Host Damage Protection or Japan Host Insurance, in no event will Bidyourstay Payments’ aggregate liability arising out of or in connection with these Payments Terms and your use of the Payment Services including, but not limited to, from your use of or inability to use the Payment Services, exceed (i) the amounts you have paid or owe for bookings via the Bidyourstay Platform as a Guest in the twelve (12) month period prior to the event giving rise to the liability, or if you are a Host, the amounts paid by Bidyourstay Payments to you in the twelve (12) month period prior to the event giving rise to the liability, or (ii) one hundred U.S. dollars (US$100), if no such payments have been made, as applicable. The limitations of damages set forth above are fundamental elements of the basis of the bargain between Bidyourstay Payments and you. Some jurisdictions do not allow the exclusion or limitation of liability for consequential or incidental damages, so the above limitation may not apply to you. If you reside outside of the U.S., this does not affect Bidyourstay Payments’ liability for death or personal injury arising from its negligence, nor for fraudulent misrepresentation, misrepresentation as to a fundamental matter, or any other liability which cannot be excluded or limited under applicable law.
12. Indemnification
To the maximum extent permitted by applicable law, you agree to release, defend (at Bidyourstay Payments’ option), indemnify, and hold Bidyourstay Payments and its affiliates and subsidiaries, and their officers, directors, employees, and agents, harmless from and against any claims, liabilities, damages, losses, and expenses, including, without limitation, reasonable legal and accounting fees, arising out of or in any way connected with (i) your breach of these Payments Terms; (ii) your improper use of the Payment Services; (iii) your failure, or our failure at your direction, to accurately report, collect or remit taxes; or (iv) your breach of any laws, regulations, or third-party rights.
Modification, Term, Termination, and other Measures
13.1 Modification. Except as otherwise required by applicable law, Bidyourstay Payments may modify these Payments Terms at any time. If we make material changes to these Payment Terms, we will post the revised Payment Terms on the Bidyourstay Platform and update the “Last Updated” date at the top of these Payment Terms. If you are affected by the modification, we will also provide you with notice of the modifications at least thirty (30) days before the date they become effective. If you are contracting with Bidyourstay Payments India, you will receive at least two (2) months advance notice. If you do not terminate your agreement before the date the revised Payment Terms become effective, your continued use of the Payment
13.2 Term. This agreement between you and Bidyourstay Payments reflected by these Payment Terms is effective when you create an Bidyourstay account or use the Payment Services and remains in effect until either you or we terminate this agreement in accordance with Section 13.3.
13.3 Termination. You may terminate this agreement at any time by sending us an email or by deleting your Bidyourstay account. Terminating this agreement will also serve as notice to cancel your Bidyourstay account pursuant to the Terms. Without limiting our rights specified below, Bidyourstay Payments may terminate this agreement for convenience at any time by giving you thirty (30) days' notice via email to your registered email address (or two (2) months' prior notice for Members contracting with Bidyourstay Payments India). Bidyourstay Payments may also terminate this agreement immediately without notice if (i) you have materially breached your obligations under this agreement; (ii) you have provided inaccurate, fraudulent, outdated, or incomplete information; (iii) you have violated applicable laws, regulations, or third-party rights; or (iv) Bidyourstay Payments believes in good faith that such action is reasonably necessary to protect other Members, Bidyourstay, Bidyourstay Payments, or third parties.
13.4 Suspension and Other Measures. Bidyourstay Payments may limit or temporarily or permanently suspend your use of or access to the Payment Services (i) to comply with applicable law, or the order or request of a court, law enforcement, or other administrative agency or governmental body, (ii) if you have breached these Payments Terms, the Terms, applicable laws, regulations or third-party rights, (iii) if you have provided inaccurate, fraudulent, outdated, or incomplete information regarding a Payment Method or Payout Method, (iv) for any amounts you owe under these Payments Term that are overdue or in default, or (v) if Bidyourstay Payments believes in good faith that such action is reasonably necessary to protect the personal safety or property of Bidyourstay, its Members, Bidyourstay Payments, or third parties, or to prevent fraud or other illegal activity. Further, for unsuccessful payment due to card expiration, insufficient funds, or otherwise, we may temporarily suspend your access to the Payment Services until we can charge a valid Payment Method
13.5 Appeal. If Bidyourstay Payments takes any of the measures described in Section 13.3 and 13.4 you may appeal such a decision by contacting customer service.
13.6 Effect of Termination. If you cancel your Bidyourstay account as a Host or Bidyourstay Payments takes any of the measures described above, Bidyourstay Payments may provide a full refund to any Guests with confirmed booking(s), and you will not be entitled to any compensation for pending or confirmed bookings that were cancelled. If you cancel your Bidyourstay account as a Guest, Bidyourstay Payments will initiate a refund for any confirmed booking(s) based on the Listing’s cancellation policy. If your access to or use of the Payment Services has been suspended or limited or this agreement has been terminated by us, you may not register a new Bidyourstay account or attempt to access and use the Payment Services through an Bidyourstay account of another Member.
13.7 Survival. Sections 5 through 20 of these Payments Terms shall survive any termination or expiration of this agreement.
14. Governing Law and Dispute Resolution
14.1 If you are contracting with Bidyourstay PaymentsIndia, these Payments Terms will be interpreted in accordance with the laws of the Delhi and India, without regard to conflict-of-law provisions. Legal proceedings (other than small claims actions) that are excluded from the Arbitration Agreement in Section 15 must be brought in state or other concerned court in Delhi, India, unless we both agree to some other location. You and we both consent to venue and personal jurisdiction in Delhi, India
14.2 If you are contracting with Bidyourstay Payments India, these Payments Terms will be interpreted in accordance with Indian law. If you are acting as an individual consumer and if mandatory statutory consumer protection regulations in your country of residence contain provisions that are more beneficial for you, such provisions shall apply irrespective of the choice of Indian law. As an individual consumer, you may bring any judicial proceedings relating to these Payments Terms before the competent court of your place of residence or a competent court in India. If Bidyourstay wishes to enforce any of its rights against you as a consumer, we may do so only in the courts of the jurisdiction in which you are a resident. If you are acting as a business, you agree to submit to the exclusive jurisdiction of the Indian courts.
14.3 If you are contracting with Bidyourstay Payments India, these Payments Terms will be interpreted in accordance with the laws of India. Any dispute arising from or in connection with these Payments Terms must be submitted to the International Chamber of Commerce (“ICC”) for arbitration in New Delhi, which shall be the seat and venue of arbitration. Such arbitration shall be conducted in accordance with the arbitration rules of the ICC in effect at the time of applying for arbitration, provided that this section shall not be construed to limit any rights which Bidyourstay Payments may have to apply to any court of competent jurisdiction for an order requiring you to perform or be prohibited from performing certain acts and other provisional relief permitted under the laws of India or any other laws that may apply to you. In the event one or more of the parties to the dispute are non-resident, the parties agree to exclude (for the avoidance of any doubt) the applicability of the provisions of Part I (save and except Section 9, Section 27, Section 37(1)(a) and Section 37(3) thereof) of the Indian Arbitration and Conciliation Act 1996 to any arbitration under this section. The arbitration proceedings shall be conducted in English. The arbitral award rendered is final and binding upon both parties. Each party shall bear its own costs in relation to the arbitration.
16. Miscellaneous
16.1 Interpreting these Payments Terms. Except as they may be supplemented by additional terms and conditions, policies, guidelines, or standards, these Payments Terms constitute the entire agreement between Bidyourstay Payments and you regarding the subject matter hereof, and supersede any and all prior oral or written understandings or agreements between Bidyourstay Payments and you regarding the Payment Services. If any provision of these Payments Terms is held to be invalid or unenforceable, such provision will be struck and will not affect the validity and enforceability of the remaining provisions.
16.2 No Waiver. Bidyourstay Payments’ failure to enforce any right or provision in these Payments Terms will not constitute a waiver of such right or provision unless acknowledged and agreed to by us in writing. Except as expressly set forth in these Payments Terms, the exercise by either party of any of its remedies under these Payments Terms will be without prejudice to its other remedies under these Payments Terms or otherwise permitted under law.
16.3 Assignment. You may not assign, transfer, or delegate this agreement or your rights and obligations hereunder without Bidyourstay Payments’ prior written consent. Bidyourstay Payments may without restriction assign, transfer, or delegate this agreement and any rights and obligations, at its sole discretion, with thirty (30) days’ prior notice (or two (2) months’ prior notice for Members contracting with Bidyourstay Payments India).
16.4 Notices. Unless specified otherwise, any notices or other communications permitted or required under this agreement, will be in writing and given by Bidyourstay Payments via email or Bidyourstay Platform notification, and depending on your notification setting, messaging service (including SMS and WeChat). The date of receipt will be deemed the date on which Bidyourstay Payments transmits the notice.
17. Additional Clauses for Users Contracting with Bidyourstay Payments UK
The following paragraphs will apply if you are contracting with Bidyourstay Payments UK. To the extent that there is any conflict between this Section 17 and any other provisions of these Payment Terms, the provisions of this Section 17 shall apply.
17.1 Payment Service User
17.1.1 The Payment Services include the payment collection service provided to Hosts contracting with Bidyourstay Payments India. The payment collection service constitutes a “payment service” regulated under the Payment Services Regulations and for these purposes Bidyourstay Payments India treats Hosts as the “payment service user.”
17.1.2 By agreeing to these Payments Terms you as a Host have consented to Bidyourstay Payments India's payment of each Payout to your chosen Payout Method. Hosts may change a Payout Method up to one (1) day before the time agreed for the Payout as set out in Section 3.3. Bidyourstay Payments India will be deemed to have received the Host's payment order to the Host on the same date Bidyourstay Payments UK agrees to initiate the Payout in accordance with Section 3.3
17.1.3 Bidyourstay Payments India will endeavor to ensure that Hosts based in the India will receive each Payout by the end of the business day following Bidyourstay Payments India's initiation of the Payout.
17.1.4 Communication. Bidyourstay Payments will provide the Host notice via email when we initiate each Payout. We will also provide notice to a Host’s registered email address if the Payout is returned to us because of an error. It is your responsibility as a Host to ensure that you provide us with a current, accurate, and valid email address.
17.2 Diverted Payouts and Complaints
17.2.1 If you as a Host believe or become aware that a Payout properly due to you has been or may be diverted without your authorization (“Diverted Payout”) because your password or other credentials to log into your Bidyourstay account (“Credentials”) have been lost or stolen or misappropriated, you should notify Bidyourstay Payments India without undue delay on becoming aware of the loss, theft, or misappropriation of your Credentials or of the unauthorized use of your Credentials or access to your Bidyourstay account.
17.2.2 If you as Host claim not to have received a Payout properly due to you via your chosen Payout Method (including where there has been a Diverted Payout), Bidyourstay Payments India will (if requested by you without undue delay, on becoming aware of the unauthorised or incorrectly executed Payout and in any event within 13 months of it happening) make immediate efforts to trace the payment and will notify you of the outcome. Subject to Section 17.2.3, unless we can prove that (i) the Payout was received by you via your chosen Payout Method, or (ii) we made the Payout correctly using the Payout Method information you provided but the information you provided was incorrect, we will refund the amount. Where you have given us incorrect information we will not be liable for the defective or non-execution of the Payout, however, we will make reasonable efforts to recover the Payout funds.
17.2.3 You must use your Credentials in accordance with these Payment Terms and take all reasonable steps to keep your Credentials safe. As a Host you may be liable for losses relating to any Diverted Payout arising from the use of lost, stolen, or misappropriated Credentials including the loss of a mobile phone on which you have installed the Application or where you have failed to keep your Credentials safe, up to a maximum of INR3000. This will not apply if the loss, theft or misappropriation of your Credentials was not detectable by you prior to the Payout, unless you acted fraudulently or the loss was caused by acts or omissions of Bidyourstay personnel or a service provider. You may, however, be liable for all losses relating to a Diverted Payout if we can show that you acted fraudulently or where, with intent or gross negligence, you failed to use the Bidyourstay Platform and/or Payment Services in accordance with the Terms or these Payment Terms (including the obligation to keep your Credentials safe). Except where you have acted fraudulently, you will not be liable for any losses incurred in respect of a Diverted Payout arising after notification by you of the loss, theft, or misappropriation of your Credentials or of the unauthorized use of your Credentials, where we have failed at any time to provide appropriate means for such notification, or where we do not require strong customer authentication, where required.
19. Additional Clauses for Users that are Businesses
The following paragraphs also apply if you are using the Payment Services as a representative (“Representative”) acting on behalf a business, company or other legal entity (in such event, for purposes of the Payments Terms, “you” and “your” will refer and apply to that business, company or other legal entity).
19.1 You accept the Payment Terms and you will be responsible for any act or omission of employees or third-party agents using the Payment Service on your behalf.
19.2 You and your Representative individually affirm that you are authorized to provide the information described in Section 2.1 and Section 3.2 and your Representative has the authority to bind you to these Payments Terms. We may require you to provide additional information or documentation demonstrating your Representative’s authority.
19.3 You represent and warrant to us that: (i) you are duly organized, validly existing and in good standing under the laws of the country in which your business is registered and that you are registering for receiving the Payment Services; and (ii) you have all requisite right, power, and authority to enter into this agreement, perform your obligations, and grant the rights, licenses, and authorizations in this agreement.
19.4 If you are using your Payment Method for the benefit of your employees or other authorized third-party in connection with Bidyourstay for Work, as permitted by your account, you authorize Bidyourstay Payments to charge your Payment Method for bookings requested by employees at your company or other permitted third-party.
19.5 For any Payout Method linked to your Bidyourstay account, you authorize Bidyourstay Payments to store the Payout Method, remit payments using the Payout Method for bookings associated with your Bidyourstay account and take any other action as permitted in the Payments Terms in respect of the Payout Method.
19.6 If you handle, store or otherwise process payment card information on behalf of anyone or any third-party, you agree to comply on an ongoing basis with applicable data privacy and security requirements under the current Payment Card Industry Data Security Standard with regards to the use, access, and storage of such credit card information. For additional information, including tools to help you assess your compliance, see https://www.visa.com/cispandhttps://www.mastercard.com/sdp20. Contacting Bidyourstay Payments
You may contact Bidyourstay Payments regarding the Payment Services using the information below:
ENTITY: Brokfree travel tech pvt ltd referred to as Bidyourstay
CONTACT INFORMATION: B-1102 connoisseur twin towers, sec-43, Gurgaon, Haryana, India, 122002 write to us on - harshal@bidyourstay.com//notifications@bidyourstay.com, call us on 8882967672
Bidyourstay Payments will provide a copy of these Payments Terms on request. If you have any questions about these Payments Terms, please email us.