ElectricTicket.com: Terms and Conditions

ElectricTickets.com

1. ACCEPTANCE
By using the Products and Services, you are agree, without limitation or qualification, to be bound by, and to comply with, these Terms and Conditions and any other posted guidelines or rules applicable to any individual Electric Tickets, LLC web site or Service. All such guidelines and rules are hereby incorporated by reference into the Terms and Conditions.

2. CONDITIONS AND RESTRICTIONS ON USE
Use of the Products and Services is subject to compliance with these Terms and Conditions. You acknowledge and agree that Electric Tickets, LLC may terminate your access to any of the Products and Services should you fail to comply with the Terms and Conditions or any other guidelines and rules published by Electric Tickets, LLC. Any such termination shall be in Electric Tickets, LLC' sole discretion and will occur with prior notice. Electric Tickets, LLC further reserves the right to terminate any client’s access to the ElectricTickets.com, or to any of the Products and Services for any conduct that Electric Tickets, LLC, in its sole discretion, believes is or may be directly or indirectly harmful to other clients, to Electric Tickets, LLC or its subsidiaries, affiliates, or business contractors, or to other third parties, or for any conduct that violates any local, state, federal, or foreign laws or regulations. Electric Tickets, LLC further reserves the right to terminate any user's access to the Electric Tickets.com or to any of the Products and Services. Based on Electric Tickets, LLC's sole discretion

3. REGISTRATION AND PRIVACY
Electric Tickets will require the client to register and provide certain data about its customers. In consideration of use of such Products and Services, in registering and providing such data, you represent and warrant that:
(a) the information about the customer is true, accurate, current, and complete as required by various Electric Tickets, LLC registration forms ("Registration Data") and
(b) you will maintain and promptly update the Registration Data to keep it true, accurate, current and complete. If you provide any information that is untrue, inaccurate, not current or incomplete, or Electric Tickets has reasonable grounds to suspect that such information is untrue, inaccurate, not current or incomplete, Electric Tickets has the right to suspend or terminate the customer’s account and refuse any and all current or future use of the Products and Services.

4. CLIENT AND MEMBER/CUSTOMER CONDUCT
Upon registering, you will receive a password and Electric Tickets ID. You are responsible for maintaining the confidentiality of the password and ID, and are fully responsible for all activities that occur under your password or ID. You agree to (a) immediately notify Electric Tickets, LLC of any unauthorized use of your password or account or any other breach of security, and (b) ensure that you exit from your account at the end of each session. The Electric Tickets, LLC cannot and will not be liable for any loss or damage arising from your failure to comply with this requirement.

5. CONTENT
You expressly acknowledge and agree that the Electric Tickets, LLC may preserve Content and may also disclose Content if required to do so by law or in the good faith belief that such preservation or disclosure is reasonably necessary to:
(a) comply with legal process;
(b) enforce the Terms and Conditions;
(c) respond to claims that any Content violates the rights of third-parties; or
(d) protect the rights, property, or personal safety of Electric Tickets, LLC, its clients and the public. You acknowledge and agree that the technical processing and transmission of the Products and Services, including your Content, may involve
(a) transmissions over various networks; and
(b) changes to conform and adapt to technical requirements of connecting networks or devices. You further acknowledge and agree that other data collected and maintained by Electric Tickets, LLC with regard to its users may be disclosed in accordance with its Terms and Agreements.

6. STORAGE
Many features of the ElectricTickets.com stores information on behalf of member/customers and clients. Examples include, but are not limited to, email messages, chat, web pages, legal issues, calendar functions, and postings on ElectricTickets.com. Electric Tickets, LLC reserves the right, in its sole discretion, to limit the amount of storage space available per user or to delete materials stored for an excessive period while the member/customers and client’s account has been inactive.

7. Clients may edit or update their customer identifiable information at any time by following the instructions located on ElectricTickets.com.

8. NO RESALE, ASSIGNMENT, OR SUBLICENSING
You agree not to resell, assign, sublicense, otherwise transfer, or delegate your rights or obligations under these Terms and Conditions without prior express written authorization of Electric Tickets, LLC.

9. TERMINATION; SURVIVAL
These Terms and Conditions shall continue in effect for as long as you use the Products and Services, unless specifically terminated earlier by Electric Tickets, LLC. All provisions of these Terms and Conditions, which impose obligations continuing in their nature, shall survive termination of these Terms and Conditions.

10. COMMUNICATIONS WITH USERS
Electric Tickets, LLC reserves the right to communicate with you regarding your use of the Products and Services.

11. SUBMISSIONS OF IDEAS
The Electric Tickets, LLC is always improving its Products and Services and developing new features to assist in the success of your business. If you have ideas regarding improvements or additions to the Electric Tickets, LLC, we would like to hear them -- but any submission will be subject to these Terms and Conditions.

UNDER NO CIRCUMSTANCES SHALL ANY DISCLOSURE OF ANY IDEA OR RELATED MATERIALS TO ELECTRIC TICKETS, LLC BE SUBJECT TO ANY OBLIGATION OF CONFIDENTIALITY OR EXPECTATION OF COMPENSATION. BY SUBMITTING THE IDEA AND/OR ANY RELATED MATERIAL TO ELECTRIC TICKETS, LLC, YOU ARE WAIVING ANY AND ALL RIGHTS THAT YOU MAY HAVE IN THE IDEA OR ANY RELATED MATERIALS AND ARE REPRESENTING AND WARRANTING TO ELECTRIC TICKETS, LLC THAT THE IDEA AND/OR RELATED MATERIALS ARE WHOLLY ORIGINAL WITH YOU, THAT NO ONE ELSE HAS ANY RIGHTS IN THE IDEA AND/OR MATERIALS AND THAT ELECTRIC TICKETS, LLC IS FREE TO IMPLEMENT THE IDEA AND TO USE THE MATERIALS IF IT SO DESIRES, AS PROVIDED OR AS MODIFIED BY ELECTRIC TICKETS, LLC, WITHOUT OBTAINING PERMISSION OR LICENSE FROM ANY THIRD PARTY.

12. EXPORT CONTROLS
Certain software, and related documentation or technical information, available through the Electric Tickets, LLC is subject to applicable laws and regulations of the United States pertaining to export controls. By using such software or related documentation or technical information, you represent and warrant that you are not located in, or under the control of, or a national or resident of any embargoed country or any country on the U.S. Department of Commerce's Table of Denial Orders. You agree not to export or re-export such software or related documentation or technical information directly or indirectly to any countries that are subject to United States export restrictions.

13. INTELLECTUAL PROPERTY INFRINGEMENT CLAIMS
It is the policy of the Electric Tickets, LLC to respond expeditiously to claims of intellectual property infringement. Electric Tickets, LLC will promptly process and investigate notices of alleged infringement and will take appropriate actions under the Digital Millennium Copyright Act ("DMCA") and other applicable intellectual property laws. Upon receipt of notices complying or substantially complying with the DMCA, the Electric Tickets, LLC will act expeditiously to remove or disable access to any material claimed to be infringing or claimed to be the subject of infringing activity and will act expeditiously to remove or disable access to any reference or link to material or activity that is claimed to be infringing. The Electric Tickets, LLC will terminate access for member/customers and clients who are repeat infringes.

14. KNOW YOUR CUSTOMER
The "Know Your Customer" program is promoted by the international organization known as the "Financial Action Task Force" (FATF) in compliance with international treaties. KYC requirements and guidelines by Electric Tickets, LLC clients (meaning both clients themselves and remitting customers) are mandatory.

Under KYC "Know Your Customer" regulations, every transaction will be monitored, and all remittance activity will require identification and profile information. Anyone who will not provide identification or profile information will not be allowed access to Electric Tickets, LLC services. All customers must have an “established” transaction history and relationship with client. All customers must become a member of the client’s online remittance “club.”

The pretext for the KYC requirements is detecting illegal money transfers (money laundering) and the identification of tax evasion attempts. To accomplish the KYC objective, internal cooperation is essential.

Once KYC regulations are in place, Electric Tickets, LLC will be required to determine the source of customer origin, destination, patterns and classify them according to pre-determined "profiles," and monitor their electronic remittance activity to detect deviations or suspicious activities.

IDENTIFICATION REQUIREMENTS:

Identification and profile information will be required for all transactions which use Electric Tickets, LLC methods of payment, i.e.: checks, credit cards, debit cards, money orders, wire transfers, and electronic transfers.
Identification: drivers license, passport, green card and/or government issued document. Credit/transaction card with a photo. All documents will be photocopied and held on file.
Customers who do not have an “established” transaction history and relationship with client will not have access to Electric Tickets, LLC services until so.
New technologies using methods of "electronic identification" such as fingerprint scanners and facial recognition are encouraged.
Electronic transactions will be logged into an information database and compared against pre-established profiles.
A Limit of $1,000.00 will be placed on the amount of the customer’s remittance per transaction per month. Transactions at any given time and consecutive remittances may be treated cumulatively as one transaction for reporting purposes.
Further limits can be placed on the amounts of money that can be remitted to specific countries at any time.
Ultimately, cash will likely be outlawed above a certain amount, and conducting private business using cash in amounts larger than the legal limit will constitute criminal activity.

NEW "ELECTRONIC PAYMENTS" TECHNOLOGIES PROMOTED:
Electronic funds transfers (i.e. smart cards, credit cards, debit cards, electronic purses, etc.) are the preferable method of payment under the Know Your Customer program because transactions can be monitored, recorded, and traced. Therefore, debit cards, smart cards, and electronic purses are encouraged for conducting business under Electric Tickets, LL C KYC program.

Terminology:

Acquiring Bank - A bank that has a business relationship with a merchant and receives all credit card transactions from that merchant.
Authorization - Approval of a credit card transaction for a merchant by the card-issuing bank.
Authorization Code - A code assigned by the card issuing bank to a credit card sale to show that the transaction is authorized.
Bank Card - A credit card issued by a bank Visa and MasterCard are bankcards. American Express and Discover are not.
Chargeback - A credit card transaction that is billed back to the merchant who made the sale. This happens when a credit cardholder disputes a charge on their bill by claiming the product was never delivered or the cardholder was dissatisfied with it in some way. Cardholders are suppose to try to obtain satisfaction from the merchant before disputing the bill with the credit card issuer.
Electronic Data Capture - Entering and processing the sales drafts by electronic means.
Independent Sales Organization (ISO) - Independent sales organizations play a role in many business fields. In the credit card industry ISOs act as a third party between the merchant and the acquiring bank. Many businesses are unable to obtain merchant status through an acquiring bank because the bank views them as too large a risk, and need to go through an ISO to obtain merchant status.
Interchange - The transaction that takes place between the acquiring bank and the credit card-issuing bank.
Interchange Fee - A fee the acquiring bank pays to the credit card-issuing bank in order to process a credit card transaction involving a card holder's account This fee is regulated by MasterCard and Visa, and is a percentage of the total transaction amount.
Merchant Discount - A percentage of the retail sale the merchant pays as a fee to the acquiring bank for processing the credit card transaction.
Merchant Status - A business is considered a "merchant" once they have authorization from an acquiring bank, ISO, or other financial institution to accept credit cards.
Sales Draft - An instrument showing an obligation on the cardholder's part to pay money, (i.e.. the sale amount), to the card.