TBBIT Merchant Service Agreement

Welcome to use the TBBIT Platform Merchant Services.

When you apply for or use the merchant advertising publishing rights, it is deemed that you have read and agreed to this agreement and all rules and announcements updated by the platform from time to time.

If you do not agree with the content of this agreement, please immediately stop using the merchant services and apply to cancel your merchant qualification.

Important Statement

• Merchants must comply with this agreement and all subsequent rules issued by the platform.

• Merchant qualification review and payment of the deposit do not represent the platform providing credit endorsement for the merchant; the merchant independently bears all responsibilities arising from their actions.

• It is strictly forbidden to use the platform for money laundering, fraud, arbitrage, smuggling, malicious market manipulation, or other illegal activities. Once verified, the platform has the right to:

freeze accounts, restrict permissions, remove merchants, deduct deposits, and cooperate with judicial authorities for investigation.

I. Applicable Users

This agreement applies to the following three types of users, collectively referred to as "merchants":

1. Users who have passed the review and obtained advertising publishing rights.

2. Users who have paid the deposit but whose review is not yet complete.

3. Users who have applied to cancel their qualification but whose deposit is still in the platform account.

II. Merchant Service Content

1. Advertising Publishing Rights

Merchants may create buy and sell advertisements.

※Note: Merchants must report all payment and receipt methods to the platform, and submit the "Frozen Account Information" immediately if the bank card is frozen.

2. One-on-One Service Support

Merchants can enjoy priority handling of appeals and order support.

3. Merchant Exclusive Badge

Certified merchants will display an exclusive badge next to their nickname to distinguish them from regular users.

4. Other Services

The platform may periodically add or adjust merchant services; the specific details shall be subject to the platform page announcements.

III. Merchant Qualification Application

1. Basic Information Requirements

• Name, phone number, WeChat or TG, emergency contact

• Household registration book main page, proof of permanent address

• Payment of deposit (specific amount subject to platform prompt)

2. Certification Process

Complete information → Pay deposit → Wait for review (within 3 working days) → Review feedback

3. Merchant Voluntary Cancellation of Qualification

If there are no unresolved disputes or violation records, the platform will refund the deposit to the operable account within 7 working days.

IV. Deposit Management

1. Purpose of Deposit

Used to ensure transaction security and merchant integrity in operation.

2. Situations Where Deposit May Be Deducted

• Merchant faults causing user losses

• Money laundering, fraud, arbitrage, illegal financial activities

• Using others' bank cards for receipt

• Guiding users to conduct transactions outside the platform

• Violating any platform rules

The platform may freeze the deposit for ≥1 month depending on the situation and deduct according to the proportion of actual losses.

V. Merchant Removal Rules

If a merchant exhibits any of the following situations, the platform has the right to directly cancel their merchant qualification:

• Illegal or non-compliant payment and receipt behaviors

• Guiding users to offline transactions

• Invalid receipt account and uncooperative in handling

• Charging users additional fees without authorization

• Seriously failing to meet transaction volume within 30 days → removal

• Order completion rate below 90% within 30 days

• Suspected involvement in money laundering, fraud, or other illegal activities

• Failure to properly isolate cross-platform funds causing user account freezing

VI. Transaction Standards

Merchants must strictly abide by:

1. Principles of Honest Transactions

• Timely payment

• Quick release of coins

• No malicious order blocking or arbitrary order cancellations

• Good service attitude

2. Payment and Receipt Norms

• The payment account must be consistent with the platform's real-name authentication information.

3. Fund Security Norms

• Participation in any illegal funds or funds of unknown origin transactions is prohibited.

VII. Disclaimer

• Losses caused by merchants' improper operation shall be borne by the merchants themselves.

• The platform is not responsible for merchants' illegal activities in cross-platform or off-platform transactions.

• Merchants must ensure all transaction behaviors are legal and compliant.

By continuing to use TBBIT merchant services, you fully understand and agree to the content of this agreement.

If you need to cancel your merchant qualification, please contact platform customer service for assistance.