Summary of changes
Legal & Platform Update
Summary of Changes to XB2BX Terms
This document provides a clear overview of the latest updates to the XB2BX Terms and Conditions, reflecting platform enhancements, compliance measures, and new services.
1. Additional Terms for Specific Services
- Tailored terms for sellers, buyers, and suppliers using value-added services.
- Clearer obligations for integrated third-party service providers.
2. Our Services
- Expanded description of marketplace services, including B2B matchmaking and bulk orders.
- Introduction of sector-specific services (agriculture, industrial equipment, manufacturing).
3. New Features & Services
- Enhanced industry-specific tools.
- Reintroduction of live chat support for real-time communication.
4. Legal Capacity & Eligibility
- Clarified age and legal eligibility requirements.
- Reinforced restrictions for sanctioned or embargoed jurisdictions.
5. Account & Registration
- Enhanced KYC and KYB verification procedures.
- Multi-role accounts allowing users to act as buyer, seller, and supplier.
6. Platform Usage Rules
- Expanded list of prohibited activities to ensure fair use and platform integrity.
7. Intellectual Property Rights
- Clear definition of user license scope.
- Stronger protections for user-generated and uploaded content.
8. Content & Public Content
- Updated publishing permissions.
- Restrictions on unauthorized copyrighted material.
9. Payments, Charges & Refunds
- New premium pricing tiers and API access fees.
- Transparent breakdown of charges and refund procedures.
10. Termination & Support
- Defined account suspension and termination conditions.
- Cooling-off period for appeals and enhanced enterprise support tiers.
11. Legal Framework & Jurisdiction
- Jurisdiction rules based on user role and geographic location.
- Structured dispute resolution for international transactions.
