MayWap Terms & Conditions

Welcome to MayWap, a cloud-based barter swap service. By using our service, you agree to comply with and be bound by the following terms and conditions. Please review them carefully. If you do not agree to these terms, you should not use our service.

Acceptance of Agreement

You agree to the terms and conditions outlined in this Terms and Conditions Agreement ("Agreement") with respect to our service ("MayWap"). This Agreement constitutes the entire and only agreement between us and you, and supersedes all prior or contemporaneous agreements, representations, warranties, and understandings with respect to MayWap, the content, products, or services provided by or through the website, and the subject matter of this Agreement. We may amend this Agreement at any time without specific notice to you. The latest Agreement will be posted on the website, and you should review this Agreement prior to using the website.

Definitions Refers to our platform and services, and to individuals or entities using MayWap.

Service Description

MayWap is a platform that allows users to place lots and receive barter offers for swap. Users are required to deposit funds as a guarantee for the value of the lot until the barter swap is completed. MayWap charges a fixed tax/commission with a dynamic percentage based on the total deal deposit upon successful completion of a swap.

Eligibility

You must be at least 18 years old to use our service. By using MayWap, you represent and warrant that you are at least 18 years old.

User Responsibilities

• Users are responsible for maintaining the security of their accounts and passwords.

• Users are responsible for providing accurate information about the items you list for barter.

• Users must ensure that you have the right to swap the items you list.

• Users agree to comply with all applicable laws and regulations.

Dispute Resolution

Disputes between users are to be resolved directly between the parties involved.

MayWap may, at its discretion, assist in dispute resolution.

Deposits

Both parties involved in a swap must deposit funds as a guarantee. These deposits will be held by MayWap until the swap is confirmed by both parties. Upon successful completion of the swap, deposits will be returned minus the applicable commission.

Barter Swap Process

1. Dealing: Users place lots and receive barter offers on MayWap.

2. Deposit: Both parties deposit funds as a guarantee until the swap is completed.

3. Delivery: Users arrange the physical or digital delivery of swapped items as agreed.

4. Confirmation: Users confirm the successful delivery and condition of swapped items.

5. Funds Release: Upon confirmation by both parties, MayWap releases the deposits, deducting the fixed tax/commission.

Termination of Service

MayWap reserves the right to terminate or suspend your account and access to the service at our sole discretion, without notice, for conduct that we believe violates this Agreement or is harmful to other users of MayWap, us, or third parties, or for any other reason.

Limitation of Liability

MayWap shall not be liable for any indirect, incidental, special, consequential, or punitive damages, or any loss of profits or revenues, whether incurred directly or indirectly, or any loss of data, use, goodwill, or other intangible losses, resulting from (i) your use or inability to use the service; (ii) any unauthorized access to or use of our servers and/or any personal information stored therein; (iii) any interruption or cessation of transmission to or from our services; (iv) any bugs, viruses, Trojan horses, or the like that may be transmitted to or through our services by any third party; or (v) any errors or omissions in any content or for any loss or damage incurred as a result of your use of any content posted, emailed, transmitted, or otherwise made available through the service, whether based on warranty, contract, tort, or any other legal theory, and whether or not MayWap has been advised of the possibility of such damages.

MayWap does not guarantee the availability, accuracy, or reliability of our services at all times.

Users must not misuse MayWap or engage in prohibited activities.

Indemnification

You agree to indemnify, defend, and hold harmless MayWap, its officers, directors, employees, agents, licensors, suppliers, and any third-party information providers to the service from and against all losses, expenses, damages, and costs, including reasonable attorneys' fees, resulting from any violation of this Agreement (including negligent or wrongful conduct) by you or any other person accessing the service.

Governing Law

This Agreement shall be treated as though it were executed and performed in [Your Jurisdiction], and shall be governed by and construed in accordance with the laws of [Your Jurisdiction] without regard to its conflict of law principles. Any cause of action by you with respect to the service (and/or any information, products, or services related thereto) must be instituted within one (1) year after the cause of action arose or be forever waived and barred.

Fundamental Steps of Cloud Barter Swap

1. Dealing Users place lots on MayWap, detailing the items they wish to swap. Other users can browse these lots and make barter offers. Users can negotiate the terms of the swap until both parties agree.

2. Deposit Once an agreement is reached, both parties are required to deposit funds with MayWap. These deposits act as a guarantee for the value of the items being swapped and are held by MayWap until the completion of the swap.

3. Delivery Users are responsible for arranging the delivery of the items being swapped. This can be done through physical shipment or digital transfer, depending on the nature of the items. Both parties should communicate to ensure the timely and safe delivery of the items.

4. Confirmation After receiving the swapped items, users must confirm the delivery and the condition of the items on MayWap. This confirmation is crucial for ensuring both parties are satisfied with the swap.

5. Funds Release Once both parties have confirmed the successful delivery and condition of the items, MayWap will release the deposited funds back to the users, deducting a fixed tax/commission based on a dynamic percentage of the total deal deposit.