1. nd spending. When you make a purchase using Facebook Payments, you agree to provide a valid funding instrument to load money into your electronic value balance. When you have successfully completed this funding transaction, we will then transfer that value to the developer offering the content you wish to purchase. 2. Pricing. Pay attention to the details of the transaction, because your total price may include taxes, fees, and shipping costs, all of which you are responsible for funding. 3. Extra terms. You may be presented with additional terms related to a specific purchase before you confirm the transaction (such as shipping terms for tangible goods). Those additional terms will also govern that transaction. 4. Subscriptions. If you purchase a subscription to an app or to a feature within an app, we will bill your funding instrument immediately, and then again at the beginning of each subscription period. The following terms apply for subscriptions purchased through Facebook Payments: 1. If a free trial period is offered and you do not cancel during the free trial period, you will be billed at the end of the free trial period and at the beginning of each subsequent subscription period. 2. You can cancel subscriptions at any time on your Account Settings page. 3. If you cancel a subscription you will still have access to the app or feature you subscribed to through the end of the subscription period. If an app or feature you subscribed to becomes unavailable during your subscription you will not be billed at the beginning of the next subscription period. 5. Sponsored posts. Posts you have Sponsored are subject to our Advertising Guidelines. 6. Actual sale. You may only use Facebook Payments to process a funding transaction for a legitimate, bona fide purchase of a product or service. You may not use Facebook Payments to fund a transaction or otherwise transfer electronic value not in conjunction with a purchase. 7. No Warranties. You acknowledge that the products or services you may purchase are sold by merchants, not by Facebook. WE MAKE NO WARRANTIES OF ANY KIND, EXPRESS OR IMPLIED, WITH RESPECT TO ANY PRODUCTS OR SERVICES SOLD ON OR THROUGH FACEBOOK. 2. Payment Methods 1. Funding instruments. We want to make Facebook Payments convenient, so we allow you to fund your transactions using a number of different sources, like credit cards and debit cards, Facebook Gift Cards, and other payment methods. 2. Authority. When you provide a funding instrument to us, you confirm that you are permitted to use that funding instrument. When you fund a transaction, you authorize us (and our designated payment processor) to charge the full amount to the funding instrument you designate for the transaction. You also authorize us to collect and store that funding instrument, along with other related transaction information. 3. Authorization. If you pay by credit or debit card, we may obtain a pre-approval from the issuer of the card for an amount, which may be as high as the full price of your purchase. We will bill your card at the time you load funds for your Facebook Payments transaction, or shortly thereafter. If you cancel a transaction before completion, this pre-approval may result in those funds not otherwise being immediately available to you. 4. Failed funding. If you fund a payment by debit card and your load transaction results in an overdraft or other fee from your bank, you alone are responsible for that fee. 5. Credits. The Facebook Credits virtual currency (“Credits”) is a payment method for virtual goods or in-game currency in participating apps on our platform. The following terms apply to Credits usage: 1. When you purchase or receive Credits, you do not own those Credits. What you have is a limited right to use the Credits in connection with certain features on Facebook, such as the purchase of a virtual good. 2. Except as otherwise stated, purchases of Credits are non-refundable to the full extent permitted by law. 3. You will not sell Credits to anyone, or transfer them to anyone outside of Facebook. 4. We may change the purchase price for Credits at any time, as well as the ways that you can use or transfer Credits. We also reserve the right to stop issuing Credits. 5. Credits are not redeemable for any sum of money or monetary value from us unless we agree otherwise in writing or unless required by law. 6. Credits are subject to our Abandoned Property provision (Section 3.6, below). 7. Facebook has in the past issued a small number of free or promotional Credits to users. We may expire these at any time. 6. Facebook Gift Cards. Facebook Gift Cards may be used to increase your electronic value balance ("Balance") on Facebook. You can then use this Balance on our platform as a payment method. The following terms apply to Balances: 1. If you enter the Gift Card’s PIN and click “Redeem” at facebook/giftcards/redeem, we will credit the Gift Card’s value to your Balance. Once you have entered the PIN on your Gift Card, the value you received can’t be restored to the original Gift Card. 2. All Gift Cards converted at facebook/giftcards/redeem as described above will result in Balances that can be used across the platform; your Balance will be applied toward funding transactions you wish to execute, and if your Balance is insufficient to complete a transaction, we will ask you to elect an additional payment method to cover the difference. Gift Cards converted in certain games, however, may result in value that can only be used within that game, or in other games from the same developer. 3. Facebook is not a bank, so Gift Card balances are not deposits and they do not earn interest. Gift Card balances are not insured by the Federal Deposit Insurance Corporation, the Financial Services Compensation Scheme, or any other entity or insurance scheme, whether governmental or private.
Posted on: Thu, 04 Jul 2013 07:41:23 +0000