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Official Merchant Agreement

Merchant Agreement

This agreement governs the relationship between TWAICY and merchants using the TWAICY Commerce OS platform.

Merchant First
Transparent Pricing
Direct Payments
Secure Platform
SaaS Agreement

Merchant Partner

Verified Commerce Platform

Effective Immediately

1. Platform Scope & Technology Provision

SaaS Technology Provider vs Merchant Independent Commercial Entity

TWAICY operates strictly as a Software-as-a-Service (SaaS) Commerce Operating System. TWAICY provides digital infrastructure tools—including drag-and-drop website building, inventory tracking ledgers, order dashboards, and logistics API connections.

TWAICY is NOT a marketplace, reseller, or retail seller of products. The merchant remains the sole legal seller of record for all products and services listed on their TWAICY storefront.

Merchant Independent Business Sovereignty:

Independent Seller
Controls Pricing
Controls Inventory
Controls Customers
Controls Fulfillment

2. Merchant Eligibility & Representations

Business Standing & Regulatory Compliance Requirements

To register and operate a commerce workspace on TWAICY Commerce OS, the merchant covenants and represents the following eligibility criteria:

Legal Business Entity

Merchant represents that their business is legally established under applicable local and national laws.

Legal Product Compliance

All goods, services, and digital downloads listed comply strictly with Indian trade laws and regulations.

Right to Sell & Distribute

Merchant possesses valid trademark, distribution, or licensing rights for catalog merchandise.

Accurate Merchant KYC Information

Merchant maintains true, accurate, and up-to-date business contact details and GSTIN information.

3. Operational Merchant Responsibilities

Merchant Commercial Duties & Store Governance Obligations

The merchant maintains sole responsibility for operating their store and fulfilling customer expectations:

Product Quality & Safety

Ensuring catalog merchandise meets safety standards and is free from defects.

Inventory & Stock Levels

Maintaining real-time stock counts to prevent unfulfillable customer orders.

Store Pricing & Offers

Setting accurate MRPs, retail prices, and promotional discount codes.

Tax Compliance & GST

Collecting and remitting statutory GST, sales taxes, and filing tax returns.

Direct Customer Support

Handling buyer queries, order status checks, and customer service calls.

Returns & Exchanges

Processing return approvals and executing product exchanges per store policy.

Customer Product Refunds

Refunding customer purchase funds directly via UPI or linked payment gateway.

Order Dispatch & Shipping

Packaging items safely and handing over parcels to courier partners (Shiprocket).

4. 100% Store & Business Data Ownership

Data Sovereignty & Zero Lock-In Guarantee

"TWAICY never claims ownership of your store data, catalog metadata, or customer lists. All business assets remain 100% your legal property."

Storefront Website & Layouts

Your customized store layout, canvas templates, and domain mappings.

Products & Catalog Assets

All product titles, images, descriptions, pricing ledgers, and MRP lists.

Store Data & Analytics

Historical sales records, order telemetry, and store performance analytics.

Customer Information & Lists

100% merchant ownership of customer names, emails, phone numbers, and addresses.

Brand Identity & Trademarks

Your business trade name, store logos, banner graphics, and trademarks.

Domain Sovereignty

Your custom top-level domain (e.g., yourstore.com) remains your property.

5. SaaS Platform Subscription & Billing Terms

Predictable Software Access Billing Model

The merchant pays TWAICY fixed platform subscription fees (monthly or annually) strictly for software access to the TWAICY Commerce OS. Subscription payments are entirely separate from merchant customer transaction revenues.

Features Unlocked via SaaS Subscription:

Drag & Drop Builder
Inventory Ledgers
Order Management
Shiprocket Logistics APIs
Real-Time Analytics
GST Tax Invoices

6. Storefront Customer Payments & Revenue Flow

100% Direct Payout Covenant & Zero Interception Guarantee

Mandatory Legal Covenant

"Customer payments NEVER enter TWAICY bank accounts. Customers pay merchants directly. TWAICY never collects, stores, settles, holds escrow, or acts as a payment gateway for customer transactions."

STEP 1
Upload UPI QR
STEP 2
Customer Pays
STEP 3
Merchant Receives
STEP 4
Verify UTR
STEP 5
Confirm Order
Express Legal Exclusions (What TWAICY Never Does):
❌ No Cash Collection
❌ No Wallet Storage
❌ No Settlement Delay
❌ No Escrow Holding
❌ No Payment Intermediary

7. Logistics & Courier Fulfillment Protocols

Shiprocket Integration & Carrier Transport Boundaries

Merchants connect their own Shiprocket account API credentials to manage courier pickups, print shipping manifests, and track deliveries. Physical product transport is governed by the agreement between the merchant and the logistics provider.

8. Customer Product Refunds & Commercial Disputes

Merchant Refund Approval & Subscription Refund Policy Scope

Customer purchase refunds are handled 100% directly by the merchant. Because TWAICY does not collect or store customer funds, TWAICY cannot initiate or force customer bank refunds.

Platform SaaS subscription refunds follow the official Subscription Refund Policy.

9. Intellectual Property Ownership Division

Merchant Content Sovereignty vs TWAICY Platform Software Rights

Merchant IP & Content Assets (100% Merchant Owned):
  • • Store Brand Name & Registered Trademarks
  • • Logos, Custom Graphics & Store Banners
  • • Product Photography, Videos & Descriptions
  • • Customer List Records & Order History Data
TWAICY Platform IP (100% TWAICY Owned):
  • • TWAICY Commerce Operating System Source Code
  • • Drag-and-Drop Website Builder Canvas Engine
  • • Merchant Admin Dashboard & Inventory Ledgers
  • • Proprietary REST APIs & System Integrations

10. Account Suspension & Termination Terms

Grounds for Service Pause or Account Revocation

TWAICY reserves the right to suspend or terminate merchant workspace access under severe violations of security or trade compliance laws:

Prohibited Grounds for Account Suspension:
Fraudulent activities or deceptive listing practices
Sale of prohibited, illegal, or counterfeit merchandise
Security threats, DDoS attacks, or API endpoint abuse
Repeated material violation of platform legal agreements
Abusive chargeback attempts or severe customer misrepresentation

11. Limitation of Liability

Software Platform Liability Cap & Indemnification

TWAICY provides software tools on an "as-is" basis. The merchant operates their business independently and agrees that TWAICY shall not be held liable for:

  • Merchant product defects, warranties, or fitness for purpose
  • Buyer-merchant commercial disputes or unfulfilled customer claims
  • Direct buyer-merchant payment disputes or bank UTR verification errors
  • Third-party courier transit delays, damages, or RTO losses
  • Merchant tax filing defaults, GST penalties, or legal non-compliance

12. Agreement Modifications & Notifications

Revision Notice Protocol

TWAICY reserves the right to update this Merchant Agreement to reflect system enhancements or legal regulatory requirements. Major updates will be communicated to merchants 14 days in advance via email and dashboard alerts.

13. Legal Counsel & Merchant Support Desk

Direct Inquiries & Governance Assistance

Merchant Support
support@twaicy.com
Binding Agreement Acceptance

Agreement Acknowledgment

By creating a merchant account or subscribing to TWAICY Commerce OS, you acknowledge that you have read, understood and agreed to this Merchant Agreement.

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