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User Agreement


Agreement for PILIBABA Service Order and Management Account Registration and Usage

All the operational rights, title and interest in and to any and all services (hereinafter referred to as “PILIBABA Service”) provided on this website (pilibaba.com) belong to PILIBABA INTERNATIONAL CO.,LTD(hereinafter referred to as “PILIBABA”, “we” or “us”), existing under the laws of the People’s Republic of China(Hereinafter referred to as PRC or China), with its registered office located at 9I, No. 288, South Zhongshan Road, Nanjing City, Jiangsu Province, PRC. You cannot register and obtain a PILIBABA Service Order and Management Account (hereinafter referred to as “PILIBABA Account”) on this website and further enjoy the services provided by us on this website until you accept this Agreement for PILIBABA Service Order and Management Account Register and Usage (hereinafter referred to as “This Agreement”). If you are not able to completely understand the content of This Agreement, you shall not proceed. Once you click the button “confirm”, it means that you accept all the clauses of This Agreement. This Agreement between you and PILIBABA will not take effect and you will not obtain a PILIBABA Account until PILIBABA sends a notice of confirming successful registration to the email address, which you uses to register an PILIBABA Account and as the name of such PILIBABA Account.

I. Function and Usage of PILIBABA Account

1. Real time payment solution:
Chinese buyers purchase products or services from merchants’ website and make a payment in RMB. PILIBABA will deduct the payment from the buyers’ account and transfer to merchants’ account in real-time.

2. Settlement:
PILIBABA collects payment (RMB) from shoppers to BUY foreign currency, and will then remit the sum to receiving bank account of merchants in settlement. At the moment, we support the settlement of 12 foreign currencies.

3. Standard Cost
Service Fee. The applicable Service Fee rate of the will be 4.4 % of each Transaction Value. This is the only fee PILIBABA charges.

4. This website may contain web links provided by third parties. You understand and confirm that this website only provides such links for the purpose of displaying services. We or this website will not be involved in any services received by you accordingly after your clicking such links and afterwards jumping to any other websites.

II. Rights and Obligations

1. You shall ensure that any information provided by you is legal, truthful, accurate and detailed. In case of any change, you shall update them timely. In the event that any information for registration provided by you is illegal, untruthful, inaccurate or incomplete, you shall assume the corresponding liability and result accordingly and PILIBABA keeps the right to terminate the provision of services. You shall properly provide the related information in accordance with the tips of registration application form in this website and timely update the correct, latest and complete information of yourself after your obtaining PILIBABA Account. You agree that PILIBABA may store and use the information provided by you during your using your PILIBABA Account and the subsequent services.

2. You shall properly keep the information on and about your PILIBABA Account, including but not limited to the account name and password, and shall not provide such information to any third party unless laws, regulations, or judicial decision or decree requires. You shall be accordingly responsible for any act of leaking or divulging the aforementioned information on your own.

3. You shall not employ services provided by this website to engage in any activities which violate laws, regulations, or related supervision stipulations of China. Otherwise, PILIBABA has the right to terminate the provision of services for you.

4. Any act of logging on this website through your PILIBABA Account name and the password and the subsequent operation shall be deemed the act by you. Any result and liability of or arising from the aforementioned act shall be borne by you on your own.

5. You may change the password of your PILIBABA Account irregularly to reduce the corresponding risk. PILIBABA will also adopt reasonably strict measures to keep logon environment safe. You agree and confirm that PILIBABA will not promise any absolute security despite such adopted measures.

6. In case of any question on using services of this website, you may make inquiries to the email info@PILIBABA.com and the language you use shall be Chinese or English.

III .Governing Law

You agree and accept that any dispute of or arising from the execution or performance of This Agreement shall be governed by the law of PRC and both parties shall initially attempt to resolve such dispute through amicable negotiation. In the event of failure of reaching an agreement on resolving dispute, any party shall bring it to the court where PILIBABA resides to resolve it through lawsuits.

IV. Agreement Updating

In case of any change or update to This Agreement or any of specific service contracts, you will be notified through public announcement or web page presentation in this website. If you continue to log on this website or use any of services listed in this website, it shall be deemed that you have already agreed to and accepted the updated content of This Agreement.

V.Term and Termination of Agreement

1. The term of This Agreement is unfixed and will remain effective continuously, provided that PILIBABA is entitled to terminate This Agreement with a one month prior written notice without influencing effective specific service contracts.

2. In the event of any untruth of your identity information provided by you, or failure of your passing any of irregular verification by a third party after This Agreement taking effect, PILIBABA is entitled to terminate This Agreement and take back the PILIBABA Account used by you. Meanwhile, if you have entered into any specific service contract with PILIBABA, the forgoing circumstances will cause the termination of such service contracts immediately and you shall assume the corresponding liability.

November 2015

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