Legal
Marketplace facilitator terms
The legal framework governing Vectra Markets operations and responsibilities.
1. Role of B2B Market
B2B Market acts solely as a marketplace facilitator and payment intermediary, providing infrastructure that enables Buyers and Sellers to transact.
B2B Market:
- Is not a party to Buyer–Seller contracts
- Does not guarantee transaction completion
- Does not insure transactions unless explicitly stated
2. Payment Facilitation
B2B Market may:
- Collect payments from Buyers
- Disburse funds to Sellers
- Hold funds temporarily for compliance, dispute review, or risk management
This does not create an escrow, trust, partnership, or fiduciary relationship.
3. No Warranties or Guarantees
B2B Market makes no representations or warranties regarding:
- Buyer solvency
- Seller performance
- Product quality
- Delivery timelines
All warranties are solely between Buyers and Sellers.
4. Disputes & Chargebacks
- Buyers and Sellers are primarily responsible for resolving disputes
- B2B Market may reverse transactions or withhold funds where required by payment processors or law
- Chargeback losses may be allocated to the responsible party
5. Platform Enforcement Rights
B2B Market reserves the right to:
- Monitor transactions
- Suspend accounts
- Remove listings
- Withhold payouts
- Report activity to regulators or financial partners
6. Indemnification
Buyers and Sellers agree to indemnify B2B Market against claims arising from:
- Transactions conducted on the platform
- Breach of applicable terms
- Legal or regulatory violations
7. Governing Law
These Marketplace Facilitator Terms are governed by Ontario, Canada law.
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