VOUCHERBANG- TERMS AND CONDITIONS

Terms and Conditions between;

i) VoucherBang.com Limited, 8 Fyson Way, Warboys, Huntingdon, PE28 2JJ, trading as VoucherBang and/or Voucherbang.com and/or Voucherbang.co.uk (“VB”) and

ii)  Voucher Issuer

a)  VB offers to list the Issuer’s vouchers for sale on its’ website (www.voucherbang.co.uk / www.voucherbang.com).

b) The Issuer accepts VB’s offer and agrees to list its’ vouchers for sale on VB’s website.

c)  The Issuer confirms that;

i)  It has the legal capacity to issue its’ vouchers.

ii) It has the financial resources and the legal intention to redeem its’ vouchers at face value. 

iii)The supply of goods and/or services in redemption of its’ vouchers will conform with prevailing law including trading standards and/or regulations.

iv) Any restrictions or limitations on the issue and/or redemption of its’ vouchers will be included in its’ voucher listings and will be in a manner which complies with prevailing law including distance selling regulations and/or consumer rights regulations.

v) For the period of this agreement it will maintain POS and/or interactive facilities and services necessary for the issue, maintenance and redemption of its listed vouchers.

vi) It allows VB to promote its' vouchers using VB's social media channels.

d) VB and the Issuer each acknowledge and agree that;

i) VB will act solely as a conduit for the non-exclusive listing and sale of the Issuer’s vouchers and VB will not itself have any primary obligation towards the purchaser(s) of any of the Issuer’s listed vouchers.

ii) VB will deliver the Issuer’s listed vouchers to person(s) wishing to purchase those vouchers via VB’s website. Delivery will be in accordance with the terms and conditions displayed on VB’s website.

iii) VB will collect payment from the purchaser of any of the Issuer’s listed vouchers using the intermediary secure on-line payment services of “Stripe”. VB will then transfer each collected payment directly to the Issuer’s Designated Bank Account using the same secure on-line payment services of “Stripe” after first netting off the agreed percentage. “Stripe” charges may apply between Stripe and the Issuer. Email notifications will support each such sale/payment.

iv) The consideration to be paid by the Issuer to VB for VB listing its vouchers and acting as a conduit for the collection of listed voucher sales proceeds shall be 11.7% of those sales proceeds (“the agreed percentage”).

v) The initial period of the Agreement will be one year from the date of first listing of the Issuers’ vouchers (“first listing”).

vi) The Agreement will automatically rollover for a further period on one year on the first and each subsequent anniversary of first listing.

vii) The Agreement may be cancelled by either party at any time after the first anniversary of first listing by the giving of six months written notice.

viii) Each has the legal capacity to enter into these terms and conditions and any agreement arising hereunder will be construed in accordance with English Law.