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Seller Protection. For each Payment, if a Card payment submitted by a Buyer is approved by BidPay and applicable funds are remitted by BidPay to Seller’s Bank Account, BidPay shall assume the Chargeback risk for such Payment subject to satisfaction of ALL of the following conditions:
1. the goods shipped are not subject to the “Restricted Transactions” terms set forth in Section 2.1.d. below;
2. Seller ships goods using an established courier or postal service that provides tracking and shipment confirmation services;
3. the goods are shipped within seven (7) business days or the timeframe stated in the auction listing, whichever occurs earlier, of Seller’s receipt of the applicable funds from BidPay;
4. the addressee information for the shipment is filled in correctly;
5. Seller obtains proof of delivery services for the shipment;
6. Seller provides BidPay with a complete and accurate copy of the proof of delivery for the Transaction in question within three (3) business day of BidPay’s request for such documentation;
7. the proof of delivery confirms that the shipment was in fact delivered to the correct addressee;
8. Seller was not engaged in illegal, fraudulent, or misleading activity related to the Transaction;
9. Seller assigns and delivers to BidPay the proceeds of any insurance recovery received from the delivery service if the shipment was insured; and,
10. Seller is at all times in full compliance with applicable laws, rules, regulations, statutes, ordinances, and the terms and conditions of this Agreement.
Ann
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