Vendor Terms and Conditions
Horizonbooks.asia – Virtual and Downloadable Goods

1. Eligibility

To become a Vendor on horizonbooks.asia, you must:

• Be at least 18 years of age.
• Own or have rights to distribute the digital goods you intend to list.
• Agree to and comply with all terms outlined in this Agreement.

2. Product Type and Ownership

• Only virtual and downloadable goods are permitted for sale.
• Vendors must own or have proper licenses/authorization to sell the products.
• horizonbooks.asia is not responsible for verifying ownership but may request proof if needed.

3. Revenue Sharing

• All sales of digital products on HorizonBooks.asia shall adhere to a fixed revenue-sharing structure:
• Vendor’s Share: 70% of the net selling price.
• asia (Admin) Share: 30% of the net selling price.
• The net selling price refers to the actual amount paid by the customer after applying any discounts. It excludes applicable taxes, transaction charges, or payment gateway fees.

4. Payments and Payouts

• Payouts to vendors will be made through their preferred and registered payment method (Bank Transfer / PayPal / UPI), as specified during the onboarding process.
• Vendors can request a payout once their available account balance reaches a minimum threshold of ₹500 (or the equivalent amount in their local currency).
• Payout requests are generally processed within seven (7) working days from the date of the request, subject to verification.
• Please note: A minimum clearance period of 30 days from the date of each sale is required before the corresponding earnings become eligible for withdrawal. This is to account for potential refunds, chargebacks, or disputes.
• Horizonbooks.asia reserves the right to delay, withhold, or reverse payments in the event of:
  • Suspected fraudulent transactions,
  • Policy violations,
  • Discrepancies in vendor account details, or Any other activity deemed non-compliant with platform guidelines.

5. Listing and Content Policy

• Vendors must ensure all listings:
  • Are accurate and complete.
  • Do not infringe on copyrights, trademarks, or intellectual property rights.
  • Are not misleading, offensive, or prohibited by law.
• Horizonbooks.asia reserves the right to edit or remove listings at its sole discretion.

6. Refunds and Disputes

• Refunds, if any, will be at the sole discretion of Horizonbooks.asia.
• In case of a refund issued to a buyer, the vendor’s share for that transaction will be reversed accordingly.

7. License to Use Content

By listing your product, you grant Horizonbooks.asia a non-exclusive, worldwide license to market, promote, and deliver your digital goods to customers.

8. Termination

• Either party may terminate this Agreement with 7 days’ written notice.
• Horizonbooks.asia may suspend or terminate Vendor accounts without notice in case of violation of terms or suspected fraud.

9. Limitation of Liability

• Horizonbooks.asia is not liable for any damages arising from loss of revenue, data, or goodwill due to use of the platform or services provided.

10. Governing Law

• This Agreement shall be governed by and construed in accordance with the laws of [Insert Jurisdiction/Country, e.g., India].

11. Amendments

• Horizonbooks.asia reserves the right to modify these terms at any time. Continued use of the platform indicates your acceptance of the updated terms.

By registering and listing products on Horizonbooks.asia, you confirm that you have read, understood, and agreed to the above Terms and Conditions.