FAST MERCHANT AND SELLER TERMS
Effective Date: May 5, 2026 Last Updated: May 5, 2026
1. Acceptance
These Merchant and Seller Terms ("Merchant Terms") govern your participation as a merchant or seller ("Merchant," "you") on the Fast marketplace at shop.fast.xyz, operated by Pi Squared Inc., a Delaware corporation ("Company," "we," "us," or "our"). By registering as a merchant, listing products or services, or receiving payments through the Fast marketplace, you agree to these Merchant Terms, together with our Terms of Service, Privacy Policy, and Acceptable Use Policy (collectively, the "Agreement"). If you do not agree, do not participate as a merchant.
2. Merchant Eligibility
2.1 You must be a legally incorporated business or a natural person of at least 18 years old with the legal capacity to enter binding contracts.
2.2 You must not be located in, or transacting with parties in, any jurisdiction subject to OFAC sanctions, including Cuba, Iran, North Korea, Syria, the Crimea region, the Donetsk and Luhansk regions, or Russia.
2.3 You represent that all information you provide to the Company is accurate, complete, and current, and you will update it promptly if it changes.
2.4 The Company may approve or reject merchant applications at its sole discretion and may revoke merchant status at any time.
3. Merchant Obligations
3.1 Accurate Listings. You are solely responsible for the accuracy, completeness, and legality of your product listings, including descriptions, pricing, images, availability, and shipping information. Misleading or deceptive listings are prohibited.
3.2 Lawful Products and Services. You may only list products and services that are legal in the jurisdictions where you sell and ship them. You may not list counterfeit, stolen, hazardous, or prohibited items. See the Acceptable Use Policy for the full list of prohibited goods and activities.
3.3 Fulfillment. You are responsible for fulfilling all orders promptly and in accordance with your stated shipping and delivery terms. You must ship within the timeframe displayed in your listing or notify the buyer of delays.
3.4 Returns and Refunds. You must clearly state your return and refund policy in your listing. You are responsible for honoring that policy. The Company is not responsible for fulfilling returns or refunds on your behalf.
3.5 Customer Service. You are responsible for responding to buyer inquiries, disputes, and complaints in a timely and professional manner.
3.6 Taxes. You are solely responsible for determining, collecting, reporting, and remitting any applicable taxes (including sales tax, VAT, and customs duties) arising from your sales on the marketplace. The Company does not collect or remit taxes on your behalf unless required by law.
3.7 Compliance. You must comply with all applicable laws and regulations, including consumer protection laws, product safety requirements, export controls, and data protection laws.
4. Fulfillment via Third-Party Adapters
4.1 The Company may facilitate orders on your behalf through third-party purchasing intermediaries, including Zinc API ("Zinc"), that place and fulfill orders with you using their own payment methods. By participating as a merchant, you agree to fulfill orders originated through these intermediaries under the same terms as direct orders.
4.2 Orders fulfilled through the adapter path will be accompanied by verification of the marketplace origin. You agree to honor such orders when properly verified.
4.3 The Company is not liable for errors, delays, or failures by third-party fulfillment intermediaries. Disputes arising from intermediary-fulfilled orders should be directed to the Company at contact@fast.xyz.
5. Payments
5.1 Payment in fastUSD. The Company facilitates buyer payments in fastUSD, which are prepaid credits on the Company's books. Settlement to merchants may be made in fastUSD, USDC, fiat currency, or other payment methods as agreed between the Company and the merchant.
5.2 Payment Terms. Settlement timing, fees, and currency will be specified in your merchant onboarding agreement or a separate payout schedule. In the absence of a written agreement, the Company's standard payout terms apply.
5.3 Reversals and Chargebacks. If a buyer payment is reversed or disputed, the Company may withhold or claw back the corresponding merchant settlement. Merchants with excessive dispute rates may be suspended or terminated.
5.4 Fees. The Company may charge marketplace fees on transactions. Current fees will be disclosed at merchant onboarding and may be updated with 30 days' notice.
6. Intellectual Property
6.1 You represent that you own or have the right to use all content in your listings, including images, descriptions, and trademarks.
6.2 By listing on the marketplace, you grant the Company a non-exclusive, royalty-free, worldwide license to use, display, reproduce, and distribute your listing content for the purpose of operating and promoting the marketplace.
6.3 The Company's intellectual property (including the Fast brand, trademarks, and platform) remains the exclusive property of Pi Squared Inc. You may not use the Company's trademarks or branding without prior written consent.
7. Prohibited Conduct
Merchants may not:
- Manipulate prices, reviews, or rankings
- Offer or solicit transactions outside the marketplace to avoid fees
- List the same product under multiple listings to game search rankings
- Collude with buyers to submit false reviews or inflate transaction counts
- Use the marketplace to launder money or facilitate sanctioned transactions
- Misrepresent the origin, quality, or authenticity of products
- Violate the Acceptable Use Policy
8. Suspension and Termination
8.1 The Company may suspend or terminate your merchant account at any time for: violation of these Merchant Terms or the Agreement; excessive disputes or chargebacks; listing prohibited items; legal or regulatory risk; or any other reason at the Company's sole discretion.
8.2 Upon termination, pending settlements may be withheld pending resolution of any open disputes. Termination does not relieve you of obligations arising from completed transactions.
9. Relationship of the Parties
The Company is a marketplace operator, not a buyer, seller, or party to transactions between merchants and buyers. The Company does not take title to goods. The relationship between the Company and each merchant is that of independent contractors. Nothing in these Merchant Terms creates an employment, agency, partnership, or joint venture relationship.
10. Disclaimer and Limitation of Liability
10.1 THE MARKETPLACE IS PROVIDED "AS-IS." THE COMPANY MAKES NO WARRANTIES REGARDING BUYER DEMAND, SALES VOLUME, PLATFORM UPTIME, OR MERCHANT REVENUE.
10.2 TO THE MAXIMUM EXTENT PERMITTED BY LAW, THE COMPANY'S TOTAL LIABILITY TO ANY MERCHANT FOR ALL CLAIMS IS LIMITED TO THE FEES PAID BY THE MERCHANT TO THE COMPANY IN THE 3 MONTHS PRECEDING THE CLAIM.
11. Indemnification
You agree to indemnify and hold harmless the Company and its officers, directors, employees, and affiliates from all claims, damages, liabilities, and expenses (including attorneys' fees) arising from your listings, your products or services, your fulfillment obligations, or your violation of these Merchant Terms.
12. Modifications
The Company may modify these Merchant Terms at any time. Material changes will be communicated with 30 days' notice via email or platform notification. Continued participation after the notice period constitutes acceptance.
13. Governing Law and Disputes
These Merchant Terms are governed by Delaware law. Disputes shall be resolved by binding arbitration administered by the American Arbitration Association under its Commercial Arbitration Rules, seated in Champaign County, Illinois. The Federal Arbitration Act governs this arbitration agreement.
14. Contact
Pi Squared Inc. 301 N Neil St #503, Champaign, IL 61820 Email: contact@fast.xyz Attention: Legal Department
END OF MERCHANT AND SELLER TERMS