Finantsleping

This financial agreement fully regulates all financial processes and operations that might be applied by Adovinci.

By using the Adovinci Platform to pay for delivered service as Advertiser you agree that we may communicate with you electronically any finance information related to your account. We may also provide notices to you by posting them in your account on Adovinci Website, or by sending them to an email address or street address that you have previously provided to us. Website and email notices shall be considered received by you within 24 hours of the time posted or sent.

1. ADVERTISER SERVICE AGREEMENT

After having created and validated (via e-mail) an account, click the “New campaign +” button and you will be presented with the campaign creation interface. From there on select a campaign duration, select the products your campaign should be delivered on, upload your advertisement materials and review your campaign. In the budget and payment section, review your selected products and their prices, review your campaign information and select a payment method. Fill and/or review your payment info (based on whether this is your first purchase with your selected payment method) and confirm your purchase by sending the campaign to review.

The advertising space on the products you chose will be booked from the moment your campaign funds have reached the Adovinci account. From the moment your funds reach the Adovinci account, your campaign will be reviewed in no less than 24 hours. The aforementioned does not apply to Adovinci Partner accounts, where permanent product bookings will execute the moment the campaign is sent to review. Payments of Adovinci Partner accounts will be settled by invoices, the payment terms of which are based on the Adovinci Partner agreement tied with the relevant Adovinci Partner account. 

After passing review, of which you will receive a notification of on the platform via a status update for the relevant campaign, your campaign will start running the following calendar day (e.g. a campaign approved on January 1, will start running on January 2). The maximum time your campaign will start running in from the moment of funds being transferred is 72 hours. If your materials are not approved, then you will receive an appropriate notification about it via the e-mail your account was registered with. 

In order to cancel an advertising space purchase you must do so at the earliest possibility by writing a written request onto the e-mail info@adovinci.com. Your request will be reviewed and answered within 72 hours. If you cancel your campaign purchase 2 weeks (14 calendar days) or more prior to its scheduled starting date then you are entitled to a 90% (ninety percent) refund of the campaign’s original cost. If you cancel your campaign less than 2 weeks prior to its scheduled starting date then you are entitled to a 70% (seventy percent) refund of the campaign’s original cost. The refund you are entitled to will be credited to your account within 2 weeks for use for a campaign at a later date. Adovinci will not refund any unused funds back to your payment account or any other provided payment account unless you terminate your client agreement with Adovinci due to the fact that you do not agree to changes made to General Terms and Conditions (in latter case all unused funds shall be returned within 30 days less any set-off of claims if applicable).

Your Campaign budget is fixed. You must pay for Adovinci services based on the invoices submitted by Adovinci. Payments are accepted in EUR currency.

Unless agreed differently, you must load funds to your payment method balance in advance. The funds from your balance may be spent on any Campaign added to your respective Adovinci Account. You may set daily limitations on your Campaign spending.

PLEASE BE AWARE THAT THE LIMITATIONS ON YOUR CAMPAIGN SPENDINGS ARE NOT LEGALLY BINDING AND ADOVINCI BEARS NO RESPONSIBILITY FOR THE EXCESS THEREOF.

The price for the services provided by Adovinci is calculated by the delivery algorithm and statistics gathered by Adovinci Platform, unless agreed differently. The total amount of your Campaign budget will be charged from your payment method as soon as you pay for your Campaign. All invoices generated by Adovinci shall be under automatic approval and must be paid in full by you. 

When you make a purchase through Adovinci payment gateways, you agree to provide a valid funding account to proceed with payment. When you have successfully completed this funding transaction, we will then create an invoice.

Pay attention to the details of the transaction, because your total price may include taxes and fees, all of which you are responsible for funding. Upon payment we may charge you with a processing fee or any other fee applicable by third party payment service provider.

You are responsible for maintaining the security of your Adovinci Account, and you understand that you will be charged for any orders placed on or through your account. 

2. ADVERTISER REFUNDS

All unspent funds will be credited to your Adovinci Account, which you can use for any Campaigns under the relevant Adovinci Account. You agree that Adovinci will not refund any unused funds back to your payment account or any other provided payment account unless you terminate your client agreement with Adovinci due to the fact that you do not agree to changes made to General Terms and Conditions (in latter case all unused funds shall be returned within 30 days less any set-off of claims if applicable).

PLEASE BE AWARE THAT IF YOUR CONTRACT WITH ADOVINCI IS TERMINATED DUE TO THE VIOLATION OF CONTRACT BY YOU (E.G. DUE TO YOUR FRAUDULENT ACTIVITY), ADOVINCI IS ENTITLED TO A CONTRACTUAL PENALTY IN THE AMOUNT OF YOUR UNUSED CREDITS AND THEREFORE, ADOVINCI MAY REFUSE TO GIVE YOU A REFUND ON ANY CREDITS ON YOUR ACCOUNT BY WAY OF SET-OFF OF THE CLAIMS.

3. LIABILITY

As an Advertiser you are aware that your payment obligations are deemed to have been performed when the account of Adovinci is credited with the amount due. 

If you believe that an unauthorized or otherwise problematic transaction has taken place under your account, you agree to notify us immediately, so that we may take action to prevent financial loss. Unless you submit the claim to us within 30 days after the charge, you will have waived, to the fullest extent permitted by law, all claims against us arising out of or otherwise related to the transaction.

4. TAXATION

Depending on your location, you may be required to provide certain information for tax purposes. If you are required to submit tax information, you will have to mention this when registering an account or applying for Adovinci services.

If according to applicable law it is your responsibility to pay or withhold taxes on or from your transactions with Adovinci, you agree to indemnify and hold Adovinci harmless from and against any claim arising out of your failure to do so.

Adovinci performs its tax obligations according to the tax laws of the Republic of Estonia. All payments to you from Adovinci in relation to the Adovinci services will be treated as inclusive of tax (if applicable) and will not be adjusted.

5. PAYMENT SERVICE PROVIDERS

Adovinci is using different payment service providers to process all financial operations. Information about available payment methods can be found on Adovinci Website in the Billing section, Payment Methods and from our customer support e-mail support@adovinci.com. You have the right to select any payment service provider available provided your transaction meets all of the criteria set in the terms and conditions for each payment method.

You agree that Adovinci is not responsible for any actions applied by the payment service provider including but not limited to any additional transaction fees applied to your account. Adovinci has the right to switch payment service provider(s) at any time without notifying you.

For each payment method, there are different account thresholds for receiving and sending money that might be changed at any moment by Adovinci. Adovinci reserves the right to reject a financial operation or change the list of available payment options. 

As a controller of the personal data Adovinci shall forward your necessary personal data to the authorized personal data processor Maksekeskus AS in order to process your payments.