Foresight POS - Terms of Service

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Welcome to Foresight POS ("we," "our," or "us"). By accessing or using our point-of-sale platform, dashboard, hardware integrations, and related services (collectively, the "Service"), you ("you," "User," or "Merchant") agree to be bound by these Terms of Service ("Terms").

If you do not agree to these Terms, you may not use the Service.

1. Description of Service

Foresight POS is a multi-tenant, cloud-based software-as-a-service (SaaS) platform designed to provide point-of-sale, inventory management, accounts payable automation, and reporting services to businesses.

2. Account Registration and Responsibilities

Eligibility: You must be a legally recognized business entity and at least 18 years of age to use the Service.
Account Security: You are responsible for safeguarding your login credentials (including PINs used on POS terminals) and for all activities that occur under your account.
Multi-Tenant Boundaries: You agree not to attempt to access, modify, or extract data belonging to other merchants on the platform.

3. Acceptable Use

Merchants may not use the Service to sell illegal goods, restricted services, or any items that violate Stripe’s acceptable use policies. We reserve the right to immediately suspend accounts found violating these rules.

4. Payments and Hardware Integrations (Stripe)

Payment Processing: Payment processing services for Foresight POS are provided by Stripe and are subject to the Stripe Connected Account Agreement. By agreeing to these Terms, you also agree to be bound by the Stripe Services Agreement.
Chargebacks & Refunds: The Merchant is 100% responsible for all chargebacks, refunds, and associated fees. Foresight POS holds no liability for disputes between the Merchant and their customers.
Hardware: We facilitate integration with Stripe Terminal hardware. We are not liable for hardware failures, connectivity issues, or physical damages to terminals.
Subscriptions: Access to the Service is billed on a subscription basis. Failure to pay subscription fees may result in immediate suspension or termination of your account.

5. Third-Party Integrations

QuickBooks Online (QBO) & Accounting: The Service includes features that synchronize daily sales and vendor invoices to QuickBooks Online. You are solely responsible for verifying the accuracy of the financial data synced to your accounting software. We are not liable for accounting errors, tax miscalculations, or auditing discrepancies resulting from the use of this integration.
Other Partners: Integrations with services like Gusto or other third parties are governed by those third parties' respective terms of service.

6. Artificial Intelligence (AI) Features

Invoice Extraction: The Service uses artificial intelligence to extract data from uploaded vendor invoices. You acknowledge that AI extractions may contain errors. It is your strict responsibility to review and approve all AI-extracted data before it is saved, processed, or synced to accounting software.
Liability: We disclaim all liability for overpayments, missed payments, or inventory discrepancies resulting from unverified or incorrect AI data extraction.

7. Data Ownership and Privacy

Your Data: You retain all rights and ownership to the business data you input into the Service (e.g., inventory counts, sales data, customer information).
Our Rights: You grant us a non-exclusive license to use, store, and process your data solely for the purpose of operating, maintaining, and improving the Service.
Customer Data: You are responsible for ensuring that your collection of consumer data (e.g., for digital receipts or loyalty programs) complies with all applicable privacy laws (such as GDPR or CCPA).

8. Limitation of Liability

TO THE MAXIMUM EXTENT PERMITTED BY LAW, FORESIGHT POS SHALL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, INCLUDING BUT NOT LIMITED TO LOSS OF PROFITS, DATA, USE, OR GOODWILL, ARISING OUT OF OR IN CONNECTION WITH YOUR USE OF THE SERVICE.

We do not guarantee that the Service will be uninterrupted, error-free, or completely secure. The Service is provided "AS IS" and "AS AVAILABLE."

9. Termination

We reserve the right to suspend or terminate the Service at our sole discretion, with or without notice, for any conduct that we believe violates these Terms or is harmful to other users, us, or third parties.

10. Modifications to the Terms

We reserve the right to modify these Terms at any time. We will notify you of any material changes via email or an in-app notification. Continued use of the Service after changes are published constitutes your acceptance of the revised Terms.

11. Governing Law

These Terms shall be governed and construed in accordance with the laws of the State of Nevada, without regard to its conflict of law provisions.

12. Contact Us

If you have any questions about these Terms, please contact us at: legal@foresightpos.com