Payment Solutions Terms and Conditions

CONFORME

This conforme serves as a deal sheet between G-Xchange, Inc. (GXI) and the MERCHANT for the agreement covering the commercial terms below for a period of 1 year.

COMMERCIAL TERMS

No fee for service. GXI shall provide the Scan to Pay Service, and issue, install, and/or deploy the GCash Scan to Pay Tools free of charge. In exchange, no fee, cost, or expense shall be charged to GXI for the space used or occupied by the GCash Scan to Pay Tools.

No fee for GCash payments. No fee shall be charged to merchant for their use of GCash or of the GCash Scan to Pay feature to pay for their purchases at the Scan to Pay Sites.

Merchant Discount Rate. GXI shall collect a Merchant Discount Rate (MDR) equivalent to 2% of all approved payment transactions made to MERCHANT through the Scan to Pay Service. The MDR is applicable to Individual Merchants and shall be implemented upon approval of the application.

PRE-SERVICE

Pre-Onboarding Requirements. Notwithstanding any proposal, term sheet, or application signed by the MERCHANT, GXI reserves the right to cancel, delay, defer, or suspend delivery of the Scan to Pay Service if the necessary pre-onboarding requirements (as communicated to ME