Legal Framework

Terms of Service

Last Updated: October 24, 2024. Please read these terms carefully before using the Faresort platform. By using our services, you agree to be bound by these legal obligations.

01

Introduction

Welcome to Faresort. These Terms of Service ("Terms") constitute a legally binding agreement between you ("User," "you," or "your") and Faresort Technologies ("Faresort," "we," "us," or "our") regarding your use of our platform, including our mobile application, website, and transit-payment services.

By accessing or using Faresort, you confirm your eligibility and agreement to abide by these Terms. If you do not agree to these Terms, you must immediately cease all use of the platform. Faresort provides a high-velocity financial interface for urban transit, bridging passengers and logistics providers through a unified payment ecosystem.

02

User Obligations

person Passengers

  • Maintain a valid balance for all transit transactions initiated via the Faresort platform.
  • Verify the vehicle identity and driver credentials before boarding to ensure safety.
  • Refrain from any fraudulent activity, including payment reversals for completed rides.

directions_car Drivers

  • Ensure all provided licensing and insurance documentation is current and authentic.
  • Adhere to the predetermined fare structures set within the Faresort high-velocity engine.
  • Maintain professional conduct and vehicle standards as mandated by local transit regulations.
03

Payment Processing

Faresort utilizes advanced fintech protocols to facilitate real-time transactions. By linking a payment method, you authorize Faresort to process charges for transit services, applicable service fees, and any necessary tax obligations.

bolt

Instant Settlement

Funds are captured and settled immediately upon ride confirmation.

shield

Secure Vaulting

Credit card and bank data are tokenized and never stored on our servers.

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Fare Adjustments

Any discrepancies must be reported within 24 hours of the transaction.

Efficiency in Motion

PROPELLING URBAN LOGISTICS

04

Liability & Indemnity

Faresort acts as an intermediary platform and is not a transportation provider. Consequently, Faresort shall not be liable for any indirect, incidental, or consequential damages arising out of the performance (or lack thereof) of third-party transit providers.

"In no event shall Faresort’s aggregate liability exceed the total amount of service fees paid by you to Faresort during the six (6) month period immediately preceding the event giving rise to the claim."

Users agree to indemnify and hold Faresort harmless from any claims, losses, or expenses arising from their breach of these Terms or violation of any third-party rights.

05

Termination

Faresort reserves the right to suspend or terminate your access to the platform at our sole discretion, without notice, for behavior that violates these Terms or harms the integrity of the Faresort community.

  • cancel Fraudulent payment activities or chargeback abuse.
  • cancel Repeat violations of safety protocols or user conduct codes.
  • cancel Submission of false or misleading identification data.
  • cancel Unauthorized access or attempts to breach platform security.

Agree to Continue

By clicking 'Acknowledge,' you confirm that you have read and understood the Faresort Terms of Service.