TERMS OF SALE OF SERVICES ON ARMENIAN MARKETPLACE PLATFORM
1. Therein defined and specified Terms and Conditions for the sale of services on the Armenian
Marketplace platform apply when using the www.armmp.com website to order and pay for the Services of
the Seller.
2. Terms and Definitions:
2.1. Seller – a person registered and operating outside the Republic of Armenia, who has entered
into an agreement with the Client as a Seller (Executor) of the Service. Other persons, who have
entered into an agency agreement with the Seller, are entitled to act on behalf of the Seller.
2.2. Marketplace – an online trading platform, Armenian Marketplace, which provides access to
information concerning the Services and which serves as a platform for the remote sale of the
Services to the Buyers. Marketplace owner is GG Investments LLC, Registration number:
286.110.1229416 / 2022-04-07, Tax ID: 02859123.
2.3. Buyer – an individual, who purchases Services on the Marketplace via payment instruments,
including bank cards of VISA, MasterCard, Armenian Card and MIR payment systems, as well as other
methods of payment accessible on the Marketplace.
2.4. Services – action or operations, the results of which do not have a material expression and
which the Seller carries out using online channels.
2.5. Conditions – herein provisions for the sale of services on set out on the Marketplace.
2.6. Contract – the Terms of Sale of Services on Armenian Marketplace Platform.
3. The Buyer is considered to be informed with herein Contract, information about the Seller,
accepts them fully and unreservedly and confirms that he fully understands the said Contract and the
information about the Seller by making a payment on the Marketplace.
4. The Buyer enters into the Contract directly with the Seller who provides the Service by making a
payment for the Service on the Marketplace. The Owner of the Marketplace accepts and collects the
payment for the Service on the Marketplace.
5. The Marketplace owner or the person acting on the behalf of the Marketplace owner, entrusted by
the Seller, carries out mutual settlements with the Buyer.
6. The Marketplace Owner may entrust the execution of the Contract or part of thereof to a third
party, remaining responsible for execution of herein Contract to the Buyer.
7. The Buyer accepts that their data, including personal information, is provided voluntarily to the
Marketplace, the Marketplace owner, and the Seller, and can be transferred in electronic form via
Internet for the purposes specified in the herein Contract.
8. The Marketplace has the right to restrict the Buyers’ ability to pay for the Service in case the
Buyer violates herein terms of the Contract.
9. The price for the Services is indicated both in the currency of the Seller’s country as well as
in US dollars
10. Payment for the Service is made in US dollars using bank cards of Visa, Master Card, Armenian
card (ArCa), MIR payment systems, as well as other methods of payment accessible on the Marketplace.
11. Settlements for transactions made by using payment cards as well as other methods of payment
accessible on the Marketplace are carried out by the bank specified in the settlement in accordance
with the rules of payment systems and the current legislation of the Republic of Armenia. The Buyer
has no right to pay on the Marketplace via payment card not being its legal holder.
12. The conversion of a foreign currency, that is all currencies except the currency of payment set
out in the par. 11 of the Contract, is processed in accordance with the rules of payment systems and
the Buyers card issuer.
13. The Buyers card issuer may charge an additional fee for the processing of the settlement, and
the Buyer is considered to be informed as to the amount and the procedure of charging fees by the
card issuer. As such, the Seller, the Marketplace and the Owner of the Marketplace are not
responsible for fees charged by the Buyers card issuer.
14. The Marketplace is not a party to transactions between the Buyer and the Seller and is not
responsible for the quality of the Services and the accuracy of information regarding the Services
provided by the Seller.
15. Information concerning the Services on the Marketplace, including descriptions, photographs,
logos and so forth is provided solely for the Buyers knowledge, and serves solely the purpose of
helping the Buyer to decide to enter into the Contract. Therefore, the aforementioned information is
not to be considered as an offer or an advertisement, and is posted solely for informational
purposes.
16. Claims regarding the Services or in connection with the provision of the Services, must be
submitted directly to the Seller. In that sense, neither the Marketplace owner, nor the Marketplace,
are authorized to accept and satisfy Buyers’ claims related to the provision or the quality of the
Services.
17. The Buyer shall contact the Seller to refund the sum paid for the provision of the Services.
Then, the Seller decides, whether to complete the refund, and informs the Marketplace owner on the
aforementioned matter. When the decision to complete the refund is made and brought to the attention
of the Marketplace owner, the sum paid for the provision of the Services shall be refunded through
the Marketplace in the same way that the payment for the Services was made.
18. Transaction through the Marketplace is possible, if the bank card used for payment is valid and
the card issuer had not set restriction on the processing of transactions in absence of such bank
card owner.
19. Transaction information is available through the Marketplace, in the manner prescribed in the
Contract, or is sent to the e-mail given that the Buyer provides such e-mail address and the
Marketplace allows such service). Information concerning the transaction is provided in the manner
and to the extent established by the legislation of the Republic of Armenia.
20. The Buyer is considered to be informed as to the results of the transaction from the time, when
transaction information is displayed on the Marketplace, communicated in the manner prescribed in
the Contract, or is sent via the e-mail provided by the Buyer (considering the Marketplace allows
such service).
21. The Marketplace is not responsible for the Buyers lack of access to the transaction information
through the channels specified in the par. 19 of the Contract, failure to receive the notification
on the completed transaction due to the Buyers inability to enter the Internet, disruptions in the
access to the communication networks, and any other circumstances which exceed the Marketplaces’
control or are ultimately the result of the Buyers actions.
22. The Buyer is unable to waive their acceptance of the transaction from the moment, when the
e-document, confirming the transaction, is issued. The Buyer shall contact the Seller directly and
receive the refund according to the procedure, specified in the art. 17 of the Contract.
23. The Parties to the Contract are liable for non-performance or improper performance of their
respective duties under the Contract in accordance with the legislation of the Republic of Armenia
applicable at the time of the conclusion of the Contract.
24. The Marketplace as well as the bank conducting the transaction are not liable in cases where
direct or indirect damage caused to the Buyer or the Buyers property through no fault of the
Marketplace or the bank, and / or when the transfer of funds was carried out in violation with the
deadlines and other requirements, established by the rules of the payment system, through the fault
of a third-party issuer or other intermediaries in the transaction, and for any other damages caused
to the Buyer or to the Buyers property through acts or omissions not related to the Marketplace or
the bank.
25. The Marketplace hereby notifies the Buyer of the increased risk of making monetary transfers on
the Internet. To reduce the risks, the Buyer shall undertake all necessary measures and ensure the
security and protection of information and documents exchanged under the Contract.
