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Link to original content: http://stripe.com/in/legal/adaptive-pricing
Stripe Adaptive Pricing

Stripe Adaptive Pricing

Last updated: June 24, 2024

1. Stripe Adaptive Pricing Services.

These terms (“Stripe Adaptive Pricing Terms”) supplement your Stripe Services Agreement, and govern your use of the Stripe Adaptive Pricing Services (“Stripe Adaptive Pricing Services”). Stripe Adaptive Pricing Services are a price calculation tool provided by Stripe to Users that enables Users to present the price of the User’s goods and services in the Stripe Adaptive Pricing Services supported currencies.

2. Permitted Use.

You may use the Stripe Adaptive Pricing Services only in conjunction with the Stripe Payments Services.

3. Currency Exchange Rates.

3.1 Applicable Currency Exchange Rates.

The currency exchange rates the Stripe Adaptive Pricing Services display or apply to your Transactions may differ from the currency exchange rates Stripe obtains from its service providers or publicly available resources.

3.2 Effect of your use of Stripe Payment Services.

How you elect to set up your Stripe Payment Services may affect the application of currency exchange rates the Stripe Adaptive Pricing Services provides to your Customers. For example, if you manually set prices in a particular currency, then those prices may override the Stripe Adaptive Pricing Services' determined prices in that same currency and affect the overall currency exchange rate calculated for that Customer’s Transaction.

3.3 Currency Exchange Rate May Change

Stripe reserves the right to apply the applicable currency exchange rate as at the time the Customer’s Transaction settles, which might differ from the currency exchange rate the Stripe Adaptive Pricing Services used to present the Customer payable amount.

3.4 Adding and Removing Currency Exchange Rates.

Stripe reserves the right to add or remove Stripe Adaptive Pricing Services supported currencies at any time without notice.

4. No Foreign Exchange Service.

The Stripe Adaptive Pricing Services are a currency presentment tool and do not provide

(a) the supply of foreign currencies to you, or

(b) a foreign currency exchange or similar service.

5. Disclaimer.

You remain fully responsible for, and Stripe disclaims all liability with respect to:

(a) your fulfillment of your obligations under Law, including with respect to your use of the Stripe Adaptive Pricing Services;

(b) the accuracy of the prices the Stripe Adaptive Pricing Services present to you and your Customers and the currency exchange rates the Stripe Adaptive Pricing Services use and apply;

(c) any fees charged to you or your Customers by your bank or any other applicable financial institution; and

(d) your action, or failure to act, as a result of any directions or recommendations you receive related to the Stripe Adaptive Pricing Services.