Terms & Conditions

1. About the Platform

TwinBP is a digital procurement marketplace operated by Tropcey Technologics (Private) Limited, a company incorporated in Sri Lanka.

TwinBP provides a technology platform that enables Buyers and Suppliers to connect, negotiate, and complete transactions.

TwinBP is not a seller of products.

TwinBP acts as a limited marketplace facilitator and conditional payment escrow agent.

TwinBP does not manufacture, store, own, or physically handle goods.

2. Acceptance of Terms

By registering or using TwinBP you agree to:

  • These Terms
  • Privacy Policy
  • Applicable Sri Lankan laws

If you do not agree, you must not use the platform.

3. Eligibility

You must:

  • Be 18+ OR use under guardian supervision
  • Provide accurate identity details
  • Not be barred by law from entering contracts

Suppliers must pass verification before listing products.

TwinBP may suspend accounts for safety, fraud prevention, or legal compliance.

4. Marketplace Role (IMPORTANT LEGAL POSITION)

TwinBP provides:

  • Request-for-quotation system
  • Supplier selection interface
  • Payment holding service (escrow)
  • Delivery confirmation system

TwinBP does NOT:

  • Sell products
  • Provide warranties
  • Guarantee quality
  • Take ownership of goods

The sale contract exists only between Buyer and Supplier.

TwinBP's role is limited to facilitating payment and communication.

5. Payment Escrow Process

  1. Buyer selects Supplier
  2. Buyer pays TwinBP (escrow holding)
  3. Supplier delivers product
  4. Buyer confirms via OTP
  5. Payment released to Supplier

TwinBP holds funds as a neutral intermediary only.

TwinBP is not a trustee, insurer, or guarantor of transaction performance.

6. Delivery & Acceptance

The Buyer must inspect goods before sharing OTP.

Sharing OTP means:

  • Product received
  • Visible condition accepted

However:

OTP confirmation does NOT remove statutory consumer rights for:

  • Wrong item
  • Hidden defects
  • Counterfeit products
  • Safety issues

Such claims must be made within 24 hours of delivery.

7. Refunds & Disputes

Before OTP

TwinBP may hold payment and investigate disputes.

After OTP

Refunds handled as follows:

Situation Responsibility
Wrong product Supplier liable
Damaged on arrival Supplier liable
Hidden defect Supplier liable
Change of mind Not refundable

TwinBP may temporarily freeze supplier payments during investigation.

TwinBP may assist dispute communication but is not the adjudicating authority.

8. Supplier Responsibility

Supplier guarantees:

  • Product legality
  • Authenticity
  • Safety compliance
  • Warranty validity
  • Accurate description

Supplier indemnifies TwinBP from product-related claims.

9. Platform Rules

Users must NOT:

  • Use false identity
  • Interfere with system
  • Upload harmful content
  • Conduct illegal trade
  • Circumvent payment system
  • Trade prohibited items

Violation may result in account suspension and reporting to authorities.

10. Prohibited Products

The following cannot be traded:

  • Illegal imports
  • Weapons
  • Counterfeit goods
  • Restricted electronics
  • Unsafe hardware
  • Regulated government-controlled equipment

Supplier bears legal liability for violations.

11. Limitation of Liability

TwinBP is not liable for:

  • Product defects
  • Delivery delays
  • Supplier misconduct
  • Warranty disputes
  • Indirect losses
  • Business interruption

Maximum liability of TwinBP is limited to the service fee collected for that transaction.

12. Data Protection (PDPA Compliance)

TwinBP processes personal data for:

  • Account operation
  • Transaction execution
  • Fraud prevention
  • Legal compliance

Users have rights to:

  • Access personal data
  • Correct data
  • Request deletion
  • Withdraw consent

Data retention: up to 7 years for legal compliance.

Data may be shared with:

  • Payment providers
  • Delivery partners
  • Authorities if required by law

13. Communications

You agree to receive:

  • SMS
  • Email
  • App notifications

related to orders and services.

You may opt-out of marketing messages.

14. Suspension & Termination

TwinBP may suspend accounts for:

  • Fraud risk
  • Legal compliance
  • Policy violation

Active transactions and held funds will be resolved before permanent closure.

15. Intellectual Property

All TwinBP software, branding, and content belong to TwinBP.

Users may not copy, reverse engineer, or exploit the platform.

16. Force Majeure

TwinBP is not liable for failures caused by events beyond control including:

  • Network failures
  • Government restrictions
  • Natural disasters
  • Supplier shutdown

17. Governing Law

Governed by the laws of Sri Lanka.

Disputes fall under Sri Lankan courts jurisdiction.

18. Contact

Support: [email protected]

Company: Tropcey Technologics (Private) Limited

Phone: +94 11 234 5678