Version 1.0 | Effective July 17, 2026

These Payments & Stripe Connect Onboarding Terms ("Payment Terms") apply when you, as an event organizer, connect a payout account so you can accept payments and receive money for your events on AFICH. They are part of, and should be read together with, the AFICH Organizer Agreement and the AFICH Terms of Service. If there is a conflict on payout timing, holds, reserves, or organizer money obligations, the Organizer Agreement controls, except where applicable law requires otherwise.

AFICH is operated by AFICH LLC, a Delaware limited liability company (United States) ("AFICH," "we," "us").

1. What these Payment Terms cover

• How payments and payouts work on AFICH.
• What you agree to when you create or connect a Stripe account to receive money.
• What AFICH does, and what Stripe does, in the payment process.
• What is required to be approved to accept charges and receive payouts, and what happens if that verification is incomplete or fails.

What this means: This page explains the money side of being an organizer- how you get paid, who checks your identity, and what can pause your payouts.

2. AFICH is a technology platform, not a bank

AFICH provides event-ticketing and payment-facilitation technology. AFICH is not a bank, money transmitter, or money-services business, and does not hold your funds as a deposit or take custody of money as a financial institution.

• You are the seller and merchant of record for your own events. Buyers are purchasing from you; AFICH provides the platform and payment tooling.
• Regulated payment functions- collecting card details, moving money, verifying identity, and applicable anti-money-laundering (AML) and know-your-customer (KYC) checks- are performed by our payment provider, Stripe, through Stripe Connect, not by AFICH.
• AFICH's systems are designed to comply with applicable payment-network rules and relevant law, and to route regulated payment activity to Stripe. AFICH does not represent that it performs, or is licensed to perform, money-transmission or banking activities.

What this means: You sell your own tickets. AFICH gives you the software; Stripe handles the actual card processing, identity checks, and money movement. AFICH is not your bank.

3. Payments run through Stripe Connect

AFICH uses Stripe Connect to process payments and to pay organizers. Payments generally use a separate charges and transfers model: buyers are charged through Stripe, and organizer earnings are transferred to your connected Stripe account after AFICH applies the payout rules described in Section 8.

To accept payments and receive payouts on AFICH, you must create or connect a Stripe connected account and complete Stripe's onboarding.

What this means: Money from your ticket sales flows through Stripe. To get paid, you need a Stripe connected account linked to your AFICH organizer account.

4. Your Stripe connected account and Stripe's own agreements

When you create or connect a Stripe connected account through AFICH, you enter into a direct relationship with Stripe for payment processing. That relationship is governed by Stripe's own agreements, including:

• the Stripe Connected Account Agreement; and
• the Stripe Services Agreement (which incorporates Stripe's terms for connected accounts).

By onboarding, you represent that you have read and agree to Stripe's applicable agreements. Those agreements- not these Payment Terms- govern your relationship with Stripe, including how Stripe verifies you, holds or reserves funds under its own rules, handles disputes at the processor level, and may restrict or close your Stripe account.

• These Payment Terms and the Organizer Agreement govern your relationship with AFICH.
• Stripe's agreements govern your relationship with Stripe.
• Where Stripe's agreements and AFICH's terms address the same subject, each applies to the party it names; neither AFICH nor Stripe controls the other's contract with you.

What this means: Stripe is a separate company with its own contract you agree to. That contract governs Stripe's part; AFICH's terms govern AFICH's part. Read Stripe's agreements- they are binding on you.

Reference: Stripe Connected Account Agreement and Stripe Services Agreement are published by Stripe. Links are provided during onboarding and in your organizer dashboard.

5. Identity verification, KYC/AML, and business and tax information

Identity verification and any required business, banking, and tax information for your connected account are collected and verified by Stripe as part of Stripe Connect onboarding.

• Stripe performs KYC/AML. Stripe collects and verifies identity, business, ownership, banking, and tax details as required to enable your account, applying its own KYC/AML and sanctions processes and applicable law.
• AFICH does not perform this verification and does not decide whether Stripe verifies you. AFICH receives and mirrors your account status from Stripe (for example, whether your account is enabled to accept charges and to receive payouts) and uses that status to enable, delay, restrict, or hold payouts.
• You may be asked for more information over time. Stripe may request additional identity, ownership, business, or documentation at onboarding or later. Providing it promptly is your responsibility.

What this means: Stripe- not AFICH- checks who you are and whether your business and banking details are valid. AFICH only sees the result (verified or not) and follows it.

6. AFICH does not store card data

Payment card collection is hosted by Stripe (for example, through Stripe-hosted checkout or Stripe payment fields). Full card numbers are entered into Stripe-controlled fields, not AFICH-controlled forms.

• AFICH does not store full card numbers.
• AFICH stores payment references, order and checkout snapshots, refund, dispute, settlement, and payout records needed to operate the platform and meet legal, accounting, tax, fraud-prevention, and dispute obligations.
• Card-level PCI handling is Stripe's responsibility as the processor; AFICH's use of Stripe-hosted collection is designed to comply with applicable requirements by keeping card data off AFICH systems.

What this means: Your buyers' card numbers go straight to Stripe, never onto AFICH's servers. AFICH keeps records about the order and payout, not the card itself.

7. Accuracy of onboarding information

You agree that all information you provide for onboarding- through AFICH or directly to Stripe- is accurate, complete, and current, and you agree to keep it up to date.

• Provide truthful identity, business, ownership, banking, and tax information.
• Update your details promptly when they change (for example, a new bank account, a change in business ownership, or a new legal or trading name).
• You are responsible for the tax, licensing, permit, consumer-protection, safety, and other legal obligations that apply to your events and your business.

What this means: Put in true, up-to-date information and keep it current. Wrong or stale details can stop your payouts and may breach these terms.

8. Payout timing, escrow, holds, and reserves

Payout timing and amounts are governed by the escrow, hold, and reserve terms in the Organizer Agreement, and by your account status, verification, refund and dispute exposure, and applicable law. These Payment Terms do not restate those terms; they cross-reference them so the two stay aligned.

At a high level, and as detailed in the Organizer Agreement:

• Buyer funds are generally held until the event occurs before organizer earnings are released.
• Payouts are subject to a tier-based payout hold and, where applicable, a risk reserve.
• As the seller of your events, you bear chargeback and dispute liability, which AFICH may recover by withholding, offsetting, or deducting from your balance, reserve, or future payouts, as described in the Organizer Agreement and Terms of Service.
• AFICH may delay, hold, offset, or suspend payouts where account status, fraud risk, disputes, sanctions, refunds, or legal obligations require it.

What this means: Getting paid is not instant. Money is generally held until your event happens, minus holds and a reserve, and chargebacks come out of what you're owed. The exact timing and percentages live in the Organizer Agreement- read it.

Reference: See the Organizer Agreement sections on payouts, escrow/hold, and risk reserve, and Terms of Service §6.3 ("Payouts and Provider Verification").

9. Verification must be complete before you can be paid

You cannot receive payouts until Stripe has verified your connected account and it is approved to accept charges.

• If onboarding is incomplete (missing information or documents), or if verification fails or is placed under review, your account may be unable to accept charges, unable to receive payouts, or both.
• Sales made before your account is fully enabled may be held and released only once your account is approved, subject to the Organizer Agreement's payout rules.
• AFICH follows the enabled/disabled status Stripe reports. AFICH does not override Stripe's verification decision and cannot release a payout Stripe has not enabled.

What this means: No verification, no payouts. Finish Stripe's onboarding before you rely on getting paid, or your money may sit on hold until you do.

10. Sanctions and restricted-business screening

Your account and your events are subject to sanctions and restricted-business screening.

• You represent that you, your business, your owners, and your events are not subject to applicable sanctions and are not engaged in a prohibited or restricted business under Stripe's rules, payment-network rules, or applicable law.
• Stripe applies its own sanctions and restricted-business screening as part of Connect onboarding and ongoing monitoring. AFICH may additionally decline, pause, or restrict activity that its controls or applicable law indicate is sanctioned, prohibited, or high-risk.
• Providing false information to evade screening, or using AFICH or Stripe for a prohibited or sanctioned purpose, is a serious breach of these terms and may result in suspension, termination, held funds, and reporting as required by law.

What this means: You confirm you and your events are allowed to use the payment system and are not on a sanctions list or in a banned business type. Stripe screens for this, and AFICH can act too. Lying to get around it is a serious breach.

11. Stripe may independently restrict or close your connected account

Under Stripe's own agreements, Stripe may independently limit, suspend, reserve funds on, restrict, or close your connected account, or decline to enable it, based on Stripe's verification, risk, sanctions, or policy decisions.

• These are Stripe's decisions under Stripe's contract with you. AFICH does not make them and generally cannot reverse them.
• If Stripe restricts or closes your connected account, AFICH may be unable to process payments or release payouts for your events, and your ability to sell may be paused or ended until the issue is resolved with Stripe.
• Funds and disputes affected by a Stripe action are handled under Stripe's agreements and the Organizer Agreement.

What this means: Stripe can restrict or close your account on its own, for its own reasons. If it does, AFICH may not be able to pay you or process your sales until you sort it out with Stripe.

12. AFICH platform enforcement is separate

Independently of Stripe, AFICH may delay, hold, offset, or suspend payouts, restrict organizer access, require corrective action, or take other platform enforcement steps under the Terms of Service and Organizer Agreement- for example, for fraud risk, disputes, sanctions concerns, refund failures, or legal obligations.

What this means: Stripe acting on your Stripe account and AFICH acting on your AFICH account are two separate things. Either can pause your payouts.

13. Changes to these Payment Terms

AFICH may update these Payment Terms. Material changes to organizer money obligations will be surfaced through AFICH's acceptance flow and versioned. Stripe may separately change its own agreements; those changes are governed by Stripe.

What this means: These terms can change; we'll flag material changes. Stripe's terms can also change on Stripe's side.

14. Governing terms and questions

• These Payment Terms are part of, and incorporate by reference, the AFICH Terms of Service and Organizer Agreement, including their language, governing-law, and dispute-resolution provisions.
• Your relationship with Stripe is governed by Stripe's Connected Account Agreement and Stripe Services Agreement.
• Questions about payments and payouts on AFICH: contact AFICH organizer support. Questions about your Stripe account, verification, or a Stripe restriction: contact Stripe.

What this means: AFICH's terms cover the AFICH relationship; Stripe's terms cover the Stripe relationship. For payout questions ask AFICH; for Stripe-account questions ask Stripe.

15. Acceptance

By creating or connecting a Stripe connected account through AFICH, you confirm that you have read and agree to these Payment Terms, and that you have read and agree to Stripe's applicable Connected Account Agreement and Stripe Services Agreement.

What this means: Connecting your Stripe account means you accept both AFICH's payment terms and Stripe's own agreements.

The English-language version is the official and controlling text. Localized versions are provided for convenience only.