Usage Policy – Stock Mall Platform
Introduction
Welcome to Stock Mall Platform (“Platform”). By accessing or using the Platform, you agree to be bound by these Terms of Use (“Terms”), which govern the relationship between the Platform and its Users. Please read these Terms carefully before using the Platform
2. Definitions
The platform: the Stock Mall website or application.
Seller: Anyone who displays their products for sale through the platform.
Buyer: Anyone who purchases products through the platform.
User: Any individual or entity accessing or using the Platform in any capacity.
3. Nature of the Platform
The Platform operates solely as an electronic intermediary connecting Sellers and Buyers. The Platform is not a party to any transaction between Sellers and Buyers and shall not be held liable for any product quality, conformity, legality, or performance. The Platform does not hold, manage, or process any user funds, digital wallets, or escrow accounts under any circumstances. All financial transactions are conducted directly between the Seller and the Buyer.
4. Seller Registration Requirements
The Seller agrees to
Commercial Register (for Saudi residents) or equivalent legal
documentation (for international Sellers).
Ensure full accuracy and completeness of all
provided information. • Refrain from listing:
• Counterfeit or forged products.
Products that infringe intellectual property rights. • Products prohibited under the laws of the Kingdom of Saudi Arabia.
Comply with all applicable regulations, including those issued by the Zakat, Tax, and Customs Authority (ZATCA), where applicable.
The Platform reserves the right to suspend or terminate any non-compliant account without prior notice.
5. Seller Obligations
The Seller agrees to
The Seller shall: • Ensure accuracy and completeness of product descriptions.
• Ensure product images accurately reflect the actual items.
• Guarantee product quality, safety, and freedom from defects
• Comply with all applicable laws and regulations in the Kingdom of Saudi Arabia.
• Fulfill orders within the specified timeframe and notify Buyers of any delays.
• Bear all costs associated
with returns or exchanges resulting from defects or errors.
6. Subscriptions Commissions, and Auctions
6.1 Subscriptions and Commissions
• Sellers agree to pay a monthly subscription fee for using the Platform
A commission applies to each completed sale.
• Commissions shall be recorded as outstanding financial obligations and must be settled within the specified timeframe.
• The Platform does not perform automatic deductions from any User.
If the monthly subscription is not paid within a maximum period of (7) days from the due date, the seller’s account will be temporarily suspended until payment is made.
• Unpaid may result in account suspension or restricted access.
Auction Fees
• Auction listing fees are determined based on product type, value, and quantity.
• All fees are disclosed
prior to listing and are
payable upon publication,
regardless of sale
outcome
6.3 Auction Regulations
• Any manipulation of auctions, including shill bidding, is strictly prohibited.
• Suspected violations may result in cancellation and account action.
• Withdrawal from auctions without valid justification is prohibited
7. Buyer Obligations
The Buyer shall
• Provide accurate and complete information.
complete information. • Pay the full order amount
Inspect products upon receipt.
• Review product
descriptions carefully before purchase. Return requests shall not be accepted in the following cases:
• After product use
• If the issue was clearly
disclosed in the product description.
8. and Exchange Policy
• Exchange requests must be submitted within five (5) days of receipt.
• Return requests due to defects or non-conformity must be submitted within twenty-four (24) hours.
"Clear evidence (such as photos or reports) is required
All returns and refunds are handled directly between the Seller and the Buyer.
The Platform assumes no financial responsibility.
9. Payments
All payments are conducted directly between the Seller and the Buyer.
The Platform does not manage or process funds and bears no
responsibility for any financial transactions.
10. Disputes
Disputes must be raised within seven (7) days of receipt.
The Platform’s role is limited to non-binding
The Platform bears no legal or financial
responsibility for dispute outcomes.
11. Anti-Fraud Measures
Any suspected fraud or
may result in suspension, restriction,
• Immediate account suspension
permanent termination of the account
12. Intellectual Property
All content on the Platform is the property of Stock Mall.
Unauthorized use, reproduction, or distribution is strictly prohibited.
Sellers are solely responsible for any intellectual property violations.
13. Disclaimer
To the fullest extent permitted by applicable law, the Platform shall not be held liable for:
• Product quality, safety,
or conformity.
• Financial obligations between Sellers and Buyers.
• Any losses, damages, or business interruptions.
• Actions or decisions taken by governmental authorities.
14. Force Majeure
The Platform shall not be liable for any delay or failure resulting from events beyond its reasonable control. ⸻
15. Termination of Use
Violation of these Terms
may result in suspension, restriction,
suspension, restriction, or
permanent termination of the account
16. Governing Law
These Terms shall be governed by and construed in accordance with the laws of the Kingdom of Saudi Arabia. Saudi courts shall have exclusive jurisdiction over any disputes.
17. Special Notice
Due to the nature of wholesale and clearance trading (“Stock”), transactions are considered commercial in nature; therefore, certain consumer protection provisions may not apply.
18. General Provisions
The Platform reserves the right to amend these Terms at any time.
Continued use constitutes acceptance of any modifications.
If any provision of these Terms is held to be invalid or unenforceable, the remaining provisions shall remain in full force and effect.