Developer Payment Terms
Nexus is designed to help developers offering premium in-game content generate revenue, allowing you to concentrate on creating innovative apps, games, and features rather than handling content delivery and managing payments. These Nexus Developer Payments Terms (the “Terms”) govern all developers using Nexus and are effective as of the latest revision.
Overview:
To enhance the quality, convenience, and security of the user experience on our platform, these Terms apply to every developer whose app integrates Nexus. Although section headers have been provided for clarity, it is important that you read these Terms in full so that you understand your rights, responsibilities, and our obligations.
Transactions:
Eligibility is determined solely at our discretion. You must be at least eighteen (18) years old to integrate Nexus into your app. Furthermore, if you are designated as an administrator for an app that uses Nexus , you must be at least sixteen (16) years old. Nexus reserves the right to revoke your eligibility to use Nexus at any time, based on our sole judgment.
Roles of the Parties:
By using Nexus, you accept full responsibility for fulfilling every transaction in accordance with the terms you have offered. Nexus is not a party to any underlying transaction between you and your users, except as specified in the Terms. You hereby appoint Nexus (“Nexus”) as your limited payment collection agent for the sole purpose of accepting payments on your behalf from users for content offered via your app. Depending on the region, this may include the collection of applicable taxes and fees. Payment made by a user to NPY shall be deemed as made directly to you, and you are obligated to fulfill your responsibilities as if you had received the payment yourself. NPY is responsible for remitting to you all payments received, less any amounts owed to Nexus or its affiliates under these Terms. Should NPY fail to remit the appropriate amounts due, your recourse will be limited solely to NPY.
Pricing:
Price-setting within your app is governed by specific rules. You may set prices for items for sale in your local currency, provided that such pricing is supported by the platform. You are prohibited from pricing an item differently based on a user’s electronic value balance. If you allow users to import your in-game virtual currency or items from your website or other linked platform, you must offer the same price on Nexus as you do on your own website or alternate platform for logged-in Nexus users. Additionally, you may not incentivize users to make purchases on other platforms by offering free or discounted goods or services that are not available to users making purchases on Nexus.
Prohibitions:
Nexus does not permit transactions that involve promotions or executions prohibited on our platform. You may not use Nexus to sell virtual currency or stored-value items that can be used outside the app in which the transaction was completed. Users are not allowed to cash out, redeem, or otherwise exchange purchased items for anything of tangible value. Moreover, you may not accept electronic value in one app and then deliver or transfer the purchased item to a user in another app without obtaining our prior authorization. For example, an app solely designed to facilitate transactions is not allowed. Except as an approved method of purchasing within your app or with our prior written consent, you may not sell, trade, or exchange electronic value—including Gift Card balances—with any third party, nor may you allow others to do so. Additionally, without our prior authorization, you may not accept payments for tangible goods or use Nexus to solicit, collect, or transfer funds for charitable causes. Any items, virtual currency, or services you offer on or through Nexus are considered content or apps posted by you under our Statement of Rights and Responsibilities. You must secure all necessary consents or rights from third parties if required, and you may not offer items that would obligate Nexus to pay fees or royalties to any third party. You agree to indemnify and hold Nexus harmless for any claims arising from your non-compliance with these obligations. Finally, unless explicitly authorized, you may not administer promotions on Nexus in which a user’s purchase contributes to eligibility for a prize of value. To request permission, please contact us with an opinion letter from your legal counsel explaining why your game does not constitute gambling and is lawful in all jurisdictions where the promotion is available.
Non-disclosure:
You must not use or disclose any user’s payment information obtained via Nexus for any purpose other than completing the transaction for which it was provided.
Other Terms Apply:
While you may offer supplemental terms and conditions in connection with your sales, such terms must not conflict with these Nexus Developer Payments Terms or other Nexus policies, including our Brand Asset Guidelines.
Balance Tracking:
Developer Balance:
Developers using Nexus will maintain a Developer Balance with Nexus. Each time you complete a sale on our platform, the proceeds from that sale—after deducting our service fee—will be credited to your Developer Balance.
Nature of Service:
Nexus is not a bank and does not offer banking services. Your Developer Balance does not accrue interest, is not considered a deposit, and is not insured by any governmental or private insurance entity. All Developer Balances are denominated in United States Dollars. If your transaction is conducted in a different currency, the proceeds will be converted at the prevailing exchange rate on the day of the transaction before being credited to your Developer Balance.
Payout:
Your Developer Balance will be redeemed under the following conditions. We will process redemption payments only if your current banking information and any other required documentation (such as identification or tax documents) are on file with us. Payments will be made exclusively to the account registered in your Developer’s Company Settings. Redemptions are processed approximately 21 days after the end of the applicable bimonthly period (either the 1st through the 15th of the month or the 16th through the end of the month) in which the transaction occurred, unless otherwise specified. Developer Balance redemptions are made solely in United States Dollars. Should the balance due for any given period be less than One Hundred United States Dollars ($100.00), the amount will roll over to the next payout cycle unless your account is being deactivated or it has been one year since your last redemption or your first use of Nexus. We may delay payouts in connection with any investigation, but such delays will not exceed 180 days from the transaction date. Additionally, we reserve the right to withhold any portion of your Developer Balance if it was earned due to any breach of these Terms, involved fraudulent or illegal activity, or resulted in disputes or issues with returned, undelivered, or rejected goods or services. We may also deduct any amounts you owe to Nexus on your payout. If your outstanding balance exceeds your Developer Balance, we may charge or debit your registered payment instrument to cover the deficit. Failure to pay amounts due on demand constitutes a breach of these Terms, and you will be liable for the amount collected plus any associated costs, including attorney fees, court costs, and interest.
Discrepancies:
If a redemption payment is made in error, you are liable for the full amount of that payout. You agree to either reverse the erroneous payment or allow Nexus to reverse it on your behalf. Any disputed payout must be reported in writing within 30 days of receiving the payment; failure to do so will be considered a waiver of any related claim.
Abandoned Property:
If you do not provide valid payment or identification information when required, we may, to the extent permitted by law, terminate your ability to maintain a Developer Balance and process any remaining balance according to applicable legal requirements.
Your Responsibilities and Risks:
Voidability:
You acknowledge that transactions involving minors may be voidable by law, and you may be required to refund payments made by such users.
Dispute Resolution:
You are solely responsible for resolving any disputes that arise between you and your users, including those that we may notify you of via our provided tools or systems. While Nexus may assist in dispute resolution, we are under no obligation to do so.
Cooperation:
You agree to provide us with any records we request related to disputes between you and a user. You also agree to notify us promptly if you receive any inquiries from government agencies regarding Nexus.
Fraud:
You agree to cooperate with us in preventing fraudulent or illegal transactions. As part of our anti-fraud efforts, we may limit the number of transactions or the volume of payments you can process during a specific period. We reserve the right to suspend, remove, or disable access to any product or service at any time without notice and assume no liability for such actions.
No Liability:
Nexus shall not be liable for any compensation, reimbursement, or damages arising from lost prospective profits, anticipated sales, goodwill, or investments associated with your use of Nexus. Nexus is also not liable for any termination or suspension of the payment services.
Subscriptions:
If you offer subscriptions within your app or for any feature therein, you must continue to provide the app or feature to subscribed users through the end of the active subscription period or refund any unused portion on a pro-rated basis.
Chargebacks:
You will be responsible for all chargebacks relating to transactions identified within 90 days of the transaction date. For the purpose of these Terms, “chargebacks” refer to reversals of payment initiated by a third-party payment provider. Nexus will assume responsibility for chargebacks identified after 90 days, unless (a) we determine that the transaction was conducted in violation of these Terms, or (b) your chargeback rate in any of the three preceding months exceeds five percent of your total transaction volume for that month.
Offset:
If we provide refunds or other compensation to a user due to any transaction issue or claim arising from your products or services, you agree that Nexus may recover from you any monetary losses incurred as a result.
Taxes:
As a Massachusetts-based developer, you acknowledge that Nexus will report the gross amount of payments you receive as required by applicable U.S. tax law. Any duties, taxes, or fees applicable to the redemption of your Developer Balance may be adjusted against our service fee, ensuring that the net fee remains at 30%. You agree to indemnify and hold Nexus harmless from any claims arising from your failure to comply with these tax-related obligations. Nexus will withhold applicable state and federal taxes as required by law. If any sales to users require additional tax withholding, those amounts will be remitted to the appropriate tax authorities.
Additional Terms:
Conflict of Terms:
In the event of any conflict between the Statement of Rights and Responsibilities and these Terms, these Terms shall control.
Conflict of Laws:
Certain jurisdictions may restrict or prohibit the use of Nexus. Nothing in these Terms is intended to override or circumvent any such local laws.
Courtesy Translations:
These Terms were drafted in English (US). In the event of any discrepancies between a translated version and the English version, the English version shall prevail.
Assignment:
Nexus reserves the right to assign or delegate any of its obligations or rights under these Terms without limitation.
Amendments:
We may revise these Terms at any time without prior notice, as permitted by law. The version of the Terms in effect at the time you confirm a transaction will govern that transaction.
Notice to You:
We may provide notices to you by posting them on the Nexus Developer Blog or sending them to the email or street address you have provided. Notices sent via website or email are deemed received within 24 hours of posting or sending, while postal mail notices are considered received within three business days. We will provide you with 30 days’ notice of any changes to our service fee.
Notice to Us:
Unless otherwise specified, you must send any notices relating to Nexus and these Terms by postal mail to: Nexus, Attn: Legal Department, 205 River St, Haverhill, Massachusetts, 01832.
“Us”:
For all purposes under these Terms, “us,” “we,” “our,” or “Nexus” refers exclusively to Nexus Real Estate Group. All transactions processed through Nexus are handled by us, and by using our services, you agree to these Terms in their entirety.
