Terms of Use

Terms of Use of DynamicPricing AI


Types of Data collected

DynamicPricing AI or the (Owner) does not provide a list of Personal Data types collected.

Complete details on each type of Personal Data collected are provided in the dedicated sections of this privacy policy or by specific explanation texts displayed prior to the Data collection.

Personal Data may be freely provided by the User, or, in the case of Usage Data, collected automatically when using this Application.

Unless specified otherwise, all Data requested by this Application is mandatory and failure to provide this Data may make it impossible for this Application to provide its services. In cases where this Application specifically states that some Data is not mandatory, Users are free not to communicate this Data without consequences to the availability or the functioning of the Service.

Users who are uncertain about which Personal Data is mandatory are welcome to contact the Owner.

Any use of Cookies – or of other tracking tools — by this Application or by the owners of third-party services used by this Application serves the purpose of providing the Service required by the User, in addition to any other purposes described in the present document.

Users are responsible for any third-party Personal Data obtained, published, or shared through this Application.

Mode and place of processing the Data

Methods of processing

The Owner takes appropriate security measures to prevent unauthorized access, disclosure, modification, or unauthorized destruction of the Data. The Data processing is carried out using computers and/or IT enabled tools, following organizational procedures and modes strictly related to the purposes indicated. In addition to the Owner, in some cases, the Data may be accessible to certain types of persons in charge, involved with the operation of this Application (administration, sales, marketing, legal, system administration) or external parties (such as third-party technical service providers, mail carriers, hosting providers, IT companies, communications agencies) appointed, if necessary, as Data Processors by the Owner. The updated list of these parties may be requested from the Owner at any time.

Place

The Data is processed at the Owner’s operating offices and in any other places where the parties involved in the processing are located. Depending on the User’s location, data transfers may involve transferring the User’s Data to a country other than their own. To find out more about the place of processing of such transferred Data, Users can check the section containing details about the processing of Personal Data. Retention time Unless specified otherwise in this document, Personal Data shall be processed and stored for as long as required by the purpose they have been collected for and may be retained for longer due to applicable legal obligation or based on the Users’ consent.

Terms of Use – DynamicPricing.AI for Shopify

By installing or using the DynamicPricing.AI Shopify app (the “App”), you agree to these Terms of Use (“Terms”). If you do not agree, do not use the App.

  1. The App

Dynamic Pricing Ltd., a company duly registered in the Bulgarian Commercial Registry (“DynamicPricing.AI”) provides automated pricing and related tools for Shopify merchants. Features and functionality may change at any time.

  1. License and Intellectual Property
  • DynamicPricing.AI grants you a limited, non-exclusive, non-transferable, revocable license to use the App solely for your internal business purposes while you have an active subscription.
  • The App, including all software, algorithms, designs, and related intellectual property, is owned by DynamicPricing.AI or its third-party licensors.
  • DynamicPricing.AI retains all right, title, and interest in and to the App. No rights are granted to you other than those expressly stated in these Terms.
  1. Restrictions

You may not:

  • Copy, modify, distribute, sell, sublicense, or lease the App
  • Reverse engineer, decompile, disassemble, or attempt to derive the source code, algorithms, or underlying ideas of the App
  • Use the App for any unlawful purpose or in violation of Shopify’s terms
  1. Fees and Payment
  • All fees are non-refundable, unless explicitly stated otherwise in writing.
  • Unless otherwise stated, fees are not usage-based and are charged on a subscription or flat-fee basis.
  • You are responsible for all charges associated with your selected plan, including applicable taxes.
  • Non-payment may result in suspension or termination of access to the App.
  1. Data

You grant DynamicPricing.AI permission to access and use your store data as necessary to provide the App’s functionality. DynamicPricing.AI does not claim ownership of your data.

  1. No Guarantees

The App is provided “as is.” DynamicPricing.AI makes no guarantees regarding results, including pricing outcomes, revenue, or profitability.

  1. Limitation of Liability

To the maximum extent permitted by law:

  • DynamicPricing.AI will not be liable for any indirect, incidental, special, or consequential damages.
  • DynamicPricing.AI’s total liability arising out of or related to the App will not exceed the total fees paid by you to DynamicPricing.AI in the twelve (12) months preceding the claim.
  1. Confidentiality

 

Each party agrees to hold the other party’s Confidential Information in strict confidence and not to disclose it to any third party (other than as necessary to provide the App’s functionality) or use it for any purpose other than as contemplated by this Agreement. “Confidential Information” means any non-public information disclosed by one party to the other in connection with this Agreement.

These obligations do not apply to information that: (a) is or becomes publicly available through no fault of the receiving party; (b) was known to the receiving party prior to disclosure; (c) is received from a third party without restriction; or (d) is independently developed without use of the disclosing party’s Confidential Information.

The confidentiality and non-use obligations will survive for 3 years following the end of your use of the App.

 

  1. Arbitration

Any dispute arising out of or relating to these Terms shall be finally resolved by binding arbitration in Sofia, Bulgaria, in accordance with the rules of the Arbitration Court at the Bulgarian Chamber of Commerce and Industry. The arbitration shall be conducted in English by a single arbitrator. The arbitrator’s award shall be final and binding, and judgment on the award may be entered in any court of competent jurisdiction.  However, either party may bring a court claim: (i) for nonpayment of fees; (ii) to enforce the arbitration provisions of the Agreement; or (iii) for equitable relief as described below.

 

  1. Equitable Relief

Each party acknowledges that a breach by the other party of any confidentiality or intellectual property rights provisions of the Agreement may cause the non-breaching party irreparable damage, for which the award of damages would not be adequate compensation. Consequently, the non-breaching party may seek to enjoin the breaching party from any breach or threatened breach of those provisions, in addition to any other relief to which the non-breaching party may be entitled at law or in equity.

  1. Governing Law

These Terms are governed by the laws of the State of New York, without regard to conflict of law principles.

  1. Termination

You may stop using the App at any time by cancelling your subscription. DynamicPricing.AI may suspend or terminate access if these Terms are violated. Upon termination, the license granted to you ends immediately.

  1. Changes to These Terms

DynamicPricing.AI may update these Terms from time to time. Continued use of the App after changes means you accept the updated Terms.