Understanding Shopifys Legal Terms

Summary

Shopify Payments Services acts as a payment processing intermediary, handling account boarding, underwriting, and data transmission to integrate with a payment processor. Shopify Platform Services provides online storefronts, shopping carts, and store management services. Both are not banks but service providers facilitating these functions. For specific legal implications or obligations, consulting a legal professional is advisable.

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does this make sense to you
It seems like there might be a misunderstanding or miscommunication in the conversation. The initial question asked for the person's name, but the response was unrelated, asking about mentioning entity names. It might be helpful to clarify the person's needs or context to provide more relevant assistance.
Our Role The Shopify Payments service (“Shopify Payments” or the “Payments Services”) is a: (i) payment account boarding; (ii) payment underwriting; and, (iii) payment data transmission service that helps you integrate with a payment processor (the “Processor”), as described more fully in this Agreement. The Payments Services may also apply to your use of point-of-sale equipment (“POS Equipment”), subject to availability and to your election to procure the same. You hereby appoint us as your agent to deliver information and instructions on your behalf to the Processor. T.B.C
It seems like you're referencing a section of an agreement related to Shopify Payments. If you have a specific legal question about this service or agreement, feel free to ask! Are you looking for clarification on a specific part of the agreement?
Under the separate Shopify Platform Terms of Service (the “Shopify Platform Terms”), Shopify Inc. provides you with its online storefront, shopping cart, store management, marketing, and other services (collectively, the “Shopify Platform Services”). The Shopify Platform Terms are incorporated herein by reference and by accepting this Agreement you are also accepting them. Neither Shopify Inc. nor Shopify International Limited is a bank, payment institution, or money services business, but are instead, respectively, a supplier of the Shopify Platform Services supplied under the Shopify Platform Terms and of the Payments Services under this Agreement.
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It seems like you're trying to understand the legal implications of the Shopify Platform Terms and the Payments Services Agreement. If you have specific questions about these terms, such as their impact on your business operations or obligations, please let me know!
sure, can you breakdown their role here please
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Based on the information provided, it seems like you're trying to understand the roles outlined in the Shopify Payments and Shopify Platform Terms. Here's a breakdown:
- Shopify Payments Services: Acts as a payment processing intermediary, handling account boarding, underwriting, and data transmission to integrate with a payment processor.

- Shopify Platform Services: Provides online storefronts, shopping carts, and store management services.
Both are not banks but service providers facilitating these functions. If you have specific legal implications or obligations to discuss, it might be beneficial to consult a legal professional.