Terms of service

Wallet nature, custody, and interest

The Chase Sets Wallet is a marketplace ledger account that Settlement maintains to record what Chase Sets owes to, or is owed by, your Account. It is not a bank account, and Chase Sets is not a bank. Chase Sets holds funds corresponding to Wallet balances as an operational matter of running the marketplace, not as a custodian acting on instructions outside the marketplace uses described in these Terms.

Whether Wallet balances are treated as a bank deposit or are covered by FDIC or other deposit insurance is not yet resolved and is not addressed by this document pending qualified counsel review.

Whether Chase Sets pays interest on Wallet balances is not yet resolved and is not addressed by this document pending qualified counsel review.

Cash-equivalent balance and Marketplace Credit

Amounts credited to your Wallet as ordinary available balance are cash-equivalent: spendable toward marketplace purchases and eligible for payout under the same readiness and clearance rules that apply to any other available balance. Chase Sets does not currently offer Marketplace Credit, a separate, non-withdrawable, promotional or prepaid form of value. If Chase Sets introduces Marketplace Credit in the future, it will be governed by its own terms, will never be summed into your spendable, payoutable Wallet balance, and will be clearly labeled as distinct from cash-equivalent Wallet funds.

Wallet Adjustment authority

Chase Sets may credit or debit your Wallet outside the ordinary course of a purchase or sale, called a Wallet Adjustment, for reasons that include: correcting a mis-posted ledger entry; correcting the wallet-side consequence of a payment refund; correcting a previously posted fee or fee-related credit; resolving a payment processor dispute; recovering confirmed fraud losses; resolving a support case within Chase Sets' published remedy authority; complying with a court order, regulator directive, or other legal mandate; extending a discretionary goodwill credit; and correcting Chase Sets' own operational errors. Every Wallet Adjustment is requested by one authorized Chase Sets operator and approved by a different authorized operator, who may never approve a request they submitted themselves, and is posted as a single, permanent Wallet ledger entry.

Provisional credits, corrections, and linked reversals

A Wallet Adjustment is never edited or deleted once posted. If Chase Sets later determines that a posted Wallet Adjustment was issued in error, in the wrong amount, or as a duplicate, Chase Sets corrects it by posting a new, linked Wallet Adjustment in the opposite direction, never by altering the original entry, so both the original and the correction remain visible in your Wallet history. A credit issued to you may later be corrected this way if it is found to have been posted in error.

Setoff

Where your Wallet has a Negative Balance, Chase Sets applies new sale proceeds, shipping allowances, and available adjustment credits to that Negative Balance before any remainder becomes eligible for payout or further spending. Chase Sets may similarly apply amounts it owes you, including future sale proceeds, refunds, and payouts, against amounts you owe Chase Sets under these Terms, to the extent the law allows, before releasing the remaining balance to you.

Negative balances and capability restrictions

Your Wallet can carry a Negative Balance when chargeback, refund, or payout-recovery obligations exceed your available balance. Creating or increasing a Negative Balance, and any Wallet Adjustment that would benefit the requesting or approving operator's own account or an account under their common control, always requires separation-of-duties approval beyond the ordinary single-approver path; self-benefiting adjustments are blocked outright, with no override. While your Account remains in Negative Balance at or beyond Chase Sets' configured threshold and grace period, Chase Sets may pause new listings and payout requests until the balance is restored to good standing.

Itemized history, notice, and disputes

Every Wallet Adjustment and other Wallet ledger entry is recorded permanently and is available to you in your Account's money summary. If you believe a Wallet entry is incorrect, you may raise it as a Support Request; Chase Sets investigates, responds, and records the resolution, and may correct the entry with a new, linked Wallet Adjustment where warranted. Chase Sets' published Help Center describes current response-time practice for order- and payment-related Support Requests.

Suspension, closure, dormant balances, and legal holds

Chase Sets may suspend or close your Account under these Terms and the policies that govern Account status. While your Account is suspended or closed, or while your Wallet is in Collections for a Negative Balance at or beyond Chase Sets' configured threshold, Chase Sets may pause new listings and payout requests, and may hold Wallet funds to the extent needed to satisfy obligations you owe under these Terms, a legal process, or an active dispute. Chase Sets releases remaining Wallet funds once the restriction giving rise to the hold is resolved, subject to any legal process directing otherwise.

Effective date, change notice, and acceptance

This Wallet Adjustment authority takes effect on the version's effective date recorded in this artifact's publication metadata. Chase Sets describes any material change to this Wallet Adjustment authority in a future version of these Terms and requires renewed acceptance under the changes-notice-and-acceptance subject below before the change applies to your Account.

Evidence-backed and fair use

Chase Sets bases every Wallet Adjustment on the reason code, explanation, and evidence recorded at the time of the request, and requires a mandatory written explanation for any adjustment that does not fit a more specific reason code. Wallet Adjustments are a governed correction mechanism, not a discretionary source of forfeiture: Chase Sets does not debit your Wallet to punish you or to seize funds without a stated, evidence-backed reason connected to the categories described in the Wallet Adjustment authority subject above.

Marketplace role and limited payments agent

Chase Sets operates an online marketplace that connects buyers and sellers of trading cards and related collectibles. When you sell through Chase Sets, you, not Chase Sets, are the seller of the item, responsible for its description, condition, and lawful sale; when you buy through Chase Sets, your contract for the item is with the seller, not with Chase Sets, apart from the marketplace, payment-collection, and platform services Chase Sets itself provides under these Terms. Chase Sets processes buyer payments through its payment processor and initially collects those funds on Chase Sets' own platform account. Chase Sets then remits the seller's net proceeds, after the fees described in the Marketplace Sales Fee Schedule and the Marketplace Checkout Fee, to the seller's connected payout account once the seller requests and qualifies for payout under Chase Sets' payout-readiness rules. In this capacity, Chase Sets acts as the seller's limited payments collection agent for the sole purpose of collecting and remitting sale proceeds, and Chase Sets' acceptance of a buyer's payment satisfies the buyer's payment obligation to the seller for that order.

Eligibility and accounts

You must be at least 18 years old and able to form a binding contract to create a Chase Sets Account. You are responsible for the accuracy of the information you provide when you register, for keeping your contact information current, and for safeguarding your credentials, including any password, passkey, or API key. Chase Sets may screen registration and decline, delay, or condition an Account, including through an invitation or waitlist process. Notify Chase Sets promptly through a Support Request if you believe your Account or credentials have been compromised.

The extent to which an account holder is responsible or liable for actions taken by an authorized agent remains unresolved pending qualified counsel review.

Listings, offers, and contract formation

A seller creates a Listing describing an item for sale. A buyer may purchase a Listing directly at checkout or submit an Offer that the seller may accept, counter, or decline. A binding sale contract between buyer and seller forms when Chase Sets' Ordering service records the Order, following direct-purchase checkout or Offer acceptance, a distinct and earlier step from payment capture, and the sale remains subject to the applicable cancellation, payment, and fulfillment terms described in these Terms and Chase Sets' published Help Center, including the buyer's limited self-service cancellation window before shipment. Chase Sets is not a party to the resulting sale contract and does not guarantee that a Listing or Offer is available, accurate, or free of error; sellers are solely responsible for honoring accepted Offers and completed purchases.

Conduct and incorporated policies

These Terms incorporate by reference, as if fully set out here, Chase Sets' other published policies to the extent they apply to your use of the marketplace: the Seller Agreement (chasesets.com/seller-agreement) for seller-specific obligations; the Payments Terms (chasesets.com/payments-terms) for payment processing; the Agent Connector Terms (chasesets.com/agent-terms) for automated and agent access; the Authenticity Service Terms (chasesets.com/authenticity-terms) for the optional authenticity-check service; the Privacy Policy (chasesets.com/privacy) for data practices; and, where applicable to a specific offer, the Founders Offer Terms (chasesets.com/founders). Operational conduct standards, including the seller listing condition and photo standards and the buyer order-protection and refunds-and-returns policies, are published in Chase Sets' Help Center and are likewise incorporated by reference. If a specific incorporated policy conflicts with these Terms on the subject it specifically governs, the specific policy controls; these Terms control on every other subject. You agree to use the marketplace lawfully, to deal honestly with other users, and to comply with every incorporated policy.

User content license

When you submit content to Chase Sets, including listing photos, listing descriptions, reviews, and review responses, you represent that you own the content or otherwise have the right to submit it, and you grant Chase Sets a non-exclusive, worldwide, royalty-free, sublicensable license to host, store, reproduce, adapt (including normalizing images into Chase Sets' standard formats), display, and distribute that content solely to operate, promote, and improve the marketplace. You retain ownership of your content. Chase Sets may remove or restrict content that violates these Terms, including content reported and confirmed as counterfeit, stolen, prohibited, abusive, or otherwise policy-violating, and may act on a valid intellectual-property complaint sent to the notice address in the governing-law-and-forum subject below.

Electronic agents and automated access

Chase Sets publishes a Model Context Protocol interface and a developer portal (chasesets.com/developers) that let you authorize a software agent to act on your Account within a bounded set of permissions you grant. Automated or agent access to Chase Sets is governed by the Agent Connector Terms (chasesets.com/agent-terms) in addition to these Terms; where the two conflict on automated-access-specific subjects, the Agent Connector Terms control.

The extent to which an account holder is responsible or liable for actions taken by an authorized agent remains unresolved pending qualified counsel review.

The grounds, process, and consequences for suspending or revoking agent access, and for suspending, restricting, or closing an Account because of agent conduct, remain unresolved pending qualified counsel review.

Electronic communications and consent

By creating an Account, you agree that Chase Sets may deliver Account, order, Wallet, and legal notices, including these Terms and any incorporated policy, to you electronically, including by email and by posting to your Account or the applicable Chase Sets webpage, instead of by paper mail. Before Chase Sets treats an electronic disclosure as effective consent for a record category that legally requires it, Chase Sets presents the required disclosure, including your right to receive a paper copy, how to withdraw consent and the consequences of withdrawal, the scope of records covered, how to update your electronic contact information, and any hardware or software needed to access the disclosure, and obtains your affirmative confirmation that you can access records in that format. You may withdraw electronic-delivery consent at any time by submitting a Support Request; withdrawal may limit or end your ability to use Chase Sets services that depend on electronic delivery.

Disclaimers and liability limits

Chase Sets provides the marketplace on an as-is, as-available basis and disclaims all warranties not expressly stated in these Terms, to the extent the law allows. Chase Sets does not warrant the authenticity, condition, or description of any Listing except through the optional authenticity-check service described in the Authenticity Service Terms (chasesets.com/authenticity-terms), and even that service is limited to the scope stated in those terms. To the extent the law allows, Chase Sets is not liable for indirect, incidental, special, consequential, or punitive damages, or for lost profits, arising from your use of the marketplace, and Chase Sets' total liability to you for claims arising from these Terms is limited to the greater of the marketplace fees you paid Chase Sets on the transaction giving rise to the claim in the twelve months before the claim, or [LIABILITY-CAP-FLOOR-AMOUNT]. Nothing in this subject limits liability that the law does not allow Chase Sets to limit.

User-to-user dispute release

Chase Sets is not a party to the sale contract between a buyer and a seller and does not resolve buyer-seller disputes as a private mediator; Chase Sets provides a Support Request process through which you and the other party may submit evidence, and Chase Sets support may determine responsibility and direct a remedy within Chase Sets' published remedy authority, up to and including a refund, replacement, or return. If you have a dispute with another user arising from a Listing, Offer, or Order, you release Chase Sets, its officers, and its operators from claims, damages, and demands arising from that dispute, except for Chase Sets' own acts or omissions in operating the Support Request process; this release does not limit either party's right to submit a Support Request or to pursue an available remedy against the other user directly.

Dispute resolution with Chase Sets

Any dispute you have with Chase Sets itself, as opposed to another user, that these Terms and Chase Sets' Support Request process cannot resolve informally will be resolved by binding individual arbitration administered by the American Arbitration Association under its Consumer Arbitration Rules, and not by a court or jury, except that either party may bring an individual claim in small-claims court if it qualifies, and either party may seek injunctive relief in court for intellectual-property or unauthorized-access claims. You and Chase Sets each waive the right to a jury trial and to participate in a class, collective, or representative action; the arbitrator may not consolidate more than one person's claims and may not otherwise preside over a class or representative proceeding. Chase Sets pays the administrator's filing and arbitrator fees for an individual claim of $10,000 or less brought in good faith. Before starting arbitration or a small-claims action, you and Chase Sets agree to send a written notice of dispute to the other and try in good faith to resolve it informally for 45 days. You may opt out of this arbitration agreement by sending written notice to the notice address in the governing-law-and-forum subject below within 30 days of the date you first agree to this version of these Terms; opting out does not affect any other part of these Terms. If 25 or more similar arbitration demands are filed by or on behalf of coordinated claimants, Chase Sets and claimants' counsel follow the batch-filing protocol posted with the arbitration administrator's rules, resolving representative cases first before proceeding to the remainder.

Governing law and forum

These Terms are governed by the laws of the State of Kansas, without regard to its conflict-of-laws rules, except that the Federal Arbitration Act governs the arbitration agreement in the dispute-resolution-with-platform subject above. Subject to that arbitration agreement, you and Chase Sets consent to the exclusive jurisdiction of the state and federal courts located in Kansas for any dispute not subject to arbitration. Chase Sets Limited, registered in Wichita, Kansas, is the contracting entity for these Terms. Send legal notices, including arbitration opt-out notices, to Chase Sets Limited, PO Box 164, Maize, KS 67101-0164, US, or to [NOTICE-EMAIL].

Changes, notice, and acceptance

Chase Sets may revise these Terms. A material revision is published as a new, numbered version and takes effect on the version's recorded effective date; Chase Sets notifies you of a material revision and requires you to accept the new version, through the same version-gated acceptance mechanism that gates your current acceptance, before your continued use of features that depend on accepting these Terms proceeds under the new version. A non-material, editorial revision, such as a correction of an incorporated policy's link, does not require a new version or renewed acceptance. Your acceptance is recorded against the specific version you accepted, and Chase Sets' identity systems reject a stale acceptance the same way for every account.