Business Owner Agreement
1. Overview
This Business Owner Agreement ("Agreement") governs the relationship between Quibit, Inc. ("Quibit," "we," "us") and business owners ("Owner," "you") who operate a business on the Quibit Suite platform.
This Agreement supplements the Quibit Suite Terms of Service and Privacy Policy. By activating a business on Quibit Suite, you accept these additional obligations.
As a business owner on Quibit Suite, you are the data controller for your customers' and employees' personal data. Quibit, Inc. acts as your data processor. You bear legal responsibility for how that data is collected and used.
2. Business Registration
To activate a business on Quibit Suite, you must:
2.1 Registration Requirements
Provide accurate business name, category, and contact information
Be at least 18 years old and have legal authority to represent the business
Provide a valid business phone number and email address
Submit any verification documents requested during the approval process
Agree to these terms before your public page is approved
2.2 Approval Process
All new business registrations are reviewed by the Quibit admin team
Review typically takes 1â3 business days
We may request additional verification for regulated industries (finance, health, food)
Rejected applications receive a reason and may be resubmitted after correction
2.3 Prohibited Business Categories
Businesses selling illegal goods or services
Gambling or betting operations (without proper licensing)
Adult content businesses
Counterfeit or trademark-infringing goods
Pyramid schemes or fraudulent investment products
Businesses operating under international sanctions
Tobacco or firearms (without valid licensing and regulatory compliance)
Contact [email protected] if you are unsure whether your business category is eligible.
3. Your Rights as a Business Owner
As a business owner on Quibit Suite, you have the following rights:
3.1 Data Rights
Full ownership of all business data entered into the platform
Right to export all business data at any time
Right to delete business data (subject to legal retention requirements)
Right to transfer your data to another system or provider
Right to audit which Quibit employees have accessed your data
3.2 Platform Rights
Right to customize your public page within platform guidelines
Right to define roles and permissions for your team
Right to use all features available under your subscription plan
Right to appeal platform decisions affecting your business
Right to receive advance notice of material platform changes
3.3 Support Rights
Access to business support via email and in-app help
Priority support on Pro and Business plans
Escalation path for account suspension or dispute resolution
Access to documentation, guides, and onboarding assistance
4. Your Obligations as a Business Owner
Operating a business on Quibit Suite comes with the following obligations:
4.1 Legal Compliance
Operate your business in compliance with Myanmar law and any other applicable jurisdiction
Maintain valid business licenses for your industry if required
Comply with Myanmar tax law â your POS records are your tax records
Handle employee data in compliance with applicable labor laws
Comply with consumer protection laws when dealing with customers
Notify customers of how their data is used (you are the data controller)
4.2 Platform Conduct
Maintain accurate product, pricing, and availability information on your public page
Not use the platform to mislead, defraud, or harm customers
Manage your team's access responsibly â you are liable for your team's actions
Keep your contact information and business details up to date
Respond to customer inquiries and complaints in a timely manner
4.3 Customer & Employee Data Obligations
Since you are the data controller for customer and employee data in your Suite account:
Provide customers with notice of how their data will be used
Obtain necessary consents for data collection (e.g., marketing messages)
Respond to data access and deletion requests from your customers
Inform team members that their business activity on Suite is monitored
Not use customer data collected via Suite for unrelated commercial purposes
Keep customer and employee data secure â do not share access credentials
4.4 Financial Obligations
Pay your subscription fees on time
Keep payment information current
Accurately represent transaction values in the POS system
Not use the platform to process fraudulent or unauthorized transactions
5. Multi-Branch Operations
Business owners who operate multiple locations through Quibit Suite agree to the following additional terms:
5.1 Branch Management Rules
Each branch is linked to a verified main business page
The main business owner is responsible for all branch activities
Branch managers act under delegated authority from the owner
Owners can revoke branch manager access at any time
Each branch automatically receives a private team channel and a public channel
Branch data is consolidated in the main business analytics dashboard
6. Platform Fees & Revenue
Quibit, Inc. does not take a commission on your sales. We charge flat subscription fees only:
6.1 Fee Structure
Subscription fees are charged per your selected plan (Free, Pro, Business)
Quibit, Inc. does not take a percentage of POS sales or invoices
Payment gateway fees are set and collected by the respective gateway (KBZPay, Wave, etc.)
Storage overage fees apply if you exceed your plan's quota
There are no hidden fees beyond the published subscription price
7. Business Suspension & Appeals
If your business is suspended or your public page is taken down, the following process applies:
7.1 Grounds for Suspension
Violation of Terms of Service or this Agreement
Suspected fraud or money laundering
Repeated customer complaints about deceptive practices
Non-payment of subscription fees
Provision of false business registration information
Court order or regulatory directive
7.2 Appeal Process
Receive written notice of suspension with the reason
Submit an appeal within 30 days by emailing [email protected]
Include your business name, suspension reason, and your response
We will review and respond within 10 business days
If your appeal is successful, your account is reinstated with all data intact
If your appeal is denied, you have 60 days to export your data before deletion
8. Platform Changes
We will notify business owners of material platform changes that affect their operations:
8.1 Change Notification
Feature changes: 14 days advance notice for changes that affect current workflows
Pricing changes: 30 days advance notice
Policy changes: 30 days advance notice
Security patches: applied immediately without prior notice (for your protection)
Emergency downtime: notified as soon as reasonably possible
9. Contact
For questions about this Agreement or your business relationship with Quibit, Inc.:
For questions about this policy, contact [email protected]
Š 2026 Quibit, Inc. ¡ Version 1.0¡ Last updated 2026-05-25