Effective Date: [Insert Date]

Welcome to 24Qarat ("Platform"). By using our services, you agree to these Terms of Use ("Terms"). If you do not agree to these Terms, please do not use the Platform.

• 1.

  Definitions

  • Platform: 24Qarat, a digital platform for contract and toll manufacturing facilitation of gold jewelry.

  • User: Any entity accessing the Platform, including SME jewelers and manufacturers.

  • Services: Contract and toll manufacturing facilitation, access to design catalogs, integration of open banking, and trade financing.

• 2.

  Eligibility

  • Users must be licensed SME jewelers based in the UAE or verified manufacturers in India.

  • Users must provide accurate and complete registration details.

• 3.

  Services

  • 24Qarat facilitates:

    • Contract and toll manufacturing by connecting SME jewelers to verified manufacturers.

    • Integration with open banking for seamless financial transactions.

    • Access to a catalog of trending gold jewelry designs for wholesale orders.

• 4.

  User Responsibilities

  • SME Jewelers:

    • Ensure order accuracy and timely payment.

    • Comply with trade financing terms and conditions.

    • Adhere to UAE laws regarding gold and jewelry trade.

  • Manufacturers:

    • Maintain product quality, specifications, and delivery timelines.

    • Abide by agreements with SME jewelers.

• 5.

  Fees and Payments

  • Fees for Services will be outlined during registration or upon order placement.

  • Payments are facilitated through integrated open banking systems.

• 6.

  Dispute Resolution

  • 24Qarat provides mediation between SME jewelers and manufacturers in case of disputes.

  • 24Qarat's decision on disputes shall be final and binding to the extent permissible by UAE law.

• 7.

  Limitation of Liability

  • 24Qarat is not liable for manufacturing defects, delays, or non-compliance by manufacturers.

  • The Platform is provided "as-is," and we do not guarantee uninterrupted access or error-free operation.

• 8.

  Termination

  • 24Qarat reserves the right to terminate access to the Platform for breach of these Terms or misuse of Services.

• 9.

  Governing Law

  • These Terms are governed by the laws of the UAE. Any disputes shall be resolved in UAE courts.