Legal Agreement

Terms of Service

Effective Date: 1 January 2026
Last Updated: January 2026
Governing Law: Republic of Ghana
Please read these Terms carefully before using Guildite. By creating an account or using any part of the Guildite platform, you agree to be bound by these Terms of Service. If you do not agree, you must not use Guildite.
Contents
Section 01

About Guildite

Guildite is a digital commerce platform owned and operated by GuildIte Ltd, a subsidiary of Frizux Ltd. Guildite provides independent sellers with tools to create digital shops, manage inventory, process orders, access market analytics, connect with buyers and participate in a seller community.

Guildite is a platform that connects buyers and sellers. Guildite is not a seller, retailer, auctioneer or agent for any product listed on the platform. Guildite does not own, inspect, verify or guarantee any product, service or listing on the platform unless explicitly stated.

Important: Transactions on Guildite are between buyers and sellers directly. Guildite facilitates these transactions through its escrow service but is not a party to the underlying sale contract between buyer and seller.
Section 02

Eligibility

To use Guildite you must:

Section 03

Accounts

Registration

You must register for an account to access Guildite’s seller features. You agree to provide accurate, current and complete information during registration and to keep your account information updated.

Account Security

You are responsible for maintaining the confidentiality of your account credentials. You are responsible for all activity that occurs under your account. You must notify Guildite immediately at [email protected] if you suspect unauthorised access to your account.

One Account Per Person

You may only hold one active seller account on Guildite. Creating multiple accounts to circumvent suspensions, bans or platform fees is a serious violation of these Terms and will result in permanent removal from the platform.

Account Verification

Guildite may require identity verification for certain features including escrow transactions above specified thresholds. You agree to provide requested verification documents promptly. Failure to verify may result in transaction limits or account suspension.

Section 04

Platform Rules

Off-platform transactions: Attempting to conduct transactions outside of Guildite’s platform is a serious violation. Both parties involved in such transactions lose all protections Guildite provides and may be permanently removed from the platform.
Section 05

Seller Obligations

Listings
Orders and Fulfilment
Prohibited Items

Sellers are solely responsible for the accuracy of their listings, the quality of their products, compliance with applicable laws, and payment of all applicable taxes on their sales.

Section 06

Buyer Obligations

Escrow Release Obligation: Once you confirm receipt of an order in satisfactory condition, you are obligated to release escrow funds to the seller. Deliberately withholding escrow release without a valid dispute is a violation of these Terms.
Section 07

Payments and Escrow

How Escrow Works
  1. The buyer pays the full transaction amount plus the applicable platform fee into Guildite’s escrow system
  2. Guildite holds the funds securely while the seller prepares and delivers the order
  3. Upon confirmed delivery and buyer confirmation, Guildite releases funds to the seller
  4. If a dispute is raised, Guildite’s dispute resolution process determines fund release
Critical Security Warning: Guildite will NEVER ask you to share your escrow code with anyone outside of an official Guildite transaction flow. Any person requesting your escrow code is attempting to defraud you. Report this immediately. Guildite is not liable for funds lost due to a user voluntarily sharing their escrow code.
Platform Fees

Guildite charges a platform fee on each transaction. This fee is paid by the buyer and is non-refundable except in cases of platform error. Current fee rates are displayed at checkout.

Refunds

Refunds of the transaction amount (excluding platform fees) are available where a seller fails to deliver, where goods received materially differ from the listing description, or where Guildite’s dispute resolution process determines a refund is warranted. Platform fees are non-refundable in all cases except platform error.

Section 08

Fees and Subscriptions

Guildite offers both free and paid subscription tiers for sellers. Pro and Enterprise subscription tiers provide access to advanced features including market analytics, priority support and enhanced shop customisation.

Section 09

Data and Intellectual Property

Guildite’s Intellectual Property

Guildite’s platform, software, brand, logos, product names, design elements and all underlying technology are owned by GuildIte Ltd and Frizux Ltd. Nothing in these Terms grants you any right to use Guildite’s intellectual property without express written permission.

Transaction and Platform Data

All transaction data generated on Guildite is owned by GuildIte Ltd. This data is used to power Guildite’s market analytics features, improve the platform and develop future products and services. By using Guildite you grant GuildIte an irrevocable, perpetual licence to use aggregated and anonymised transaction data for these purposes.

Your Content

You retain ownership of content you create and upload to Guildite, including product images, descriptions and shop branding. By uploading content you grant Guildite a worldwide, royalty-free licence to use, display, reproduce and distribute that content for the purpose of operating and promoting the platform.

Section 10

Community Guidelines

Scam Protection: Legitimate Guildite transactions never require sharing personal payment details in community chat. If anyone asks you to share an escrow code, mobile money PIN, or bank details — this is a scam attempt. Report it immediately.
Section 11

Prohibited Conduct

Section 12

Limitation of Liability

Liability Cap: Guildite’s total liability to any user for any claim arising from use of the platform is limited to the total platform fees paid by that user to Guildite in the twelve months immediately preceding the claim.
Section 13

Termination

You may close your Guildite account at any time through your account settings. Upon closure, your public shop and listings will be removed. Active escrow transactions must be resolved before account closure.

Guildite may suspend or terminate your account at its sole discretion where you have violated these Terms, engaged in fraudulent activity, or where Guildite is required to do so by law or regulatory authority.

Section 14

Dispute Resolution

Transaction Disputes

If a dispute arises between a buyer and seller, both parties must first attempt to resolve the matter directly through Guildite’s messaging system. If resolution cannot be reached within 48 hours, either party may escalate to Guildite’s formal dispute resolution process. Guildite’s determination on escrow fund release is final and binding on both parties.

Disputes Against Guildite

Any dispute arising from these Terms or your use of Guildite shall be governed by the laws of the Republic of Ghana. You agree that any legal action shall be brought exclusively in the courts of Accra, Ghana.

Section 15

Changes to These Terms

Guildite may update these Terms of Service from time to time. When material changes are made, Guildite will notify users by email and through an in-app notification at least 14 days before the changes take effect. Your continued use of Guildite after the effective date constitutes your acceptance of those Terms.

Section 16

Contact

Questions About These Terms?

Our team is here to help. Reach out and we will respond within 2 business days.

[email protected]