5. Terms of Payment

5.1 The Buyer shall be entitled to make payment for the Goods using the various payment methods made available on the Platform. When Buyer places an order on the Platform, actual payment shall be only charged upon Seller’s acceptance of Buyer’s order and the formation of a Contract. All payments shall be made to Aishitoto Pte. Ltd., accepting payment in its own right.

5.2 The terms and conditions applicable to each type of payment, as prescribed by Aishitoto Pte. Ltd. on the Platform, shall be applicable to the Contract. The payment methods may also be subject to the following terms:

5.2.1 Credit Card

Credit card payment option is available for all Buyers. Aishitoto Pte. Ltd. accepts all Visa and Master Cards credit cards and is 3D Secure enabled (verified by Visa and secured by MasterCard). All credit card information of Buyers is protected by industry-leading encryption standards.

5.2.2 Debit Cards

Aishitoto Pte. Ltd. accepts all Singapore Visa and MasterCard debit cards, subject to bank availability. All debit card numbers shall be protected by industry leading encryption standards.

5.2.3 Online Banking

By choosing this payment method, the Buyer shall transfer the amount of the total purchase price for the Goods purchased by Buyer to Aishitoto Pte. Ltd. account (including any applicable taxes, fees and shipping costs). The transaction must be payable in Singapore Dollar. Aishitoto Pte. Ltd., in its sole discretion, may refuse this payment option service to anyone or any user without notice for any reason at any time.

5.3 Buyer may not claim against Aishitoto Pte. Ltd. for any failure, disruption or error in connection with the Buyer’s chosen payment method. Aishitoto Pte. Ltd. reserves the right at any time to modify or discontinue, temporarily or permanently, any payment method without notice to the Buyer or giving any reason.

5.4 If the Buyer fails to make any payment pursuant to the terms and conditions of the payment method elected or payment is cancelled for any reason whatsoever, then without prejudice to any other right or remedy available to Seller, Seller shall be entitled to:

5.4.1 Cancel the Contract or suspend deliveries of the Goods until payment is made in full; and/or

5.4.2 charge the Buyer interest on the amount unpaid at the rate of one percent (1.0%) per month until payment in full is made (a part of a month being treated as a full month for the purposes of calculating interest).

5.5 All refunds shall be made via the Aishitoto Pte. Ltd. virtual payment account ("Aishitoto Pte. Ltd. Payment Account"). Aishitoto Pte. Ltd. offers no guarantee of any nature for the timeliness of the refunds reaching the Aishitoto Pte. Ltd. Payment Account.

The processing of payment may take time and it is subject to the payment provider's internal processing timeline. All costs associated with the refund process imposed by the processing bank and/or payment provider shall be borne by Aishitoto Pte. Ltd.. All refunds are conditional upon Aishitoto Pte. Ltd.’s acceptance of a valid return of the Goods. Aishitoto Pte. Ltd. reserve the right to modify the mechanism of processing refunds at any time without notice.

5.6 All payments for the purchased goods must be made to Aishitoto Pte. Ltd. using the payment methods made available on the Platform only. Aishitoto Pte. Ltd. shall not be held responsible for any losses which may arise from payments made directly to Third Party Vendors or through payment methods apart from the available payment methods on the Platform.