This analysis describes what Faire's agreement states, permits, or reserves. It does not constitute a legal determination about enforceability. Regulatory applicability and practical outcomes may vary by jurisdiction, enforcement context, and individual circumstances. Read our methodology
Automated processing of a retailer's historical data directly determines contractual financial conditions—payment terms and invoice deadlines—without human review being specified.
As a retailer, your payment and purchase history may be used by Faire's automated system to set the financial terms under which you must pay invoices.
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"We may use information about the retailer to automatically determine payment terms and the amount of time within which invoices must be settled. That information may include things such as their previous payment history, purchase history...Excerpt from Faire's Privacy Policy
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Automated processing of a retailer's historical data directly determines contractual financial conditions—payment terms and invoice deadlines—without human review being specified.
As a retailer, your payment and purchase history may be used by Faire's automated system to set the financial terms under which you must pay invoices.
ConductAtlas has identified this type of provision across 217 platforms. See the full comparison.
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