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
The updated terms expand the types of data collected and how that data is used and shared. For retailers, Faire now explicitly collects inferred or predicted business attributes (store type, category) and implements automated decision-making to determine credit limits and payment terms based on credit risk assessment. Business profile information, including store type, location, and engagement data, may now be displayed to other marketplace users and Brands to facilitate ordering and transactions. For users applying for Faire Pay, the policy now authorizes collection of Social Security numbers and employment information, shared with Lead Bank for credit assessment. You can review your account privacy settings to limit visibility of certain profile information to other users.
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If we make material changes to it or the ways we process your information, we'll notify you (by, for example, prominently posting a notice of the changes on our sites before they take effect or directly sending you a notification).
Mistral AI will notify Customer of any material updates to the Additional Terms either via email or a Customer Account notification.
If we make material changes to this Policy, we will notify you via the Services.
"We will take reasonable steps to alert you to material changes by placing a notice on the https://www.faire.com website, by sending you an email, and/or by some other means.Excerpt from Faire's Privacy Policy
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The clause states: “We will take reasonable steps to alert you to material changes by placing a notice on the https://www.faire.com website, by sending you an email, and/or by some other means.”
ConductAtlas has identified this type of provision across 289 platforms. See the full comparison.
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