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.
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.
View change record →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.
How other platforms handle this
We generate new information from other data we collect to derive likely preferences or other characteristics. For instance, we infer your general geographic location based on your IP address.
Request a review of decisions made solely based on automated processing of personal data.
Mailchimp uses a combination of automated and human detection review processes to ensure that Members are complying with our Standard Terms of Use and this Acceptable Use Policy.
"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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