T&C for Campaign
1. Acceptance of Terms
By creating a campaign on Raqam, you agree to comply with these Terms and Conditions. Failure to adhere to any part of this Agreement may result in the suspension or termination of your campaign and/or account.
2. Eligibility
To create a campaign, you must:
Be at least 18 years old.
Be a legally registered entity or individual authorized to do business in Pakistan.
Provide valid identification and bank details for fund transfers.
Agree to Raqam’s verification and due diligence processes, including KYC (Know Your Customer) and AML (Anti-Money Laundering) checks.
3. Campaign Requirements
Campaigns must be for legal, ethical, and non-fraudulent purposes.
You must clearly disclose the purpose of your fundraising, including how funds will be used.
Rewards offered must be lawful and delivered within the stated time frame.
You must not mislead backers or provide false information about the campaign.
4. Fundraising & Payments
Raqam will collect funds on your behalf and disburse them according to the terms agreed upon.
A platform fee of 10% will be deducted before disbursement.
A transaction fees of 2.5% will be charged on each payment processed
Payments will be transferred after campaign completion, subject to compliance and verification.
If a campaign does not reach its funding goal, Raqam reserves the right to either refund backers or disburse partial funds as agreed upon at the campaign setup.
5. Taxes and Legal Compliance
You are responsible for all applicable taxes on the funds received.
If your campaign offers physical rewards, you must comply with local tax and customs regulations.
Raqam is not liable for any tax implications resulting from your campaign.
6. Refunds & Chargebacks
Refund policies must be clearly stated in your campaign.
In case of disputes or chargebacks, Raqam may hold funds until the issue is resolved.
If a campaign fails to deliver promised rewards, Raqam reserves the right to mediate disputes between creators and backers.
7. Intellectual Property & Copyright Compliance
You must have legal rights to all content, images, videos, and rewards used in your campaign.
If Raqam receives a valid complaint regarding intellectual property infringement, we may suspend or remove the campaign.
8. Prohibited Campaigns
The following types of campaigns are not allowed:
Illegal or fraudulent activities
Pyramid schemes, gambling, or Ponzi schemes
Hate speech, violence, or discrimination-based initiatives
Campaigns violating local or international laws
9. Liability & Indemnification
Raqam is only a facilitator and is not responsible for campaign success, fund utilization, or reward fulfillment.
You agree to indemnify Raqam against any claims, damages, or losses arising from your campaign.
Raqam is not liable for platform downtime, technical issues, or payment gateway failures.
10. Termination & Suspension
Raqam reserves the right to suspend or terminate campaigns that violate these Terms.
If fraudulent activity is detected, Raqam may freeze funds and report the case to relevant authorities.
11. Governing Law & Dispute Resolution
These Terms shall be governed by the laws of Pakistan.
Any disputes shall be resolved through arbitration in Karachi, Pakistan.
12. Amendments & Updates
Raqam reserves the right to modify these Terms at any time. Updates will be posted on our platform.
Continued use of Raqam signifies acceptance of the revised Terms.
By creating a campaign on Raqam, you acknowledge that you have read, understood, and agreed to these Terms and Conditions.