在提交解决方案的同时， (a) 您同意遵守所有适用的法律、本条款与细则，以及由PNP、Visa和/或其它与本挑战赛有关的指定方提供给您的任何其他指引或指示； (b) 如果您作为一个团队或公司的一部分参赛，您声明并保证您有权力约束您的团队或公司遵守本条款与细则，并且， (c) 您同意评委的所有决定都是最终的，对您和您的团队/公司有约束力。若受到法律禁止或限制，本挑战赛作废。
组委会可能不经另行通知，在任何时候单方面全权决定，以任何理由取消任何注册者或参与者的参赛资格，包括但不限于：(a) 不满足挑战赛的资格条件；(b) 未能满足本条款与细则；(c) 试图按照本条款与细则所描述的方式以外的方式注册、提交解决方案，或参与挑战赛；(d) 使用贿赂手段干扰评审；或者使用欺诈、黑客以及其他不公正行为企图骚扰、谩骂、威胁其他参赛者、组委会、PNP以及Visa成员； (e) 用其他方式企图破坏本次活动应用之条款； (f) 在递交申请时被控或被诉侵犯任何第三方的权利或违反当地法律法规。
g. 它不能与Visa 的任何核心价值冲突，或令Visa无法接受。
a. 进入亚太地区Fintech fast track
您在此弃权并同意赔偿且不向Visa及其员工、董事、管理人员、附属公司、代理商、评委、广告和宣传机构追究任何和所有损害、伤害、索赔、行动原因、责任或任何类型的损失（包括法律费用和开支），它们可能是已知或未知的、绝对或有条件的、现在或是在将来由以下引起或涉及以下各项：（A）您没有遵守本条款与细则的任一规定; （B）违反本条款与细则或其他约定向Visa作出任何虚假陈述; （C）您参加本挑战赛；或（D）您接受、使用或兑换任何奖励，或者是您无法接受、使用或兑换任何奖励。
Terms & Conditions
The Visa Everywhere Initiative (“Challenge”) is a virtual and in-person innovation competition hosted by Beijing Plug and Play Startup Investment Co., Ltd (“PNP China”) ,and supported by Visa Worldwide Pte. Limited (“Visa”) that is designed to accelerate digital marketing innovation by bringing together the most talented and creative developers and designers to create cutting-edge solutions involving Visa products. The Challenge is governed by the terms set forth herein (“Terms and Conditions”) and is subject to all applicable national, provincial, and local laws of where the Challenge is launched. Signing up and submitting a solution for the Challenge does not mean that you will be invited or guaranteed the opportunity to participate in the Challenge in person as a finalist. From those who have signed up and submitted solutions, the judges of the Challenge (the “Judges”) will identify and contact those entrants who will be invited to participate in the Challenge in person as finalists.
By submitting a solution, (a) you agree to comply with all applicable laws, and to abide by these Terms and Conditions, and any other guidelines or instructions provided to you by PNP China, Visa, and/or their designees in connection with the Challenge, (b) if participating as part of a team or company, you represent and warrant that you have the authority to bind your team or company to these Terms and Conditions, and (c) you agree that all decisions of the Judges are final and binding on you and your team/company. The Challenge is void to the extent prohibited or restricted by law.
To the extent that there is any discrepancy or inconsistency between these Terms and Conditions and any disclosures or other statements contained in any Challenge-related materials, including but not limited to social media, website content, and television, print, or online advertising, the Terms and Conditions shall govern.
1. The Challenge’s Purpose
To seek partners in this fast-changing era of internet, who can provide innovative solutions for the following four briefs (the “Briefs”) and satisfy the fundamental demand of governments, enterprises and individuals with revolutionary and disruptive technologies.
1) How can we create a flexible, secure, convenient and fun digital payment experience for consumers by leveraging innovative technologies?
2) How can we achieve targeted marketing to connect consumers and merchants with each other?
3) How can we help businesses conduct cross-border transactions securely and effectively, so as to enhance their brand competitiveness?
4) How can we provide more consumers with convenience and targeted benefits by using the digital wallet with various methods and implementation in payment solution?
2. Challenge Timeline
The preliminary round of the Challenge will take place via online registration and solution submission by email. Registrations and corresponding solutions will be accepted from April 24, 2019 to May 26, 2019 (“Submission Period”). Up to 15 finalists will be identified in the preliminary round. They will be notified on or about June 5, 2019,and the confirmed finalists will then be invited to present their solution in person by the end of June 2019, the details of which will be communicated in further notice. The list of winners will be published on Visa official website in early July,2019. The winners will be invited to attend the award event or match marketing event, the details of which will be communicated in further notice.
The Challenge Organizing Committee (“Committee”) reserves the right, in its sole discretion and without prior notice, to adjust any of the dates and/or timeframes stipulated in these Terms and Conditions, to the extent necessary, for purposes of verifying compliance by any participant with these Terms and Conditions, or as a result of technical problems, or in light of any other circumstances that, in the Committee’s opinion, affect the proper administration of the Challenge as contemplated in these Terms and Conditions.
3. How to Submit
Your registration and solution submission must be received by the Committee on or before May 26th, 2019 to be considered for the Challenge. Only one submission per submitter/team will be accepted for any particular Brief. When you submit your solution through wechat, you must specify the brief to which your solution corresponds. You could also supplement more information through email if needed.
It is solely your responsibility to ensure that you have properly registered and submitted your solution. Neither the Committee, PNP China nor Visa will not be responsible for any lost, delayed, misdirected, incomprehensible, incomplete, damaged, garbled or undeliverable registrations or solutions, or any delay or failure to transmit, process, receive or consider registrations or solutions.
After the Submission Period has ended, if you are invited by the Committee to participate in the Challenge in person as a finalist, you will be notified by email and/or phone on or about June 5th, 2019 and required to commit to presenting in person to the Judges within the timeframe provided by the Committee. It is permitted but not expected or required that solutions be further developed or modified between initial submission and in-person presentation.
4. Eligibility – Participants
You can participate as an individual or a team. You may only register for the opportunity to participate in the Challenge if you and all participating team members (“Team”) are at least 18 years old and are all legal Mainland China residents, or your Team is a Mainland Chinese company legally registered at the time of application. In addition, employees of PNP China and Visa and their close relative will not be eligible to submit a solution or participate in the Challenge.
The Committee may request valid proof of identity, residency, age and other relevant documentation, and the Committee may disqualify a participant for any reason including, without limitation, if the Committee determines (in its sole discretion) that the provided proof is not sufficient.
The Committee may, without notice and at any time in its sole discretion, disqualify any registrant or participant for any reason, including but not limited to any registrant or participant who: (a) does not meet the Challenge’s eligibility criteria, (b) fails to comply with these Terms and Conditions, (c) attempts to register, submit a solution, or participate in the Challenge in any manner or through any means other than as described in these Terms and Conditions, (d) tampers with or in any way corrupts the judging process, or attempts to undermine the legitimate operation of the Challenge by cheating, hacking, deception, or other unfair practices, or by attempting to annoy, abuse, threaten or harass any other participants or the Committee or PNP China or Visa representatives, or (e) attempts to otherwise disrupt or undermine the Challenge or to circumvent any of these Terms and Conditions. (f) is claimed to infringe the rights of any third parties or breaches local laws and regulations in the submission.
You are not required to make any purchase or pay any fee to register, participate, or receive an award or other recognition in the Challenge. However, you and your Team (if applicable) are responsible for all expenses you may choose to incur in the course of developing your solution and presenting it at the Challenge.
If you are selected as the award recipient for this Challenge, you may be precluded from participating in other future challenges conducted, hosted, sponsored, or funded by PNP China and/or Visa.
5. Solution Guidelines
The solutions developed and submitted in connection with the Challenge must meet all of the following criteria, each as determined by the Committee in its sole discretion:
a. It must offer new functionality, features or tools that solve for one of the four Briefs identified above.
b. It must incorporate an emerging digital or social trend.
c. It must, at least, be a minimum viable product (MVP) that can be easily integrated into a pilot with Visa and partner
d. It must not contain, depict, imply or refer (explicitly or otherwise) to any inappropriate, objectionable, or unsuitable
language, activity or other content.
e. It must not contain, depict or refer to any content which disparages or refers negatively to Visa, the Challenge, or any
other person or entity.
f. It must not contain, depict or refer to any content which unnecessarily refers to any third party (person or entity).
g. It must not conflict with any of Visa’s core values, or otherwise be objectionable to Visa.
h. It must not contain any content that violates any law or any third party’s intellectual property, privacy, personality or
other rights (“Third-Party Rights”).
i. It must not contain malicious code or be coded or designed in such a way that it creates an information security risk or otherwise compromises the integrity of the solution, whether as a stand-along app experience or in conjunction with its integration with any Visa web pilot experience.
The Committee may disqualify any solution, without notice, if the Committee determines (in its sole discretion) that the solution does not comply with any of the above requirements or otherwise with these Terms and Conditions.
6. Your Additional Representations and Warranties
By submitting a solution, you represent and warrant that:
a. You satisfy all of the participant eligibility requirements set forth in these Terms and Conditions;
b. You are the original creator of the solution;
c. You are the sole owner of, or you have obtained all necessary and appropriate rights, licenses, and permissions to use, and all intellectual property and proprietary rights in and to, the solution and all content in and on the solution and your presentation;
d. The solution is original and has not been previously published or received any previous award;
e. The solution does not infringe or violate any Third-Party Rights, and neither PNP China nor Visa will infringe any Third-Party Rights when PNP China or Visa (as applicable) copies, displays, edits, modifies, transmits or otherwise uses the solution in connection with the Challenge, the publication of the Challenge, or in any other way contemplated in Section 11 below; and
f. The solution meets all of the eligibility requirements set out in these terms and conditions.
7. Judging Process
The Judges will select the finalist(s) in their sole discretion.
Because we are seeking innovative ideas and solutions, there is no single criteria on which we will judge your solution. Solutions will be judged on a combination of the following criteria:
a. Innovation Capability
b. In Alignment with Visa Band Value
c. Ability to Provide Solutions from Users’ Perspective
d. Business Potential
e. Ease of Use
f. Rich benefits for Users
g. Ability to Rapidly Add Value for Business Partners
i. Ease of Implementation
Decisions of the Judges with respect to all aspects of the Challenge will be final and binding.
8. Award Recipients
One to two finalists will be selected to receive an award for each of the four Briefs. Winners will be notified by email and/or phone. In order for a finalist to be declared an award recipient and be eligible for an award in the Challenge, he or she must have complied with, and remain in compliance with, these terms and conditions, and must sign and deliver a standard declaration and release form within the timeframe provided, which will include: a declaration of the participant’s compliance with these terms and conditions, an acceptance of the award as provided, a publicity release, a liability release, and any other documentation that the Committee may require, in its discretion.
Participants acknowledge and understand by attending a Challenge event in person as a finalist that they may be photographed, videotaped and otherwise recorded by Visa (collectively, “Footage”) and may be required to sign an affidavit and release for such Footage. Footage will be owned by Visa which has the right to use, edit, adapt, post, stream, copy and exploit such Footage and all elements embodied therein, including any names and likenesses embodied therein, in whole or in part, in any and all media now known or hereafter devised throughout the world, in perpetuity, for advertising, promotional, trade and other purposes.
As a requisite to be granted the cash award, the finalists agree and confirm that the solution supported by Visa is entrusted works. All the copyright and other intellectual property right reside in Visa from the date it is created. Visa is entitled to use, copy, edit or transfer the solution at its sole discretion. The finalists also expressly waive the right to be named as attributor.
The Committee may request valid proof of identity, residency, age and other relevant documentation, and the Committee may disqualify a participant for any reason including, without limitation, if the Committee (in its sole discretion) that the provided proof is not sufficient.
If the award notification is returned as undeliverable or if the selected finalist does not comply with all of the above requirements within the above time frames, or does not otherwise comply with these terms and conditions, the Committee may disqualify the winner.
The Committee expects to announce the names of the award recipient in early July, 2019.
Cash Award: Award money will be rewarded to each selected award recipient to be used toward the real-world production of their solution. And will be awarded in phases, based solely on the completion and execution of real-world solution milestones established by Visa and achieved by the award recipient. Award recipient will be responsible for providing a detailed schedule plan which must then be reviewed and approved by Visa. This schedule should include items such as kickoff, wireframes, rough prototype, initial designs, alpha & beta tests, and final Q&A. Award recipient may be required that the schedule include other items as well. Installments from the cash award will be paid in such as amounts as the Committee determines appropriate for each scheduled milestone achieved as determined by the Committee in its sole discretion. If the award recipient is a Team submission, the award money will be distributed solely to the point of contact listed for the applicable Team. The Committee, PNP China or Visa is not liable for any disputes that may arise from award money distribution within the Team. Cash award and installments will be provided in the form of a bank transfer in Chinese currency. The award money will be subject to relevant Individual Income Tax provisions in China, which will be withheld and paid on behalf of the winner by PNP China, with the remainder to be paid to the winner.
Non-monetary Award: Aside from the monetary award identified above, the Committee may, but is not obligated to, make additional benefits available to the award recipient including, but not limited to:
a. The access to the fintech fast track in the Asia-Pacific region
b. A potential contract with Visa to pilot their solution
c. Mentorship from Visa and Partner Executives in connection with the solution
The non-monetary benefits are subject to change by the Committee without notice. All award items must be accepted as awarded (with no substitutions), and may not be sold or transferred.
The Committee will make reasonable efforts to deliver award to the address/account provided by the award recipient. However, the Committee cannot guarantee that any award returned due to non-delivery at the provided address will be re-sent to the award recipient.
If for any reason the Committee cannot run the Challenge as planned due to any force major events (including as a result of bugs, tampering, unauthorized intervention, fraud, technical failures, infection by computer virus or any other cause that corrupts, impairs or affects the administration, security, fairness, integrity, or proper conduct of this Challenge), the Committee may cancel, modify, extend or suspend the Challenge in its sole discretion.
The Committee may also disqualify any individual for any reason, without notice, including (but not limited to) any individual who tampers with or in any way corrupts the application process, or who attempts to undermine the legitimate operation of the Challenge by cheating, hacking, deception, or other unfair practices, or by attempting to annoy, abuse, threaten or harass any other participants or Visa representatives.
11. Intellectual Property Rights
By participating in this Challenge, you acknowledge and agree that any ideas, concepts, data, materials, or information related to your solution or the Challenge that you share in connection with the Challenge are not confidential or proprietary, and Visa and others may use, incorporate or disclose any of them now or in the future in any manner, and you waive any and all claims that you may have against Visa (or its affiliates) or anyone participating in this Challenge and Visa (or its affiliates) for such use or disclosure.
By submitting an application and solution, you acknowledge and agree that the Committee may receive many solutions in connection with this Challenge and/or other Challenges staged and/or promoted by the Visa, and that such solutions may be similar or identical in theme, idea, format or other respects to other solutions submitted in connection with this Challenge and/or other challenges operated by Visa or submitted for other reasons or other materials developed by Visa or its contractors. Participants/Teams waive any and all claims participant may have had, may have, and/or may have in the future, that any solution and/or other works accepted, reviewed and/or used by Visa may be similar to his/her solution, or that any compensation is due to participant in connection with such solution or other works used by Visa.
Finalists hereby grant to Visa, as a condition of participation in the Challenge, the right of first negotiation, which shall be done in good faith, for Visa to acquire certain rights in and to their solutions. Notwithstanding the foregoing, Visa shall have no obligation to enter into a contract, or make use of the solution.
In addition, you hereby grant to Visa and its designees the unrestricted, royalty-free, perpetual, irrevocable, worldwide, sublicensable, assignable, license (but not the obligation) to reproduce, communicate, modify, display, transmit, publicly perform, make derivative works from, and otherwise use your solution software and solution (in whole or in part) without any fee or other form of compensation, and without further notification or permission, for the following purposes:
a. administering the Challenge;
b. identifying you by name as the creator of the solution;
c. displaying some or all of the solutions at the in person finalist pitch day, and in any and all media now known or hereafter devised, worldwide; and
d. advertising in any media, including to advertise the Challenge, future challenges, and Visa’s products and services.
As a requisite to be granted the cash award, the finalists agree and confirm that the solution supported by Visa is entrusted works. All the copyright and other intellectual property right reside in Visa from the date it is created. Visa is entitled to use, copy, edit or transfer the solution at its sole discretion. Notwithstanding the foregoing, Visa shall have no obligation to enter into a contract, or make use of the solution. The finalists also expressly waive the right to be named as attributor.
Except where otherwise prohibited by law, participation in the Challenge constitutes a participant’s consent to Visa’s use of the participant’s and all team members’ name, voice, likeness and home town name, mention of the nature of participant’s participation in the Challenge and photographs and video taken at the Challenge events, for promotional purposes without further notification, permission, payment or consideration. By submitting a Solution on behalf of a team, you are representing and warranting that you have secured the same consent from each participating team member.
13. Disclaimers, Liability and Indemnification
Visa does not accept liability for any loss or damage of any solution or for any other loss or damage resulting directly or indirectly from your participation in the challenge or your receipt, use or redemption of any award or benefits, or your inability to receive, use or redeem any award or benefits.
Visa is not responsible for any injury or damage to persons or property, including your computer, which may be caused, directly or indirectly, in whole or in part, from: (1) incorrect or inaccurate transcription of application information or late, lost, incomplete, misdirected solutions, or applications or solutions received through impermissible or illegitimate channels; (2) technical failures of any kind, including the malfunctioning of any telephone, computer, network, hardware or software; (3) the unavailability or inaccessibility of any service; (4) unauthorized human intervention in any part of the application process of the challenge; (5) electronic or human error which may occur in the administration of the challenge or the processing of applications or solutions; or (6) your participation in the challenge or from downloading or using any material provided by Visa.
Visa will not be liable to you for any indirect, special, consequential, or punitive damages in connection with the challenge or these terms and conditions.
You hereby release and agree to indemnify and hold harmless Visa and its employees, directors, officers, affiliates, agents, judges and advertising and promotional agencies from any and all damages, injuries, claims, causes of actions, liability or losses of any kind (including legal fees and expenses), known or unknown, absolute or contingent, now or in the future arising from or related to: (a) your failure to comply with any of these terms and conditions; (b) any misrepresentation you make in violation of these terms and conditions or otherwise to Visa; (c) your participation in the challenge; or (d) your receipt, use or redemption of any award, or your inability to receive, use or redeem any award.
14. Personal Information Consent
This challenge is governed by us law and your participation in the challenge constitutes your acceptance and agreement to be bound by us law, regardless of the country in which you reside.
All issues and questions concerning the construction, validity, interpretation and enforceability of these terms and conditions, or the rights and obligations of participants and Visa in connection with the Challenge, shall be governed by, and construed in accordance with the federal laws of the United States of America. No laws, rules or regulations of any country other than the United States shall apply to any aspect of the Challenge, or any participants in the Challenge, even if such participants are legal residents, doing business in, or otherwise subject to the laws of any such countries, and if invited to participate in the Challenge, participants hereby waive and agree not to apply or pursue any actions under the laws of any country other than the United States.
All disputes, claims and causes of action arising out of or connected with the Challenge, awards or these terms and conditions will be resolved individually, without resort to any form of class action, and exclusively by the appropriate court of the United States. Further, in any such dispute, under no circumstances will participants be permitted to obtain awards for, and hereby waive all rights to claim, punitive, incidental or consequential damages, including attorneys' fees, other than participant’s actual out-of-pocket expenses (e.g., costs associated with participating), and participant further waives all rights to have damages multiplied or increased. To the extent of any disputes with respect to the Challenge, or a person or company’s participation in the Challenge, the jurisdiction and venue for resolution of such disputes shall be determined by Visa and be in the United States, even if participants are legal residents, doing business in, or otherwise subject to the laws of any other countries, and if invited to participate in the Challenge, participants hereby waive and agree not to pursue any actions in any jurisdiction or venue other than the jurisdiction and venue in the United States selected by Visa.
17. Further Information
For more information please email the Challenge team at: firstname.lastname@example.org