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Terms and Conditions for Installment Payment and Voucher Shop

 

Version: 1.1 – 4th September 2025
Governing Law: Georgia

 

 

  1. Introduction

1.1 These Terms and Conditions (“Installment Terms”) govern the use of the installment payment and voucher shop solution (“Voucher Shop”) provided by Tigar Academy (the “Platform,” the “Company,” “we,” “us”).

1.2 By purchasing or redeeming vouchers through the Voucher Shop, or by offering installment-based sales as a Coach, you (“Customer” or “Coach”) agree to be bound by these Installment Terms, in addition to the Customer Terms and Conditions and Coach Terms and Conditions of the Platform.

1.3 In case of conflict, these Installment Terms prevail for transactions involving vouchers and installment payments.

 

  1. Definitions

For the purposes of these Terms:

  • Voucher Shop: The technical shop solution through which Customers purchase vouchers, including the option of installment payments.
  • Voucher: A digital voucher purchased by the Customer representing the right to participate in coaching services or other content as defined by the Coach.
  • Installment Payment: The contractual agreement between Customer and Coach under which the purchase price of a Voucher is paid in multiple partial payments (installments), always free of interest and fees.
  • CRM System: The billing and invoice system provided by the Platform to Coaches for creating invoices and managing installment payments.

 

  1. Structure of Transactions

3.1 The Customer purchases a Voucher through the Voucher Shop. The purchase process must be initiated by the Customer.

3.2 The Coach, using the CRM System, issues an invoice or a series of invoices specifying the installment plan (number of installments, due dates, and payment amounts). Once the Coach marks the order as “complete” or the first installment is paid, the Voucher is generated and delivered to the Customer.

3.3 The Voucher is valid immediately upon issuance

3.4 In cash that several installments are agreed, no interest or other fees are due to be paid by the Customer, i.e. the total value amount of the Voucher equals the total amount of payment amounts.

 

  1. Responsibilities and Risk Allocation

4.1 The Customer remains fully obligated to pay all installments according to the invoice schedule, even if the Voucher has already been used.

4.2 The risk of non-payment of installments lies exclusively with the Coach. The Platform has no responsibility for enforcing installment payments or for losses resulting from non-payment.

4.3 The Platform deducts its commission from the full voucher price once the Voucher is issued, irrespective of whether all installments are paid by the Customer.

4.4 Coaches acknowledge and accept that provision of services to Customers prior to full payment is at their own risk.

 

  1. Customer Obligations

5.1 Customers agree to pay installments punctually in accordance with the invoice schedule issued through the CRM System.

5.2 Failure to pay installments on time may result in suspension of access to further services by the Platform, without affecting the validity of the Voucher already delivered.

5.3 Installment obligations remain binding and enforceable even after partial use or complete redemption of the Voucher.

 

  1. Platform Role and Limitations

6.1 The Platform provides only the technical infrastructure (Voucher Shop and CRM System).

6.2 The Platform is not a contracting party to the installment payment arrangement between Customer and Coach.

6.3 The Platform is not responsible for:

  • Collection of installment payments;
  • Enforcement of installment agreements;
  • Any disputes regarding unpaid installments.

6.4 The Platform’s responsibility is limited to providing the technical tools for purchase, invoicing, and voucher issuance.

 

  1. Suspension and Termination

7.1 The Platform may suspend or terminate access to the Voucher Shop or CRM System in cases of misuse, fraud, or breach of these Terms.

7.2 Coaches may deactivate installment functionality at any time, but all existing installment obligations must be fulfilled.

7.3 Termination of participation in the Voucher Shop does not affect accrued payment obligations of Customers or commission rights of the Platform.

 

  1. Governing Law and Dispute Resolution

8.1 These Installment Terms are governed by and construed in accordance with the laws of Georgia.

8.2 Any disputes arising out of or in connection with these Installment Terms shall be submitted to the exclusive jurisdiction of the courts of Georgia.