This Payment Processing Policy outlines the protocols and procedures governing financial transactions on www.clipvibeeffects.com (the “Website”). By initiating a transaction for our digital items, you acknowledge and agree to the payment processing practices described below.
The data controller responsible for the management of your basic order information is clipvibeeffects, located in Lithuania.
1. Payment Processing via Stripe
All financial transactions conducted on our Website are facilitated and processed externally by our primary payment processing partner, Stripe.
When you make a purchase, your payment details (including payment card numbers) are transmitted directly to Stripe. clipvibeeffects does not capture, store, or hold your complete payment card information on our servers. Stripe processes and stores this financial information in alignment with their own rigorous, globally recognised data protection standards and legal obligations.
2. Transaction Protection Measures
We implement standard commercial measures, including encrypted transmission protocols (such as TLS), to protect the exchange of data between your browser and our payment partner.
Please note that no method of data transmission over the internet or method of electronic storage is entirely infallible. While we apply appropriate and industry-standard measures to protect your transactional information, absolute certainty or invulnerability of data transmission cannot be provided, and no absolute claims are made regarding the elimination of all potential risks.
3. Compliance with European Financial Regulations (PSD2)
In accordance with European financial frameworks, specifically the Revised Payment Services Directive (PSD2), transactions initiated on our Website may be subject to Strong Customer Authentication (SCA).
Depending on your payment provider, you may be required to complete a supplementary verification step (such as a biometric prompt or a one-time passcode) directly through your card issuer’s interface before the transaction can be finalised. This mandatory protocol is implemented by European financial institutions to verify the identity of the cardholder and mitigate unauthorised usage.
4. Authorised Payment Methods and Billing Structure
We accept major payment cards and authorised electronic wallets as supported by our payment processor.
As detailed in our Terms of Service, all transactions on this Website are strict, single one-time payments. We do not operate any recurring billing, subscription models, or auto-renewal mechanisms. You will only be charged the fixed amount explicitly stated at the time of checkout.
5. Financial Data Retention Periods
While we do not store your complete payment card details, we do retain basic transactional data (such as order numbers, payment timestamps, and billing addresses) to fulfil our statutory obligations.
Under Lithuanian and European Union laws regarding tax, accounting, and financial reporting, this transactional data is retained for a mandatory statutory period, which is typically up to ten years from the date the transaction was completed. Once this statutory period expires, the transactional records are systematically deleted or anonymised.
6. Fraud Mitigation Practices
To comply with financial regulations and protect our business operations, transaction data is subject to automated evaluation by Stripe to identify irregular purchasing patterns or unauthorised use of payment methods. Transactions flagged by the processor as highly irregular may be declined. It is the responsibility of the payment method holder to ensure their billing information is accurate and their payment methods are used in an authorised manner.
7. Contact Information
For any enquiries regarding how your transaction is processed, or for questions regarding your data under European law, please contact us at:
clipvibeeffects Lithuania Email: video@clipvibeeffects.com
We aim to acknowledge and respond to all legitimate billing and data enquiries within 48 hours.