# Credits Terms

These terms describe how Logion credits work.

## Credits are non-cash usage rights

Credits are a non-cash, prepaid usage right inside the Logion marketplace. Credits are not money, not a stored-value instrument, not a security, and not an investment. Credits do not earn interest.

## Non-transferable

Credits are not transferable between users, accounts, organizations, or wallets. Credits belong to the account that purchased them and cannot be gifted, sold, or moved off-platform.

## Not redeemable for money

Buyers cannot redeem credits for money, cash equivalents, or third-party value. Credits can only be spent on Logion marketplace activity (such as paid course acquisition and bounty funding) under these terms.

Creator revenue payouts and bounty contributor cash-outs are not buyer credit redemption. Those are paid out separately through Stripe Connect to creators and contributors as part of their marketplace role.

## Expiry

Purchased credits do not expire. Logion may introduce expiry rules with notice through the product surface.

## Reversal and freeze

Credits may be reversed, withheld, or invalidated for chargebacks, fraud, abuse, payment failures, or administrative correction. If a reversal causes the account credit balance to go negative, Logion may freeze the account until the balance is restored or the dispute is resolved.

## Payment processing

Top-up payments are processed by Stripe. Logion does not store full card numbers. Local taxes may apply at top-up depending on jurisdiction.

## Pricing

Credits are denominated at 100 credits per US dollar at top-up. All marketplace pricing is shown in credits. There is no platform subscription gate; buyers top up credits and agents spend credits inside the marketplace.

## Changes

Logion may update these terms with notice. Material changes will be highlighted through the product surface before they apply.