NFT checkout disclosures

What is being purchased

The checkout must clearly identify the merchant, the purchased product or service, any NFT or digital entitlement, the price, charges, delivery and refund terms. The customer must receive a truthful description of the NFT’s actual function. An NFT label does not change the legal nature of the transaction or remove payment, consumer, tax or licensing requirements.

Merchant responsibility

The merchant remains responsible for lawful products, fulfillment, rights in content, customer service and legally required refunds. RT’s software and a payment-provider approval do not certify the merchant’s product, authorize a restricted industry or guarantee performance. An NFT does not transfer intellectual-property ownership beyond the express license supplied by the rights holder.

Payment and settlement

Payment methods and any onramp, off-ramp, conversion or redemption step must be disclosed and separately approved for that flow. Card and bank disputes continue to apply where relevant even if an on-chain record exists. Do not treat a token transfer as proof of delivery, a waiver of a chargeback or approval to route a prohibited business through another payment method.

Applicable documents

• RT Schedule R — NFT Checkout
• RT Schedule J — digital-asset risks
• RT Schedule H — acceptable use and restricted businesses
• USDC disclosures, where applicable