License conditions

I. Introductory Provisions

1.1. These Licence Terms (hereinafter referred to as the "Licence Terms") govern in accordance with § 1751 par. 1 of Act No. 89/2012 Coll., the Civil Code, as amended (hereinafter referred to as the "Civil Code"), the mutual rights and obligations of ForClassmates s.r.o., Company ID: 05625351, Tax ID: CZ05625351, with its registered office at Evropská 516/10, 160 00 Prague 6, Czech Republic, registered in the Commercial Register at the Municipal Court in Prague, Section C, Insert 297922, as an acquirer (hereinafter referred to as the "Acquirer") on the one hand, and a provider who is also a content creator (in particular a person focusing on commercial tutoring of students, an influencer in the field of education, a publishing house or another person), who intends to place their work and other content (hereinafter referred to as the "Provider") in the on-line educational platform (hereinafter referred to as "ForClassmates" or "Application"), which is available at the Internet address www.forclassmates.com), on the other hand, arising from a license agreement (hereinafter referred to as the "License Agreement") concluded between the Licensee on the one hand and the Provider on the other hand, in the manner set out in these License Terms.

1.2. On the basis of the concluded Licence Agreement, the Provider creates and publishes its content in the Application (hereinafter referred to as the "Provider's Content"), which the users of the Application (hereinafter referred to as the "User") use and otherwise consume in the Application (hereinafter referred to as the "Services"), which enables the Providers to digitise, monetize and share the Provider's educational materials.

1.3. The Application is based on the fact that the User uses the Application as a source of information and at the same time as an environment where they can test their knowledge. The application is browsed by the User either gradually within the course or according to specific topics within the Encyclopedia. The User can rate the content using stars or "likes" and bookmark the content of the Application, or answer questions and get immediate feedback with the correct step-by-step solution.

1.4. To become a Payment Processor, a person must have an account with a payment processor, Stripe (stripe.com), or another current payment processor with whom the Acquirer decides to cooperate in the future (hereinafter referred to as the "Payment Processor"), and who also provides the Payment Processor with proof of identity and has his/her age verified. The Acquirer is obliged to inform the Provider of the change of the Payment Processor at least one month in advance via the Web Interface and/or a message sent to the Provider's Account and/or in another suitable and available form.

1.5. The wording of these Licence Terms may be changed or supplemented by the Licensee in the manner specified in the Licence Terms. This provision is without prejudice to the rights and obligations arising during the period of effectiveness of the previous version of the License Terms.

II. Definitions of certain terms

2.1. "Subscription Price List" means the price list setting the price of a Subscription (as that term is defined below). The current Price List of Subscriptions is available at the following address www.forclassmates.com/#pricing.

2.2. "Credit" means the payment for the Services that can be used to unlock a view of the Site (as that term is defined below). The amount of credits is dependent on the selected Subscription (as that term is defined below). Credits are used to pay for the Service under the terms and conditions specified in these GTC.

2.3. "Subscription" means time-limited paid or gratuitous access to Services in the Application associated with a certain amount of Credits that can be used to pay for Services in the Application.

2.4. "Subscription Period" means the period of time for which the Participant has paid for the Subscription in the case of a paid Subscription Fee, during which the Participant is entitled to use the Services and to use for these purposes the prescribed number of Credits per day in their Account (as such term is defined below). Unless otherwise agreed, the Subscription Period is one calendar month. In the case of an unpaid Subscription, the Subscription Period is considered to be the duration of the Account.

2.5. According to Section 419 of the Civil Code, a "consumer" under these General Terms and Conditions is any natural person who purchases goods outside the scope of their business activities.

2.6. "Account" means the User's user account within the Client Interface of the Acquirer.

2.7. "Web Interface" means a software application operated by the Licensee that enables communication between the Provider, the Participant and the Licensee via the Internet.

III. Subject of the License Agreement and Conclusion of the License Agreement

3.1 The Provider declares that in relation to the Provider's Content that it publishes or otherwise makes available in the Application, it is the exclusive copyright holder, or is the executor of economic copyrights, or is entitled to use content within the Provider's Content to which someone else owns the copyright, and is thus entitled to provide the Licensee with a temporary right of use (license) to the Application under the conditions set out in these License Terms.

3.2 In cases where the Provider uses the name of the author, the title of the work and the source in an appropriate manner within the Content of the Content Provider to which someone else owns the copyright, shall indicate the name of the author, the title of the work and the source in an appropriate manner in the context of the Content Provider's Content to which someone else holds the copyright.

3.3 By publishing or otherwise making available the Provider's Content in the Application, the Provider grants the Licensee a royalty-free, perpetual, irrevocable, non-exclusive, sublicensable, worldwide license relating to the Provider's Content in all formats and channels now known or hereafter developed anywhere in the world for use, copying, reproduction, distribution, storage, translation, transmission, performance, preparation of derivative works, public display and display in connection with any the name, user name, voice, or likeness provided in connection therewith (the "License").

3.4 The Licence Agreement is concluded in relation to each individual Content of the Provider at the moment of publication or other availability of the Provider's Content in the Application, provided that the Provider has previously agreed to these Licence Terms.

IV. License Terms

4.1 The Provider retains full ownership and all rights to the Provider's Content that it publishes or otherwise makes available in the Application, but provides the Licensee with a license in accordance with the License Agreement and the License Terms.

4.2 The Licensee is entitled to provide sub-licences to the Provider's Content to third parties, both for consideration and free of charge.

4.3 The quantity scope of the License is not limited.

4.4 The Provider acknowledges and expresses its consent that the Provider's Content will also be displayed and otherwise used by the Users of the Application and other third parties who visit the Application as part of the Services.

4.5 The Provider is entitled to make a request to remove the Provider's Content item by item, or all content at once. In such a case, the Licensee is obliged to ensure the removal of the Provider's Content from the Application at the moment of the lapse of three months from the month following the month in which the Provider makes this request.

4.6 The Provider acknowledges and agrees that:

a. The Licensee and the Users are entitled to use the Provider's Content in the Application in any way, unless otherwise stipulated in these License Terms,

b. The Licensee is entitled to have the Users pay a fee in the form of a Subscription for the fact that Users use the Provider's Content in the Application.

c. The Licensee and the Users are entitled to export the Provider's Content to PDF format of another similar format and to use it in electronic or printed form for personal purposes, but they are not allowed to pass off the Provider's Content as their own, copy it in any way, store it in public storage, sell it or distribute it in any other way to other people or otherwise violate these GTC.

V. License Fee

5.1 The Provider's entitlement to payment of the licence fee for the provision of the Licence arises for the Provider once a month, on the 1st day of the month following the month for which the licence fee is paid (hereinafter referred to as the "Provider's entitlement to payment of the licence fee").

5.2 The Provider shall not be entitled to the payment of the Licence Fee until the Licensee has opened and verified an account with the current Payment Processor of the Acquirer in accordance with Article 1.3 of these Licence Terms or until this account has been activated, unless the Licensee and the Provider agree otherwise. The Monthly License Fee for the provision of the License is payable within 14 business days from the date on which the Provider's entitlement to payment of the License Fee for the relevant month arises, if the Provider has an established and verified account with the Payment Processor and this account is activated. If the Provider and the Licensee agree that the Provider is entitled to payment of the License Fee even if the Provider does not have an account opened and verified with the Payment Processor or such an account activated, then the monthly license fee for the provision of the License shall be payable within 14 business days from the date on which the Provider asks the Licensee to pay the license fee for the relevant month after the Provider's entitlement to payment of the license fee arises, specifying the method of sending the license fee, if at the same time the Licensee agrees with this method (hereinafter referred to as the "Request for Payment of the Licence Fee").

5.3 The monthly license fee for the provision of the License shall be sent to the Provider through the Payment Processor or by other means, if agreed upon by the Provider and the Licensee. If Payment Processor sets a minimum amount of money (the "Minimum Amount") that may be paid through Payment Processor, the Monthly License Fee shall not become due before the amount of the monthly License Fee to which the Provider is entitled shall exceed the Minimum Amount. If the Payment Processor determines a fee that the Acquirer will be obliged to pay to the Payment Processor for the payment of the monthly license fee to the Provider through the Payment Processor (hereinafter referred to as the "Payment Fee"), the Provider shall pay the Acquirer this Payment Fee. The Licensee is entitled to unilaterally offset its receivable for the payment of the Payment Fee against the Provider's receivable for the payment of the monthly License Fee against the Licensee.

5.4 If the Request for the payment of the License Fee is not made by the Provider who does not have an account with the Payment Processor or who is not activated, within one year from the date on which the Provider's entitlement to payment of the License Fee arises, the Provider's entitlement to payment of the License Fee for the relevant month shall cease to exist.

5.5 During the period during which the Provider does not submit the Application for the Payment of the Licence Fee, although it is entitled to do so, the Provider is not entitled to the payment of any financial compensation (compensation for damages, contractual penalty, default interest or others) against the Licensee.

5.6 If the Provider's Account is suspended under the GTC, the Provider is not entitled to publish any further Provider's Content in the Application, but is entitled to be paid a licence fee for the Provider's Content that the Provider published in the Application before the Provider's Account was suspended.

5.7 The amount of the License Fee and other payment terms are set out in more detail in Annex 1 to these License Terms of this Agreement. The Provider declares that the calculation of the amount of the Licence Fee specified in these Licence Terms is sufficiently specific and comprehensible for the Licensee (or, prior to the conclusion of the Licence Agreement, the Provider has exercised the opportunity to have this calculation mechanism explained in more detail by the Licensee by e-mail info@forclassmates.com) and expresses its consent thereto.

5.8 The License Fee includes all possible updates of the Provider's Content by the Provider.

5.9 The Provider takes note of the following model of distribution of the summary of the paid Subscription of all Users among the Provider, other creators publishing content in the Application and the Licensee, which affects the calculation of the license fee of a specific Provider (as described in Annex 1 to these License Terms):

a. 40% of the value of the User's second (as this term is described in Annex 1 to these License Terms) (hereinafter referred to as the "User's second value") belongs to the Content Provider of the Provider,

b. 20% of the Value of the User's second belongs to the Content Provider of the Provider if this User registers his Account through the unique link of the Provider and at the same time pays the Subscription (hereinafter referred to as the "20% affiliate"). If the conditions specified in point b. are not met, the following 20% of the Value of the User's second belongs to the Acquirer,

c. 30% of the Value of the User's second belongs to the Acquirer,

d. 10% of the User's Second Value is payable to the Licensee as a service fee, which the User is entitled to use in particular to cover operating costs related to the operation of the Application, Payment Processor's fees and other operating costs of the Licensee.

(hereinafter referred to as the "Distribution Model")

VI. Term of the License

6.1 The License is granted for each Provider's Content for an indefinite period of time starting from the date of publication or other availability of the Provider's Content in the Application. The License Agreement may be terminated by written notice of termination by either Party, with a notice period of 1 month, which runs from the first day of the month following the delivery of the notice to the other party.

6.2 The License Agreement for individual Provider Content may also be terminated:

a. by a written agreement between the Acquirer and the Provider, which must include the settlement of mutual obligations and receivables,

b. by written withdrawal from the License Agreement in the event of a material breach of the License Agreement by one of the Contracting Parties. A material breach of contractual obligations means in particular a delay in payment of the agreed licence fee for the provision of the Licence by more than 60 days. This is the case if the party that caused the breach of obligation fails to remedy the situation even within the additional period set for remedy by the other party in a written request that is not shorter than 15 days. The License Agreement expires upon delivery of the written withdrawal to the other party.

6.3 The license agreement for the individual Content of the Provider shall also terminate at the moment when the Provider's Content is removed from the Application.

VII. Restrictions and Prohibitions in Relation to the Provider's Content

7.1 Providers are prohibited from placing in the Application the creation and other content that/which:

a. violates any applicable law or is in any way misleading, discriminatory or fraudulent;

b. is abusive to other people,

c. uses the intellectual property of others, unless the Provider has written permission to do so, or unless the use is protected by a statutory license, or otherwise infringes the intellectual property rights or proprietary rights of others (such as infringement of another's copyright or trademark), unless there is an exception or limitation in applicable law;

d. Contains pornography and any other adult content that depicts nudity, erotic or explicit sexual acts, or promotes the use of alcohol or drugs.

e. is intended to promote or offer services that are contrary to applicable law or otherwise unethical;

f. contains or consists of any of the prohibited and restricted trades listed by Payment Processor Stripe on its website (https://stripe.com/en-gb-us/legal/restricted-businesses), as amended from time to time.

If the Licensee believes that any creation or content placed in the Application violates this prohibition or is otherwise in conflict with the GTC, the Licensee is entitled to delete or disable access to such creation or content and suspend or cancel the Provider's Account, both at the Licensee's discretion.

7.2 The Provider is obliged to refrain from actions by which it obtains data from the products, functionalities and content of the Acquirer, Users or other Providers without their consent, or collects them using automated means, or attempts to access data to which it is not authorized to access.

7.3 The Provider is responsible for all Content created or placed by the Provider in the Application, including its legality, reliability, accuracy and suitability.

7.4 The Provider is responsible for the accuracy of the content of the Provider's Content that is published in the Application and for ensuring that the Provider's Content complies with legal regulations and does not infringe on the rights of third parties. In the event that third parties legitimately assert claims arising from the publication of the Provider's Content, the Provider is obliged to satisfy these claims.

7.5 In the event that the Provider publishes incomplete or incorrect Content of the Provider in the Application, the Licensee shall not be liable for any defects in such content caused by incomplete or incorrect creation or content.

7.6 The Provider is not entitled to publish work that infringes the intellectual property rights or property rights of other persons.

7.7 If the Provider breaches any prohibition or restriction specified in this Article VII, the Provider is obliged to pay the Licensee a contractual penalty in the amount of CZK 10,000 for each individual case of such breach.

VIII. Contractual Penalties and Damages

8.1 The Licensee and the Provider consider the amounts of contractual penalties specified in these Licence Terms to be entirely adequate. The payment of the contractual penalty is without prejudice to the right to compensation for damage incurred by the contracting party requesting the contractual penalty in causal connection with the breach of the Licence Agreement, GCTC or Licence Conditions, with which the obligation to pay contractual penalties is fulfilled.

8.2 The contractual penalty is payable within 14 days from the date on which the obligated party received a written request for payment by the entitled party.

IX. Dispute Resolution

9.1 If the Provider is a Consumer, he/she has the right to an out-of-court settlement of a consumer dispute. Out-of-court dispute resolution is a system that allows for an alternative procedure for resolving disputes, i.e. a procedure different from the traditional court procedure.

9.2 The Licensee hereby informs the Provider, who is the Consumer, that in the event that a consumer dispute arises between them arising from the License Agreement, which cannot be resolved by mutual agreement, the Consumer may submit a proposal for an out-of-court settlement of such a dispute to the designated entity for out-of-court settlement of consumer disputes, which is:

Czech Trade Inspection Authority

Central Inspectorate – ADR Department

Štěpánská 44

110 00 Praha 1

Email: adr@coi.cz

Web: adr.coi.cz

The consumer can also use the online dispute resolution platform, which is set up by the European Commission at http://ec.europa.eu/consumers/odr/.

The rules set by the Czech Trade Inspection Authority, which govern the procedure for out-of-court settlement of consumer disputes, as well as the form for filing a petition, are available to the Participant on the website of the Czech Trade Inspection Authority at the following address: adr.coi.cz or www.coi.cz.

X. Modification of the License Terms

10.1 The Licensee reserves the right to amend these Licence Terms and/or their annexes and/or the Licence Agreement, in particular in the event of a change in legal regulations, the introduction of new services and technologies, a change in the conditions on the electronic communications market, as well as if such a change is necessary due to technical, operational or other reasons on the part of the Licensee (hereinafter referred to as the "Unilateral Change"). The Licensee is obliged to inform the Provider of the Unilateral Amendment of the relevant documents and/or the Licence Terms and/or the Licence Agreement at least 14 days before the change takes effect, either through the Web Interface and/or a message sent to the Account and/or in another suitable and available form. In the event that the Provider does not agree with the Unilateral Amendment of the relevant documents and/or the Licence Terms and/or the Licence Agreement, the Provider may terminate the Licence Agreement within a period of time until the effective date of the Unilateral Change. In such a case, the effectiveness of the Licence Agreement in question shall terminate on the day of delivery of the notice of termination to the Licensee. Such notice may be addressed to the Licensee either to the Licensee's address specified in these License Terms for Delivery, or to the e-mail address: info@forclassmates.com. If the notice of termination of the Licence Agreement is not delivered to the Licensee within the stipulated period, the person concerned shall be deemed to have consented to the Unilateral Amendment without reservation. However, the right to terminate the Licence Agreement under the specified conditions in the case of Unilateral Termination does not arise in the event that the Unilateral Change occurred as a result of a change in binding legal regulations and/or a decision of a public authority.

XI. Final Provisions

11.1 These License Terms come into force and effect on 20/03/2024.

11.2 These License Terms supersede all previous versions. In the event that any provision of these License Terms is found to be illegal or invalid, this shall not affect the validity or effectiveness of the other provisions of these License Terms.

11.3 When using the Application and cooperation on the basis of the License Agreement, the Provider's personal data will be processed. All information about this processing is contained in the privacy policy available in the Application.

11.4 The License Terms are an inseparable part of each validly concluded License Agreement. The Licence Agreement also includes these general terms and conditions of the Licensee for the provision of services to the Users stated at the website address https://www.forclassmates.com/general-terms-and-conditions (hereinafter referred to as the "GTC"). In the event of a conflict between the License Agreement and the License Terms, the provisions in the License Agreement shall prevail. In the event of a conflict between these License Terms and the GTC, the provisions contained in the License Terms shall prevail.

11.5 The Provider may not assign or transfer to a third party any rights and obligations arising from the Licence Agreement without the prior written consent of the Licensee. The rights and obligations arising from the License Agreement shall pass to the legal successors of the contracting parties.

11.6 Legal relationships arising from these License Terms or established by the License Agreement are governed by the relevant provisions of the applicable legislation of the Czech Republic.

11.7 In the event that any of the provisions of the License Agreement and/or the License Terms are invalid, this shall not affect the validity of the other provisions of the License Agreement and the License Terms. Invalid provisions shall be replaced by provisions of the applicable legislation of the Czech Republic, which are closest in content and purpose to the content of the License Agreement and the License Terms.

11.8 If the relationship established by the License Agreement contains an international (foreign) element, then the parties agree that the relationship shall be governed by Czech law. This is without prejudice to the rights of the Consumer arising from generally binding legal regulations.

11.9 Only Czech courts shall have jurisdiction to resolve disputes arising from these License Terms or the License Agreement and disputes related thereto. The Parties have expressly agreed to change the territorial jurisdiction of the court of first instance (prorogation) in such a way that all disputes arising from these Licence Terms or the Licence Agreement, or arising in connection therewith, shall be resolved in accordance with Section 89a of Act No. 99/1963 Coll., the Code of Civil Procedure, as amended, at the competent court of first instance according to the Acquirer's registered office.

11.10 In the event that the Provider is a Consumer, the provisions of the GTC that are regulated in derogation from the law and to the detriment of the consumer shall not apply to the Consumer.

11.11 These License Terms do not limit any consumer protection rights that the Consumer may have under the mandatory laws of his country of residence.

11.12 The following appendices form an integral part of these License Terms:

a. Appendix 1 – Table of License Fee Calculation

Appendix No. 1 - Table of License Fee Calculation

1. Introduction

The calculation of the time that Users spend on the Provider's Content and the determination of the license fee for the Provider takes place on the server part of the Applications using the main technologies:

1) Python programming language

2) Django Rest framework

3) Server Daphne

4) WebSocket communication

5) REDIS database

6) PostgreSQL database

2. The process of counting time itself

In the first part of the process, a message is received from the frontend part of the Application [the part of the Application that serves the Application User by interacting with the graphical environment of the Application (hereinafter referred to as "FE")] to the backend part of the Application [the server part of the Application (hereinafter referred to as "BE")] via WebSocket communication via the Daphne server stating that the User has entered a certain url address in the Application (if the term "url" is used in this Annex No. 1 to the License Terms, they mean the URL within the Application).

For example:

{

"Url": "/Encyclopedia/Quests/13"

}

All URLs (including the homepage, User profile, etc.) are sent. This information is held in code in a variable. In addition, a message is sent from FE about when the User is inactive or active within the application.

For example:

{

“is_inactive”: true

}

After the User does not perform any interaction (mouse, keyboard, touch screen, etc.) in the Application for a period of 5 minutes, true is sent, and if he subsequently performs any interaction, false is sent.

Subsequently, the User enters the new URL of the Application and after this information is received by BE, the process of calculating the time that the User spent on the previous page of the Application will take place on BE. This time is calculated based on how long the User has spent on the Application page and how long they have been active and inactive on the page. The calculated time is stored in a temporary Redis database as a key and value, where

The key has the form: t:{token_field_short}.{ token}. {previous_url}. {date_time_to_save}

· t - identifier, variable for spent time

· token_field_short - abbreviated variant of the name of the User's token (t - token, ta - token_anonymous)

· token - the value of the User's token

· previous_url - The URL for which time is tracked

· date_time_to_save - calendar date and hour for which the record will be stored in the database

The key value is then a numeric value in seconds that the User was active on the Application page.

The same happens if information comes from FE that the User has logged out of WebSocket communication. If information comes from FE that a user has logged out of WebSocket communication, all records from the temporary Redis database are stored in the permanent PostgreSQL master database. An exception occurs if the User visited the content of the topic as the original page, in which case the time spent on the Application url is directly stored in the PostgreSQL database without being stored in a Redis database.

3. What is the content for which the Provider receives a license fee?

The content for which the Provider collects the Licence Fee according to the rules set out in this Annex No. 1 to the Licence Terms is considered to be the question by which the Provider is the author and the content of the topic where the Provider is the author of the given topic.

Wherever the Application URL suffix comes: questions/{question id}, it is considered that the User has visited the page that contains the question.

This happens for an encyclopedia question (for example: "/encyclopedia/questions/13") or for a course (for example: "/courses/detail/circle/content/390/questions/868"). Wherever the Application URL suffix is: topics/{topic slug}/{topic content slug}, it is considered that the User has visited a page that contains the topic content.

This happens in an encyclopedia (for example: "/encyclopedia/topics/powers-and-roots/introduction-cm7sj") or within a course (for example: "/courses/detail/basics/content/388/topics/circle/something-more-about-circle")

4. Conditions for determining the value of the User's second

Each User in the Application has a value of a second in the Application. The Provider's license fee is calculated only on the basis of the value of a second of such a User who is registered and at the same time has purchased a paid Subscription and at the same time has seen the Provider's content for at least one second.

5. Value of the User's second

The value of the User's second for each individual day is calculated as:

the value of the User's second for a single day = (((100 / 121 * value of the last purchased Subscription) / (number of months of one paid period of the Subscription * 30)) * 0.4) / the number of seconds spent on all the content of the Application on a particular day (question, topic content) if spent at least a second or 0 on such content

Where:

· 0.89 is the coefficient for calculating the tax-free amount,

· 30 is the universal number of days in a month,

· 0.4 is a coefficient for a proportional share of 40% of the value of the User's second, which belongs to the Provider's Content Provider (according to the Distribution Model). If a particular User registers his/her Account through a unique link of the Provider and pays the Subscription at the same time, then this coefficient will be 0.6, as the coefficient will be increased by 20% affiliate according to the Distribution Model.

6. The amount earned by a specific Content of the Provider

The amount earned by a particular Content of the Provider (question, topic content) (hereinafter referred to as the "Amount earned by the Provider's Content") on the relevant day is calculated as:

For each content of the Provider (question, topic content) that was viewed for at least a second on a given day:

for each paying User (User with a paid Subscription) who saw any of the Provider's Content (question, topic content) on the given day:

earnings of the Provider's Content (Amount earned by the Provider's Content) = the number of seconds that the User spent on a specific Content of the Provider * the value of the User's second for the given day

7. Amount of the license fee

The amount of the license fee, to which a particular Provider is entitled, is calculated daily and then a monthly summary is made (as the license fee is calculated in monetary terms for the entire past month).

8. Daily

For each Provider (question, topic content), all questions and topics (Provider's Content) of which the Provider is the creator, or published or otherwise made available in the Application, will be found.

Subsequently, the Acquirer shall find out whether there is a record for the given day that the Provider's Content has earned any funds (Amount earned by the Provider's Content).

If so, the Amounts earned by the Provider's Content calculated according to the rules above for all the Provider's Content on the relevant day shall be added together, and the amount thus determined shall constitute the Provider's daily license fee.

9. Monthly

Subsequently, at the end of each month, the Provider's daily license fees are added together to determine the amount of the Provider's monthly license fee for the relevant month.

All this data is stored in a PostgreSQL database.

10. Currency

All financial amounts in the Application are deposited and calculated in EUR. When the Licence Fee is paid to the Provider, the amount is converted into the currency of the Application's account belonging to the Acquirer on the Payment Processor's portal using the current exchange rate obtained from the Exchange Rate API. This amount is then transferred to the Provider's linked account on the Processor's Portal in the currency of the Provider's bank account linked to the Payment Processor's Portal.