Terms of Service

These Terms of Service (“Terms”) govern your access to and use of the website, mobile applications, and payment services (collectively, the “Services”) provided by VaPay Technologies Inc. (“VaPay,” “we,” “us,” or “our”). By creating an account or using the Services, you agree to be bound by these Terms and our Privacy Policy. If you do not agree, you may not use the Services.

You must be at least 18 years old and have the legal capacity to enter into a binding contract to use the Services. You must not be located in, or a resident of, any country or region that is subject to comprehensive sanctions, and you must not be listed on any government restricted-party list. We may decline to open, or may suspend or close, an account where we cannot verify eligibility.

To use most features of the Services, you must create an account and complete our identity verification process. You agree to provide accurate, current, and complete information and to keep it up to date.

You are responsible for maintaining the confidentiality of your login credentials and for all activity that occurs under your account. Notify us immediately if you suspect unauthorized access to your account.

Certain Services, including account sign-up, login, and transaction authorization, require you to provide a mobile phone number and to receive one-time passcodes (OTP) and other text messages (SMS) at that number in order to verify your identity. By providing your mobile number, you consent to receive these text messages, and you confirm that you are the owner or authorized user of that number.

Message frequency varies depending on your account activity, and message and data rates may apply. You may opt out of non-essential SMS communications at any time by replying STOP, though opting out of verification or security messages may prevent you from completing sign-up, login, or transactions that require phone verification. See our Privacy Policy for more information on how we handle your mobile information, which is not shared with third parties or affiliates for marketing purposes.

VaPay enables users to send, receive, hold, and convert money across currencies, including through the use of stablecoins. Some Services are provided directly by VaPay, while others, such as custody of fiat funds, are provided by licensed banking or payment partners. VaPay is a financial technology company and is not itself a bank.

Certain Services involve stablecoins such as USDC, issued by Circle, and USDT, issued by Tether. These are digital assets issued by third parties, and VaPay does not control their issuance or redemption.

• Stablecoins are intended to maintain a stable value relative to a reference currency, but their value is not guaranteed and may fluctuate or be affected by issuer, market, or network conditions.
• Blockchain transactions are generally irreversible; sending funds to an incorrect address may result in permanent loss.
• VaPay does not provide investment, legal, or tax advice, and nothing in the Services should be construed as such.

VaPay charges fees for certain transactions and services, which will be disclosed to you before you complete a transaction. We may change our fees from time to time; continued use of the Services after a fee change takes effect constitutes acceptance of the new fees.

You agree not to use the Services to:

• Violate any applicable law or regulation.
• Engage in money laundering, terrorist financing, fraud, or other illicit financial activity.
• Infringe the intellectual property or other rights of any third party.
• Interfere with or disrupt the integrity or performance of the Services.
• Attempt to gain unauthorized access to the Services or related systems.

VaPay is required to comply with know-your-customer (KYC), anti-money laundering (AML), and sanctions laws in the jurisdictions where it operates. We may request identity documents, screen transactions, delay or decline transactions, and report activity to regulators or law enforcement as required by law. Failure to provide requested information may result in restriction or closure of your account.

The Services, including all software, text, graphics, logos, and trademarks, are owned by VaPay or its licensors and are protected by intellectual property laws. We grant you a limited, non-exclusive, non-transferable license to use the Services for their intended purpose. You may not copy, modify, distribute, or create derivative works from the Services without our prior written consent.

To the fullest extent permitted by law, VaPay and its affiliates will not be liable for any indirect, incidental, special, consequential, or punitive damages, or any loss of profits, revenue, data, or goodwill, arising from your use of the Services, including losses related to stablecoin price fluctuations, network outages, or third party partner failures. Our total liability for any claim arising out of the Services will not exceed the fees you paid to us in the twelve months preceding the claim.

You agree to indemnify and hold VaPay, its affiliates, and their respective officers, directors, employees, and agents harmless from any claims, damages, liabilities, and expenses arising from your use of the Services or your violation of these Terms.

You may close your account at any time, subject to settling any outstanding obligations. We may suspend or terminate your access to the Services at our discretion, including where we reasonably believe you have violated these Terms, pose a compliance or security risk, or as required by law. Provisions of these Terms that by their nature should survive termination will continue to apply.

These Terms are governed by the laws applicable in VaPay’s jurisdiction of incorporation, without regard to conflict-of-law principles. Before initiating any formal dispute, you agree to first contact us so we can attempt to resolve the matter informally. Any dispute that cannot be resolved informally will be subject to the courts or arbitration procedures described in your account agreement.

We may update these Terms from time to time. If we make material changes, we will provide notice through the Services or by email before the changes take effect. Your continued use of the Services after the effective date constitutes acceptance of the updated Terms.

If you have questions about these Terms, please contact us through our Support page.