Terms of Service / VirtexPay

1. Introduction

Welcome to VirtexPay ("Company," "we," "our," or "us"). These Terms of Service ("Terms") govern your access to and use of our cryptocurrency payment gateway platform ("Service").

By accessing or using the Service, you agree to be bound by these Terms. If you do not agree, you must not use the Service.

2. Eligibility

To use our Service, you must:

Be at least 18 years old
Have the legal capacity to enter into binding agreements
Not be located in a jurisdiction where use of cryptocurrency services is prohibited

By using the Service, you represent and warrant that you meet these requirements.

3. Description of Services

Our Service enables users to:

Accept and process cryptocurrency payments
Send and receive digital assets
Integrate crypto payment solutions into their platforms via APIs

We reserve the right to modify, suspend, or discontinue any part of the Service at any time without prior notice.

4. Account Registration and Security

To access certain features, you must create an account. You agree to:

Provide accurate and complete information
Maintain the confidentiality of your credentials
Be responsible for all activities under your account

You must notify us immediately of any unauthorized access or security breach.

5. Compliance and Regulatory Requirements

You agree to comply with all applicable laws and regulations, including:

Anti-Money Laundering (AML) laws
Know Your Customer (KYC) requirements
Tax obligations in your jurisdiction

We reserve the right to:

Request identity verification documents
Suspend or terminate accounts that fail compliance checks

6. Prohibited Activities

You agree not to use the Service for:

Illegal activities, including fraud, money laundering, or terrorism financing
Processing payments for prohibited goods or services
Attempting to exploit, hack, or disrupt the platform
Circumventing security or compliance measures

We may investigate and take appropriate legal action against violations.

7. Cryptocurrency Risks

You acknowledge and accept the risks associated with cryptocurrency, including:

Price volatility
Irreversible transactions
Network congestion or delays
Regulatory uncertainty

We are not responsible for losses arising from these risks.

8. Fees and Payments

Fees for using the Service will be disclosed on our platform or agreed upon separately
You authorize us to deduct applicable fees from transactions
All payments are final and non-refundable unless otherwise stated

9. Third-Party Services

Our Service may integrate with third-party providers (e.g., wallets, exchanges, KYC providers). We are not responsible for:

Third-party service performance or availability
Losses caused by third-party failures

Your use of third-party services is subject to their respective terms.

10. Intellectual Property

All content, software, and technology related to the Service are owned by or licensed to us. You agree not to:

Copy, modify, or distribute our intellectual property
Reverse engineer or attempt to extract source code

11. Suspension and Termination

We may suspend or terminate your access to the Service if:

You violate these Terms
We are required to do so by law
Your use poses a risk to the platform or other users

Upon termination, your right to use the Service ceases immediately.

12. Limitation of Liability

To the fullest extent permitted by law:

The Service is provided "as is" and "as available"
We disclaim all warranties, express or implied
We are not liable for indirect, incidental, or consequential damages

Our total liability shall not exceed the fees paid by you in the past 12 months.

13. Indemnification

You agree to indemnify and hold harmless VirtexPay, its affiliates, and employees from any claims, damages, or losses arising from your use of the Service, your violation of these Terms, or your violation of applicable laws.

14. Data Protection

Your use of the Service is also governed by our Privacy Policy. By using the Service, you consent to our data practices as described therein.

15. Governing Law and Jurisdiction

These Terms shall be governed by and construed in accordance with the laws of the applicable jurisdiction.

Any disputes arising out of or relating to these Terms shall be subject to the exclusive jurisdiction of the courts in the applicable jurisdiction.

16. Changes to These Terms

We may update these Terms from time to time. Continued use of the Service after changes constitutes acceptance of the updated Terms.

17. Force Majeure

We are not liable for failure or delay in performance due to events beyond our reasonable control, including:

Natural disasters
Cyberattacks
Network failures
Government actions

18. Entire Agreement

These Terms constitute the entire agreement between you and VirtexPay regarding the use of the Service and supersede any prior agreements.

19. Contact Information

VirtexPay

Email: [email protected]

Address: City Road, London

By using our Service, you acknowledge that you have read, understood, and agree to be bound by these Terms of Service.