Terms and Conditions
Please read all of these terms and conditions. By accessing, using any part of our website, or making use of our services, you agree to be bound by this agreement. Paywrx Connect Ltd and you (hereinafter referred to as the "user") are under contract and this agreement is in effect as of the time you acquire the services listed below. If you do not accept all of the terms and conditions described above, you will not be able to use our website or any associated services.
Overview
Paywrx Connect Ltd, 810 QUAYSIDE DR #205, NEW WESTMINSTER, BC V3M 6B9, CANADA is responsible for maintaining the website paywrx.com (the "website").
E-mail: [email protected].
On this page, references to "we", "us", "Paywrx", and "our" are to Paywrx Connect Ltd. You must agree to all of the terms, conditions, policies, and notices in order for this website to provide any data or services to you, the user.
As a user of our services, you agree to abide by the terms and conditions stated in the subsequent sentences.
Paywrx Connect Ltd provides its customers with exchange services for cryptocurrencies. Any additional features or services that are added to the current website shall also be subject to these Terms and Conditions. You can always view the most updated terms and conditions on this website. We reserve the right to change any portion of these terms and conditions by posting updates and/or adjustments to our website. You are required to regularly check this page for updates. Your continued use of or access to the website following the publication of such revisions implies your acceptance of those changes.
Capacity and Authority
The parties and their respective legal representatives attest that they have the authority necessary to enter into this agreement and are able to do so.
You further represent and warrant that you are at least the age of majority in the state or province in which you reside and, if applicable, that you have authorized any minor dependents of yours to access this website.
Enforceability
The parties to this Agreement are bound by and may be held liable under this Agreement in line with its terms.
Disclaimer
To the fullest extent permitted by applicable law, nothing in this Agreement will:
- minimize or prohibit your liability for incorrectly interpreting the data on the website;
- restrict any of your obligations in a way that isn't permitted by law;
The limitations and exclusions of liability set forth in the other sections of the disclaimer and in this section:
- are covered by the preposition above;
- clause shall govern all liabilities arising out of or in connection with the subject matter of this disclaimer.
Interpretations
Nothing in this text will, to the fullest extent permissible by relevant law:
- "VISITOR" refers to any user who browses our websites without registering with us.
- "USER" refers to the individual who opened an account with us and bought coins;
- "REGISTRATION" or "REGISTER" refers to the process of opening an account as a user on our site;
- "PURCHASE" refers to the agreement by which a User purchases and pays for a coin on our website.
Accuracy of website
Despite our best attempts to publish accurate and timely information there, the website may not always be completely accurate, complete, or up to date. It also might contain technical or typographical errors.
In an effort to continue giving you the most accurate and comprehensive information possible, information, including without limitation information relating to our policies, products, and services, may be changed or updated from time to time without prior notice, to the extent permitted by applicable law. Determinations you make in reliance on information available on the website are exclusively your own responsibility; we assume no responsibility for these judgments. As a result, you should always confirm information before relying on it.
Links to third-party resources, including without limitation any websites, are provided for your convenience but are beyond our control. You acknowledge and accept that we have no control over any information, content, or services found in any third-party materials accessible through or linked from the website.
Requirements
To be eligible to use any of the Paywrx Services, you must be at least 18 years old and reside in a country where the applicable Paywrx Services are available. Please be advised that not every country offers Paywrx Services.
Statement Of Service
None of Paywrx's own cryptocurrencies are promoted. We give our customers the option to buy cryptocurrencies at a real exchange rate through the online resource paywrx.com, which acts as the client service agency.
Paywrx organizes the funds maintenance via licensed third-party financial service providers.
Since we don't mine bitcoin, but rather only acquire it for you in order to offer the Services, you won't be charged GST when buying it. The GST on the Website's commission will be your exclusive responsibility to pay.
You are deemed to have agreed to all of the terms and conditions below by posting a trade request on our website.
The requirements are broad enough to include just crypto purchases made using the website as a mediator.
Utilization of account & registration
System of registration
To use the Paywrx Services, you must first create an account (a "User Account") by providing your name, email address, country of residence, and a password, along with your agreement to these Terms and Conditions. You declare and agree that by using a User Account, you will only use our Services for your own profit and not for the benefit of anybody else without our prior approval. You alone are accountable for any actions taken using your User Account. In our sole discretion, we may refuse to create a User Account for you, place a cap on the number of User Accounts you may have, suspend or terminate any User Account, or forbid the trading of any specific Cryptocurrency.
Access to External Parties
You acknowledge that you are still responsible for all of your duties under this Agreement even if you expressly allow a third party to connect to or access your User Account(s), whether through that third party's product or service or through the website. Any action that a third party who has access to your User Account(s) does is considered to have your approval, and you alone are responsible for their consequences. Furthermore, you acknowledge and agree that you will not hold Paywrx accountable for any deeds or omissions made by any third parties who have access to your User Account. Rather, you will hold Paywrx blameless for any consequences arising from or related to such deeds or omissions.
Verification
You agree to provide us with all the information required by law so that we can confirm your identification and look for red flags of fraud, money laundering, or other financial crimes. There are a few verification procedures you must complete before you can access the Services. Due to the ongoing data collecting, the limitations that apply to your use of the Services may vary. We will ask you for personal information like your name, address, phone number, email, date of birth, TFN, GRN, bank account information, network status, customer type, customer role, billing type, mobile device identifiers (like IMSI and IMEI), and other subscriber status details. We may also ask you for other information related to your account status. You pledge to keep us informed of any changes to the information you initially provided and verify that it is all true and accurate. You hereby expressly authorize us to make any inquiries, directly or through third parties, and to take any actions we deem reasonably necessary in light of the results of such inquiries in order to verify your identity during the AML/CFT procedures or to protect you and/or us against fraud or other financial crime. Additionally, once a transaction has been completed, we have the right to limit your use of other Paywrx Services and/or stop you from participating in transactions that exceed specific volume criteria.
Procedure for verification
Paywrx uses multiple-level systems and procedures to collect and verify information about you in order to protect Paywrx and the community from dishonest people and to keep accurate records of Paywrx customers. The identification information and/or identification documentation you provide Paywrx may be a determining factor in your ability to use the Paywrx Services and any associated limits, such as daily or weekly conversion limits, withdrawal and trading limits, limits on instant purchases, limits on transfers, and limits on transactions using a linked payment method.
Paywrx may need you to provide or verify more information, or to wait a set amount of time after a transaction has been completed, before letting you to use any of its services and/or before allowing you to conduct transactions beyond a specific volume limit.
You can make a request to request higher restrictions. At Paywrx's request, you must submit to Enhanced Due Diligence. It is not assured that your limits will be increased, and Paywrx does not rule out the potential of additional fees and costs.
Details of the trading process
Then, you make a Purchase request on our website to request our Services. Our commercial services include the Commission as part of the total cost of our services. You will receive confirmation of the amount and cost of the cryptocurrency you purchase after submitting an Order. The cryptocurrency will be kept in escrow until the website system accepts and processes your request. To complete your order, you must adhere to the order form's requirements. The trading process takes time and is not simple.
If the user does not correctly complete the payment or identification process, Paywrx has the right to impede the purchase transaction. For instance, users are not permitted to utilize a third party's data to make the payment or use a virtual private network (VPN) or the Onion Router (TOR).
Our system will deliver the cryptocurrency you requested to your wallet via our contractual agreements with cryptocurrency exchanges as soon as you finish the payment for your Order and our payment provider issues the confirmation. If the system interferes with your usual purchasing strategy, we must finish returning the facilities as soon as possible. Only bank system processing or disconnect time could cause a timeout.
Transferring the cryptocurrency resources to a different electronic wallet
Only one external wallet designed specifically for holding crypto is permitted for use by our clients.
Service rentals
As soon as we get your purchase request, the system quickly executes your Order. Please be aware that blockchain rules have certain limitations on how quickly the entire transaction may occur; as a result, cryptocurrency may be in your electronic wallet in 24 hours.
The following transaction amounts are restricted, while there is a chance that individual limit adjustments will be made: 15,000 euros each month in card purchases.
Method of Purchase
Use any of the payment options offered on the website, including a credit card, debit card, or bank transfer. If you decide to pay with a credit card, we will require you to utilize certain website parts to upload your ID document and another official document that at the very least states your name, to provide us with your phone number, and to provide us with your email address. The system might also ask you to confirm your online presence using social media. You agree that Paywrx may, in its sole discretion, cancel any associated Orders or deduct funds from your other payment options in an amount equal to that needed to complete the failed payment. It is your obligation to maintain a respectable balance and/or sufficient credit limits on your payment methods in order to avoid overdrafts.
Exchange services provided
Paywrx does not mine cryptocurrency. We obtain the currency on your behalf by utilizing our contractual agreements with crypto exchanges and merchants. You authorize Paywrx to serve as your only exchange for the sole purpose of executing your Order to buy cryptocurrency. On your behalf, we manage the transaction at the most advantageous rate made available by the cryptocurrency exchanges and suppliers we work with. We base the price given in our advertisement on information about the current average price across the cryptocurrency exchanges we work with. We consider the fluctuation of exchange rates as well as, when appropriate, the exchange rate between fiat currencies and the euro while carrying out this. The ultimate price of our purchase may be impacted by price fluctuations from the cryptocurrency exchange, which could change it from the price indicated in the contract and the client order and make the electronic currency appear more expensive or less expensive. However, our consumer is unaffected by this: If the electronic money we purchase on your behalf proves to be more expensive than what was agreed upon in the contract, we are required to make up the difference; you agree that we are entitled to retain the difference if the electronic money we purchase on your behalf proves to be less expensive.
Commission
You pay the Commission on top of paying for the Order. Your Order in euros includes a specific percentage that goes to the Commission. Before you pay for your Order, you will be made aware of the Commission. The Commission will include the GST that we charge. You will receive all the information you require as soon as you complete the Order, including a bill that includes the quantity of cryptocurrency you bought, the Commission %, GST, and the total order cost. We cannot promise that the bitcoin you purchase is eligible for Goods and Services Tax credit. We are not obligated to offer proof of the source of the funds' acquisition.
Personal data of the user
Before we may do the tasks required by the Order, we must have your identity on hand. Your supplied data will be gathered and used strictly for identification verification. Your personal information might be safely encrypted and kept on file for reporting purposes. Only our affiliated parties, corporate officers, and employees have access to your personal information. Exceptions can only be provided in cases where the law specifically allows them. Regarding details on how we use your personal data, please see our Privacy Policy.
Any action that would violate a law, ordinance, regulation, or sanctions program in a country where Paywrx does business, or that would facilitate the violation of a law, as well as the publication, distribution, or dissemination of any illegal content or information, is considered illegal behavior.
Violent behavior includes any activity that interferes with, intercepts, or takes information for one's own goals and has a negative impact on any system, data, or information; Use another party's User Account information to access or use the website, unless it relates to specific merchants and/or applications that are specifically authorized; attempt to gain unauthorized access to the website, other User Accounts, computer systems, or networks connected to the website through password mining or any other method; transmit or upload any material to the website that contains viruses, trojan horses, worms, or any other harmful or deleterious programs;
Defame, abuse, extort, harass, stalk, threaten, or otherwise violate or infringe on another person's legal rights (including, but not limited to, rights of privacy, publicity, and intellectual property); incite, threaten, facilitate, promote, or encourage hate, racial intolerance, or violent acts against others. Harassment of other users.
Fraud occurs when someone tries to trick Paywrx, its users, or anybody else by providing false, inaccurate, or misleading information.
Right Of Intellectual Property
Users acknowledge and agree that, unless otherwise stated, all works, images, pictures, dialogues, music, sounds, videos, documents, drawings, figures, logos, and other content published on paywrx.com, including menus, web pages, graphics, colors, schemes, tools, the website's fonts, and design, are the sole property of Paywrx. By owning, using, or accessing our services, the User or any other person does not acquire any rights, titles, or interests in or to such intellectual property rights.
Users may not, without Paywrx's prior written consent:
- Republish content found on paywrx.com
- Sublicense, sell, or rent content from paywrx.com
- Copying or duplicating content from paywrx.com
- Republish material from paywrx.com
Cancellation, Suspension, And Termination
We reserve the right to do any of the following, even after funds have been taken from your User Account: (a) decline to complete, block, cancel, or reverse a transaction you have authorized; (b) limit or terminate your access to some or all of the Paywrx Services; and/or (c) deactivate or cancel your User Account with immediate effect for any reason, including but not limited to:
- We have a good faith belief that we must act to preserve our reputation;
- We believe that any relevant law, rule, court order, or other authority to which we are subject in any country requires us to do so;
- We have a good reason to believe you are breaking this Agreement;
- We think that you have violated any of our Terms and Conditions and/or any later or separate agreements;
- We are worried about a transaction's accuracy, the safety of your user account, or that the Paywrx Services are being used fraudulently or without authorization;
- We suspect fraud, money laundering, sponsorship of terrorism, or any other type of financial crime;
You perform any activity that may get past our safeguards, such as creating multiple User Accounts or abusing any discounts we may occasionally offer. Your use of your User Account is subject to any ongoing legal action, inquiry, or government process, and/or we believe your User Account behavior carries a higher risk of breaking the law or violating regulatory requirements.
In addition, if your credit or debit card or any other legitimate payment method connected to your User Account is rejected, we may refuse to finish, block, cancel, or reverse a transaction you have approved. If we decline to complete a transaction, suspend, limit, or shut your User Account, and/or terminate your use of the Paywrx Services, we will, unless doing so would be illegal, give you notice of our decision, the reasons behind the denial, suspension, or closure, and, if applicable, the process for rectifying any factual inaccuracies that may have contributed to the refusal, suspension, or closure. If we decline to finish a transaction and/or suspend your user account, we shall restore the suspension or finish the transaction as soon as it is practical to do so once the grounds for the refusal and/or suspension have ended. We are not required to let you reopen a transaction at the same cost or under the same conditions as the one that was halted, reversed, or canceled, though.
We reserve the right to cancel or delete your user account without notice and to suspend, restrict, or terminate your usage of any or all of the Services upon 10 days' notice. You acknowledge that we have the right to decide to take certain actions, such as limiting access to, suspending, or terminating your User Account, in order to adhere to our risk management and security protocols. You understand that we are not required to tell you of its risk management and security procedures.
Outcomes
Unless prohibited by law, a court order, or any order to which Paywrx is subject in any location, you may use your user account to transfer cryptocurrency for ten (10) days after this agreement expires. You are not permitted to use the Paywrx Services or your User Account for any other purposes during these hours, and we reserve the right to impose limitations on your usage of particular website features based on our evaluation. We reserve the right to require you to go through the Identity Verification procedures again before allowing you to place an order if, for any reason, your account is suspended, closed, or you are no longer able to access the Paywrx Services. There will be no charge for closing your User Account, but you must pay any outstanding balances owed to us. You authorize us to cease or halt all current transactions at the time of cancellation.
Indemnification
You agree to indemnify us, our affiliates, and service providers, as well as each of our or their officers, directors, agents, employees, and representatives, from any costs (such as legal fees and any fines, fees, or penalties imposed by any regulatory authority) related to any claims, demands, or damages resulting from or connected to your breach of this Agreement, our enforcement of it, or your violation of a law, as well as from any costs we incur in enforcing this Agreement or responding to claims
You understand and agree that you will not hold Paywrx, its affiliates, service providers, and each of their officers, directors, agents, joint venturers, employees, and representatives liable for any claims, demands, or damages (actual and consequential, direct or indirect), of any kind or nature, arising out of or connected in any way to any disagreement you may have with one or more users of the Paywrx Services.
Laws limiting liability
This Agreement does not restrict our liability for death or physical injury brought on by our carelessness or the fault of our subcontractors. It also does not limit our liability for severe negligence or intentional misconduct.
Only the things mentioned in this agreement fall under our responsibility. We are not liable for any loss that our User sustains outside the scope of this Agreement, including but not limited to the following instances:
- you entered incorrect account information during the payment;
- you failed to add money for the payment or the bank failed to complete the payment for your Order within the agreed period;
- you are having trouble controlling your digital wallet.
Local law
Any present provisions that are prohibited from being excluded by local law cannot be excluded. This is also true when a law establishes rights or includes unalterable language in its provisions. We will limit our liability to the fullest degree permissible by law if the legislation in the nation where you reside does not specifically provide an exclusion of liability or duty restriction but does permit some restrictions. We promise to change, restrict (only to the appropriate degree), or eliminate any provision that seems to violate local legislation. We shall eliminate any invalid provision and the operation of the other sections shall not be affected thereby.
Lawfulness of the agreement
We state that the status of any term of the agreement that conflicts with local law or is declared illegal will not in any way affect the validity of the remaining sections, which will continue in force.
The impossibility of a verdict
If we haven't handled a violation by you or another party properly, it doesn't take away from our ability to handle a later or similar violation properly.
Arrangement's completeness
The present agreement, along with the papers cited therein, is the whole agreement between the client and Paywrx for the purposes of using the Service. That implies that all earlier contracts are canceled.
Agreement of License
We grant you a limited, non-exclusive, non-transferable license to access and use the website and all associated content, materials, and information (collectively, "Content") solely for the allowed uses that we may from time to time permit, according to the terms of this Agreement.
Any other use of the website or the Content is strictly prohibited, and all other rights, titles, and interests in the website or the Content are the exclusive property of Paywrx and its licensors. You agree that you are prohibited from copying, transmitting, disseminating, selling, licensing, reverse engineering, altering, publishing, participating in the transfer or sale of, creating derivative works from, or otherwise exploiting any of the Content, in whole or in part. You are not permitted to copy, reproduce or use them without our prior written consent.
Modifications
Any changes to the Agreement (including those pertaining to additional Paywrx Services) may be made by us, and we will notify you via email or website posting when the changes go into effect. If it is legal, we may indicate that the updated Agreement will take effect immediately even though we will try to provide you early notice wherever feasible. If you do not agree with any such modification, you should terminate your User Account and stop using the Paywrx Services. The most recent version of the Agreement will always be accessible on the Internet and, upon request, will be sent to you through email.
Taxes
You are entirely in charge of establishing whether and to what extent taxes apply to any transactions you make using Paywrx Services, as well as for ensuring that the appropriate amount of tax is withheld, collected, reported, and transmitted to the appropriate tax authorities. Your transaction history is accessible through your User Account.
Full agreement
It replaces any and all past discussions, agreements, and understandings between you and Paywrx of any sort (including without limitation any earlier versions of this Agreement). Regarding the subject matter of this Agreement, this Agreement contains all of the understanding and agreement between you and Paywrx.
Accuracy
Language
Any information or notifications that you or we are to supply under this Agreement must be in English. Any translation of this Agreement or other documents is offered solely for your convenience and may not exactly reflect the content in the English original. The English language version of this Agreement or other documents shall control in the case of any discrepancy.
M&A
The information we have gathered about you and our connection with you (including this Agreement) may be transferred or assigned as part of a merger, acquisition, sale, or other change of control if Paywrx is bought by or merged with a third party organization.
Survival
All terms and conditions in this Agreement that, by their nature, continue to apply after its expiration or termination, such as those relating to suspension or termination, cancellation of a user account, debts owed to Paywrx, general use of the website, disputes with Paywrx, and general provisions, will remain enforceable and in effect.
Law rule
The laws of the Canada apply to any agreement based on these clauses. Implicitly, each party consents to the Canada courts having jurisdiction over their case.
Regulated Regions
Residents of the following nations are not eligible for our services:
Afghanistan, Anguilla, Antigua and Barbuda, Aruba, Azores, Bahamas, Bangladesh , Barbados, Belarus, Belize, Bermuda, Bhutan, Bolivarian Republic of Venezuela, Bosnia, Brunei Darussalam, Cayman Islands, Chad, Commonwealth of Dominica, Congo, Cook Islands, Cuba, Democratic Republic of the Congo, Djibouti, Eastern Republic of Uruguay, Ecuador, Fiji, Gaza Strip, Gibraltar, Guatemala, Herzegovina, Iran, Iraq, Kenya, Kingdom of Bahrain, Kingdom of Tonga, Kosovo, Lebanon, Libera, Libya, Maldives, Marshall Islands, Mauritius, Mongolia, Montserrat, Myanmar (Burma), Namibia, Nauru, Nepal, Niue, North Korea (Democratic People's Republic of Korea), Pakistan, Palau, Russia, Saint Helena, Ascension and Tristan da Cunha, Saint Kitts and Nevis, Saint Pierre and Miquelon, Samoa, Sierra Leone, Sint Maarten (part of the Netherlands), Somalia, South Sudan, Sudan, Syria, Tahiti, Trinidad and Tobago, Turks and Caicos Islands, United States Virgin Islands, Vanuatu, Yemen, Zimbabwe
Dispute and Complaint Resolution Policy
This Dispute and Complaint Resolution Policy is an essential component of Paywrx's Terms and Conditions, delineating the process for addressing conflicts and grievances arising from the use of Paywrx services.
Scope and Applicability
Applying to all disputes, complaints, or disagreements between users and Paywrx related to the use of services on the Paywrx platform, this policy mandates users to notify Paywrx of any dispute or complaint through the official email address. Users must clearly outline the nature of the issue, include relevant transaction details, and provide supporting evidence. Disputes and complaints should be raised within 24 hours from the transaction or relevant occurrence.
Upon receiving a dispute or complaint notification, Paywrx commits to acknowledging it within 5 business days. The dedicated team will thoroughly review the matter, potentially gathering additional information from the involved parties. Paywrx aims to resolve disputes and address complaints within 30 working days from acknowledging the submission.
Resolution Outcome
Users will be notified of the resolution or outcome of the dispute or complaint via the email provided during registration. The resolution provided by Paywrx is binding and considered final, adhering to applicable laws. Paywrx's liability in dispute and complaint resolution aligns with the "Laws limiting liability" section of the Terms of Use.
Fraudulent or Unlawful Activities
If a dispute or complaint involves allegations of fraudulent or other illegal activities, Paywrx retains the right to take supplementary actions, including reporting to relevant authorities and collaborating with law enforcement institutions.
Refund/Cancellation Policy
All deals made on Paywrx are final due to the nature of the cryptocurrency markets. Review the official return policy listed below.
Any contributions made to Paywrx members' accounts may, at the user's request, be returned to the original funding method so long as the money is still present in the user's original fiat balance. If only a portion of the funds remains in the user account, a partial refund may be processed upon the user's request.
All refund requests will be processed using the same payment method as the initial financing.
Funds that have been used to buy bitcoin through the Paywrx system cannot be refunded.
Money that has already been removed from the Paywrx website using one of the numerous methods is not eligible for a refund.
If you have any more inquiries about our refund policy, please get in touch with [email protected]