Terms and Conditions for StablePayments

Last Updated: January 26, 2024

1. Introduction

Welcome to StablePayments, a digital wallet service designed to facilitate USDT transactions on the Polygon network. Our platform enables users to send USDT to one another seamlessly and securely. In addition to our wallet services, we provide an API for integration into third-party applications, expanding the utility and accessibility of StablePayments. While we do not offer direct exchange services within our platform, we partner with Transak to enable the purchasing and selling of cryptocurrencies, ensuring a comprehensive and user-friendly experience for all our customers.

Acceptance of Terms

By registering an account with StablePayments and clicking "I Accept" during the registration process, you agree to be bound by these Terms and Conditions. If you do not agree to all the terms and conditions contained herein, you must not use or access StablePayments services. Your continued use of the service constitutes acceptance of any changes or revisions to these Terms and Conditions.

2. User Accounts

Account Creation Requirements

To create an account with StablePayments, users must meet the following criteria:

Account Responsibilities

Users are responsible for maintaining the confidentiality and security of their account credentials, including their password and any other piece of information used as part of our security procedures. Users agree to:

StablePayments will not be liable for any loss or damage arising from the user's failure to comply with these obligations.

3. Prohibited Uses

In using StablePayments, you are expected to comply with all applicable laws and regulations. You agree not to engage in or facilitate any illegal activity through the use of your account or the StablePayments platform. This includes, but is not limited to:

Your use of StablePayments should respect the legal constraints of your location and the broader legal frameworks governing cryptocurrency transactions. Failure to comply with these prohibitions may result in the suspension or termination of your account and may subject you to legal action.

4. Intellectual Property Rights

All content provided on StablePayments, including but not limited to text, graphics, logos, images, as well as the compilation thereof, and any software used on the site, is the property of StablePayments or its suppliers and protected by copyright and international copyright laws. The trademarked name and logo of StablePayments, and all other trademarks, service marks, graphics, and logos used in connection with StablePayments, are trademarks or registered trademarks of StablePayments or StablePayments' licensors.

API Use

Access to and use of the StablePayments API is restricted to parties who have received explicit approval from StablePayments. Unauthorized use of the StablePayments API is strictly prohibited and may result in legal action, including but not limited to the suspension or termination of your account and API access. If you wish to use the StablePayments API, you are required to submit a request for approval, outlining the intended use case and agreeing to any terms and conditions set forth by StablePayments for such use.

5. Termination of Use

StablePayments reserves the right to terminate or suspend your access to the platform and its services without prior notice, under certain circumstances, including but not limited to:

In the event of termination, you will still be bound by your obligations under these Terms, including the warranties made by you, and by the disclaimers and limitations of liability. Additionally, StablePayments shall not be liable to you or any third-party for any termination of your access.

6. Disclaimers and Limitation of Liability

Disclaimers

StablePayments provides its services on an "as is" and "as available" basis without any warranties of any kind, either express or implied, including, but not limited to, implied warranties of merchantability or fitness for a particular purpose. Without limiting the foregoing, StablePayments, its subsidiaries, its affiliates, and its licensors do not warrant that the content is accurate, reliable or correct; that the service will meet your requirements; that the service will be available at any particular time or location, uninterrupted or secure; that any defects or errors will be corrected; or that the service is free of viruses or other harmful components.

Cryptocurrency Risks

The value of cryptocurrencies can be extremely volatile and unpredictable. You acknowledge and agree that the value of cryptocurrencies may fluctuate significantly, and that StablePayments is not responsible for any losses or damages arising from such fluctuations in value.

Limitation of Liability

To the maximum extent permitted by applicable law, in no event shall StablePayments, its affiliates, agents, directors, employees, suppliers, or licensors be liable for any indirect, punitive, incidental, special, consequential, or exemplary damages, including without limitation damages for loss of profits, goodwill, use, data, or other intangible losses, arising out of or relating to the use of, or inability to use, the service.

Furthermore, StablePayments assumes no liability or responsibility for any (i) errors, mistakes, or inaccuracies of content; (ii) personal injury or property damage, of any nature whatsoever, resulting from your access to or use of our service; and (iii) any unauthorized access to or use of our secure servers and/or any and all personal information stored therein.

7. Dispute Resolution

Governing Law

These Terms and Conditions shall be governed by and construed in accordance with the laws of St. Kitts, without giving effect to any principles of conflicts of law.

Resolution Process

In the event of a dispute arising out of or in connection with these Terms and Conditions, including any question regarding its existence, validity, or termination, the parties shall first seek settlement of that dispute by mediation in accordance with the St. Kitts Mediation and Arbitration Center's rules, which shall be deemed to be incorporated by reference into this clause.

If the dispute is not settled by mediation within 30 days of the initiation of the mediation or within such further period as the parties may agree in writing, the dispute shall then be referred to