HomeTerm of Service

Term of Service

Effective Date: 16th March 2024

Welcome to Paymento, a non-custodial crypto payment gateway that connects buyers and sellers directly, eliminating the need for intermediaries. By using our services, you agree to comply with the following terms and conditions (the “Terms”). Please review them carefully.

These Terms govern your access to and use of the Paymento.io website and the app.paymento.io interface (collectively, the “Services”). The Services are provided by Paymento Inc (“we,” “us,” or “our”).

1. Acceptance of Terms

By using our Services, you acknowledge that you have read, understood, and agree to be bound by these Terms and our Privacy Policy. We may update these Terms occasionally without prior notice to you. Your continued use of the Services after any such updates constitutes your acceptance of the new Terms.

2. Description of Service

Paymento allows merchants to connect their wallets to our platform, enabling them to receive a public key and an API key for integrating their websites to accept online payments. Users can make payments using any wallet of their choice for purchasing products or services.

We own all content on our website, and we grant you a license to use it subject to these Terms. You maintain full control of your crypto assets at all times, as we do not hold, manage, or control your crypto assets or funds in any way.

3. Eligibility

You must be at least 18 years old to use our Services. By using our Services, you represent and warrant that you meet this age requirement.

4. User Obligations

You agree to provide accurate, current, and complete information as required for the use of our Services. You are responsible for maintaining the confidentiality of your account and password and for restricting access to your devices.

5. Rights in the Services

We retain all rights in the Services. We grant you a limited, revocable, non-exclusive, non-transferable license to use the Services for your personal or business transactions as outlined in these Terms.

6. Prohibited Uses

You are prohibited from using the Services to:

  • Facilitate or promote illegal activities.
    Exploit the Services for unauthorized commercial purposes.
  • Introduce malicious software or exploit the Services’ functionality.
  • Infringe on the intellectual property rights or privacy of others.
  • Interfere with other users’ use of the Services.
  • Engage in any attack, hack, denial-of-service attack, or exploit any vulnerabilities of the Services.

7. Privacy

Your privacy is crucial to us. Our collection, use, and protection of personal information in connection with the Services are described in our Privacy Policy.

8. Dispute Resolution

Any disputes arising out of or related to these Terms or the Services will be resolved by arbitration in the Cayman Islands, in accordance with local arbitration laws, and any such arbitration shall take place in the Cayman Islands.

9. Governing Law

These Terms are governed by and construed in accordance with the laws of the Cayman Islands, without regard to its conflict of law principles.

10. Changes to Terms

We reserve the right to modify or replace these Terms at any time, at our sole discretion. We will notify users of any changes by updating the date at the top of these Terms and by maintaining a current version of the Terms on our website.

11. Contact Us

For any questions, concerns, or legal notices, users may contact us by opening a support ticket or sending an email to support [at] paymento.io

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