Terms of Use

These Terms of Service ("Terms") constitute a legal agreement between You ("Merchant" or "You"), XXX and a company registered under the laws of XXX and having its registered address at XXX ("Company" or "We"), governing your use of the services provided by the Company (the "Services"). By accessing or using the Services, You agree to be bound by these Terms.

1 GENERAL CONDITIONS

1.1. Terms govern the use of the website https://omypayments.com/ (the “Website”) and all other related websites and services available on or through any of the foregoing (collectively, the "Services"). These Terms do not govern your access and use of any software, websites and services which may be made available to You under separate license terms from the third party service provider.

1.2. The current effective version of the Terms is located at the Website. Company may make changes to the Terms from time to time. When such changes are made, Company will make the updated Terms available on or through the Website. Please, check these Terms periodically for updates. Your continued use of the Services after such changes have been published on or through the Website shall constitute your binding acceptance of such changes.

1.3. Use of the Services constitutes an acceptance and confirmation of your consent to be bound by these Terms, all applicable laws and regulations, and You agree that You are responsible for compliance with and that You are compliant with these Terms and the applicable laws. If You do not agree with all these Terms, then You shall not access or use any of our Services.

1.4. In order to be able to use our Services You warrant and represent that You: 1.4.1. You agree that You are over 18 years old and have the legal capacity to enter into this Agreement. If You wish to avoid being bound by the Agreement, do not proceed further. 1.4.2. You agree that Company is not acting as your broker, intermediary, agent or advisor or in any fiduciary capacity, and no communication or information provided to You by Company shall be considered or construed as advice.

1.5. Company reserves the right to change the list of available Virtual Assets at any time without prior notice. Therefore, the ability to execute a specific Transaction depends on the availability of a specific Virtual Asset

2 DEFINITIONS

2.1. Company (We): Software and Website operated by NNN. XXX, company registered under the laws of XXX and having its registered address at XXX ("Company" or "We") governing your use of the services provided by the Company (the "Services").

2.2. Merchant (You): Merchant selling goods or services or a payment gateway operator or payment integrator.

2.3. Website: https://omypayments.com.

2.4. VA: virtual asset, such as Bitcoin.

2.5. Transaction: a transfer of VA or reverse transfer in case of refund for cancelled sale.

2.6. The Services: nature of services provided is described in Section 3 of these Terms.

2.7. Agreement: Terms form and agreement between Company and You.

2.8. User/Users: any entity/entities who is using the Services to send VA Transactions to Merchant.

3 PROVISION OF SERVICES

3.1. The following Services are available to Merchants through Website: 3.1.1. Payment processing in VA;

3.2. Please note that some or all of these Services could be provided by Third Parties.

3.3. The Services do not include: 3.3.1. payment services in fiat currencies; 3.3.2. management of fiat assets, including fiat deposits; 3.3.3. management of other financial instruments, including but not limited to VAs; 3.3.4. investment or investment advisory or similar activities; 3.3.5. the activity of investing assets collected by means of a proposal to conclude an agreement to participate in any venture.

4 PAYMENT PROCESSING IN VIRTUAL ASSETS

4.1. VA payments are: VA Transactions to Merchant. Company notes that these do not include fiat payment services.

4.2. In order to undertake a Virtual Asset payment, Company provides the User with the data for such payment. The data for a Virtual Asset payment includes the amount, selected Virtual Asset and the wallet address to which the payment has to be made. Please note, that this deposit address may be generated by Third Party service provider at the time of the transaction. Only payout address corresponds to the Merchant's balance or their designated wallet. Payout address is not visible to the User.

4.3. Merchant or User initiate a payment request by its generation, which may be in the form of a payment link or a simplified payment request. The payment request shall include essential transaction details, such as the transaction amount, required Virtual Asset and additional metadata. Merchant retains the discretion to decide whether to include metadata or not for tracking and reference purposes.

4.4. Upon confirmation of the transaction in the blockchain, the funds of User are successfully credited to the designated deposit address. Subsequently, following confirmation in the blockchain, processing takes place. Once processing is successfully completed, the funds are promptly displayed on the Merchant's balance or deposited into your payout address.

4.5. Transaction is carried out according to the rate determined at the time the Virtual Asset payment order is initiated. Company reserves the right to determine the exchange rate of Virtual Assets at their own will at any given time.

4.6. To mitigate payment challenges, it should be noted that the minimum payment amount varies for each VA and is subject to modification based on the blockchain condition at the time of transaction initiation.

4.7. Company charges fees for the currency exchange services in the form of commission from Company, which is already included in the Virtual Asset exchange rate. Therefore, offered Virtual Asset exchange rate includes all fees for the payment.

4.8. As part of each payment, Users are informed of the total amount of the payment (including fees). This payment amount is valid for N minutes from the start of the payment process.

4.9. Merchant is solely responsible for ensuring due diligence on their Users in order to prevent facilitating services for illicit purposes.

4.10. In line with European regulations and our duty to monitor blockchain transactions, Company reserves the right to temporary block Virtual Assets, when the source of such funds from User is detected as high risk or illicit.

4.11 Users may be required to provide identity documents (such as passport or ID card), address verification, and information about beneficial owners for legal entities. Company reserves the right to request verification of the user's identity at any time using photo and/or video verification. In adherence to commonly accepted KYC standards, Company takes measures to identify and restrict the provision of its Services to politically exposed persons (PEPs).

4.12. Merchant is solely responsible for ensuring that 4.11 is clear to User before making the payment.

5 TRANSACTION LIMITS

5.1. We impose daily and monthly Transaction processing limits and limits on individual Transactions unless specified otherwise. These Transaction limits may be set and changed by the Company at any time without prior notice.

5.2. You agree to adhere to the applicable Transaction processing limits. We may not process any Transactions that overreach the limits, and such refusal to process them does not constitute a breach of this Agreement.

6 PROHIBITED JURISDICTIONS

6.1. Before using our Services, please ensure that cryptocurrency usage is not prohibited in your country. It is your responsibility to check your eligibility for using our service.

6.2. Use of the Services is void where prohibited by the applicable law and the laws of the relevant jurisdictions.

6.3. Company maintains the right to select its markets and jurisdictions to operate in and may restrict or deny its Services to certain countries.

6.4. Company also maintains the right to use various methods to prevent the use of the Services by the Merchants listed above. You shall comply with this Section 6, even if Company's methods to prevent use of the Services are not effective or can be bypassed