Terms of use

1. Terms of website use

1.1. These Website Terms of Use require that all users ("you") of Paytx and its affiliated websites, including the App, User Interface, or other platform (collectively referred to as the "Website"), with the homepage accessible at www.paytx.com and its domains, comply with the following Website Terms of Use ("Terms").

Users are encouraged to read these Terms before accessing or using the Website or Platform.

1.2. The Terms apply to the use of the Website itself and to all content on the Website, including text, images, information, features, and services provided by Paytx as applicable.

1.3. By continuing to use the Website and its services, you agree to be bound by these Terms. If you do not wish to accept and adhere to the Terms, you are advised to stop using the Website, its information, features, and services.

1.4. The Terms may be modified and updated at our sole discretion without prior notice. You are encouraged to check regularly to stay informed of any changes. The current version of the Terms will always be available on the Website. Any updated or new version of the Terms will take effect immediately upon posting and will apply to your use of the Website. Your continued use of the Website signifies your agreement to be bound by any changes and updates.

2. Permitted use

2.1. We grant you a limited license to use the Website in accordance with these Terms. We reserve the right to revoke your license at any time and for any reason. Your license will automatically be terminated if you use the Website in a manner not permitted by these Terms without obtaining our written consent first. Note: Use of our App or other platforms to access our services is also subject to separate terms and conditions, which must be agreed upon between you, as a customer, and the relevant provider.

2.2. The Website is made available with the intention of providing users with information about us. You may only use the Website for non-commercial purposes.

2.3. You are allowed to view, copy, download, or print content from the Website, provided that:

• The content is used solely for personal, non-commercial purposes;
• Any reproductions of the content include the relevant copyright or intellectual property rights notice;
• Paytx is clearly acknowledged as the source of the information;
• Any modifications to the information are clearly indicated;
• You do not systematically extract data or other content from the Website to create or compile, directly or indirectly, a compilation, collection, database, directory, or similar;
• You do not claim ownership rights of any kind in the content or information.

2.4. You may not use or link to this Website for any purpose not expressly permitted in these Terms without obtaining our prior written consent.

2.5. We reserve the right to revoke your permissions to use the Website or its content at any time and for any reason, without prior notice.

2.6. If you violate these Terms or infringe upon the rights of others (including intellectual property rights), we may cancel your license, block your access to the Website, seek damages, and/or pursue other legal remedies without waiving any of our rights.

3. Prohibited Use

3.1. You are not permitted to, directly or indirectly, or allow others to:

• Engage in any actions that violate these Terms;
• Conduct any illegal, fraudulent, or infringing activities via the Website or its content;
• Harm, disable, overload, or gain unauthorized access to the Website or its content;
• Remove, disable, bypass, or circumvent any security features on the Website;
• Introduce materials or technologies that could disrupt the operation of the Website or its content;
• Remove, alter, block, disable, obscure, or otherwise interfere with any content or information displayed on the Website;
• Use the Website or its content for advertising, promoting, or referencing products or services that have not been expressly approved by us in writing;
• Interfere with other users' enjoyment of the Website;
• Use any technology (such as bots, crawlers, or spiders) to gather information from the Website without our permission;
• Frame the Website or any of its pages in a way that has not been expressly authorized by us;
• Link to any page other than the homepage of the Website (deep linking);
• Link in any way that could imply our endorsement or support of you or a third party, or that you have any rights in our Website, content, or intellectual property, without our written consent;
• Attempt to discover or reverse engineer the source code or other materials used in the Website;
• Solicit, receive, or charge money, favors, or other considerations for allowing others to use or access the Website or its content.

3.2. These Terms, including the restrictions on the use of the Website, apply to all parts of the Website, including cached information and content.

3.3. Paytx may monitor your compliance with these Terms.

4. Intellectual Property

4.1. Unless explicitly stated otherwise, all rights, title, and interest (including all rights under copyright, trademark, patent, and other intellectual property laws) in and to this Website and its entire content (including but not limited to all information, content, data, graphics, designs, reports, interfaces, web pages, files, text, software, company names, product names, trademarks, logos, trade names, products, and services offered by Paytx, including the presentation and arrangement of content) are our sole and exclusive property or that of our licensors where applicable. All rights are reserved.

4.2. Your rights to use the Website and its content are limited to those granted by us in these Terms.

4.3. The Website and its content may not be, without our prior express written consent:

• Modified or used to create derivative works;
• Published, distributed, or reproduced;
• Copied or reverse engineered;
• Leased, rented, loaned, assigned, or sold;
• Otherwise exploited.

4.4. You may not remove any trademark, copyright, or other proprietary notices from our content.

• Our trademarks represent a high standard of quality and brand recognition that we have invested substantial resources to develop;
• Only journalists (press agencies, news agencies, trade publications) may use our trademarks for editorial purposes, subject to express written consent and compliance with the Terms;
• We prohibit the use of our trademarks for non-editorial purposes without our prior express written consent;
• Only third parties authorized by us for editorial or other permitted uses may use our trademarks as authorized users.

4.6. The license granted to authorized users to use our trademarks is subject to the following limitations:

• It is revocable—we may revoke the right at any time;
• It is non-exclusive—we may allow others to use our trademarks;
• It is limited to the specified purposes we have communicated in writing;
• It is non-transferable—you may not transfer the license to others;
• Use must comply with our usage requirements and any other limitations agreed in writing.

4.7. Authorized users must adhere to the following guidelines when using our trademarks:

• Ensure that the logos, images, or names used are current and correct;
• Reproduce our logos, images, and names exactly as they appear, without modification;
• Do not alter the colors, font styles, sizes, or any aspect of our logos or images;
• Do not use our logos or images in a sentence or text string;
• Do not combine our logos, images, or names with any other logos, designs, or elements;
• Use the correct trademark, copyright, or intellectual property ownership attribution;
• Do not redistribute materials containing our logos, images, or names to third parties for copying or use;
• Do not offer goods or services in connection with our logos, images, or names without our specific permission.

We may revoke your license to use our trademarks as an authorized user at any time if you fail to comply with these guidelines or any instructions we provide.

4.8. You must cease using our trademarks, content, or intellectual property immediately if we request it.

4.9. Any other trademarks, trade names, or brand names that may appear in the Website’s content are the property of their respective owners.

5. User Obligations

5.1. You certify that you are legally permitted to visit and use this Website, have the legal right and capacity to do so, and are considered a legal adult (at least 18 years old or equivalent).

5.2. You certify that your access to and use of the Website does not violate any applicable regulations in your jurisdiction. If using this Website would violate any legal requirements, your use is unauthorized.

5.3. You agree to comply with these Terms and any other relevant regulations. The Website should be used for lawful purposes and in a way that does not infringe upon the rights of others or limit their ability to use the Website.

5.4. If your actions result in Paytx being involved in litigation, fines, compensation payments, or other financial consequences, you agree to indemnify us accordingly. You are fully responsible for any damage caused to the Website due to improper use of the Website, its content, information, functions, and/or services.

6. Forward Statements, Products, and Services

6.1. Information, materials, services, and products provided on the Website are subject to change at our sole discretion. Not all services and products are available in all geographic areas, and availability and eligibility may vary.

6.2. The Website may contain “forward-looking statements.” These statements are based on our expectations and views of future events and developments, but they are subject to uncertainty and may change. Words like “may,” “will,” “plan,” “would,” “could,” “project,” “potential,” “aim,” “expect,” “believe,” and similar terms indicate forward-looking statements. Such statements are or may be considered forward-looking statements. Do not place undue reliance on them, as actual results may differ significantly from those projected. These statements should be read in conjunction with other cautionary statements and documents we make available. There is no guarantee that the anticipated results or developments will occur as expected. We do not undertake any obligation to publicly update or revise forward-looking statements due to new information, future events, or otherwise.

7. Additional Terms; Privacy; Security

7.1. We are committed to handling data securely and fairly in line with the principles outlined in our Privacy Center. Information may be stored and processed by us and other companies that assist us in providing our services.

7.2. You are responsible for keeping personal information, identification details, or other security codes secure and for complying with all security requirements. You must also ensure that your use of the Website, its content, and services is conducted cautiously and in a secure environment. Transmissions over the internet are done at your own risk and responsibility.

7.3. Certain sections or pages on the Website may have additional terms and conditions or separate terms that govern their use. Please refer to our Privacy Center on the Website.

8. Limitation of Liability

8.1. The Website is provided “as is” and “as available.” We make no representations or warranties regarding the Website and its content, including its accuracy, completeness, fitness for a particular purpose, availability, security, or timeliness. Information provided on the Website is subject to change, and we disclaim any and all liability for omissions, deficiencies, and errors, even in cases of gross negligence, to the maximum extent permitted by law.

8.2. Under no circumstances will we be liable for any damages, including but not limited to direct, indirect, special, incidental, consequential, punitive, or exemplary damages, financial losses, expenses, lost profits, loss of use, or damage to data arising from or related to the use or inability to use the Website.

8.3. Users acknowledge that they act at their own discretion, risk, and responsibility, and we assume no liability for their actions. The content, functions, services, and information available on or through the Website should not be considered an invitation to conduct any investment, financial, or other transactions with financial implications. The Website’s content does not constitute and should not be interpreted as legal, financial, or other professional advice or solicitation.

8.4. We have no obligation to update the Website’s content. We may change or discontinue publishing the Website, any content, or parts of it without notice and are not responsible for any consequences. We disclaim any liability for unauthorized, non-compliant, or infringing use or reproduction of the Website, any part of it, or any portion thereof.

9. Links to Third Parties

9.1. The Website may contain links to third-party websites. We disclaim any responsibility for the content of third-party websites and make no representations or warranties regarding the accuracy, timeliness, correctness, or legality of the information, privacy practices, functions, services, or products provided by third-party websites. We do not endorse any information, products, or services offered on or through third-party websites. All content and functionality of the linked websites are the sole responsibility of the respective third parties. We will not be liable for any loss or damage arising from or related to a linked third-party website.

9.2. Before creating any type of link to the Website, you must obtain our express written permission. Subject to express written consent, third-party websites may only link to the homepage of the Website and not to any other part or page. We reserve the right to rescind or revoke any permission and require termination of any such link at our discretion at any time.

10. Governing Law

10.1. The use of the Website is governed by the applicable laws and regulations of the Republic of Cyprus. Any dispute or legal action arising from or related to the Website or these Terms shall be settled in the competent courts of Cyprus. This provision does not affect the rights of Paytx or any group company, third-party provider, or legal owner of the Website and its affiliates to commence action in any jurisdiction relevant to the user.

10.2. Our failure to enforce any provision of these Terms shall not constitute or be considered a waiver of that provision or our right to enforce any other provisions.

10.3. The invalidity or unenforceability of any provision of these Terms shall not affect the validity and enforceability of the other provisions, which shall remain in full force and effect.

Last updated 03.09.2024