Payzof Terms and Conditions

Last Updated:08/05/2023

Welcome to Payzof, your gateway to transparent financial solutions. By accessing and using our services, you agree to abide by the following terms and conditions. Please read this document carefully before continuing.

1. Creation and Use of Account

1.1 You must be at least 18 years old to create an account on Payzof.

1.2 You are responsible for keeping your account credentials confidential.

1.3 You agree not to use Payzof for illegal or fraudulent purposes.

2. Financial Transactions

2.1 Payzof offers prepaid card and international money transfer services.

2.2 You are solely responsible for the accuracy of transaction details, including beneficiary information.

2.3 Payzof reserves the right to verify and investigate transactions for security purposes.

3. Confidentiality and Data Security

3.1 Payzof implements rigorous security measures to protect your personal and financial data.

3.2 By using our services, you consent to the collection and use of your information as described in our Privacy Policy.

4. Termination and Suspension

4.1 Payzof may suspend or terminate your account in the event of suspected fraud, breach of terms, or legal obligations.

4.2 You may terminate your account at any time, subject to pending transactions and responsibilities.

5. Account Closure and Balance

5.1 In the event of account closure, the balance of the account and cards will be transferred to the user in a US bank account within 6 to 12 months.

5.2 In the event of account closure for fraud, the entire available balance on the account will be forfeited.

6. Account Restriction

6.1 Payzof reserves the right to restrict any account without notice.

7. Bugs and Maintenance

7.1 In the event of a bug on the system, Payzof will not be responsible for transactions that may fail during maintenance.

8. Business Bankruptcy

8.1 In the event of bankruptcy of the company, Payzof undertakes to reimburse each user up to 10% of their balance until full reimbursement is made.

9. Responsible use

9.1 Payzof is not responsible for the use you make of your prepaid card.

9.2 In the event of theft, information sharing, fraud, or loss, Payzof will not be liable for any financial losses on your cards.

10. Changes to Terms

10.1 Payzof reserves the right to change these terms and conditions without notice.

10.2 Changes will become effective upon posting on the Payzof website.

11. Limitation of Liability

11.1 Payzof will not be liable for any direct or indirect damage arising from the use of our services.

11.2 Payzof is not responsible for delays or errors in transactions caused by external factors.

12. Applicable law

12.1 These terms and conditions are governed by the laws of the State of Sheridan, Wyoming, USA.

13. Contact information

For any questions or assistance, please contact our support team at support@payzof.com.

By accessing and using Payzof's services, you acknowledge that you accept these terms and conditions. If you disagree with any part of these terms, please refrain from using our services.