TERMS AND CONDITIONS

Terms and conditions

By using this site, and further by registering to use our Service, you (»you, Your or Yourself«) are agreeing to accept and comply with the terms and conditions of use stated below. You should read the entire Terms of Use carefully before you use this web site or any of the services of this site.

As used herein, »Nanopay« refers to the company Nanopay Limited., including without limitation thereby, its owners, directors, investors, employees and other related parties. Depending upon context, »Nanopay« may also refer to the services, products, Site, content or other materials (collectively, »materiasl«) provided by Nanopay!

The service operated by Nanopay allows all registered users to accept Bitcoins and other cryptocurrencies as a payment for goods or services, and process Bitcoin payments that you receive from your customers. By using the Services, you authorize us to receive, hold and disburse funds on your behalf and to take any and all actions that we think are necessary or desirable to provide the Services and to comply with applicable law.

Depending on Your country of residence, You may not be able to use all the functions of the Site. It is your responsibility to follow those rules and laws in your country of residence and/or country from which You access this Site and Services. As long as you agree to and actually comply with these Terms of Use, Nanopay grants to you a personal, non-exclusive, non-transferable, non-sublicensable and limited right to enter and use the Site and the Service.

IF YOU DO NOT ACCEPT THE TERMS OF USE AND CONDITIONS OUTLINED IN THIS AGREEMENT, DO NOT ACCESS THIS SITE AND DO NOT USE THIS SERVICE.

By opening an account to use the Service ("Account"), You expressly represent and warrant:

  • You have accepted these Terms; and
  • You are at least 18 years of age and have the full capacity to accept these Terms and enter into a transaction involving Bitcoins

Registration

In order to use the Services, you must open a Nanopay account. When you open an account, we will ask you to provide additional information regarding your business. (Your name, your birth date, address, tax identification number email address, website, government issued document issued documents …Details of the information that we may request from you (nanopay.tech/aml/) The information that you provide at the time of account opening must be accurate and complete, and you must inform us in a timely fashion of any changes to such information. We have the right to reject your account registration, or to later close your Nanopay Account, if you do not provide us with accurate, complete and satisfactory information!

We will not begin to process payments on your behalf until we have reviewed the documentation that you provided, in accordance with applicable law.

Password

You will choose a password when registering. You are responsible for maintaining the confidentiality of your password. You are fully responsible for all activities that occur using your password or account including safeguarding your own Bitcoin, all activity including Transactions. Please notify us immediately of any unauthorized use of your password or account or any other breach of security. We will not be liable for any loss that you may incur as a result of someone else using your password or account, either with or without your knowledge. You may not use anyone else's password at any time.

Nanopay recommends, that you or the user maintains a high standard of safety:

  • Enable two factor Authentication
  • Change your password regulary
  • Never share your username and password with anyone
  • Make sure that your password is too complex to guess
  • Always log out when you are finished using Nanopay

We have implemented security measures designed to secure your information from accidental loss and from unauthorized access, use, alteration or disclosure. However, we cannot guarantee that unauthorized persons will never gain access to your information, and you acknowledge that you provide your information at your own risk.

Prohibited accounts

Use of the Services is subject to the laws and regulations of United Kingdom regarding the prevention of terrorist financing and anti-money laundering. You agree and acknowledge that your use of the Services could and will comport with such laws and regulations, including, without limitation the sanctions programs.

Merchant services

As a Merchant you are fully responsible for obtaining any information required of those who purchase your goods or services. If applicable law requires that a purchaser's identity must be verified, you must verify the purchase's identity. Nanopay in any case will not be responsible for your failure to adequately verify your purchases' identities or qualifications.

You must keep all records needed for fulfilling the merchandise to the purchaser and providing any post-sale support to the purchaser. If the sale of the item requires any government registration of the sale, you are responsible for such registration.

By registering a Nanopay account you warrant us that you will not use QuckBit account for any illegal activities applicable by the law. In addition, with registering a Nanopay Account you ensure us that account opened will not be is use for:

  • Activities on the account will not be used for sales of narcotics, research chemicals or any controlled substances, cash or cash equivalents, including derivatives, terms that infringe or violate any copyright or trademark, ammunition, firemarms, explosives, weapons or knives regulated under applicable law.
  • Activities on the account will not contravene any applicable law
  • Activities on the account will not relate to transactions that show the personal information of third parties in violation of applicable law, support pyramid or ponzi schemes, matrix programs or other schemes, are associated with purchase of annuities or lottery contracts, lay away systems, offshore banking or transactions to finance or refinance debts funded by a credit card, are associated with Money Service Business activities, provide credit repair or debt settlement services
  • Activities on the account will not be used for services involve gambling or any other activity with an entry fee and a prize, including, but not limited to casino games, sports betting, horse or greyhound racing, lottery tickets, other ventures that facilitate gambling, and sweepstakes, unless you have obtainned our prior approval and you and your customers are located exclusively in jurisdictions where such activities are permitted by law

Account termination

You may close your Nanopay Account at any time. You will still be obligated to us for any fees incurred before the closure and we will remit to you funds not yet paid to you and associated with pre-closure sales. If your account balance is below our documented minimum transfer amount, you may be responsible for any transactions fees that may be incurred in the funds transfer.

You have a right a right to notify the administration of Nanopay of your desire to close the account at any time. In this case liquidation of account in System and removal of all personal data specified by the user at registration takes place after finishing of identification of applicant's personality and its check for compliance with the personality ofthe user that had registered this account. System reserves a right to block the account for term or termless period at occurrence of somesuspicions until ascertainment of circumstances.

We may terminate these Terms and close your account, at our discretion, upon notice to you via email. We may also suspend your access to the Services if we suspect that you have failed to comply with these Terms, pose an unacceptable fraud risk to us, or if you provide any false, incomplete, inaccurate or misleading information. We will not be liable to you for any losses that you incur in connection with our closure or suspension of your account

Availability

All services are provided without warranty of any kind, either express or implied. We do not represent that this site will be available 100% of the time to meet your needs. We will strive to provide You with the Service as soon as possible but there are no guarantees that access will not be interrupted, or that there will be no delays, failures, errors, omissions or loss of transmitted information.

We may suspend use of the Site for maintenance and will make reasonable efforts to give you notice. You acknowledge that this may not be possible in an emergency.

Gathering and use of personal information

Personal information

We may collect your personal information if you use the Site, open an Account to use the Platform or perform any Transactions on the platform. The types of Personal information that we collect may include:

  • Your Full name
  • Government issued ID: Passport, National ID Cards, Eu Driving Licence High Quality image)
  • Your address
  • Your email address
  • Your banking details
  • Place of birth and date of birth
  • All the activities
  • Document confirming your residental address.

For merchant account's we may also collect:

  • Name of the company
  • TAX/VAT ID
  • Registered address
  • Registered number
  • Names of all directors
  • Names of beneficial owners who hold or control over 25% of the shares or voting right or otherwise exercise control over the management of the
  • company Certificate of incorporation and Memorandum & Articles of Association or any other relevant founding documents
  • Annual return which details who the directors and beneficial shareholders of your company are as of the last fiscal year or any similar documents which confirm the ownership of the company
  • Resolution of the Board of Directors to open an account with Nanopay and identification of those who have authority to operate the account (if applicable)
  • Authorization for other persons to manage your account (if applicable)

We may use your Personal Information for the following purposes:

  • To personalize your experience (your information helps us to better respond to your individual needs);
  • To improve our website (we continually strive to improve our website offerings based on the information and feedback we receive from you);
  • To analyze use of our Site;
  • To improve customer service (your information helps us to more effectively respond to your customer service requests and support needs;
  • To undertake a verification or your identity with our third party electronic identification provider as per the Money Laundering Regulations 2007 and AML policy.
  • To process transactions. Your information, whether public or private, will not be sold, exchanged, or given to any other company for any reason whatsoever, without your consent, other than for the express purpose of delivering the purchased product or service requested by the customer;
  • To send periodic emails. The email address you provide for order processing, may be used to send you information and updates pertaining to your order or request, in addition to receiving occasional company news, updates, promotions, related product or service information, etc.;
  • To administer a contest, promotion, survey or other site feature.

We will process your Personal Information only for the purpose(s) for which it has been provided to us.

Other information

Nanopay may collect information about your computer, including where available your IP address, operating system and browser type, for system administration. This is statistical data about our users’ browsing actions and patterns and does not identify any individual

Internal use of information

We collect, store and process your personal information on our servers. We maintain physical electronic and procedural safeguards to protect our servers 24 hours a day. We use the information collected about you to provide our services, process your transactions, send notices on activity and to provide better customer service. We give access to personally identifiable information about our members only to those employees who require it to fulfill customer service requests.

Nanopay do not sell or rent your personal information to third parties for their marketing purposes without your explicit consent.

Retention of personal information

We will hold your Personal Information only for as long as it is necessary for us to do so, having regard to the purposes described in this Privacy Policy and our own legal and regulatory obligations. In accordance with our record keeping obligations we will retain Accounts and Personal Information for, at least a period of five years after they are closed by Users.

Cookies

Nanopay is using cookies. Cookies are small text files that are placed on your computer by websites that you visit. They are widely used in order to make websites work, or work more efficiently, as well as to provide information to the owners of the site.

Cookies are typically stored on your computer's hard drive. Information collected from cookies is used by us to evaluate the effectiveness of our Site, analyze trends, and administer the Platform. The information collected from cookies allows us to determine such things as which parts of our Site are most visited and difficulties our visitors may experience in accessing our Site. With this knowledge, we can improve the quality of your experience on the Platform by recognizing and delivering more of the most desired features and information, as well as by resolving access difficulties. We also use cookies and/or a technology known as web bugs or clear gifs, which are typically stored in emails to help us confirm your receipt of, and response to, our emails and to provide you with a more personalized experience when using our Site.

By using our Site you are agreeing that we may use cookies for the purposes set out above.

Indemnification

You agree to indemnify Nanopay, its affiliated and related entities, and any of its officers, directors, employees and agents from and against any claims, costs, losses, liabilities, damages, expenses and judgments of any and every kind (including, without limitation, costs, expenses, and reasonable attorneys' fees) arising out of, relating to, or incurred in connection with any claim, complaint, action, audit, investigation, inquiry, or other proceeding instituted by a person or entity that arises or relates to:

  • Any actual or alleged breach of your representitions, warranties, or obligations set forth in these Terms.
  • Your wrongfull or improper use of the Services the products or services sold by you through the Services, including but not limited to any claims for false advertising, product defects, personal injury, death or property damage
  • Any other party's access or use of the Services with your account information.

Liability

IN NO EVENT WILL WE BE LIABLE TO YOU OR ANY THIRD PARTY FOR ANY DIRECT, INDIRECT, SPECIAL, INCIDENTAL, CONSEQUENTIAL, EXEMPLARY OR PUNITIVE DAMAGES OR ANY LOSS, THEFT, DISAPPEARANCE, OR DAMAGES FOR LOST PROFITS, LOST REVENUES, LOST DATA OR OTHER INTANGIBLE LOSSES THAT RESULT FROM THE USE OF, INABILITY TO USE, OR UNAVAILABILITY OF THE SERVICES, REGARDLESS OF THE FORM OF ACTION AND WHETHER OR NOT WE KNEW THAT SUCH DAMAGE MAY HAVE BEEN INCURRED. IN NO EVENT WILL WE BE LIABLE TO YOU OR ANY THIRD PARTY FOR ANY DAMAGE, LOSS OR INJURY RESULTING FROM HACKING, TAMPERING, VIRUS TRANSMISSION OR OTHER UNAUTHORIZED ACCESS OR USE OF THE SERVICES, YOUR Nanopay ACCOUNT, OR ANY INFORMATION CONTAINED THEREIN. IN NO EVENT WILL OUR LIABILITY FOR ANY DAMAGES ARISING IN CONNECTION WITH THE SERVICES EXCEED THE FEES EARNED BY US IN CONNECTION WITH YOUR USE OF THE SERVICES DURING THE 6 MONTH PERIOD IMMEDIATELY PRECEDING THE EVENT GIVING RISE TO THE CLAIM FOR LIABILITY. THE FOREGOING LIMITATIONS OF LIABILITY SHALL APPLY TO THE FULLEST EXTENT PERMITTED BY LAW IN THE APPLICABLE JURISDICTION.

Nanopay will not be liable for loss of funds by you dueto technical malfunction, unauthorized access, theft, force majeure ,any special, indirect, incidental or consequential damagesthat may incur in connection with actions or lack ofthereof of 3rd parties.

Nanopay does not hold the responsibility for errors made by account holdersinserting the recipient’s accountidentifier norfor wrong transfers, even if the instructions provided by a Merchant are incorrect.

Nanopay does not hold responsibility for any type of damage or loss caused by paymentsmade to the wrong recipients, payments made for incorrect amounts, payments made by third parties through an account holders account, errors in merchant’s content, delays or data loss caused by telecommunicationssystems, government acts,fraud and malfeasance ofthe account holder.

No warranties

WE PROVIDE THE SERVICES ON AN “AS IS” AND “AS AVAILABLE” BASIS, AND YOUR USE OF THE SERVICES IS AT YOUR OWN RISK. TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, WE PROVIDE THE SERVICES WITHOUT WARRANTIES OF ANY KIND, WHETHER EXPRESS OR IMPLIED (INCLUDING, WITHOUT LIMITATION, WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, OR NON-INFRINGEMENT). WITHOUT LIMITING THE FOREGOING, WE DO NOT WARRANT THAT THE SERVICES (AND OUR WEBSITE): WILL OPERATE ERROR-FREE OR THAT DEFECTS OR ERRORS WILL BE CORRECTED; WILL MEET YOUR REQUIREMENTS OR WILL BE AVAILABLE, UNINTERRUPTED OR SECURE AT ANY PARTICULAR TIME OR LOCATION; ARE FREE FROM VIRUSES OR OTHER HARMFUL CONTENT. WE DO NOT ENDORESE, WARRANT, GURANTEE OR ASSUME RESPONSIBILITY FOR ANY PRODUCT OR SERVCE OFFERED OR ADVERTISED BY A THIRD PARTY THROUGH THE SERVICES OR THROUGH OUR WEBSITE, AND WE WILL NOT BE A PARTY TO NOR MONITOR ANY INTERACTIONS BETWEEN YOU AND THIRD-PARTY PROVIDERS OF PRODUCTS OR SERVICES.

Modification of terms

Nanopay reserves the right to change, add or remove portions of these Terms, and any time. You will be notified of any changes in advance through your account. Upon such notification, it is your responsibility to review the amended terms. Your continued use of the Site following the position of a notice of changes to the Terms signifies that you accept and agree to the changes, and that all subsequent transactions by you will be subject to the amended Terms.

Copyright

Nanopay is the owner of all content including blog posts, articles, videos, tips and advice as posted on Nanopay website unless otherwise stated.