This Agreement sets out the terms of service of electronic currency Exchange Service PayQW.com. Using the services of Exchange Service PayQW.com means full acceptance of the User to this Agreement. In case of disagreement with the Agreement, User shall not operate an exchange.
1. Definition of Terms
1.1. Exchange Service – partially automated system “PayQW.com”, located on the Internet at https://www.payqw.com
1.2. Customer – means a private or legal person willing to use the Exchange Services being provided by the Exchange Service who has agreed to all the provisions stipulated in this
1.3. Payment units – mean accounting units of the corresponding Payment systems determining a specified scope of rights of claim or some other rights arising from the agreement executed by the Payment systems and their customers.
1.4. Payment system – means online payments company or money transfer company. Online money company transfers (i.e.PayPal) serve as electronic alternatives to traditional paper methods like checks and money orders. Money transfer company (i.e. Moneygram) works with individuals and businesses through a network of agents and financial institution customers and transfers official currencies of various governments.
1.5. Recipient Account Details– mean number, wallet, email or any other indication of Customer account in the Payment system which is stated in the Customer Order for the Exchange Service to send the Payment units.
1.6. Order – means the information provided by the Customer via technical means of the Exchange Service in digital format indicating their intention to use the Exchange Services under the conditions proposed by the Exchange Service and stated in Order details
2. Subject of the Agreement
With the help of technical means of the Exchange Service by way of making an Order the Customer authorizes Exchange Service for a compensation in its own name and at the Customer expense receives and transfers the amount of the Payment units declared by the Customer and stated in the Order details provided by the Customer.
3. General Provisions and Terms
Administration Exchange Service is not responsible and does not cover losses caused by incorrect or unauthorized use of the Exchange Service Payqw.com, and user errors committed in completing the forms of exchange, which can lead to the transfer of funds to the account specified by mistake and also lead to delays in processing applications and payouts.
4. Uncontrolled circumstances
4.1. The Exchange Service is not responsible for delays or failures in the handling of operations arising as a consequence: any problems in the telecommunications, computer and other systems; force majeure action of Payment Systems (block or closure of the accounts, freezing or holding of funds, denial of service); change of political regimes, civil strife; actions of third parties, which are beyond the control of the Exchange Service.
4.2. Exchange operation of electronic currency exchange is considered completed after the transfer of the required amount by Exchange Service to the account of the Customer.
4.3. Exchange operation is done manually and is a one-time transaction.
4.4. According to the policy on the return of digitally delivered goods return transferred funds after the exchange is not possible.
4.5. Exchange Service has the right to stop the exchange of electronic currencies, as long as the user does not provide their passport information and will not set a user’s identity.
4.6. Exchange operation is done manually and is a one-time transaction.
According to the policy on the return of digitally delivered goods return transferred funds after the exchange is not possible.
4.7. Exchange Service has the right to stop the exchange of electronic currencies, as long as the user does not provide their passport information and will not set a user’s identity.
4.8. In case the amount of electronic money received is different from the Exchange Service Order by more than 20%, the Exchange Service may unilaterally reject the Order.
4.9. In case the Crypto Currency amount to be send to client in the Exchange Service order differs from market value for more then 2% at the time of order to be executed, Exchange Service reserves the right to contact customer and inform him about new amount of Crypto Currnecy to be paid out. Since crypto markets are too volatile Exchange Service cannot provide a fixed price promice.
4.10. In the implementation of the return, all commission costs for electronic money transfer are withheld from the funds received from the Customer.
4.11. In case of delay in receipt or non-receipt of funds to or from the account specified by the User, Exchange Service is not liable for any damage caused to the User. User agrees that in the event delays all claims will be addressed to respective Payment System.
4.12. In case of refusal to identify the failure and identification requirements for a month, and in the case of the provision of misleading information during registration will result in blocking of your account and denial of service. Thus fund on your account will be temporarily frozen means to ascertain the circumstances causes the block.
4.13. Exchange Service Administration reserves the right to permanently hold the funds transferred to it from the user attempted to any attacks on the server, as well as any attempts of hacking and cheating scripts on this site.
4.14. All information provided by the user in the process of exchange, is confidential and not disclosed to third parties. Exceptions: The request of law enforcement, the court’s decision, request the administration of one of payment systems.
4.15. Using Exchange Service, Customer agrees that the liability of the Exchange Service is limited to funds received from users for the execution of the order, Exchange Service does not provide additional warranty and assumes no additional liability to the Customer.
5.1. The warranty period for provided services under this agreement is 48 hours from the moment of execution of the subject of the agreement with Exchange Service.
5.2. In the case of not sending the funds within 24 hours by Exchange Service to the Customer account specified in the Order (excluding weekends and public holidays), the Customer may request the cancellation of the contract and refund in full. In case of cancellation of the application, return is made to the user details within 24 hours.
6. Resolution of Disputes
All disputes connected to the provision of exchange services to the Customer will be settled by the way of negotiations between the Customer and the Exchange Service administration based on the conditions of this Agreement.
7. Form of the Agreement
The Customer and the Exchange Service acknowledge that the digital form of this Agreement is legally equal to the agreement executed in written form.
8. Changes and amendments
The administration of service reserves the right to itself at any moment to make modifications and additions to the given agreement unilaterally without prior notice.
9. 3rd Party Systems
The End User shall consent to the following provisions:
9.1. Partner uses third party services and such third party’s affiliates services which enable you to place monetary deposits and perform transfer of payments within Partners website by making use of your existing credit card (as and if available and applicable) (the “Service” and the “Third Party Service Provider”). The Services do not include any additional service, and such third party services do not include providing and/or depositing the applicable Cryptocurrency at your account.
9.2. Partner may share and transfer (including cross border transfer) Personal Information with the Third Party Service Provider for the purpose of rendering the Services which will be made to Partners website via the use of your credit card. The Personal Information will be shared with the Third Party Service Provider after you elect to execute such monetary payments by using the Services of the Third Party Service Provider. For the purpose of this section Personal Information shall include information that identifies or may identify you, including the information submitted by you through the registration form when you subscribe to the website such as your E-mail address, password, country and city and/or information provided through social websites or any other identifying information provided by you while using the services of our website.
9.3. In addition, we may transfer any Non-Personal Information provided by you through your use of the services on our website to the Third Party Service Provider in order to allow the Third Party Service Provider to perform preliminary examinations of Non-personal Information for the purpose of determining if you are qualified to use the services of such Third Party Service Provider (including the history of your transactions on the website which will be provided without any identifying information and solely for the purpose of performing the preliminary examinations).
9.4. By accepting these terms, you represent that any and all information you provide us is true and accurate. Any false or fraudulent information and/or use of the services rendered to you is prohibited.
9.5. You are not obligated by law to provide Partner and/or the Third Party Service Provider with any Personal Information. You hereby acknowledge and agree that you are providing Partner and/or the Third Party Service Provider with Personal Information at his/her own free will, for the purposes of rendering the Services.