PAYBUDDIES TERMS OF USE

Welcome to PAYBUDDIES

Welcome to PAYBUDDIES. By accessing or using the PAYBUDDIES application, website, products, or services (collectively, the "Service"), you agree to comply with and be bound by these Terms of Use ("Terms").

If you do not agree to these Terms, please do not use the Service.

1. Account Registration and Security

To access PAYBUDDIES services, you must create and maintain an account. You agree to:

• Provide accurate, complete, and current information during registration.
• Maintain the confidentiality of your login credentials.
• Immediately notify PAYBUDDIES of any unauthorized use of your account.
• Ensure that your account information remains up to date.

You are responsible for all activities conducted through your account unless otherwise required by law.

2. Eligibility

To use PAYBUDDIES, you must:

• Be at least 18 years of age.
• Have the legal capacity to enter into binding agreements.
• Comply with all applicable laws and regulations in your jurisdiction.

PAYBUDDIES reserves the right to refuse or terminate access where eligibility requirements are not met.

3. Description of Services

PAYBUDDIES provides financial technology services which may include:

• Digital payments
• Currency exchange
• Global money transfers
• Virtual card issuance
• Wallet services
• Financial management tools
• Referral and community-based financial services

The availability of services may vary by location, regulatory requirements, and account status.

4. Referral-Based Membership and Community Trust

PAYBUDDIES operates a trust-driven ecosystem that may allow existing users to invite others through referral mechanisms. By referring another user, you acknowledge that:

• You reasonably believe the individual is genuine and intends to use the platform lawfully.
• You understand that referrals contribute to maintaining a trusted financial network.
• Referral privileges may be suspended or revoked if abuse, fraudulent activity, or misuse is detected.

Referral participation does not transfer PAYBUDDIES' compliance obligations to users and does not make referrers legally responsible for another user's activities.

5. Identity Verification and Compliance

To comply with applicable laws and protect the integrity of the platform, PAYBUDDIES may require identity verification and additional information at any time. Users agree to provide:

• Government-issued identification where required
• Proof of address where required
• Additional verification documents reasonably requested by PAYBUDDIES

PAYBUDDIES reserves the right to restrict, suspend, delay, reject, or cancel transactions pending verification or regulatory review.

6. Virtual Cards

Issuance of Virtual Cards

PAYBUDDIES may issue virtual cards linked to your account for online transactions.

Usage

Virtual cards may be used wherever supported by participating merchants and payment networks.

Limitations

Transaction limits, funding limits, geographic restrictions, merchant restrictions, and other controls may apply.

Security

You are responsible for protecting your card information, including:

• Card number
• Expiration date
• Security code
• Account credentials

You must notify PAYBUDDIES immediately if you suspect unauthorized use.

7. Transactions and Currency Exchange

PAYBUDDIES may facilitate:

• Domestic payments
• International payments
• Currency exchange
• Wallet funding
• Merchant transactions

Exchange rates and applicable fees will be disclosed before transaction completion. By initiating a transaction, you authorize PAYBUDDIES to process it according to your instructions and applicable regulations.

8. Fees and Charges

Certain services may attract fees. PAYBUDDIES will disclose applicable fees before completing a transaction whenever reasonably possible. You authorize PAYBUDDIES to deduct fees from your selected funding source or account balance. Fees may change from time to time in accordance with applicable laws and notice requirements.

9. Fraud Prevention and Risk Monitoring

To protect users and maintain platform security, PAYBUDDIES employs:

• Transaction monitoring
• Behavioral analysis
• Device and account security checks
• Fraud detection systems
• Manual compliance reviews
• Risk assessment tools

PAYBUDDIES may delay, review, restrict, reject, or reverse transactions where fraud, abuse, security concerns, or regulatory obligations are suspected.

10. Community Accountability

Users agree to cooperate with legitimate security and compliance investigations. Where suspicious activities are detected, PAYBUDDIES may request:

• Transaction explanations
• Supporting documentation
• Additional verification information

Failure to cooperate may result in restrictions, suspension, or termination of services.

11. Privacy and Data Protection

Your privacy is important to us. By using PAYBUDDIES, you consent to the collection, use, storage, processing, and disclosure of information as described in the PAYBUDDIES Privacy Policy. PAYBUDDIES implements reasonable technical and organizational safeguards to protect user information.

12. Prohibited Activities

You agree not to:

• Use PAYBUDDIES for unlawful activities.
• Engage in fraud, money laundering, terrorism financing, sanctions violations, or other financial crimes.
• Provide false information.
• Impersonate another person or entity.
• Circumvent compliance controls.
• Interfere with the operation or security of the platform.
• Reverse engineer, hack, or attempt unauthorized access to the Service.
• Use the platform in violation of applicable laws or regulations.

13. Compliance With Laws and Regulations

PAYBUDDIES is committed to complying with:

• Anti-Money Laundering (AML) regulations
• Counter-Terrorism Financing (CTF) regulations
• Know Your Customer (KYC) requirements
• Sanctions compliance obligations
• Consumer protection laws
• Applicable financial regulations

Nothing in these Terms permits users to bypass legal or regulatory requirements. PAYBUDDIES reserves the right to report activities where required by law.

14. Third-Party Services

The Service may integrate with third-party providers, financial institutions, payment processors, card issuers, banking partners, and technology platforms. PAYBUDDIES is not responsible for the content, policies, availability, or actions of third-party services. Your use of third-party services may be subject to separate terms and conditions.

15. Suspension and Termination

PAYBUDDIES may suspend, restrict, or terminate access to the Service where:

• Required by law.
• Fraud or abuse is suspected.
• Compliance obligations require action.
• These Terms are violated.
• Platform security is at risk.

Termination does not relieve users of obligations incurred before termination.

16. Disclaimers

The Service is provided on an "as available" and "as is" basis. PAYBUDDIES does not guarantee:

• Continuous availability.
• Error-free operation.
• Uninterrupted access.
• Suitability for every purpose.

To the extent permitted by law, PAYBUDDIES disclaims all warranties not expressly stated herein.

17. Limitation of Liability

To the maximum extent permitted by law, PAYBUDDIES shall not be liable for indirect, incidental, special, punitive, or consequential damages arising from:

• Use of the Service
• Delays in processing
• Service interruptions
• Third-party actions
• Regulatory actions beyond PAYBUDDIES' control

Nothing in these Terms excludes liability where exclusion is prohibited by law.

18. Changes to These Terms

PAYBUDDIES may update these Terms periodically. Updated versions will be posted through the application, website, or other appropriate channels. Continued use of the Service after updates become effective constitutes acceptance of the revised Terms.

19. Contact Information

For questions regarding these Terms, compliance matters, complaints, or support inquiries, please contact:

• Email: support@paybuddies.co
• Website: https://paybuddies.co

20. Acceptance

By creating an account, accessing, or using PAYBUDDIES, you acknowledge that you have read, understood, and agreed to be bound by these Terms of Use.