The purpose of these General Terms and Conditions of Use (hereinafter referred to as the 'GTCU') is to determine the rules of access and the conditions of use of the 'PAYCASHOP' platform, published by the company 'ITSDB CENTER'.
By accessing the platform, as a visitor and/or user, the Internet user, whether an individual or a legal entity, acknowledges that he/she has read and accepted all of the following provisions without restriction or reservation. Any visit to and/or use of PAYCASHOP must be in accordance with these GTC.

1. General Provisions

1.1 These Terms regulate relations pertaining to the use of the website https://paycashop.com (hereinafter – “Website”).

1.2 The following terminology applies to these Terms:

• “User”, “You” and “Your” refers to you, the natural person (individual) accessing the Website, using our services through the Website, and accepting these Terms.
• “Exchange” means the swap of a crypto asset for another or the same crypto asset, or the conversion of a fiat currency to cryptocurrency and vice versa.
• “Crypto Assets“ means a type of assets that can be transferred only and exclusively using blockchain technology, including, but not limited to digital coins and digital tokens, and any other digital mediums of exchange.
• “Classic Rate Exchange” means a classic rate cryptocurrency exchange performed at the current most profitable rate on the market, at which the Service does not guarantee this rate.
• “Fixed Rate Exchange” means an exchange performed at the same rate which is displayed to the client at the beginning of an exchange, regardless of subsequent rate fluctuations.

2. Respect for privacy

The privacy and respect for your personal and payment data is important to PAYCASHOP. Please see our Privacy Policy.

3. AML/KYC Procedure

• The Users don’t need to create accounts: you don’t need to register or log in to use the Website. However, Paycashop uses an automated risk management system to check all the transactions made by the Users.
• By accepting these Terms you agree to pass through the AML/KYC procedure, which may be applied to you or maybe requested by Paycashop at any time.
• During the AML/KYC procedure, Paycashop reserves the right to request additional information and documents, including but not limited to a scan of your ID document valid in your country and additional information on the funds' origin.
• In limited cases (such as verifying your identity in order to pass the AML/KYC procedure), we reserve the right to freeze your exchange transaction for any period of time necessary to complete the investigation and AML/KYC procedure.
• While the investigation is ongoing, Paycashop reserves the right to transfer the frozen funds to cold storage. It would be done for ensuring their safekeeping.
• If you deny passing through the AML/KYC procedure or don’t provide Paycashop with the requested documents and information, Paycashop has the right to refuse to execute your transactions (current and future).
• In limited cases (if the transaction is suspected of being connected to illegal activities) we reserve the right to freeze your exchange transaction for any period of time necessary to complete the investigation and AML/KYC procedure.

4. Changes to this Agreement on Terms and Conditions of Use

The purpose of these General Terms and Conditions of Use (hereinafter referred to as the 'GTCU') is to determine the rules of access and the conditions of use of the 'PAYCASHOP' platform, published by the company 'ITSDB CENTER'.

5. Responsibilities and guarantees

You are responsible for all claims, expenses, fines and liabilities arising from :
• a chargeback, refund, overpayment, payment error or other invalid payment made by you (collectively, the 'Invalid Payment');
• any error, negligence, misconduct or fraud by you, your employees or anyone acting on your behalf; and
• any loss resulting from your failure to comply with the terms of this Agreement or your use of PAYCASHOP services. In the event of an invalidated payment or otherwise, we may deduct amounts due to PAYCASHOP from your payments.

6. Exclusion of guarantees

THE PAYCASHOP PAYMENT SERVICE IS PROVIDED 'AS IS' WITHOUT ANY WARRANTY. PAYCASHOP DISCLAIMS ALL WARRANTIES, EXPRESS, IMPLIED OR STATUTORY, WITH RESPECT TO THE MERCHANT IN ANY MATTER, INCLUDING ALL IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NON-INFRINGEMENT OF THIRD PARTY RIGHTS. NO ORAL OR WRITTEN INFORMATION OR ADVICE GIVEN BY PAYCASHOP OR ITS EMPLOYEES OR REPRESENTATIVES SHALL CONSTITUTE A WARRANTY OR OTHERWISE INCREASE THE SCOPE OF PAYCASHOP OBLIGATIONS.

The parties acknowledge that the PAYCASHOP payment service is a secure service based on computer programming and a network of servers that may be subject to breakdowns and delays. As such, ITSDB CENTER does not guarantee continuous or uninterrupted access to PAYCASHOP payment services. Merchant further acknowledges that access to the PAYCASHOP website or PAYCASHOP payment services may be restricted for maintenance purposes by PAYCASHOP OR PAYCASHOP PARTNER OPERATORS. PAYCASHOP will use reasonable efforts to ensure that transactions are processed in a timely manner. However, PAYCASHOP or ITSDB CENTER shall not be liable for any interruption, failure or failure to provide PAYCASHOP payment services.

7. Reserves

PAYCASHOP, in it's sole discretion, may place a reserve on a portion of your payments if there is a high risk associated with your business or operations. If we place a reserve on a portion of your payments, we will notify you and specify the terms of the reserve. The conditions may require that a certain percentage of your payments be held for a certain period of time, that a fixed amount of your payments be withheld, or any other restriction that PAYCASHOP determines in it's sole discretion. PAYCASHOP may change the terms of the reserve at any time by notifying you of the new terms.
PAYCASHOP may hold a reserve for as long as it deems necessary, in it's sole discretion, to mitigate the risks associated with your transactions. You agree to remain responsible for all obligations associated with your transactions even after a reserve is released. In addition, we may require you to keep your bank account available for any open settlements, chargebacks and other adjustments.

8. Applicable Law

The non-compliance by the user, regardless of its location, of any of the provisions of these general conditions of use and or their execution, interpretation or validity, are subject to the law and the courts.

9. Update of the General Conditions of Use

The publisher reserves the right, at any time and with prior notice, to modify and update these GCU.