Terms & Conditions

WE ADVISE YOU TO READ THE FOLLOWING TERMS OF SERVICE (THE “TERMS”) BEFORE CREATING AN ACCOUNT AND/OR USING Paze.eu’S SERVICES. BY ENTERING ONTO THE WEBSITE, CREATING AN ACCOUNT AND USING OUR SERVICES YOU ACKNOWLEDGE AND AGREE TO THESE TERMS OF SERVICE. IN CASE YOU DO NOT AGREE TO THESE TERMS OF SERVICE, DO NOT ACCESS THIS WEBSITE AND DO NOT USE OUR SERVICES.

Futuregate Labs LTD, a company incorporated in Cyprus with company registration number 409435and its registered address at 131 Georgiou A, Lordos Beach Gardens, Block C, Offιce 14, 4048, Germasogia, Limassol (“Paze.eu”, “we”, “us”, “our”). Depending upon the context, “Paze.eu” may also refer to the services, products, website, content or other materials provided by Paze.eu. The term “You”, “User”, “Client”, “Website Visitor” refers to users of Paze.eu’s services.

Paze.eu adheres to Payment Card Industry Data Security Standards (the “PCI DSS”), which is confirmed by PCI DSS Certificate of Compliance dated 16 October 2020, which confirms that Paze.eu has been assessed by SC2labs sp. z o.o. – official PCI QSA and PCI ASV company and has been found to be compliant with PCI Data Security Standard v 3.2.1 as set ou by the PCI Security Standard Council and endorsed by all leading card providers.

You agree to comply with PCI DSS requirements with respect to any handling of cardholder data. Paze.eu reserves the right to temporarily suspend access to the Services in order to minimize threats to the security and to protect operational stability and security of the Services. Paze.eu does not guarantee the security of the Services and will not be responsible for any infiltration of its security systems so long as Company has used commercially reasonable efforts to prevent such infiltration. In no event will Paze.eu be liable for transaction processing or other services performed by any third party.

This legal document is valid and legally binding agreement between you and Paze.eu. In addition to these Terms, please also read our Anti-Money Laundering Policy and the Privacy Policy, which altogether constitute the necessary and binding documents every user must read, accept and follow.

By opening an account, you expressly agree to these Terms of Service, Privacy Policy and Cookies policy, and you represent and guarantee that you are at least 18 years old and have the full legal capacity and an appropriate business capacity to accept these Terms, Privacy Policy and Cookies Policy. These Terms apply solely for the Services specified in these Terms and do not govern any other legal relations between user and Paze.eu.

We reserve the right, at our sole discretion, to change or modify portions of these Terms at any time. If we do this, we will post the changes on this page and will indicate at the top of this page the date these terms were last revised. We will also notify you, either through the Services user interface, in an email notification or through other reasonable means. Any such changes will become effective no earlier than fourteen (14) days after they are posted, except that changes addressing new functions of the Services or changes made for legal reasons will be effective immediately. Your continued use of the Service after any such changes constitutes your acceptance of the new Terms. If you do not agree to abide by these or any future Terms, do not use or access (or continue to use or access) the Service. It is your responsibility to regularly check the Website to determine if there have been changes to these Terms and to review such changes.

Use of Services

Paze.eu is a global technology services provider that operates an online platform (the “Platform”), which provides its information technology services on matching financial services providers with businesses and enabling businesses to effectively manage their payment accounts opened at different financial services providers (the “Services”). The Services are provided to users through the website located at https://paze.eu (the “Website”).

Use of Website

Paze.eu authorizes you to view and download materials at https://paze.eu (the “Website”) only for your personal, non-commercial use, provided that you retain all copyright and other proprietary notices contained in the original materials on any copies of the materials.

The materials at this Website are copyrighted and any unauthorized use of any materials at this Website may violate copyright, trademark, and applicable laws.

You may not modify the materials at this Website in any way or reproduce or publicly display, perform, or distribute or otherwise use them for any public or commercial purpose. If you breach any of these Terms, your authorization to use this Website automatically terminates and you must immediately destroy any downloaded or printed materials.

User Submissions

Any material, information or other communication you transmit or post to this Website will be considered non-confidential and non-proprietary (the “Communications”). Paze.eu will have no obligations with respect to the Communications. Paze.eu and its designees will be free to copy, disclose, distribute, incorporate and otherwise use the Communications and all data, images, sounds, text, and other things embodied therein for any and all commercial or non-commercial purposes. You are prohibited from posting or transmitting to or from this Website any unlawful, threatening, libelous, defamatory, obscene, pornographic, or other material that would violate any law.

Registration Obligations

You are required to register with Paze.eu in order to access and use the Services. If you choose to register an account at Paze.eu, you agree to provide and maintain true, accurate, current and complete information about yourself as prompted by the Service’s registration form. Registration data and certain other information about you are governed by our Privacy Policy.

Member Account, Password and Security

You are responsible for maintaining the confidentiality of your password and account, if any, and are fully responsible for any and all activities that occur under your password or account. You agree to (a) immediately notify Paze.eu of any unauthorized use of your password or account or any other breach of security, and (b) ensure that you exit from your account at the end of each session when accessing the Service. Paze.eu will not be liable for any loss or damage arising from your failure to comply with this Section.

Third Party Websites

The Service may provide, or third parties may provide, links or other access to other Websites and resources on the Internet. Paze.eu has no control over such Websites and resources and Paze.eu is not responsible for and does not endorse such Websites and resources. You further acknowledge and agree that Paze.eu shall not be responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any Content, events, goods or services available on or through any such Website or resource. Any dealings you have with third parties found while using the Service are between you and the third party, and you agree that Paze.eu is not liable for any loss or claim that you may have against any such third party.

Third Party Services

You may enable various online services to be directly integrated into your Paze.eu experience. By directly integrating these services into the Service, we make your online experiences richer and more personalized. To take advantage of these features, we may ask you to register for or log into such services on the Websites of their respective providers. By enabling third party services within the Paze.eu Service, you are allowing us to pass your log-in information to these service providers for this purpose. For more information about the implications of activating these third party services and Paze.eu’s use, storage and disclosure of information related to you and your use of such services within Paze.eu (including your friend lists and the like), please see our Privacy Policy. However, please remember that the manner in which third party services use, store and disclose your information is governed solely by the policies of such third parties, and Paze.eu shall have no liability or responsibility for the privacy practices or other actions of any third party Website or service that may be enabled within your Paze.eu Service.

In addition, Paze.eu is not responsible for the accuracy, availability or reliability of any information, Content, goods, data, opinions, advice or statements made available in connection with third party services. As such, Paze.eu is not liable for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any such third party service. Paze.eu enables these features merely as a convenience and the inclusion of such features does not imply an endorsement or recommendation.

Indemnity and Release

You agree to release, indemnify and hold Paze.eu and its affiliates and their officers, employees, directors and agent harmless from any from any and all losses, damages, expenses, including reasonable attorneys’ fees, rights, claims, actions of any kind and injury (including death) arising out of or relating to your use of the Service, any User Content, your connection to the Service, your violation of these Terms of Service or your violation of any rights of another.

Disclaimer of Warranties

YOUR USE OF THE SERVICE IS AT YOUR SOLE RISK. THE SERVICE IS PROVIDED ON AN “AS IS” AND “AS AVAILABLE” BASIS. Paze.eu EXPRESSLY DISCLAIMS ALL WARRANTIES OF ANY KIND, WHETHER EXPRESS, IMPLIED OR STATUTORY, INCLUDING, BUT NOT LIMITED TO THE IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE AND NON-INFRINGEMENT.

Paze.eu MAKES NO WARRANTY THAT (I) THE SERVICE WILL MEET YOUR REQUIREMENTS, (II) THE SERVICE WILL BE UNINTERRUPTED, TIMELY, SECURE, OR ERROR-FREE, (III) THE RESULTS THAT MAY BE OBTAINED FROM THE USE OF THE SERVICE WILL BE ACCURATE OR RELIABLE, OR (IV) THE QUALITY OF ANY PRODUCTS, SERVICES, INFORMATION, OR OTHER MATERIAL PURCHASED OR OBTAINED BY YOU THROUGH THE SERVICE WILL MEET YOUR EXPECTATIONS.

Limitation of Liability

IN NO EVENT WILL Paze.eu, ITS SUPPLIERS, OR OTHER THIRD PARTIES MENTIONED AT THIS WEBSITE BE LIABLE FOR ANY DAMAGES WHATSOEVER (INCLUDING, WITHOUT LIMITATION, THOSE RESULTING FROM LOST PROFITS, LOST DATA OR BUSINESS INTERRUPTION) ARISING OUT OF THE USE, INABILITY TO USE, OR THE RESULTS OF USE OF THIS SITE, ANY WEB SITES LINKED TO THIS SITE, OR THE MATERIALS OR INFORMATION CONTAINED AT ANY OR ALL SUCH WEBSITES, WHETHER BASED ON WARRANTY, CONTRACT, TORT OR ANY OTHER LEGAL THEORY AND WHETHER OR NOT ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. IF YOUR USE OF THE MATERIALS OR INFORMATION FROM THIS SITE RESULTS IN THE NEED FOR SERVICING, REPAIR OR CORRECTION OF EQUIPMENT OR DATA, YOU ASSUME ALL COSTS THEREOF. APPLICABLE LAW MAY NOT ALLOW THE EXCLUSION OR LIMITATION OF INCIDENTAL OR CONSEQUENTIAL DAMAGES, SO THE ABOVE LIMITATION OR EXCLUSION MAY NOT APPLY TO YOU.

Applicable law and jurisdiction

These Terms and any non-contractual obligations arising out of it or in connection with them shall be governed by the laws of Cyprus. The Cyprus courts have exclusive jurisdiction to settle any dispute arising out of or in connection with these Terms (including a dispute relating to any non-contractual obligations arising out of or in connection with these Terms) and the Parties submit to the exclusive jurisdiction of the Cyprus courts.

Modifications

Paze.eu reserves the right to modify or discontinue, temporarily or permanently, the Service (or any part thereof) with or without notice. You agree that Paze.eu shall not be liable to you or to any third party for any modification, suspension or discontinuance of the Service.

Termination

You agree that Paze.eu, in its sole discretion, may suspend or terminate your account (or any part thereof) or use of the Service and remove and discard any Content within the Service, for any reason, including, without limitation, for lack of use or if Paze.eu believes that you have violated or acted inconsistently with the letter or spirit of these Terms of Service. Any suspected fraudulent, abusive or illegal activity that may be grounds for termination of your use of Service, may be referred to appropriate law enforcement authorities. Paze.eu may also in its sole discretion and at any time discontinue providing the Service, or any part thereof, with or without notice. You agree that any termination of your access to the Service under any provision of this Terms of Service may be effected without prior notice, and acknowledge and agree that Paze.eu may immediately deactivate or delete your account and all related information and files in your account and/or bar any further access to such files or the Service. Further, you agree that Paze.eu shall not be liable to you or any third-party for any termination of your access to the Service.