Effective Date: 07-05-2025

Last Updated: 01-07-2025

Welcome to the website of Solarapay Inc (“we”, “us”, “our”). These Terms and Conditions (“Terms”) govern your use of our website, located at www.solarpay.io (the “Site”), and any services we offer through it (the “Services”), including but not limited to international payment aggregation, settlement, currency exchange, and compliance tools.

Please read these Terms carefully. By accessing or using the Site and Services, you agree to be legally bound by these Terms. If you do not agree, do not use our Site or Services.

1. Definitions

• “User” refers to any individual or entity accessing the Site or using our Services.
• “Client” refers to any person or business that enters into a business relationship with us for payment services.
• “Services” refers to all financial and non-financial services offered via the Site, including payment aggregation, currency conversion, and settlement.
• “Content” refers to all text, graphics, logos, trademarks, data, and code on the Site.
• “Agreement” means these Terms and all documents referenced herein, including our Privacy Policy.

2. Eligibility

You may only use our Site and Services if:

• You are at least 18 years old (or the legal age of majority in your jurisdiction);
• You have the legal authority to enter into a binding agreement;
• You use our Services in accordance with applicable laws and regulations.

If you are using the Services on behalf of a business or legal entity, you represent that you are authorized to bind that entity to these Terms. In case user’s actions lead to Solarapay Inc’s involvement in any litigation, imposition of fine, requirement to pay any kind of compensation or any other financial implications, such user shall compensate us accordingly. Users shall be liable in full for any damage to the Website caused by their inappropriate use of the Website, any of its content, information, functions and/or services.

3. Scope of Services

Solarapay Inc acts as a payment aggregator and service provider for the processing of domestic and cross-border payments. Our Services include:

• Merchant onboarding and compliance verification
• Cross-border payment facilitation and aggregation
• Currency exchange and settlement support
• Reporting, reconciliation, and analytics tools
• Fraud prevention and risk monitoring tools

Our Services are subject to regulatory requirements under Canadian law, including FINTRAC obligations, and where applicable, international frameworks (e.g., GDPR, FATF).

4. Account Registration

To access our full range of Services, you may need to register for an account. You agree to:

• Provide true, accurate, and complete information
• Keep your credentials secure and confidential
• Promptly update your information if it changes
• Accept responsibility for all activity under your account

We reserve the right to suspend or terminate any account that is inactive, inaccurate, or suspected of fraudulent use.

5. Payment and Fees

You agree to pay all fees associated with your use of our Services, including:

• Processing fees (fixed or percentage-based)
• Currency conversion charges
• Administrative or compliance-related fees (where applicable)

Fees will be communicated in advance via contract, fee schedule, or directly on the platform. We reserve the right to change our fees by providing at least 15 days’ notice unless otherwise specified in a contract.

All payments are due immediately unless specified otherwise. We may deduct fees automatically from your account balance or settlements.

6. Acceptable Use

You agree not to use the Site or Services to:

• Violate any applicable laws or regulations (including anti-money laundering and sanctions laws)
• Facilitate or engage in fraudulent or deceptive practices
• Harm or interfere with the Site’s functionality or our networks
• Transmit viruses, worms, malware, or harmful code
• Infringe on the intellectual property or privacy rights of others

We reserve the right to suspend or terminate access to any user found engaging in prohibited conduct.

7. Compliance and Verification

We may conduct:

• Identity verification (KYC)
• Business verification (KYB)
• AML/CFT risk assessments
• Screening against international watchlists (e.g., OFAC, UN, FINTRAC lists)

You agree to provide any documentation we request to satisfy compliance obligations. Failure to comply may result in service restrictions or termination.

8. Intellectual Property

All intellectual property on the Site, including trademarks, service marks, logos, source code, and content, is owned by or licensed to Solarapay Inc. You may not copy, modify, publish, distribute, or reverse-engineer any part of the Site or Services without our express written consent.

You retain ownership of any content you submit, but grant us a worldwide, non-exclusive, royalty-free license to use it as needed to deliver the Services.

9. Third-Party Services

We may integrate with or reference third-party platforms such as payment processors, identity verification services, or APIs. We are not responsible for:

• The accuracy or reliability of third-party services
• The privacy or security practices of third parties
• Any damage or loss caused by third-party tools or vendors

Your use of third-party services is governed by their respective terms.

10. Privacy

Your privacy is important to us. Please refer to our Privacy Policy https://solarapay.io/privacy-policy to understand how we collect, use, and disclose your personal data, including data shared with third-party partners and regulatory authorities.

By using our Services, you consent to our data practices, including international transfers of your data.

11. Service Interruptions and Disclaimers

We make reasonable efforts to maintain the availability and accuracy of the Site and Services. However, we do not guarantee:

• Continuous, uninterrupted access
• That the Site is free of errors or harmful components
• The accuracy, timeliness, or completeness of content

We may suspend the Site or Services temporarily for maintenance, upgrades, or emergency reasons.

12. Limitation of Liability

To the maximum extent permitted by law:

• We are not liable for any indirect, incidental, special, or consequential damages (including lost profits, loss of data, or business interruption)
• Our total liability for any claim arising under these Terms will not exceed the fees you paid to us in the six (6) months preceding the event

Some jurisdictions do not allow the exclusion or limitation of liability; in such cases, our liability is limited to the maximum extent permitted by law.

13. Indemnification

You agree to defend, indemnify, and hold harmless Solarapay Inc., its directors, officers, employees, affiliates, and agents from any claims, liabilities, damages, losses, and expenses (including legal fees) arising out of or related to:

• Your use of the Site or Services
• Your violation of these Terms
• Your violation of applicable laws or third-party rights

14. Termination

We may suspend or terminate your account or access to the Site at any time, with or without notice, if we believe:

• You have violated these Terms
• You present a regulatory, reputational, or legal risk
• Continued service is not commercially viable

You may terminate your account by written notice. Obligations related to payment, confidentiality, and indemnification will survive termination.

15. Governing Law and Dispute Resolution

These Terms are governed by the laws of the Province of British Columbia and the federal laws of Canada, without regard to conflict of laws principles.

Any disputes shall be resolved exclusively by the courts located in British Columbia, Canada, unless otherwise agreed in writing. You waive any right to a jury trial or to participate in a class action.

16. Changes to Terms

We reserve the right to modify these Terms at any time. Changes will be posted on this page and take effect upon posting. You are responsible for reviewing the Terms periodically. Continued use of the Site or Services after changes signifies your acceptance.

17. Severability

If any part of these Terms is held to be invalid or unenforceable, the remaining provisions will remain in full force and effect.

18. No Waiver

Our failure to enforce any right or provision in these Terms does not constitute a waiver of such right or provision.

19. Entire Agreement

These Terms, along with our Privacy Policy and any applicable Service Agreements, constitute the entire agreement between you and Solarapay Inc. regarding your use of the Site and Services.

20. Contact Us

If you have any questions about these Terms, please contact:

Privacy & Compliance Department

Neelansh Gupta
info@solarapay.io
www.solarapay.io