Terms of Service
1. Introduction
Welcome to Bayarcash. These Terms of Service (“ToS”) govern the use of our services by merchants and end-users. By using Bayarcash services, you agree to comply with these ToS.
2. Definitions
| Term | Definition |
|---|
| Bayarcash / We / Us / Our | The service provider managing payment, transaction, and related services. |
| Merchant | A business entity using Bayarcash to accept payments or process transactions. |
| End-User / Customer | Individuals making payments or using services facilitated by Bayarcash merchants. |
| Services | Any payment processing, account management, reporting, or related services offered by Bayarcash. |
3. Eligibility
- Merchants must be legally registered and authorized to conduct business in their jurisdiction.
- End-users must be at least 18 years old or of legal age in their jurisdiction to use Bayarcash services.
- By using our services, users represent that they meet eligibility criteria.
4. Account Registration
- Merchants and end-users must provide accurate, complete, and up-to-date information.
- Account credentials must be kept confidential. Any unauthorized access must be reported immediately.
- Bayarcash reserves the right to suspend or terminate accounts for non-compliance or fraudulent activity.
5. Use of Services
- Merchants must comply with all applicable laws, including anti-money laundering (AML) and sanctions regulations.
- End-users must use services only for lawful purposes and not engage in prohibited activities.
- Bayarcash may monitor transactions to detect fraud, illegal activity, or policy violations.
6. Fees & Payments
- Merchants are responsible for paying fees as outlined in the Merchant Agreement or SLA.
- End-users may be charged transaction or service fees where applicable.
- All fees are non-refundable unless otherwise specified.
7. Data Protection & Privacy
- Bayarcash collects and processes personal data in accordance with applicable data protection laws.
- Data may be shared with authorized partners, regulators, or service providers only as necessary to provide services.
- Users must review the Privacy Policy for detailed information on data handling.
8. Security
- Users must safeguard passwords, PINs, and account information.
- Bayarcash implements technical and organizational measures to protect information.
- Any suspected breach or fraud must be reported immediately.
9. Transaction Monitoring & Compliance
- Bayarcash monitors transactions for fraud, AML, and sanctions compliance.
- Transactions may be blocked or delayed if they appear suspicious or violate legal or policy requirements.
- Users acknowledge that Bayarcash may report suspicious activity to regulators without prior notice.
10. Liability
- Bayarcash is not liable for indirect, incidental, or consequential damages arising from the use of services.
- Merchants are responsible for ensuring compliance with laws and maintaining the accuracy of transaction data.
- End-users are responsible for ensuring lawful use of funds and services.
11. Termination
- Bayarcash may suspend or terminate accounts for policy violations, fraudulent activity, or legal obligations.
- Merchants and end-users may terminate their accounts according to procedures in the Bayarcash platform.
12. Intellectual Property
- All content, software, and trademarks of Bayarcash are proprietary.
- Users may not reproduce, distribute, or modify any Bayarcash intellectual property without written consent.
13. Amendments
- Bayarcash may update these ToS periodically.
- Changes will be communicated via email or platform notifications.
- Continued use of services constitutes acceptance of updated T&C.
14. Governing Law & Dispute Resolution
- These T&C are governed by the laws of Malaysia.
- Disputes will first be attempted to resolve through good-faith negotiation.
- If unresolved, disputes may be submitted to arbitration or courts in the jurisdiction specified.
