Terms of Use

I. General

1. The following describes the terms and conditions ("Terms of Use") contained within this agreement upon which iCronPay ("iCronPay" “We”, “Our” “Us”) offers access to its Website to the Users ("You", “Your”) of Our Website and the use of Our Services.

2. iCronPay provides online payment processing solutions worldwide and acts as a facilitator in order to assist You to accept online payments with respect to, but not limited to, debit cards, local payments, merchant payments (the "Services"), subject to the Terms of Use (which should be read carefully by You in its entirety prior to Your use of the Services. You may use the Website and/or Services solely in accordance with these Terms of Use. Please note that these Terms of Use constitute a legally binding agreement between You and iCronPay. In addition to these Terms of Use, please review iCronPay’s Privacy Policy as well as other rules, policies and terms and conditions relating to the Services posted on the Website, which are incorporated herein by reference, together with such other policies of which You may be notified of by Us from time to time. If You do not agree to be bound by the Terms Use, do not use or access Our Website and/or Services, and inform Us in writing immediately.

3. iCronPay’s Services shall be subject to and pursuant to any such binding documents by and between Us and You, and by and between any relevant financial institution and/or authority and You, as will be executed from time to time. iCronPay makes no representations or warranties as to whether the relevant financial institutions will accept and approve You as their customer.

II. Definition

4. In these Terms of Use, the following words and phrases shall (unless the context otherwise requires) have the meanings set out beside them.

"Account" shall mean a personal account opened by You via the Website in connection with the use of the Services

"Illegal Actions" shall mean illegal, unlawful, fraudulent or other improper activities (including, but not limited to, (i) collusion between Users, (ii) sale, transfer and/or acquiring Accounts from other Users, (iii) breaking into the Website and/or Services or attempting to do the same.

"Restricted Territories" shall mean jurisdictions blocked by iCronPay at its sole discretion, from time to time.

“User", “You” or “Your” shall mean any individual who opens an Account with iCronPay and uses the Website and/or Services.

"We", "Our" or "Us" shall mean iCronPay, and/or any of iCronPay’s affiliated or associated companies, officers, directors, shareholders and employees.

"Website" shall mean any website owned, operated or hosted by iCronPay, and any software or content that is used to access such website in order to use the Services.

III. Subordination to the Terms of Use and the Binding Effect Thereof

5. Anyone registered to the Website and/or Services, in accordance with the procedure specified hereafter, or uses the information published on the Website and/or Services, accepts upon himself/herself, in free will and consent, the Terms of Use’s authority, agrees to be bound by the Terms of Use, undertakes to act pursuant to the Terms of Use’s stipulations and to the rules specified therein, as they will be updated from time to time, without any reservation.

6. iCronPay is entitled to amend these Terms of Use at any time, and to do so according to its absolute and exclusive discretion; such changes will be posted on the Website and will enter into effect upon such posting, or at a later date as notified by iCronPay. Your only remedy in case in which You do not wish to be bound by such amendment is to stop using the Website and Services and to close Your Account; if You continue to use the Website and/or Services, You will be deemed to have agreed to such change and it will be binding upon You.

IV. User Eligibility

7. The Services are available to and may only be used by individuals or companies who can form legally binding contracts under the law applicable to their country of residence. Without limiting the foregoing, Our Services are not available to persons under the age of 18 or otherwise under legal age. If You are under the age of 18 or otherwise under legal age, You may not use this Website and/or Services. If You do not qualify, please do not use Our Website and/or Services. For avoidance of doubt, We shall not be responsible for any unauthorized use by any User under legal age in any way or manner.

8. Without derogating from the above provision, We shall not be responsible for verifying and/or checking whether You possess such sufficient knowledge and/or experience to use Our Website and/or Services, nor shall We be responsible for any damage and/or loss incurred by You due to and/or related to the Website and/or the Services. You shall bear sole responsibility for any decision made and/or to be made by You relying on the content of the Website. Without limiting the foregoing, Our Services are not available where they are illegal to use and We reserve the right to refuse and/or cancel Services to anyone at Our own discretion.

9. The Services are intended only for Users who are not prohibited by the laws of any applicable jurisdiction from using the Services. You represent, warrant and agree to ensure that Your use of the Services will comply with all applicable laws, statutes and regulations. You shall be solely responsible for determining whether Your use of the Services is legal in the place where You live and/or use the Services and to ensure that You comply with any and all laws applicable to You before registering or participating in any activity through this Website. If You reside or are present in any jurisdiction that prohibits using the Services (including without limitation any of the Restricted Territories) You shall not participate in the prohibited activity. You should consult with legal counsel in the applicable jurisdiction about the legality of Your use of the Services. 10. The availability of the Services shall not be deemed or interpreted as an invitation by Us to use the Services, if You reside in a place in which such use is currently forbidden by law (including without limitation any Restricted Territories), or where We, in Our sole discretion, elect not to offer Services. We do not intend to enable You to contravene applicable law. We make no representations or warranties, expressed or implied, concerning the legality of the Services and/or the lawfulness of any person's participation in any activity through the Website and/or Services.

V. Registration Requirements

10. You shall be fully and solely responsible to reserve in confidentiality Your Account and not to transfer Your Account details to another. The full responsibility for an unauthorized use of Your Account lies solely with You, and You will bear, alone, all responsibility derived of an unauthorized use of Your Account. If You misplace, forget or lose Your Account details, iCronPay shall not be liable for any direct or indirect loss associated with such occurrence.

11. By opening an Account, You hereby represent, warrant, acknowledge and undertake, towards iCronPay, that: (i) Your Account is for Your personal use only and not on behalf of any third party; (ii) You are an individual or company who can form legally binding contracts under the law applicable to Your country of residence, and You are at least 18 years old or at the age of legal consent as set by the law applying in the territory You are located in –whichever is higher; (iii) if You are registering as or for a business entity, You hereby declare that You have the authority to bind that entity to this Agreement; (iv) it is Your responsibility to read and comprehend the Services' rules and procedures and You fully understand these rules and procedures; (v) You will cooperate with iCronPay and provide it with all requested documentation in a full, complete and truthful manner; (vi) You have verified and determined that Your use of the Services does not violate any laws or regulations of any jurisdiction that applies to You; (vii) You will use the Website and/or Services in good faith towards iCronPay and others using the Website and/or Services; (viii) iCronPay may at its sole discretion, open, maintain and/or close Your Account; (ix) You shall be solely responsible for maintaining the confidentiality of Your Account, and for any and all actions taken in connection with Your Account by anyone who enters Your Account while using Your Account, and all such actions shall be deemed as actions taken by You; (x) You will immediately inform iCronPay of any suspected unauthorized use of Your Account; (xi) You shall indemnify iCronPay and hold iCronPay harmless from and against all claims, liabilities, damages, losses, costs and expenses, including legal fees, arising out of or in connection with any breach of these Terms of Use by You, and any other liabilities arising out of: (a) Your access to or use of the Website and/or Services, or (b) Your violation of any of the terms of these Terms of Use, or (c) Your breach of any applicable laws or regulations, or (d) any unauthorized use of the Website and/or Services by any third party using Your Account. 13. You further represent, warrant, acknowledge and undertake, towards iCronPay, that (i) You will not use Your Account and will not allow any third party to use Your Account for any Illegal Actions; (ii) in case You will perform any Illegal Action iCronPay shall be entitled to disclose any and all of Your Account details and information to the relevant authorities, and to suspend and/or cancel Your Account; (iii) You shall be solely responsible for all losses, liabilities and damages incurred as a result of any Illegal Action performed by You and You shall indemnify iCronPay for any such losses, damages and liabilities; and (iv) You have not had an Account in the past which was terminated or suspended by iCronPay.

12. You may not damage, disable, overburden or impair the Website and/or Services. You may not: (i) upload any content to the Website and/or Services that is libelous, defamatory, offensive, threatening, abusive, hateful, objectionable, harassing, sexually explicit, obscene, illegal, or that infringes or violates any intellectual property rights of any person or otherwise violates the law; (ii) use any automated means to access or use the Website and/or Services or copy or scrape data from the Website and/or Services; (iii) bypass any measure iCronPay may use to prevent or restrict access to the Website or any of the Services; (iv) fraudulently manipulate the Website and/or Services in any way. For avoidance of doubt, You shall be responsible and bound by any unauthorized use of the Website and/or Services, made in breach of this section.

VI. Customer Support

13. You may contact Us in connection with anything related to the Website and/or the Services at any time via Our customer support or via Email at support@icronpay.com 16. Any communication with Our customer support will be handled with the utmost care and without any delay. For such purpose, We will contact You via the contact details provided to Us, and You hereby provide Your consent for such contact.