BlindPay Cashout App - Terms of Service

Last Updated: 07/10/2024
Blind Pay, Inc.

Introduction

Welcome to the BlindPay application ("App"). These Terms of Use ("Terms") govern the use of the App, which is operated by Blind Pay, Inc. ("BlindPay", "we", "us", or "our"). By accessing or using the App, you ("user", "you") agree to comply with and be bound by these Terms. If you do not agree to these Terms, do not use the App.

Service Description

The BlindPay App allows users to cash out their USDC cryptocurrency to local currency through a connected bank account. To use the service, the user must:

  1. Connect their blockchain wallet.
  2. Add a bank account with their information.
  3. Select the amount of USDC to be sent to the bank account.

Limitations and Fees

  • Non-Reversible Transfers: All transfers made through the App are final and cannot be reversed.
  • Free Cashouts: BlindPay will not charge any fee for the first 10,000.00 USDC transferred. After this limit, fees will apply.

Eligibility

To use the App, you must be of legal age and have the legal capacity to enter into binding contracts. By using the App, you represent and warrant that you meet these requirements.

Connecting Your Wallet

By connecting your blockchain wallet to the App, you authorize BlindPay to interact with your wallet for the purpose of executing cashouts. It is your responsibility to ensure the security of your wallet and to protect your access credentials.

Bank Information

You must provide accurate and up-to-date bank information to use the cashout service. If you provide nonexistent bank information, the transfer will not be completed, and the USDC will be returned to your wallet. BlindPay is not responsible for failed or delayed transfers due to incorrect or incomplete information provided by you.

Service Fees

After the first 10,000.00 USDC in free cashouts, BlindPay will begin to charge fees. The applicable fees will be clearly communicated in the App before you confirm a transfer.

Real-Time Crypto Fraud Prevention

We use CUBE3.ai technology for comprehensive real-time fraud prevention, compliance, and reputation management. Our system analyzes wallet activities to ensure user protection by detecting and blocking interactions with sanctioned addresses and cybercriminals.

Limitation of Liability

BlindPay will not be liable for any losses, damages, or claims arising from:

  • Any interruption or unavailability of the App.
  • Any unauthorized use of your account or wallet.
  • Any failure to complete a transfer due to incorrect information provided by you.
  • Any other act or omission beyond BlindPay's reasonable control.

Changes to the Terms

We reserve the right to modify these Terms at any time. Any changes will be posted on the App and will take effect immediately upon posting. It is your responsibility to periodically review the updated Terms.

Governing Law

These Terms will be governed by and construed in accordance with the laws of the state of Delaware, without regard to its conflict of law principles.

Acceptance of Terms

By using the App, you confirm that you have read, understood, and agree to be bound by these Terms.

Contact Details

For any inquiries, requests, or concerns related to this Privacy Policy or our data processing practices, please contact us using the following information:

Blind Pay, Inc.
8 The Green, #19364, Dover, DE 19901 US
[email protected]