Legal disclaimer

bepay money functions as a global payment infrastructure designed to support seamless value transfer across countries, currencies, and financial systems. The bepay money ecosystem includes digital products and technological solutions such as the bepay money user application, the bepay money merchant application, and the IGPS cross-border payment infrastructure. bepay money does not function as a credit institution, payment (initiation) institution, money transmitter business, cryptoasset service provider, or financial service provider, and does not possess user funds or private keys.

The bepay money interface facilitates user interaction with decentralised ledger technologies (DLTs) and third-party platforms through the utilisation of open-source public APIs. The bepay money user application enables individuals to interact with digital assets and payment functionalities through a non-custodial wallet environment where users retain full control over their private keys and digital assets. The bepay money merchant application provides technological tools that enable merchants to accept and manage digital asset payments and related transaction data within their business environments. The IGPS cross-border infrastructure facilitates technological connectivity that supports cross-border transaction messaging, settlement coordination, and multi-currency payment interactions through integrated financial networks and supported partners.

The bepay money group operates through several entities globally, including bepay money Europe S.R.L registered in Romania, holding a VASP license, Bepay Technologies Private Limited in India, IGPS Technology LLC SCO in Dubai holding a DLT-related license, Bepay Fintech INC in the United States registered as a Money Services Business (MSB) with FinCEN, Directpay Fintech LTD in Canada holding MSB and Payment Service Provider (PSP) registrations, and Bepay Fintech Products Holding LTD in the British Virgin Islands. These entities support various operational, technological, regulatory, and partnership functions of the bepay money ecosystem across different jurisdictions.

Certain products and services available through the bepay money ecosystem are provided by third-party service providers, including licensed financial institutions, payment processors, custodians, card issuers and regulated service providers for certain payment processing, settlement, liquidity management, or fiat-related services associated with the bepay money user & merchant application or the IGPS cross-border infrastructure. Such services are governed by the respective provider's terms, policies, and applicable regulatory requirements. Each third-party service provider is solely responsible for the products and services it provides, including their operation, availability, regulatory compliance, customer support, and dispute resolution. bepay money acts only as a technology platform and integration layer for such services and does not assume responsibility or liability for the acts, omissions, or performance of any independent third-party provider.

The bepay money group has obtained and maintains relevant ISO (International Organization for Standardization) certifications to ensure high standards of information security, data management, and operational resilience. These certifications, such as ISO 9001, ISO 20022, and ISO 27001 (latest versions), reflect internal best practices but do not imply financial regulatory authorization or supervisory approval.

All interactions conducted through the bepay money ecosystem are subject to applicable regulatory standards. It is the responsibility of users, merchants, and partners to ensure adherence to the local laws that govern the use of digital assets, payment technologies, local restrictions (if any), and domestic tax laws. The control of digital assets within the non-custodial wallet environment is retained by the user, and such assets are neither held nor accessed by bepay money. Custody, settlement, and fiat services, where applicable, are rendered by licensed third-party partners.

Deposits in fiat currency may be subject to insurance coverage up to the legally established limits provided by the relevant financial institutions and according to international, European, national, or state law (where applicable).

The use of the bepay money wallet, merchant platform, IGPS infrastructure, or any related application or service within the bepay money ecosystem constitutes an explicit acceptance of the terms herein and a recognition of all inherent risks associated with the use of digital assets, decentralised systems, and cross-border payment technologies.