Terms of Service.
By using the PayX platform, you agree to the following terms and conditions. Please read them carefully before integrating our SDK.
1. Acceptance of Terms
PayX provides payment infrastructure and related services. By accessing our API, dashboard, or website, you represent that you have the legal authority to bind your business to these terms.
Important: PayX is an infrastructure provider. We are not a bank, but we facilitate transactions through regulated telecommunications providers.
2. Acceptable Use Policy
You agree to use PayX only for lawful business purposes. Prohibited activities include, but are not limited to:
- Processing transactions for illegal goods or services.
- Circumventing platform security or rate limits.
- Misrepresenting your business tier or KYC status.
- Using the simulator for fraudulent testing purposes.
3. Settlements & Fees
Funds collected via PayX are settled according to your merchant tier:
- Standard Settlement: T+1 (funds available the next business day).
- Enterprise Settlement: Instant or custom schedules as agreed in your SLA.
- Fees: Processing fees are deducted automatically from each transaction.
Limitation of Liability
PayX provides its platform on an "as is" and "as available" basis. While we strive for 99.99% uptime, we are not liable for losses resulting from telecommunications network outages or third-party provider failures.