Terms of Service
Legal terms and conditions for using Payburse escrow services
Last Updated: January 1, 2024
1. Acceptance of Terms
By accessing and using Payburse ("the Service"), you accept and agree to be bound by the terms and provision of this agreement. If you do not agree to abide by the above, please do not use this service.
2. Description of Service
Payburse provides secure escrow services for online transactions between buyers and sellers. Our platform holds funds securely until both parties fulfill their obligations, ensuring safe and trustworthy transactions.
3. User Accounts
To use our services, you must:
- Be at least 18 years old
- Provide accurate and complete information
- Maintain the security of your account credentials
- Notify us immediately of any unauthorized use
4. Fees and Payments
Payburse charges fees for completed escrow transactions. Fees are clearly displayed before transaction completion and are only charged upon successful completion of the escrow process.
5. Prohibited Uses
You may not use our service for:
- Illegal activities or transactions
- Money laundering or fraud
- Transactions involving prohibited items
- Circumventing our security measures
6. Dispute Resolution
In case of disputes, Payburse provides professional mediation services. Our decisions are final and binding. We encourage users to communicate and resolve issues amicably before escalating to formal dispute resolution.
7. Limitation of Liability
Payburse shall not be liable for any indirect, incidental, special, consequential, or punitive damages, including without limitation, loss of profits, data, use, goodwill, or other intangible losses.
8. Privacy Policy
Your privacy is important to us. Please review our Privacy Policy, which also governs your use of the Service, to understand our practices.
9. Changes to Terms
We reserve the right to modify these terms at any time. We will notify users of significant changes via email or platform notifications. Continued use of the service constitutes acceptance of modified terms.
10. Contact Information
If you have any questions about these Terms of Service, please contact us at legal@payburse.com or through our contact page.
Questions about our terms?
Our legal team is here to help clarify any questions you may have.
Contact Legal Team