Terms & conditions

PRELIMINARY WARNING AND CONSENT

PLEASE READ THESE GENERAL TERMS AND CONDITIONS CAREFULLY PRIOR TO ANY USE.

By accessing the Paycifi platform and utilizing our conditional payment infrastructure services, you hereby acknowledge that you have read and accepted, without reservation, the entirety of these General Terms and Conditions, as well as all terms incorporated herein by reference (including, without limitation, the policies of our third-party service providers).

Your attention is specifically directed to the following:

● Exclusive B2B Use: Access is strictly restricted to professional entities. By continuing, you certify that you are not acting in the capacity of a consumer.

● Technical Liability: Paycifi acts as a Software-as-a-Service (SaaS) provider and exercises no control or custody over funds or the underlying blockchain networks utilized.

● Technological Risks: The utilization of decentralized protocols and Smart Contracts involves inherent risks that you represent and warrant you understand and accept.

IT IS YOUR SOLE RESPONSIBILITY TO REVIEW THESE TERMS PRIOR TO EACH USE.

If you do not expressly agree to all of these terms, you are not authorized to access our websites or utilize our services. Under such circumstances, you must immediately cease all navigation on the platform.

TERMS AND CONDITIONS OF USE AND SERVICE – PAYCIFI

Last updated: January 18, 2026

1. PREAMBLE

Paycifi is a software platform for conditional payments and programmable escrow, based on Smart Contracts deployed on public blockchains. It is designed to enable professional parties to secure the financial execution of their contractual relationships, without substituting for the underlying contracts or existing legal mechanisms.

Paycifi acts exclusively as a provider of technical infrastructure and a software execution layer. The platform does not provide any legal, financial, banking, asset custody, or advisory services, and does not intervene in the contractual relationship between the utilizing parties.

The use of Paycifi implies full and unreserved acceptance of these Terms, which exclusively govern the relationship between the user and the platform editor, without prejudice to any contracts that may be entered into between the users themselves.

Paycifi’s functionalities are based on:

● Smart Contracts deployed on public blockchains;

● Integrations with independent third-party providers (specifically for digital wallets,

KYB compliance procedures, and crypto/fiat conversion services). These third-party providers deliver their services under their own liability and according to their own contractual terms. BE Blockchain acts neither as a financial intermediary, nor as a custodian of funds, nor as a provider of regulated services within the meaning of banking or financial law.

For any questions relating to the platform or these Terms, BE Blockchain can be contacted at the following address: contact@paycifi.com or via our official websites: https://beblockchain.be and https://paycifi.com.

1. WHO WE ARE

Paycifi is a platform published and operated by BE Blockchain SRL (hereinafter « BE Blockchain »), a Belgian law private limited company specializing in the design, development, and operation of software solutions based on blockchain and Web3 technologies. BE Blockchain SRL is a private limited company (SRL) under Belgian law, with a share capital of 15,000 euros, whose registered office is located at 49, rue du Centre, 5003 Saint-Marc, Belgium, registered with the Crossroads Bank for Enterprises under number 0736.494.076, and subject to VAT under number BE0736.494.076.

BE Blockchain designs and operates technical infrastructures intended for professional use, particularly in the fields of programmable payments, Smart Contracts, tokenization, and blockchain interoperability. Paycifi is one of the platforms developed and operated by BE Blockchain.

2. DEFINITIONS

2.1. User: Any natural person (acting on behalf of a professional) or legal entity accessing the platform.

2.2. Partner: Any person who is a party to a Contract, agreeing to be bound by their cryptographic signature.

2.3. Initiator: The Partner who creates and sets the conditions of a contract (expiration dates, amounts, addition of Partners, fund allocation, choice of arbitrator).

2.4. Payer: The Partner responsible for depositing funds into the Smart Contract.

2.5. Beneficiary(ies): The Partner(s) designated to receive the funds after validation of the service or arbitral decision.

2.6. Arbitrator: An independent third party, chosen by the Partners. A distinction is made between:

2.6.1. Referenced Arbitrator: A dispute resolution professional listed by Paycifi. Although selected for their expertise, these arbitrators act with complete independence. Paycifi does not guarantee the outcome of their arbitrations.

2.6.2. External Arbitrator: Any third party (e.g., lawyer, industry expert) directly invited by the Partners via their email address or Wallet.

Paycifi exercises no control, competence verification, or curation over these profiles. The Partners alone assume the risks associated with the choice of an External Arbitrator.

3. FUNCTIONAL GLOSSARY

3.1. Contract: The conditional payment agreement generated via Paycifi, governed by a Smart Contract deployed on a public blockchain.

3.2. Smart Contract: A self-executing computer program, deployed on a blockchain, whose terms and conditions are inscribed directly in the code. It automatically executes transactions (such as blocking or releasing funds) once the predefined conditions, validated by the Partners’ cryptographic signatures, are met, without intervention from Paycifi.

3.3. Cryptographic Signature: Unalterable proof of consent generated by a User’s Wallet to accept a contract or validate a service.

3.4. Wallet (Digital Wallet): Interface allowing interaction with the blockchain.

3.4.1. External Wallet: A Wallet over which the User retains sole custody (e.g., MetaMask).

3.4.2. Circle Wallet: A solution integrated by Paycifi for a simplified experience.

3.5. Deposit: The action of transferring the Payer’s funds to the Escrow Smart Contract on a blockchain.

3.6. Blockchain: A decentralized and secure distributed ledger technology, acting as the basic infrastructure on which Paycifi’s Smart Contracts are deployed and transactions are irreversibly recorded.

3.7. Stablecoin: A digital asset issued on a blockchain (such as USDC or EURC) whose value is pegged to a fiat currency (such as the Dollar or the Euro).

PART A – LEGAL FRAMEWORK AND TECHNICAL INFRASTRUCTURE

4. SERVICE PUBLISHER AND CONTACT

The Paycifi platform is published and operated by BE Blockchain SRL, a Belgian law private limited company, registered with the BCE under number 0736.494.076, whose registered office is located at 49, rue du Centre, 5003 Saint-Marc, Belgium (hereinafter « Paycifi » or « the Publisher »). Contact: contact@paycifi.com

5. OBJECT AND LEGAL QUALIFICATION

These Terms govern access to Paycifi as a software solution (SaaS). Paycifi acts exclusively as a provider of technical services offering an intermediation infrastructure for the execution of conditional payments.

The User expressly acknowledges and accepts the following principles, inherent in the technical architecture and functioning of the Paycifi platform:

5.1. Absence of Control over the Protocol: The Publisher has renounced any discretionary technical control over Paycifi’s Smart Contracts, for all past, present, and future versions. Consequently, Paycifi has no power to modify, suspend, or cancel transactions once they are recorded on the blockchain.

5.2. Neutrality: The Publisher is never a party to the Contracts concluded between the Partners.

5.3. Non-Custody of Assets: The Publisher does not hold, control, or manage the funds at any time. The funds are exclusively under the control of the Smart Contracts and the Partners’ cryptographic signatures.

5.4. Network Independence: The Publisher exercises no control over the blockchain networks or any decentralized infrastructure used.

5.5. Absence of Advice: The Publisher does not provide any legal, financial, or investment advisory services.

6. USE OF THIRD-PARTY PROVIDERS AND SUBCONTRACTING

To ensure the operation of the Platform and the compliance of the services, Paycifi relies on various specialized providers (notably for identity verification, risk analysis, wallet infrastructure, or hosting).

6.1. Authorization: The User expressly authorizes Paycifi to use any subcontractor or partner of its choice for the execution of the Services.

6.2. Independence: With the exception of simple technical integration, these providers act independently. Paycifi’s liability shall not be engaged for acts, omissions, or service interruptions attributable to these third parties (subject to the provisions of Article 9.2.2 concerning integration).

6.3. Personal Data: The list of subcontractors processing personal data and the modalities of this processing are detailed and updated in our Privacy Policy, which the User is invited to consult.

7. ELIGIBILITY AND STRICT EXCLUSION OF B2C

The platform is strictly reserved for professional use (B2B).

7.1. Access is prohibited to any person acting as a consumer within the meaning of consumer law.

7.2. The User guarantees their professional status and undertakes to indemnify Paycifi for any damage resulting from a false declaration in this regard.

7.3. In the event of use by a non-professional, Paycifi disclaims all liability related to specific consumer legal protections.

8. WALLET ACCESS AND SECURITY (WALLETS)

The User freely chooses their mode of interaction with the platform, which determines their liability regime.

8.1. External Wallets (Non-Custodial)

The User may choose to connect their own third-party Wallet (e.g., MetaMask, Ledger). In this case:

8.1.1. Responsibility: The User is solely responsible for the custody of their private keys and the security of their Wallet.

8.1.2. Absence of Access: Paycifi has no access, no control, and no possibility of recovering funds in case of loss of key, theft, or hacking of the external Wallet.

8.2. Integrated Wallets (Circle MPC Infrastructure)

By opting for a standard registration method via email and password, the User benefits from the integrated Wallet solution provided by Circle (Programmable Wallets). This choice entails the User’s express adhesion to Circle’s terms of use, including full understanding and acceptance of the following fundamental concepts:

8.2.1. MPC Technology (Multi-Party Computation): This solution is

exclusively provided and operated by the third-party provider Circle. The private key is fragmented into several computer shares (« Shares ») distributed between the User’s device (Device Share), Circle’s servers (Circle Share), and a backup method (Recovery Share). Paycifi never has access to the key or the funds.

8.2.2. Responsibility: Paycifi’s responsibility is exclusively limited to the proper technical integration of the Circle API and the provision of the user interface. The User is responsible for the security of their identifiers (Email/Password) and their device, as well as the Shares under their responsibility.

8.2.3. Recovery Procedure: The User is solely responsible for the choice and memorization of the security backup questions configured during the creation of their integrated Wallet. The User acknowledges that, pursuant to Circle’s security conditions, it is technically impossible to restore account access or reconstitute the private key without the exact provision of the answers to these three questions. Paycifi, having no access to these answers, cannot under any circumstances intervene to unblock an account in case of the User’s forgetting or loss of these elements.

8.2.4. Third-Party Failure: Paycifi cannot be held responsible for a bug, service interruption, loss of access, inability to reconstitute a key, or asset freeze resulting from Circle’s technical infrastructure. The User accepts Circle’s general terms and conditions (T&Cs) independently.

8.2.5. Evolution: Paycifi may subsequently offer options allowing the User to modify the configuration of their Shares to increase their personal control over the recovery key, according to the tools made available by Circle.

The User is invited to consult the general terms and conditions of our providers listed in Appendix 1 of this document.

9. COMPLIANCE AND SUSPENSION OF SERVICES

Access to Paycifi and the use of digital assets are strictly conditioned upon compliance with international compliance rules.

9.1. Sanctions Warranty: The User declares and warrants that they are not targeted, directly or indirectly, by international sanctions (notably OFAC, European Union, UN) and that they are not using the platform on behalf of persons subject to such measures.

9.2. Use of Stablecoins and Right to Freeze: The payment infrastructure uses Stablecoins (notably USDC and EURC) issued by the company Circle.

9.2.1. The User is expressly informed that the token issuers have technical functions enabling them to freeze assets in a Wallet in case of suspicion of illicit activity or violation of their own compliance rules.

9.2.2. Paycifi cannot be held responsible for the impossibility of executing a Contract, a loss of access, or the inability to recover funds resulting from such a freeze measure applied by a third-party issuer.

9.3. Suspension of the Service Layer: Paycifi reserves the right to suspend or restrict access to its interface (web, API, fiat ramp) in case of:

9.3.1. Regulatory Non-Compliance: Failure or expiration of KYB verifications.

9.3.2. Suspicion of Fraud: Suspicious activities or transactions linked to risky addresses.

9.3.3. Legal Obligation: Request from an administrative or judicial authority.

9.3.4. Third-Party Provider Decision: Suspension imposed by Circle or our financial service providers.

9.4. Persistence of the Smart Contract: The User acknowledges that the suspension of the Paycifi interface does not affect the existence of the Smart Contract on the blockchain. However, in case of freezing of tokens (USDC/EURC) by the issuer, the funds will become technically inaccessible, even via external tools, which the User accepts.

10. EXCLUSION OF LIABILITY RELATED TO NETWORKS, DECENTRALIZED

PROTOCOLS, AND MARKET CONDITIONS

Paycifi does not guarantee the continuous operation of blockchain networks and disclaimsall liability in case of:

10.1. Network congestion, increase in transaction fees (gas fees), or confirmation delays.

10.2. Malfunction, bug, « fork, » or definitive shutdown of the blockchain protocol used.

10.3. Security vulnerabilities or loss of parity (de-peg) related to the functioning of Stablecoins. The User acknowledges that the stability, liquidity, and convertibility of these assets depend exclusively on the third-party issuer (e.g., Circle) and not on Paycifi.

11. FORCE MAJEURE AND SYSTEMIC EVENTS

Neither Party shall be held responsible for a total or partial failure to fulfill any of its obligations under these Terms when such failure results from a force majeure event within the meaning of Belgian law, as interpreted by the case law of the Belgian courts.

The following are notably considered force majeure events, without this list being exhaustive:

11.1. A massive breakdown, prolonged unavailability, or serious malfunction of one or more public blockchain networks used by the platform;

11.2. A hard fork, soft fork, critical bug, cyber-attack (notably 51% attack, Smart Contract exploit, cryptographic vulnerability), or any technical evolution of the protocol rendering the execution of Smart Contracts impossible, altered, or unpredictable;

11.3. A significant interruption, suspension, or failure of services provided by essential third-party providers (notably wallet providers, Stablecoin issuers, compliance services, fiat/crypto conversion services);

11.4. A sudden legislative or regulatory change, an administrative prohibition, a judicial decision, or an injunction from a competent authority directly or indirectly affecting the use of digital assets, Stablecoins, or the services offered by Paycifi;

11.5. The adoption or extension of international sanctions, embargoes, or restrictive measures (notably OFAC, European Union, United Nations) impacting Users, third-party providers, blockchain networks, or the financial flows concerned. In the event of such an occurrence, Paycifi may suspend all or part of the access to the platform or its functionalities, without affecting the existence or the autonomous execution of the Smart Contracts deployed on the blockchain, which remain subject to the technical rules of the network concerned.

No compensation may be claimed from Paycifi on account of a force majeure event, the User expressly acknowledging the systemic, regulatory, and technological risks inherent in the use of blockchain technologies and digital assets.

PART B – ECONOMIC MODEL AND SERVICE FEES

12. PAYCIFI SERVICE FEES (PROTOCOL COMMISSION)

In consideration for the development of the Smart Contracts, the provision of the application interface (front-end), and the continuous evolution of access services, Paycifi collects service fees.

12.1. Rate and Immutability: The standard commission rate is currently 0.5% of the total secured amount (with a minimum of €0.50 per transaction). This rate is programmed immutably (hard-coded) within the Smart Contract at the time of its deployment on the blockchain.

12.2. Version Scalability: The User acknowledges that this rate corresponds to the specific version of the Smart Contract used for their Contract. Paycifi reserves the right to deploy new versions of the protocol with different fee structures. If applicable, the applicable rate will be explicitly mentioned in the interface for each new version of the Smart Contract offered.

12.3. Deduction: The commission is deducted automatically and irreversibly by the Smart Contract upon the final release of the funds (or upon the call for arbitration).

12.4. Specific Agreements and Cashback: Specific commercial agreements may provide for mechanisms for partial fee reimbursement (cashback) or derogating tariffs for large volumes. These agreements are subject to a separate contract and do not modify the automatic deduction carried out by the Smart Contract.

12.5. Acceptance: By cryptographically signing a Contract, the User accepts the execution of this computer code and the associated automatic deduction.

13. IDENTITY VERIFICATION FEES AND RE-INVOICING

Access to certain functionalities of the platform requires professional identity verification (KYB).

13.1. These verification fees are billed by Paycifi to the User during the registration procedure.

13.2. The amount collected is intended to cover the fees billed to Paycifi by the third-party verification providers. These fees are due regardless of the verification result (acceptance or refusal of the profile).

13.3. Paycifi reserves the right to adjust the amount of verification fees based on changes in the tariffs applied by third-party providers.

The User is invited to consult the general terms and conditions of our providers listed in Appendix 1 of this document.

14. NETWORK FEES (GAS FEES) AND SPONSORING

The User acknowledges that interaction with the blockchain generates network fees:

14.1. Integrated Experience (Circle Wallets): To date, for Users utilizing the integrated Wallets provided by Circle, Paycifi covers (sponsors) the network fees (gas fees) necessary for transactions. Paycifi reserves the right to terminate this sponsoring in case of abuse or changes in network pricing conditions.

14.2. External Wallets: For any use of an External Wallet (e.g., MetaMask), the User must bear the entirety of the network fees (gas fees) alone.

15. CONVERSION FEES (FIAT RAMP)

Fees related to the Fiat Ramp (fiat currency/crypto conversion) are billed directly by the conversion provider. Paycifi does not intervene in this financial flow and does not receive any commission on this operation, unless otherwise stated.

16. SPECIFIC AGREEMENTS AND VOLUMES (ENTERPRISE)

For large volumes or personalized Smart Contract needs, adapted fee structures may be negotiated via a separate service contract derogating from these standard fees.

17. ARBITRATION FEES

The Arbitrator’s fees are set by the latter independently. The User acknowledges that Paycifi does not receive any retro-commission on arbitration fees and does not intervene in their negotiation.

PART C – SPECIFIC CONDITIONS FOR ESCROW CONTRACTS

18. INDEPENDENCE OF CONTRACTS

Independence of agreements: The Contract generated via Paycifi constitutes the technical and cryptographic translation of the financial commitments between the Partners. This technical agreement is autonomous and distinct from any commercial or civil contract concluded elsewhere between the Partners. Paycifi is a third party to the contractual relations of the Partners and assumes, as such, no obligation or responsibility regarding the Payer’s solvency, or the conformity or quality of the Beneficiary’s services.

19. PROGRAMMABLE ESCROW MECHANISM

The funds are locked in a Smart Contract whose code is public, auditable, and verifiable on the block explorers of the blockchain used. This Smart Contract acts as an automated and neutral third-party depositary, whose execution is strictly limited to the programmed instructions. The User acknowledges that this mechanism guarantees:

19.1. Right of Withdrawal Before Acceptance: As long as all required Partners have not affixed their cryptographic signature to accept the Contract, the Payer retains the right to unblock and retrieve their funds at any time, without the agreement of the other parties.

19.2. Irrevocability After Acceptance: Once the Contract has been accepted by all Partners and funded, the funds are locked. They can only be released by:

19.3. Unanimous validation by the Partners via cryptographic signature (release to the Beneficiary(ies)).

19.4. Unanimous cancellation via cryptographic signature (return to the Payer).

19.5. An arbitration decision triggered by one of the Partners (if an Arbitrator has been designated).

19.6. Programmed Unblocking by Expiration (Payer Security):

19.6.1. Acceptance Expiration: If the contract is not accepted by all Partners before the offer’s expiration date, the funds are unblocked for the Payer. This unblocking becomes effective automatically on the scheduled due date.

19.6.2. Execution Expiration: In case of inaction by the Partners beyond the final execution date provided for in the contract, the funds are unblocked for the Payer, thereby terminating the escrow.

20. DISPUTE RESOLUTION AND EXPEDITED ARBITRATION

20.1. Designation of the Arbitrator: The Partners are free to pre-designate an arbitrator of their choice (referenced on the platform or external) at the time of Contract creation. By doing so, the Partners expressly agree that such person shall act as a sole arbitrator under the ICC Rules of Arbitration. If the pre-designated arbitrator is unable or unwilling to serve, or if no arbitrator was designated, the ICC shall appoint the arbitrator. Paycifi guarantees neither the neutrality nor the competence of external arbitrators.

20.2. ICC Expedited Arbitration: Failing an amicable settlement within thirty (30) days, the dispute shall be finally settled under the Rules of Arbitration of the International Chamber of Commerce (ICC) by the arbitrator designated in Article 20.1. The ICC Expedited Procedure Provisions shall apply regardless of the amount in dispute.

20.3. Seat and Language: The seat of arbitration shall be Geneva, Switzerland. The language of the arbitration shall be English, unless otherwise agreed by the Partners.

20.4. Technical Execution by Paycifi: Paycifi facilitates the technical execution of the arbitration clause by enabling the automated transfer of funds to the designated Arbitrator’s Wallet. The Partners acknowledge that such a transfer constitutes the end of Paycifi’s technical mission for the concerned Contract.

20.5. Residual Jurisdiction: Notwithstanding the arbitration clause, the courts of Belgium, shall have exclusive jurisdiction for any urgent, conservatory, or provisional measures required before the constitution of the arbitral tribunal.

20.6. Arbitrator’s Status and Liability: The Arbitrator acts as an independent professional and a fiduciary third-party depository. Paycifi does not provide professional liability insurance for the Arbitrator. It is the Partners’ sole responsibility to verify that the Arbitrator holds adequate professional indemnity insurance. Paycifi disclaims all liability for any fault, negligence, or misconduct of the Arbitrator once the funds have been transferred from the Smart Contract to the Arbitrator’s Wallet.

20.7. Transfer Conditions: The transfer of funds to the Arbitrator is only technically possible if:

20.7.1. An Arbitrator has been pre-designated and accepted by all Partners at the time of Contract creation;

20.7.2. A formal « Dispute Notification » has been initiated via the interface by a Partner justifying the opening of a procedure in accordance with the ICC Rules.

21. LIABILITY AND WARRANTY

Paycifi provides its Services on a best-efforts basis (an obligation of means) and « as is. » BE Blockchain disclaims all liability regarding:

21.1. The Substance of Transactions: Disputes between Partners relating to the execution or quality of services are provided for in their private contracts.

21.2. Arbitration: Decisions rendered by Arbitrators (Referenced or External) and the financial or operational consequences resulting therefrom for the Partners.

21.3. Technological Risks: Events inherent in blockchain technology, as well as failures, interruptions, or asset freezes attributable to third-party providers (notably Circle).

21.4. Excluded Damages: Expressly excluded from any compensation are losses of profit, losses of opportunity, losses of data, damage to image, or any missed commercial opportunity by the User.

22. LIMITATION OF THE PUBLISHER’S LIABILITY

To the extent permitted by applicable law:

22.1. Indemnification Cap: The total and cumulative liability of BE Blockchain / Paycifi, for any cause whatsoever, is strictly capped at the amount of service fees actually collected by Paycifi under the Contract that is the subject of the dispute.

22.2. Annual Reference: Failing the ability to link the dispute to a specific contract, this cap is set at the total amount of fees paid by the User to Paycifi during the twelve (12) months preceding the generating event.

22.3. Indirect Damages: BE Blockchain shall under no circumstances be held liable for indirect, incidental, or consequential damages resulting from the use or the inability to use the platform.

23. INDEMNIFICATION BY THE USER

The User undertakes to warrant, indemnify, and hold harmless BE Blockchain (as well as its directors and employees) from any claim, legal action, damage, loss, or sanction (including attorney’s fees) resulting from:

23.1. Use of the platform outside its professional scope or in violation of these Terms.

23.2. A violation of applicable laws, regulations, or international sanctions by the User.

23.3. A deliberate attempt to harm the integrity of Paycifi, BE Blockchain, or the interests of other Users (notably via cyber-attacks or KYC or KYB fraud).

PART D – GENERAL PROVISIONS AND APPLICABLE LAW

24. MAINTENANCE AND « AS IS »

The service is provided « as is » and « as available. » Paycifi reserves the right to suspend the user interface for maintenance without prior notice, which does not affect the persistence of Contracts on the blockchain.

25. APPLICABLE LAW AND JURISDICTION

These Terms are governed by Belgian law. Any dispute relating to the use of the platform or the Publisher’s liability shall be subject to the exclusive jurisdiction of the courts of Belgium.

26. SEVERABILITY CLAUSE

If any provision of these Terms is deemed invalid or unenforceable by a court, the other provisions shall remain in full force and effect. The invalid clause shall be replaced by a valid provision that most closely approximates the original economic intent.

27. FORCE MAJEURE AND SYSTEMIC EVENTS

The following are notably considered force majeure events, without this list being exhaustive:

27.1. A massive breakdown, prolonged unavailability, or serious malfunction of one or more public blockchain networks used by the platform;

27.2. A hard fork, soft fork, critical bug, cyber-attack (notably 51% attack, Smart Contract exploit, cryptographic vulnerability), or any technical evolution of the protocol rendering the execution of Smart Contracts impossible, altered, or unpredictable;

27.3. A significant interruption, suspension, or failure of services provided by essential third-party providers (notably wallet providers, Stablecoin issuers, compliance services, fiat/crypto conversion services);

27.4. A sudden legislative or regulatory change, an administrative prohibition, a judicial decision, or an injunction from a competent authority directly or indirectly affecting the use of digital assets, Stablecoins, or the services offered by Paycifi;

27.5. The adoption or extension of international sanctions, embargoes, or restrictive measures (notably OFAC, European Union, United Nations) impacting Users, third-party providers, blockchain networks, or the financial flows concerned.

In the event of such an occurrence, Paycifi may suspend all or part of the access to the platform or its functionalities, without affecting the existence or the autonomous execution of the Smart Contracts deployed on the blockchain, which remain subject to the technical rules of the network concerned.

28. MODIFICATION OF THE GENERAL TERMS AND CONDITIONS

28.1. Paycifi reserves the right to modify, supplement, or update these General Terms and Conditions at any time, notably in order to:

28.1.1. Take into account the evolution of the services, functionalities, or technical architecture of the platform;

28.1.2. Comply with any legal, regulatory, or jurisprudential developments;

28.1.3. Integrate new versions of Smart Contracts or new third-party providers.

28.2. Notwithstanding Article 28.1, any amendment to the dispute resolution and arbitration clauses shall not apply to Contracts already in escrow at the time of the update. Furthermore, Users will be notified at least thirty (30) days prior to the entry into force of any substantial change affecting service fees or fund release mechanisms.

28.3. Any substantial modification of the General Terms and Conditions will be brought to the User’s attention by any appropriate means (notably notification via the interface, email, or publication on Paycifi’s official website).

28.4. Unless otherwise provided or required by mandatory legal provision, the modified General Terms and Conditions shall enter into force as of their publication or the date indicated in the notification.

28.5. The continued use of the platform after the entry into force of the modified General Terms and Conditions constitutes the User’s full and unreserved acceptance thereof.

28.6. In case of disagreement with the new Terms, the User has the option to cease using the services, without affecting the autonomous and irreversible execution of the Smart Contracts already deployed on the blockchain.

28.7. The General Terms and Conditions applicable to a given Contract are those in force on the date of its cryptographic signature by the Partners, without retroactive effect on Contracts already concluded, unless otherwise required by mandatory legal provision.

29. SCHEDULES AND INCORPORATION BY REFERENCE

Schedule 1: Third-Party Service Providers and Terms

PRELIMINARY NOTICE: To provide its infrastructure services, Paycifi integrates solutions from independent third-party providers. By accepting the Paycifi Terms and Conditions, the User expressly acknowledges and agrees to be bound by the respective terms and conditions of the following providers, which govern the specific services they deliver.

1. IDENTITY VERIFICATION & COMPLIANCE (KYB/KYC)

Provider: Aiprise (Aiprise, Inc.)
Service: Automated identity verification, risk analysis, and Know-Your-Business (KYB) compliance infrastructure.
Applicable Terms: https://www.aiprise.com/terms-and-conditions

2. FIAT-TO-CRYPTO ON/OFF RAMP

Provider: Join (Join Payments)
Service: Conversion services between fiat currencies (EUR/USD) and digital assets (stablecoins), as well as associated payment processing.
Applicable Terms: https://getjoin.io/terms

3. DIGITAL ASSET INFRASTRUCTURE & STABLECOINS

Provider: Circle (Circle Internet Financial)
Service: Issuance and management of USDC/EURC stablecoins and provision of the Smart Wallet (Programmable Wallets) infrastructure used by Paycifi.
Applicable Terms: https://www.circle.com/en/legal

4. PAYMENT PROCESSING FOR COMPLIANCE SERVICES

Provider: Stripe (Stripe Payments Europe, Ltd.)
Service: Processing of payments specifically related to the settlement of KYB (Know Your Business) verification fees.
Applicable Terms: https://stripe.com/fr-be/legal

5. EUROPEAN COMPLIANCE & SERVICE INTERMEDIATION

Provider: Clever Finances
Service: Management and payment of third-party services in Europe, including but not limited to, the settlement of European KYB/compliance provider fees.
Applicable Terms: https://www.clever-finances.com/conditions-de-ventes/

6. WEB3 CONNECTIVITY PROTOCOL

Provider: WalletConnect (WalletConnect, Inc.)
Service: Communication protocol enabling the secure connection between the User’s external wallet and the Paycifi interface.
Applicable Terms: https://walletconnect.com/terms

Terms & Conditions