Terms of Service

Effective date: November 8, 2026

These Terms of Service ("Terms") govern your access to and use of the services provided by PaperPay Inc. ("PaperPay", "we", "us", or "our"), including the PaperPay website, API, checkout widget, verification services, and all related products (collectively, the "Services").

By accessing or using the Services, you agree to be bound by these Terms. If you do not agree, do not use the Services.

1. Eligibility

You must be at least 18 years old and capable of forming a binding contract to use the Services. By using the Services, you represent that you meet these requirements.

2. Account Registration

To access certain features, you may need to create an account. You agree to provide accurate, current, and complete information and to keep it updated. You are responsible for all activity under your account and for maintaining the confidentiality of your credentials.

3. Services Description

PaperPay provides payment processing, identity verification, spending containers, and related financial technology services. We act as a technology provider and facilitate transactions between merchants and customers through third-party payment processors including Stripe.

4. Payment Processing

• All payment processing is handled by our third-party payment processor, Stripe. Your use of payment services is also subject to Stripe's Terms of Service.
• We support various payment methods including credit/debit cards, Apple Pay, Google Pay, and other methods as available in your region.
• Transaction fees apply as described in your merchant agreement or as posted on our website.
• You authorize PaperPay to initiate charges to your selected payment method for transactions you approve.

5. Spending Containers

Spending containers are pre-funded accounts with configurable limits designed for AI agent and automated transactions. Container balances are held by PaperPay and are not insured deposits. Unused balances are refundable upon account closure, subject to any pending transactions.

6. Identity Verification

Our verification services collect identity documents and biometric data (selfie images) to verify your identity. This data is processed in accordance with our Privacy Policy. You consent to the collection and processing of this data when using verification services.

7. Prohibited Uses

You agree not to:

• Use the Services for any unlawful purpose or in violation of any applicable law
• Process transactions for illegal goods or services
• Engage in fraud, money laundering, or terrorist financing
• Reverse-engineer, decompile, or disassemble the Services
• Interfere with or disrupt the integrity or performance of the Services
• Attempt to gain unauthorized access to the Services or related systems
• Use the Services to transmit malware or other harmful code

8. Intellectual Property

The Services and all content, features, and functionality are owned by PaperPay Inc. and are protected by copyright, trademark, and other intellectual property laws. You may not copy, modify, distribute, or create derivative works without our prior written consent.

9. Termination

We may suspend or terminate your access to the Services at any time, with or without cause, upon notice. You may close your account at any time by contacting us. Upon termination, your right to use the Services ceases immediately. Provisions that by their nature should survive termination will survive.

10. Disclaimer of Warranties

THE SERVICES ARE PROVIDED "AS IS" AND "AS AVAILABLE" WITHOUT WARRANTIES OF ANY KIND, EXPRESS OR IMPLIED. WE DO NOT WARRANT THAT THE SERVICES WILL BE UNINTERRUPTED, ERROR-FREE, OR SECURE.

11. Limitation of Liability

TO THE MAXIMUM EXTENT PERMITTED BY LAW, PAPERPAY SHALL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, OR ANY LOSS OF PROFITS OR REVENUES, WHETHER INCURRED DIRECTLY OR INDIRECTLY. OUR TOTAL LIABILITY SHALL NOT EXCEED THE GREATER OF THE AMOUNTS PAID BY YOU TO PAPERPAY IN THE TWELVE (12) MONTHS PRECEDING THE CLAIM OR ONE HUNDRED CANADIAN DOLLARS (CAD $100).

12. Indemnification

You agree to indemnify and hold harmless PaperPay, its officers, directors, employees, and agents from any claims, damages, losses, or expenses arising from your use of the Services or violation of these Terms.

13. Governing Law

These Terms are governed by the laws of the Province of Ontario and the federal laws of Canada applicable therein, without regard to conflict of law principles. Any disputes shall be resolved in the courts of Ontario, Canada.

14. Changes to Terms

We may modify these Terms at any time by posting the revised Terms on our website. Your continued use of the Services after changes are posted constitutes acceptance of the modified Terms. Material changes will be communicated via email or prominent notice on the Services.

15. Contact

For questions about these Terms, contact us at:
PaperPay Inc.
Email: [email protected]