Terms of Service

These terms are a contract between you and Genesis Technologies FlexCo in Vienna, Austria (“GenesisPay”, “we”, “us”), the operator of genesispay.finance, the GenesisPay checkout and payment pages, the dashboard, the APIs and the published SDKs (together, the “Service”). By creating an account, paying through a GenesisPay link, or using our APIs, you accept them. If you use the Service for a business, you confirm you are authorised to bind that business. Questions go to dev@genesis.co.at.

1. What GenesisPay is — and is not

GenesisPay is non-custodial payment infrastructure. A seller creates a payment link; a payer settles it in stablecoins (USDC or EURC) on the Base network, directly from the payer’s wallet or balance to the seller’s receiving address. We provide the software that prepares, verifies and broadcasts these payments.

• We never hold your funds. Money moves peer-to-peer on-chain. We have no customer float, and we cannot spend, freeze or seize funds in your wallet.
• We never sign for a human payer. Every payment is authorised by a signature you (or your agent, under rules you set) create. Our facilitator broadcasts what was signed; it cannot move money it was not authorised to move.
• We are not a bank and do not take deposits, extend credit, exchange currencies, or provide investment services. Stablecoins are issued by third parties (for example Circle for USDC/EURC) under their own terms.

2. Eligibility and accounts

You must be at least 18 years old and legally able to enter contracts. You agree to provide accurate information and keep it current. You are responsible for everything that happens under your account and API keys: keep credentials confidential, and tell us immediately at dev@genesis.co.at if you suspect unauthorised use. Sellers must complete business verification (KYB) before receiving live API keys; we may decline, limit or revoke verification where the law or our risk policy requires it.

3. Payments are final

Payments settle on a public blockchain. A settled payment is irreversible. We cannot cancel, reverse, or claw back an on-chain transaction, and there is no chargeback mechanism. Check the amount, currency and recipient before authorising a payment. Refunds and disputes about goods or services are strictly between payer and seller; a seller who owes a refund sends a new payment. We are not a party to the underlying sale and do not arbitrate disputes.

4. Sellers

As a seller you are responsible for:

• the goods and services you sell — their legality, description, delivery, quality, and all taxes and reporting connected to your sales;
• the wallet address you configure as your receiving address — payments sent to the address you configured are payments delivered to you;
• your own compliance — consumer law, tax law, and any licence your business needs;
• the personal data of your customers that you enter into the Service (for example on invoices) — you confirm you may lawfully use it.

You may not use GenesisPay to sell or facilitate:

• anything illegal in your jurisdiction or your buyer’s;
• unlicensed gambling or betting;
• adult content or services;
• weapons, controlled substances, stolen goods, counterfeits, malware, or material that exploits minors;
• fraud of any kind — including money laundering, terrorist financing, Ponzi or pyramid schemes, and evading sanctions;
• transactions for persons or countries subject to EU, US or UN sanctions.

We may suspend or terminate accounts, links or keys that we reasonably believe violate this section, and where the law requires it we may do so without prior notice.

5. Agent accounts

An agent account lets an AI agent pay from a balance you fund, under spending policies — limits and allowlists — that you configure and that we enforce server-side. You are responsible for the actions of any agent you connect: a payment your agent makes within the policies you set is a payment you authorised. Payments over your limits require your explicit approval in the dashboard; if you approve one, it is yours. Keep agent API keys secret and revoke them immediately if compromised — until revocation, we treat properly authenticated requests as yours.

6. Top-ups and third-party services

Balance top-ups, fiat on-ramps and wallet software are provided by third parties under their own terms; when you use one, you contract with that provider directly. We do not control their fees, availability, processing times or eligibility decisions. Availability differs by region — for example, top-ups are currently not offered to buyers in the United Kingdom — and a region or provider can become unavailable without notice. Your existing balance and normal payments are unaffected by top-up availability.

7. Fees

Our fee is 1% per successful payment, deducted at settlement, with no fixed costs. During the beta the fee is 0%. We will announce fee changes at least 30 days before they take effect; continued use after that date is acceptance. Network (gas) fees and third-party provider fees are not ours and are not included.

8. Blockchain risks

You understand and accept the risks inherent in public blockchains:

• transactions can be delayed or fail due to network congestion, and gas costs vary;
• a stablecoin’s value depends on its issuer and reserves — a stablecoin can deviate from its peg, and the issuer can freeze tokens under its own terms;
• if you lose control of a self-managed wallet or its keys, neither we nor anyone else can recover it or the funds in it;
• blockchain records are public and permanent (see our Privacy Policy).

Nothing in the Service is investment, legal or tax advice, and nothing in it is an invitation to buy or hold any token.

9. Beta status and availability

The Service is provided as a beta. We work to keep it available and correct, but we do not guarantee uninterrupted operation, and we may change, suspend or discontinue features. Test and sandbox modes exist so you can integrate without moving real money; simulated and testnet payments have no monetary value.

10. APIs and SDKs

We grant you a non-exclusive, revocable licence to use our APIs and published SDKs to integrate with the Service. Do not exceed reasonable request volumes, probe or circumvent security or spending-policy enforcement, misrepresent your integration, or resell access to the Service as your own. The SDKs’ open-source licences govern the code itself.

11. Intellectual property

The Service, the GenesisPay name and branding, and our content remain ours. You retain all rights to your own content and data; you grant us the licence needed to host and process it to provide the Service.

12. Disclaimer and liability

The Service is provided “as is” and “as available”. To the extent permitted by law, we exclude all warranties we are allowed to exclude, and our total liability for slightly negligent breaches is limited to typical, foreseeable damage and capped at the greater of EUR 500 and the fees you paid us in the twelve months before the claim. We are not liable for lost profits, lost data you failed to back up, actions of third-party providers, blockchain networks or token issuers, or for events outside our reasonable control. Nothing limits our liability for intent, gross negligence, personal injury, or any liability that cannot be limited by law — and nothing in these terms limits statutory consumer rights.

13. Indemnity (businesses only)

If you use the Service as a business, you will indemnify us against third-party claims arising from your sales, your content, or your breach of these terms, including reasonable legal costs.

14. Termination

You can close your account at any time. We can suspend or terminate the Service or your account with reasonable notice, or immediately where required by law or by a serious breach of these terms. Because we never hold your funds, closing an account never traps money: your wallet and its contents remain yours. Provisions that by their nature survive (finality, liability, indemnity, governing law) survive termination.

15. Changes to these terms

We may update these terms. For material changes we will give account holders at least 30 days’ notice by email or in the dashboard; continued use after the effective date is acceptance. If you do not agree, stop using the Service and close your account before the change takes effect.

16. Governing law and disputes

These terms are governed by Austrian law, excluding its conflict-of-law rules and the UN Convention on Contracts for the International Sale of Goods. For businesses, the courts of Vienna, Austria have exclusive jurisdiction. If you are a consumer in the EU/EEA, you keep the protection of the mandatory rules and courts of your country of residence, and you may use the European Commission’s online dispute resolution platform at ec.europa.eu/consumers/odr. We are not obliged and do not commit to participate in dispute resolution before a consumer arbitration board.

17. Contact

Genesis Technologies FlexCo
Gerhard-Bronner-Straße 1/109, 1100 Vienna, Austria
dev@genesis.co.at