Denarii Pay Terms and Conditions

Welcome to the Denarii Pay terms and conditions for use (“Terms”). These Terms set forth the terms and conditions governing the use of Denarii Pay and the service provided thereof. Some services may be not available in all countries and we will try our best to mark these accordingly for your easy reference. 

By accessing Denarii Pay and/or initiating a transaction service you agree to be bound by these Terms and Conditions. Denarii Pay is owned and managed by DC Ventures LTD.

You will also be subject to such other guidelines, notices and terms at the time that you initiate a transaction using Denarii Pay.

1. DEFINITIONS

1.1. “Personal Information” means the details provided by you (e.g. name, address, email, identification number, etc.) on registration or whenever you use our Services;

1.2. “Services” means the following services provided by Denarii and where Denarii acts solely as an intermediary by providing an online platform and application to enable subscribers and registered users of the App to (a)     .

Make online banking transactions, Pay with approved Credit or Debit cards, Synchronizes with multiple accounting software

1.3. “     COUNTRY” means the      country as specified at the beginning of these Terms;

1.4. “We/us/ Denarii / DC” means DC Ventures LTD;

1.5. “     App” means the Denarii App available on the Apple App Store or the Google Play Store; and

1.6. “You/your” means any person who uses Denarii Pay and or the Services in any manner whatsoever.

2. USE OF THE Denarii Pay

2.1. Access. You are provided with access to Denarii Pay in accordance with these Terms and conditions. Any transactions placed by you must be placed strictly in accordance with these Terms. Our Website is intended for use by people resident in countries worldwide. Our functionality is dependent on the countries and our Services are continuing being evolved to increase usefulness to you. 

Prior to using the Services, you must have subscribed for a plan.

2.2. Registration

2.2.1. By registering as a user of our Denarii Pay, you warrant that:

2.2.1.1. the Personal Information which you provide when you register and that which you continue to provide as a user is true, accurate, current and complete in all respects; and

2.2.1.2. you will review and update your Personal Information by logging into your account or by contacting our customer service team.; and

2.2.1.3. you are at least 18 years old. Persons under the age of 18 are prohibited to register as a user of Denarii Pay account and are not allowed to transact.

2.2.2. You agree not to impersonate any other person or entity or to use a false name or a name that you are not authorized to use.

2.2.3. You will use your email as a profile login and choose a password upon registration. You are responsible for maintaining the confidentiality of your password and account email login, and are fully responsible for all activities that occur under your password or account email login. You agree to immediately notify us of any breach of security by contact info@denarii.com.

2.3. Our rights We reserve the right to:

2.3.1. modify or withdraw, temporarily or permanently, Denarii Pay (or any part thereof) with or without notice to you and you confirm that we shall not be liable to you or any third party for any modification to or withdrawal of the Denarii Pay; and/or

2.3.2. change these Terms and Other Terms from time to time in accordance with clause 15 – Our Right to Vary these Terms. If you do not agree to such amended terms, you must stop using the Denarii Pay. If you continue to use the Denarii Pay, you will be deemed to have accepted the amended terms.

2.3.3. We reserve the right to withdraw any Services from time to time in accordance with clause 3.2.3.

3.     SERVICES IN DETAIL

3.1 Description: Our Services is to enable Users to transmit payments for business purposes to COUNTRY based business recipients (“Recipients”). You may capture a Recipient invoice by uploading an invoice electronically, import an invoice from various accounting software, or enter in invoice details manually. Such information may be used to generate a bill which can then be synced with various accounting software.

3.2 Fee: For access to and use of the Services, we may charge Users a fee (the “Fee”)     . The Fee shall be on a per transaction basis and is linked to a credit card / debit card for payment. Users are required to subscribe and register for  plan prior to using the Services.

     3.3 Accepted Payment Methods :  we enable Users to transmit payments to Recipients via credit or debit card, or via wire transfer. Financial institutions in the COUNTRY which we support will appear in the drop down menu. 

3.4 Funds : At any time, we DO NOT have any ownership or entitlement to the Payment being made to the Recipient. We are only entitled to our Fee.

3.5 Independent Contractor :  We are an independent, third-party service provider contractor.  You acknowledge and agree that your use of the Services do not in any way constitute a tripartite agreement between you, us, and the Recipients.

3.6 No Liability :  Accordingly, we do not have responsibility nor will have liability for any consequences resulting from your interactions or contracts with Recipients for any reason whatsoever. You further acknowledge that your use of Services does not alter or affect any Recipient payment terms.

4. ELIGIBILITY AND SETTING UP YOUR ACCOUNT

4.1 Eligibility Requirements: In order to use the Services, you must (i) be an individual of at least 18 years old and able to form legally binding contracts under applicable law, (ii) have a valid and active e-mail address, (iii) use the Services on behalf of business established, incorporated or domiciled in the COUNTRY,and (iv) have a valid account at bank supported by us or a debit or credit card.

4.2 Creating an Account: In order to access the Services as a User, you must create an account (“Account”). When you set up your Account, you will be required to create log-in credentials by providing certain types of personal information including your name, a valid email address, information about your business, and a strong password (collectively, your “Registration Information”). We may also request additional information, in respect of your You agree to provide true, accurate and complete Registration Information and to notify us promptly if any of your Registration Information, including your email address, changes. You agree that you will take reasonable precautions to safeguard your password and other authentication details and keep them confidential. You are responsible for all activity that occurs in association with your Account. We are not liable for any loss or damages caused by your failure to maintain the confidentiality of your Account credentials.

A. Multiple Users: You as a User may invite additional persons to transact on your account (each, an “Additional User”). Additional Users are granted the right to access and use the Services on your behalf. You may impose certain controls or limits on your Additional User’s access to the Services, including, but not limited to, setting maximum transaction amounts for an Additional User or requiring User approval for certain transactions. You are responsible for all actions and omissions of your Additional Users. Any act or omission by any Additional User, which, if it were an act or omission by you would be a breach of this Agreement, shall be deemed to be a breach of this Agreement by you. You will deactivate the Additional User if you wish to terminate the Additional User’s access to the Services. 

B. You will ensure the security and confidentiality of your Account and will use commercially reasonable efforts to prevent unauthorized access to or use of the Services. 

C. You shall be responsible for all costs, fees, liabilities, or damages incurred through any access to or use of the Services through your Account.

4.3 Privacy : Personally identifiable information (“Personal Information”) provided through the Services is governed by our Privacy Policy at [https://denarii.com/privacy/]. By using the Services, you agree to, and are bound by, the terms our Privacy Policy which is incorporated by reference into this Agreement. You authorize us, directly or through third parties, to make any inquiries we consider necessary to verify your or your business’ identity. This may include asking you for further information, requiring you to take steps to confirm ownership of your email address, financial instruments, or information associated with your business, and verifying your Personal Information. If we cannot verify your or your business identity, we reserves the right to deny you use of the Services or to limit your use of your Account.

4.4 Linking a Payment Method : Once you have created an Account, you may link various payment methods, including your accounts with financial institutions (each, a “Bank Account”) or credit or debit cards. By using the Services, you grant us and our payment service providers (“PSP”) the right, power, and authority to act on your behalf to access and transmit your personal and financial information from the relevant financial institution. You agree to your personal and financial information being transferred, stored, and processed by our PSP in accordance with its PSP Privacy Policy which is available on these links [DAPI + Paynamics + Plaid + Checkout.com + Xendit]. Please note that payment methods may be saved to your Account for easy reference and submission and they can be removed/unlinked from your account at your convenience.

4.5 Payment Method Verification: Upon addition to your Account, your Bank Account may be verified to confirm its validity. A temporary, small authorization charge may appear on your bank statement. You authorize us  to credit your Bank Account with two (2) different and random micro-deposits, which you will be required to enter once prompted through the Services. You also authorize us to debit your Bank Account for the amounts of the two (2) micro deposits within ten (10) business days.

4.6 Payment Method Representations: When you add a payment method to your Account, you agree to the following: (1) You have the authority to disclose the payment method information and to bind the person or organization for which you act; (2) You authorize the initiation of debit or credit entries, as applicable, to the payment methods in accordance with instructions inputted through the Services, and, if necessary, the initiation of adjustments for any transactions debited or credited in error; (3)  You acknowledge that transactions initiated from your payment method must comply with the provisions of the. Law of the Country; (4) Your authorization will remain in effect until not later than thirty (30) days after we receive written notice from you of your desire to cancel; and (5) You will not use the Services for personal, family, or household purposes.

4.7 Your Existing Payment Method Terms :  All payment method usage associated to payments submitted via the Services are subject to existing terms for your payment method, including any relevant credit or transactional limits, credit and interest terms, and rewards programs. Where applicable, we and where applicable, the Banks retain  all rights and authority for the treatment of your payment methods via the Services, which may supersede your payment method program terms. For example, we may impose a transactional limit on your payment method for payments via the Services, which may be a lower value than the amount allowed by your program. Payments may only be made in accordance with the laws and regulations of the COUNTRY. We may, at our sole discretion, impose limits on the size, frequency, and timing of payments sent through the Services, on a per transaction or a cumulative basis, and change those limits at any time.

4.8 Restrictions on Payment Methods : To prevent fraud and comply with legal obligations, we may ask for additional information from you and from third parties. We may put your payment or your payment method on hold for review. If you do not cooperate with our review process, your payment may be delayed or declined. We reserve the right to limit or refuse your use of a particular payment method for any reason in our sole discretion. We may impose limitations on the size, frequency, and timing of payments. We may decline to make payments or otherwise deny you use of the Services, and we may decline to explain why.

4.9 Recipient Setup. To use the Services, you may enter payment information for Recipients. You must provide correct and current payment information for each Recipient as follows: (1) you must provide the Recipient name and remittance address; (2)  In addition, for electronic payments, you must: (A) Invite the Recipient to set up an Account by sending the Recipient an e-mail invitation through the Services; (B) Input the Recipient’s IBAN and bank account number through the Services; (C) Input the Recipient’s telephone number and email address; or (D) Confirm existing Recipient details (if they have previously used the Services.

5. MAKING PAYMENTS THROUGH THE SERVICES.

5.1 Payment Submission : Payments can be submitted for immediate or future processing via the Services. Payment submission requires at least the following to be specified:  (A) a Recipient; (B) a payment method; (C) a payment amount; and (D) the invoice number. Any or all of the above fields may be pre-filled for you. You agree to allow us and/or the Banks to share this information with your Recipient.

5.2 Payment Information: We may require additional information from you at the time you submit a payment. This may include, but is not limited to, requesting additional documentation related to a specific payment or additional details regarding the designated Recipient.

5.3 Processing Payments: Payments made through the Services require sufficient time for your Recipient to receive your payment and credit your account accordingly. To make a payment, use the Services to select the date (“Process Date”) on which we (or our business partners) will debit your payment method to pay a bill or an invoice. The Services will indicate the earliest possible Process Date for each payment. We will use commercially reasonable efforts to issue payment within one to two business days following the Process Date, depending on the size of the payment and subject to “payment review,” as described below. You will be solely responsible for scheduling payments and selecting a Process Date for each payment that allows sufficient time for the payment to be delivered on or prior to the bill’s due date. Typically, it takes two to three full business days after the Process Date to post an electronic payment. However, we are not bound by these time lines. Payments submitted for immediate processing will require successful payment method authorization at time of submission, while payments marked for future processing will require payment method authorization on the Process Date indicated for the payment. If a payment method fails to authorize, we and the Banks will be unable to continue to process your payment, and we will notify you via the Services.

5.4 Scheduled Payments :  Payments may be submitted with a Process Date in the future (“Scheduled Payments”), but must be assigned to a payment method at time of submission which remains valid through the payment Process Date. The details of a Scheduled Payment, including associated Fees, are locked in at time of submission, except where noted otherwise. Prior to its Process Date, a Scheduled Payment may be cancelled or edited via the Services. Editing a Scheduled Payment is functionally treated as the deletion of the original Scheduled Payment and creation of a new Scheduled Payment, and accordingly may result in alterations not specifically requested including but not limited to recalculation of associated fees, and reiteration of any applicable payment review processes.

5.5 International Payments : [NOT AVAILABLE AT THIS COUNTRY]

6. PAYMENT AUTHORIZATION

By providing us with the names and account information of Recipients to whom you wish to direct payments, you authorize us and the Banks to follow the payment instructions that are received from you. In order to process payments more efficiently and effectively, the Banks, at our instruction, may submit payments to the best known Recipient address. When necessary, the Banks, at our instruction, may alter payment data or data formats or change or reformat your Recipient account number to match the account number or format required by your Recipient for electronic payment processing. When we or the Banks receive a payment instruction, you authorize each such party to debit your payment method and remit funds on your behalf. You also authorize us or the Banks to credit your payment method for payments returned to us by the  Recipient, or payments remitted to you on behalf of another authorized user of the Services.

7. TRANSACTION CLASSIFICATION

7.1 Cash Advances : We will prepare and submit credit card authorizations as purchases rather than cash advances. However, in some cases where we do not have an existing relationship with the merchant, your credit card transactions may be treated as a cash advance. If this is the case, we cannot support such payment. We will notify you prior to payment submission, and you may switch to a different card or opt out of the submitting the payment altogether.

7.2 Authorizations :  Treatment of our authorizations is managed in the sole discretion of the issuing banks. You agree to not to hold us or the Banks liable for any consequences resulting from issuer treatment of card authorizations, which may include but are not limited to cash advance fees, impacted reward program earnings, or altered credit programs and interest rate terms.

8. PAYMENT REVIEW

8.1 Review. At any time post submission, your payment may be subject to review, which serves to better understand the nature of and reason for your payment. During this review process and for any reason, we or the Banks may place a temporary hold on the delivery of your payment for as long as reasonably required to conduct an appropriate inquiry regarding you, the Recipient, your business, a bill, payment history, and other relevant circumstances and factors.

8.2 Cooperation: You acknowledge that our ability to efficiently and effectively review your payment is reliant upon your cooperation, and you absolve us and the Banks from any negative impacts to the delivery of your payment arising from delayed, incomplete, or insufficient responses to our inquiries.

8.3 Result of Payment Review: Depending on the results of this review, we may instruct the Banks to clear the payment, reverse the payment, or hold the payment pending instructions from a government agency. We also reserve the right to cancel any payment. In such cases and as permitted by applicable law, your funds will be returned to you via the original payment method, or if necessary via other means.

9. INSUFFICIENT FUNDS

You agree at all times to maintain sufficient funds in your payment method to satisfy all obligations including returns, reversals, and associated fees, and to add funds immediately if we notify you that your funds are insufficient. Without limiting any other available remedies, if any payment initiated from your payment method is returned because of insufficient funds, you must reimburse us (or to the extent applicable, the Banks) for any corresponding payment amount immediately upon demand, plus exceptions processing fees, plus any bank fees, charges or penalties for return items. We or the Banks also reserve the right to debit a Recipient’s account for money paid to the Recipient on your behalf if your payment is returned because of insufficient funds or any other reason. Each of us and the Banks reserves the right to withhold funds from a payment to a Recipient if you have an outstanding balance with us. You shall be solely responsible for all penalties, interest charges, late payment fees and service fees resulting from such a debit to the Recipient.

10. PAYMENT CANCELLATION REQUESTS

Scheduled payments may be cancelled, rescheduled or modified by following the directions through the Services. There is no charge for canceling, rescheduling or modifying a payment before it is processed. However, once we or the Banks have begun processing a payment, it cannot be cancelled, rescheduled or modified, and you must submit a stop payment request.

11. CHARGEBACKS

In the event that you initiate a chargeback, clawback, or return for a payment that has already been transmitted to the Recipient, you agree to assign to us any claims against your Recipient associated with such chargeback, clawback or return. You further agree that we may contact your Recipient directly to request reimbursement for any payment that has been transmitted to the Recipient and for which you have initiated a chargeback, clawback, or return. In the event that we receive a chargeback, clawback or return, you as Recipient authorize us  to debit your Payment Method on file for the amount of the chargeback plus any associated fees or to withhold funds from future distributions.

12. STOP PAYMENT REQUESTS AND REFUNDS

12.1 Stop Payment Requests :  Our ability to process a stop payment request depends on the payment method. We and the Banks must have a reasonable opportunity to act on any stop payment request after a payment has been processed. You must contact us to stop any payment that has already been processed. Although we will use commercially reasonable efforts to accommodate stop payment requests, neither we nor the Banks will have any liability for failing to do so. Stop payment requests may be subject to additional charges.

12.2 Payment Refunds : In certain situations following a payment submission, you may request a refund by contacting us at [business@denarii.com]. The availability of refunds and processes for their execution are dependent on the disbursement channels by which payments are delivered to Recipients. We are unable to issue partial refunds of payments. More specific information is provided below. We are also unable to initiate refunds in cases where a Recipient has already received your payment. If this is the case, you should contact your Recipient directly to request a refund. In the event that we issue a payment refund, we will generally refund a proportional amount of the Fee to you, less any unrecoverable costs we may incur. If you effect a payment refund via clawback or chargeback mechanisms, we will not refund any portion of the Fee.

12.3 Refunds for Electronic Payments: We may refund electronic payments, including those delivered via Electronic Fund Transfer (“EFT”)  and card network providers, prior to their disbursement.

13. FEES

13.1 Service Fees: You understand and agree that we may charge Fees for access to and use of the Services. Fees will be charged to your payment method, either in a separate transaction from any principal payments or in a single transaction including both amounts, depending on applicable rules. Fees for immediately processed payments are charged in real-time upon submission. Fees for Scheduled payments are locked in at time of submission and will be charged on the payment’s Process Date. If a Scheduled payment is edited prior to its Process Date, the applicable Fee will be recalculated based on the presently defined rules.     

13.2 The Fee shall be on a per transaction basis and is linked to a credit card / debit card for payment. Users are required to subscribe and register for  plan prior to using the Services

13.3     Fee Updates: Fees may vary, depending upon factors including but not limited to the Recipient, the payment method, and other variables both which may or may not be controlled by us. Fees are subject to change at any time without prior notice and are calculated in real time and presented to you during review of your payment, prior to submission or edit.

14. APPLICABLE TAXES AND PENALTIES

14.1 Taxes : You are responsible for all, if any, applicable taxes arising from your use of the Services. You are furthermore responsible for all fees, fines, penalties and other liability incurred by us, yourself, or a third party caused by or arising out of your breach of this Agreement, and/or your use of the Services. You agree to reimburse Denarii or a third party for any and all such liability.

14.2 Collection of Funds Owed : In the event that you are liable for any amounts owed to us or the Banks, including for payments forwarded to Recipients for which you initiate a chargeback or return, you authorize us (on its own behalf and on behalf of the Banks) to collect such amounts from your default payment method or other available payment methods. If you do not have sufficient funds available to fulfill such payment, we (on its own behalf and on behalf of the Banks) may engage in collection efforts and/or other legal actions to recover such amounts from you.

15. ACCEPTABLE USE

15.1 Restricted Activities : You agree not to use the Services for the following purposes: (A) For unsupported transfers, including sending money(B) not in direct exchange for a rendered good or service; (C) not for a business purpose; (D) for alimony, maintenance, childcare, personal, family or to escrow accounts; (E) as a donation to an organization not classified as a registered charity in the COUNTRY; (F) For unsupported goods and services, including gambling and related activity (such as lotteries, sports forecasting or making, fantasy sports leagues, internet gaming, contests, sweepstakes, and games of chance); (G) unsupported debt types (such as credit card balances, uncollateralized loans, vehicle loans, mortgage payments; (H)   payment for debt that has been written off; (I) providing credit or loans; (J) such other reason which is illegal or unlawful in the COUNTRY.

15.2 Remediation :  We may request more information relating to your use of the Services to seek to identify the restricted activities identified above (“Restricted Activities”). You agree to cooperate in any investigation and to provide confirmation of your identity and any information you provide to us, as we may require.

15.3 Action : If we have reason to believe that you have engaged in any Restricted Activities or that you have used our Services inappropriately, we or the Banks (to the extent applicable) reserves the right to, in its sole discretion and at any time, take any or all of the following actions:  (A)  Close, suspend, or limit your access to your Account or the Services; (B) Hold, return, or reclaim funds; (C)  Update inaccurate information you provided to us or third parties; (D) Refuse to provide Services to you or related parties in the future; (E) Contact your bank or notify other Users, Recipients, law enforcement, or impacted third parties of your actions; (F) Take legal action against you. When not otherwise obligated by regulatory or compliance considerations, we will provide you with notice of any such actions.

16. THIRD PARTY SERVICES AND LINKS TO OTHER WEBSITES

The Services may enable you to connect to third-party services or products (“Third Party Services”). If you decide to use Third Party Services, you will be responsible for reviewing and understanding the terms and conditions for these services. We are not responsible or liable for the performance of any Third Party Services. Further, you agree to resolve any disagreement between you and a third party regarding the terms and conditions of any Third Party Services with that third party directly in accordance with the terms and conditions of that relationship, and not us. The Services may contain links to third party websites. The inclusion of a link to a third party website does not imply an approval, endorsement, or recommendation by us. Such third party websites are not governed by this Agreement. You access any such website at your own risk. We expressly disclaim any liability for these websites. When you use a link to go from the Services to a third party website, our Privacy Policy is no longer in effect. Your browsing and interaction on a third party website, including those that have a link in the Services is subject to that website’s own terms, rules and policies.

                                                                                                                             17. OUR LIABILITY

17.1       We are only an intermediary to facilitate the Transaction. We do not and are not involved in the actual [money transfer and remittance]. This remittance and money transfer contract is between you and the merchant.

17.2       Denarii and its agents are indemnified and held harmless from any claims including but not limited to delays, delivery failures, and mistakes, losses resulting from any wrong information in the transaction receipt as well as force majeure events or any other circumstances beyond our control. We have the right to recover any amount paid due to errors or oversight.

17.3     To the maximum extent permitted under law, all representations, warranties, terms, conditions whether expressed or implied including merchantable quality, fitness for purpose, usage, sample, quality whether arising by law or custom are fully disclaimed and excluded. We are not liable for any damages, losses, compensation howsoever arising whether directly or indirectly and whether special, indirect, consequential arising out of your use of the Denarii Pay. Despite this, in case a court of competent jurisdiction finds us liable, our liability (whether under contract, tort, statute, law or otherwise) shall not exceed USD$10.

17.4       Our liability under these Terms is strictly limited upto the maximum amount equal to the amount we receive from the merchant in relation to the transaction that you have questioned or USD$10 whichever is the lower provided that you have claimed all you can first from the merchant.

17.5     This does not include or limit in any way our liability:(A)     for death or personal injury caused by our negligence; or (B)      for fraud or fraudulent misrepresentation; and (C)           w     e are not responsible for indirect losses which happen as a side effect of the main loss or damage, including but not limited to:

     (1)     loss of income or revenue; (2)      loss of business;     (3)     loss of profits or contracts;     (4) loss of anticipated savings;     (5) loss of data; or     (6)  waste of management or office time however arising and whether caused by tort (including negligence), breach of contract or otherwise.

17.6. We are not responsible for third party costs incurred such as bank charges or merchant charges should there be requests for refund or cancellation.

18. INDEMNIFICATION

18.1. You agree to indemnify, defend and hold us harmless and our parent, subsidiaries, affiliates, partners, officers, directors, agents, contractors, licensors, service providers, subcontractors, suppliers, interns and employees (“Affiliates”) from any claim or demand, including any attorneys’ fees and costs, made by any third-party due to, arising out of, or relating to your use of these      Denarii Pay, your breach of these Terms or the documents they incorporate by reference, or your violation of any law or the rights of a third-party.

18.2. You agree to indemnify, defend and hold us and our Affiliates harmless from and against any and all claims, loss, damage, tax, liability and/or expense that may be incurred by us and/or our Affiliates arising out of or in connection with the performance of its duties as described in these Terms including the legal costs, fees and expenses of defending itself against any claim by any or all of the parties to any transaction and/or by any other person and/or as a result of you taking any action or refraining from taking any action or instituting or defending any action or legal proceeding.

19. DATA PROTECTION

19.1. We shall implement and maintain a comprehensive database security program that contains appropriate security measures to safeguard any personal information submitted by you. For these purposes “personal information” shall mean:

19.1.1. An individual’s name (first initial and last name or first name and last name)

19.1.2. Email Address

19.1.3. Address and telephone number

19.1.4. National ID – Emirates ID number

19.1.5. Debit or credit card number

19.1.6. Financial account number

19.1.7. Personal identification/Email ID used or password that would permit access to your Denarii account.

19.1.8. Any combination of the foregoing that would allow a person to log onto or access your account.

19.2. Notwithstanding the foregoing “personal information” shall not include information that is lawfully obtained from publicly available information, or from federal, state or local government records lawfully made available to the general public.

     20. INTELLECTUAL PROPERTY AND RIGHT TO USE

20.1. Unless otherwise stated, the copyright and other intellectual property rights in the content on the Denarii Pay are owned by us only unless mentioned it belongs to our licensors.      You must use the Services within the confines of these Terms.

20.2. No part of the Denarii Pay or Services may be reproduced or stored      anywhere       or included in any public or private electronic retrieval system or application      without our prior written permission.

20.3. You acknowledge and agree that the material and content contained within the      Denarii Pay is made available for your personal non-commercial use only. Any other use of the material and content of the      Denarii Pay is strictly prohibited without our permission and without reference to us.

20.4. You agree not to (and agree not to assist or facilitate any third party to) copy, reproduce, transmit, publish, display, distribute, commercially exploit or create derivative works of such material and content. You will notify us immediately if you come across any third party who do or attempt to do any the above.

20.5. This Agreement does not transfer from Denarii to you any Denarii or third party intellectual property, and all right, title and interest in and to such property will remain (as between the parties) solely with [Denarii] logo, and all other trademarks, service marks, graphics and logos used in connection with [     Denarii Pay], or the      Denarii Pay are trademarks or registered trademarks of Denarii or our licensors. Other trademarks, service marks, graphics and logos used in connection with the      Denarii Pay may be the trademarks of other third parties. Your use of the      Denarii Pay grants you no right or license to reproduce or otherwise use any Denarii or third-party trademarks.

21. GROUP OF COMPANIES

Denarii operates as a group of companies. These companies are owned and managed by one of the key shareholders of Denarii. The related group of companies form a part of the structure and each has a specific role. The related group of companies are set up in specific jurisdictions with specific roles that they have entered into with providers.

21.1. Each of the companies under the Group of Companies mentioned above is a corporation, partnership or limited liability company duly organized, as the case may be:

21.1.1. validly existing and in good standing under the laws of its jurisdiction of incorporation;

21.1.2. works in tandem with each other in order to conduct business as per the jurisdictional requirement with the relevant license

21.1.3. signs agreement with relevant service providers/ authorities to ensure business is being carried out with the right provisions in place as per local requirements.

For more information, please email info@denarii.com.

22. COPYRIGHT INFRINGEMENT

As we ask others to respect our intellectual property rights, it respects the intellectual property rights of others. If you believe that material located on or linked to by [     Denarii Pay] violates your copyright, you are encouraged to notify us and we will respond to all such notices, including as required or appropriate by removing the infringing material or disabling all links to the infringing material. We will terminate a visitor’s access to and use of the      Denarii Pay if, under appropriate circumstances, the visitor is determined to be a repeat infringer of the copyrights or other intellectual property rights of Denarii or others. In the case of such termination, we will have no obligation to provide a refund of any amounts previously paid to us. 

23. EVENTS OUTSIDE OUR CONTROL

23.1. We will not be liable or responsible for any failure to perform, or delay in performance of, any of our obligations under a Contract that is caused by events outside our reasonable control (“Force Majeure Event”).

23.2. A Force Majeure Event includes any act, event, non-happening, omission or accident beyond our reasonable control and includes in particular (without limitation) the following:

23.2.1. strikes, lock-outs or other industrial action;

23.2.2. civil commotion, riot, invasion, terrorist attack or threat of terrorist attack, war (whether declared or not) or threat or preparation for war;

23.2.3. fire, explosion, storm, flood, earthquake, subsidence, epidemic or other natural disaster;

23.2.4. impossibility of the use of railways, shipping, aircraft, motor transport or other means of public or private transport;

23.2.5. impossibility of the use of public or private telecommunications networks; • the acts, decrees, legislation, regulations or restrictions of any government; and

23.2.6. countries or jurisdictions in which we are not permitted by law to do business.

24. PRIVACY

You agree that we may obtain your Personal Information from a variety of sources when you access or use our      Denarii Pay. You further agree to comply with the terms of our privacy policy, which is incorporated by reference into these Terms.

25. THIRD PARTY LINKS

Links to third party websites on Denarii Pay are provided solely for your convenience. If you use these links, you leave Denarii Pay. We have not reviewed any of these third-party websites and do not control and we are not responsible for these websites or their content (including their terms and conditions) or availability. We therefore do not endorse or make any representations about them, or any material found there, or any results that may be obtained from using them. If you decide to access any of the third-party websites linked to the      Denarii Pay, you do so entirely at your own risk.

26. SUGGESTIONS

You agree that any suggestions, ideas, product uses and potential uses, product ideas, feedback or other information about the      Denarii Pays or our Services (“Suggestions”), provided by you to us are non-confidential to you and shall become our sole property. We will own all of the rights, exclusively, including all intellectual property rights, and shall be entitled to the unrestricted use and dissemination of these Suggestions for any purpose, commercial or otherwise, without acknowledgment or compensation to you.

27. OUR RIGHT TO VARY THESE TERMS

We have the right to revise and amend these Terms and the Other Terms from time to time. It is your responsibility to check our Website periodically for changes. Your continued use of or access to our      Denarii Pay and/or initiating a transaction following the posting of any changes to these Terms and the Other Terms constitutes acceptance of those changes.

28. GENERAL

28.1. United Arab Emirates is our country of domicile. These Terms are binding upon each party hereto and its successors and permitted assigns, and shall be governed by and construed in accordance with the Laws of Dubai and Laws of the United Arab Emirates without reference to the conflict of law principles thereof and the parties irrevocably submit to the non-exclusive jurisdiction of the Dubai Courts.     .

28.2. These Terms and all of your rights and obligations under it, are not assignable or transferable by you without our prior written consent. We may assign or transfer our rights and obligations by way of notice to you.

28.3. No failure or delay by a party in exercising any right, power or privilege under these Terms will operate as a waiver thereof, nor will any single or partial exercise of any right, power or privilege preclude any other or further exercise thereof or the exercise of any other right, power, or privilege under these Terms.

28.4. The invalidity or unenforceability of any provision of these Terms will not invalidate any other provision of these Terms, all of which will remain in full force and effect.

28.5. If you reside in or are subject to the laws of a jurisdiction anywhere in the world whose common, statutory, regulatory, or codified law would void these Terms in whole or in any essential part (the essential parts being at least, but not only, the exclusive venue and exclusive remedy provisions, and the warranty disclaimers), or which make accessing the      Denarii Pays illegal, you do so entirely at your own risk.
28.6 Any expiry or termination of this Agreement, the Services, the Denarii Pay and matters related thereto can be by way of notice to the User with immediate effect and without assigning any reason thereto. Any expiry or termination does not require an order of court. All and any monies paid by the Users are not refundable whether to subscribe for any of the Services or otherwise. In the event of an early termination prior to the expiry of the subscribed Services, the User agrees that there is no requirement for a refund of any amount paid.