Terms and Conditions of WEAT Electronic Datenservice GmbH
Welcome to the online platform of WEAT Electronic Datenservice GmbH. These Terms and Conditions ("Terms") govern your access to and use of our payment services, including acquiring, money transfer, and related offerings (collectively, "Services"). By accessing or using our Services, you agree to be bound by these Terms as a legally binding agreement. Please read them carefully before using our online platform.
1. Acceptance of Terms
By accessing, browsing, or using our Services, you acknowledge that you have read, understood, and agree to be bound by these Terms, along with any additional terms, conditions, and policies referenced herein or made available on our online platform. If you do not agree with any part of these Terms, you must not use our Services. These Terms constitute the entire agreement between you and WEAT Electronic Datenservice GmbH regarding the use of our Services.
2. Our Services
- Payment Services: WEAT Electronic Datenservice GmbH is a payment institution authorized by the Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) under Identification Number 10154928, pursuant to the German Payment Services Supervision Act (ZAG). We provide various payment services including, but not limited to, payment acquiring and money transfer services.
- Eligibility: Our Services are intended for business entities and individuals acting in a professional capacity. By using our Services, you represent and warrant that you are at least 18 years old and legally capable of entering into binding contracts.
- Compliance: You agree to comply with all applicable local, national, and international laws, regulations, and industry standards related to your use of our Services, including anti-money laundering (AML) and counter-terrorist financing (CTF) regulations.
3. User Responsibilities
- Accurate Information: You agree to provide accurate, complete, and current information as requested during the registration process or for any service transactions, and to update such information promptly.
- Security: You are responsible for maintaining the confidentiality of any account credentials and for all activities that occur under your account. You agree to notify us immediately of any unauthorized use of your account or any other breach of security.
- Prohibited Activities: You agree not to use our Services for any unlawful or prohibited activities, including fraud, money laundering, funding of terrorism, or any activity that infringes upon the rights of others.
4. Intellectual Property
All content, features, and functionality on our online platform, including but not limited to text, graphics, logos, icons, images, audio clips, digital downloads, and software, are the exclusive property of WEAT Electronic Datenservice GmbH or its licensors and are protected by international copyright, trademark, patent, trade secret, and other intellectual property or proprietary rights laws. You are granted a limited, non-exclusive, non-transferable right to access and use our Services for your internal business purposes only.
5. Data Protection and Privacy
Your privacy is important to us. Our collection and use of personal data in connection with our Services are described in our Privacy Policy, which is incorporated into these Terms by reference. By using our Services, you consent to such collection and use in accordance with our Privacy Policy.
6. Disclaimers and Limitation of Liability
Our Services are provided "as is" and "as available" without any warranties, express or implied, including but not limited to implied warranties of merchantability, fitness for a particular purpose, or non-infringement. WEAT Electronic Datenservice GmbH does not guarantee that our Services will be uninterrupted, error-free, secure, or available at all times. To the fullest extent permitted by law, WEAT Electronic Datenservice GmbH 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, arising from your use of our Services.
7. Indemnification
You agree to indemnify, defend, and hold harmless WEAT Electronic Datenservice GmbH, its affiliates, officers, directors, employees, and agents from and against any and all claims, liabilities, damages, losses, costs, expenses, or fees (including reasonable attorneys' fees) arising out of or relating to your violation of these Terms or your use of our Services.
8. Modifications to Terms
We reserve the right to modify or update these Terms at any time, at our sole discretion. Any changes will be effective immediately upon posting the revised Terms on our online platform. Your continued use of our Services after such modifications constitutes your acceptance of the new Terms. We encourage you to review these Terms periodically.
9. Governing Law and Jurisdiction
These Terms shall be governed by and construed in accordance with the laws of Germany, without regard to its conflict of law principles. Any disputes arising out of or in connection with these Terms or our Services shall be subject to the exclusive jurisdiction of the courts located in Düsseldorf, Germany.
10. Contact Information
If you have any questions or concerns about these Terms or our Services, please contact us:
WEAT Electronic Datenservice GmbH
Düsseldorf, Germany
For business inquiries, please visit our contact form on our online platform.