Last Updated: 12th December 2024

1. Acceptance of Terms

1.1. These Terms and Conditions (“Terms”) constitute a legally binding agreement between you (“Customer,” “you,” or “your”) and Spendit Group Ltd (“Company,” “we,” “us,” or “our”), governing your access to and use of the services, websites, applications, communication channels (including but not limited to Telegram), and any related products, content, or functionality (collectively, the “Services”), including the purchase and use of gift cards, vouchers, and other prepaid stored-value products (“Products”).

1.2. By accessing, browsing, interacting with, or otherwise using the Services, or by placing any order for Products, you acknowledge that you have read, understood, and agree to be bound by these Terms, as well as our Privacy Policy, and any other policies referenced herein. If you do not agree with these Terms, you must discontinue using the Services immediately.

1.3. We reserve the right, at our sole discretion, to modify, amend, or update these Terms at any time. Such modifications shall become effective upon posting. Your continued use of the Services following the posting of changes constitutes your acceptance of the updated Terms.

2. Eligibility and Scope of Services

2.1. You represent and warrant that you are at least sixteen (16) years of age or the age of majority in your jurisdiction, whichever is older, and have full legal capacity to enter into this agreement. If you are under the age of majority or lack the legal capacity to enter into binding contracts, you must immediately cease using the Services unless expressly supervised and permitted by a parent or legal guardian.

2.2. Our Services involve the resale of third-party Products, including but not limited to gift cards and prepaid vouchers. We are not the original issuer of these Products, and we do not control, operate, or endorse the terms, conditions, or practices of any Product issuer or the issuer’s underlying platform or services.

2.3. Certain Products may be subject to geographical, usage, or other limitations imposed by the issuing party. It is your responsibility to review and comply with all applicable issuer terms and conditions before purchasing or attempting to redeem a Product. We do not guarantee that a Product purchased in one country or region will be valid or redeemable elsewhere, therefore we strongly advise Customers to read the terms and conditions of each particular Product.

2.4 Purchase of Crypto Assets: Currently, we do not enable the direct purchase of third party issued Crypto Assets.

3. Registration and Customer Information

3.1. While you may not be required to establish a formal account for certain basic interactions, we may request that you provide a valid email address, or other identifying information to facilitate purchase confirmations, communications, dispute resolutions, and customer support services.

3.2. We reserve the right, at any time and in our sole discretion, to request additional information to verify your identity or to comply with applicable laws and regulations, including but not limited to anti-money laundering (AML) and counter-terrorism financing (CTF) obligations. Failure to provide requested information may result in limitations on the Services available to you, the cancellation of transactions, or the suspension or termination of our business relationship with you.

4. Payment, Pricing, and Crypto Transactions

4.1. You agree to pay the price indicated at the time of purchase, which may be quoted in cryptocurrency or other acceptable forms of payment, as determined by us and displayed at checkout. We reserve the right to change accepted cryptocurrencies or payment methods at any time.

4.2. You acknowledge and agree that due to the volatile nature of cryptocurrencies and other factors, prices for Products may fluctuate. The final purchase price is determined at the time of your transaction. Once your payment is confirmed, that price is final and non-negotiable.

4.3. You are solely responsible for ensuring that you send the correct type and amount of cryptocurrency to the wallet address provided, using the correct network or protocol. Sending unsupported cryptocurrencies, incorrect amounts, or using incorrect network parameters may result in the permanent loss of funds, for which we assume no liability.

4.4. In the event of overpayment, underpayment, network delays, or other technical issues, your delivery of the Product may be delayed. In some cases, we may offer refunds or adjustments at our sole discretion, subject to network fees and administrative costs. We do not guarantee refunds under any circumstances.

5. Delivery of Products and Risk of Loss