Terms of Service

1. Acceptance of Terms

By accessing or using the YardPay Pro platform and related services (the "Service") provided by YardPay Pro ("we", "us", or "our"), you agree to be bound by these Terms of Service ("Terms"). If you do not agree to these Terms, you may not use the Service.

These Terms constitute a legally binding agreement between you ("you", "your", or "Merchant") and YardPay Pro. If you are using the Service on behalf of a business or entity, you represent that you have the authority to bind that entity to these Terms.

2. Description of Service

YardPay Pro is a payment processing and financial management platform that provides:

• Payment processing for Visa, Mastercard, and JAM-DEX (CBDC) transactions
• Invoice generation and management
• Subscription and recurring billing management
• Financial reporting and analytics
• Wallet and account management
• API access for custom integrations

We reserve the right to modify, suspend, or discontinue any part of the Service at any time with reasonable notice.

3. Account Registration

To use the Service, you must create an account and provide accurate, complete, and current information. You are responsible for:

• Maintaining the confidentiality of your account credentials
• All activities that occur under your account
• Notifying us immediately of any unauthorised use of your account
• Ensuring all information provided during registration and verification is accurate and up to date

We reserve the right to suspend or terminate accounts that provide false or misleading information, or that fail to complete required verification procedures.

4. Payment Processing

4.1 Transaction Processing

We process payment transactions on your behalf in accordance with applicable payment network rules (Visa, Mastercard) and Central Bank of Jamaica regulations for JAM-DEX transactions. You authorise us to receive, hold, and disburse funds in connection with your use of the Service.

4.2 Settlements

Funds from processed transactions will be settled to your designated bank account according to the settlement schedule applicable to your account. Settlement timelines may vary based on your account type, transaction volume, and risk assessment.

4.3 Chargebacks and Disputes

You are responsible for managing and responding to chargebacks and payment disputes. We will notify you of disputes and provide tools to submit evidence. You are liable for chargeback amounts, associated fees, and any losses resulting from disputes.

4.4 Reserves

We may place reserves on your account to cover potential chargebacks, refunds, or other liabilities. We will notify you if a reserve is applied and the conditions for its release.

5. Fees and Billing

You agree to pay all fees associated with your use of the Service as set out in our published price list. Fees are subject to change with at least thirty (30) days' written notice.

• The service fee is billed after each monthly billing period, for the successful payments in that period, and charged to your payment method on file
• Fees on payments we collect on your behalf are deducted from the amounts we settle to you
• Payout fees, if any are published, are deducted from the payout they apply to
• All fees are non-refundable unless otherwise stated
• Overdue payments may result in service suspension and late fees

6. Acceptable Use

You agree not to use the Service for:

• Any illegal activities or transactions prohibited by applicable law
• Money laundering, terrorist financing, or other financial crimes
• Processing transactions for prohibited business types as defined in our Acceptable Use Policy
• Fraudulent, deceptive, or misleading activities
• Activities that violate payment network rules or regulations
• Circumventing security measures, rate limits, or access controls
• Distributing malware, viruses, or other harmful code

Violation of these restrictions may result in immediate account suspension or termination.

7. Intellectual Property

The Service, including all software, designs, text, graphics, logos, and other content, is owned by YardPay Pro and protected by applicable intellectual property laws. You are granted a limited, non-exclusive, non-transferable licence to use the Service in accordance with these Terms.

You retain ownership of your data, content, and materials uploaded to the Service. By using the Service, you grant us a licence to use your data as necessary to provide and improve the Service.

8. API and Integration Terms

If you access the Service through our API, you agree to:

• Use API keys securely and not share them with unauthorised parties
• Comply with rate limits and usage restrictions
• Keep your integration up to date with the latest API version within a reasonable timeframe
• Not reverse-engineer, decompile, or attempt to extract source code from the Service

9. Data Protection

Both parties agree to comply with applicable data protection laws in relation to any personal data processed through the Service. Our collection and use of personal information is described in our Privacy Policy.

You are responsible for ensuring that you have obtained all necessary consents from your customers for the collection and processing of their personal data through the Service.

10. Limitation of Liability

To the maximum extent permitted by applicable law:

• The Service is provided "as is" and "as available" without warranties of any kind
• We do not warrant that the Service will be uninterrupted, error-free, or secure
• YardPay Pro shall not be liable for any indirect, incidental, special, consequential, or punitive damages
• Our total aggregate liability shall not exceed the total fees paid by you in the twelve (12) months preceding the claim

11. Indemnification

You agree to indemnify, defend, and hold harmless YardPay Pro, its officers, directors, employees, and agents from any claims, damages, losses, liabilities, and expenses arising out of or related to your use of the Service, violation of these Terms, or infringement of any third-party rights.

12. Termination

Either party may terminate this agreement at any time with written notice. We may suspend or terminate your account immediately if you breach these Terms or if required by law or payment network rules.

Upon termination, we will settle any remaining funds to your designated bank account, less any applicable fees, reserves, or amounts owed. Sections related to liability, indemnification, and intellectual property shall survive termination.

13. Governing Law and Disputes

These Terms shall be governed by and construed in accordance with the laws of Jamaica. Any disputes arising from or relating to these Terms or the Service shall be resolved through binding arbitration, except where injunctive or equitable relief is sought.

14. Changes to These Terms

We may update these Terms from time to time. We will notify you of material changes at least thirty (30) days in advance via email or through the Service. Continued use of the Service after changes take effect constitutes acceptance of the updated Terms.

15. Contact

For questions about these Terms, please contact us at: