Effective Date: April 23, 2025
This User Agreement (“Agreement”) constitutes a legally binding contract between you (“You” ) and Veritec Financial Systems Inc., a subsidiary of Veritec Inc. (“Veritec,”), governing your access to and use of the blinxPay mobile wallet application and related services (collectively, the “Services”).
By creating a blinxPay account or utilizing any portion of the Services, you acknowledge that You have read, understood, and agree to be bound by this Agreement, our Privacy Policy, E-Sign Consent, and any other applicable policies and notices.
1. Eligibility and Account Registration
To use the Services, You must be at least 18 years old or the age of majority in your jurisdiction. If you are under 18, You may only use the Services with the involvement of a parent or legal guardian who agrees to be bound by this Agreement.
You agree to provide accurate, current, and complete information during the registration process and to update such information to keep it accurate, current, and complete. You authorize us to verify your identity and information through third-party services, including credit bureaus and anti-fraud databases.
2. Services Overview
The Services allow You to store, send, and receive funds within a closed-loop system involving other users and approved merchants. You may use the Services to make purchases, transfer funds, or pay bills at participating partners.
Funds can be added to your blinxPay account via linked bank accounts, debit or credit cards, or other supported funding methods. Deposits are final and may only be withdrawn or refunded in accordance with our policies. You confirm that all sources of funds are legally obtained and authorized by You.
You can send money to other blinxPay users or make purchases at enrolled businesses. All transactions are processed in real-time and are typically non-reversible. Veritec is not liable for disputes between users or between a user and a merchant.
3. Fees and Limits
Veritec may apply transaction fees, loading fees, and transfer limits. These will be clearly disclosed in the application or at the time of the transaction. Veritec reserves the right to change fees and limits with prior notice, subject to applicable laws.
4. Unauthorized Transactions and Chargebacks
You must notify us within 30 days of any suspicious or unauthorized transaction. Veritec will investigate your claim and provide a resolution, which may include a reversal or refund if fraud or error is confirmed.
By using the Services, you waive the right to file chargebacks through your card issuer for transactions you authorized. Filing false or unauthorized chargebacks may result in account suspension or closure, reporting to credit bureaus, and legal action or debt collection.
5. Acceptable Use
You agree not to use the Services to violate any law, regulation, or third-party rights; facilitate fraudulent or deceptive activities; conduct business involving prohibited goods or services (e.g., illegal substances, gambling, weapons); or impersonate others or misrepresent your identity. Violation of this section may result in immediate termination of your account and possible legal consequences.
6. Account Suspension and Termination
Veritec reserves the right to suspend or terminate your account at any time, with or without notice, for violations of this Agreement or suspicious activity. You may close your account at any time by contacting blinxPay Support, provided all balances and obligations are settled.
7. Limitation of Liability
Veritec is not responsible for losses caused by unauthorized access due to your negligence (e.g., sharing passwords), merchant disputes, or delays due to banking partners or third-party service outages. Our total liability is limited to the amount of the transaction in dispute, up to a maximum of $500 USD.
8. Arbitration and Governing Law
Any disputes arising from this Agreement will be resolved through binding arbitration under the rules of the American Arbitration Association. This Agreement is governed by the laws of the State of Minnesota, excluding its conflict of law provisions.
9. Amendments
Veritec may update this Agreement from time to time. Continued use of the Services following any changes constitutes your acceptance of the revised terms. Veritec will notify You of significant changes through the application or via email.
10. Contact Information
If You have any questions about this Agreement or need assistance, please contact us at:
blinxPay Support
support@blinxPay.com