Terms of Use

Simplex Service Terms of Use

Simplex welcomes you to  simplex.com (such account and supporting services of Nuvei, UAB (Lithuania) (“Simplex”) described below, collectively, the “Simplex Service”). 

The Simplex Service facilitates User access to Integrated Partner Services provided by Integrated Partners (defined below in the Glossary), as independent service providers. Under these Terms of Use Simplex is not involved to the provision of such Integrated Partner Services nor is liable for the quality, or availability of such services. Integrated Partner Services are subject to separate terms and conditions established by the respective Integrated Partners. Notably, in certain cases, Simplex may act as an Integrated Partner, and, in such instances, the relevant Simplex services (other than the Simplex Service) and any associated liability will be governed by separate terms and conditions applicable to those services, and will not be subject to these Terms of Use. Users must evaluate the suitability of Integrated Partner Services before starting using them.

For the sake of clarity, once the Integrated Partner is a Crypto Asset Service Provider, its separate terms and conditions (i.e. Integrated Partner Terms) become relevant and applicable when you enter the Transaction Data in the designated section of the Website for placing the Transaction.

1. Acceptance of Terms

User, a natural person or legal entity, understands and agrees that use of the Simplex Service is governed by the Terms of Use herein and Simplex Privacy Policy, posted at www.simplex.com/privacy-policy, and incorporated herein by reference (collectively, the “Terms” or “Agreement”), and by using the Simplex Website, User agrees to be bound by these Terms of Use. Accordingly, by entering, accessing or using the Simplex Service you acknowledge that you have read, understood and agree with these Terms and you agree to be bound by them and to comply with all applicable laws and regulations regarding your use of the Simplex Service.  These Terms are a binding and enforceable legal contract between you and Simplex, so please read them carefully.  Simplex reserves the right to fulfil its obligations to you under these Terms itself or through one of its Affiliates.

IF YOU DO NOT AGREE TO THESE TERMS, PLEASE DO NOT ACCESS OR USE THE SIMPLEX SERVICE.

The use of the Simplex Service and creation of a User Account, is not allowed for individuals who are under the age of eighteen (18) years or who are not of the age of majority in the place where they are located or domiciled.

The capitalized terms indicated in these Terms have the meaning set forth in the Glossary below.

2. Glossary

The following terms as used in these Terms shall have the definitions indicated:

Account means a unique account that Simplex creates within its system that serves as a record of your use of the Simplex Service and enables you to access Integrated Partner Services. Account does not mean electronic money, Crypto or payment account since Simplex does not open any electronic money, payment account or custodian wallet for you as part of Simplex Service.

When you sign up for an Account, Simplex will use the information you provide to determine whether you are eligible for an Account as well as other purposes described in these Terms. Simplex may decline to grant you an Account (or, alternatively, suspend any existing Account without liability to you) for any reason or for no reason.  Once Simplex decides that you are eligible for an Account, it may create your Account when you have completed all or some of the following steps, as determined by Simplex: (i) provide your email address; (ii) confirm your email address through an exchange of emails or by other means Simplex may require; (iii) provide your mobile phone number; (iv) verify your mobile phone by SMS exchange; (v) accept these Terms; (vi) provide know-your-customer (KYC) information, and (vii) provide such other information as we may request. Once we create your Account, it might be accessible to you through the Simplex Service. Your Account is different from Your Wallet. You agree not to let anyone else use your Account or the Simplex Services in your name. You agree that you are solely responsible for any activities that take place via your Account or use of the Simplex Services using your identification, even if you were not aware of them.

Affiliate means, in relation to a person or entity, another person or entity that directly or indirectly owns or controls, is owned or controlled by, or is under common ownership or common control with the person or entity, or a person’s or entity’s principal partners, shareholders, or owners of some other ownership interest.

Crypto or Crypto-Asset means a digital representation of a value or of a right that is able to be transferred and stored electronically using distributed ledger technology or similar technology, such as Bitcoin: (i) that is indicated in the Integrated Partner Service as compatible with the Simplex Service; (ii) in which both you and an Integrated Partner wish to carry out a Transaction; and (iii) that is not illegal to own, purchase or sell in Your Jurisdiction.

Crypto Asset Service Provider means an Integrated Partner which is in the business of the provision of one or more Crypto-Asset services (e.g. exchange of Crypto for Fiat, Fiat for Crypto or Crypto for Crypto) to clients on a professional basis, and that is allowed to provide Crypto-Asset services in accordance applicable legal acts.

Data means information concerning you, an Integrated Partner, Simplex and relevant to you (e.g. your identification information) as described in Section 5. In any means Data does not include information on Transaction.

Fiat means real money issued by a sovereign nation, such as, for example, United States Dollars (USD) or Euros (EUR).

Integrated Partner means a third party or Simplex, when Simplex is acting as an Integrated Partner by providing other services than the Simplex Service: (i) with whom you have entered into an agreement (being the Integrated Partner Terms); (ii) to which Simplex is capable of sending Data pursuant to an Integrated Partner Simplex Agreement; and (iii) with which you hereby instruct Simplex to share the Data, where relevant. Notably, when Your Jurisdiction is within the European Economic Area (EEA) or other supported jurisdictions, Transactions initiated through the Website are typically serviced by Nuvei Liquidity acting as an Integrated Partner in accordance with the relevant Integrated Partner Terms available here. If you are from the supported jurisdiction but the selected Crypto is not supported by Nuvei Liquidity or if your jurisdiction is outside of Nuvei Liquidity supported jurisdictions list, your Transaction will be serviced by another Integrated Partner operating as a Crypto Asset Service Provider (relevant terms can be accessed here & here).

Integrated Partner Services means products or services offered to you under Integrated Partner Terms.  For example, an Integrated Partner Service might be a Crypto wallet.

Integrated Partner Simplex Agreement means an agreement between Simplex and an Integrated Partner pursuant to which the Integrated Partner agrees to communicate Data from you via Simplex.

Integrated Partner Terms means legal terms of use between you an Integrated Partner concerning the Integrated Partner Services.

Intellectual Property Rights means  all  intellectual  property  rights  and   all  tangible embodiments of such rights, wherever located, including but not limited to the following: (i) all trademarks, service marks or other designations of origin, including all registrations and related applications and all goodwill associated with any of the foregoing; (ii) all copyrights, moral rights, and other rights in works of authorship, including all registrations and related applications; (iii) all inventions and ideas, whether patentable or not, and all patent rights, patents and patent applications; (iv) all know-how, trade secrets, confidential information, and other proprietary rights and information; and (v) all other rights covering intangible property recognized in any jurisdiction.

Simplex Privacy Policy means the privacy policy of Simplex applicable to the Simplex Service posted at www.simplex.com/privacy-policy.

Transaction means an actual or attempted operation with a Crypto-Asset Service Provider (e.g. purchase or sale by you of Crypto from or to a Crypto-Asset Service Provider) for access to which you wish to use the Simplex Service.

User means a natural person or legal person who decides to use Simplex Service under these Terms.

Your Jurisdiction means the place where you are located or domiciled or both.

Your Wallet means a hosted or unhosted Crypto wallet that is owned and operated exclusively by you and that is compatible with the Crypto that is the subject of a Transaction.

Prohibited Use means any act or omission, to the extent relevant to the Simplex Service or Integrated Partner Services, that is illegal in the place where you are located or normally domiciled or where Simplex or the relevant Integrated Partner is located or for any of the following:

  • Betting, including lottery tickets, casino gaming chips, off-track betting, memberships on gambling-related internet sites and wagers at races;
  • Credit counseling or repair agencies;
  • Credit protection or identity theft protection services;
  • Direct marketing or subscription offers;
  • Inbound or outbound telemarketing businesses including lead generation businesses;
  • Internet, mail or telephone order pharmacies or pharmacy referral services;
  • Items that encourage, promote, facilitate or instruct others to engage in illegal activity;
  • Items that may be counterfeit including, but not limited to: designer handbags, clothing and accessories, and consumer electronics;
  • Items that may infringe or violate any copyright, trademark, right of publicity or privacy or any other proprietary right under the laws of any jurisdiction;
  • Items that promote hate, violence, racial intolerance, or the financial exploitation of a crime;
  • Items that promote, support or glorify acts of violence or harm towards self or others;
  • Live animals;
  • Medical equipment;
  • Multi-level marketing businesses (MLM);
  • Payment aggregators;
  • Prepaid phone cards or phone services;
  • Purchase, sale or promotion of drugs, alcohol, or drug paraphernalia, or items that may represent these uses;
  • Rebate based businesses;
  • Sales of money-orders or foreign currency;
  • Up-sell merchants;
  • Using a service as a means to transfer funds between bank accounts held in the same name;
  • Using a service for any illegal purpose, or in violation of any local, state, national, or international law, including, without limitation, laws governing intellectual property, taxation and other proprietary rights and data collection and privacy;
  • Using a service in a manner that Simplex or any Integrated Partner reasonably believes to be an abuse of their respective service;
  • Using a service in any manner that could damage, disable, overburden, or impair Simplex including without limitation, using the services in an automated manner;
  • Using a service in violation of the terms of these Terms, as reasonably determined by Simplex;
  • Using a service to collect payments that support pyramid or ponzi schemes, matrix programs, other “business opportunity” schemes or certain multi-level marketing programs;
  • Using a service to control an account that is linked to another account that has engaged in any of the foregoing activities;
  • Using a service to defame, harass, abuse, threaten or defraud others, or collect, or attempt to collect, personal information about Users, registered recipients, or third parties without their consent;
  • Using a service Service to intentionally interfere with another User’s enjoyment of it, by any means, including uploading or otherwise disseminating viruses, adware, spyware, worms or other malicious code;
  • Using a service to make unsolicited offers, advertisements, proposals, or to send junk mail or spam to others;
  • Using a service to send or receive what Simplex considers to be funds for something that may have resulted from fraud or other illegal behavior;
  • Using a service while impersonating any person or entity or falsely claiming an affiliation with any person or entity;
  • Or weapons including replicas and collectible items;
  • Weight loss programs;
  • Wire transfer money orders;
  • Using a service on or with respect to any good or service, which in itself or which contains any information or content that may be considered as abusive, harassing, threatening, inciting hatred, encouraging or facilitating anti-social behavior, promoting the tobacco industry or the armaments industry, obscene, defamatory, libelous, or racially, sexually, religiously, or otherwise objectionable, offensive and/or violating in any way the legal rights of others or where presence of the content or any reference to Simplex and/or the Simplex Service, and/or Integrated Partner and/or Integrated Partner Service might be perceived as damaging to Simplex’s or Integrated Partner’s reputation and goodwill or actually bring Simplex or Integrated Partner into disrepute;
  • Using a service to transmit, distribute, display or otherwise make available through or in connection with the service any content, which may infringe third party rights, including Intellectual Property rights and privacy rights, or which may contain any unlawful content;
  • Using a service to impersonate any person or entity or provide false information on the service, whether directly or indirectly;
  • Using a service to falsely state or otherwise misrepresent your affiliation with any person or entity, or express or imply that Simplex or any third party endorses you, your business, or any statement you make, or present false or inaccurate information about and/or through the service;
  • Using a service to for or in connection with any form of spam, unsolicited mail or similar conduct; or
  • Bypass any measures which may be used to prevent or restrict access to a service or certain functionalities therein or those of third parties.

Website means Simplex website www.simplex.com or such other sites or portals through which the Simplex Service is provided to you.

3. Simplex Service

The Simplex Service consists of Simplex performing the following for you: (i) enabling a creation of the Account and its maintenance; (ii) Website support services; (iii) facilitation of access to Integrated Partner Services (without participating in their provision), (iv) collecting and storing Data (e.g. your identification data); and (v) communicating Data between you and Integrated Partners when you choose to use Integrated Partner Services. 

Under these Terms and as part of Simplex Service, Simplex does not take possession or control of your Crypto. Simplex does not provide you with any Crypto service, payment service, electronic money related service, or any other regulated financial service. As part of Simplex Service, Simplex is not a party to any of your Transactions and as a part of Simplex Service does not come into possession of any Data related to the Transaction.

4. Limitations on Service Availability

  • Prohibited Users

The Service is not available for any Prohibited User whatsoever.  The following persons or entities are prohibited from using the Service (each, a “Prohibited User”): (i) persons or entities who appear on (A) UNITED NATIONS SANCTIONS (UN); (B) AUSTRALIAN SANCTIONS; (C) BUREAU OF INDUSTRY AND SECURITY (US); (D) EU FINANCIAL SANCTIONS; (E) OFFICE OF THE SUPERINTENDENT OF FINANCIAL INSTITUTIONS (CANADA); (F) US DEPARTMENT OF THE TREASURY OFFICE OF FOREIGN ASSET CONTROL (OFAC) – SPECIALLY DESIGNATED NATIONALS (SDN); (G) UK FINANCIAL SANCTIONS (HMT); (H) US CONSOLIDATED SANCTIONS; (I) DEPARTMENT OF STATE, AECA DEBARRED LIST (US); (J) DEPARTMENT OF STATE, NONPROLIFERATION SANCTIONS (US); (K) SANCTIONS APPLIED BY LITHUANIAN GOVERNMENT (ii) persons or entities or who are nationals or residents of the countries established in this list: LINK; (iii) persons or entities who are less than 18 years of age or not of the age of majority in both Your Jurisdiction and Lithuania; (iv) persons or entities located in or domiciled in a jurisdiction where use of the Simplex Service or Integrated Partner Services is illegal or requires a license or registration that such person or entity does not hold; and (v) persons, or their Affiliates who have been subject to termination by Simplex.

We reserve the right to require you at any stage to provide proof of age so that Simplex can verify that you are not a Prohibited User.  Prohibited Users shall be blocked from using the Simplex Service.

  • Prohibited Uses

The Simplex Service is not permitted for any Prohibited Use whatsoever.  You shall not use the Simplex Service for any Prohibited Use (as defined in the glossary above).

  • Prohibited Crypto

You shall use the Simplex Service only in furtherance of Transactions involving only Crypto that has been indicated as compatible by the Integrated Partner, such as they may be from time to time. All other crypto-assets or tokens that are not indicated as compatible with the Simplex Service are considered as prohibited Crypto meaning that the Simplex Service cannot be used for any Transactions involving them (“Prohibited Crypto”).

You are prohibited from using the Simplex Service to transact in Prohibited Crypto even if such Crypto is available from an Integrated Partner. 

The fact of the Simplex Service being compatible with one or another Crypto shall not be construed as a representation as to the actual or future value of the Crypto or a legal or other opinion as to the status of the Crypto as a security.  Nothing in the Simplex Service shall be construed as an endorsement of any Crypto.

  • Service Modifications, Suspension or Termination

Simplex reserves the right to modify the Simplex Service, suspend or terminate it without prior notice to or consent from you. Simplex shall not be liable to you or to any third party for any modification, suspension, error, malfunction or discontinuance of the Simplex Service.

5. Transactions

The Simplex Service allow you to access Integrated Partner Services and initiate Transactions with Integrated Partner.  The Simplex Service allow you to instruct us to share your Data (e.g. identification data) with Integrated Partners.  Integrated Partner Services are provided under separate Integrated Partner Terms to which Simplex is not a party.  If you wish to use the Simplex Service to deliver Data concerning you to an Integrated Partner, then you have to complete the Data fields provided to you through the Simplex Service, and Simplex will use commercially reasonable efforts to send or receive the Data in question to the Integrated Partner in question, as the case may be. 

Where the Integrated Partner Services are used for Transactions, Integrated Partner Terms become relevant and applicable when you enter the Transaction Data in the designated section of the Website for placing the Transaction. Accordingly, when using Integrated Partner Services for Transactions, Integrated Partner may display you with the price in Fiat or amount of Crypto at which the Transaction may be carried out by the Integrated Partner under the Integrated Partner Terms. Such information at all times is not provided as a part of the Simplex Service.

As detailed in the Simplex Privacy Policy, Data that we may obtain or send to an Integrated Partner may include but is not necessarily limited to: your name, date of birth, address, identification document, utility bill, other know-your-customer and customer identification information, payment currency selection, payment card information, bank or other payment account information, Crypto type, Your Wallet address, Your Return Wallet address, other Integrated Partner Data, IP address and other information detailed in the Simplex Privacy Policy. 

  • Simplex Party to These Terms

Simplex is a Lithuanian entity operating from Lithuania.

  • Simplex Service is Not a Part of Transactions

Simplex is not a party to the Integrated Partner Terms and has no liability to you or any third party under any of them, unless it acts as an Integrated Partner.  As part of the Simplex Service, Simplex does not itself provide any Crypto-related services or take possession or control of Transaction Crypto or Fiat.

If an Integrated Partner is a Crypto Asset Service Provider, that Integrated Partner is a client for payment processing of Simplex Affiliate, then Simplex Affiliate might, pursuant to a separate agreement with such an Integrated Partner take possession of Fiat for such an Integrated Partner as a payment processor, but at no time do you rely on the solvency of Simplex Affiliate acting as a payment processor to complete any Transaction. 

 All Transactions, if any, take place between you and an Integrated Partner (or Simplex as an Integrated Partner, where relevant) under Integrated Partner Terms; Simplex is only a party to them if Simplex is acting as an Integrated Partner under Simplex Integrated Partner Terms (i.e. not under these Terms).  If you have used Simplex Service to provide payment Data (e.g. a payment card or bank account information) so that the Integrated Partner can take a payment from you or make a payment to you and such payment succeeds or fails, you do not receive the corresponding Crypto or Fiat that you have agreed to purchase or accept under the Transaction, Simplex shall have no liability to you for such outcomes under these Terms and you shall look to only the Crypto-Asset Service Provider for recovery (which may be Simplex if it was acting in the capacity of the Integrated Partner).  If you are entitled to a refund from an Integrated Partner for a given Transaction or otherwise, you shall look only to that third party for such refund and not to Simplex (unless Simplex was acting as an Integrated Partner).  If your payment method for Crypto does not work or is declined by an Integrated Partner, Simplex is not liable for such failures and shall have no duty to extend credit to you or cause any third party to complete any Transaction.  Simplex Service does not endorse any third party product or service even if such third party is an Integrated Partner.  Integrated Partners may decline to make or receive payment by any method as established under the relevant Integrated Partner Terms.

  • Payment Account Information Storage and Transfer

The Simplex Service includes a feature where Simplex may offer you to store your payment card, bank account or other payment account information using a secure third party service retained by Simplex for that purpose.  When providing such features of the Simplex Service, Simplex shall collect, process, store, transmit and delete such payment account information as per these Terms, your instructions provided in the Account and the Simplex Privacy Policy, posted at www.simplex.com/privacy-policy. On your instructions, Simplex shall send your payment account information to Integrated Partners. To the maximum extent permitted by applicable law Simplex is not responsible for any errors in your payment account information nor any use thereof by any Integrated Partner or any other third party.

  • Anti-Money Laundering requirements

Crypto-Asset Service Providers and other Integrated Partners are mostly government-licensed, registered and regulated entities that have a legal obligation to review Transactions to prevent the financing of terrorism, money laundering, crime, fraud and other illegal or risky activity. 

  • Fees

Simplex does not charge you fees for its Simplex Service of enabling your access to Integrated Partner Services, including storing and communicating your Data (e.g. identification data) to Integrated Partners.  Simplex does not provide you with any financial services. Any fees charged by Simplex, if any, will be disclosed to you prior to being charged and are in consideration for additional related services necessary for completing the Transaction in a compliant manner. The amount of fees charged by Simplex may differ depending on the referring site/application. Fees charged by Simplex are not refundable. Crypto-Asset Service Providers and other Integrated Partners charge fees under their respective Integrated Partner Terms; please read them carefully before carrying out any Transaction. Amounts that you pay to a Crypto-Asset Service Provider or other Integrated Partner may be subject to foreign exchange conversion costs for which Simplex is not liable. Your payment card issuer or other payment provider may charge fees for your use of the relevant payment instrument when processing a Transaction with a Crypto-Asset Service Providers; Simplex is not liable for any such fees or other banking fees you may incur.

  • Cancellation Policy

The Transaction cancellation policy is governed by respective Integrated Partner Terms, and to cancel a pending payment or request for cancellation of a Transaction, where permitted, and get a refund, you shall send a request to the contact information of the appropriate Integrated Partner.  As an additional measure, you can also contact and Simplex will use commercially reasonable efforts to share your request with the Integrated Partner in question [email protected].

6. CRYPTO RISK

You acknowledge and accept that there are inherent risks associated with Crypto and that such risks extend to Transactions.  These risks include but are not limited to the failure of hardware, software or internet connections, the risk of malicious software introduction and the risk of unauthorized access to Your Wallet.  It is your responsibility to familiarize yourself with the risks involved with Crypto, their protocols and networks.  Some Crypto may be deemed by one or another regulator to be securities. Use of the Simplex Service does not remove these risks.  Simplex is not responsible for any communication failures, disruptions, errors, distortions or delays when using the Simplex Services, however they may be caused.  Transactions are contingent on the relevant Crypto network remaining operational which may be a function of Crypto miners, none of which are controlled by Simplex and for which Simplex has not liability.  You acknowledge and agree that the value of Crypto can change rapidly and without warning, increase or decrease unexpectedly and may even fall to zero.  Transactions will take time to be confirmed and may in some cases not be completed.  If you attempt to send or receive Crypto that are not supported by Your Wallet or Integrated Partner they may be lost entirely and not be recoverable.  In no event will Simplex be liable to you or to any third party for any of the foregoing.  If the Services post a dollar value in association with a given Crypto, such posting does not constitute a representation or guarantee as to the actual or projected value of such assets.  Instead, it is third party Integrated Partner information published to Simplex Service for your general information only, and you should not rely on it for any financial decision.  It is your responsibility to independently ascertain the value of your Crypto, without relying on the Simplex Service or Integrated Partner Service.  You understand and accept that there are also inherent risks associated with using any Crypto.  Crypto is not Fiat and it is not insured by the FDIC or any other insurer or government.  Most Crypto Transactions are irreversible and if you lose the private keys to Your Wallet, all your Crypto may be taken and may not be retrievable.  These risks include but are not limited to unanticipated changes to the network protocol and unknown vulnerabilities which may include or result in underlying technology attacks.  Other possible changes that could render Your Wallet inaccessible may include forks or rollbacks of Crypto, networks, or blockchains.  Simplex has no control over any Crypto and will not be responsible for any loss you suffer when you transact via any Crypto.

Simplex has no duty to monitor the Simplex Service for fraud or other suspicious activity.  However, if Simplex determines that any instance of the Simplex Service exposes you, Simplex or any third party to any legal, financial, security or reputational risk, Simplex reserves the right to suspend the Simplex Service in respect of your Transactions with Integrated Partner, persons or entities involved and Simplex shall have no liability you or any third party for such action.

7. Your Representations and Warranties

You represent and warrant to Simplex that:

  • You shall not use the Simplex Service for any Prohibited Use or in support of any Prohibited User or for any Prohibited Crypto transaction;
  • You shall not use the Simplex Service for transactions that are not with Integrated Partners;
  • The execution of the Terms does not and will not violate any other agreement to which you are bound or any law, rule, regulation, order or judgment to which you are subject;
  • You will not infringe or violate any of the Terms or the Privacy Policy;
  • You possess the legal authority to enter into these Terms and to form a binding agreement under any applicable law, to use the Simplex Service in accordance with these Terms, and to fully perform your obligations hereunder;
  • If you use the Simplex Service on behalf of a business, corporate or charitable entity, you represent, warrant and agree: (i) that you are duly authorized under any applicable law to represent such entity in connection with these Terms and to commit it to be bound by these Terms; (ii) hereby make all representations and warranties herein on both your and its behalf; and (iii) personally guarantee performance by such entity hereunder;
  • You possess the knowledge and judgment necessary to decide whether to use the Service or otherwise engage with other use of the Simplex Service;
  • Your Wallet is owned and controlled exclusively by you;
  • You are solely responsible for complying with applicable laws regarding use of the Simplex Service and Integrated Partners including, without limitation, the determination of whether a Transaction complies with laws applicable to you;
  • You shall not rely on Simplex and fully understand that Simplex does not provide any endorsement, support, financial advice, representation or guarantee regarding the accuracy, reliability, truthfulness, legality or completeness of any goods, services, information or content that may be available to you in connection with a Crypto-Asset Service Provider or any other Integrated Partner;
  • You shall obtain independent professional advice (including financial, legal, accounting, commercial and any other advice) to protect your interests before engaging in any Transaction. You acknowledge that there is no professional relationship (including any attorney-client or advisor-advisee relationship) between you and Simplex;
  • You shall not use the Simplex Service to share any passwords or private keys for Your Wallet or other accounts;
  • You shall not infringe any Intellectual Property Rights of Simplex (including, but not limited, Intellectual Property Rights of the Simplex Service – Simplex owns all rights to the Simplex Service not expressly granted to the Users under these Terms); and
  • You have read and agree to assume the risks identified above.

8. Intellectual Property Rights

The Simplex Service is protected by copyright, trade secret and other Intellectual Property Rights.  Simplex owns the title, copyright and other worldwide Intellectual Property Rights in the Simplex Service.  Nothing in this Agreement grants you any right, title or interest in the Simplex Service or other software or Intellectual Property Rights of Simplex.  All Intellectual Property Rights relating to the Simplex Service and all elements thereof shall be and shall remain the property of Simplex and its licensors. 

You shall not:

  • copy, modify, create derivative works of, adapt, emulate, translate, reverse engineer, compile, decompile or disassemble any portion of the content on the Simplex Service, including any information, material and data available on the Simplex Service (collectively, the “Content”) in any way, or publicly display, perform, or distribute the Content, without Simplex’s prior written consent;
  • copy, modify, create derivative works of, reverse engineer, adapt, emulate, translate, reverse engineer, compile, decompile or disassemble the Simplex Service or permit others thereto;
  • make any use of the Content on any other website or networked computer environment for any purpose, or replicate or copy the Content without Simplex’s prior written consent;
  • create a browser or border environment around the Simplex Service or Content, link, including in-line linking, to elements on the Simplex Service, such as images, posters and videos, and/or frame or mirror any part of the Simplex Service, unless as expressly permitted hereunder;
  • interfere with or violate any right to privacy or other rights, or harvest or collect personally identifiable information about visitors or Users of the Simplex Service without their express and informed consent, including using any robot, spider, site search or retrieval application, or other manual or automatic device or process to retrieve, index, or data-mine;
  • transmit or otherwise make available in connection with the Simplex Service, and/or use the Simplex Service to distribute and/or otherwise transmit any virus, worm, Trojan Horse, time bomb, web bug, spyware, or any other computer code, file, or program that may or is intended to damage or hijack the operation of any hardware, software, or telecommunications equipment, or any other actually or potentially harmful, disruptive, or invasive code or component;
  • interfere with or disrupt the operation of the Simplex Service, or the servers or networks that host the Simplex Service or make the Simplex Service available, or disobey any requirements, procedures, policies, or regulations of such servers or networks;
  • sell, license, or exploit for any commercial or non-commercial purposes any use of or access to the Content or Simplex Service;
  • create a database by systematically downloading and storing all or any of the Content, or forward any data generated from the Simplex Service without the prior written consent of Simplex;
  • infringe any Intellectual Property Rights of Simplex in any other possible way.

“Simplex”, “Nuvei” and all logos and other proprietary identifiers used by Simplex in connection with the Simplex Service (“Simplex Trademarks”) are all trademarks and/or trade names of Simplex and/or Nuvei, or their licensors, whether or not registered.  All other trademarks, service marks, trade names and logos which may appear on or with respect to the Simplex Service, including on or in connection with an Integrated Partner, belong to their respective owners (“Third Party Marks”).  No right, license, or interest to Simplex Trademarks or to the Third Party Marks is granted hereunder, and you agree that no such right, license, or interest shall be asserted by you with respect to Simplex Trademarks or the Third Party Marks and therefore you will not use any of those marks, unless expressly permitted herein.

You shall not remove any copyright notices, restrictions and signs indicating proprietary rights of Simplex or its licensors, including copyright mark [©] or trademark [® or ™] contained in the Simplex Service, and you represent and warrant that you will abide by all applicable laws in this respect. You shall not engage in using, diluting or staining any name, mark or logo that is identical, or confusingly similar to any of Simplex Marks.

9. Privacy

We respect your privacy and are committed to protecting the information you share with Simplex in connection with the Simplex Service. Our Data policy and practices and the type of information collected are described in Simplex Privacy Policy, at: www.simplex.com/privacy-policy.

You represent that all Data and other information that you provide to Simplex shall be true and accurate.  Any false or fraudulent information or use of Service is prohibited.  Without limitation, to the extent that you provide us with any information that is false or misleading, you shall be responsible for any losses or claims arising therefrom.

In addition, legal entities shall also: (i) procure any consents necessary for the processing of personal data that are necessitated by this Agreement, (ii)  provide data subjects with the appropriate data privacy notices required by relevant data protection legislation, and (iii) maintain records of the consent collected and the notices provided and make them available for inspection upon the giving of 30 days’ notice by Simplex.

On any termination of these Terms or the Simplex Service, Simplex and its Affiliates may, at their discretion, maintain a copy of your Data for up to ten (10) years but use it only (i) to compile anonymized statistical information; (ii) to reduce possible instances of fraud; and (iii) to comply with applicable laws.

10. US Data Protection

To the extent that the Simplex Service requires the Processing of Client Personal Information of a U.S. person, the User and Simplex (“Parties”) agree to the following:

Definitions

The following terms in this provision shall have the meanings set out below:

  1. “Client Personal Information” is the Personal Information processed by Simplex under or in connection with the Agreement;
  2. “Data Protection Laws” are the laws and regulations applicable to the Processing of Personal Information including but not limited to the California Consumer Privacy Act (“CCPA”) and the California Privacy Rights Act (“CPRA”);
  3. “Personal Information” is information that identifies, relates to, describes, is reasonably capable of being associated with or could reasonably be linked, directly or indirectly, with a particular identifiable person or household;
  4. “Personal Information Breach” is a breach of security leading to the accidental or unlawful destruction, loss, alteration, unauthorized disclosure of or access to, Client Personal Information;
  5. “Process” means the collection, handling, use, storage, disclosure, transmission or any other operation performed on Personal Information;
  6. “Services” means the services, work, tasks or other activities, including Processing that Simplex will perform for you as described in the Terms; and
  7. “Subprocessor” is any third party who is engaged by Simplex to carry out specific Processing activities with Client Personal Information.

Roles of the Parties

The Parties agree that, except as otherwise expressly set forth in the Agreement, you shall determine the purposes and means of the Processing of Client Personal Information and you appoint Simplex to Process the Client Personal Information.

Service Provider Obligations

  1. Simplex agrees to comply with applicable Data Protection Laws and shall instruct its employees, agents and Subprocessors comply with the Applicable Data Protection Laws as well as the terms of the Agreement with respect to Client Personal Information.
  2. Simplex will: (a) only Process Client Personal Information to the extent strictly necessary for the performance of its obligations under the Agreement, (b) comply with all written instructions from you in relation to Client Personal Information.
  3. Simplex will not: (a) use, distribute, sell, rent, release, disclose, disseminate, make available, transfer or otherwise communicate Client Personal Information to another party for monetary or other valuable consideration, (b) retain, use or disclose Client Personal Information for any purpose other than the specific purpose of performing the Services specified in the Agreement, including retaining, using or disclosing the Client Personal Information for a commercial purpose other than providing the services specified in the Agreement, (c) retain, use, or disclose the Client Personal Information outside of the direct business relationship between you and Simplex.

Confidentiality

Subject to any confidentiality obligations in the Terms, Simplex shall take reasonable steps to ensure the reliability of any of its employees, agents and Subcontractors who may have access to Client Personal Information, ensuring in each case that access is limited to those individuals who need to access such data as strictly necessary to deliver the Services. Further, Simplex shall ensure that Simplex personnel are subject to confidentiality obligations at least as restrictive as those contained in this provision or are subject to an appropriate statutory obligation of confidentiality.

Data Security

 Subject to any other security obligations in the Terms, Service Provider will implement and maintain appropriate technical and organizational measures consistent with those required by Applicable Data Protection Laws for the protection of the security, confidentiality, and integrity of the Personal Information. Service Provider will not materially decrease the overall security of the Services while the Terms are in effect.

Individual Rights

Simplex shall promptly notify you, and provide full details thereof, if it receives any communication from any individual or any representative of an individual requesting to exercise their rights under Applicable Data Protection Laws with regard to Client Personal Information. Simplex shall provide reasonable assistance and cooperation as is necessary to enable you to comply with the exercise of such rights by an individual. 

Personal Information Breach

Simplex shall notify you without undue delay upon becoming aware of a Personal Information Breach and shall provide you with sufficient information which allows you to meet any obligations to report a Personal Information breach under Applicable Data Protection Laws. Such notification shall at a minimum: (i) describe the nature of the Personal Information breach, the categories and numbers of individuals concerned, and the categories and numbers of records concerned; (ii) describe the likely consequences of the Personal Information breach; and (iii) describe the measures taken or proposed to be taken to address the Personal Information Breach.

Subprocessors

You consent to Simplex engaging Subprocessors to Process Client Personal Information provided such engagements are consistent with the terms of this Addendum and the Agreement.  Simplex shall, upon request, provide you a list of Subprocessors who process Client Personal Information.

Return or Disposal of Data

Except as required by Applicable Law or to mitigate against fraud or other risks, upon expiration or termination of the Terms (or sooner if reasonably requested by you), Simplex shall securely delete or return all Client Personal Information, including any automatically created archival copies of such data, in its possession or under its control (including all Client Personal Information Processed by any Subprocessor), in accordance with the terms and timelines of the Agreement, or if not stated, within thirty (30) days of the Agreement’s termination or expiration, unless otherwise required by Applicable Data Protection Laws.

11. Integrated Partners and Other Third Party Services

The Simplex Service may be accessible through or linked to certain third party Integrated Partners, such as Crypto-Asset Service Providers.  Such Integrated Partners are independent from the Simplex Service.  You acknowledge that Simplex has no control over Integrated Partners or any other third parties, and further acknowledge and agree that Simplex is not responsible for the availability of Integrated Partners or any other third party services, and does not endorse and is not responsible or liable for and makes no representations as to any aspect of such third parties, including, without limitation, any goods, services, content, advertisements, products, or any materials available from them, compliance with legal requirements, the manner in which the third party processes personal data or any interaction between you and such third party.

You shall read all Integrated Partner Terms and only accept them if you agree with them, and, if you use any other third party’s services, such third party services shall be governed solely by the terms and conditions and privacy policies of such third party.

12. Availability

The Simplex Service’s availability and functionality depend on various factors, such as communication networks, software, hardware, Simplex’s service providers and contractors, and such third party services carrying the Simplex Service.  The Simplex Service shall not operate or be available at all times without disruption or interruption and is not immune from unauthorized access and errors.

13. LIMITATION OF LIABILITY

SIMPLEX DOES NOT WARRANT OR MAKE ANY REPRESENTATIONS REGARDING THE USE, THE INABILITY TO USE OR OPERATE, OR THE RESULTS OF THE USE OR OPERATION OF THE SIMPLEX SERVICE.

THE SIMPLEX SERVICE, INCLUDING WITHOUT LIMITATION ANY CONTENT, DATA AND INFORMATION RELATED THERETO, ARE PROVIDED ON AN “AS IS” BASIS AND “AS AVAILABLE” BASIS, WITHOUT ANY WARRANTIES OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING WARRANTIES OF TITLE OR NON-INFRINGEMENT OR IMPLIED WARRANTIES OF USE, MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE.

SIMPLEX AND ITS AFFILIATES, INCLUDING ANY OF THEIR OFFICERS, DIRECTORS, SHAREHOLDERS, EMPLOYEES, SUB-CONTRACTORS, AGENTS, PARENT COMPANIES, SUBSIDIARIES AND OTHER AFFILIATES (COLLECTIVELY, “SIMPLEX AFFILIATES”), JOINTLY AND SEVERALLY, DISCLAIM AND MAKE NO REPRESENTATIONS OR WARRANTIES AS TO THE USABILITY, ACCURACY, QUALITY, AVAILABILITY, RELIABILITY, SUITABILITY, COMPLETENESS, TRUTHFULNESS, USEFULNESS, OR EFFECTIVENESS OF ANY CONTENT, DATA, RESULTS, OR OTHER INFORMATION OBTAINED OR GENERATED BY OR COMMUNICATED BY SIMPLEX HEREUNDER OR BY ANY THIRD PARTY.

SIMPLEX DOES NOT ENDORSE ANY ENTITY, PRODUCT OR SERVICE INTEGRATED OR LINKED TO THE SIMPLEX SERVICE OR MADE AVAILABLE IN CONNECTION WITH THE SIMPLEX SERVICE, INCLUDING ANY CRYPTO-ASSET SERVICE PROVIDER OR OTHER INTEGRATED PARTNER.

SIMPLEX DOES NOT WARRANT THAT THE OPERATION OF THE SIMPLEX SERVICE IS OR WILL BE SECURE, ACCURATE, COMPLETE, UNINTERRUPTED, WITHOUT ERROR, OR FREE OF VIRUSES, WORMS, OTHER HARMFUL COMPONENTS, OR OTHER PROGRAM LIMITATIONS.  SIMPLEX MAY, AT ITS SOLE DISCRETION AND WITHOUT AN OBLIGATION TO DO SO, CORRECT, MODIFY, AMEND, ENHANCE, IMPROVE AND MAKE ANY OTHER CHANGES TO THE SIMPLEX SERVICE AT ANY TIME OR TO DISCONTINUE DISPLAYING OR PROVIDING ANY CONTENT OR FEATURES WITHOUT ANY NOTICE TO YOU.

TO THE MAXIMUM EXTENT PERMITTED BY LAW, IN NO EVENT SHALL SIMPLEX AND/OR ANY OF THE SIMPLEX AFFILIATES BE LIABLE FOR ANY INDIRECT, SPECIAL, INCIDENTAL OR CONSEQUENTIAL DAMAGES OF ANY KIND, RESULTING FROM OR ARISING OUT OF THE SIMPLEX SERVICE, USE OR INABILITY TO USE THE SIMPLEX SERVICE, FAILURE OF THE SIMPLEX SERVICE TO PERFORM AS REPRESENTED OR EXPECTED, LOSS OF GOODWILL OR PROFITS, THE PERFORMANCE OR FAILURE OF SIMPLEX TO PERFORM UNDER THESE TERMS, AND OTHER ACT OR OMISSION OF SIMPLEX BY ANY OTHER CAUSE WHATSOEVER, INCLUDING WITHOUT LIMITATION DAMAGES ARISING FROM YOUR CONDUCT OR THAT OF ANY CRYPTO-ASSET SERVICE PROVIDER, INTEGRATED PARTNER OR OTHER THIRD PARTY.

NO ACTION MAY BE BROUGHT BY YOU FOR ANY BREACH OF THESE TERMS MORE THAN ONE (1) YEAR AFTER THE ACCRUAL OF SUCH CAUSE OF ACTION.

UNDER NO CIRCUMSTANCES SHALL THE LIABILITY OF SIMPLEX UNDER THESE TERMS EXCEED USD$10.00 (TEN UNITED STATES DOLLARS).

14. Indemnification

Simplex’s obligations towards you will be absolutely discharged upon creation of the User Account and sharing your Data with the Integrated Partner.

You shall defend, indemnify and hold harmless Simplex and any Simplex Affiliates from and against any and all claims, damages, obligations, losses, liabilities, costs, debts, fines, late fees, cancellation fees and expenses (including attorney’s fees) arising from: (i) your use of the Simplex Service (or any part thereof); (ii) your violation of any term of these Terms; (iii) any damage of any sort, whether direct, indirect, special or consequential, you may cause to any third party which relates to your use of the Simplex Service, including without limitation any damage related to Crypto or related to Transaction with a Crypto-Asset Service Provider and accessed in connection with the Simplex Service; (iv) your violation of any third party rights; and (v) any charge-back or cancellation of any monetary deposit, Crypto transfer or payment made by you to the Integrated Partner via through the Website.

15. Amendments

Simplex may change the Terms, including the Privacy Policy, from time to time for a valid reason, such as to reflect changes to the Simplex Service or Simplex’s business operations. Any such changes will be published on the Website and shall take effect 30 days following they are posted on the website.

If you do not agree to the changes, you may terminate the agreement, and stop using the Simplex Service before the changes take effect.

Where a change is required to comply with legal requirements, is necessary to address security or urgent technical needs, it will take effect immediately. In such cases, Simplex will notify users as soon as reasonably possible.

You are encouraged to review the Terms and the Privacy Policy regularly. By continuing to use the Simplex Service after the changes take effect, you agree to the updated Terms.

16. Termination

At any time, Simplex may block your access to the Simplex Service or terminate these Terms, for any reason, at its sole discretion, in addition to any other remedies that may be available to Simplex under any applicable law. 

Additionally, Simplex may at any time, at its sole discretion, cease the operation of the Simplex Service or any part thereof, temporarily or permanently, without giving any prior notice.  You agree and acknowledge that Simplex does not assume any responsibility nor liability with respect to, or in connection with the termination of the Simplex Service and/or loss of any data in case of termination of the Simplex Service or the Terms.

You may terminate these Terms at any time for any reason or for no reason. Termination of the Integrated Partner Terms is subject to the provisions established therein.

No termination of these Terms shall reduce any of your liabilities which accrued prior to such termination.

17. General

These Terms do not, and shall not be construed to create any relationship, partnership, joint venture, employer-employee, agency, or franchisor-franchisee relationship between Simplex and you.

These Terms, and the rights and remedies provided hereunder, and any and all claims, disputes and controversies arising hereunder or related hereto and/or to the Simplex Service, their interpretation, or the breach, termination or validity thereof, the relationships which result from these Terms, or any related transaction shall be governed by, construed under and enforced in all respects solely and exclusively in accordance with the laws of the Republic of Lithuania without reference to its conflict-of-laws principles, and shall be brought in, and you hereby consent to exclusive jurisdiction and venue in, the competent courts in Vilnius, Lithuania.

Consumers who believe that Simplex has violated their rights or legitimate interests related to the Simplex Services, shall first submit their complaint to Simplex in writing through the contact information posted in the Simplex Service and specify their demands.  If you disagree with our answer, you may submit your complaint to the State Consumer Rights Protection Service (website www.vvtat.lt) or fill out a request form at http://ec.europa.eu/odr/. Legal disputes are solved in accordance with the procedure established by the applicable legal acts, including Article 29 of the Law on the Protection of Consumer Rights of the Republic of Lithuania. This provision shall be without prejudice to the application of other remedies available to consumers under EU or EU countries laws.

Simplex may assign its rights and obligations hereunder and/or transfer ownership rights and title in the Simplex Service to a third party without your consent or prior notice to you. Your rights and obligations under the Terms are not assignable. Any attempted or actual assignment thereof without Simplex’s prior explicit and written consent will be null and void.

If any provision of these Terms is found to be unlawful, void, or for any reason unenforceable, then that provision will be deemed severable from these Terms and will not affect the validity and enforceability of any remaining provisions.

No waiver by either party of any breach or default hereunder will be deemed to be a waiver of any preceding or subsequent breach or default.

Any heading, caption or section title contained herein is inserted only as a matter of convenience, and in no way defines or explains any section or provision hereof.

These Terms constitute the entire terms and conditions between you and Simplex relating to the subject matter herein and supersede any and all prior or contemporaneous agreements, understandings, promises, conditions, negotiations, covenants or representations, whether written or oral, between Simplex and you, including, without limitation, those made by or between any of Simplex respective representatives, with respect to the Simplex Service. You agree that you will make no claim at any time or place that these Terms have been orally altered or modified or otherwise changed by oral communication of any kind or character. You further agree that you are not relying upon any promise, inducement, representation, statement, disclosure or duty of disclosure of Simplex in entering into these Terms.

The following provisions of these Terms shall survive any termination hereof:, 2 Glossary, 4 Limitations on Service Availability, 5 Simplex Party to These Terms, 5 Payment Account Information, 5 Anti-Money Laundering requirements, 5 Fees (accrued prior to termination), 6 CRYPTO RISK, 7 Your Representations and Warranties, 8 Intellectual Property Rights, 9 Privacy, 10 US Data Protection, 11 Integrated Partners and Other Third Party Services, 13 LIMITATION OF LIABILITY, 14 Indemnification, 16 Termination, 17 General and 18 Contact.

Confirmation of the use of English by the Users in Lithuania: By entering into this Agreement, you acknowledge that you understand English and that you are concluding this Agreement in English. You acknowledge that English is known to you and that you understand all information contained in these Terms drafted and provided in English. You agree that all communications will be in English, unless otherwise provided in the Agreement.

Naudotojų Lietuvoje patvirtinimas dėl anglų kalbos naudojimo: Sudarydami šią Sutartį jūs patvirtinate, kad suprantate anglų kalbą ir kad šią Sutartį dėl Simplex paslaugų sudarote anglų kalba. Jūs patvirtinate, kad anglų kalba yra jums žinoma ir jūs suprantate visą šioje Sutartyje esančią informaciją parengtą ir pateiktą anglų kalba. Jūs sutinkate, kad visa šalių komunikacija bus anglų kalba, išskyrus jei kitaip nenumatyta Sutartyje.

18. Contact

If you have any questions or comments concerning these Terms or the Simplex Service, please contact Simplex through the contact information posted in the Simplex Service. Please do not use the Simplex Services unless you fully understand these Terms and agree with them.