Terms &
Conditions
The complete legal framework governing your use of Paysolo services. Please read carefully to understand your rights and obligations.
Document Status
Active & Current
Website Terms and Conditions
Introduction & Terms of Use
Introduction
These terms of use (“Terms and Conditions”), as well as any attached schedules (if any), constitute a legally binding agreement between you the ‘End Customer’ and Paysolo Ltd (also referred to as "Paysolo", "we", "our", "us"), a Limited Liability Company with its registered office in str. ul. TODOR ALEXANDROV No 41, Blagoevgrad, pc 2700, Bulgaria, entered into the Commercial register and register of non-profit legal entities (NPLE) under UIC number 207268330, tax information number: BG207268330, e-mail: contact@paysolo.io
Paysolo is registered as a provider of services related to virtual currencies in the Bulgarian National Revenue Agency – VASP register, under the serial number 5b5d6588d3ea3a5.
Terms of Use
Other Applicable Terms
These terms refer to the following additional terms, which also apply to your use of our site:
- Our Privacy Policy, which sets out the terms on which we process any personal data collected from you, or that you provide to us. By using our site, you consent to such processing, and you warrant that all data provided by you is accurate.
- Our Cookie Policy, which sets out information about the cookies on our site.
Service Providers
Our Strategic Partners
Paysolo collaborates with the following service providers to deliver its services:
BCB Group – Banking & Payments Partners Disclosure
Paysolo provides certain fiat and digital asset services in cooperation with regulated third-party partners within the BCB Group, depending on the nature of the service and the customer's activity.
Virtual IBANs & Fiat Payment Services
Virtual Named Accounts ("vIBANs") used to fund your Paysolo balance are provided through BCB Group payment entities, acting as regulated payment or electronic money institutions.
BCB Payments Limited, incorporated in England and Wales (Company No. 11313622), is authorised and regulated by the UK Financial Conduct Authority (FCA) as an Authorised Payment Institution under the Payment Services Regulations 2017 (Firm Reference Number 807377).
BCB Payments (Europe) SASU, incorporated in France, is authorised and regulated as a payment or electronic money institution in its jurisdiction.
Digital Asset & Crypto-Related Services
Crypto-asset services are facilitated through BCB Markets entities, depending on jurisdiction and regulatory scope:
BCB Markets (Europe) SASU, incorporated in France (Company No. 910 733 641), is registered as a Digital Asset Service Provider (DASP) with the Autorité des Marchés Financiers (AMF) under registration number E2024-112.
BCB Markets (Switzerland) Sàrl, incorporated in Switzerland (Business Identification No. CHE-415.135.958), is a member of VQF SRO, an officially recognised self-regulatory organisation under the Swiss Anti-Money Laundering Act.
These entities provide crypto-asset execution, conversion, and settlement services in accordance with applicable laws and regulatory requirements.
Compliance, Controls & Limitations
All transactions, including top-ups, conversions, swaps, and payouts, are subject to:
- applicable KYC / AML / CTF checks,
- partner availability and network conditions,
- transaction limits and fees, and
- regulatory and internal risk policies.
Paysolo and its partners reserve the right to suspend, delay, restrict, or refuse transactions where required by law, regulation, or risk management obligations.
Pricing & Fees
Fee Schedule for Individual & Business Accounts
The following fee schedule applies to Paysolo services. Fees may vary based on account type:
Definitions
Key Terms & Meanings
In these Terms and Conditions (T&Cs), capitalized terms and expressions have the meanings set out below, whether used in the singular or plural:
Access & IP Rights
Usage Rules & Content Ownership
Changes to these Terms
Changes to our site
Accessing our site
Intellectual Property Rights
No text or Data Mining, or Web Scraping
You shall not conduct, facilitate, authorise or permit any text or data mining or web scraping in relation to our site or any services provided via, or in relation to, our site. This includes using (or permitting, authorising or attempting the use of):
- any “robot”, “bot”, “spider”, “scraper” or other automated device, program, tool, algorithm, code, process or methodology to access, obtain, copy, monitor or republish any portion of the site or any data, content, information or services accessed via the same; or
- any automated analytical technique aimed at analysing text and data in digital form to generate information which includes but is not limited to patterns, trends and correlations.
Liability & Disclaimers
Limitations & Responsibilities
No Reliance on Information
Limitation of Liability
We shall not be liable to any user for any loss or damage, whether in contract, tort (including negligence), breach of statutory duty, or otherwise, even if foreseeable, arising under or in connection with:
- use of, or inability to use, our site; or
- use of or reliance on any content displayed on our site.
If you are a business user, please note that in particular, we shall not be liable for indirect loss or damage including:
- loss of profits, sales, business, or revenue;
- business interruption;
- loss of anticipated savings;
- loss of business opportunity, goodwill, or reputation; or
- any indirect or consequential loss or damage.
Viruses
You must not misuse our site by knowingly introducing viruses, trojans, worms, logic bombs or other material that is malicious or technologically harmful. You must not attempt to gain unauthorised access to our site, the server on which our site is stored or any server, computer or database connected to our site. You must not attack our site via a denial-of-service attack or a distributed denial-of service attack. By breaching this provision, you would commit a criminal offence under the Bulgarian ‘Criminal Code’ and ‘The Penal Code’. We will report any such breach to the relevant law enforcement authorities and we will co-operate with those authorities by disclosing your identity and information to them as required or as we deem necessary. In the event of such a breach, your right to use our site will cease immediately and we may:
- take legal proceedings against you for reimbursement of any and all relevant costs on an indemnity basis resulting from your breach;
- take further legal action against you, as appropriate; and/or
- take any other actions which we deem appropriate.
Linking to our Site
Our Rights & Obligations
We may transfer our rights and obligations under these terms to another organisation. We aim to inform you in writing if this happens.
Applicable Law
These terms, its subject matter, and its formation, are governed by the laws of Bulgaria and shall have exclusive jurisdiction.
Acceptance of Terms
By accessing or using any service related and owned by Paysolo, you agree to be bound to these Terms and Conditions. If you do not agree with any part of these terms, you may not use our services.
Terms of Service – Crypto Services
Purpose
Definitions
- Asset
- means a supported cryptographic token (including crypto assets)
- Crypto Asset
- means a digital token or cryptocurrency that may be transferred and stored electronically using blockchain or distributed ledger technology.
- Network
- means a blockchain or distributed ledger (e.g., Polygon/MATIC) on which an Asset is issued or transferred.
- Send
- means your instruction to transfer Assets out of your custodial or hosted wallet to another address.
- Custody
- means safekeeping of your Assets.
- Travel Rule Data
- means originator/beneficiary identifiers and related compliance metadata required by applicable regulations.
Eligibility, Onboarding & user Representations
31. Description of Crypto Services
Paysolo may offer:
- hosted or custodial wallets;
- receipt and transfer of supported Assets;
- compliance-filtered transfers; and
- reporting and statements.
32. Supported Assets & Networks (incl. Polygon ex. MATIC)
- EUR deposits via bank transfer from an account held in the End Customer’s own name
- crypto deposits from an external crypto wallet owned by the End Customer
- Conversion of Fiat Currency (EUR) to crypto
- Conversion of crypto to Fiat Currency (EUR)
- Withdrawal of EUR to a bank account held in the End Customer’s own name
- Transfer of crypto to an external crypto wallet owned by the End Customer
- SEPA to SEPA individual-to-individual
- SEPA to SEPA business-to-business
- SWIFT to SEPA business-to-business
- SWIFT to SEPA individual-to-individual
- Receive and send crypto to Wallet
- Convert Fiat Currency (EUR) to crypto
- Convert crypto to Fiat Currency (EUR)
33. Market Risk, Volatility & Crypto-Specific Disclosures
34. Transaction Initiation, IP Address Logging, and Audit Trails
35. Custody Model, Segregation, Title & Insolvency Considerations
36. Wallets, keys, Address Management & Whitelisting
37. Fees, Taxes & Exchange Rates
38. Limits, Controls, Holds & Investigations
39. Fraud, Scams, Social Engineering & User Safeguards
Fraud Prevention and Customer Due Diligence
As part of the Due Diligence program and prevention of money laundering and terrorist financing, Paysolo shall have the following rights:
40. Compliance: KYC/AML/Sanctions; Travel Rule; Information Requests
41. Network Events: Congestion, Upgrades, Forks, Airdrops & Bridges
42. Data Protection (incl. GDPR): Processing, Legal Bases & Retention
43. Security Standards, 2FA, Incident Response & User Obligations
44. Service Availability, Maintenance, and Change Management
45. Disclaimers, Warranties & Allocation of Risk
46. Prohibited Uses & Restricted Jurisdictions
47. High-Risk Jurisdictions, Geofencing & VPN/Proxy Use
48. Communications, e-Signatures & Electronic Records
49. Term, Suspension, Termination & Post-Termination Handling
50. Complaints Handling & Dispute Resolution
51. Governing Law
General & Disputes
Governing Law
Laws of Bulgaria. Exclusive jurisdiction of Bulgarian courts.
Dispute Resolution
Negotiation first. Then competent court in Paysolo's registered office location.
Registration
UIC: 207268330
VASP: 5b5d6588d3ea3a5
