Version 1.0
Last updated: July 22, 2025
By accessing or using the Web3Pago platform (operated by Basilic Inc., "Basilic", "we", "us", or "our") and services, you ("User", "you", or "your") agree to be bound by these Terms and Conditions ("Terms"). If you do not agree to these Terms, you may not access or use our services. Your continued use of our platform constitutes acceptance of any modifications to these Terms.
"Platform" refers to the Web3Pago payment processing platform operated by Basilic Inc. and related services. "Services" means all functionality provided through our platform including payment processing, smart account integration, and related features. "Smart Accounts" refers to blockchain accounts created or managed through Reown (formerly WalletConnect) integration. "PaymentHub" means our configurable payment processing units that abstract blockchain complexity. "Blockchain" refers to distributed ledger technologies including but not limited to Ethereum, Polygon, and other supported networks. "Digital Assets" includes cryptocurrencies, tokens, and other blockchain-based assets.
Basilic Inc. provides the Web3Pago platform, a comprehensive Web3 payment solution enabling merchants to accept cryptocurrency payments through PaymentHubs. Our services include payment processing, blockchain operations management, fiat settlement integration via BlindPay API, and multi-chain operations. We facilitate connections between merchants and customers but do not control or custody digital assets. All payment processing is non-custodial and relies on blockchain infrastructure.
WE DO NOT CONTROL, MANAGE, OR HAVE CUSTODY OF SMART ACCOUNTS CREATED THROUGH REOWN INTEGRATION. Smart accounts are created and managed by third-party services (Reown/WalletConnect). We have no access to, control over, or responsibility for smart accounts, their private keys, seed phrases, or recovery mechanisms.
YOU ARE SOLELY RESPONSIBLE FOR ALL ASSETS, TRANSACTIONS, AND SECURITY OF YOUR SMART ACCOUNTS. This includes but is not limited to: maintaining security of access credentials, managing private keys and recovery phrases, verifying transaction details before signing, understanding blockchain transaction finality, and protecting against unauthorized access.
REOWN SMART ACCOUNT FUNCTIONALITY IS PROVIDED BY THIRD PARTIES. We are not responsible for Reown's services, smart account creation, wallet functionality, security measures, or availability. Any issues with smart accounts must be addressed directly with Reown or the relevant service provider.
WE CANNOT RECOVER LOST FUNDS OR REVERSE TRANSACTIONS. Due to the immutable nature of blockchain technology, we cannot: retrieve lost private keys or seed phrases, reverse completed transactions, recover funds sent to incorrect addresses, or restore access to compromised accounts.
WE ARE NOT LIABLE FOR SMART ACCOUNT SECURITY BREACHES. Users must implement appropriate security measures for their smart accounts. We are not responsible for losses due to phishing attacks, malware, compromised devices, social engineering, or other security incidents affecting user accounts.
BLOCKCHAIN TECHNOLOGY HAS INHERENT LIMITATIONS AND RISKS. These include but are not limited to: network congestion and delays, fluctuating transaction fees, potential for blockchain forks, smart contract vulnerabilities, and evolving regulatory landscape. Users acknowledge these risks when using our platform.
Users must: provide accurate and complete information, comply with applicable laws and regulations, maintain security of their accounts and credentials, verify all transaction details before confirmation, understand associated fees and risks, not use services for illegal activities, respect intellectual property rights, and report security issues promptly. Users are responsible for tax obligations related to cryptocurrency transactions.
The following activities are strictly prohibited: money laundering or terrorist financing, fraud or misrepresentation, violation of sanctions or export controls, unauthorized access to systems, distribution of malware or viruses, interference with platform operations, circumvention of security measures, use for illegal gambling, sale of prohibited goods or services, and any activity violating applicable laws or regulations.
Payment processing is facilitated through blockchain networks and third-party integrations including BlindPay API. We do not guarantee transaction success, speed, or costs. Users acknowledge that blockchain transactions are irreversible once confirmed. Fees may apply and are subject to network conditions. We reserve the right to refuse service or block transactions that violate these Terms or applicable laws.
Our privacy practices are governed by our Privacy Policy, incorporated by reference. We collect and process data necessary for service provision while respecting user privacy. Blockchain transactions are inherently public and permanent. Users consent to data processing as described in our Privacy Policy and acknowledge the public nature of blockchain data.
Web3Pago and related trademarks, logos, and content are the intellectual property of Basilic Inc. or that of our licensors. Users receive a limited, non-exclusive license to use our platform for intended purposes. Users may not copy, modify, distribute, or create derivative works without express permission. User-generated content remains user property but users grant us necessary licenses for service provision.
OUR PLATFORM IS PROVIDED "AS IS" AND "AS AVAILABLE" WITHOUT WARRANTIES OF ANY KIND. WE DISCLAIM ALL WARRANTIES, EXPRESS OR IMPLIED, INCLUDING MERCHANTABILITY, FITNESS FOR PARTICULAR PURPOSE, AND NON-INFRINGEMENT. We do not warrant uninterrupted or error-free service, security, or accuracy of information.
TO THE MAXIMUM EXTENT PERMITTED BY LAW, WE SHALL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, INCLUDING LOST PROFITS, DATA LOSS, OR BUSINESS INTERRUPTION. Our total liability shall not exceed the fees paid by you in the twelve months preceding the claim, or $100 if no fees were paid.
USERS ACKNOWLEDGE THE INHERENT RISKS OF BLOCKCHAIN TECHNOLOGY AND CRYPTOCURRENCIES. These include price volatility, regulatory uncertainty, technical failures, and potential total loss of value. We are not responsible for market conditions, regulatory changes, or blockchain network issues.
Users agree to indemnify, defend, and hold harmless Basilic Inc., its officers, directors, employees, and agents from any claims, damages, losses, or expenses arising from: user's use of services, violation of these Terms, infringement of rights, or negligent or wrongful conduct. This indemnification survives termination of these Terms.
We may terminate or suspend access to our services at any time, with or without cause or notice, including for violation of these Terms. Users may terminate their account at any time. Upon termination, user access will cease, but these Terms will survive regarding past use. We are not liable for consequences of termination.
These Terms are governed by the laws of Delaware, United States, without regard to conflict of law principles. Any disputes will be resolved in the courts of Delaware or through binding arbitration as described below.
Any disputes arising from these Terms or use of services shall be resolved through binding arbitration administered by JAMS, in accordance with its Comprehensive Arbitration Rules. The arbitration will be conducted in English and held in Delaware. The arbitrator's decision will be final and binding.
USERS WAIVE THE RIGHT TO PARTICIPATE IN CLASS ACTIONS OR REPRESENTATIVE PROCEEDINGS. Disputes must be brought individually. If this waiver is found unenforceable, the arbitration provision will be void.
We reserve the right to modify these Terms at any time. Changes will be effective upon posting. Continued use constitutes acceptance of modifications. Material changes will be communicated to users with reasonable notice.
If any provision of these Terms is found invalid or unenforceable, the remaining provisions will continue in full force and effect. Invalid provisions will be replaced with valid provisions that most closely approximate the intended effect.
These Terms, together with our Privacy Policy, constitute the entire agreement between parties regarding the subject matter herein and supersede all prior agreements and understandings.
For questions about these Terms, please contact us at legal@web3pago.com or through our platform support channels.
By using the Web3Pago platform, you acknowledge that you have read, understood, and agree to be bound by these Terms and Conditions.