Terms & Conditions
Last updated: April 21, 2025
THESE TERMS AND CONDITIONS APPLY TO THE USE OF SUBY
1. Definitions
Suby: A non-custodial solution enabling merchants to accept recurring payments in stablecoins.
User: Any individual or legal entity using Suby services to make or receive recurring payments.
Stablecoins: Cryptocurrencies pegged to fiat currencies (USD, EUR, etc.) exclusively used on the platform.
Smart Contracts: Blockchain-based automated contracts facilitating recurring payments without human intervention.
2. Service Purpose
Suby provides a fully decentralized, non-custodial service enabling users to execute and receive recurring payments in stablecoins via Smart Contracts. Suby does not control or hold users’ cryptocurrencies or crypto wallets.
3. User Access and Obligations
The User agrees to:
Provide accurate and updated information when registering.
Exclusively use stablecoins supported by Suby.
Comply with all applicable laws and regulations, including Anti-Money Laundering (AML) regulations.
Not use Suby services for illegal or prohibited purposes.
4. Non-Custodial and User Responsibilities
Suby is not a custodian of funds. At no time does Suby hold, control, or possess user cryptocurrencies. All operations are executed through public Smart Contracts on the blockchain. The user alone is responsible for the management and security of their crypto wallet.
Suby disclaims any responsibility for losses, errors, technical failures, or thefts related to user wallet security or resulting from user-performed transactions. Suby acts as a non-custodial technical facilitator for crypto subscriptions. We do not verify, endorse, or assume responsibility for the actions, products, services, or content provided by merchants using our platform. Any claims, disputes, or issues arising from access, value delivered, or content offered as part of a subscription are strictly between the merchant and the end user.
5. Fees
Suby charges fees in the form of a commission automatically deducted from each transaction processed via Smart Contracts. These fees are directly deducted from amounts paid by the end user. Suby will clearly inform users of the applicable fee structure and amounts on its interface.
6. Risk Management and AML Obligations
Although Suby does not impose KYC procedures due to the decentralized nature of its operations and exclusive use of stablecoins, Suby implements automated transaction monitoring mechanisms to comply with AML obligations. In case of suspicious activities, Suby may report these operations to relevant authorities and/or suspend access to its services.
7. Limitation of Liability
Suby will not be liable for direct, indirect, or consequential damages resulting from the use or temporary inability to use its services. Users acknowledge the inherent risks associated with blockchain technologies and cryptocurrencies, including but not limited to market volatility, technical failures, and malicious third-party actions.
8. Changes to Terms
Our services are strictly intended for users over the age of 18. We do not knowingly collect data from minors.
9. Termination
Users may stop using Suby’s services at any time without notice by simply ceasing interaction with Suby’s Smart Contracts. Suby reserves the right to suspend or block access to its services in case of non-compliance with these terms or suspicion of fraudulent or unlawful activities.
10. Jurisdiction and Governing Law
These Terms and Conditions are governed by French law. Any disputes arising from the interpretation or execution of these terms will be exclusively submitted to the competent courts in Paris, France, unless otherwise indicated upon the creation of a Suby legal entity in the United States, in which case applicable jurisdiction will be clearly updated in these terms.
11. Jurisdiction and Governing Law
By using Suby services, the user acknowledges having read, understood, and fully accepted these Terms and Conditions.
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