Terms & Conditions
Last updated: May 23, 2025
THESE TERMS AND CONDITIONS APPLY TO THE USE OF SUBY
1. Definitions
Suby: A non-custodial crypto payment solution allowing merchants to accept both recurring payments (subscriptions) and one-time payments (Paylinks) in supported cryptocurrencies.
User: Any individual or legal entity using Suby to make or receive crypto payments.
Smart Contracts: Blockchain-based automated contracts facilitating the execution of crypto transactions without human intervention.
2. Service Purpose
Suby provides a fully decentralized, non-custodial infrastructure enabling users to create, send, receive, and manage both recurring and one-time crypto payments via Smart Contracts. Suby does not hold, control, or have access to users’ funds or wallets at any time. Payments are processed directly through users’ wallets and executed on-chain.
3. User Access and Obligations
The User agrees to:
Provide accurate and up-to-date information during registration and usage.
Only use cryptocurrencies and networks supported by Suby.
Comply with all applicable laws and regulations, including those relating to Anti-Money Laundering (AML).
Not use Suby for illegal, fraudulent, or prohibited activities.
4. Non-Custodial and User Responsibilities
Suby acts solely as a non-custodial technical facilitator. It never holds, stores, or manages user funds or wallet keys. All payment flows are executed through public, audited Smart Contracts on supported blockchains.
Users are solely responsible for the security of their wallets, including private keys, wallet access, and transaction approvals. Suby is not liable for losses resulting from wallet mismanagement, phishing, third-party services, or technical failures unrelated to its own infrastructure.
Suby does not verify or endorse the quality, legality, or delivery of goods, services, or content sold via its platform whether via subscriptions or Paylinks. Any disputes arising from these are strictly between the merchant and the end user.
5. Fees
Suby charges a 1.5% transaction fee, only to merchants. This fee is automatically deducted from each transaction processed through Suby's Smart Contracts (both for subscriptions and Paylinks). End users do not pay any additional Suby fees they are only responsible for gas/network fees associated with their transaction.
6. Risk Management and AML Obligations
While Suby does not require user KYC due to its decentralized nature, it uses automated systems to monitor transactions and comply with AML obligations. In the event of suspicious activity, Suby may take appropriate action, including reporting to relevant authorities and suspending access to its services.
7. Limitation of Liability
Suby disclaims any liability for direct or indirect damages related to:
Inability to access the service
On-chain transaction failures
Market volatility
Wallet mismanagement
Malicious third-party activity
Users acknowledge the inherent risks of using crypto and blockchain-based systems.
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 at any time by ceasing interaction with its Smart Contracts. Suby reserves the right to restrict access in case of violations of these terms, suspected fraud, or unlawful behavior.
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.
Last updated