(Updated as of October 14, 2022)

About these Terms. The terms under which we agree to grant you access to the PlayCash ecosystem of services as outlined under the ABOUT SERVICES portion of this document (collectively, “Service” or “Services”) are outlined in these Terms of Service (the “Terms”). You enter into a legally binding contract with us on the basis of these Terms when you access and use the Services, waiving some legal rights in the process. The following Global Terms of Service (collectively, “we,” “our,” “us,” or “PlayCash”) apply to our users (“you,” or “user,” and they govern each user’s access to and use of the Services and related products, including but not limited to software, programs, documentation, tools, hardware, internet-based services, components, and any updates), and may be modified from time to time by PlayCash in its sole discretion.

Definitions. Capitalized terms shall have the meanings assigned to them in these Terms, unless the context requires otherwise:

“Affiliate” means an entity that owns or controls, is owned or controlled by, or is or under common control or ownership with a party, where control is defined as the direct or indirect power to direct or cause the direction of the management and policies of such party, whether through ownership of voting securities, by contract, or otherwise.

“AML” stands for Anti-Money Laundering, which means a set of procedures, laws, and regulations that are intended to stop the practice of obfuscating income generated through illegal activities.

“Blockchain” means a system in which records of transactions made in Digital Assets are maintained across several computers that are linked in a peer-to-peer network.

“Digital Asset” means a digital representation of value in which encryption techniques are used to regulate the generation of digital units and verify the transfer of assets, operating independently from a central bank.

“Fiat” when used in reference to money or currency, means the coin and paper money of a country that is designated as legal tender, circulates, and is customarily used and accepted as a medium of exchange in the country of issuance.

“KYC” stands for Know Your Customer, which means the process of a business verifying the identity of its customers or clients and assessing potential risks of illegal intentions for the business relationship.

“Wallet Address” means an on-Blockchain virtual address in which Digital Assets can be held and transferred.

CONTINUING CONSENT

BEFORE USING THE PLAY CASH APPLICATION AND ACCESSING THESE TERMS, PLEASE READ THEM CAREFULLY. IMPORTANT INFORMATION ABOUT YOUR RELATIONSHIP TO PlayCash IS CONTAINED IN THE TERMS. Your agreement to and compliance with the terms are EXPRESSLY CONDITIONED ON YOUR USE OF THE PLAYCASH APPLICATION. YOU AGREE TO BE BOUND BY THESE TERMS BY ACCESSING OR USING THE SERVICE. YOU SHOULD IMMEDIATELY CEASE USING THE SERVICE IF YOU DO NOT AGREE TO ANY OF THE PROVISIONS OF THESE TERMS. THE APPLICABLE LAWS OR REGULATIONS OF YOUR JURISDICTION MAY BE VIOLATED IF YOU FAIL TO COMPLY WITH THIS DIRECTIVE. IF YOU ARE UNSURE, PLEASE GET IN TOUCH WITH US AT suppport@playcash.finance

DIGITAL ASSET VOLATILITY

As with any asset, the value of digital assets can increase or decrease, and investing in or holding digital assets like cryptocurrencies comes with a significant risk of financial loss. IF YOU WISH TO BUY, SELL, HOLD, TRADING, OR BUY DIGITAL ASSETS, YOU SHOULD CAREFULLY CONSIDER WHETHER THIS IS SUITABLE FOR YOU. The continued willingness of market participants to exchange digital assets for fiat money or other digital assets may be the source of the value of digital assets. A specific Digital Asset may potentially lose all of its value permanently and completely if such willingness is terminated for any reason. The price volatility and unpredictability of digital assets can cause sizable losses in a short amount of time.

THE WAY DIGITAL ASSETS ARE TREATED VARIES BY JURISDICTION. Be aware that PlayCash might not offer some or all of the services in some jurisdictions due to regulatory concerns. Where prohibited by law or by PlayCash policy, as amended from time to time; currently, such places include, but are not limited to, Iran, North Korea, Sudan, South Sudan, Syria, Cuba, Russia, or any other nation that is subject to financial sanctions or embargoes by the Philippines, the United Kingdom, or the European Union. We may: I suspend the Service; (ii) terminate the Service; (iii) restrict your Service; (iv) return Digital Assets to the destination of their origin or to a location specified by authorities; or (v) block the transfer of Digital Assets that are the property of a sanctioned person, in accordance with the economic sanctions programs administered in the countries where we conduct business.

ABOUT US
PlayCash Finance ( referred to as “PlayCash”,”we”, “us”, “our”) and our Services allow you to seamlessly exchange digital assets for Fiat currency.

ABOUT THE SERVICES
PlayCash is a transaction aggregator that bridges the gap between consumers and payment infrastructure across various chains and wallets. Our first product is a browser extension that allows easy transactions for any wallet across different chains. You can buy tokens and NFTs with GCash or any other payment channel; swap tokens across multiple chains; and cash-out crypto straight to your personal PHP accounts.

Services. We offer two services which allow you to:

• Cash in. Buy Digital Assets using Fiat currency.
• Swap Tokens Exchange your Digital Assets for another Digital Asset like BTC/ETH
• Cash out. Sell your Digital Assets for Fiat currency. This Service is currently only available in the Philippines.
• NFT Quick Buy. The NFT Quick Buy feature enables best e-commerce practices on Web3 marketplaces with a UI overlay indicating fiat value and a quick buy button that allows multiple payment methods. This feature will be available in the biggest NFT marketplaces such as Axie, OpenSea, Magic Eden, etc.

Accessing the Services. You can access the Services either directly via the PlayCash website or via a web browser extension. We are not responsible for any third party websites or applications you access the Services through including any damage or loss.

HOW IT WORKS

Using PlayCash. To use the Services, you simply need to fill out a form which provides all the information we need to complete your transaction (or trade).

How it works.

Buying tokens with PlayCash:
Hundreds of tokens from four different networks are made available during our beta testing. Buy them with fiat, and get them straight to your crypto wallet address.

A Step-by-Step Walkthrough:
1. Open the PlayCash extension on Chrome.
2. Select Buy Tokens and the network of the transaction.
3. Input how much you want to buy.
4. Copy and paste your wallet address and click on Next.
5. Select your preferred payment method and complete the payment.
6. Click on Confirm payment.
7. Wait for payment to push through successfully.
8. Check your wallet to confirm receipt of tokens.

Video demo:
Watch here

Buying NFTs with PlayCash:
Upon enabling our NFT Quick Buy feature, a UI overlay is activated on the chosen NFT marketplace; allowing users to directly buy their chosen NFT with cash.

A Step-by-Step Walkthrough:
1. Go to OpenSea or any supported NFT marketplace of your choice.
2. Open the PlayCash extension and switch on the NFT Quick Buy toggle.
3. The PHP value of the NFTs should now appear along with the buy button.
4. Click the buy button and a pop-up should appear to show the details of the NFT you’re about to buy.
5. Copy and paste the crypto wallet address where you want to receive your NFT.
6. Input your email so PlayCash can send you a confirmation and click on Next.
7. Select your preferred payment method and complete the payment.
8. Click on Confirm payment.
9. Wait for the system to verify the transaction. You will receive a confirmation once done.
10. Check your wallet to see your new NFT.

Cashing out with PlayCash:
It’s an easy way to cash out your tokens straight to any e-wallet, bank account, or even over the counter.

A Step-by-Step Walkthrough:
1. Prepare the crypto wallet where your tokens are (Binance, Metamask, etc.).
2. Open PlayCash extension and click on cash out.
3. Select a token you want to cash out and its corresponding network.
4. Enter the token amount and its origin wallet address
5. Select which PHP wallet or account you want to receive your cash-out with and enter the account details.
6. Proceed to send the tokens to the PlayCash wallet. Wait for the system to verify the transaction.
7. Receive your cash in your e-wallet or bank account.

Video Demo:
Watch here

We are not responsible or liable to you for any loss you suffer as a result of flawed transactions caused by errors, including but not limited to your loss of fiat money, Digital Assets, or investment opportunities.
PlayCash will display to you the Blockchain Wallet Address to which the Digital Assets will be transferred based on information obtained either from you or the host application you used to launch the extension. You are obliged to verify whether the displayed Blockchain Wallet Address that has been disclosed in the application is the correct one. You are obligated to provide a Digital Asset address that is owned by you and is under your full control and authorisation, to which Digital Assets will be transferred from and to. You represent that the Blockchain Wallet Address is solely under your control. You are obligated to verify whether a transfer of Digital Assets may be successfully effectuated to the Blockchain Wallet Address that you have provided to PlayCash. Certain digital wallet providers may impose limits to that respect, which may result in the Digital Assets being released by PlayCash but not accepted to the digital wallet. In the event that this occurs, PlayCash will not be liable and the service will be considered rendered.

Inaccurate Data. PlayCash is not responsible for any inaccuracy in the data provided by you. You are obliged to check all the information before submitting it to PlayCash. Blockchain transactions are irreversible and PlayCash will not be able to reverse any transactions already executed in case you made a mistake in the data or instruction you provided. Nonetheless, we have put up confirmations and verifications before you finalize the submission of any information you provide us to provide you the opportunity to confirm its accuracy.

Blockchain Data. Blockchain transactions are irreversible, and any information stored in the Blockchain will remain publicly viewable and immutable for an indefinite period of time. Your Blockchain address and certain data will be displayed permanently and publicly. We understand your right of rectification or erasure of personal data; however, we cannot guarantee such rectification or erasure, whether absolute or partial, of the personal data from third-party entities or providers not within our immediate control.

Use of third parties. We use third party exchanges and payment systems to settle your trades. We are not responsible or liable for any delay or errors made by them. We are also not responsible for the consequences of any limits set by your or any third party wallet providers.

Trades. Trades are usually settled using Blockchain and online payment systems (for the transfer of Fiat). PlayCash does not provide a settlement platform on its own and is not liable for any errors or delays in the functioning of settlement systems.

Limits on trades. We may impose certain limits on the minimum or maximum number of trades you can enter into in a given time. We can set and change these limits at our discretion.

Canceling trades. We reserve the right to cancel your trade, without advance notice, if we do not receive the correct purchase price from you on time. In the event that a trade is cancelled because we do not receive the correct purchase price from you on time, you may be required at PlayCash’s discretion to bear the costs of resending Fiat money to you. For purposes of clarity, the price paid needs to be exactly equal to the purchase price indicated by PlayCash.

IDENTITY VERIFICATION AND ELIGIBILITY
Eligibility criteria. You can only sign-up for and use the Services if you:

• Are of legal age with capacity to enter into agreements or contracts
• Satisfy all of our due diligence, “know your customer” and anti-money laundering requirements,
• Are not prevented by law or regulation from using the Services in your jurisdiction, and
• Are not a resident or citizen of any jurisdiction under US, UK or EU sanctions and are not personally sanctioned by the US, UK or EU which include, but are not limited to the countries of Iran, North Korea, Sudan, Syria, Cuba and Russia (the” Eligibility Criteria”).
• Are not a resident or citizen of any other jurisdiction or country where transaction, utilization and/or trade of digital assets, especially with respect to those that pertain to the services offered by PlayCash, is prohibited under the applicable law, rules or regulations.

Under applicable laws and regulations, PlayCash is obligated to maintain certain information about you, including User records and transaction history, for five years, or a longer period as may be required under the said laws and regulations. Under certain circumstances, PlayCash may be required to report to the competent authorities of any unusual transactions, or of any suspicion it may have that you might be involved in any financial crime or illicit activity.

This includes having you provide documentation and information, including but not limited to copies of your government-issued identification document (e.g. Passport, driver’s license).

PlayCash may also gather and use information about you from third parties, to help us confirm your identity, perform our AML/KYC checks and/or determine your access to the Services. You represent and warrant at all times that any and all information provided by you to us is true, accurate, and not misleading in any respect. If any such information changes, it is your obligation to provide the new information to us as soon as practicable following such change.

YOUR OBLIGATIONS
Representations and warranties. You represent and warrant to us when you enter these Terms and on an ongoing basis:

• you meet the Eligibility Criteria;
• any information you provide to us is true and accurate;
• you comply with all applicable laws and regulations when using the Service;
• you have full lawful ownership of the payment accounts and wallets you are transferring to and from; and
• you will not engage in any activity, directly or indirectly, that would cause us to be in violation of any laws, rules, and regulations applicable to you and us, including but not limited to (i) any applicable laws designed to fight the funding of terrorism and money laundering (including but not limited to the anti-money laundering and anti-terrorism laws, rules), and (ii) economic sanctions programs of the Philippines, United Nations, Canada, European Union, or the United Kingdom, or of any other countries where you have informed by us in writing that you conduct business.

You further understand that you are solely liable for any legal claim for any financial penalties and/or other liability of Ours arising thereof, and will compensate and reimburse us within 14 days from notice on all costs, including, but not limited to: legal consulting expenses, court costs, fines, financial penalties and expenditure on disputes. You will promptly notify us in writing at help@play cash.finance if you learn that you have engaged in any activity in material violation of the foregoing laws, rules, or regulations.

Use restrictions. When using the Services, you must behave lawfully and not breach these Terms in any way. In particular, you agree that you will not:

• use the Services for anything unlawful, criminal, harmful or fraudulent,
• access, store, distribute or transmit viruses, malicious code or other harmful technologies,
• expropriate data or do anything that infringes the intellectual property rights of a third party,
• reverse engineer, copy, modify, data scape, automate or re-sell any part of the Services,
• use someone else’s email address to access the Services or allow anyone else to access the Services using your email address,
• use any automated system to send more request messages to our servers than a human can reasonably produce in the same period or put an unreasonably large load on our infrastructure, and
• use the Services to exchange Digital Assets that are regulated securities, derivatives or financial instruments.

Unauthorized access. By emailing help@playcash.finance, you must notify us right away if there has been any unauthorized access to your PlayCash account or data. We will not be responsible for any losses you experience, including losses brought on by giving someone else access to your account or by any other incidents resulting from access to your account for any reason.

Taxes. You are responsible for complying with applicable law. You agree that PlayCash is not responsible for determining whether or which laws may apply to your transactions, including tax law. You are solely responsible for reporting and paying any taxes arising from your use of the Services.

Disclosure. We will make all reasonable efforts to let you know the conversion rate and how much you will be charged in Fees for each before you enter into a trade.

TERM, TERMINATION & SUSPENSION
Term. These Terms start when you access and use the Services and continue to apply until terminated by either you or us.

When we can terminate or suspend your access. We can immediately suspend your access to and use of the Services or terminate these Terms without advance notice or liability to you if:

• you no longer meet the Eligibility Criteria,
• you breach these Terms,
• you do not pay our Fees, or
• We are instructed or required to do so by a governmental body, law or regulation.

Please be aware that at any time, PlayCash, subject to its sole discretion, is entitled to terminate your access to the Services, including PlayCash’s right to: refuse processing, cancel and reverse any transaction, regardless of whether the corresponding funds have been debited from your payment method; suspend, restrict or terminate a PlayCash user.

Consequences of our suspension or termination. If you’ve initiated a trade before we terminate or suspend your access, we will return the relevant Fiat currency or Digital Assets to you unless law or regulation doesn’t allow us to. Anything in these Terms which is intended to survive termination – including your indemnity, taxes, warranty disclaimers, IP, and governing law – will remain in force.

CONFIDENTIALITY

Mutual obligations. Each party agrees to keep all confidential and sensitive information shared by the other party secure and confidential for the duration of these Terms, and only use the other’s confidential information in order to fulfill the purpose of these Terms.

Sharing confidential information. A party may share the other’s confidential information with its officers, Affiliates, employees, contractors, members, representatives, professional advisors, agents and subcontractors ( the “Permitted Receivers”) on a need-to-know basis provided they are committed in writing to confidentiality obligations similar to what is set out in these Terms. Each party is liable for any act or omission of its Permitted Receivers that would constitute a breach of this Agreement if it were a party to it.

Obligations on termination. Each party must take reasonable steps to destroy or erase any confidential information it holds from the other party within thirty (30) days of the owner’s request, except that copies of confidential information may be retained if they are securely stored in archival or computer back-up systems and if necessary to meet legal or regulatory obligations.

INTELLECTUAL PROPERTY
All intellectual property rights in PlayCash and the Services are owned by us and remain owned by us. You are not allowed to reproduce or store any part of PlayCash, our Services or marks in any way without our prior written permission which we may deny for any given reason.

DATA PROTECTION
We comply with all applicable data protection laws at all times and only use your personal data to provide you with the Services. Check out our Privacy Policy for full details on what we collect, why we need it and how we look after it.

DISCLAIMERS
Waiver of warranties

• PLAYCASH SERVICES ARE PROVIDED ON AN “AS IS” AND “AS AVAILABLE” BASIS WITHOUT ANY WARRANTY UNDER THESE TERMS AND TO THE EXTENT ALLOWED BY APPLICABLE LAW ALL EXPRESS OR IMPLIED CONDITIONS, REPRESENTATIONS, AND WARRANTIES INCLUDING, WITHOUT LIMITATION, ANY IMPLIED WARRANTIES OR CONDITIONS OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, SATISFACTORY QUALITY, OR ARISING FROM A COURSE OF DEALING, USAGE, OR TRADE PRACTICE, OR WARRANTY OF NON-INFRINGEMENT ARE DISCLAIMED.
• IN NO EVENT SHALL PLAYCASH, ITS AFFILIATES AND SERVICE PROVIDERS, OR ANY OF THEIR RESPECTIVE OFFICERS, DIRECTORS, AGENTS, JOINT VENTURERS, EMPLOYEES, CONTRACTORS, OR REPRESENTATIVES, BE LIABLE FOR ANY LOST PROFITS, DIMINUTION IN VALUE OR BUSINESS OPPORTUNITY, ANY LOSS, DAMAGE, CORRUPTION OR BREACH OF DATA OR ANY OTHER INTANGIBLE PROPERTY OR ANY SPECIAL, INCIDENTAL, INDIRECT, INTANGIBLE, OR CONSEQUENTIAL DAMAGES, WHETHER BASED IN CONTRACT, TORT, NEGLIGENCE, STRICT LIABILITY, OR OTHERWISE, ARISING OUT OF OR IN CONNECTION WITH AUTHORIZED OR UNAUTHORIZED USE OF THE PlayCash SERVICES OR THESE TERMS, EVEN IF AN AUTHORIZED REPRESENTATIVE OF PlayCash HAS BEEN ADVISED OF OR KNEW OR SHOULD HAVE KNOWN OF THE POSSIBILITY OF SUCH DAMAGES.
• PLAYCASH MAKES NO REPRESENTATIONS ABOUT THE ACCURACY, ORDER, TIMELINESS OR COMPLETENESS OF HISTORICAL OR CURRENT ELIGIBLE DIGITAL ASSETS PRICE DATA AVAILABLE THROUGH PLAYCASH’ SERVICES. PlayCash WILL MAKE REASONABLE EFFORTS TO ENSURE THAT REQUESTS FOR TRANSACTIONS ARE PROCESSED IN A TIMELY MANNER BUT PLAYCASH MAKES NO REPRESENTATIONS OR WARRANTIES REGARDING THE AMOUNT OF TIME NEEDED TO COMPLETE PROCESSING (WHICH IS DEPENDENT UPON MANY FACTORS, INCLUDING THOSE OUTSIDE OF OUR CONTROL), AND PLAYCASH SHALL NOT BE LIABLE FOR ANY LOSSES OR DAMAGES WHICH YOU MAY INCUR AS A RESULT OF ANY DELAY IN THE PROVISION OF THE SERVICES.

ASSUMPTION OF RISK
Liability we can’t exclude. We don’t exclude liability for fraud, death or personal injury caused by negligence, or anything which cannot be excluded by law.
Exclusions. We are not liable for:

• Loss which isn’t reasonably foreseeable, including any indirect or consequential losses,
• Loss of data, funds, Digital Assets or any losses you suffer as a result of price fluctuations, inaccuracies in price information given in relation to Digital Assets or non-availability of Digital Assets, and
• Force Majeur: loss resulting from anything outside of our reasonable control, which includes anything any third party does or fails to do, including third party exchanges, token issuers and/or wallet providers, delay or failure due to any act of God, act of civil or military authorities, act of terrorists, civil disturbance, war, strike or other labor dispute, fire, interruption in telecommunications or Internet services or network provider services, failure of equipment and/or software, other catastrophe or any other occurrence which is beyond our reasonable control and shall not affect the validity and enforceability of any remaining provisions.

In no event shall you have any recourse, whether by setoff or otherwise, with respect to our obligations, to or against any assets of any person or entity other than PlayCash, including, without limitation, any member, shareholder, affiliate, investor, employee, officer, director, agent or advisor of PlayCash.

Limitation on liability. Our liability for any claim brought under these Terms is limited to the Fees paid by you in the 12 months directly before the claim.

Written notification of errors. Pursuant to the information published in PlayCash’s FAQ’s, all claims of EFT Errors should be addressed in writing to help@playcash.finance and include the following relevant information: user identification such as name and associated email account, the time and date when the error occurred, specific information regarding the alleged error.

INDEMNITY

You agree to indemnify and hold harmless PlayCash and its Affiliates, and their respective employees, managers, officers, directors, partners and shareholders from any losses, damages, suits and expenses, of whatever kind, including reasonable legal fees and the costs of any trades (e.g. any Network Fees) that we incur in connection with or arising out of your access to or use of the Services, or our activities in connection with such Services, and for your breach of these Terms or violation of any law, regulation, order or other legal mandate, or the rights of a third party, or any act or omission by you or any person acting on your behalf while using the Services, regardless of whether the specific use was expressly authorized by you.

UPDATES

For updates to our services, legal or regulatory changes, or at PlayCash’s discretion for reasons such as the mitigation of risk or the avoidance of harm, we may occasionally modify these Terms. The modifications will become effective for everything else as soon as they are published on our website. We may assume that you agree to the updated Terms if you use the Services after they have been updated. All previous versions are superseded by the updated version. Any of the Services are subject to termination or change at our discretion.

AMENDMENTS

Without warning or liability, we reserve the right to: stop offering the On-PlayCash and Off-PlayCash Services to you or to Users generally; change the technical solutions employed in the On-PlayCash and Off-PlayCash Services; impose usage caps on the On-PlayCash and Off-PlayCash Services; or temporarily or permanently suspend your use of the On-PlayCash and Off-PlayCash Services.

MISCELLANEOUS

Nobody else has any rights under these Terms. These Terms are a contract between you and us. No other person shall have any rights to enforce any of its terms.

Even if we delay in enforcing this contract, we can still enforce it later. If we don’t immediately insist that you do something you are required to do under these Terms, or if we delay in taking steps against you in respect of your breach, we can still do so later on.

Separability clause. If any provision in these Terms found to be unenforceable or void, that provision shall be severed with the remainder of these Terms remaining in full force and effect.

Entire Agreement. These Terms constitute a complete and exclusive agreement between you and PlayCash. In the event of inconsistency or discrepancy between the Terms and any other document accompanying it, the Terms shall prevail.

Governing law and jurisdiction. Unless expressed otherwise or inadmissible by law, these Terms and all documents and contractual rights and obligations arising in relation to the Services, are governed by the Governing Law and the courts of the Jurisdiction have exclusive jurisdiction to hear disputes in connection with them.

Complaints. If you have any questions or a complaint about PlayCash or its Services, you agree to first course them through our internal complaint handling processes by emailing your concern or complaint to help@playcash.finance. You agree that the completion of this process shall be considered as a precondition to any action or complaint with any court, tribunal or arbitration body as an essential part of the dispute resolution mechanism of this agreement.