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User Agreement

"PaySpeed" software hereby reminds users that before using the "PaySpeed" payment service, please carefully read this user agreement (hereinafter referred to as "agreement") to ensure that you fully understand the terms of this agreement. Please carefully read and choose to accept or not accept this agreement. Unless you accept all the terms of this agreement, you have no right to use the services covered by this agreement. This agreement stipulates rights and obligations between "PaySpeed" software and users concerning "PaySpeed" software services (hereinafter referred to as "service"). "User" refers to the individual using the service. This agreement can be updated at any time by "PaySpeed" software. Once the updated agreement terms are published, they will replace the original agreement terms without further notice. Users can check the latest version of the agreement terms on the service website. After the agreement terms are modified by "PaySpeed" software, if the user does not accept the modified terms, please stop using the services provided by "PaySpeed" software immediately. Users who continue to use the service provided by "PaySpeed" software will be deemed to accept the modified agreement.

Article 1: Account and Information Security

1.1. You should set the login password of PaySpeed account and PaySpeed payment password by yourself and keep them properly. You agree that:

1.1.1. If the platform needs you to provide any additional identity information or relevant materials due to the requirements of national laws and regulations, departmental rules or regulatory authorities, if you cannot provide it in time, the platform has the right to suspend or terminate the provision of some or all of the services to you.

1.1.2. The name or nickname you set in your PaySpeed account must comply with laws and regulations, process good customs and social ethics, and will not violate on the legitimate rights and interests of other third parties. Otherwise, the platform has the right to take restrictive measures against your account, including stopping providing some or all services.

1.2. you shall keep the following information, data and hardware equipment properly:

1) Bank card and its password, validity and other card information;

2) PaySpeed account and its login password;

3) PaySpeed payment password and gesture password;

4) Mobile terminals such as mobile phones and SIM card information;

5) Biometric information such as fingerprint information, iris information, face information and voiceprint information.

You should properly keep the above data, information and hardware equipment, and ensure that your mobile phone and other mobile terminal equipment operate and use in a safe, virus-free, intrusion free, monitored and illegally controlled environment. If you disclose any of the above information or lose the above hardware equipment, the resulting risks and losses shall be responsible by yourself.

Article 2: Functions of the Service

2.1. Balance Payment

When you use PaySpeed for balance payment, the platform will deduct the corresponding funds from your "Balance" according to your transaction instructions, and record your transaction information.

2.2. Transfer

The platform supports multiple transfer methods such as transfer to friends, transfer to mobile phones and mobile phones to mobile phones. You can choose different methods according to your needs, and fill in the collection account, transfer amount and transfer currency according to the content on the page.

2.3. PaySpeed Red Pocket

You can use PaySpeed red pocket service to carry out capital turnover with your family and friends in different forms, such as ordinary red pocket, lucky red pocket and password red pocket.

2.4. Consumption

If you use PaySpeed payment to purchase goods and services from the platform, the platform will deduct corresponding funds from your "Balance" according to your transaction instructions.

2.5. Bill Query

This platform will record your transactions using this service. You can also query the transaction records on the PaySpeed client.

2.6. Real Name Authentication

Using PaySpeed service requires user real name authentication, but your information will not be disclosed to third-party platforms.

Article 3: The Use of the Service

3.1. The payment instructions issued by your PaySpeed account in the login status are regarded as your own payment instructions. Once issued, the payment instructions will become effective and irrevocable. You shall properly keep your mobile phone and other electronic equipment, payment password, SMS verification code, digital certificate, bar code, QR code and other information and materials used for irrevocable payment. You shall bear the losses caused by your disclosure, loss, reproduction and transfer of the above information and materials.

3.2. When you use the platform during the service period, the platform is not responsible for currency depreciation, exchange rate loss, interest loss and other risks of the payment for you, and the platform is not required to pay you any interest on such payment.

3.3. When you use this service, if you fail to comply with laws and regulations, this agreement and relevant operation tips and business rules, the resulting risks and losses shall be borne by yourself, and the platform will not responsible any risks and losses to you.

Article 4: Scope and Limitation of Liability

4.1. The platform is only responsible for the obligations listed in this agreement, and the scope of responsibility is only limited to the economic losses you actually suffer.

4.2. The payment service is provided under the existing technical level. The platform will try its best to provide services for you, but it cannot guarantee that the service fully meets your expectations.

Article 5: Force Majeure and Exemption

5.1. In the process of using this service, force majeure and other risk factors may be encountered, resulting in the interruption of the service. Force majeure refers to unforeseeable, insurmountable, unavoidable and objective events that have a significant impact on one or both parties, including but not limited to natural disasters such as flood, earthquake, plague and storm, as well as social events such as war, unrest and government actions. In case of the above situation, the platform will strive to cooperate with relevant units for timely repair at the first time, but the platform will be exempted from liability for the losses caused to you to the extent permitted by law.

5.2. To the extent permitted by law, the platform shall not be liable for service interruption or obstruction caused by the following circumstances:

1) Damaged by computer viruses, Trojans or other malicious programs and hackers;

2) The computer software, system, hardware and communication line of you or this platform are faulty;

3) Your improper operation;

4) You use the service in a way not authorized by the platform;

5) Failure of banking system or banking network;

6) Other circumstances beyond the control or reasonably foreseeable by the platform.

Article 6: Privacy Protection

This platform attaches importance to the protection of your privacy. We will not disclose your personal privacy information to any third party.

Article 7: Other Terms

7.1. The headings of all clauses in this agreement are only for convenience of reading and have no actual meaning, which cannot be used as the basis for the interpretation of the meaning of this agreement.

7.2. No matter for what reason, some provisions of this agreement are invalid or unenforceable, the remaining provisions shall remain valid and binding on both parties.

7.3. we have the right to interpret and modify this agreement to the maximum extent permitted by law.




PaySpeed Privacy Policy

Release Date of This Version: January 15, 2022
Effective Date: January 15, 2022

This policy will help you understand the following:
1. How do we collect personal information
2. How do we store and protect personal information
3. Special agreement on minors' right to privacy
4. Statement of third-party liability
5. Application and revision of this policy
6. How to contact us
PaySpeed (hereinafter referred to as "we") respects and protects your privacy. When you use our services, we will collect, store, use, transmit and provide your personal information in accordance with the PaySpeed privacy policy (hereinafter referred to as "this policy"). At the same time, we will explain to you through this policy how we provide you with services to access, update, manage and protect your information.
We need to collect, store, use, transmit and provide your personal information to the outside world in order to comply with national laws, regulations and regulatory provisions (such as real name management, performing anti money laundering duties and taking risk prevention measures), as well as to provide you with services and improve service quality. You agree that we will process your personal information in accordance with this policy, so that you can enjoy high-quality, convenient and personalized services, and better protect your account and capital security.
Before you start using our services, you must carefully read and understand this policy, especially the terms that have or may have a significant relationship with your rights and interests (especially the bold part), and ensure that you fully understand and agree before you start using it. We try our best to explain it to you in simple and popular terms so that you can understand it.
1. How do we collect personal information
In the process of using PaySpeed service, we need to collect some of your information in the following cases to provide you with services, improve our service quality, ensure the safety of your account and funds, and comply with national laws, regulations and regulatory provisions:
1.1 Perform anti money laundering obligations and manage the real name system in accordance with laws, regulations and regulatory provisions
1.1.1 When you register your PaySpeed account or use PaySpeed service, we will collect your name, address, avatar, valid ID information, e-mail and mobile phone number. Such information is sensitive information. Such information is collected to meet the requirements of network real name system of relevant laws and regulations. If you do not provide the above information, you may not be able to use the PaySpeed payment service.
According to relevant laws and regulations, you need to pass multiple cross verification of your basic identity information before you can increase the cumulative amount of account balance payment transactions or use your account balance to buy financial products such as investment and wealth management. The external verification channels of basic identity information include government department database, commercial bank information system and commercial database. If you do not provide the above information, you may not be able to use some services that need to pass multiple cross verification, but it will not affect your use of other services provided by us;
1.1.2 We need to prompt you to provide color photocopies or photos of valid ID cards for us to check and keep in accordance with relevant laws, regulations and regulatory requirements of local countries; If you do not provide the above color photocopies or photos, you may not be able to use some services related to regulatory requirements, but it will not affect your use of other services provided by us.
1.2 Payment Services
1.2.1 Balance Payment
In order for you to use the PaySpeed account balance payment service for consumption and transfer (subject to the PaySpeed account type support), we need to record your payment account balance information and transaction information. If you do not agree with us to record the above information, you may not be able to use the balance payment service, but it will not affect your use of other services provided by us.
1.2.2 Transfer
In order to accurately execute your payment instructions, when you transfer money to others, you need to enter the payee's account and transfer amount according to the prompt on the payment page; If you transfer to another person's account, you also need to enter the other person's account number, confirm the other person's account information, and then confirm the transfer. If you do not provide the above information, the transfer may not be possible, but it will not affect your use of other services provided by us.
1.2.3 Consumption
When you pay to the merchant, we need to manage the merchant (e.g. identification or fraud) in accordance with laws, regulations and regulatory provisions. At the same time, in order to provide you with Bill query management function, we will directly collect or collect your transaction information from the merchant, including transaction amount, transaction object, transaction commodity and transaction time. If you do not agree to provide the above information, you may not be able to complete the transaction, but it will not affect your use of other services provided by us.
1.2.4 PaySpeed Red Pocket
When you send and pay red pocket to others, you can select the red pocket type, enter the red pocket amount, the number of red pocket and the sending object according to the prompts on the page; If you do not provide the above information, the red pocket may not be sent, but it will not affect your use of other services provided by us; If you do not provide the above information, you will not be affected to send a red pocket.
1.2.5. Bill Query
You can view your bill details (i.e. your payment account transaction information) on the bill page.
1.2.6 Verification
In order to ensure the security of your account and funds, we need to verify your identity when you conduct some important account operations. Therefore, you may need to provide us with copies of your ID card, photos of your hand-held ID card, transaction vouchers and other supporting materials that can identify your identity collected based on your consent in the process of specific business development. If you do not agree to provide the above information, you will not be able to complete specific operations, but it will not affect your use of other services provided by us;
When you trade with PaySpeed account, we need to verify your identity to ensure the security of your account and funds. We may provide you with a variety of authentication methods. You can choose to use your static password or one-time password to complete authentication; When the security risk level increases, we may prompt you to verify again. If you do not agree to provide the above information, you may not be able to complete the transaction, but it will not affect your use of other services provided by us.
1.2.7 Risk Prevention
In order to improve the security of your use of our services and prevent your funds and personal information from being obtained by criminals, we need to record the type, mode and relevant operation information of PaySpeed service you use, mainly including IP address, device software version information, location, network usage habits and other log information related to PaySpeed service. Such information is the basic information that must be collected to provide security services. If you do not agree to provide the above information, risk control verification may not be completed.
1.2.8 Customer Service
We will collect your search records when using the PaySpeed service and the information you provide when contacting the customer service team. At the same time, in order to ensure the service quality, we may need to record the content of customer service calls; Before recording, we will give you necessary tips to fully protect your right to know and choose. The above information belongs to your personal sensitive information. If you do not provide the above information, it will not affect your use of other services provided by us.
1.2.9 Others
Please understand that the services we provide you are constantly updated and developed. If you choose to use other services not covered in the above description, and we need to collect your information based on this service, we will separately explain the scope and purpose of information collection to you through page tips, interactive processes and agreements, and obtain your consent. We will use, store, transmit, provide and protect your information in accordance with this policy and the corresponding user agreement; If you choose not to provide the above information, you may not be able to use one or some services, but it will not affect your use of other services provided by us.
2. How do we store and protect personal information
2.1. we have used security measures that meet industry standards to protect the personal information you provide, and taken measures to protect the data from unauthorized access, public disclosure, use, modification, damage or loss. We will take all reasonable and feasible measures to ensure the security, integrity, authenticity and effectiveness of your personal information, such as:
(1) Use encryption technology to store personal information data, and use trusted protection mechanism to prevent data from being attacked; In the application interface involving personal information to be displayed, we use necessary mask desensitization means to ensure that it is not illegally stolen;
(2) We have established a data security management system, defined the data classification and classification methods and sensitive information management requirements, and standardized the information storage criteria. We deploy strict access control, multiple identity authentication mechanism and regularly review access logs to ensure that only authorized personnel can access personal information and prevent unauthorized and illegal operations;
We regularly carry out information security protection, including internal audit of sensitive information, information security risk assessment, code security inspection, data log analysis and so on, to protect your personal information security from many aspects such as security management strategy, security technology guarantee and so on.
2.2. The Internet is not an absolutely secure environment, and e-mail, instant messaging and other communication methods are not strongly encrypted. In order to protect your personal information, we strongly recommend that you do not transmit personal information through such methods. Minimize the provision of personal information to third parties as much as possible, and prevent information disclosure and capital loss caused by illegal theft and unauthorized access. Please try your best to use complex passwords, one-time verification codes and your biometric verification methods to help us ensure the security of your account. If you find that your personal information is leaked, especially your account information and password, please contact us immediately through the contact information agreed in this policy, so that we can cooperate with you to take corresponding measures as soon as possible.
3. Special Agreement on Minors' Right to Privacy
If you are a minor under the age of 18 and over the age of 16, and your labor income is the main source of living, we encourage you to use our services under the guidance of your parents or guardians. Please read this policy and use our services or provide us with your information with the consent of your parents or guardians, Everpay shall protect the personal information of minors in accordance with the provisions of relevant national laws and regulations. If your guardian does not agree that you use our services or provide us with information in accordance with this policy, please immediately terminate your use of our services and notify us in time so that we can take corresponding measures.
4. Description of Third-party Liability
4.1. If you use the services provided by a third party through our PaySpeed client, we will not guarantee whether and how the third party takes protective measures against your information. In order to ensure the security of your account and enable you to obtain a more secure access experience, we will use a special transport layer security protocol and encrypted network channels such as HTTPS to help you identify and prevent risks such as phishing and account disclosure, and protect the common rights and interests of you and third parties, Try our best to prevent criminals from tampering with the normal service content between you and the third party you want to access, and try our best to ensure the security of your personal information during transmission.
4.2. When you access the third-party services used through our client and view the developed applications created by the third party, you will be prompted that these third parties may place their own cookies. These cookies are not under our control, and their use is not subject to this policy. You should pay attention. The service provider may have its own independent privacy protection policy. We will fulfill our obligations under the law when taking protection measures for your personal information by the third-party service provider, but we cannot guarantee that these subjects will take protection measures in accordance with our requirements and standards. Please when using the third-party services, Be sure to contact third parties directly for details of their privacy policy. If you find that there are risks in these third-party services, you are recommended to terminate relevant operations to protect your legitimate rights and interests.
5. Application and Revision of This Policy
This policy applies to all PaySpeed services, and our privacy policy may be revised due to functional changes, business changes, service updates, regulatory requirements and other reasons. Without your express consent, we will not reduce your rights under this privacy policy. We will remind you of the update of relevant content through PaySpeed announcement or other appropriate ways before it takes effect. For major changes, we may also provide more significant notifications, including but not limited to SMS notification, client message center, etc., to explain the specific changes of privacy policy. Major changes referred to in this policy include but are not limited to:
(1) Major changes have taken place in our service model. Such as the purpose, type and use of personal information;
(2) The main objects of personal information sharing, transfer or public disclosure have changed;
(3) Major changes have taken place in your right to participate in personal information processing and the way in which you exercise it;
(4) We are responsible for handling changes in the contact information and complaint channels of personal information security;
(5) Personal information security impact assessment report and sensitive information internal audit report indicate that there are high risks.
6. How to Contact Us
If you have any questions, comments or suggestions on this privacy policy or related matters of your personal information, please contact us by visiting the online feedback message of PaySpeed client or calling customer service.