TERMS AND CONDITIONS
These Terms and Conditions govern the use of the KazePay Card, KazePay account, and all related services provided by KazeFi (referred to as “we,” “our,” “us,” or “KazeFi”). By using the KazePay Card and related services, you agree to comply with and be bound by these Terms and Conditions.
1. DEFINITIONS
1.1 “Card” refers to the KazePay physical or virtual card issued to you by KazeFi.
1.2 “Account” refers to the KazePay account registered in your name.
1.3 “You” or “User” refers to the person who has registered for a KazePay account and uses the Card.
1.4 “Bank” refers to the financial institution that holds the funds and processes transactions on behalf of KazeFi.
1.5 “Company” refers to METABANK INC, a company registered in the United States with Document # 20231581273, operating under the KazePay brand.
2. ACCEPTANCE OF TERMS
2.1 By using your KazePay Card and related services, you acknowledge that you have read, understood, and agree to be bound by these Terms and Conditions.
3. CARD ISSUANCE AND ACTIVATION
3.1 KazeFi will issue you a KazePay Card upon successful registration and approval of your KazePay account.
3.2 You must activate your KazePay Card before use by following the instructions provided by KazeFi.
3.3 Your Card is non-transferable and must be used exclusively by you.
4. CARD USAGE
4.1 You can use your KazePay Card for online and in-store purchases wherever Visa/Mastercard is accepted.
4.2 The Card is subject to spending limits, which may vary based on your account status and verification level.
4.3 You are responsible for ensuring that you have sufficient funds in your KazePay account before making any transactions.
5. FEES AND CHARGES
5.1 KazeFi may charge fees for the issuance, replacement, and use of your KazePay Card, as detailed in the fee schedule provided on our website.
5.2 You agree to pay all applicable fees associated with the use of the KazePay Card and related services.
5.3 KazeFi reserves the right to revise the fee structure, with reasonable notice provided to you via email or through our platform.
6. ACCOUNT SECURITY
6.1 You are responsible for maintaining the confidentiality of your KazePay account credentials, including your PIN, password, and any other security information.
6.2 In the event of unauthorized access or if you suspect that your account information has been compromised, you must notify KazeFi immediately.
6.3 KazeFi employs industry-standard security measures, including Multi-Factor Authentication (MFA), to protect your account and transactions.
7. TRANSACTION MONITORING AND AUTHORIZATION
7.1 KazeFi monitors transactions for suspicious activities and reserves the right to decline any transaction that appears fraudulent or unauthorized.
7.2 You may be required to verify certain transactions before they are processed.
7.3 KazeFi may suspend your account if unauthorized transactions are detected, pending further investigation.
8. LIMITATION OF LIABILITY
8.1 KazeFi and its banking partners are not liable for any losses resulting from unauthorized transactions or fraud, except where such losses are proven to be due to KazeFi’s or the bank’s negligence.
8.2 In the event of any unauthorized transactions, you will bear full responsibility unless it is established that the transaction was caused by an error or negligence on the part of KazeFi or the bank.
9. CARD EXPIRATION AND RENEWAL
9.1 Your KazePay physical card is valid for 5 years and can be renewed upon expiration, with the same card number.
9.2 Virtual cards are issued with a validity of 1 or 3 years. Upon expiration, a new card with a different number must be purchased.
10. ACCOUNT TERMINATION
10.1 KazeFi reserves the right to terminate your KazePay account and deactivate your Card at any time, with or without cause, and with reasonable notice to you.
10.2 Upon termination, any remaining balance in your account will be refunded to you, minus applicable fees.
11. USER RESPONSIBILITY
11.1 You agree to use the KazePay Card and services in accordance with these Terms and Conditions.
11.2 You are responsible for all activities conducted through your KazePay account, including transactions made using your Card.
11.3 You agree to bear all risks associated with unauthorized transactions resulting from your failure to secure your account information.
12. REGULATORY COMPLIANCE
12.1 METABANK INC, the company behind KazePay, is a registered entity in the United States under Document # 20231581273.
12.2 KazeFi operates under a Money Services Business (MSB) license issued by the Financial Crimes Enforcement Network (FinCEN) of the Department of the Treasury, ensuring compliance with all applicable regulations.
13. AMENDMENTS
13.1 KazeFi reserves the right to amend these Terms and Conditions at any time. Notice of any changes will be provided to you through email or our platform.
13.2 Continued use of the KazePay Card and services after such changes constitute your acceptance of the new Terms and Conditions.
14. GOVERNING LAW
14.1 These Terms and Conditions are governed by and construed in accordance with the laws of the jurisdiction in which KazeFi operates.
14.2 Any disputes arising from or related to these Terms and Conditions shall be subject to the exclusive jurisdiction of the courts in that jurisdiction.