Terms of Service

1. Acceptance of Terms

By downloading, installing, or using the Payd mobile application ("App") or accessing our website, you agree to be bound by these Terms of Service ("Terms"). If you do not agree to these Terms, please do not use our App or services.

2. Description of Service

Payd is a personal finance management application that helps users:

• Track income and expenses
• Create and manage budgets
• Analyze spending patterns
• Receive AI-powered financial insights
• Set and achieve financial goals
• Manage multiple accounts and categories
• Use premium features via subscription (e.g. unlimited AI insights, advanced analytics)

3. User Responsibilities

As a user of Payd, you agree to:

• Provide accurate and complete information
• Keep your account credentials secure
• Use the App only for lawful purposes
• Not attempt to reverse engineer or modify the App
• Respect intellectual property rights

4. Account Security

You are responsible for maintaining the confidentiality of your account information and for all activities that occur under your account. We recommend using strong passwords and enabling biometric authentication (e.g. Face ID, Touch ID, or PIN) when available.

5. Subscription and Payments

Payd offers subscription plans (e.g. monthly, yearly, lifetime) that unlock premium features. Subscriptions are processed through the applicable app store; we do not store your payment details—billing is handled by Apple or Google. By subscribing, you agree to:

• Pay the applicable subscription fees
• Automatic renewal unless you cancel before the renewal date
• Refund and cancellation terms as outlined in the App Store or Google Play store
• Free trial terms: after the trial expires, you will be charged unless you cancel before the trial ends

6. Data and Privacy

Your privacy is important to us. Please review our Privacy Policy to understand how we collect, use, and protect your information. By using Payd, you consent to the collection and use of your data as described in our Privacy Policy.

7. AI Features

Payd uses artificial intelligence to provide personalized financial insights:

• AI recommendations are for informational purposes only
• You should not rely solely on AI suggestions for financial decisions
• We are not responsible for financial outcomes based on AI recommendations
• You can disable or limit AI features where the app allows

8. Prohibited Uses

You may not use Payd:

• For any unlawful purpose or to solicit others to perform unlawful acts
• To violate any applicable regulations, rules, or laws
• To infringe upon our or others’ intellectual property rights
• To harass, abuse, harm, defame, or discriminate
• To submit false or misleading information

9. Intellectual Property

The Payd App and its original content, features, and functionality are owned by Payd and are protected by international copyright, trademark, patent, trade secret, and other intellectual property laws.

10. Disclaimers

Payd is provided "as is" without warranties of any kind. We do not guarantee that:

• The App will be available at all times
• The App will be free from errors or bugs
• Financial advice or recommendations are suitable for your situation
• The App will meet your specific requirements

11. Limitation of Liability

In no event shall Payd, its directors, employees, partners, agents, suppliers, or affiliates be liable for any indirect, incidental, special, consequential, or punitive damages, including without limitation loss of profits, data, use, goodwill, or other intangible losses, resulting from your use of the App.

12. Termination

We may terminate or suspend your account and access to the App immediately, without prior notice or liability, for any reason whatsoever, including if you breach the Terms.

13. Changes to Terms

We reserve the right to modify or replace these Terms at any time. If a revision is material, we will try to provide at least 30 days’ notice prior to any new terms taking effect.

14. Governing Law

These Terms shall be interpreted and governed by the laws of the jurisdiction in which Payd operates, without regard to its conflict of law provisions.

15. Contact Information

If you have questions about these Terms of Service, please contact us at the email address provided in the App or on our website.