![]() #Ewallet professional fullUser assumes full responsibility for the use of its Account and the access codes thereto and shall indemnify the Paxum Indemnified Parties for any and all claims, losses or other liabilities arising therefrom. User may not disclose such codes or permit any third party to use them on penalty of forfeiting the whole of the Account. Paxum shall provide User with access codes for the Account. The Account shall be a record of the entitlement of the User to Funds, such as it may be from time to time. So long as User is not in breach of this Agreement, User shall be granted a unique and private Account accessible through the Ewallet Service and the Paxum Platform. User shall indemnify and hold Paxum, its owners, directors, officers, employees, agents, licensors, suppliers, assigns and successors in interest (the “Paxum Indemnified Parties”) harmless from and against any and all claims, losses or other liabilities arising from any dispute that User has with any other User or any third party. In the event of a dispute between Users as to entitlement to Transaction funds, Paxum shall determine such entitlement as per its own records, and Paxum reserves the right to undo Transactions at its sole discretion and thereby leave Users to settle their disputes outside of the Ewallet Services, independently from Paxum. Paxum shall maintain records of liabilities and rights concerning Transactions and Fees, which records shall be authoritative in settling any disputes between Paxum and any User or between any two Users in respect of any entitlement under this Agreement. Paxum shall provide the Ewallet Services to Users pursuant to the terms and conditions of this Agreement. USERS FROM PROHIBITED TERRITORIES ARE ALSO NOT PERMITTED TO USE THE EWALLET SERVICES. PERSONS ARE PROHIBITED FROM USING PAXUM EWALLET SERVICES OR OBTAINING AN ACCOUNT FOR EWALLET SERVICES. THE EWALLET SERVICES ARE AVAILABLE TO PERSONS WHO ARE RESIDENT AND DOMICILED IN CANADA OR IN OTHER COUNTRIES EXCEPT THE UNITED STATES (COLLECTIVELY THE “TERRITORY”). NONETHELESS, TO THE EXTENT POSSIBLE, PAXUM SHALL USE THE BENEFIT OF ANY AVAILABLE BANK-REGULATOR INSURANCE IN ORDER TO SECURE FUNDS FOR THE BENEFIT OF USERS. IN THE EVENT OF A FAILURE OF SUCH INSTITUTION, PAXUM’S FUNDS AVAILABLE TO REPURCHASE YOUR PAXUM DOLLARS WILL NOT NECESSARILY BE INSURED. ANY FUNDS IN A USER’S EWALLET SERVICES ACCOUNT ARE HELD BY PAXUM IN A COMMERCIAL BANK ACCOUNT AT A FINANCIAL INSTITUTION. Personal Users and Business User are both Users. ![]() A “ Business User” must use the Ewallet Services for business purposes and be the holder of an Account to be used for such purposes only. ![]() A “ Personal User” must be an individual non-business user and the holder of an Account to be used for such purposes only. Users, Personal Users and Business UsersĮveryone who uses the Ewallet Services is a “ User.” However, each User must register with Paxum through the Site as either a Personal User or a Business User. Persons are prohibited from accepting this Agreement. In the U.S., Paxum is not an ewallet or money transmitter. Paxum is registered with FinCEN because, in the U.S., it is a payment processor (pursuant to separate terms of use). financial system from illicit use and combat money laundering and promote national security through the collection, analysis, and dissemination of financial intelligence and strategic use of financial authorities. Department of the Treasury Financial Crimes Enforcement Network (“ FinCEN”) which has the mission to safeguard the U.S. Paxum is in the business of selling, redeeming and enabling the transfer of funds by way of instructions from Users of the Ewallet Services. Paxum is a money services business and is duly registered with the Financial Transactions and Reports Analysis Centre of Canada (“ FINTRAC”), Canada's financial intelligence unit, a specialized agency created to collect, analyze and disclose financial information and intelligence on suspected money laundering and terrorist activities financing. If you have any questions concerning this Agreement, please contact Paxum through the contact information provided on the Site. Please refer to the last section of this Agreement where there is a Glossary of defined terms that appear in this Agreement unless otherwise defined in the provisions below. We will refer to you in this Agreement as “ you” or as a “ User”. ![]() Please read this Agreement carefully, it is legally binding on you. By using the Ewallet Services, you are agreeing to these terms and conditions (the “ Agreement”). These are important and legally binding terms and conditions that apply to your use of the services offered through this Site, which are referred to here as the “ Ewallet Services”. Paxum Inc., a Quebec company having its address at 205-3484 Sources Boulevard, Dollard-des-Ormeax, Quebec, Canada J9B-1Z9 (“ Paxum”). This Site is owned and operated by Gestion Paxum Inc. Thank you for visiting this Gestion Paxum Inc. ![]()
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