Terms and Agreements

1. Acceptance of Terms

By creating an account and utilizing the RCPAY PLUS Payment Gateway ("Service"), you ("Merchant", "You", or "Your") agree to be bound by these Terms and Agreements. If you do not agree to these terms, you may not access or use the Service.

2. KYC and AML Compliance

RCPAY PLUS strictly adheres to Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations mandated by the Bangko Sentral ng Pilipinas (BSP).

• You must provide accurate, current, and complete business and personal identification (Valid Government ID and DTI/SEC registration).
• Account activation is contingent upon the manual review and approval of your submitted documents.
• RCPAY PLUS reserves the right to reject, suspend, or terminate accounts providing fraudulent or expired documentation.

3. Prohibited Activities

You agree not to use the RCPAY PLUS Service to process payments for any of the following restricted activities:

• Illegal drugs, narcotics, or unregulated pharmaceuticals.
• Unlicensed gambling, betting, or lottery operations.
• Adult content, escort services, or explicit materials.
• Fraudulent businesses, scam operations, or unauthorized multi-level marketing (MLM).
• Weapons, firearms, or explosives.

Any violation of this section will result in immediate permanent account termination and forfeiture of pending settlement funds.

4. Fees and Settlements

RCPAY PLUS applies processing and withdrawal fees to transactions. By using the Service, you authorize RCPAY PLUS to deduct applicable fees directly from your ledger balance.

• Standard withdrawal/payout requests require a minimum amount of ₱100.00.
• A fixed processing fee or percentage is deducted per successful transaction based on your active fee tier.
• A fixed processing fee is deducted per withdrawal request.
• Settlements are processed based on the banking hours of the respective financial institutions.

5. Account Security

You are solely responsible for maintaining the confidentiality of your Master Password and API Secret Keys. RCPAY PLUS will not be liable for any loss or damage arising from your failure to protect your credentials. All API requests made using your credentials will be deemed authorized by you.

6. Limitation of Liability

To the maximum extent permitted by law, RCPAY PLUS shall not be liable for any indirect, incidental, special, consequential, or punitive damages, including loss of profits, data, or goodwill, resulting from your use of or inability to use the Service, unauthorized access to your data, or any technical downtimes from our third-party banking partners.

7. Modifications to Terms

RCPAY PLUS reserves the right to modify these terms at any time. We will notify merchants of significant changes via the Merchant Dashboard or via email. Continued use of the Service after modifications constitutes acceptance of the new terms.