Waived Trans Fee.
No Monthly Fee
No Hidden Fee
No Setup Fee
No Rental Fee

Term & Conditions

1. General
1.1. Our Services enable you to accept payment card transactions (“Transaction”) for your customers (“Cardholder”) with the use of your compatible mobile device, our App and a Terminal. We provide an updated list of all the accepted payment cards on our website.
1.2. You can use the Services through a Terminal provided by us. When you accept Transactions using one of our Terminals, the Terminal will be used to process and authorize Transactions between the payment card and our servers. The services only allow for card present processing.
1.3 We may provide you with card-not-present payment services that enable you to accept e-commerce payments through a third party application (a “Partner Application”) i.e. through a mobile Application or a website, provided to you by a partner (the “Partner”) under a separate commercial relationship between you and the Partner. In case you only accept e-commerce Payments, the provisions of this Agreement relating to Card Readers and procedures relating to a card being presented by the payer do not apply to you.
We are only responsible for the payment services provided as part of the partner application. We are not responsible for the functionality of the Partner Application or any service provided to you or card holders by the Partner.
If agreed between you and the Partner, we may charge fees that not only cover our transaction fees but also include a charge on behalf of the Partner to collect funds that you owe to a Partner under the separate commercial agreement you have with the Partner (the “Partner Charge”).
1.4. We will cause any funds resulting from your Transactions to be credited to us and will pay out any amounts owed to you under these Terms to your bank account after we have received them ("Payout"). Before each Payout we will deduct the applicable fees (“Fees”). In case you select a pricing plan (“Plan”) you shall pay any applicable recurring fees based on the Plan you select. Our current Fees and Plans are listed on our website.
1.5. Our obligations under these Terms are limited to providing you with an Account and the Services. We will use all reasonable means to provide the Services to you twenty-four (24) hours a day, seven (7) days a week, all year. We may, however, suspend at our reasonable discretion the Services to be provided to you or limit the duration of the Services in order to perform maintenance services or if required by law or if you have failed to comply with material obligations under these Terms or if there is reasonable suspicion of money laundering or terrorist financing.
1.6. We provide you with a Transaction history and further analysis systems, if applicable.
1.7. We may at any time update or modify the Services with immediate effect without prior notification.
1.8. We reserve the right to appoint a third party in order to fulfill some or all of our obligations under these Terms.
1.9 I assume responsibility for the loss of this equipment and agrees to reimburse CADPAY for the cost to replace any equipment that is stolen, lost or damaged beyond reasonable repair. 

1.10 Provided there is no physical damage to equipment, CADPAY will replace equipment that is not working at no additional cost.
1.11 Merchants may cancel their accounts at any time and return equipment. If the returned equipment is in good physical condition, CADPAY will charge $99.00 equipment for Re-in stock fee.
2. Cadpay Account
2.1. To use the Services of Cadpay you must register and sign up for a Cadpay Account (“Account”). You confirm that all information submitted by you about you and/or your business is valid at the time of entering into these Terms. You must also keep the information that you provide up-to-date. We reserve the right to suspend or terminate the Services of anyone who provides inaccurate, untrue, or incomplete information, or who fails to comply with the account registration requirements. Upon successful sign-up, you will receive a confirmation email to your primary, registered email address. You may open only one (1) Account, unless we explicitly approve the opening of additional Accounts or sub-Accounts. You must ensure that the information recorded on your Account is always accurate and up to date.
2.2. You must choose a reasonably descriptive identification name that - if different from your company name - clearly identifies you or your business and provide your correct contact phone number. The identification name and the contact number may appear on the Cardholder’s credit or debit card statement.
2.3. When you have registered and signed up for an Account and accepted these Terms, we may perform a credit check on you and may require you to supply additional documentation in order for us to be able to carry out any necessary checks in accordance with applicable anti-money laundering and anti-terrorism financing laws and regulations as determined by us in our sole discretion. We shall obtain such credit information and make such additional checks and you shall assist us in that regard to the extent necessary.
2.4. The decision whether your identity has been properly verified according to section 2.3 will be entirely at our discretion. Until you have been successfully identified and verified by us, these Terms constitute a preliminary agreement that binds you fully and we reserve the right to terminate or not to start to provide any Services under these Terms at any time during this period.
2.5. Your Account will be registered on one of our servers. We will hold an amount equal to any amounts owed to you by us separated from our own funds, but together with the amounts held on behalf of other Accounts, in a segregated bank.
2.6. Funds owed to you by us will be paid out to a valid bank account designated by you in your Account.
2.7. If there is no activity in your Cadpay Account for two (2) years, consecutively, we will be entitled to send a notification to your registered email address and in case you do not respond to our notice within thirty (30) days and state that you want to keep your Account, we will automatically close your Account. Your funds will be handled according to applicable law, and if permitted, accrue to Cadpay.
3. Restrictions of Using the Services
3.1. In order to use our Services you require a compatible mobile device and Internet connection services supplied to you by third parties. Such third parties may charge you for using a mobile device and/or Internet connection to access the Services and you are solely responsible for the payment of such fees.
3.2. By accepting these Terms you confirm that you are either a legal resident of the United States, a United States citizen, or a business entity authorized to conduct business by the state(s) in which you operate. The Services may only be used for business purposes in the fifty states of the United States of America. You may not export the Services directly or indirectly, and you acknowledge that the Services may be subject to export restrictions imposed by US law.
3.3. If you are a natural person, you must be eighteen (18) years or older to use the Services. We may require at any time that you provide evidence of your age.
3.4. By accepting these terms you also agree to the network rules (“Network Rules”) as set forth by the credit card organizations including, but not limited to Visa, Mastercard and American Express (together, “Card Schemes”). The Networks require that you comply with all applicable bylaws, rules, and regulations (“Network Rules”)and may force termination or limitation of this agreement at any time.
3.5. The Networks amend their rules and regulations from time to time. Cadpay may be required to change this Agreement in connection with amendments to the Network Rules. The Networks may, at their sole discretion, limited or terminate the Services.
3.6. The Network Rules may require that some of our Yous enter into a separate agreement with one of our acquiring bank partners or the Card Schemes themselves depending on their volume of Transactions. If you are such a You we will notify you and provide you with a separate agreement at such time. In case of any conflict between these Terms and such acquirer agreement, the terms of the acquirer agreement shall prevail for the purposes of resolving this conflict.
3.7. Without explicit prior authorization by us, you are not entitled to accept Transactions, related to goods and/or services, including, but not limited to, (i) goods that are not provided for your own account or are provided by order of any third party other than you; (ii) that are not provided in the ordinary course of your business as identified to us, including accepting repayments of a credit previously granted or of a cash payment previously made by you to the Cardholder; (iii) involving or being connected to any illegal content, content that is subject to protection of minors according to applicable law or instructions for making weapons or explosives; (iv) that are related to gambling services, whether illegal or not, under any applicable laws; (v) that are related to sex shops or pornographic entertainment; (vi) that are related to weapons or illegal drugs or products; (vii) that are related to alcohol or tobacco to the extent that alcohol and tobacco represent the only products sold by your business; (viii) that we reasonably believe to be capable of damaging any of the Card Schemes' or our reputation; (ix) that are related to Money Laundering and Terrorism Financing; (x) that are prohibited under any laws or regulations applicable to you, to the cardholder or to any of your products or services, or which are otherwise illegal. We shall at our sole discretion decide whether your use of the Services shall be deemed attributable to any of the above products or services and therefore not in accordance with the Terms. We reserve the right in our sole discretion, to add categories of prohibited transactions or business categories by adding such categories either to these Terms or an acceptable use policy published on our website.
3.8. You may not carry out payment transactions with Cards belonging to you or registered in your name.
3.9. If you submit to us or attempt to submit to us any Transaction we believe is in violation of these Terms or the law and/or exposes us, other users of our Services or our processors to harm (including without limitation fraud, brand or reputation damage or criminal acts) we reserve the right not to authorize, to suspend or reverse the Transaction; and/or to close or suspend your Account; and/or to report the transaction to the relevant law enforcement agency; and/or to claim damages from you; and/or charge you an administration fee of up to $200 in case we apply any of the above.
3.10 In accordance with the network rules, you agree to the following prohibitions; (i) You must not require a Cardholder to complete a postcard or similar device that includes the Cardholder’s Account Number, Card expiration date, signature, or any other Card account data in plain view when mailed. (ii) You must not add any tax to Transactions, unless applicable law expressly requires that you be permitted to impose a tax. Any tax amount, if allowed, must be included in the Transaction amount and not collected separately. (iii) You must not request or use an Account Number for any purpose other than as payment for its goods or services. (iv) You must not disburse funds in the form of travelers cheques, if the sole purpose is to allow the Cardholder to make a cash purchase of goods or services from you. (v) You must not disburse funds in the form of cash, unless dispensing funds in the form of travelers cheque, Travel Money cards, or foreign currency. In this case, the Transaction amount is limited to the value of the travelers cheques, Travel Money cards, or foreign currency. Pluse any commission or fee charged by the you. (vi) You must not enter into interchange any Transaction Receipt for a Transaction that was previously charged back to the Acquirer and subsequently returned to you, irrespective of Cardholder approval. You may pursue payment from the customer outside the system (vii) You must not accept a Visa Consumer Credit Card or Commercial Visa Product, issues by a U.S. Issuer, to collect or refinance an existing debt. (viii) You must not accept a Card to collect or refinance an existing debit that has been deemed noncollectable by you providing the associated goods or services. (ix) You must not enter into interchange a transaction that represents collection of a dishonored check.
4. Terminals & Software
4.1. You can purchase, lease or borrow our Terminals at a purchase price or lease terms as determined by us from time to time or as published on our website. Separate terms may apply for the purchase.
4.2. You can use only one Terminal per Account. Upon request we may supply you with several Terminals for any additional Account or sub-Accounts.
4.3. You are not allowed to sell, rent, license or transfer the Terminal to a third party or allow the use of the Terminal by a third party. You are also not allowed to modify the software or the hardware of the Terminal in any way. You must not use the Terminal for any purpose other than accepting Transactions through your installed version of the App.
4.4. Except for any given purchase of the Terminal, at our request, you shall return the Terminal to us, either upon termination or expiry of these Terms or in order to replace an existing Terminal. In case you terminate these Terms, you shall return the Terminal at your own cost.
4.5. You shall install any and all App updates to continue using the Services.
5. Your Obligations
5.1. You may initiate payments under these Terms by exclusively using Terminals that were provided to you by us.
5.2. You shall not accept any Transactions where the payment card does not contain all of the elements that are typical for that type of card, where the payment card appears to be manipulated or damaged or where the payment card has expired.
5.3. Without our permission you must not set a minimum threshold that is higher than $1.00 for any Transaction. Furthermore, you will provide Cardholders with at least equal conditions as you provide to those customers who pay in cash for your goods and/or services and that you will not charge Cardholders any additional amounts or surcharges.
5.4. You must monitor your Account and your Transaction history and refund to the respective Cardholder any Transactions that you received in error or the excess where the amount of the Transaction was wrong.
5.5. You shall promptly inform us of any changes in the information that you provided at the time of entering into these Terms, including changes in the type or nature of your business, changes in the product range, any sale or lease of your company or any other change of ownership, any change of the legal form or name of your company, changes of the address or bank account details of the company, a material adverse change in your financial condition and changes in the information that you have provided in accordance with the laws against money laundering or terrorist financing.
5.6. You shall display any Cadpay advertisement material that you receive from us in plain view at your business premises. Such material may include stickers for your store, shop or car window with the Cadpay logo and/or the Card Schemes’ logos or signs or leaflets required to be displayed by the Card Schemes, law or Cadpay.
5.7. You shall make available to the Cardholder a paper-based receipt of the Transaction if required by law or Card Scheme regulations. Additionally, you may provide Cardholders with an option (but not in lieu of a paper-based receipt if such is required by law) to receive a receipt for the Transaction via email or text message.
5.8. You acknowledge that you are solely responsible to ensure that your Account login details are kept secure from any other person, that no user of the Terminal shall manipulate the data input and that there is no unauthorized use of your Account, Terminals or of any other confidential information associated with the use of the Services. If you suspect or know your Account has been used without authorization you have to notify us immediately and/or change your login password via our website. We will take reasonable actions to prevent unauthorized use of your data once we receive such notification.
5.9. You are obligated to comply with the applicable provisions of the Card Industry Data Security Standard (PCI-DSS) during the duration of these terms ("PCI Compliance"). In particular, you must comply with these regulations with regards to the storage, processing and transmission of payment card data. Information about the PCI-DSS is available on the website of the PCI Council.

5.10. You must promptly review any statements (e.g. invoices or settlement statements) provided by us as well as the settlements, refunds, charge backs or any other transactions, paid or charged to your bank account or the Cardholder. You must object to the statement without undue delay, at the latest within twenty-five (25) business days (“Business Day” means any day from Monday to Friday but not including public holidays or other public holidays in the CANADA) after receipt of the relevant statement or date of the respective payment. Failure to object in time shall be deemed an approval. We reserve the right to reissue corrected statements or correct any payments after the expiration of this deadline. Except as required by law, you shall be solely responsible for keeping records of all Transactions and other data related to your Account and your use of the Services.