Terms of Use


IMPORTANT:

By using this Website you agree to abide by the terms and conditions set herein as well as our Privacy Policy which can be found on https://www.payoutsa.com/privacy-policy.

Any use of this Website creates a binding agreement to comply with these terms and conditions. If you agree to these terms and conditions without limitation or exclusions, you must immediately exit Website. You may contact us on payout@liquidbridge.co.za if you have any queries or wish to propose any changes to our terms and conditions.

If any of the terms and conditions herein or in our Privacy Policy conflict with the terms and conditions of any specific services offered on our Platform, conflicting terms and conditions of the specific services shall precede the terms and conditions in herein.

 

USER AGREEMENT

The following are terms and conditions of a legal agreement (the “Agreement”, “Terms of Use”) between you, individually or jointly and/or as an agent on behalf of the entity or another user (“you”, “user”) and Payout (Pty) Ltd. and its affiliates (“PAYOUT”, “we”, “us”, “Company”) that sets forth the terms and conditions for your use of this Website at https://www.payoutsa.com/, and including any subdomain thereof (“Website”, “Platform”, “Service”).

The Website is owned and operated by PAYOUT. The Website is being provided to you expressly subject to this Agreement. By accessing, browsing and/or using the Site, you acknowledge that you have read, understood, and agree to be bound by the terms of this Agreement and to comply with all applicable laws and regulations, regardless of whether or not you are a registered user of the Site, and that you consent to the terms and conditions set forth in our Privacy Policy.

 

AMENDMENT OF TERMS

We may amend Terms at any time by posting the amended terms on this Website. It is your responsibility to review these Terms periodically.

Your continued use of the Platform following the posting of revised Terms means that you accept and agree to the changes. You are expected to check this page frequently so you are aware of any changes, as they are binding on you.

By continuing to access or use our Platform after any revisions become effective, you agree to be bound by the revised terms. If you do not agree to the new terms, you are no longer authorized to use Service.

 

 

LIMITATIONS OF USE

You may use the Platform only for lawful purposes and in accordance with Terms. You agree not to use Platform:

 

(a)          In any way that violates any applicable national or international law or regulation.

(b)          For the purpose of exploiting, harming, or attempting to exploit or harm minors in any way by exposing them to inappropriate content or otherwise.

(c)           To transmit, or procure the sending of, any advertising or promotional material, including any “junk mail”, “chain letter,” “spam,” or any other similar solicitation.

(d)          To impersonate or attempt to impersonate Company, a Company employee, another user, or any other person or entity.

(e)          In any way that infringes upon the rights of others, or in any way is illegal, threatening, fraudulent, or harmful, or in connection with any unlawful, illegal, fraudulent, or harmful purpose or activity.

(f)           To engage in any other conduct that restricts or inhibits anyone’s use or enjoyment of Service, or which, as determined by us, may harm or offend the Company or users of the Platform or expose them to liability.

 

Additionally, you agree not to:

(a)          Use the Platform in any manner that could disable, overburden, damage, or impair the Platform or interfere with any other party’s use of the Platform, including their ability to engage in real time activities through Service.

(b)          Use any robot, spider, or other automatic device, process, or means to access the Platform for any purpose, including monitoring or copying any of the material on the Platform.

(c)           Use any manual process to monitor or copy any of the material on the Platform or for any other unauthorized purpose without our prior written consent.

(d)          Use any device, software, or routine that interferes with the proper working of the Platform.

(e)          Introduce any viruses, trojan horses, worms, logic bombs, or other material which is malicious or technologically harmful.

(f)           Attempt to gain unauthorized access to, interfere with, damage, or disrupt any parts of the Platform, the server on which Service is stored, or any server, computer, or database connected to the Platform.

(g)          Attack the Platform via a denial-of-service attack or a distributed denial-of-service attack.

(h)          Take any action that may damage or falsify Company rating.

(i)            Otherwise attempt to interfere with the proper working of the Platform.

 

 

COMMUNICATIONS

By creating an Account on our Service, you agree to subscribe to newsletters, marketing or promotional materials and other information we may send. However, you may opt out of receiving any, or all, of these communications from us by following the unsubscribe link or by emailing at payout@liquidbridge.co.za with the subject line: UNSUBSCRIBE, using your registered email address.

 

Electronic Communications: You agree Communications relating to your use of Website or related services may be provided or made available to you electronically by e-mail or at the Website or Application. You have the right to receive a free paper copy of any Communication by contacting us via our email or physical post on the details provided under “Contact Us” hereunder. We may discontinue electronic provision of Communications at any time in our sole discretion.

 

Assignment: In addition, you further acknowledge that your consent to have all Communications provided or made available to you in electronic form and to do business on or through the Service is assignable to any entity that succeeds Us in servicing your rights and obligations.

 

Changes in Your Contact Information: You agree to keep us informed of any changes in the telephone/cellphone number, email, physical/postal address you provide to us so that you continue to receive all Communications without interruption.

 

Electronic Consent and Signing: You acknowledge that your electronic acceptance via any means we provide including without limitation: “Click to Accept”, “Click to Agree”, “Click to Confirm”, SMS, email, digital signature and electronic signature of any of the Company agreements or terms and conditions shall be legally binding in accordance with the Electronic Communications and Transactions Act No. 25 of 2002

 

Permission to Contact You: By giving us your contact information (including but not limited to your telephone/cellphone number, work phone number, address and email address), you grant us permission to contact you at any of those numbers or addresses, and any other number, address or email address that you have provided in the past or may provide in the future or that we believe we may reach you through, about your Account, the Service, and about our products and services (even if you previously opted out of these types of communications). Your consent allows us to use written, electronic or verbal means to contact you, including but not limited to text messaging and emails, for all purposes not prohibited by applicable law. Some of the purposes for contacting you may include without limitation: suspected fraud or identity theft; obtaining information; transactions on or servicing of your account and rights; marketing our products and services; and transaction on or exercising our rights on your account due to us. Our rights under this Section extend to our agents, affiliates, parents, subsidiaries, and vendors.

 

Call Recordings and Monitoring: You consent to the recording and monitoring, for purposes including but not limited to quality assurance, training, risk management and/or collection purposes, of any call that you place with Us (or our agents, affiliates, representatives, third parties or anyone calling on our behalf) or that We  (or our agents, affiliates, representatives, third parties or anyone calling on our behalf) places to you.

 

 

PRICING CHANGES

Payout, in its sole discretion and at any time, may modify fees and rates it charges and pays you. Any fees and rates change will become effective immediately after publication of the new fees and rates.

 

Payout will provide you with a 24-hour notice of any change in fees and rates to give you an opportunity to terminate or pause your Account before such change becomes effective.

 

Your continued use of Service after fees and rates change comes into effect constitutes your acceptance of the new fees and rates.

Any changes to fees and rates shall not apply to payments already made or received, in the case of annual subscription, any changes shall only apply to the subsequent annual subscription period.

 

REFUNDS

Except when required by law, paid Subscription fees are non-refundable.

 

CONTENT

Our Service allows you to post, link, store, share and otherwise make available certain information, text, graphics, videos, or other material (“Content”). You are responsible for Content that you post on or through Service, including its legality, reliability, and appropriateness.

 

By posting/transmitting Content on or through Service, You represent and warrant that: (i) Content is yours (you own it) and/or you have the right to use it and the right to grant us the rights and license as provided in these Terms, and (ii) that the posting of your Content on or through Service does not violate the privacy rights, publicity rights, copyrights, contract rights or any other rights of any person or entity. We reserve the right to terminate the account of anyone found to be infringing on a copyright.

You retain any and all of your rights to any Content you submit, post or display on or through Service and you are responsible for protecting those rights. We take no responsibility and assume no liability for Content you or any third-party posts on or through Service. However, subject to our Privacy Policy and POPIA, by posting Content using the Service you grant us the right and license to use, modify, publicly perform, publicly display, reproduce, and distribute such Content on and through the Service. You agree that this license includes the right for us to make your Content available to other users of Service, who may also use your Content subject to these Terms.

Payout has the right but not the obligation to monitor and edit all Content provided by users.

In addition, Content found on or through this Service are the property of Payout or used with permission. You may not distribute, modify, transmit, reuse, download, repost, copy, or use said Content, whether in whole or in part, for commercial purposes or for personal gain, without express advance written permission from us.

 

LINKS TO THIRD-PARTY SITES

This Platform may contain links to web sites controlled, owned, and operated by third parties (the "third-party sites"). Payout cannot control and has no responsibility for the accuracy or availability of information provided on the third-party sites.

You acknowledge that use of any third-party sites is governed by the terms of use for those websites, and not by these Terms. Links to third-party sites do not constitute an endorsement or recommendation by PAYOUT of such sites or the content, products, advertising or other materials presented on such sites, but are only for your convenience and you access them at your own risk. Such third-party sites may have a privacy policy different from that of PAYOUT and the third-party site may provide less security than this Platform.

PAYOUT is not responsible for the content of any third-party web sites, nor does PAYOUT make any warranties or representations, express or implied, regarding the content (or the accuracy of such content) on any third-party websites, and PAYOUT shall have no liability of any nature whatsoever for any failure of products or services offered or advertised at such sites or otherwise.

 

ACCOUNTS

When you create an account with us, you guarantee that you are above the age of 18, and that the information you provide us is accurate, complete, and current at all times. Inaccurate, incomplete, or obsolete information may result in the immediate termination of your account on Service.

You are responsible for maintaining the confidentiality of your account and password, including but not limited to the restriction of access to your computer and/or account. You agree to accept responsibility for any and all activities or actions that occur under your account and/or password, whether your password is with our Service or a third-party service. You must notify us immediately upon becoming aware of any breach of security or unauthorized use of your account.

You may not use as a username the name of another person or entity or that is not lawfully available for use, a name or trademark that is subject to any rights of another person or entity other than you, without appropriate authorization. You may not use as a username any name that is offensive, vulgar or obscene.

We reserve the right to refuse service, terminate accounts, remove or edit content, or reject deposits in our sole discretion in so far as the law allows us to.

 

ANALYTICS 

We may use third-party Service Providers to monitor and analyse the use of our Service.

 

Google Analytics

Google Analytics is a web analytics service offered by Google that tracks and reports website traffic. Google uses the data collected to track and monitor the use of our Service. This data is shared with other Google services. Google may use the collected data to contextualise and personalise the ads of its own advertising network.

 

For more information on the privacy practices of Google, please visit the Google Privacy Terms web page: https://policies.google.com/privacy?hl=en

 

We also encourage you to review the Google's policy for safeguarding your data: https://support.google.com/analytics/answer/6004245.

 

NO USE BY MINORS

The Service is intended only for access and use by individuals at least eighteen (18) years old. By accessing or using any of the Service, you warrant and represent that you are at least eighteen (18) years of age and with the full authority, right, and capacity to enter into this agreement and abide by all of the terms and conditions of these Terms of Use. If you are not at least eighteen (18) years old, you are prohibited from both the access and usage of the Service.

 

INTELLECTUAL PROPERTY

The Service and its original content (excluding Content provided by users), features and functionality are and will remain the exclusive property of Payout and its licensors.

Intellectual Property means all present and future intellectual property rights, whether registrable or not, pertaining to or arising from and in terms of the Service, including, but not limited to, registered patents and patent applications, registered and unregistered designs and copyrights, trademarks and confidential information, technical know-how, trade secrets, source codes, new proprietary and secret concepts, techniques, processes, adaptations, ideas, technical specifications, methods and any related intellectual property rights

You do not obtain any rights in any intellectual property belonging to us. Our Website, the application, any data, information, documentation and/or creation shall be protected in accordance with the applicable laws, and you shall have no right, neither at the time of entering into this Agreement, nor at any point of time in future. All rights whether expressed or implied, and whether existing now or in the future are reserved and shall not cause or permit any actions which might endanger or damage any intellectual property belonging to us.

 

COPYRIGHT POLICY 

We respect the intellectual property rights of others. It is our policy to respond to any claim that Content posted on Service infringes on the copyright or other intellectual property rights (“Infringement”) of any person or entity.

 

If you are a copyright owner, or authorized on behalf of one, and you believe that the copyrighted work has been copied in a way that constitutes copyright infringement, please submit your claim via email to payout@liquidbridge.co.za, with the subject line: “Copyright Infringement” and include in your claim a detailed description of the alleged Infringement as detailed below, under “Procedure for Copyright Infringement Claims”

 

You may be held accountable for damages (including costs and attorneys' fees) for misrepresentation or bad-faith claims on the infringement of any Content found on and/or through Service on your copyright.

 

PROCEDURE FOR COPYRIGHT INFRINGEMENT CLAIMS

You may submit a notification to Us with the following information in writing:

(a)          an electronic or physical signature of the person authorized to act on behalf of the owner of the copyright's interest;

(b)          a description of the copyrighted work that you claim has been infringed, including the URL (i.e., web page address) of the location where the copyrighted work exists or a copy of the copyrighted work;

(c)           identification of the URL or other specific location on Service where the material that you claim is infringing is located;

(d)          your address, telephone number, and email address;

(e)          a statement by you that you have a good faith belief that the disputed use is not authorized by the copyright owner, its agent, or the law;

(f)           a statement by you, made under penalty of perjury, that the above information in your notice is accurate and that you are the copyright owner or authorized to act on the copyright owner's behalf.

You can contact us via email at payout@liquidbridge.co.za

 

ADDITIONAL TERMS AND OTHER AGREEMENTS

This Agreement shall be subject to any other agreements you have entered into with Us.

Certain sections or pages on the Platform may contain separate terms and conditions of use, which are in addition to the terms and conditions of this Agreement. In the event of a conflict, the additional terms and conditions will govern for those sections or pages.

 

ERROR REPORTING AND FEEDBACK

You may provide us directly at payout@liquidbridge.co.za or contact your Bridge Manager or Bridge Introducer with information and feedback concerning errors, suggestions for improvements, ideas, problems, complaints, and other matters related to our Service (“Feedback”). You acknowledge and agree that: (i) you shall not retain, acquire or assert any intellectual property right or other right, title or interest in or to the Feedback; (ii) Company may have development ideas similar to the Feedback; (iii) Feedback does not contain confidential information or proprietary information from you or any third party; and (iv) Company is not under any obligation of confidentiality with respect to the Feedback. In the event the transfer of the ownership to the Feedback is not possible due to applicable mandatory laws, you grant Company and its affiliates an exclusive, transferable, irrevocable, free-of-charge, sub-licensable, unlimited and perpetual right to use (including copy, modify, create derivative works, publish, distribute and commercialize) Feedback in any manner and for any purpose.

 

 

DISCLAIMER OF WARRANTY

THESE SERVICES ARE PROVIDED BY COMPANY ON AN “AS IS” AND “AS AVAILABLE” BASIS. THE COMPANY MAKES NO REPRESENTATIONS OR WARRANTIES OF ANY KIND, EXPRESS OR IMPLIED, AS TO THE OPERATION OF THEIR SERVICES, OR THE INFORMATION, CONTENT OR MATERIALS INCLUDED THEREIN. YOU EXPRESSLY AGREE THAT YOUR USE OF THESE SERVICES, THEIR CONTENT, AND ANY SERVICES OR ITEMS OBTAINED FROM US IS AT YOUR SOLE RISK.

NEITHER THE COMPANY NOR ANY PERSON ASSOCIATED WITH THE COMPANY MAKES ANY WARRANTY OR REPRESENTATION WITH RESPECT TO THE COMPLETENESS, SECURITY, RELIABILITY, QUALITY, ACCURACY, OR AVAILABILITY OF THE SERVICES. WITHOUT LIMITING THE FOREGOING, NEITHER THE COMPANY NOR ANYONE ASSOCIATED WITH THE COMPANY REPRESENTS OR WARRANTS THAT THE SERVICES, THEIR CONTENT, OR ANY SERVICES OR ITEMS OBTAINED THROUGH THE SERVICES WILL BE ACCURATE, RELIABLE, ERROR-FREE, OR UNINTERRUPTED, THAT DEFECTS WILL BE CORRECTED, THAT THE SERVICES OR THE SERVER THAT MAKES IT AVAILABLE ARE FREE OF VIRUSES OR OTHER HARMFUL COMPONENTS OR THAT THE SERVICES OR ANY SERVICES OR ITEMS OBTAINED THROUGH THE SERVICES WILL OTHERWISE MEET YOUR NEEDS OR EXPECTATIONS.

THE COMPANY HEREBY DISCLAIMS ALL WARRANTIES OF ANY KIND, WHETHER EXPRESS OR IMPLIED, STATUTORY, OR OTHERWISE, INCLUDING BUT NOT LIMITED TO ANY WARRANTIES OF MERCHANTABILITY, NON-INFRINGEMENT, AND FITNESS FOR PARTICULAR PURPOSE.

THE FOREGOING DOES NOT AFFECT ANY WARRANTIES WHICH CANNOT BE EXCLUDED OR LIMITED UNDER APPLICABLE LAW.

 

LIMITATION OF LIABILITY

EXCEPT AS PROHIBITED BY LAW, YOU WILL HOLD US AND OUR OFFICERS, DIRECTORS, EMPLOYEES, AND AGENTS HARMLESS FOR ANY INDIRECT, PUNITIVE, SPECIAL, INCIDENTAL, OR CONSEQUENTIAL DAMAGE, HOWEVER IT ARISES (INCLUDING ATTORNEYS' FEES AND ALL RELATED COSTS AND EXPENSES OF LITIGATION AND ARBITRATION, OR AT TRIAL OR ON APPEAL, IF ANY, WHETHER OR NOT LITIGATION OR ARBITRATION IS INSTITUTED), WHETHER IN AN ACTION OF CONTRACT, NEGLIGENCE, OR OTHER TORTIOUS ACTION, OR ARISING OUT OF OR IN CONNECTION WITH THIS AGREEMENT, INCLUDING WITHOUT LIMITATION ANY CLAIM FOR PERSONAL INJURY OR PROPERTY DAMAGE, ARISING FROM THIS AGREEMENT AND ANY VIOLATION BY YOU OF ANY LEGISLATIVE LAWS, STATUTES, RULES, OR REGULATIONS, EVEN IF COMPANY HAS BEEN PREVIOUSLY ADVISED OF THE POSSIBILITY OF SUCH DAMAGE. EXCEPT AS PROHIBITED BY LAW, IF THERE IS LIABILITY FOUND ON THE PART OF THE COMPANY, IT WILL BE LIMITED TO THE AMOUNT PAID FOR THE PRODUCTS AND/OR SERVICES, AND UNDER NO CIRCUMSTANCES WILL THERE BE CONSEQUENTIAL OR PUNITIVE DAMAGES. SOME STATES DO NOT ALLOW THE EXCLUSION OR LIMITATION OF PUNITIVE, INCIDENTAL OR CONSEQUENTIAL DAMAGES, SO THE PRIOR LIMITATION OR EXCLUSION MAY NOT APPLY TO YOU.

 

TERMINATION

We may terminate or suspend your account and bar access to Service immediately, without prior notice or liability, under our sole discretion, for any reason whatsoever and without limitation, including but not limited to a breach of these Terms of Use.

If you wish to terminate your account, you may simply discontinue using Service subject to specific account terms and conditions.

All provisions of the Terms of Use which by their nature should survive termination shall survive termination, including, without limitation, ownership provisions, warranty disclaimers, indemnity and limitations of liability.

 

GOVERNING LAW

These Terms of Use shall be governed and construed in accordance with the laws of Republic of South Africa without regard to its conflict of law provisions. 

Our failure to enforce any right or provision of these Terms of Use will not be considered a waiver of those rights. If any provision of Terms of Use is held to be invalid or unenforceable by a court, the remaining provisions of Terms of Use will remain in effect. These Terms of Use constitute the entire agreement between us regarding our Service and supersede and replace any prior agreements we might have had between us regarding Service.

 

CHANGES TO SERVICE

We reserve the right to withdraw or amend our Service, and any service or material we provide via Service, in our sole discretion without notice. We will not be liable if for any reason all or any part of Service is unavailable at any time or for any period. From time to time, we may restrict access to some parts of Service, or the entire Service, to users, including registered users.

 

WAIVER AND SEVERABILITY

No waiver by the Company of any term or condition set forth in these Terms of Use shall be deemed a further or continuing waiver of such term or condition or a waiver of any other term or condition, and any failure of the Company to assert a right or provision under Terms shall not constitute a waiver of such right or provision.

If any provision of Terms of Use is held by a court or other tribunal of competent jurisdiction to be invalid, illegal or unenforceable for any reason, such provision shall be eliminated or limited to the minimum extent such that the remaining provisions of Terms of Use will continue in full force and effect.

 

ACKNOWLEDGEMENTS

BY USING SERVICE OR OTHER SERVICES PROVIDED BY US, YOU ACKNOWLEDGE THAT YOU HAVE READ THESE TERMS OF USE AND AGREE TO BE BOUND BY THEM.

 

CONTACT US

Please send your feedback, comments, requests for technical support:

By email: payout@liquidbridge.co.za

 

By visiting this page on our website to access various communications channels: https://www.payoutsa.com/

Disclaimer:

By using this website, you agree to our Terms of Use and Privacy Policy. 

Payout (Pty) Ltd. is administered by Liquid Bridge Fund (Pty) Ltd.

All rights reserved @2024 Payout (Pty) Ltd.