Last updated: 26 December 2025
PLEASE READ THESE TERMS AND CONDITIONS CAREFULLY BEFORE USING THIS SITE AND OUR SERVICES
1.1. By registering on the Site, You enter into a legally binding relationship with Liknot Ltd., governed by this Agreement. This relationship establishes the rights and obligations applicable to the use of the Service, including associated risks, limitations, and responsibilities.
1.2. This Agreement is provided and concluded in English. Your use of the Service constitutes Your acceptance of this Agreement.
1.3. The Company operates this website under the trade name PAY-MAN (hereinafter “Company”, “We”, or “Us”). Liknot Ltd. is registered in the United Kingdom with company number 13819411, with its registered office at 85 Great Portland Street, First Floor, London, W1W 7LT, United Kingdom.
1.4. You can contact the Company at [email protected]. Our business hours are Monday to Friday, 09:00 to 17:00 GMT.
1.5. The Service is available worldwide; however, access may be restricted or unavailable in certain jurisdictions. Always check Our Site for current availability.
1.6. Key terms:
2.1. This Agreement contains the entire agreement on the subject matter hereof. No statement made after conclusion shall override this Agreement.
2.2. If any provision is invalid or unenforceable, it shall not affect the remaining provisions.
2.3. You are responsible for compliance with all applicable laws in Your jurisdiction related to Your use of the Service.
2.4. The Service is intended for business and personal use (B2B and B2C).
3.1. We provide the Service for processing DC payments and enabling DC-to-FC exchange. We do not provide custody services.
3.2. You authorise Us to receive, hold, and disburse funds and take actions necessary to provide the Service and comply with applicable law, including KYC and AML obligations.
4.1. DC transactions are not considered legal tender under UK law or any other jurisdiction.
4.2. DC-to-FC exchange does not constitute currency exchange under financial regulations.
4.3. Supported DCs are not investment instruments under relevant securities legislation.
4.4. PAY-MAN is not regulated by the Bank of England or any other financial supervisory authority.
5.1. Our obligations:
5.2. Your obligations:
6.1. The Site and Software are subject to copyright; We own all intellectual property rights.
6.2. You are granted a non-exclusive, non-transferable license to use the Software for the term of this Agreement.
6.3. We may modify the Software; the license applies immediately to updated versions.
6.4. You may use PAY-MAN logos for marketing only; proprietary rights to DC names/logos remain external.
7.1. You warrant that Your use of the Service:
7.2. You have the authority to enter this Agreement.
7.3. No transaction submitted shall be used for criminal purposes, speculative DC/FC trades, or to split payments to bypass limits.
7.4. We disclaim all warranties regarding the Service, except as mandated by law.
7.5. Maximum liability to You is limited to 500 EUR.
7.6. We are not liable for delays caused by third parties or events outside Our reasonable control.
8.1. Fees are specified in the Fee Schedule available on site.
8.2. We may amend the Fee Schedule; notification will be provided via the Site.
9.1. You must open an account to use the Service. Information must be accurate and updated.
9.2. We may request documents for identity verification to comply with KYC/AML obligations.
9.3. We may delist DC/FC via notification, with reasonable time to withdraw balances.
9.4. We reserve the right to reject registration or close accounts.
10.1. Daily and per-transaction limits may apply based on legal requirements and KYC status.
10.2. You must adhere to these limits; refusal to process transactions above limits is not a breach.
11.1. You are responsible for maintaining records required by law.
11.2. We may request supporting information, which You must provide.
12.1. You are responsible for verifying customer identities and providing information for AML compliance.
12.2. We may request additional information as required by law; You must comply.
13.1. We may refuse transactions suspected of violating this Agreement or applicable laws.
13.2. We may report suspected illegal activity to authorities.
14.1. You must provide identification or other required documents upon request. Failure may result in account termination.
15.1. We implement security measures but cannot guarantee against all unauthorized access.
15.2. We may share account information with banks or partners as needed for Service provision.
16.1. By using the Service, You consent to the use of Your public business information for marketing and directory listings. You warrant rights to provide such information.
17.1–17.6. Invoice creation, exchange rate fixation, underpayments, overpayments, and expired payments follow the Confirmo model, adapted to PAY-MAN USD/EUR support.
18.1–18.4. Payments processed in DC, posted to Your account, settlements in USD/EUR. Unsupported DCs are not accepted.
19.1–20.6. Underpayment, overpayment, expired payments, automatic/manual resolution, fees, and refund rules follow the Confirmo model.
21.1–21.4. Refunds processed in DC/FC; exchange rate at request time applied; fees may apply.
22.1–24.1. DC and FC settlements, linked accounts, timing, and statements.
25.1–25.4. Instructions, processing, funding obligations, and fees for payouts.
26.1–26.6. PAY-MAN account is a claim against the Company; balances not segregated; deposits, exchanges, withdrawals, and abandoned account rules.
27.1–27.5. Agreement effective upon registration; may be amended; termination rights for both parties.
28.1–28.3. You are responsible for any taxes; PAY-MAN does not collect taxes unless legally required.
29.1. You may not transfer rights without prior written consent.
30.1. Electronic communications are “in writing” for legal purposes.
31.1. UK law applies. Disputes resolved by UK courts.
32.1. PAY-MAN is not liable for failure or delay caused by Events Outside Control. Notifications provided when possible.
33.1–33.2. You are responsible for payments, instructions, and obligations; Company may offset amounts owed from account balance.
34.1–34.8. Liability limited to 500 EUR, excluding death, personal injury, or fraud; indemnification for misuse, violations, or unauthorized activity.