Terms & Conditions

By using Paiziq's services, you agree to our terms. Advances are subject to approval, risk review, and settlement terms. Paiziq reserves the right to adjust fees and eligibility requirements.

Last updated: August 1, 2025

1. Acceptance of Terms

By accessing or using Paiziq's services, you agree to be bound by these Terms and Conditions ("Terms"). If you do not agree to these Terms, do not use our services. These Terms apply to all users of our platform and services.

2. Description of Services

Paiziq provides merchant cashflow advance services through the purchase of future receivables. Our services include:

  • Advances of up to 85% of confirmed merchant sales
  • Automated reconciliation upon settlement
  • Integration with point-of-sale and payment processing systems
  • Real-time reporting and analytics

Important: Paiziq is not a lender. Our advances are structured as purchases of future receivables, not loans.

3. Eligibility Requirements

To use our services, you must:

Business Requirements

  • • Operating business in eligible jurisdiction
  • • Minimum 6 months of processing history
  • • Consistent monthly sales volume
  • • Compatible payment processor

Legal Requirements

  • • Age 18 or older
  • • Legal authority to bind the business
  • • Provide accurate information
  • • Pass identity verification

4. Account Registration and Security

Account Information

You agree to provide accurate, current, and complete information during registration and to update such information as necessary to maintain its accuracy.

Account Security

You are responsible for:

  • Maintaining the confidentiality of your account credentials
  • All activities that occur under your account
  • Notifying us immediately of any unauthorized access
  • Using strong passwords and enabling two-factor authentication

5. Advance Terms and Conditions

Advance Structure

Advance Amount: Up to 85% of eligible receivables
Fee Structure: 1.2% - 1.5% per advance
Reconciliation: Automatic upon settlement
Settlement Period: Typically 1-5 business days

Advance Approval

All advances are subject to underwriting approval. We may decline or limit advances based on:

  • Credit and business evaluation
  • Processing history and patterns
  • Industry risk factors
  • Regulatory compliance requirements

6. User Responsibilities

You agree to:

Maintain accurate business information
Operate your business legally and ethically
Comply with all applicable laws
Maintain required licenses and permits
Use services for unauthorized purposes
Attempt to circumvent security measures
Provide false or misleading information
Engage in fraudulent activities

7. Fees and Payment Terms

Fee Structure

Our fees are clearly disclosed before each advance. Fees vary based on:

  • Business risk profile and processing history
  • Advance amount and frequency
  • Industry type and seasonal patterns
  • Account tenure and performance

Payment and Reconciliation

Advances are automatically reconciled when your payment processor settles. If settlement is delayed beyond normal timeframes, alternative collection methods may apply.

8. Limitations of Liability

TO THE MAXIMUM EXTENT PERMITTED BY LAW, PAIZIQ SHALL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, INCLUDING BUT NOT LIMITED TO LOSS OF PROFITS, DATA, OR BUSINESS INTERRUPTION, ARISING OUT OF OR RELATED TO THESE TERMS OR THE USE OF OUR SERVICES.

9. Termination

Either party may terminate the agreement with 30 days written notice. We may terminate immediately for:

  • Breach of these Terms
  • Fraudulent or illegal activity
  • Risk management concerns
  • Regulatory requirements

Upon termination, all outstanding advances must be reconciled according to the agreed terms.

10. Governing Law and Dispute Resolution

These Terms are governed by the laws of the State of Texas, without regard to conflict of law provisions.

Dispute Resolution Process

  1. Direct Communication: Contact our support team first
  2. Mediation: Non-binding mediation if direct resolution fails
  3. Arbitration: Binding arbitration for unresolved disputes

11. Changes to Terms

We may update these Terms from time to time. Material changes will be communicated at least 30 days in advance via email or platform notification. Continued use of our services after changes become effective constitutes acceptance of the updated Terms.

12. Contact Information

For questions about these Terms, please contact us:

[email protected]
1-314-669-6927
Paiziq Legal Department
PO BOX 218608
Houston, TX 77218