These terms govern the use of the KyvraPay gateway and related services by merchants who have signed an offer with Kyvra Ltd. Section headings are provided for orientation; the signed offer takes precedence where the two differ.
Definitions
Terms such as "Merchant", "Acquirer", "Merchant Account", "Offer", "Rolling Reserve" and "Settlement" have the meaning given in this section.
The services
Kyvra Ltd provides a payment gateway, routing, payout and dispute-management services and arranges acquiring on the merchant’s behalf. Kyvra Ltd is not a bank and does not hold client funds beyond the settlement cycle in the offer.
Onboarding and eligibility
Merchants must provide the documents listed in the offer and keep them current. Kyvra Ltd may decline or terminate an application where a licence lapses, a prohibited business model is introduced or scheme rules require it.
Fees, reserves and settlement
Placeholder text for legal review. Replace with the approved clause before publication.
Chargebacks and disputes
Placeholder text for legal review. Replace with the approved clause before publication.
Prohibited activities
Placeholder text for legal review. Replace with the approved clause before publication.
Data and security
Placeholder text for legal review. Replace with the approved clause before publication.
Term and termination
Placeholder text for legal review. Replace with the approved clause before publication.
Liability
Placeholder text for legal review. Replace with the approved clause before publication.
Governing law
These terms are governed by the laws of England and Wales. The courts of England and Wales have exclusive jurisdiction.