Terms of Service

1. Acceptance of Terms

By accessing or using the Verifex API, website, dashboard, or any related services (collectively, the "Service"), you agree to be bound by these Terms of Service ("Terms"). If you are using the Service on behalf of an organization, you represent and warrant that you have the authority to bind that organization to these Terms.

If you do not agree to these Terms, you must not access or use the Service. We reserve the right to modify these Terms at any time. Continued use of the Service after changes constitutes acceptance of the modified Terms.

2. Description of Service

Verifex provides a real-time sanctions and watchlist screening API. The Service allows developers and businesses to submit names of persons or entities and receive screening results indicating whether those names match entries on publicly available international sanctions lists, including but not limited to OFAC SDN, UN Security Council, EU Consolidated List, UK HM Treasury, and World Bank Debarred lists.

The Service includes access to the screening API, a developer dashboard for managing API keys and viewing usage statistics, and related documentation. The specific features available to you depend on your subscription plan.

3. Account Registration and API Keys

To use the Service, you must create an account by providing a valid email address and password. You are responsible for maintaining the confidentiality of your account credentials and for all activities that occur under your account.

Upon registration, you may generate one or more API keys through the dashboard. API keys are sensitive credentials that grant access to the Service on your behalf. You are solely responsible for keeping your API keys secure. You must not share, publish, or embed API keys in client-side code, public repositories, or any location accessible to unauthorized parties.

You agree to notify us immediately at hello@verifex.dev if you become aware of any unauthorized use of your account or API keys. Verifex is not liable for any loss or damage arising from your failure to safeguard your credentials.

4. Acceptable Use

You agree to use the Service only for lawful purposes and in accordance with these Terms. Specifically, you agree not to:

• Use the Service for any purpose that violates any applicable local, state, national, or international law or regulation.
• Attempt to gain unauthorized access to the Service, other accounts, computer systems, or networks connected to the Service.
• Use automated tools, bots, or scripts to access the Service in a manner that exceeds reasonable use or circumvents rate limits, unless explicitly permitted by your subscription plan.
• Resell, redistribute, or sublicense access to the API or its results to third parties without prior written consent from Verifex.
• Use the Service to build a competing sanctions screening product.
• Submit requests designed to overload, disrupt, or impair the Service or its infrastructure.
• Use the Service for discriminatory purposes, harassment, or any activity that violates the rights of others.

Verifex reserves the right to investigate and take appropriate action against anyone who, in our sole discretion, violates this provision, including suspending or terminating the violator's account without notice or refund.

5. Important Disclaimer Regarding Compliance

6. Payment Terms

Verifex offers both free and paid subscription plans. Paid subscriptions are processed through our payment provider, Lemon Squeezy, which acts as the Merchant of Record for all transactions.

• Billing Cycle: Paid subscriptions are billed on a monthly recurring basis. Your subscription automatically renews at the end of each billing cycle unless you cancel before the renewal date.
• Plan Changes: You may upgrade or downgrade your plan at any time through the dashboard. Upgrades take effect immediately with prorated charges. Downgrades take effect at the start of the next billing cycle.
• Refund Policy: If you are unsatisfied with the Service, you may request a full refund within 7 days of your initial purchase. After the 7-day period, subscription payments are non-refundable. Refund requests should be sent to hello@verifex.dev.
• Failed Payments: If a payment fails, we will attempt to process the payment again. If payment cannot be collected after reasonable attempts, your account may be downgraded to the Free plan.
• Taxes: All prices are exclusive of applicable taxes. Lemon Squeezy handles tax calculation and collection as required by law.

7. API Rate Limits and Quotas

Each subscription plan includes defined rate limits (requests per minute) and monthly screening quotas. The current limits are:

If you exceed your rate limit, the API will return HTTP 429 (Too Many Requests). If you exceed your monthly screening quota, the API will return HTTP 402 (Payment Required) until your quota resets at the start of the next billing cycle or you upgrade your plan.

Verifex reserves the right to modify rate limits and quotas. We will provide reasonable notice before making changes that materially affect existing paid subscribers.

8. Intellectual Property

Our Property: The Verifex platform, including its API, website, dashboard, documentation, screening algorithms, brand, and all related software and technology, is the intellectual property of Verifex and is protected by applicable intellectual property laws. These Terms do not grant you any right, title, or interest in the Service beyond the limited right to use it in accordance with these Terms.

Your Data: You retain all ownership rights to the data you submit to the Service and the screening results you receive. We claim no intellectual property rights over the queries you submit or the results returned by the API.

Sanctions Data: The sanctions data used by Verifex is sourced from publicly available government lists. Verifex does not claim ownership of this underlying government data.

9. Termination

You may terminate your account at any time by contacting us at hello@verifex.dev or through the dashboard settings. Upon termination, your API keys will be immediately deactivated and your access to the Service will cease.

Verifex may suspend or terminate your account at any time, with or without notice, if we reasonably believe that you have violated these Terms, engaged in fraudulent or abusive behavior, or if required by law. In the case of termination for cause, no refund will be issued for any prepaid subscription fees.

Sections of these Terms that by their nature should survive termination (including but not limited to Sections 5, 8, 10, 11, and 12) will survive any termination or expiration of these Terms.

10. Limitation of Liability

TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, VERIFEX AND ITS OFFICERS, DIRECTORS, EMPLOYEES, AND AGENTS SHALL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, INCLUDING BUT NOT LIMITED TO LOSS OF PROFITS, DATA, BUSINESS OPPORTUNITIES, OR GOODWILL, ARISING OUT OF OR IN CONNECTION WITH YOUR USE OF OR INABILITY TO USE THE SERVICE, EVEN IF WE HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

WITHOUT LIMITING THE FOREGOING, VERIFEX SHALL NOT BE LIABLE FOR ANY DAMAGES, LOSSES, OR PENALTIES ARISING FROM: (A) YOUR RELIANCE ON SCREENING RESULTS FOR COMPLIANCE DECISIONS; (B) ANY MISSED, INACCURATE, OR INCOMPLETE SANCTIONS MATCHES; (C) REGULATORY ACTIONS, FINES, OR PENALTIES IMPOSED ON YOU OR YOUR ORGANIZATION; OR (D) DELAYS OR INTERRUPTIONS IN THE SERVICE.

IN NO EVENT SHALL OUR TOTAL AGGREGATE LIABILITY TO YOU FOR ALL CLAIMS ARISING OUT OF OR RELATING TO THESE TERMS OR THE SERVICE EXCEED THE GREATER OF (A) THE AMOUNT YOU PAID TO VERIFEX IN THE TWELVE (12) MONTHS PRECEDING THE CLAIM, OR (B) ONE HUNDRED U.S. DOLLARS ($100).

11. Disclaimer of Warranties

THE SERVICE IS PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS WITHOUT WARRANTIES OF ANY KIND, WHETHER EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, NON-INFRINGEMENT, OR COURSE OF PERFORMANCE.

VERIFEX DOES NOT WARRANT THAT THE SERVICE WILL BE UNINTERRUPTED, TIMELY, SECURE, OR ERROR-FREE, THAT THE RESULTS OBTAINED FROM THE SERVICE WILL BE ACCURATE OR RELIABLE, OR THAT THE QUALITY OF THE SERVICE WILL MEET YOUR EXPECTATIONS.

12. Governing Law and Dispute Resolution

These Terms shall be governed by and construed in accordance with the laws of the State of Delaware, United States of America, without regard to its conflict of law provisions.

Any dispute arising out of or relating to these Terms or the Service shall first be attempted to be resolved through good-faith negotiation between the parties. If the dispute cannot be resolved through negotiation within thirty (30) days, either party may submit the dispute to binding arbitration in accordance with the rules of the American Arbitration Association. The arbitration shall take place in Delaware, and the arbitrator's decision shall be final and binding.

13. Severability

If any provision of these Terms is held to be invalid, illegal, or unenforceable by a court of competent jurisdiction, such provision shall be modified to the minimum extent necessary to make it valid and enforceable, and the remaining provisions shall continue in full force and effect.

14. Entire Agreement

These Terms, together with our Privacy Policy, constitute the entire agreement between you and Verifex regarding your use of the Service and supersede all prior or contemporaneous communications, proposals, and agreements, whether oral or written.

15. Contact Us

If you have any questions about these Terms of Service, please contact us at:

hello@verifex.dev