Draft for counsel review — not in force

Merchant terms summary

Version merchant-terms/draft-2026-09-27. No market is live yet. This is a summary: each approved merchant signs a full merchant agreement for its market, and that agreement is what applies.

Who can accept tokens

Only businesses we have approved after checking the company, its owners and its bank account. You may take tokens only on the website domains we have verified for you.

How you are paid

• Your server creates a redemption, and the customer confirms it on a checkout page we host at ucrypto.co.
• Tokens you receive are settled to your business bank account.
• Fees and settlement terms are those on the pricing page, as confirmed in your merchant agreement.

Customers and refunds

• You must not charge customers a fee for paying with tokens.
• Tokens only go one way: you cannot pay customers back in cash. Refunds for goods or services follow your merchant agreement.
• Card disputes on token purchases come to us. You see disputes on tokens you received, and costs are passed on only if your agreement allows it.

Ending the agreement

Either side can end the agreement as it sets out. We can pause your account if we see a risk to customers or a breach of the agreement.