These Terms of Service ("Terms") constitute a legally binding agreement between Aventis Pay, Inc. ("Aventis," "we," "us," or "our"), a Delaware corporation, and you, the business entity or individual accessing or using the Aventis platform ("you" or "Customer"). By creating an account, clicking "I Agree," or otherwise accessing or using our services, you represent that you have read, understood, and agree to be bound by these Terms and our Privacy Policy, which is incorporated herein by reference.
If you are accepting these Terms on behalf of a business entity, you represent and warrant that you have the authority to bind that entity to these Terms. If you do not have such authority, or if you do not agree with these Terms, you must not access or use the Services.
Aventis reserves the right to update or modify these Terms at any time. We will provide notice of material changes by email or prominent notice within the platform. Your continued use of the Services following notice of changes constitutes your acceptance of the revised Terms.
Aventis provides software that orchestrates and coordinates third-party licensed financial services on behalf of Customers. Aventis does not itself provide money transmission, payment processing, currency exchange, or any other regulated financial service.
Aventis Pay, Inc. is not a money transmitter and does not hold a money transmitter license. Aventis does not:
All fiat currency handling - including the receipt of USD from Customers, the conversion of USD to USDC, and the conversion of USDC to INR - is performed exclusively by licensed Third-Party Service providers, specifically Bridge Financial Technologies, Inc. (for fiat on-ramp) and Saber Money (for INR off-ramp). Aventis merely instructs these licensed services on the Customer's behalf pursuant to Customer authorisation.
Aventis does not custody, hold, control, or have the ability to access Customer funds at any point in the payment lifecycle. Specifically:
Customer USDC is held exclusively in non-custodial Wallets created via Privy, Inc. The private keys to these Wallets are generated within a Trusted Execution Environment (TEE) and are controlled solely by the Customer. Aventis has no ability to access, transfer, freeze, or seize funds in Customer Wallets.
Aventis interacts with Customer Wallets solely through a scoped delegated signing session, explicitly authorised by the Customer at onboarding. This delegation is narrowly scoped to: (i) transfers to pre-approved vendor addresses on the Customer's approved vendor list only; and (ii) amounts not exceeding the Customer's self-defined per-transaction limit. Aventis cannot use this delegation to transfer funds to any other address or in excess of approved limits.
Aventis does not operate as a virtual asset service provider (VASP) or digital asset custodian under any applicable regulatory framework.
Aventis is not a bank, savings institution, credit union, or depository institution. Aventis does not offer deposit accounts, lending products, credit facilities, or any product insured by the FDIC or NCUA. Customer funds are not insured by any government deposit insurance scheme.
The following Third-Party Services perform regulated financial activities within the Aventis payment flow and are solely responsible for compliance with applicable laws and regulations:
Bridge Financial Technologies, Inc.
Licensed money transmitter responsible for receiving
USD from Customers via ACH or wire and converting it to
USDC. Bridge's terms of service and licenses govern this
activity.
Saber Money
Licensed payment service
provider in India, responsible for receiving USDC,
converting it to INR, and disbursing INR to vendor bank
accounts via IMPS/NEFT/RTGS. Saber Money's terms and Indian
regulatory licenses govern this activity.
Privy, Inc.
Provider of non-custodial
embedded wallet infrastructure. Privy is a software provider
and does not hold or transmit funds.
AIPRISE
Provider of KYB verification
services for Customer identity verification.
TRM Labs
Provider of blockchain
compliance and transaction screening services.
By using the Services, you acknowledge that your financial transactions are subject to the terms, conditions, and regulatory obligations of the relevant Third-Party Service providers, and that Aventis is not a party to those financial transactions.
The Services are available exclusively to businesses. By registering, you represent and warrant that:
All Customers must complete a KYB verification process administered by AIPRISE before accessing payment features. Aventis reserves the right to refuse, suspend, or terminate access based on the outcome of KYB or ongoing compliance monitoring.
You are responsible for maintaining the security of your account credentials and for all activity conducted through your account. You must notify Aventis immediately at security@aventispay.com if you suspect any unauthorised access.
As part of onboarding, you will create a non-custodial, user-controlled Wallet via Privy. You acknowledge and agree that:
If you lose access to your Wallet, Aventis has no ability to recover access or restore the USDC held within it. Privy provides key recovery mechanisms which you should configure and maintain. Aventis accepts no liability for loss of funds resulting from loss of Wallet access.
USDC in your Wallet is held on the Base blockchain network. Aventis does not control and is not responsible for the operation, security, or continuity of the Base network or any other blockchain network.
Aventis provides software that orchestrates the following on your behalf: (i) instructing Bridge to create a fiat on-ramp order for USD to USDC conversion and delivery to your Wallet; (ii) upon your authorisation, using the delegated session to transfer USDC from your Wallet to Saber Money's receiving address; and (iii) instructing Saber Money to convert USDC to INR and disburse to your designated vendor's bank account.
You are solely responsible for the accuracy of all payment instructions, including vendor names, bank account numbers, IFSC codes, and payment amounts. Aventis is not liable for losses resulting from incorrect payment instructions.
Before a vendor can receive INR payments, the vendor must complete Saber Money's KYC process via a link generated by the Platform. You are responsible for ensuring your vendors complete this process.
All transactions are subject to real-time compliance screening by TRM Labs. Aventis reserves the right to block, delay, or reverse any transaction that generates a compliance flag. Aventis will not be liable for losses arising from compliance-based transaction blocks.
Aventis does not guarantee same-day settlement or any specific settlement timeline. Estimated settlement times are for informational purposes only and are subject to Third-Party Service provider processing times and conditions outside Aventis's control.
Foreign exchange rates are determined by Bridge (USD to USDC) and Saber Money (USDC to INR). Aventis does not set, control, or profit from these rates.
Aventis charges a platform fee disclosed in your subscription agreement or order form. This fee is separate from fees charged by Third-Party Service providers. All fees are non-refundable except as required by applicable law or as expressly stated in a separate written agreement.
By connecting your ERP, you grant Aventis read and, where applicable, write access to the data scopes you authorise during the ERP connection flow. You are responsible for ensuring that your use of ERP integration complies with your ERP vendor's terms of service. Payment results written back to your ERP are provided for reconciliation purposes and do not constitute accounting advice.
You must not use the Services for:
Your use of the Platform is subject to Aventis's Privacy Policy, available at aventispay.com/privacy and incorporated into these Terms by reference.
Aventis and its licensors own all right, title, and interest in and to the Platform. You are granted a limited, non-exclusive, non-transferable, revocable licence to access and use the Platform solely for your internal business purposes.
You retain ownership of all data you upload or input into the Platform. By using the Platform, you grant Aventis a non-exclusive, royalty-free licence to process your data solely as necessary to provide the Services.
Each party agrees to keep confidential any non-public information of the other party designated as confidential or that a reasonable person would understand to be confidential. Confidential Information does not include information that is or becomes publicly available through no fault of the receiving party; was known prior to disclosure; is independently developed; or must be disclosed pursuant to applicable law.
You represent and warrant that:
Aventis represents and warrants that it is duly incorporated and in good standing, has the right to enter into these Terms, and the Platform will operate in material conformance with its documentation under normal use conditions.
Aventis does not warrant that the Services will be uninterrupted or error-free. Aventis is not responsible for the acts or omissions of any Third-Party Service provider, or for any losses arising from the failure, delay, or error of any Third-Party Service.
IN NO EVENT SHALL AVENTIS BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, EXEMPLARY, OR PUNITIVE DAMAGES, INCLUDING LOSS OF PROFITS, LOSS OF REVENUE, LOSS OF BUSINESS, LOSS OF DATA, OR LOSS OF GOODWILL.
You agree to indemnify, defend, and hold harmless Aventis and its officers, directors, employees, and agents from and against any claims, liabilities, damages, losses, costs, and expenses arising out of or related to: (a) your use of the Services; (b) your violation of these Terms; (c) your violation of applicable law; (d) inaccuracy in payment instructions you submit; (e) your relationship with your vendors; or (f) any third-party claim that your data infringes their intellectual property rights.
These Terms commence when you create an account and continue until terminated.
You may terminate your account at any time by contacting support@aventispay.com. Termination does not relieve you of payment obligations accrued prior to termination.
Aventis may suspend or terminate access immediately upon notice if: (a) you breach these Terms; (b) required by law or regulatory order; (c) Aventis suspects fraudulent or harmful activity; or (d) you become insolvent.
Upon termination, your right to access the Platform ceases immediately. Your Wallet remains under your sole control. Aventis will provide access to your transaction history for 30 days following termination.
These Terms are governed by the laws of the State of Delaware. Subject to Section 22 (Arbitration), you consent to the exclusive jurisdiction of the state and federal courts in Delaware for disputes not subject to arbitration.
You are solely responsible for determining the regulatory requirements applicable to your use of the Services and for complying with those requirements. Aventis does not provide legal, tax, or compliance advice. You are responsible for compliance with applicable AML/CFT laws, OFAC and other sanctions programs, tax reporting obligations, and any licensing requirements applicable to your business.
Neither party shall be liable for delays or failures resulting from causes beyond its reasonable control, including acts of God, natural disasters, war, terrorism, government actions, blockchain network failures, cyberattacks, or failures of third-party infrastructure providers.
These Terms, together with the Privacy Policy and any applicable order form, constitute the entire agreement between you and Aventis. If any provision is found unenforceable, it will be modified to the minimum extent necessary and the remaining provisions will remain in force.
Any dispute arising out of or relating to these Terms or the Services shall be resolved exclusively by binding arbitration administered by JAMS under its Comprehensive Arbitration Rules, except for: (a) claims qualifying for small claims court; (b) intellectual property claims; and (c) applications for emergency injunctive relief.
YOU AND AVENTIS AGREE THAT EACH MAY BRING CLAIMS ONLY IN AN INDIVIDUAL CAPACITY AND NOT AS A PLAINTIFF OR CLASS MEMBER IN ANY PURPORTED CLASS OR REPRESENTATIVE PROCEEDING.
Arbitration shall be conducted in English, seated in Wilmington, Delaware. The arbitrator's award shall be final and binding and may be entered as a judgment in any court of competent jurisdiction.
Legal notices:
Aventis Pay, Inc.,
Legal Department, Wilmington, Delaware
Support:
support@aventispay.com
Security:
security@aventispay.com
Privacy:
privacy@aventispay.com