Terms and Conditions for Triple-a.io
These Website Standard Terms and Conditions written on this webpage shall manage your use of our website, Triple-A accessible at https://triple-a.io.
These Terms will be applied fully and affect to your use of this Website. Please read these Terms of Use (“Terms”, “Terms of Use”) carefully before using the website operated by Triple-A (“us”, “we”, or “our”).
Your access to and use of the Service is conditioned on your acceptance of and compliance with these Terms. These Terms apply to all visitors, users and others who access or use the Service. By accessing or using the Service, you agree to be bound by these Terms. If you disagree with any part of the terms then you may not access the Service.
Minors or people below 18 years old are not allowed to use this Website.
Intellectual Property Rights
All editorial content, information, photographs, illustrations, artwork, and other graphic materials, and names, logos and trademarks on this Site are protected by copyright laws and/or other laws and/or international treaties, and belong to us and/or our suppliers, as the case may be. These works, logos, graphics, sounds or images may not be copied, reproduced, retransmitted, distributed, disseminated, sold, published, broadcast or circulated whether in whole or in part unless expressly permitted by us and/or our suppliers, as the case may be.
Nothing contained on the Site should be construed as granting by implication, estoppel, or otherwise, any license or right to use any trademark displayed on the Site without our written permission. Misuse of any trademarks or any other content displayed on the Site is prohibited.
We will not hesitate to take legal action against any unauthorized usage of its trademarks, name or symbols to preserve and protect its rights in the matter. All rights not expressly granted herein are reserved. Other product and company names mentioned herein may also be the trademarks of their respective owners.
You are granted a limited license only for purposes of viewing the material contained on this Website.
Restrictions
You are specifically restricted from all of the following:
- publishing any Website material in any other media;
- selling, sub-licensing and/or otherwise commercializing any Website material;
- publicly performing and/or showing any Website material;
- using this Website in any way that is or may be damaging to this Website;
- using this Website in any way that impacts user access to this Website;
- using this Website contrary to applicable laws and regulations, or in any way may cause harm to the Website, or to any person or business entity;
- engaging in any data mining, data harvesting, data extracting or any other similar activity in relation to this Website;
- using this Website to engage in any advertising or marketing;
Certain areas of this Website are restricted from being access by you and Triple-A Technologies PTE. LTD. may further restrict access by you to any areas of this Website, at any time, in absolute discretion. Any user ID and password you may have for this Website are confidential and you must maintain confidentiality as well.
Account Abandonment
An abandoned account refers to any inactive account through which no transactions have been processed for a minimum of six (6) months and for which most contact information (address, phone numbers, email address) is no longer valid.
Abandoned Account Fees
Abandoned accounts with remaining balance will be charged an abandonment fee equivalent to USD 10/month at the fair market exchange rate as determined by Triple-A.
Your Content
In these Website Standard Terms and Conditions, “Your Content” shall mean any audio, video text, images or other material you choose to display on this Website. By displaying Your Content, you grant Triple-A Technologies PTE. LTD. a non-exclusive, worldwide, irrevocable, sub licensable license to use, reproduce, adapt, publish, translate and distribute it in any and all media.
Your Content must be your own and must not be invading any third-party's rights. Triple-A Technologies PTE. LTD. reserves the right to remove any of Your Content from this Website at any time without notice.
Links to Other Websites
Our Service may contain links to third-party web sites or services that are not owned or controlled by Triple-A. We have no control over and assumes no responsibility for, the content, privacy policies, or practices of any third party web sites or services. You further acknowledge and agree that Triple-A shall not be responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any such content, goods or services available on or through any such web sites or services.
No Warranties
This Website is provided "as is" with all faults, and Triple-A Technologies PTE. LTD. express no representations or warranties of any kind related to this Website or the materials contained on this Website. Also, nothing contained on this Website shall be interpreted as advising you. While we may use reasonable efforts to include accurate and up-to-date information on this Site, we make no warranties or representations as to its accuracy, timeliness or completeness.
We do not warrant that this Site will always be accessible, uninterrupted, timely, secure, error-free or free from computer virus or other invasive or damaging code or that this Site will not be affected by any Acts of God or other force majeure events, including inability to obtain or shortage of necessary materials, equipment facilities, power or telecommunications, lack of telecommunications equipment or facilities and failure of information technology or telecommunications equipment or facilities.
Limitation of Liability
In no event shall Triple-A Technologies PTE. LTD., nor any of its officers, directors, and employees, shall be held liable for anything arising out of or in any way connected with your use of this Website whether such liability is under contract. Triple-A Technologies PTE. LTD., including its officers, directors and employees shall not be held liable for any indirect, consequential or special liability arising out of or in any way related to your use of this Website.
We shall not be liable for any direct, indirect, incidental, special, consequential or punitive damages, howsoever caused, resulting from your access to, use of or inability to use, reliance on or downloading from the site, or any delays, inaccuracies in the information or in its transmission including but not limited to damages for loss of business or profits, use, data or other intangible, even if we have been advised of the possibility of such damages.
Notwithstanding our efforts to ensure that our Site/system is secure, you acknowledge that all electronic data transfers are potentially susceptible to interception by others. We cannot, and do not, warrant that data transfers pursuant to this Site, or electronic mail transmitted to and from us, will not be monitored or read by others.
Triple-A, as a Major Payment Institution licensed by the Monetary Authority of
Singapore, will ensure that any monies received from its customers will be deposited in
a safeguarding account, namely a trust account with a bank, no later than the next
business day.
Client monies will be commingled with funds received from other Triple-A customers. While
this is a standard industry practice, it's important to acknowledge the inherent risks involved:
- Difficulty Distinguishing Funds: In the unlikely event of a financial dispute or insolvency scenario, it may be more challenging to distinguish individual customer funds.
- Insolvency of safeguarding institution:If the safeguarding institution becomes insolvent, Triple-A will promptly inform you of the potential consequences for your funds in the trust account. Although trust accounts offer ringfencing to protect customer interests, there may still be a residual risk of potential loss.
In relation to monies received by Triple-A in the provision of cross-border money transfer services, where the payer and payee are either foreign individuals or entities, Triple A is not required by Singapore's Payment Services Regulations 2019 to provide client safeguarding measures for funds from such foreign individuals or entities.
Indemnification
You hereby indemnify to the fullest extent Triple-A Technologies PTE. LTD. from and against any and/or all liabilities, costs, demands, causes of action, damages and expenses arising in any way related to your breach of any of the provisions of these Terms.
Severability
If any provision of these Terms is found to be invalid under any applicable law, such provisions shall be deleted without affecting the remaining provisions herein.
Variation of Terms
Triple-A Technologies PTE. LTD. is permitted to revise these Terms at any time as it sees fit, and by using this Website you are expected to review these Terms on a regular basis. Your continued use of the Site after any modifications to the Terms of Use indicates your acceptance of the modified Terms of Use.
Assignment
The Triple-A Technologies PTE. LTD. is allowed to assign, transfer, and subcontract its rights and/or obligations under these Terms without any notification. However, you are not allowed to assign, transfer, or subcontract any of your rights and/or obligations under these Terms.
Entire Agreement
These Terms constitute the entire agreement between Triple-A Technologies PTE. LTD. and you in relation to your use of this Website, and supersede all prior agreements and understandings.
Governing Law & Jurisdiction
This Site may be accessed from all countries around the world where the local technology permits. As each country has differing laws, by accessing this Site both we and you agree that the laws of the Republic of Singapore, without regard to the conflict of laws principles thereof, will apply to all matters relating to these Terms of Use.
You accept and agree to submit to the exclusive jurisdiction of the courts of the Republic of Singapore in respect of any dispute or difference arising out of and/or in connection with these Terms of Use.
Contact Us
If you have any questions about these Terms, please contact us.
Digital Payment Token Service Risk Disclosure
Risk Warning on Digital Payment Token Services
The Monetary Authority of Singapore (MAS) requires us to provide this risk warning to you as a customer of a digital payment token (DPT) service provider.
Before you:
(a) pay your DPT service provider any money or DPT; or
(b) pay a third party any money or DPT under an arrangement by your DPT service provider;
you should be aware of the following.
1. Your DPT service provider is licensed by MAS to provide DPT services. Please note that this does not mean you will be able to recover all the money or DPTs you paid to your DPT service provider or any other third party referred to above , if your DPT service provider's or the third party's business fails.
1A. You should be aware that MAS does not supervise or regulate your DPT service provider for the provision of unregulated services1. This includes any service of trading digital payment token derivatives such as futures.
2. You should not transact in the DPT if you are not familiar with this DPT. This includes how the DPT is created, and how the DPT you intend to transact is transferred or held by your DPT service provider.
3. You should be aware that the value of DPTs may fluctuate greatly. You should buy DPTs only if you are prepared to accept the risk of losing all of the money you put into such tokens.
4. You should be aware that your DPT service provider, as part of its licence to provide DPT services, may offer services related to DPTs which are promoted as having a stable value, commonly known as "stablecoin".