Terms and Conditions of Use

Last updated: May 1, 2024

General Terms

By accessing and using the services of VERIFIK APP (hereinafter, "Platform"), the User confirms that they agree to and are subject to the terms and conditions of use (hereinafter, "Terms and Conditions" or "Agreement") described below, thereby constituting a legal bond between the User and VERIFIK. These Terms and Conditions apply to the entire Platform and constitute the terms of use and privacy for all services currently provided and those added in the future by VERIFIK LLC (hereinafter, "VERIFIK"). The services that VERIFIK makes available to the User through the Platform are subject to these Terms and Conditions. A User who does not agree with the Terms and Conditions will not be able to use the Platform's Services. This Agreement does not create any partnership, mandate, franchise, or employment relationship between VERIFIK and the User. For the purposes of these Terms and Conditions, the User will be the natural person who registers to use the Platform's Services.

User Capacity The User who accepts these Terms and Conditions must be legally capable of entering into a contract as permitted by their autonomy of will and the laws applicable to them. VERIFIK understands that the User who accepts these Terms and Conditions is aware of whether or not they are capable of entering into contracts. Those considered absolutely or relatively or partially incapable must have authorization from their legal representatives to enter into this Agreement, and the latter will be considered responsible for any conduct of their proxies. The User who wishes to use the Platform must meet the age of majority required according to the applicable law of their country of residence and the country, state, or city in which they are located when using the Platform (hereinafter "Applicable Law"). If residing in a jurisdiction that restricts the use of the Platform due to age or restricts the ability to enter into contracts such as this Agreement due to age, the User must respect these age limits and refrain from using the Platform.

License

VERIFIK grants a revocable, non-exclusive, temporary, non-transferable, and limited license to download, install, and use the Platform under the terms of this Agreement; therefore, under no circumstances does the User acquire ownership of the Platform.

Registration

To use the Services, the User must open an account (hereinafter, "Account") on the Platform and provide the requested information in the forms enabled to register the Account. At the time of registration, the Platform will ask the User to enter the email address they wish to use to access it, as well as their name and phone number. Once the data is entered, VERIFIK will send the User an email and a text/WhatsApp message to confirm the Account. After confirming the validation code, the Account will be activated, and the User can begin to enjoy the Services available on the Platform. The Account corresponds to the credentials the User has to access the Platform, and only one Account will be enabled for each User. Users can access the Services when they have an active Account. The User can access the Account from any tablet, cell phone, computer, or any other device with an Android or iOS operating system that allows an internet connection. VERIFIK understands that any information provided by the User is done so under oath and, therefore, exempts VERIFIK from possessing false information about any User. In any case, VERIFIK reserves the right to contact the User at any time to verify their information or any other data they have provided to VERIFIK by any means. The User is fully responsible for all activity that occurs in the Account, including any actions taken by people to whom the User has granted access to the Account. VERIFIK reserves the right to suspend or block the current or future use of the Platform and/or delete the Account if it suspects that the User has provided false, inaccurate, outdated, or incomplete information (or that has become false, inaccurate, outdated, or incomplete). In any case, VERIFIK reserves the right to suspend, block, or delete an active Account without being obligated to communicate or explain the reasons for its decision and without this generating any right to compensation or indemnification in favor of the User.

Account Security

It is the User's responsibility to ensure that their registration email and Account password, as well as other information for accessing the Platform, are kept in a secure place and not disclosed to third parties. Additionally, the User agrees to keep their Account information secure so that the Service remains inaccessible to third parties or unauthorized persons. If the User shares or misuses this access information to the Service, the User releases VERIFIK from any responsibility that may arise from this situation. Likewise, VERIFIK will not be responsible for the loss of information due to force majeure, unforeseen circumstances, or actions of a third party.

Services

VERIFIK is a company focused on providing services to businesses (B2B) or individuals (B2C) through its Platform. The Platform consists of cloud software that allows Users to verify personal data and other public information by querying information from public and private sources. VERIFIK offers its Services through different subscription plans ("Plans") obtained through the Platform as indicated in the "Plans" section of these Terms and Conditions. VERIFIK provides the following Services for Users to acquire through the Plans:

Each of the Services described in this section will be measured in volume of queries or report generation (hereinafter, "Transactions"). Therefore, one (1) Transaction means the use of one (1) operation corresponding to the Services. Each operation of the Service will be counted as an independent transaction. VERIFIK reserves the right to modify, change, add, or remove the Services offered at any time. Changes to the Services will be communicated by the means and at the times that VERIFIK deems appropriate.

Plans

VERIFIK provides Users with different service plans (hereinafter, "Plan"), which will allow the consumption of credits (hereinafter "Credits") within a monthly or annual Plan. The Credits will have variable costs depending on the product they constitute. The cost derived from the use of the Platform will depend on the type of Plan chosen by the User. The Services expressly mentioned in each Plan will be understood to be included in the value of the Plan. In the event that the User consumes all the Credits of their Plan, the price of additional Transactions will be subject to the conditions of the acquired Plan. The Plans will be valid for the time established in the specifications of each Plan. The User acknowledges that unused Credits will expire upon the expiration of their Plan. The Plans will automatically renew on the anniversary month. VERIFIK reserves the right to modify, change, add, or remove the value of the Plans offered at any time. Changes to the Plans will be communicated by the means and at the times that VERIFIK deems appropriate. VERIFIK commits to ensuring that such changes do not affect the current validity or period. The User must select the type of Plan they wish to acquire and that best suits the Services they seek to obtain. In any case, VERIFIK will not be responsible for errors made by the User when choosing their Plan.

Payment for Plans