Terms of Service

Payon Global is a multi-currency payment account operated by Payon Finance Inc. (Ontario, Canada). You can fund your account in CAD, USD, EUR, or GBP; hold a balance in the currency you received; convert between currencies at a rate shown before you confirm; and send funds to bank accounts or, converted to USDC, to an external wallet you specify.

Payon Finance Inc. is not a bank. Your balance is a payment account balance — not a bank deposit. It earns no interest and is not insured by the Canada Deposit Insurance Corporation (CDIC). Client funds are held in a segregated trust account, separate from our operating funds.

No client account can be opened and no client funds can be accepted, moved, or held until Payon Finance Inc.'s registration as a Money Services Business with FINTRAC and its registration under the Retail Payment Activities Act with the Bank of Canada are complete.

You must complete identity verification — document check, liveness check, and AML/PEP/sanctions screening, performed by our provider Shufti Pro — before any funds can move. We may re-screen you periodically or before certain transactions, and we may decline, hold, or report transactions where the law requires.

A USDC transfer is a single operation: your fiat balance is debited, converted, and the USDC is sent to the wallet address you specify. Payon Finance never holds digital assets on your behalf, and your account never has a crypto balance. You are solely responsible for the accuracy of the destination wallet address and network — on-chain transfers cannot be reversed.

We show funds as spendable only once they have actually cleared, and we mark transfers as settled only once they actually are. A transaction shown as “processing” is still in flight.

• You may not use the service for money laundering, terrorist financing, sanctions evasion, fraud, or any unlawful activity.
• You may only open an account for yourself and must provide accurate information.
• We may suspend or close accounts, and hold or reverse transactions, where required by law or to protect the service and its clients.

Conversion rates are shown before you confirm and include our spread. Any other fees will be disclosed before you commit to a transaction.

To the extent permitted by law, Payon Finance Inc. is not liable for losses caused by events outside our reasonable control, including delays on banking rails or blockchain networks, or by inaccurate recipient details you provide. Nothing in these terms excludes liability that cannot be excluded under applicable law.

These terms are governed by the laws of the Province of Ontario and the federal laws of Canada. Questions: hello@payon.global.