SofizPay Terms and Conditions of Use

Customer version – Updated October 2025

Last Updated: October 2025

Governed by Algeria

Legal jurisdiction applies

18+ Only

Age requirement enforced

Binding Agreement

Legally enforceable terms

1. Introduction and Purpose of Document

These Terms and Conditions of Use (hereinafter referred to as "Terms") govern the access and use of services offered by SofizPay, an electronic payment platform operated by EURL SofizPay, whose registered office is located at – Rue kasraoui el-hachemi, Mecheria, Naama, Algeria. SofizPay enables its users to have a secure electronic wallet, make online payments, money transfers, and pay at partner merchants. By creating an account or using SofizPay, the user acknowledges having read, understood, and accepted all of these Terms.

2. Definitions

SofizPay: the platform, website, and mobile application operated by EURL SofizPay.

User: any individual with a SofizPay account.

SofizPay Account: secure personal space allowing the user to access their financial services.

Partner Merchant: any merchant accepting payments via SofizPay.

Balance: amount available in the user's SofizPay account.

KYC (Know Your Customer): identity verification procedure required by regulation.

3. Acceptance of Terms

The use of SofizPay implies unconditional acceptance of these Terms. SofizPay reserves the right to modify or supplement these Terms at any time. Users will be notified of any updates electronically (notification or email).

4. Account Creation and Management

4.1. Eligibility

The SofizPay service is reserved for individuals aged at least 18 years, residing in Algeria, and having a valid national identity card or passport.

4.2. Registration

To create an account, the user must provide accurate, complete, and up-to-date information: name, first name, phone number, email address, and identity document.

4.3. Verification (KYC)

SofizPay may require the submission of additional documents to verify the user's identity before full account activation.

4.4. Account Security

The user is solely responsible for the confidentiality of their credentials (secret key, password, PIN code). Any activity performed from their account is deemed to be theirs.

5. SofizPay Service Features

5.1. Account Top-Up

The SofizPay account can be topped up via the following methods:

  • Bank card or online payment
  • Partner points of sale
  • Transfer from another SofizPay account
  • Baridimob
  • Bank or postal transfer or deposit

5.2. Payments

The user can make payments:

  • On e-commerce sites integrating SofizPay
  • At partner physical merchants via QR code or SofizPay address

5.3. Money Transfers

The user can send money instantly to another SofizPay user. These transactions are irreversible once confirmed.

5.4. Withdrawals and Refunds

Withdrawals can be made via approved partners (SofizPay agents, linked bank, Algeria post office). Refunds are only possible in case of technical error or unauthorized operation, after verification by customer service.

6. Fees and Commissions

The use of the SofizPay service may incur certain fees (transfer, withdrawal, conversion, or merchant service). Current rates are displayed on the official website www.sofizpay.com/fees and may be updated at any time.

7. Security and Confidentiality

SofizPay implements advanced security protocols (SSL encryption, two-factor authentication, operation logging) to protect user data and transactions. However, the user acknowledges that no system is infallible and undertakes to adopt prudent behavior (not sharing codes, verifying official addresses, etc.).

8. User Obligations

The user undertakes to:

  • Provide accurate and up-to-date information
  • Use SofizPay only for lawful purposes
  • Not open multiple accounts under different identities
  • Not use the service for fraud, money laundering, or terrorism financing

Any violation may result in immediate account suspension and reporting to competent authorities.

9. SofizPay Responsibilities

SofizPay commits to ensuring an available and secure service, within the limits of its technical and legal means. However, it cannot be held responsible in case of:

  • Internet network malfunction
  • Service interruption for maintenance
  • Fraudulent use of the account by an unauthorized third party
  • Force majeure

10. Personal Data Protection

SofizPay collects and processes personal data in accordance with Algerian Law No. 18-07 on the protection of personal data. Data is only used for account management, security, and regulatory compliance purposes. The user has a right of access, rectification, and deletion of their data via the address: contact@sofizpay.com.

11. Limitation of Liability

SofizPay cannot be held responsible for indirect financial losses, intangible damages, or loss of profits related to the use of the service. SofizPay's liability, in any case, is limited to the total amount received during the six months preceding the dispute.

12. Account Suspension and Termination

SofizPay may suspend or close a user account:

  • In case of suspicious or illegal activity
  • In case of non-compliance with these Terms
  • Upon written request from the user

Remaining balances will be returned after compliance verification and subject to legal obligations.

13. Intellectual Property

All elements of the SofizPay website and application (logos, codes, interfaces, content, trademarks, designs) are the exclusive property of EURL SofizPay and protected by Algerian and international intellectual property legislation.

14. Force Majeure

Neither party may be held responsible for a breach due to a force majeure event (natural disaster, global network failure, war, government decision, etc.).

15. Applicable Law and Dispute Resolution

These Terms are subject to Algerian law. Any dispute relating to their interpretation or execution shall be subject to the exclusive jurisdiction of the courts of Algeria.

16. Modification of Terms of Use

SofizPay reserves the right to modify these Terms at any time. The most recent version will always be accessible on the official website. Any use of the service after publication of the new version constitutes acceptance of the modifications.

17. Contact and Customer Service

For any questions, complaints, or assistance, the user can contact SofizPay at:

📧 contact@sofizpay.com

contact@sofizpay.com

📍 EURL SofizPay – Rue kasraoui el-hachemi, Mecheria, Naama, Algeria

EURL SofizPay – Rue kasraoui el-hachemi, Mecheria, Naama, Algérie

🌐 www.sofizpay.com

www.sofizpay.com

Thank You for Using SofizPay

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