APIs Developer Agreement

Effective Date: [March 03 - 2024]

This API and Developer Agreement governs access to and use of WalletPlug application programming interfaces, software development kits, plugins, documentation, webhooks, keys, and related developer tools.

By accessing or using the WalletPlug APIs or developer tools, you agree to be legally bound by this Agreement.

1. Scope and Purpose

WalletPlug provides APIs and developer tools to enable approved integration with its payment processing and related services.

This Agreement applies to:

• developers

• merchants using APIs

• partners

• any entity or individual accessing WalletPlug developer resources

This Agreement supplements the Platform Terms of Service and Merchant Services Agreement. In the event of conflict, the Merchant Services Agreement shall prevail for merchants.

2. API Access and Authorization

API access is granted at WalletPlug sole discretion.

WalletPlug may:

• approve or deny API access

• issue, rotate, suspend, or revoke API keys

• impose integration conditions or restrictions

API access is non transferable and may not be sublicensed.

3. Use Restrictions

You must:

• use APIs only for lawful and authorized purposes

• comply with all applicable laws and regulations

• follow WalletPlug technical documentation and guidelines

You must not:

• reverse engineer or attempt to extract source code

• bypass security controls or rate limits

• use APIs for prohibited or restricted activities

• resell or expose APIs without written approval

• use APIs in a manner that disrupts platform stability

  
  

4. Security Obligations

You are responsible for:

• securing API keys and credentials

• preventing unauthorized access

• implementing reasonable technical and organizational security measures

Compromised credentials must be reported immediately.

WalletPlug is not liable for losses resulting from compromised API keys.

5. Rate Limits and Usage Controls

WalletPlug may enforce:

• request rate limits

• transaction volume limits

• feature access restrictions

Limits may change without notice to protect platform integrity.

Excessive or abusive usage may result in immediate suspension.

6. Monitoring and Compliance

WalletPlug may monitor API usage for:

• fraud detection

• performance

• compliance and risk management

You agree to cooperate with audits, investigations, and compliance reviews.

Failure to cooperate may result in suspension or termination.

7. Data Handling and Privacy

You may only collect, store, and process data obtained through the APIs for authorized purposes.

You must:

• protect personal and payment data

• comply with applicable data protection laws

• not retain data longer than necessary

WalletPlug may require proof of compliance at any time.

8. No Service Level Commitment

APIs are provided on an as is and as available basis.

WalletPlug does not guarantee:

• uptime

• availability

• performance

• backward compatibility

WalletPlug may modify or discontinue APIs at any time.

9. Intellectual Property

WalletPlug retains all rights, title, and interest in:

• APIs

• documentation

• software

• trademarks

• branding

This Agreement grants a limited, revocable, non exclusive license to use APIs solely for authorized purposes.

No ownership rights are transferred.

10. Fees and Charges

API usage may be subject to:

• transaction fees

• usage based fees

• integration or service fees

Applicable fees are governed by the Pricing and Fee Schedule or Merchant Services Agreement.

11. Suspension and Termination

WalletPlug may suspend or terminate API access immediately where:

• security risk is identified

• misuse or abuse occurs

• compliance requirements are not met

• inaccurate information is provided

Termination does not relieve outstanding obligations or liabilities.

12. Limitation of Liability

To the maximum extent permitted by law, WalletPlug shall not be liable for:

• indirect or consequential damages

• lost profits or revenue

• data loss

• integration errors

• third party system failures

WalletPlug total liability shall not exceed fees paid in the three months preceding the claim.

13. Indemnification

You agree to indemnify and hold WalletPlug harmless from any claims, losses, fines, or expenses arising from:

• your API integration

• misuse of APIs

• violation of law

• breach of this Agreement

  
  

14. Amendments

WalletPlug may update this Agreement at any time.

Continued use of APIs constitutes acceptance of the updated terms.

15. Governing Law

This Agreement is governed by the laws applicable to WalletPlug place of incorporation, without regard to conflict of law principles.

16. Entire Agreement

This Agreement, together with referenced agreements and policies, constitutes the entire agreement regarding API and developer access.