Legal & trust

Terms of Service

For merchants and consumers (principals + their agents).

1. Who we are and what OID4Pay is

OID4Pay B.V. (NL, KvK 42074824, VAT NL005409648B63), Nassaukade 51-2, 1052 CN Amsterdam. OID4Pay is an open-standard Agentic Payment Service Provider: an authorization and trust layer on top of payment processors (Stripe today). OID4Pay is not a payment processor, not a bank, and not a stored-value wallet. Money settles to the user's own bank or card via the processor; OID4Pay never holds your funds.

2. The service

OID4Pay issues and verifies cryptographically-bounded payment mandates. A principal authorizes an agent to pay within limits they set (amount, merchant, expiry, velocity); merchants verify the mandate and settle on their own rail; every payment carries a signed trail for disputes.

3. Eligibility and accounts

You must be 16 or older (the NL age) to hold a wallet. Provide accurate information and keep your credentials secure. You are responsible for activity under your account.

4. The payment mandate

By enrolling a card and authorizing an agent you grant a contractual payment mandate to initiate payments on your behalf within your configured limits. This is a payment authorization, not stored value. It is bounded by your caps and revocable at any time from the wallet; revocation cascades to the agent's tokens and outstanding mandates.

5. Fees

OID4Pay charges merchants a platform fee for the authorization and dispute-evidence service. This is not a processor fee; processor (for example Stripe) fees are separate. Principals use the wallet free of charge.

6. Reversibility and disputes

Payments are auditable and disputable. A merchant's four-signature evidence pack assembles into the processor's dispute flow. Refunds and reversals follow the processor and card-scheme rules.

7. Acceptable use

No unlawful, fraudulent, infringing, or prohibited-goods use; no attempt to exceed or circumvent mandate caps; no abuse of the API. We may suspend access for breach.

8. Merchants

Each merchant is an independent controller for its own commerce, keeps its own processor and rail, and receives settlement directly. Merchants run a small verification SDK; card data stays with the processor.

9. Beta, availability, and changes

The service is in beta and provided as-is during beta. We may add, change, or discontinue features and operate emergency kill switches.

10. Liability

To the maximum extent permitted by Dutch law, OID4Pay is not liable for the acts of processors, banks, or card schemes, nor for indirect or consequential damages. Nothing here excludes liability that cannot be excluded by law.

11. Governing law

Dutch law applies. Disputes go to the competent court in Amsterdam, the Netherlands.

12. Contact

legal@oid4pay.com (legal), support@oid4pay.com (support).