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Terms of Service

Last updated: March 11, 2026

Effective Date: March 11, 2026

Version: 2.0

Important: Non-Custodial Service

SatsRail is a non-custodial payment infrastructure service. We do NOT hold, custody, or control your Bitcoin. You maintain complete control of your funds and private keys at all times.

1. Acceptance of Terms

By accessing or using SatsRail ("Service", "Platform", "we", "us", or "our"), you ("Merchant", "you", or "your") agree to be bound by these Terms of Service, the Acceptable Use Policy, and the Privacy Policy, all of which are incorporated herein by reference (collectively, the "Agreement"). If you do not agree to all terms of this Agreement, you may not use the Service.

2. Non-Custodial Architecture

2.1 What We Are

SatsRail is a non-custodial payment infrastructure service. We provide software tools, APIs, and monitoring services that enable you to accept Bitcoin payments directly to your own wallet.

Key Points:
  • We do NOT hold, custody, transmit, or control your funds
  • We do NOT have access to your private keys
  • We do NOT control your Bitcoin wallets or Lightning nodes
  • Payments flow DIRECTLY from your customers to YOUR wallet
  • You maintain complete control of your cryptocurrency at all times

2.2 Services Provided

We provide:

  • Lightning invoice generation (using your Lightning node)
  • Payment monitoring and settlement tracking
  • Invoice management UI and API
  • Payment confirmation notifications
  • Transaction status tracking
  • Merchant dashboard and reporting tools

2.3 Services NOT Provided

We do NOT provide:

  • Cryptocurrency custody or wallet hosting
  • Private key generation, storage, or management
  • Ability to spend, transfer, or control your funds
  • Bitcoin-to-fiat conversion or exchange services
  • Financial, investment, or tax advice

3. Payment Flow

SatsRail is never in the payment path. Funds flow directly from your customer to your wallet via the Lightning Network.

Customer → Lightning Network → YOUR Wallet
           ↑                        ↑
   Public payment request    You control private keys
   (generated by SatsRail)   (SatsRail has no access)

4. Your Responsibilities

4.1 Wallet Security

You are solely responsible for:

  • Generating and securing your Bitcoin wallet
  • Protecting your private keys and seed phrases
  • Backing up your wallet
  • Maintaining access to your funds
  • Securing your Lightning node (if applicable)
WARNING: If you lose your private keys or seed phrase, your Bitcoin is permanently lost. SatsRail cannot recover lost keys or funds.

4.2 Legal Compliance

You are responsible for:

  • Complying with all applicable laws and regulations
  • Obtaining any required licenses or permits
  • Collecting and remitting applicable taxes
  • Performing your own KYC/AML checks if required
  • Complying with securities laws

SatsRail does not provide legal or compliance advice. Consult qualified legal counsel.

4.3 Customer Relationships

You are responsible for:

  • Your relationship with your customers
  • Customer support and dispute resolution
  • Refunds (handled outside SatsRail)
  • Product or service delivery
  • Customer data protection

4.4 Representations and Warranties

By using the Service, you represent and warrant that:

  • You are a legally formed entity or an individual of legal age with the authority to enter into this Agreement
  • You have obtained all licenses, permits, and registrations required to operate your business and to accept cryptocurrency payments in your jurisdiction
  • Your use of the Service complies with all applicable laws, including anti-money laundering (AML), counter-terrorism financing (CTF), sanctions compliance, tax reporting, and consumer protection laws
  • You are not located in, and will not provide services to persons located in, jurisdictions subject to comprehensive U.S. sanctions (including Cuba, Iran, North Korea, Russia, Syria, and the Crimea, Donetsk, and Luhansk regions)
  • You are not listed on any government sanctions list, including the U.S. Treasury Department's Office of Foreign Assets Control (OFAC) Specially Designated Nationals (SDN) list
  • No funds processed through your account are derived from or connected to illegal activity
  • You will not use the Service to process payments for any Prohibited Activity as defined in the Acceptable Use Policy
  • All information you have provided to SatsRail is truthful, accurate, and complete
  • These representations remain true throughout the term of your use of the Service, and you will promptly notify SatsRail at compliance@satsrail.com if any representation becomes untrue

These representations and warranties are material inducements for SatsRail to provide the Service. Any breach constitutes grounds for immediate account termination.

5. Fees

SatsRail Fees:

  • Subscription fees as selected in your plan
  • API usage fees (if applicable)
  • No transaction fees or percentage of sales

Network Fees:

  • Lightning routing fees (if applicable, paid by sender)
  • These fees are NOT charged by SatsRail

Fees are non-refundable except as expressly stated in this Agreement or as required by applicable law.

6. Prohibited Activities and Enforcement

6.1 Prohibited Activities

You agree to comply with the SatsRail Acceptable Use Policy, which is incorporated herein by reference. The Prohibited Activities listed in the Acceptable Use Policy are a material part of this Agreement. Any violation of the Acceptable Use Policy constitutes a breach of these Terms.

6.2 Immediate Enforcement

Account Locking and API Revocation

SatsRail may, in its sole and absolute discretion, immediately and without prior notice:

  • Lock your merchant account
  • Revoke all API keys and tokens
  • Disable all payment processing capabilities
  • Restrict access to the merchant dashboard

if SatsRail reasonably believes that:

  • You have engaged in, facilitated, or are about to engage in any Prohibited Activity
  • Your account is being used in connection with illegal activity of any kind
  • Your use of the Service poses a risk to SatsRail, other users, or third parties
  • You have breached any material term of this Agreement or the Acceptable Use Policy
  • Any of your representations or warranties are or become false or misleading
  • Required by law, regulation, court order, or governmental authority
  • Necessary to protect the integrity, security, or availability of the Service

6.3 No Liability for Enforcement Actions

SatsRail shall not be liable for any loss, damage, cost, or inconvenience arising from enforcement actions taken in good faith, including but not limited to lost revenue, lost customers, business interruption, reputational harm, or any consequential damages resulting from account suspension, locking, API revocation, or termination.

6.4 Right to Investigate

SatsRail reserves the right to investigate suspected violations of this Agreement, including reviewing account activity, transaction patterns, API usage logs, IP addresses, and any other data associated with your account. By using the Service, you consent to such investigation as a condition of use. Failure to cooperate with an investigation constitutes an independent ground for account termination.

7. Limitation of Liability

7.1 Disclaimer of Warranties

THE SERVICE IS PROVIDED "AS IS" AND "AS AVAILABLE" WITHOUT WARRANTIES OF ANY KIND, WHETHER EXPRESS, IMPLIED, OR STATUTORY.

SATSRAIL EXPRESSLY DISCLAIMS ALL IMPLIED WARRANTIES, INCLUDING BUT NOT LIMITED TO WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, AND NON-INFRINGEMENT.

SATSRAIL DOES NOT WARRANT THAT THE SERVICE WILL BE UNINTERRUPTED, TIMELY, SECURE, OR ERROR-FREE, OR THAT ANY DEFECTS WILL BE CORRECTED. NO ADVICE OR INFORMATION, WHETHER ORAL OR WRITTEN, OBTAINED FROM SATSRAIL SHALL CREATE ANY WARRANTY NOT EXPRESSLY STATED IN THESE TERMS.

7.2 Limitation of Liability

SATSRAIL SHALL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, EXEMPLARY, OR PUNITIVE DAMAGES, INCLUDING BUT NOT LIMITED TO: LOST PROFITS, LOST REVENUE, LOSS OF DATA, LOSS OF BUSINESS OPPORTUNITY, COST OF PROCUREMENT OF SUBSTITUTE SERVICES, OR ANY OTHER INTANGIBLE LOSSES, REGARDLESS OF THE THEORY OF LIABILITY (CONTRACT, TORT, STRICT LIABILITY, NEGLIGENCE, OR OTHERWISE) AND EVEN IF SATSRAIL HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

SATSRAIL IS NOT LIABLE FOR:

  • Lost, stolen, or inaccessible private keys
  • Lost Bitcoin due to incorrect addresses
  • Hacked or compromised wallets
  • Bitcoin price volatility
  • Lightning Network issues or routing failures
  • Third-party wallet or node failures
  • Actions taken by law enforcement or governmental authorities

Maximum Liability: IN NO EVENT SHALL SATSRAIL'S TOTAL AGGREGATE LIABILITY ARISING OUT OF OR RELATED TO THIS AGREEMENT EXCEED THE TOTAL SUBSCRIPTION FEES ACTUALLY PAID BY YOU TO SATSRAIL IN THE TWELVE (12) MONTHS IMMEDIATELY PRECEDING THE EVENT GIVING RISE TO THE CLAIM.

7.3 Basis of the Bargain

THE LIMITATIONS OF LIABILITY AND DISCLAIMERS SET FORTH IN THIS SECTION ARE FUNDAMENTAL ELEMENTS OF THE BASIS OF THE BARGAIN BETWEEN YOU AND SATSRAIL. SatsRail would not provide the Service without these limitations. These limitations apply to the fullest extent permitted by applicable law, even if any remedy fails of its essential purpose.

8. Not a Money Transmitter

SatsRail is a software service provider, not a money transmitter, financial institution, or payment processor. We do not transmit money or hold funds on your behalf.

9. Bitcoin Risks

You acknowledge that:

  • Bitcoin is experimental technology
  • Bitcoin's price is highly volatile
  • Bitcoin transactions are irreversible
  • Lost private keys mean lost Bitcoin forever
  • Regulatory changes may affect Bitcoin's legality or usability
  • You assume all risks of using Bitcoin and the Lightning Network

10. Account Termination and Consequences

10.1 Termination by Merchant

You may close your account at any time through the merchant dashboard or by contacting support. Termination is effective at the end of the current billing period. No refund will be issued for the remaining portion of the current billing period.

10.2 Termination by SatsRail for Cause

SatsRail may terminate your account immediately and without prior notice for:

  • Violation of these Terms, the Acceptable Use Policy, or any other part of the Agreement
  • Illegal activity or suspected illegal activity
  • Fraud, misrepresentation, or deceptive practices
  • Threat to platform security or integrity
  • Failure to pay fees when due
  • Request or order from law enforcement or a governmental authority
  • Breach of any representation or warranty

Upon termination for cause: (a) all API keys and tokens are immediately and permanently revoked; (b) no refund of any fees will be provided; (c) your account will be locked and all Service access terminated; (d) data will be retained as required by law and in accordance with the Privacy Policy.

10.3 Termination by SatsRail Without Cause

SatsRail may terminate your account for any reason with thirty (30) days' written notice to the email address on file. In such case, a pro-rata refund of prepaid subscription fees for the unused portion of the current billing period will be provided.

10.4 Effect of Termination

Upon termination of your account for any reason:

  • All licenses granted to you under this Agreement terminate immediately
  • All API keys and tokens are revoked
  • You must immediately cease all use of the Service
  • You remain liable for all obligations accrued prior to termination
  • Provisions that by their nature should survive termination shall survive (see Section 17.6)

10.5 Data Retention Post-Termination

Following termination, SatsRail will retain account data, transaction records, and API logs as required by law, for legal defense purposes, or as described in the Privacy Policy. Transaction data may be retained for a minimum of seven (7) years for legal and tax compliance purposes.

11. Cooperation with Law Enforcement

11.1 Law Enforcement Cooperation

SatsRail will cooperate with law enforcement agencies, regulatory bodies, and governmental authorities as required by law or as SatsRail deems appropriate in its sole discretion. This cooperation includes but is not limited to:

  • Responding to subpoenas, court orders, and other lawful requests for information
  • Preserving and producing account data, transaction records, IP addresses, and API logs
  • Providing information about suspected illegal activity
  • Assisting with investigations into violations of law

11.2 Data Preservation

Upon receipt of a valid law enforcement request, or when SatsRail has reason to believe an account is involved in illegal activity, SatsRail may preserve all account data, transaction records, IP addresses, API logs, and any other information associated with the account, including after account termination. Preserved data will be retained for the duration required by the applicable legal process or investigation.

11.3 Merchant Notification

SatsRail is not obligated to notify you of law enforcement inquiries, data preservation, or disclosures, and may be legally prohibited from doing so. SatsRail shall not be liable for any consequences arising from its cooperation with law enforcement or governmental authorities.

12. Indemnification

12.1 Merchant Indemnification

You agree to indemnify, defend, and hold harmless SatsRail, its affiliates, officers, directors, employees, agents, and licensors (collectively, the "Indemnified Parties") from and against any and all claims, demands, actions, losses, damages, costs, and expenses (including reasonable attorneys' fees and court costs) arising out of or relating to:

  • Your use of the Service
  • Your breach of this Agreement or the Acceptable Use Policy
  • Your violation of any applicable law, regulation, or third-party right
  • Any content, products, or services you offer to your customers
  • Your failure to comply with applicable AML, KYC, CTF, or sanctions requirements
  • Any dispute between you and your customers
  • Any claim that your use of the Service infringes or violates a third party's rights
  • Any of your representations or warranties being false, misleading, or inaccurate
  • Any enforcement action, fine, penalty, or investigation by any governmental authority arising from your activities

12.2 Indemnification Procedure

SatsRail will provide you with prompt written notice of any claim for which it seeks indemnification. You shall not settle any claim without SatsRail's prior written consent if the settlement would impose any obligation on any Indemnified Party or would not include a complete and unconditional release of all Indemnified Parties.

12.3 Survival

Your indemnification obligations survive termination of this Agreement and your use of the Service.

13. Intellectual Property

13.1 SatsRail Intellectual Property

The Service, including all software, APIs, documentation, designs, text, graphics, logos, and trademarks, is owned by SatsRail or its licensors and is protected by intellectual property laws. Nothing in this Agreement transfers any ownership rights to you.

13.2 License Grant

Subject to your compliance with this Agreement, SatsRail grants you a limited, non-exclusive, non-transferable, revocable license to access and use the Service for your internal business purposes during the term of your subscription. This license terminates immediately upon termination of your account for any reason.

13.3 Restrictions

You may not:

  • Reverse engineer, decompile, disassemble, or attempt to discover the source code of the Service
  • Copy, modify, adapt, or create derivative works based on the Service
  • Sublicense, sell, resell, lease, or distribute the Service or access thereto
  • Remove, alter, or obscure any proprietary notices or labels on the Service
  • Use the Service to build a competing product or service

13.4 Feedback

Any suggestions, ideas, enhancement requests, recommendations, or other feedback you provide regarding the Service may be used by SatsRail without restriction, obligation, or compensation to you.

14. Governing Law and Dispute Resolution

14.1 Governing Law

This Agreement shall be governed by and construed in accordance with the laws of the State of California, United States of America, without regard to its conflict of law principles.

14.2 Mandatory Binding Arbitration

Any dispute, claim, or controversy arising out of or relating to this Agreement or the Service ("Dispute") shall be resolved exclusively by final and binding arbitration, rather than in court. The arbitration shall be administered by the American Arbitration Association ("AAA") under its Commercial Arbitration Rules. The arbitration shall be conducted by a single arbitrator. The seat of arbitration shall be in the State of California. The language of arbitration shall be English. The arbitrator's decision shall be final and binding and may be entered as a judgment in any court of competent jurisdiction.

14.3 Class Action Waiver

YOU AND SATSRAIL AGREE THAT EACH MAY BRING CLAIMS AGAINST THE OTHER ONLY IN YOUR OR ITS INDIVIDUAL CAPACITY, AND NOT AS A PLAINTIFF OR CLASS MEMBER IN ANY PURPORTED CLASS, CONSOLIDATED, OR REPRESENTATIVE PROCEEDING. THE ARBITRATOR MAY NOT CONSOLIDATE MORE THAN ONE PERSON'S CLAIMS AND MAY NOT OTHERWISE PRESIDE OVER ANY FORM OF A REPRESENTATIVE OR CLASS PROCEEDING.

14.4 Small Claims Exception

Notwithstanding the arbitration provision, either party may bring an individual action in small claims court for Disputes within the jurisdictional limits of the applicable small claims court.

14.5 Injunctive Relief

Nothing in this section prevents either party from seeking injunctive or other equitable relief in a court of competent jurisdiction to prevent irreparable harm pending the outcome of arbitration.

14.6 Arbitration Costs

Each party shall bear its own costs and attorneys' fees in connection with the arbitration. AAA filing fees shall be split equally between the parties, except that if a claim is determined to be frivolous, the filing party shall bear all arbitration costs.

14.7 Opt-Out

You may opt out of the arbitration and class action waiver provisions of this Section 14 by sending written notice to compliance@satsrail.com within thirty (30) days of first accepting this Agreement. Your notice must include your name, account email, and a clear statement that you wish to opt out. If you opt out, Disputes will be resolved exclusively in the state or federal courts located in the State of California, and you consent to the personal jurisdiction of such courts.

15. Modifications to Terms

15.1 Right to Modify

SatsRail reserves the right to modify these Terms at any time.

15.2 Notice of Material Changes

For material changes, SatsRail will provide at least thirty (30) days' prior notice via email to the address associated with your account and/or by posting a prominent notice on the Service. Non-material changes (corrections, formatting, clarifications that do not affect your rights or obligations) may be made without advance notice.

15.3 Acceptance

Your continued use of the Service after the effective date of modified Terms constitutes your acceptance of the modified Terms. If you do not agree with the modified Terms, you must stop using the Service and close your account before the effective date.

15.4 Rejection

If you reject material changes, you may terminate your account without penalty during the notice period. No refund of prepaid fees will be issued for the current billing period.

16. Contact Information

For questions about these Terms:

  • Compliance: compliance@satsrail.com
  • Support: https://support.satsrail.com

17. General Provisions

17.1 Entire Agreement

This Agreement, together with the Privacy Policy, Acceptable Use Policy, and any supplemental terms or policies referenced herein, constitutes the entire agreement between you and SatsRail regarding the Service and supersedes all prior and contemporaneous agreements, understandings, representations, and warranties.

17.2 Severability

If any provision of this Agreement is held to be invalid, illegal, or unenforceable by a court of competent jurisdiction, such provision shall be modified to the minimum extent necessary to make it valid and enforceable, and the remaining provisions shall continue in full force and effect.

17.3 Waiver

The failure of SatsRail to enforce any right or provision of this Agreement shall not constitute a waiver of such right or provision. Any waiver of any provision of this Agreement must be in writing and signed by an authorized representative of SatsRail.

17.4 Assignment

You may not assign or transfer this Agreement or any rights or obligations hereunder without SatsRail's prior written consent. SatsRail may freely assign this Agreement without restriction. Any purported assignment in violation of this section is void.

17.5 Force Majeure

SatsRail shall not be liable for any failure or delay in performance due to circumstances beyond its reasonable control, including but not limited to: acts of God, natural disasters, war, terrorism, civil unrest, pandemic, epidemic, government actions, sanctions, embargoes, Bitcoin network disruptions, Lightning Network outages, internet or telecommunications failures, power outages, cyberattacks, changes in law or regulation, or third-party service provider failures.

17.6 Survival

The following provisions shall survive termination or expiration of this Agreement: Sections 6 (Prohibited Activities and Enforcement), 7 (Limitation of Liability), 10 (Account Termination and Consequences), 11 (Cooperation with Law Enforcement), 12 (Indemnification), 13 (Intellectual Property), 14 (Governing Law and Dispute Resolution), and 17 (General Provisions), and any other provisions which by their nature are intended to survive termination.

17.7 Notices

Notices to SatsRail shall be sent to compliance@satsrail.com. Notices to you shall be sent to the email address associated with your account. Notice is deemed received upon confirmed delivery.

17.8 Relationship of Parties

Nothing in this Agreement creates a partnership, joint venture, agency, franchise, or employment relationship between you and SatsRail. Neither party has the authority to bind or obligate the other.

17.9 No Third-Party Beneficiaries

This Agreement does not confer any rights, remedies, or benefits on any third party.

17.10 Headings

Section headings are for convenience of reference only and shall not affect the interpretation of this Agreement.

18. Acknowledgment

By using SatsRail, you acknowledge that:
  • You have read and understood this entire Agreement, including the Terms of Service, Acceptable Use Policy, and Privacy Policy
  • You understand SatsRail is a non-custodial service and does not hold, control, or transmit your funds
  • You are solely responsible for your wallet security and private keys
  • You understand Bitcoin's risks, volatility, and irreversibility
  • You will comply with all applicable laws and regulations in your jurisdiction
  • You are at least 18 years old and have the legal authority to enter into this Agreement
  • You understand that illegal activity will result in immediate account locking and API revocation
  • You consent to binding arbitration and waive your right to participate in class action proceedings

Version: 2.0 | Effective Date: March 11, 2026

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