• Platform for Transaction Facilitation: PayRafi serves as a platform that enables users to facilitate money transfers directly with other individuals, without the involvement of intermediary banks. PayRafi does not act as a financial institution, payment processor, or intermediary in these transactions. Our role is limited to providing the technology and infrastructure to facilitate these transactions.

• No Liability for User Conduct: PayRafi shall not be held responsible or liable for any wrongdoing, fraudulent activities, or misconduct of the individuals involved in the money transfer transactions facilitated through PayRafi App. Users are solely responsible for their actions, including the accuracy of transaction details, compliance with applicable laws and regulations, and the legitimacy of the funds being transferred.

• No Financial Advice: The information provided within the App is for general informational purposes only and should not be considered as financial advice. It is not intended to be a substitute for professional financial advice, and users should seek guidance from a qualified financial advisor before making any financial decisions or engaging in money transfer transactions. PayRafi does not endorse or recommend any specific financial products or services.

• Guarantee of Transaction Performance: PayRafi guarantees the proper execution of the transaction steps between two individuals conducted through its App. However, PayRafi does not guarantee the performance or fulfillment of the underlying transaction itself, including the accuracy of transaction details provided by its users. For any discrepancies that arise in transactions, users should submit dispute forms and contact our customer support. PayRafi’s customer support team will assist in resolving the issue, but their assistance is limited to dispute resolution.

• Global Operations: PayRafi is a platform designed to help people with their cross-border money transfers and intends to operate worldwide. It is not limited to any specific jurisdictions. However, users are responsible for complying with the laws and regulations of their respective jurisdictions when using the App. PayRafi does not assume any liability for non-compliance by users with the laws and regulations of their jurisdiction.

• Third-Party Services: The App may include links or integrations with third-party services, websites, or applications. PayRafi does not endorse or assume any responsibility for the content, privacy practices, or actions of these third-party services. PayRafi disclaims any liability for damages or losses arising from the use of third-party services.

• Changes to the App: PayRafi reserves the right to modify, suspend, or discontinue any aspect of the App at any time without prior notice. We may also update or change the terms of this disclaimer. Users are encouraged to review the disclaimer periodically for any updates. PayRafi disclaims any liability for damages or losses arising from changes or interruptions to the App’s availability or functionality.

By using the PayRafi App, you acknowledge that you have read, understood, and agreed to the terms of this professional disclaimer. If you do not agree with any part of this disclaimer, please refrain from using the App.

PayRafi shall not assume any liability for the use of the PayRafi App or any consequences arising from its use.

Thank you for choosing PayRafi.

V.01, Released 01. Aug.24