Last updated: 23 April 2025
These Terms of Service (these “Terms of Service”) together with the Privacy Policy are an integral part of and constitute the entire agreement under, the Subscription Agreement among you and IFC Markets F.Z.E., a Company duly organized and existing under the laws of Ajman Free Zone, the United Arab Emirates, with company license number 22994, whose registered address is at SM Office G1 236 C, Ajman Free Zone, United Arab Emirates. IFC Markets F.Z.E. operates a web-based service under the trade name “BucksBus”, enabling the receipt and acceptance by a merchant of payments in certain crypto currencies and such service is available on its proprietary website https://www.bucksbus.com/ and our other proprietary domains of a lower level (the “Services”).
Definitions and interpretations as used in the Subscription Agreement, shall apply herein. All the professional terms related to crypto currency business and practices, shall be used herein in the meanings generally accepted in the industry from time to time.
These Terms of Service govern your use of the Services. By using any of the Services or signing up to use an account through the Services or by accessing or using any of our associated websites, you agree that you have read, understood, and accept these Terms of Service. These Terms of Service are effective as of the earliest date and time at which you use any of the Services.
If you do not agree to be bound by the terms and conditions of these Terms of Service, you must not use or access the Services. Any use of or access to the Services means that you consent to and agree with these Terms of Service.
If you have questions about these Terms of Service or our Services, please also consult the FAQ section of the Service or contact us at [email protected].
CHANGES TO THESE TERMS OF SERVICE
You accept and understand that these Terms of Service may be modified or updated by us from time to time in our sole discretion. We will provide you with notice of such changes by posting the revised Terms of Service on the Service and/or providing a copy to you. The amended Terms of Service will be deemed effective immediately upon posting on the Service. Your continued use of the Services constitutes your agreement to be bound by the revised Terms of Service. If you do not agree with any such modification, you should discontinue access and use of the Services.
OUR SERVICES
Our Services will allow you to accept payments in crypto currency directly to your wallet. We do not endorse or recommend any crypto currency. You acknowledge and agree that the decision to use our Services is made solely by you and we bear no responsibility or liability for the outcome of your decisions.
Upon registration with us, a seed phrase will be generated, and a non-custodial crypto wallet will be created for you. You will have full control over your private keys and funds. You will be responsible for securing your funds since there is no third party holding the keys on your behalf. You can create an unlimited number of stores or organizations in your BucksBus account, with each having its own page and report.
You are the only owner of your seed-phrase, and in case of losing it the wallet will be impossible to restore.
For the provision of our Services, we will charge you for our Services as described in the section FEES, while always acting in your best interest. We will endeavor to reduce your network fees where possible; we will also be able to carry you for the amounts you need to complete your transaction, by offering “fuel cards” which will be charged against your billing account.
Our Services are available only in connection with those crypto currencies that we support which may change from time to time. We assume no responsibility or liability in connection with any attempt to use your wallet for crypto currencies that we do not support.
INTERNET PROVIDER
We act as a service provider by creating, hosting, maintaining, and providing our Services to you via the Internet. We do not guarantee continuous, uninterrupted, or secure access to our Services and we make no representations or warranties regarding the amount of time needed which is dependent upon many factors outside of our control. Access to the Services may become degraded or unavailable during times of significant volatility or volume.
UNDERLYING PROTOCOLS
We do not own, control, operate or maintain the underlying software protocols which govern the operation of the crypto currencies supported by us. In general, the underlying protocols are open-source software, and anyone can use, copy, modify, and distribute them.
DUE CARE
You are solely responsible and liable for the activity that occurs in relation to your payments by protecting your password and restricting access to your account with due care. You are required to keep your password secure. We will not be responsible or liable for any damages, liability or losses caused by any unauthorized use of your account. You are solely responsible for your interactions with your customers. We shall have no responsibility or liability for your interactions with your customers, or for any other action or omission in that regard.
FEES
Promptly upon registration, a tariff will be selected and an internal billing account in USD will be opened for you which must be paid in a crypto currency supported by the Services from time to time, with an initial zero balance, and it can be used immediately for receiving the Services.
You can start your transactions immediately. After each transaction, we will charge our fee (per the tariff plan selected by you) against that billing account. You can track your balance live and are free to top up your billing account as desired.
On the first day of each calendar month, we will set off the fees due to us for the previous month against the sums held in your crypto wallet in the Service. The resulting balance (positive or zero) will show on your billing account. We will make every effort to minimize your network fees in the set off.
If and when you billing account balance shows as negative, your status will be shown as “restricted balance” and we will hold this sum on your wallet until it is topped up. Where such sum is below US$10.00, it will be multiplied by a factor of four and this is the amount we will hold on your wallet. If the sum in question is between US$ 10 and 100, it will be multiplied by a factor of two. For sums in excess of US$ 100, no multiplication will apply.
If your billing account balance drops below the sum set in your chosen tariff plan, you will be suspended from using the Services, and your status will change to “debt”. You will not be able to use the Services until you have topped up your billing account for the amount due or more. You will be able to use your personal area only to log in, review your addresses, top up your billing account. Your access to the Services will resume as soon as you have topped up your billing account.
Upon failure to make payment, the Services will remain suspended, and your status will show as “debt”, until payment is made, but such suspension period may not exceed three (3) calendar months from the time when the outstanding sum was billed. Upon failure to pay, and consequently use the Services for three (3) consecutive calendar months, you will be blocked from using the Services and your personal area will be deleted. For renewing the Services, you will need to repeat the registration process and a new wallet will need to be created. You will be able to continue using your previous wallet outside our Services.
PRIVACY AND SECURITY
Privacy
We only request information that is necessary for the use of our Services or to comply with our obligations under applicable law.
You acknowledge and accept that we will comply willingly with all legal requests for information from us. We reserve the right to provide information to law enforcement agencies to answer inquiries, participate in investigations, respond to legal process, respond to the order of a court of competent jurisdiction and those exercising the court’s authority, and to protect us and our Subscribers.
Security
We take several security measures including storing all Subscribers’ personal information in an encrypted fashion. However, we are not responsible or liable for any damage or interruptions caused by any computer viruses, spyware, scareware, Trojan horses, worms, or other malware that may affect your computer or other equipment, or any phishing, spoofing or other attack from using the Services. Always log into your account through the official Services.
CLOSING, SUSPENSION, AND TERMINATION
You may close your account at any time in accordance with our procedures. Upon closure of your account, you authorize us to cancel or suspend any pending payments at the time of cancellation.
For any month for which no payment is made when due for our Services (subscription fee) our Service for you will be suspended with or without additional notice and will be resumed as soon as you resume your monthly payments. However, if you fail to use our Services for a period of successive ninety (90) days, the Services may only be renewed with a fresh registration on our website, and the signing of all documents constituting the entire agreement between us.
We may, at any time and in our sole discretion and without liability to you, with or without notice, suspend, restrict, or terminate your access to any or all the Services or to your account, as provided for in the Subscription Agreement.
FORCE MAJEURE
We shall not be liable for any breach of these Terms of Service, including delays, failure in performance or interruption of service, or any loss or damage arising directly or indirectly from any event or circumstances beyond our reasonable control, including but not limited to flood, extraordinary weather conditions, earthquake, or other act of God, fire, war, insurrection, riot, labor dispute, accident, action of government, communications or power failure, pandemic, or equipment or software malfunction, changes in the law or any other cause beyond our reasonable control (each, a "Force Majeure Event").
ELECTRONIC COMMUNICATIONS
You agree that these Terms of Service constitute “a writing signed by you” under any applicable law or regulation. These Terms of Service, any amendments, notices, or other communications regarding your account and/or your use of our Services (collectively, the “Communications”) may be provided to you electronically and you agree to receive all Communications from us in electronic form. Electronic Communications may be posted on the pages of the Services and/or delivered to your e-mail address. All Communications in either electronic or paper format will be considered to be in “writing,” and to have been received no later than two (2) business days after posting or dissemination, whether or not you have received or retrieved the Communication.