Public Offer on the Use of the BeriPay Information Technology Service for Payments Outside the Russian Federation

Date of Last Update: September 30, 2026

1.1. This Public Offer (hereinafter, the “Offer”) constitutes an official public proposal of NextLab LLC (ООО «НекстЛаб»), Registration No. 326188-3301-ООО, INN 00203202610365, address: Office 4a, 141 Toktogula St., Pervomaisky District, Bishkek, Kyrgyz Republic (hereinafter, the “Administrator”), to conclude an Agreement on the Use of the BeriPay Information Technology Service (hereinafter, the “Agreement”).

1.2. The BeriPay Service (hereinafter, the “Service”) means the set of information systems, software tools, the website https://beripay.net, the mobile application, and the Telegram bot https://t.me/BeriPay_bot, designed to provide Users with the information technology functionality for issuing and using Virtual Cards of international payment schemes.

1.3. LEGAL STATUS OF THE SERVICE AND THE ADMINISTRATOR:
The Administrator provides the User strictly with information technology functionality (SaaS solution). The Administrator is not a bank, non-bank credit institution, payment system operator, payment service provider (PSP), virtual asset service provider (VASP), or payment card issuer. The Administrator does not open bank, personal, or electronic accounts for Users, nor does it provide cash settlement services.

1.4. The issuance of Virtual Cards, transaction authorizations, payment processing, and top-up processing are conducted directly by authorized issuing partners (BIN sponsors), financial institutions, and third-party licensed payment gateways.

1.5. The Service operates strictly under a “Spend-Only” functional model (strictly non-cash payments for goods and services outside the Russian Federation). Cash withdrawal functions (ATM), person-to-person transfers (P2P), and fund withdrawals to Users’ bank accounts are not provided for by the architecture of the Service and are strictly prohibited.

2. Acceptance of the Offer and Subject Matter of the Agreement

2.1. Acceptance of this Offer (full and unconditional acceptance of its terms) is effected by the User performing any of the following actions:

  • Registering and/or authenticating in the Service (including via the Telegram bot);
  • Filling out forms and submitting requests for the issuance of a Virtual Card;
  • Performing a top-up operation to use a Virtual Card.

2.2. The subject matter of the Agreement is the provision by the Administrator to the User of a non-exclusive right to use the functionality of the Service to interact with issuing partners for the purpose of issuing and using Virtual Cards.

2.3. The Service may be used only by fully capable individuals who have reached 18 years of age.

3. Identification, Verification, and Compliance (KYC/AML)

3.1. To comply with international AML/CFT requirements and the rules of issuing partners, the User undertakes to undergo identity verification (KYC) procedures upon request of the Administrator or the issuing partner.

3.2. Identification of Users, including document verification, biometric checks (Liveness check), politically exposed person screening (PEP), and sanctions screening, is carried out by the Administrator with the engagement of specialized accredited partners (identity verification service and compliance analytics providers).

3.3. The User gives explicit and unconditional consent to the transfer of their personal data and document copies to the specified authorized partners exclusively for the purposes of verification and compliance control.

3.4. Refusal to undergo verification, provision of incomplete, inaccurate, or falsified data, as well as identified matches on sanctions lists, shall constitute grounds for immediate refusal of service, restriction of functions, or account suspension without prior notice.

4. Terms of Payment, Execution of Services, and Non-Refundable Condition

4.1. Time of Service Execution: The Administrator’s IT services are deemed fully rendered and accepted by the User in full at the moment the User’s top-up instruction is successfully processed and the corresponding accounting balance is displayed on the Virtual Card within the Service.

4.2. Finality of Transactions: All operations regarding top-ups, issuance, and usage of Virtual Cards are final. Funds credited to the balance or allocated for card issuance are strictly non-refundable.

4.3. No Access to Blocked Funds: In the event of transaction blocking, card suspension, or account freezing by an issuing partner, acquirer, payment scheme, or compliance provider (including due to AML/KYC triggers, suspicion of fraud, sanctions violations, or AUP breaches), the Administrator has no legal or technical access to the frozen funds and does not perform refunds.

4.4. To unblock funds and submit appeals, the User must interact directly with the compliance department of the issuing partner, with informational assistance from the Service’s Support Team.

4.5. The Administrator is not liable for and shall not refund fees or top-up amounts if transactions are declined by external acquirers, service providers, or merchants after funds have been successfully authorized and debited from the Virtual Card.

5. Prohibition of Unauthorized Chargebacks

5.1. The User is strictly prohibited from initiating chargeback or dispute procedures through an issuing bank, payment gateway, or payment scheme in respect of funds successfully credited to the Virtual Card balance or used to pay for Service features.

5.2. In the event that the User initiates an unsubstantiated chargeback, the Administrator reserves the right to:

  • Immediately and permanently block the User’s Account and all active Virtual Cards;
  • Debit the amount of the disputed transaction from the User’s available balance and recover all fees and penalties imposed on the Service by the acquirer or payment scheme;
  • Report the User’s data to global compliance databases and registries for fraudulent activities (Friendly Fraud).

6. Limitation of Liability of the Administrator

6.1. The Administrator shall not be held liable for:

  • Refusals to accept Virtual Cards by specific third-party services, websites, or merchants;
  • Changes to rules, limits, and operational terms made by issuing banks and international payment schemes;
  • Delays or disruptions in the operation of third-party payment gateways, blockchain networks, and verification providers;
  • User losses resulting from the disclosure of Account access credentials by the User to third parties.

6.2. The aggregate liability of the Administrator for any claims or disputes shall be strictly limited to the amount of fees actually received by the Administrator from the specific User for providing IT services during the preceding 30 (thirty) days.

7. Amendments to the Offer and Dispute Resolution

7.1. The Administrator reserves the right to unilaterally amend this Offer. The new version of the Offer comes into force upon its publication on the website https://beripay.net/terms and/or in the Telegram bot.

7.2. Continued use of the Service after the publication of amendments constitutes full acceptance by the User of the updated version of the Offer.

7.3. All disputes and disagreements shall be resolved through negotiations via the Support Service. If agreement cannot be reached, the dispute shall be examined in accordance with the substantive law of the Kyrgyz Republic at the location of the Administrator.

8. Administrator Details and Contacts

Administrator: NextLab LLC (ООО «НекстЛаб»)

Registration Number: 326188-3301-ООО

TIN (INN): 00203202610365

Legal Address: Office 4a, 141 Toktogula St., Pervomaisky District, Bishkek, Kyrgyz Republic