Terms and Conditions

These Terms govern your use of our combined payment processing and point-of-sale (POS) SaaS platform, hardware, professional services, and related features (“Services”). By signing up, accessing, or using the Services, you (“Customer,” “you,” “your”) agree to these Terms. If you act on behalf of a business, you represent that you have authority to bind that business.

1. Services & Grant of Access

We grant you a limited, non-exclusive, non-transferable, revocable right to access and use the Services for your internal business operations during the Term. This includes POS terminals, cloud portal, payment gateway integration, hardware (if purchased), and add-ons (loyalty, online ordering, kitchen display, etc.).

You may not: sell, sublicense, modify, reverse-engineer, or transfer the Services; use them for third-party hosting; or circumvent security.

2. Customer Responsibilities

Secure all usernames, passwords, and POS hardware. Immediately report breaches.
Properly configure POS terminals, test transactions (minimum 3 × $0.01 before go-live), perform daily reconciliation, and validate deposits/loyalty points.
Train staff and ensure transactions are batched and credited correctly. We have no liability for misconfiguration or reconciliation failures.
Comply with all applicable laws, including PCI DSS for card data.
Obtain explicit consent before sending marketing SMS/texts to your customers (TCPA compliance).

3. Payment Processing & Fees

We provide payment processing through PCI DSS-compliant third-party providers. You authorize us (or our processors) to debit your account for fees, transaction amounts, chargebacks, and reversals.

You are solely responsible for: chargebacks, refunds, fraud losses, and disputes. We may pass through processor fees, interchange, and assessment fees. All fees are non-refundable.

You must maintain a valid bank account and authorize recurring ACH debits or card charges for subscription and processing fees. Late payments accrue interest at 1.5% per month.

4. Intellectual Property

We (or our licensors) own all right, title, and interest in the Services, software, hardware designs, documentation, and improvements. You own your Customer Data.

You grant us a worldwide, royalty-free, perpetual license to use, aggregate, and anonymize Customer Data to provide/improve the Services, for analytics, benchmarking, and product development.

5. Data & Security

We store Customer Data for 12 months at no extra charge (storage fees apply thereafter). Upon termination, data is available for export for 30 days.

We collect Usage Data (logs, performance metrics) to operate and improve the Services.

You are responsible for data backup and security of your locations/equipment.

6. Privacy

Your use is subject to our Privacy Policy (incorporated by reference).

7. Fees & Payment

Subscription fees, hardware costs, and processing fees are listed in your Proposal/Order Form and charged as agreed. We may change fees with notice. You pay all applicable taxes.

8. Term & Termination

Initial term is 36 months, auto-renewing for successive 36-month periods unless 30 days’ written notice is given.

You may terminate for convenience (full Initial Term fees still due). We may terminate for breach (including non-payment) after 30 days’ notice.

Upon termination: access ends immediately; fees owed survive; Customer Data available for 30 days.

9. Limited Warranty & Disclaimers

We provide the Services “as is” with commercially reasonable uptime efforts. No warranty of uninterrupted service (Internet/cloud dependencies apply).

We disclaim all other warranties (merchantability, fitness, error-free operation).

10. Limitation of Liability

Our total liability shall not exceed the fees paid by you in the 12 months preceding the claim. We are not liable for lost profits, data loss, or indirect/consequential damages.

11. Indemnification

You indemnify us against claims arising from your use, misconfiguration, chargebacks, or violation of law. We indemnify you against third-party IP infringement claims related to the core Services.

12. General Provisions

Governing Law: State of Idaho.
No partnership/agency created.
Assignment requires consent (except in merger/sale of all assets).
Force Majeure applies (except payment obligations).
Severability, waiver, and survival clauses apply.
Notices must be in writing.
Entire agreement; amendments in writing.

By using our Services, you acknowledge you have read, understood, and agree to these Terms and our Privacy Policy.

Contact: Paramount Payment Systems, 841 E Fairview Ave. #101 Meridian ID 83642, sales@paramountpayment.com , 866-663-0810

These documents combine the key provisions from the provided SaaS Agreement, typical merchant processing requirements, POS operational responsibilities, SMS consent rules, data ownership/security practices, and standard B2B legal protections. Customize placeholders, pricing, and company details before publishing. Consult legal counsel for your jurisdiction and specific payment processor agreements.