Terms And Conditions
Effective Date: [05.05.2025]
These Terms and Conditions (“Terms”) govern your access to and use of KronMoney’s platform, website, mobile application, and services (“Services”). By creating an account, using our website, or accessing any part of our Services, you agree to be legally bound by these Terms.
If you do not agree, you must discontinue use immediately.
1. Who We Are
KronMoney Group Ltd ("KronMoney", “we,” “our,” or “us”) is a digital financial services provider offering secure online payments, QR-based transactions, mobile wallets, virtual cards, and remittance solutions.
2. Eligibility
To use KronMoney:
You must be at least 18 years old
You must provide valid identification (as required by KYC/AML laws)
You must not be prohibited from using our Services by applicable laws
3. User Account
When registering:
Provide accurate, complete information
Maintain the security of your login credentials
You are solely responsible for activity under your account
We reserve the right to suspend or terminate accounts suspected of violating these Terms or any laws.
4. Permitted Use
You agree to:
Use KronMoney only for lawful purposes
Not attempt to reverse-engineer, hack, or disrupt the platform
Not use our Services to fund illegal transactions, fraud, terrorism, or money laundering
5. Services Offered
KronMoney provides:
Mobile Wallets for storing and sending/receiving funds
QR Code Payments for quick and secure transactions
Virtual Cards for online purchases
Remittance Services to send funds across borders
Merchant & Agent Tools for business integration and profit tracking
We may add, remove, or modify features with notice.
6. Fees and Charges
KronMoney may charge:
Transaction fees
Currency conversion fees
Withdrawal/transfer charges
Inactivity fees (for dormant accounts)
All fees will be displayed transparently before confirmation. See our Fees & Charges Page.
7. Security & Fraud Prevention
We use encryption, two-factor authentication (2FA), device monitoring, and behavior tracking to secure your account. However, you are responsible for:
Keeping your credentials safe
Promptly reporting suspicious activity
8. Compliance & Verification
We comply with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations. You may be asked to:
Submit a government-issued ID
Provide proof of address
Complete biometric verification
Failure to do so may result in account suspension.
9. Intellectual Property
All KronMoney logos, trademarks, designs, and software are our property. You may not:
Reproduce or distribute platform content
Use our name or assets without written permission
10. Limitation of Liability
KronMoney shall not be liable for:
Any loss of funds due to unauthorized access caused by your negligence
Downtime, service interruptions, or system errors
Indirect, incidental, or consequential damages
Our total liability will not exceed the amount of fees paid by you in the 3 months preceding the event.
11. Account Termination
We may suspend or close your account if:
You breach these Terms
Fraud or suspicious activity is detected
Requested by law enforcement or regulators
You may close your account at any time by contacting support, provided there are no pending obligations.
12. Privacy
Your data is handled in accordance with our Privacy Policy. We never sell your personal information.
13. Governing Law
These Terms are governed by the laws of England and Wales. Any disputes will be handled in courts located in London, UK.
14. Changes to Terms
We may revise these Terms at any time. If changes are material, we will notify you via email or prominently on the site. Continued use after changes means acceptance.
