The terms and conditions laid out herein outline the provisions under which users and clients can use verifilite and its website. Each user and/or customer thereby using Verifile—its website or its services—is required to fulfill these conditions.
In essence, our Terms & Conditions outline the conditions under which our Know Your Customer (KYC), identity verification, and all other related services can be used and the obligations that must be adhered to by the clients. These conditions have been put forth for the protection of the client as well as user data and as a means to specify the circumstances under which verifilite reserves the right to refuse services to clients.
The Verifilite terms of service present the individual obligations of the clients and verifilite as well as certain mutual obligations of both parties. It also details individual definitions of certain technical terms used by the company. It also underlines the conditions of the use of our Hosted Verification services, wherein we provide a separate identity verification page for a business with a unique URL that directs the end user to a page where they can perform KYC, identity verification, or Anti-Money Laundering (AML) screening.
The terms and conditions also include the provisions of usage and protection of client data collected during the identity verification process. It further entails the conditions of payment and charges incurred to the clients in exchange for KYC and other services. It goes on to outline the stipulations of confidentiality that ought to be fulfilled by both the client as well as verifilite. It stipulates the guidelines that each party must adhere to in order to collect and protect information collected by either one of them. The terms also outline the terms under which the agreement between both parties may be terminated and how it may affect the client and verifilite.
These Terms and Conditions (“Terms”) set forth the provisions governing the use of Verifilite (“Verifilite,” “we,” “our,” or “us”), including our website and all related services. By accessing or using Verifilite’s website or services, each user or client (“you,” “your,” or “client”) agrees to comply with and be bound by these Terms.
These Terms outline the conditions under which our Know Your Customer (KYC), identity verification, Anti-Money Laundering (AML) screening, and other related services may be used. They also define the respective rights and obligations of both Verifilite and its clients, ensuring the protection of user and client data while specifying the circumstances under which Verifilite reserves the right to refuse services.
Verifilite provides various verification and compliance solutions, including Hosted Verification Services, through which a client may receive a dedicated verification page with a unique URL. This enables end users to complete KYC, identity verification, or AML screening directly through Verifilite’s secure platform.
These Terms set forth the individual obligations of both the client and Verifilite, as well as certain mutual responsibilities. Verifilite commits to delivering its services in accordance with applicable regulations and industry standards, while clients agree to use the services lawfully and responsibly, providing accurate and complete information as required.
Verifilite collects and processes client and end-user data solely for the purpose of performing verification and compliance-related services. All data handling is governed by strict confidentiality and data protection standards. Both Verifilite and the client are required to implement reasonable measures to protect all collected information from unauthorized access, misuse, or disclosure.
Clients are responsible for all fees and charges associated with Verifilite’s services, as outlined in their respective agreements or invoices. Verifilite reserves the right to amend its pricing structure or payment terms, subject to prior notice as may be applicable.
Both parties shall maintain the confidentiality of all non-public information obtained during the course of their engagement. Such information shall not be disclosed to any third party without prior written consent, except as required by law or regulatory authority.
Either party may terminate the agreement in accordance with the termination provisions specified in their contract. Upon termination, all outstanding obligations, including payment for services rendered and the secure handling or return of confidential data, must be fulfilled. Termination does not relieve either party of obligations that, by their nature, are intended to survive termination.