This policy serves as an agreement between the user and UTSPAY regarding the use of UTSPAY, which includes both website and application of UTSPAY.
By accessing or using UTSPAY, you acknowledge and agree to comply with the following terms, conditions, and notices. Your use of the UTSPAY website and application constitutes your acceptance of all the terms, conditions, and notices outlined herein.

By using UTSPAY, you agree to be bound by the terms, conditions, and notices stated in this policy. These terms apply to all users of UTSPAY.

UTSPAY reserves the right to modify, amend, or update this policy at any time without prior notice. It is your responsibility to review these terms periodically to ensure compliance.

In order to utilize the services provided by UTSPAY, users are required to have a UTSPAY account. This includes the ability to request a refund, which will be solely determined by UTSPAY and subject to the terms and conditions in place. Please note that failure to comply with any of the required conditions may result in account suspension or termination.

UTSPAY and its partner brokers have a mutually beneficial relationship, allowing them to collaborate freely. However, it is important to note that UTSPAY will not assume any liability for any damages or losses incurred by customers while participating in activities with Partner brokers.

Customers are solely responsible for any applicable taxes. If taxes are levied on the Cashback received from UTSPAY, it is the customer's responsibility to handle them accordingly.

You have the flexibility to withdraw your Cashback whenever you wish, as long as you adhere to the terms and conditions outlined in this Agreement or any specific conditions associated with individual entries in your account. When withdrawing money, it is necessary for the name on the bank account to match the name used for identity verification. This requirement is in compliance with the law to prevent the act of anti-money laundering. Furthermore, the Company retains the right to temporarily suspend the withdrawal of funds from the Client's account in the event that any improper or fraudulent activity is detected. This measure is implemented to safeguard the interests of both the Company and the Client, ensuring a secure and transparent financial environment. To be eligible for withdrawal, the total value of your accumulated Cashback must meet or exceed the minimum withdrawal amount, which will be communicated periodically. To withdraw your Cashback, it is essential to have an active account and provide the necessary information, such as a valid bank account number, to facilitate the withdrawal process.

Earning cashback in your account does not grant you ownership or control over any funds or assets held by UTSPAY. The cashback you accumulate in your account does not represent funds held in trust by UTSPAY for your benefit. Your rights and entitlements are solely confined to personal or contractual repayment rights that may arise from this Agreement.

The cashback accumulated in your UTSPAY account will expire if there is no trading activity or any other form of action for a continuous period of 180 days. It is important to note that remaining inactive for such a duration will result in the expiration of the cashback.

To earn cashback, the trading account added with UTSPAY must have a username that matches the authentication with UTSPAY. The account that will receive the cashback must be associated with UTSPAY. Please be aware that all trading activities and investment decisions are undertaken at your own risk. UTSPAY holds no responsibility in any manner for any outcomes resulting from these actions. It is important to refrain from engaging in fraudulent activities or violating the terms and conditions of UTSPAY or its partner brokers.

These terms and conditions are governed by and subject to the regulatory framework of Dubai laws.

In the event of any discrepancy between different versions of the terms and conditions, the English version shall prevail and be considered the authoritative version.

UTSPAY provides a range of bonuses and prizes to its users. Participation in UTSPAY activities, such as inviting friends to use UTSPAY, may entitle you to earn bonuses or rewards. The specific terms and conditions for each activity will outline the methods by which bonuses or rewards can be earned. Please review and comply with these terms and conditions in order to qualify for and receive the associated benefits. UTSPAY reserves the right to approve the disbursement of such bonuses or rewards based on adherence to the stated terms and conditions.