MAJORITY GLOBAL, LLC – TERMS OF SERVICE

IMPORTANT – PLEASE READ CAREFULLY. THE MAJORITY GLOBAL TERMS CONTAIN AN ARBITRATION PROVISION REQUIRING ALL CLAIMS TO BE RESOLVED BY WAY OF BINDING ARBITRATION.

These Terms of Service (the “Majority Global Terms”) constitute a legal agreement between you and Majority Global, LLC   (“Majority Global,” “we,” “us,” or “our”) governing your access to and use of our mobile application (the “App”), website (www.majority.com) (the “Website”), software (the “Software”), and other products and services, features and functionality including content, updates and new releases and associated services (collectively, the “Services”) made available by Majority Global and its affiliates and partners.

By applying to create an account within the App to access and use our Services (a “Majority  Account”), you agree that you have read, understood, and accepted all of the terms and conditions contained in this Agreement, as well as consent to the collection, use, disclosure and other handling of information as described in our Majority Global Privacy Notice. The Majority Global Terms apply to all users of the Services (“Users”).

IMPORTANT NOTICE REGARDING YOUR ASSETS: OUR APP HELPS YOU CREATE YOUR OWN SECURE SELF-CUSTODIAL WALLET SERVICE UTILIZING MULTI-PARTY COMPUTATION (MPC) TECHNOLOGY. THIS MEANS THAT YOU ALONE ARE IN CONTROL OF AND RESPONSIBLE FOR YOUR CRYPTOGRAPHIC PRIVATE KEY INFORMATION AND DIGITAL ASSETS (VIRTUAL CURRENCY) HELD IN YOUR SELF-CUSTODIAL WALLET. NEITHER MAJORITY GLOBAL NOR ITS AFFILIATES HAVE CUSTODY OR CONTROL OVER YOUR ASSETS. WE CANNOT ACCESS, CONTROL, REVERSE, OR CANCEL YOUR TRANSACTIONS. YOU ARE SOLELY RESPONSIBLE FOR THE SECURITY OF YOUR WALLET ACCESS CREDENTIALS, INCLUDING YOUR DEVICE SECURITY AND ANY BACKUP METHODS YOU EMPLOY. HOWEVER, MAJORITY GLOBAL MAY OFFER OPTIONAL FEATURES THAT WOULD ALLOW YOU TO SECURELY RECOVER YOUR PRIVATE KEY.

CUSTOMER SUPPORT

Customer satisfaction is important to us at Majority Global. If you have any questions about your Majority Account, the Services, our Partner Services, or these Majority Global Terms, please contact us:

• Via an in-App message: Go to the “Profile” tab in the App, then select the “Support” cell to send us a message in-App
• Via email: [email protected]

Please note that the communication channels stated above are the only ones used and authorized by us. Do not engage or trust any communication in other channels (via messaging apps, phone or otherwise) since they may be means for obtaining your personal information or engaging in fraudulent or illegal activities.

Our communications may be recorded and kept in connection with applicable laws and policies.

1. THE IMPORTANT SHORT INTRODUCTION

These Majority Global Terms represent a binding legal agreement between you and Majority Global and govern the provision and use of the Services. The Services are designed to help you create your own self-custodial digital asset wallet that allows you to hold, send and receive stablecoins and to exchange stablecoins and certain fiat currencies. 

The Majority Global Terms are the terms and conditions set forth herein, but also any additional terms and conditions, policies, rules, guidelines, rates, offers or similar published in the App or on the Website relating to the Services. You should read them all carefully and retain them for your records. If you don't agree to the terms and conditions set forth herein, please don't use the Services. By applying to create a Majority Account or by accessing or using our Services, you agree that you have read, understood, and accepted all of the terms and conditions contained in these Majority Global Terms, as well as the Majority Global Privacy Notice.

Some of the products and services may be provided in whole or in part by third parties (including but not limited to on ramp and off ramp services as provided under Section 3.2 and conversion services necessary to perform such) (herein referred to as “Partner Services” and our “Partners”) and not us. The services from these Partners, depending on their type and/or jurisdiction have certain terms for such services (the “Partner Agreements”) that will apply when you use the Partner Services. The conditions of the Partner Agreements will be made available to you in the App, Website and when you apply to use the Partner Services. By accepting the Majority Global Terms, you accept that certain services may be provided through Partner Agreements.  You accept all relevant Partner Agreements by applying for or utilizing those Partner Services (as applicable). The Partner Agreements are separate agreements between you and/or us, and/or our Partners and govern your use of the Partner Services. Some of the Partner Services or our Services may not be available to you depending on the level of identity verification you have completed or may require you to perform certain actions in order to be able to use them. We reserve the right to require any level of or additional identity verification or information to access or use any of the Partner Services or Services, in our sole discretion.

By applying for or otherwise retaining, using the Services and/or any Partner Services, you represent and warrant that: (i) you are at least 18 years of age (or older if you reside in a jurisdiction where the legal age of majority is older) and are fully able and competent to conclude the terms and conditions set out herein on your own; (ii) you are not a resident of, or located in, a Prohibited Jurisdiction (as defined below); (iii) you have provided us with true, correct, up-to-date, and complete declarations and information regarding your identity, address of residence and other information we request from you and, you acknowledge that depending on the jurisdiction where you are located, we may need to request further information from you prior to us being able to open a Majority Account for you or in the future and (iv) that you have read and understand the Majority Global Terms, and agree to be bound by and to comply with these Majority Global Terms.

To ensure compliance with laws and regulations of the jurisdiction where you reside or to address jurisdiction-specific features of the Services, these Majority Global Terms may be supplemented by jurisdiction-specific provisions. Where such jurisdiction-specific terms apply, they will be clearly identified in this document for your understanding.

2. OPENING YOUR MAJORITY ACCOUNT

To open a Majority Account you will be required to provide your name, date of birth, email address, phone number, address of residence, a copy of your government-issued ID, a selfie, and other information that we may be required to obtain depending on your jurisdiction or as we deem needed to verify your identity or the use of your Account. By providing such information, you expressly consent to the collection, use, storage, and transfer of your personal data as described in the Majority Global Privacy Notice and Section 13 of these Majority Global Terms, including the sharing of your personal data with our Partners and third-party service providers for identity verification, regulatory compliance, and the provision of the Services and Partner Services. You represent and warrant that the declarations and information you provide to us are accurate, complete, and not misleading, and that you will keep it accurate and up to date at all times. Each User may apply for one single Majority Account.

When agreeing to complete our identity verification onboarding process, you hereby authorize us, directly or through third parties, to make any inquiries we consider necessary to validate your identity or any information you provide to us. This may include asking you for further information or documentation about your intended use of the Services or your identity, requiring you to take steps to confirm ownership of your email address, phone number, or financial information, or verifying your information against third party databases or through other sources.

You agree to provide us with the information we request (which we may request at any time we deem necessary) for the purposes of identity verification and the detection of money laundering, the financing of terrorism, fraud, or any other financial crime. If you decline to provide us with the information that we request or if we cannot verify your identity, then you will not be able to use some or all of the Service, which may include, without limitation, the ability to make transactions beyond certain volume limits through our Services. We reserve the right to suspend or terminate your access to our Services at any time if we discover that you provided any inaccurate, false, or incomplete information.

You agree and understand that unless you provide all required information, declarations and documentations necessary, you will not be able to use or maintain the use of a Majority Account or any of the Services offered in the App.

Residents of, or persons located in, a Prohibited Jurisdiction (as defined in Section 14.3 below) are not eligible to become Users. Additionally, at our discretion, we will restrict opening a Majority Account from countries we deem high risk or in which we are not allowed to accept applications from.

3. THE SERVICES

THE FEATURES DESCRIBED BELOW WILL BE AVAILABLE TO YOU ONCE YOU HAVE SUCCESSFULLY PASSED THE ONBOARDING PROCESS.

SOME FEATURES OF THE SERVICES MAY INITIALLY ONLY BE AVAILABLE FOR USERS IN SELECT JURISDICTIONS. WE ARE WORKING HARD TO MAKE ALL FEATURES AVAILABLE IN ALL JURISDICTIONS WHERE WE OPERATE. THIS WILL HAPPEN IN PHASES, SO AT THE TIME OF LAUNCH, NOT ALL USERS WILL HAVE ACCESS TO THE SAME FEATURES. AS WE EXPAND AND ENHANCE OUR SERVICES, WE WILL NOTIFY YOU WHEN NEW FEATURES BECOME AVAILABLE IN YOUR JURISDICTION.

3.1 Create your own Self-Custodial Wallet

Our Services allow you to create your own self custodial wallet (the “Wallet”). The Wallet is a self-custodial wallet that uses Solana blockchain technology to allow you to store, exchange and transfer supported stablecoins, such as USDC. The key features of the Wallet are as follows:

• Self-Custody: Our App helps you create your own secure, self-custody wallet. This places you in exclusive control of your private keys and stablecoins. Majority Global is not a custodian, does not have access to your private keys, and cannot access or control your stablecoins.
• User Control and Ownership: You maintain sole ownership and control of your      Wallet and the stablecoins within it for all transactions you make through our Services. You, as the owner and custodian of the stablecoins in your Wallet, bear all risk of loss. We help you create your Wallet when you apply for and get approved for your Majority Account through our onboarding process. We may act as the counterparty for the process of selling and buying stablecoin to fund your transfer. To the extent permitted by the applicable law, Majority Global will have no liability for supported stablecoin fluctuations or loss associated with your use of the App. Subject to outages, downtime, and other applicable policies, you may withdraw your stablecoins at any time by sending them to a different blockchain address. You are solely in control of and responsible for your Wallet and accordingly only you can authorize transactions from your Wallet. You expressly acknowledge and agree that the Wallet created through our Services is a self-custody wallet and that you are solely responsible for your activity and any risk of loss at all times. Transactions completed on the blockchain are final.
• Stablecoins: From time to time, Majority may support different stablecoins and blockchain networks. Currently, the Wallet supports USDC on the Solana network. USDC is issued and operated by Circle Internet Financial, LLC (“Circle”) and its affiliates and is intended to be backed 1:1 by U.S. dollar reserves. USDC held, received, or sent through the Wallet is subject to the inherent risks of the token and the underlying network(s), including price volatility, network congestion or outages, protocol changes, and actions by the issuer or governmental authorities. Majority does not control USDC or the Solana network and is not responsible for any change in the value or availability of USDC, or for actions taken by Circle, other third parties, or regulators. Supported assets and networks may change at any time.
• Networks and forks: It is possible that the Solana network or any other network suffers changes (commonly known as “forks”) that affect the availability, conditions or value of the supported stablecoins. Majority is not responsible for any matter or situation that arises out of a change in the Solana or other networks.

     

3.2 On-ramp and Off-ramp Services

• On-ramping:  You may be able to add supported stablecoins to your Wallet through the App by exchanging fiat currency through supported methods directly through us or through Partner Services. The available methods for exchanging fiat currency to stablecoins will depend on the jurisdiction you are located in, the conditions for such when offered through Partner Services, and applicable regulations.
• Off-ramping: You may exchange supported stablecoins that you hold in your Wallet into fiat currency through supported disbursement methods. The available offramp methods and supported currencies will vary by country, applicable regulation and or conditions of Partner Services.

Important Notice: The on-ramp and off-ramp services may not be available yet or be limited in your jurisdiction. Features may be introduced in phases and may differ across jurisdictions and with or without different Partners. More details, including supported methods, currencies, fees, and limits, will be provided within the App when these services become operational.

3.3 Sending and Receiving Stablecoins through Majority Pay

Through the “Majority Pay” feature in the App, you may transfer supported stablecoins from your Wallet to the Wallet of another User of the App. Once confirmed, these transfers are immediate and irreversible. You may also receive supported stablecoins into your Wallet from another User via Majority Pay. Transfers sent to you will appear in your App once processed. As stated before, Majority is not able to operate or transfer at your request as you are the sole owner and responsible for your Wallet.

Important Conditions:

• Transfers through Majority Pay do not have a fee.
• Transfers through Majority Pay are only available between Users.
• Transfers to wallets outside the Majority Global ecosystem are not supported by the App.
• You are solely responsible for verifying the recipient’s identity and Wallet details before authorizing a transfer. We cannot reverse, cancel, or recover stablecoins once they have been sent.
• Usage limits, fees, or additional identity verification requirements may apply. Limits may vary by use or country and will be displayed in the App when applicable; however, for security and fraud prevention purposes, not all limits or thresholds may be disclosed.

                                                                                                                                            

4. SUPPORTED CURRENCIES

Our Services are intended for use with supported stablecoins and supported fiat currencies (directly or through Partners) as determined in our sole discretion. Initially, our Services will support USD Coin (USDC) issued by Circle Internet Financial, LLC and will support the fiat currency of the jurisdictions where we enable our Services. We may, at our sole discretion, add full or limited support for additional currencies in the future.  We assume no responsibility for any attempt to use Wallet with digital assets that we do not support.

5. FEES

Your use of certain Services or Partner Services may be subject to usage fees when you transact using our Services (“Usage Fees”). These Usage Fees, if applicable, will be displayed to you in the App when you transact and your confirmation of the transaction shall constitute your agreement to such Usage Fees. If you do not accept the Usage Fees do not complete the transaction. No refunds are available.

We and our Partners reserve the right to add, increase, decrease or otherwise modify any fees at any time and without prior notice to you, and in such case, such fee changes shall become effective immediately when published in the Majority Global Terms, the App and/or the Website. If you do not accept such fee changes do not use the Services or Partner Services.

Please note that neither Majority Global nor its Partners have any responsibility for any fees that your mobile carrier may charge you in connection with your use of the App or Services.

6. LIMITS

While your Wallet remains fully self-custodial (meaning you control your private keys and can transact freely on the blockchain), certain in-App functionalities within the Majority Global ecosystem such as the on-ramp and off-ramp methods, Majority Pay or “Partner Services” may be subject to usage limits. These limits may include, but are not limited to, caps on transaction amounts or wallet balance size and number and frequency of transactions.

These limits are implemented solely to manage risk, ensure regulatory compliance (e.g., AML, KYC), and protect platform integrity. The sole restrictions are on how much value can flow through or be processed by our Services or our Partner’s Services at any given time.

If you attempt to circumvent or otherwise violate the applicable limits, we reserve the right to immediately suspend or terminate your access to the Services. In such circumstances, to access your stablecoins you will need to export your private key and transact on the blockchain outside of the Majority Global ecosystem because our Services will no longer be available to you.

7. WALLET SECURITY, BACKUP AND RECOVERY

7.1 Your Responsibility

The Wallet you create through our Services is a self-custodial wallet. You are solely responsible for maintaining the security of your Wallet and the device you use to access it. This includes implementing strong device security like PINs or biometrics and protecting your device from unauthorized access. As the owner of the Wallet, you bear all risk of loss. Any key, password or means to access and operate your Wallet is for personal use only and should not be shared with any person at any time. If you attempt to circumvent otherwise violate these conditions, we reserve the right to immediately suspend or terminate your access to the Services.

7.2 Private Key Security and Backup

Your private key is generated and managed in a way that neither Majority Global nor its service providers ever have access to, see, or store your full private key. You are solely and entirely responsible for the security and management of any private key you export and back up. Anyone who gains access to your backup can access and transfer the stablecoins in your Wallet, and Majority Global is not responsible for any losses that may arise from your failure to properly secure your backup.

7.3 Wallet Recovery

While we do not store your full private key, we do offer a secure recovery process in the event you lose access to your device or Wallet while being a User. This recovery process is designed so that your full private key is only ever reconstructed and used on your own device. At no point during recovery can Majority Global or its service providers see your full private key, ensuring only you can regain access to your Wallet. Said wallet recovery process may not be available at any time or may not be available for more than one occasion. We assume no responsibility in case of loss of your private key or failure to recover access to your Wallet.

8. WALLET RECORDS

When you log into the App you will find information relating to your use of the Services and the Partner Services, such as receipts and payments made, and your current balance (“Majority Account Records”). These records are provided for your convenience only and may not reflect real-time or error-free information. As Majority Global is not a custodian of the digital assets in your Wallet, the official record of transactions and balances is maintained on the applicable blockchain network, and the Majority Account Records are made available to you in the App solely for your convenience. It is your responsibility to verify your transaction and balance information on the blockchain and to retain and save copies of your Majority Account Records for future reference.

We will use commercially reasonable efforts to correct any technical failures relating to your Majority Account Records in the App within a reasonable time. However, your inability to view your Majority Account Records in the App does not extend, or relieve you of, your obligation to pay any amounts owing to us or our Partners, nor does it create any liability for us in relation to the accuracy or completeness of such records.

9. PARTNER SERVICES

Certain features or functionalities within the App may be offered, operated, or facilitated by Partners, third-party service providers or other affiliated partners of Majority Global. These Partner Services may include, but are not limited to, on-ramp or off-ramp services as provided under Section 3.2 and conversion services, payment processing, or other related offerings that enable the functioning of the Services.

By accessing or using any such Partner Services through the App, you acknowledge and agree that:

• Such services are subject to the Partner Agreements, including the terms and conditions, privacy policies, and other legal agreements of the relevant Partner, and that your personal data may be processed by such Partners in accordance with their own privacy policies and applicable data protection laws;
• Majority Global does not control the Partner Services and is not responsible for the content, terms, performance, or availability of such services; and
• It is your responsibility to review and comply with any applicable terms and conditions of the Partner before using those services and that of those of your jurisdiction (including for instance, tax obligations).

If there is a conflict between these Majority Global Terms and the terms of a Partner in connection with a specific Partner Service, the Partner’s terms may control with respect to your use of that specific service.

10. COMPLAINTS

If you have a complaint with respect to Majority Global or our Services, you agree to first contact our customer support as described in the “Contact Us” section above to attempt to resolve such complaint.  If we cannot resolve the complaint through our customer support team, you and we agree to use the complaints process set out in this Section.  You agree to use this process before commencing any action as set out in Section 15.5. If you do not follow the procedures set out in this Section before pursuing action under Section 15.5, we shall have the right to ask the relevant court/authority to dismiss your action/application unless and until you complete the following steps:

• Contact our customer service team and set out the cause of your complaint in your communication and include how you would like us to resolve the complaint and any other information you believe to be relevant. We will acknowledge receipt of your complaint form after you submit it.
• The complaints process set out in this Section is completed when Majority Global responds to your complaint or forty-five (45) business days after the date we receive your complaint, whichever occurs first.
• Any offer of resolution made to you will only become binding on us if accepted by you. An offer of resolution will not constitute any admission by us of any wrongdoing or liability regarding the subject matter of the complaint. 

11. CUSTOMER BREACH AND TERMINATION (WHAT IT IS AND WHAT HAPPENS)

11.1 Breach and Termination

We reserve the right to suspend or terminate your access to the App and/or the Services (in whole or in part, other than your Wallet which is owned and controlled by you), including disabling or revoking your ability to use all or certain features of your Majority Account, under the following circumstances:

• You are in breach of these Majority Global Terms, applicable laws or regulations, our policies, or the terms of any Partner providing services to you through the App;
• We have reason to believe that your use of the Services or Partner Services is fraudulent, unauthorized, unethical, or otherwise illegal;
• You are engaged in behavior that may harm Majority Global, its Partners, or other Users; and
• We are required to do so by applicable law, a regulatory authority, a court order, or our compliance obligations.

If we suspend or terminate your access to the Services, and you have an active Wallet with a recoverable balance of stablecoins, we will, where legally permitted, provide you with a reasonable opportunity to export your private key so you can transact outside of the Majority Global ecosystem if you wish and that wallet will no longer be supported by our Services.

Please note:

• If we are prohibited by law, regulation, court order, or compliance restrictions from providing you with an export or withdrawal option, we may not be able to make your wallet accessible for export or transfer.
• You remain responsible for safeguarding your private key and backup, as neither Majority Global nor its service providers hold or control your private keys.

Following termination, your access to any Services and features within the App will be disabled, and these Terms will cease to apply, except for provisions that by their nature should survive, including those concerning limitation of liability, dispute resolution, and ownership rights. We may be able to retain information pertaining to you, your account, its use or otherwise related for the term necessary to comply with legal obligations.

11.2 Effect of Termination

Upon termination of these Majority Global Terms or termination of your access to the Services for any reason:

• Loss of Access to Services and Partner Services: You will no longer be able to access the App or use any of the Services (other than your Wallet), including the ability to initiate new transactions, recover your Wallet through Majority Global’s or its service providers’ infrastructure, or access Partner Services.
• Wallet Access and Export Options: If we are not restricted from doing so by applicable law or regulation, you may export your private key outside of the App to transact with your Wallet outside of the Majority ecosystem, but such Wallet will no longer be supported by our Services.
• Recovery: After termination and once you export your private key Majority Global will not be able to assist with wallet access or recovery. It is your sole responsibility to securely back up your private key and keep it safe.
• No Re-Enrollment: If you are required to export your private key as a result of a breach of these Majority Global Terms, violation of laws or regulations, or due to fraud, illicit activity or other prohibited conduct, your Majority Account will be closed and we may, at our sole discretion, not permit you to re-enroll or access the Services again.
• Data Retention and Deletion: Any personal information or account-related data retained by Majority Global will be handled in accordance with our Privacy Policy, Majority Global Privacy Notice, Section 13 of these Majority Global Terms and applicable law. We may retain certain information for compliance, legal, or audit purposes, even after your access to the Services has ended. Upon request, and subject to applicable legal retention obligations, we will delete or anonymize your personal data in accordance with applicable data protection laws.
• Survival of Terms: Any provisions of these Majority Global Terms that by their nature should survive termination will continue to apply, including provisions related to ownership, disclaimers, limitations of liability, governing law, arbitration, and dispute resolution.

12. CLOSING YOUR MAJORITY ACCOUNT AND TRANSACTING OUTSIDE OF THE MAJORITY GLOBAL ECOSYSTEM

You may close your Majority Account at any time by contacting us. You may also choose to stop using our Services at any time by exporting your private key and using it to transact outside of the Majority Global ecosystem. Transacting outside our ecosystem will terminate your access to our Services but your Wallet will remain under your control and ownership. Please ensure you fully understand the implications and have the technical knowledge to manage your private keys securely before proceeding with any export request.

If you export your private key(s) voluntarily and not as a result of us suspending or terminating your access to our Services due to your breach of these Majority Global Terms, a violation of laws or regulations, fraud, illicit activity, or other prohibited conduct, you may be eligible to sign up for the Services again in the future, at our own discretion. Any such re-enrollment will require you to complete the Majority Account opening and onboarding process described in Section 2, including passing all required identity verification procedures.

13. YOUR PRIVACY

For information about our privacy practices, how we use your personal information, and your privacy choices please see our Majority Global Privacy Notice. By using the Services, you acknowledge and agree that we may collect, process, store, and transfer your personal data (including sensitive personal data such as government-issued identification, biometric data, and financial information) as described in the Majority Global Privacy Notice and as necessary to provide the Services. You further acknowledge that your personal data may be shared with our Partners, affiliates, and third-party service providers (including those located in jurisdictions outside your country of residence) for the purposes of identity verification, regulatory compliance (including KYC and AML requirements), transaction processing, fraud prevention, and the provision of the Services and Partner Services. Any such cross-border transfer of personal data will be carried out in accordance with applicable data protection laws and the Majority Global Privacy Notice. Where required by applicable law, we will obtain your express consent before processing or transferring your personal data.

You have the right, to the extent provided by applicable law, to access, rectify, cancel, or oppose the processing of your personal data, as well as to revoke any consent previously granted for such processing (collectively, your “Data Subject Rights”). To exercise any of your Data Subject Rights, please contact us using the methods described in the “Contact Us” section of the Majority Global Privacy Notice. We will respond to your request in accordance with the timeframes and procedures established by applicable data protection legislation. Please note that certain Data Subject Rights may be limited where we are required to retain your data for regulatory, compliance, or legal purposes.

We will retain your personal data only for as long as necessary to fulfill the purposes for which it was collected, to comply with our legal and regulatory obligations (including record-keeping requirements under applicable anti-money laundering and financial regulations), and to exercise or defend legal claims. Upon termination of your Majority Account, we may continue to retain certain personal data as required or permitted by applicable law.

14. USE AND RESTRICTIONS

14.1 Your Use of the Services and Our Right to Change the Services

You acknowledge that the products, features or functions or other parts of the Services or Partner Services may change over time. We or our Partners may without prior notice to you change the form and nature of the Services and/or Partners Services. Furthermore, we and our Partners may in our sole discretion, and without prior notice to you, decline to provide and/or stop (permanently or temporarily) providing the Services and/or Partner Services (or part thereof) to you or to users generally. We may make updates to the Software, the App or other parts of the Services at any time and shall have no obligation whatsoever to provide any such updates to you. It is your responsibility to use the latest available version of the Software, App or other parts of the Services (where applicable).

You agree that you are solely responsible (and that we and our Partners have no responsibility to you or to any third party) for any data, content, or resources that you transmit by using the Services or Partner Services, and for the consequences of such actions, including any loss or damage which we, our Partners or any other third party may suffer.

Use of all or parts of the Services may require additional identity verification, in our sole discretion. You agree to provide all information requested by us or our Partners in order to verify your identity, and your failure to do so may result in us or our Partners declining or ceasing to provide any or all of the Services to you.

You agree that the Services are to be used only for your personal or household purposes. 

You may not use the Services for any commercial or illegal purposes. You may not resell the Services or use the Services on behalf of, or as agent for, another person. You assume all risks associated with the purchase of goods or payment for services of any kind, such as losses you suffer for undelivered or defective goods and service you pay for using the Services.

14.2 Prohibited Use

By using the Services and Partner Services, you agree not to:

• Use or access the Services and Partner Services for any unlawful purpose or in violation of any local, state, national or international law;

• Use or access the Services or Partner Services in any manner inconsistent with the Majority Global Terms or the Partner Agreements;

• Attempt to gain unauthorized access to any other User’s Majority Account, upload malicious code of any type, or otherwise damage the Services, Partner Services, App or Website;

• Infringe our or our Partner’s intellectual property rights, or those of any third party in relation to your use of the Services or Partner Services;

• Transmit any communication that is defamatory, offensive, threatening, or otherwise objectionable in relation to your use of the Services or Partner Services;

• Harass, threaten, demean, embarrass, bully, or otherwise harm any other User of the Service;

• Damage, disable, overburden, modify, tamper, impair or compromise our or any third party’s systems or security or interfere with other users;

• Access, search, or otherwise use any portion of the Service through the use of any engine, software, tool, agent, device, or mechanism (including spiders, robots, crawlers, and data mining tools) other than the Software or search agents provided by Majority Global;

• Collect or harvest any information or data from Users, the Services or Partner Services or any applicable systems or attempt to decipher any transmissions to or from the servers running the Services or Partner Services;

• Reverse engineer, decompile or try to discover the source code of the Services, Partner Services, App, Software or Website; or interfere with security-related features of the Service, including by disabling or circumventing features that prevent or limit use, printing or copying of any content;

• Provide us or our Partners with any false, inaccurate or misleading information;

• Intercept or monitor, damage or modify any communication which is not intended for you;

• Sell, rent, lease, distribute, market, or use the Services and/or Partner Services for any commercial purpose;

• Holding the Majority Account and using the Services solely for the purpose of gaining or making money based on currency conversion rates;

• Use the Services (including those provided by Partners) for a third party or act upon instructions of a third party, share any key, password or information to access or operate all or any part of the Services (including those provided by Partners) with a third party;

• Remove, obscure, or alter our or any of our Partner’s copyright notices, trademarks, or other proprietary rights notices affixed or contained within the Services, Partner Services, App or Website; or violate, encourage others to violate, or provide instructions on how to violate, any right of a third party, including by infringing or misappropriating any third-party intellectual property right of ours or our Partners’; or

• Perform any fraudulent activity including impersonating or attempting to impersonate any person or entity, claiming a false affiliation or identity.

To protect you, other Users, us or our Partners or if you engage in any of the activities listed above, we are entitled to, in our sole discretion, immediately without prior notice, to limit (including limiting your ability to pay or send funds with any of the supported methods in your jurisdiction, restricting your ability to send and receive stablecoins or on-ramp and off-ramp, in each case, through our Services) or suspend the provision of the Services and/or Partners Services (or any part thereof) and/or terminate the Majority Global Terms if we determine you are using the Services or the Partners Services or otherwise acting in breach of the Majority Global Terms and/or Partner Agreements.

We may also: (i) refuse to provide the Services to you in the future; (ii) refuse to complete, block or cancel a transaction using the Services; (iii) update inaccurate information you provided us; or (iv) take whatever action we consider necessary, including legal action against you to protect us, our Partners and other Users against the risk of liability; fraud or illicit activity.

14.3 Location restrictions and Prohibited Jurisdictions

The Services and Partner Services can only be offered in jurisdictions where they are legally allowed to be offered. If you are residing in a jurisdiction where it is prohibited by law to offer or use the Services or the Partner Services, you may not use those Services in such jurisdiction. It is your responsibility to ensure that you are legally allowed to use the Services and Partner Services where you are located. If any laws applicable to you restrict or prohibit you from using the Services, you must comply with those legal restrictions and, if applicable, stop accessing and/or using the Services and Partner Services.

Furthermore, you are prohibited from using the Services if you are a resident of, or are located in, any of the following jurisdictions (“Prohibited Jurisdictions”):

• Afghanistan

• Albania
• Belarus
• Bosnia and Herzegovina
• Central African Republic
• China
• Cuba
• Democratic People’s Republic of Korea (DPRK)
• Democratic Republic of Congo
• Ethiopia
• European Union countries
• Guinea
• Guinea Bissau
• Hong Kong
• Iran
• Iraq
• Kosovo
• Lebanon
• Libya
• Mali
• Montenegro
• Myanmar (Burma)
• Republic of North Macedonia
• Russia
• Serbia
• Somalia
• South Sudan
• Sudan
• Syria
• Ukraine
• United Kingdom
• Venezuela
• Yemen
• Zimbabwe

By using the Services, you represent and warrant that you are not a resident of and are not located in any Prohibited Jurisdiction. If you become a resident of a Prohibited Jurisdiction, you must immediately cease using the Services and notify us. We reserve the right to add or remove jurisdictions from this list at our sole discretion and may implement controls to restrict access from any Prohibited Jurisdiction.

15. LEGAL AND MISCELLANEOUS

15.1 Assignment

We may assign all or part of our rights and/or obligations under the Majority Global Terms without notice to you (the same right applies for our Partners in relation to the Partner Agreements). You are not allowed to assign any rights or obligations under the Majority Global Terms or any Partner Agreement to any third party without our prior written consent.

15.2 Limitation of Liability

IN NO EVENT SHALL WE, NOR SHALL OUR SUBSIDIARIES, AFFILIATES OR PARTNERS OR ANY OTHER SERVICE PROVIDER WHO FURNISHES SERVICES IN CONNECTION WITH THE SERVICES OR PARTNER SERVICES (OR OFFICERS, DIRECTORS, SHAREHOLDERS, MEMBERS, EMPLOYEES, OR AGENTS OF THE AFORESAID ENTITIES), TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, BE LIABLE FOR ANY DIRECT, INDIRECT, CONSEQUENTIAL, SPECIAL, PUNITIVE OR INCIDENTAL DAMAGES, INCLUDING WITHOUT LIMITATION DAMAGES FOR LOSS OF MONEY, STABLECOINS, DATA, GOODWILL, REPUTATION, PROFITS, BUSINESS INFORMATION OR INTERRUPTION, OR OTHER INTANGIBLE LOSSES, THAT RESULT FROM THE USE OF OR INABILITY TO USE THE SERVICES OR PARTNER SERVICES OR OTHERWISE ARISE UNDER OR IN CONNECTION WITH THE MAJORITY GLOBAL TERMS OR PARTNER AGREEMENTS, WHETHER BASED ON WARRANTY, CONTRACT, TORT (INCLUDING NEGLIGENCE), STATUTE OR ANY OTHER LEGAL THEORY, EVEN IF IT HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

IN ANY EVENT, AND WITHOUT LIMITING THE GENERALITY OF THE FOREGOING, TO THE FULLEST EXTENT PERMITTED BY LAW, YOU AGREE THAT OUR AND EACH OF OUR PARTNERS’ (AND EACH OF THE OTHER AFOREMENTIONED THIRD PARTIES’) TOTAL AND AGGREGATED LIABILITY TO YOU (WHETHER IN CONTRACT, TORT INCLUDING NEGLIGENCE, WARRANTY, OR OTHERWISE) FOR ANY AND ALL DAMAGES, COSTS OR LOSSES THAT ARISE IN CONNECTION WITH THE USE OF OR INABILITY TO USE THE SERVICES AND/OR PARTNER SERVICES, OR OTHERWISE ARISE UNDER OR IN CONNECTION TO THE MAJORITY GLOBAL TERMS OR ANY PARTNER AGREEMENT, SHALL NOT IN ANY CIRCUMSTANCE EXCEED THE AMOUNT ACTUALLY PAID BY YOU TO US OR OUR PARTNERS FOR THE SERVICES AND/OR PARTNERS SERVICES DURING THE MOST RECENT FIVE (5) MONTHS PRIOR TO THE DATE OF THE EVENT GIVING RISE TO THE RELEVANT CLAIM, HOWEVER SUBJECT TO A MAXIMUM LIMITATION OF USD 100.

We shall incur no liability if we are unable to complete, or erroneously complete, any transfer that you initiate via the Service, including transfers to non-Users of the App, because of inaccurate or insufficient instructions, failure of the recipient to claim the transfer or an unintended recipient obtaining access to the transfer, failure or delay of either you or the recipient to provide us with information we request or our inability to verify your identity or the identity of the recipient to our satisfaction.

EACH PROVISION OF THESE MAJORITY GLOBAL TERMS THAT PROVIDES FOR A LIMITATION OF LIABILITY, DISCLAIMER OF WARRANTIES, OR EXCLUSION OF DAMAGES IS INTENDED TO AND DOES ALLOCATE THE RISKS BETWEEN THE PARTIES UNDER THESE MAJORITY GLOBAL TERMS. THIS ALLOCATION IS AN ESSENTIAL ELEMENT OF THE BASIS OF THE BARGAIN BETWEEN THE PARTIES. EACH OF THESE PROVISIONS IS SEVERABLE AND INDEPENDENT OF ALL OTHER PROVISIONS OF THESE TERMS. THE LIMITATIONS IN THIS SECTION-LIMITATION OF LIABILITY WILL APPLY EVEN IF ANY LIMITED REMEDY FAILS OF ITS ESSENTIAL PURPOSE.

15.3 Indemnity

YOU AGREE TO INDEMNIFY, DEFEND AND HOLD US AND OUR PARTNERS HARMLESS, INCLUDING OUR AND OUR PARTNERS’ SUBSIDIARIES, AFFILIATES, SHAREHOLDERS, MEMBERS, OFFICERS, DIRECTORS, EMPLOYEES, AGENTS AND SERVICE PROVIDERS, FROM AND AGAINST ANY AND ALL CLAIMS, DAMAGES, COSTS, LOSSES, DEMANDS, TAX ASSESSMENTS, JUDGMENTS, PENALTIES, INTEREST AND EXPENSES (INCLUDING WITHOUT LIMITATION REASONABLE ATTORNEYS’ FEES) MADE BY ANY THIRD PARTY DUE TO, ARISING OUT OF OR RELATING TO (I) YOUR ACCESS TO AND USE OF THE SERVICE OR PARTNER SERVICES; (II) YOUR VIOLATION OF ANY OF THE TERMS AND CONDITIONS OF THE MAJORITY GLOBAL TERMS OR ANY PARTNER AGREEMENT (INCLUDING ACTUAL OR ALLEGED BREACH OF YOUR REPRESENTATIONS AND WARRANTIES), OR ANY APPLICABLE LAW OR REGULATION; (III) YOUR VIOLATION OF ANY THIRD-PARTY RIGHT, INCLUDING WITHOUT LIMITATION ANY INTELLECTUAL PROPERTY RIGHT, PUBLICITY, CONFIDENTIALITY, PROPERTY OR PRIVACY RIGHT; (IV) ANY OTHER PARTY’S ACCESS AND/OR USE OF THE SERVICES OR PARTNER SERVICES WITH YOUR UNIQUE PASSWORD OR OTHER APPROPRIATE SECURITY CODE; OR (V) ANY DISPUTES OR ISSUES BETWEEN YOU AND ANY THIRD-PARTY. WE RESERVE THE RIGHT TO ASSUME OR PARTICIPATE, AT YOUR EXPENSE, IN THE INVESTIGATION, SETTLEMENT AND DEFENSE OF ANY SUCH ACTION OR CLAIM.

15.4 Applicable Law and Jurisdiction

The Majority Global Terms shall be governed by the laws of the State of Delaware except to the extent governed by federal law or modified herein, without regard to any conflicts of law provisions that provide for the application of the law of another jurisdiction.

15.5 Arbitration of Disputes and Class Action Waiver

Any claim, dispute, or controversy (“Claim”) between you and us, including our (if any) successors, affiliates or assignees as well as any other third party, arising out of or relating in any way to the Majority Global Terms, your use of the Services or otherwise, no matter how described, pleaded or styled, shall be subject to final binding arbitration as provided herein.

You and we agree that the complaint process described in Section 10 must be completed before either party may initiate a Claim via arbitration.

The arbitration shall be conducted pursuant to the JAMS Comprehensive Arbitration Rules and Procedures in effect at the time the request for arbitration is made (the “Arbitration Rules”), and in accordance with the Expedited Procedures in those Arbitration Rules, including Rules 16.1 and 16.2 of those Arbitration Rules, except as modified herein. The arbitration shall take place in Miami Dade County, Florida USA before a single neutral arbitrator (the “Arbitrator”) selected in accordance with the Arbitration Rules. Payment of all filing, administration, and arbitrator fees will be governed by the Arbitration Rules. We shall be responsible for our share of the arbitration fees, and if you are unable to pay your share, we will pay it on your behalf, subject to the Arbitrator’s determination of your good faith inability to pay.

You and we agree that the arbitration proceedings, including all documents, evidence, and statements made during the proceedings, shall be confidential. Neither party shall disclose any information related to the arbitration, including the existence of the arbitration, the Arbitrator's award, or any other details of the proceedings, to any third party, except as may be required by law, regulation, or court order, or to enforce or challenge the arbitration award.

ARBITRATION OF YOUR CLAIM IS MANDATORY AND BINDING. NEITHER YOU NOR WE WILL HAVE THE RIGHT TO LITIGATE THAT CLAIM THROUGH A COURT. IN ARBITRATION, NEITHER YOU NOR WE WILL HAVE THE RIGHT TO A TRIAL BY JUDGE OR JURY.

You and we will have the ability to conduct reasonable discovery in accordance with the Expedited Procedures in the Arbitration Rules. All determinations as to the scope, interpretation, enforceability and validity of this agreement to arbitrate shall be made finally and exclusively by the Arbitrator. The Arbitrator’s award shall consist of a written statement stating the disposition of each Claim and will also provide a concise written statement of the essential findings and conclusions on which the award is based. The Arbitrator’s award will be binding and final. Judgment on the arbitration award may be entered in any court having jurisdiction.

NO CLASS ACTION, OR OTHER REPRESENTATIVE ACTION, OR PRIVATE ATTORNEY GENERAL ACTION, OR JOINDER OR CONSOLIDATION OF ANY CLAIM WITH A CLAIM OF ANOTHER PERSON SHALL BE ALLOWABLE IN ARBITRATION.

This arbitration provision shall survive: (i) the termination of this Agreement and (ii) the bankruptcy of any party. If any portion of this arbitration provision is deemed invalid or unenforceable, the remaining portions shall nevertheless remain in force. Any different agreement regarding arbitration must be agreed to in writing.

This arbitration agreement is made pursuant to a transaction involving commerce, including foreign commerce, and shall be governed by the Federal Arbitration Act, 9 U.S.C. §§ 1-16.

IF YOU DO NOT AGREE TO THE TERMS OF THIS ARBITRATION AGREEMENT, DO NOT USE THE SERVICES OR ANY PARTNER SERVICES, NOTIFY US IMMEDIATELY FOR TERMINATION OF THE MAJORITY GLOBAL TERMS AND PARTNER AGREEMENTS.

15.6 Entire Agreement

The Majority Global Terms, together with the terms of any additional Services offered through the Software, represent the entire agreement between you and us relating to the use of the App, Website, your Majority Account and/or any other part of the Services, and supersedes all prior offers, understandings, agreements and representations with respect to the Services or any other subject matter covered by the Majority Global Terms. For clarification, the Majority Global Terms supersede all offers, promises or similar made to you by our client services agents, representatives or employees. The Majority Global Terms may not be modified or amended except as described herein.

If a court finds any provision of the Majority Global Terms or any Partner Agreement to be invalid or unenforceable for any reason, the remainder of the Majority Global Terms or such Partner Agreement shall continue in full force and effect.

If we or any Partner (as applicable) fail to insist that you perform any of your obligations under the Majority Global Terms or any Partner Agreement, or if we or a Partner do not enforce our rights against you, or if we delay in doing so, that will not mean that we or the Partner have waived our rights against you and will not mean that you do not have to comply with those obligations. If we or any of our Partners waive a default by you, we will only do so in writing, and that will not mean that we will automatically waive any later default by you.

15.7 Headings

Headings used in the Majority Global Terms or any Partner Agreement are for convenience purposes only and shall not be deemed to limit or affect any of the provisions hereof.

15.8 Translations of the Majority Global Terms and Partner Agreements

The official version of the Majority Global Terms, Majority Promotional Offers and the Partner Agreements is in the English language. Any translations are provided merely for convenience of the customers and shall not be legally binding. In the event of any conflict between a version in another language and the English version, the English version shall prevail.

15.9 Force Majeure

You acknowledge and agree that if we or any of our Partners are unable to provide the Services and/or Partner Services as a result of a force majeure event, neither we nor our Partners shall be in breach of any of our obligations towards you under the Majority Global Terms and/or Partner Agreements. A force majeure event means any event beyond the reasonable control of Majority Global and/or the Partners.

15.10 Intellectual Property Rights and Licenses

In consideration of you agreeing to abide by the terms and conditions of the Majority Global Terms, we grant you a limited, non-transferable, non-sublicensable, non-exclusive, revocable license to use the App, the Website and other parts of the Services provided or made available to you by Majority Global or our Partners. You may download a copy of the App onto a Device which you control and to view, use and display the App for your personal purposes only. We reserve all other rights.

Without limiting the aforesaid, in relation to the App, we license the use of the App to you subject to your adherence to terms and conditions of the Majority Global Terms, in addition your use of the App is subject to any rules or policies applied by Apple Inc. and/or Google Inc., or any other entity within the Apple or Google group (“Apple” and “Google”). We do not sell the App to you. We remain the owners of the App at all times.

You may not copy, modify, adapt, redistribute, decompile, reverse engineer, disassemble, or create derivative works of the Software, the App, Website or, to the extent applicable, any other part of the Services (or permit or assist any third party in such activities). You must not remove, obscure, or alter any proprietary rights notices (including copyright and trademark notices) that may be affixed to or contained within the Software.

The Software may contain open-source software. Any use, reproduction and distribution of components of the Software licensed under an open-source software license is governed by the terms of such open-source software license, however to the extent permissible thereunder and otherwise if applicable, the Majority Global Terms shall apply with priority over such open-source software license. You acknowledge that you have no right to have access to the Software or other parts of the Services (where applicable) in source-code form.

All ownership and intellectual property rights in or to the Software, App, Website or, to the extent applicable, other parts of the Services and any copies and derivative works thereof (regardless of form or media in or on which the original or other copies may exist), including but not limited to patents, design rights, copyrights, trademarks, trade-secrets and proprietary know-how, shall be owned by and vested in Majority Global (or our Partners, to the extent applicable), or any third party licensors, and nothing in the Majority Global Terms shall constitute or be interpreted as a transfer of any such rights from Majority Global (or any third party licensor of Majority Global) to you or anyone else. You are, as stated above, solely entitled to the limited license to the Services specifically granted under the Majority Terms. For clarification, nothing in these terms give you a right to use any of our or our Partners’ trade names, trademarks, service marks, logos, domain names, or other distinctive brand features, except as may be contained in or otherwise used within the Services or Partner Services provided to you.

The licenses granted to you as described in this section will terminate automatically in the event of termination of the Majority Terms. Furthermore, we have the right to, in its sole discretion, at any time remove any materials posted to the Website.

15.11 Third Party Services and Fees

You acknowledge and agree that the use of the Services and Partner Service is dependent upon services of third parties, including but not limited to international carriers, local termination partners and your local telecom and mobile operator (“Providers”). Note that some Providers prohibit or restrict the use of the Services and/or Partner Services and may impose fees in connection with the use of the Services. You are solely responsible for verifying with your mobile operator or Internet provider (or any other Provider that you are using in relation to your use of the Services or Partner Services) that your use of the Services is permitted and in accordance with any contractual obligations you may have with such Provider, and also to understand (and pay for) any fees that such Provider may charge you in relation to your use of the Service or Partner Service.

Note that if you use the Services and Partner Service while you are in a country that is not the country associated with your base/fixed net or mobile phone operator or other Provider (in other words: out-of-country usage) this usage may lead to significantly higher costs in relation to your Providers than normal usage. You are solely responsible for keeping yourself informed and paying for such possible roaming and other applicable charges levied by your mobile operator or other Provider.

15.12 Your Submission of Feedback

You agree that any comments, suggestions, feedback, documents, content or other material or information provided, shared, published by you in connection with the use of the Services or Partner Services, or otherwise in your contacts with us or our Partners (including but not limited to, the use of blogs, email, forums and customer support functions) is provided on a non-proprietary, non-exclusive and non-confidential basis. You grant us a royalty-free, world-wide, transferable, sub-licensable, perpetual and irrevocable license to use any such material or information (of course subject to our and/or our Partners privacy policies). You acknowledge that you are responsible for whatever material or information is provided by you, including its legality, reliability, appropriateness, originality and copyright.

15.13 No Warranties

You expressly acknowledge and agree that the provision and use of the Services and/or the Partners Services are at your sole risk and that the entire risk as to satisfactory quality, performance, accuracy and effort is with you. To the maximum extent permitted by applicable law, the Services and/Partner Services are provided “AS IS” and “AS AVAILABLE”, with all faults and without warranty of any kind, and we hereby disclaim all warranties and conditions with respect to the Services and Partners Services, either express, implied or statutory, including, but not limited to, the implied warranties and/or conditions of merchantability, of satisfactory quality, of fitness for a particular purpose, of accuracy, of quiet enjoyment, and non-infringement of third party rights. We do not warrant against interference with your enjoyment of the Services or that the Services will be uninterrupted or error-free, or that defects in the Services will be corrected. No oral or written information or advice given by us shall create a warranty. Should the service cause any defects, you assume the entire cost of all necessary servicing, repair or correction. Additionally, you also understand that we cannot guarantee that information or communications transmitted in relation to the use of Services will not be subject to interception by law enforcement officials or other third parties.

15.14 Amendments to the Terms

We may amend these Terms from time to time, including where such is required by any laws, policy or regulatory requirements to which we are subject or depending to the availability and features of the Services, or for other reasons. The changes will become effective and shall be deemed accepted by the User from the date of its publication. In the event that you do not agree with any such modifications, your sole and exclusive remedy is to terminate the use of the Services and close your Account.

15.15 Death or User legal incapacity

In case of decease of legal incapacity of a User, we will be incapable of recovering any proceed or asset from a Wallet, provided the nature of such is solely custodied or held by the User and Majority has no means to access or interact with such. For matters pertaining to other Services where we can act, we will perform the necessary actions as required by law or a governmental order. You authorize us to research and make inquiries, whether directly or through third parties, that we consider necessary to determine your current legal status.

16. SPECIAL PROVISIONS FOR NON-US RESIDENTS REGARDING ON-RAMPING AND OFF-RAMPING OF CURRENCIES DIFFERENT THAN US DOLLARS

In case you are a non-US resident in a jurisdiction where Partner Services are offered in regards of on-ramping and off ramping currencies different than US Dollars (the “Fiat Local Services”), the following provisions apply in addition to the aforementioned, solely regarding such Services:

• You agree to comply with any type of KYC requirement.
• Your use of the Wallet and its features will still be subject to our Terms regardless of your residence;
• Fiat Local Services may be offered by Majority, any related entity or Partners (including local partners) under local licenses to perform said activities;
• You may be subject to additional identification verification as requested by the Partners to perform any Fiat Local Services, either before, during or after any Fiat Local Service requested; in order to be able to obtain such services, you agree to perform any request from such Partners;
• The ability of the Partners to perform certain Fiat Local Services is subject to the applicable law, policies and systems (and their availability) of the market and jurisdiction in which they operate;
• While we will try to resolve with a Partner any issue that arise in the operation of Fiat Local Services, any interruption, delay or failure of such will be independent from our control;
• Any Fiat Local Service ordered by you may be subject to additional screening or request for information depending on local laws applying to the Partner and such will not be performed until the information is provided. In such cases, we will communicate to you the information requested by the relevant Partner;
• Any Fiat Local Service ordered and performed by a Partner may be subject to reporting or registration according to the laws applicable to the Partner;
• Any Fiat Local Service ordered and performed by a Partner may have legal or tax implications. Any implications regarding any of your transactions will be of your responsibility.

In connection with the Fiat Local Services, your personal data (including identification documents, transaction data, and any additional information required for KYC or AML compliance) may be shared with and processed by the Partners performing such Fiat Local Services. Such Partners may act as independent data controllers under applicable data protection laws. You acknowledge that the processing of your personal data by such Partners will be subject to their own privacy policies and applicable local data protection legislation. Majority Global is not responsible for the data processing practices of such Partners, and you should review their respective privacy policies before using the Fiat Local Services.

16.1 Fiat Local Services for Mexico

Fiat Local Services for Mexico and in its case, conversion services necessary to perform such Fiat Local Services, will be performed by entities duly authorized to perform financial activities in Mexico. We will promptly communicate to you if there are any changes in services or providers.

16.2 Fiat Local Services for Colombia

Fiat Local Services for Colombia and in its case, conversion services necessary to perform such Fiat Local Services, will be performed by entities duly authorized to perform financial licensed activities in Colombia, in its case operating under the terms of its services jointly with any other entities for purposes of performing financial licensed activities. We will promptly communicate to you if there are any changes in services or providers.

This version of the Majority Global Terms is effective as of: April 20, 2026