1. About TΛPΛT

TΛPΛT is a payment and rewards platform that enables peer-to-peer payments, loyalty rewards, referral-based profit sharing, and a community marketplace. The platform operates at tapat.dev (wallet app) and marketplace.tapat.dev (marketplace). These Terms are a binding agreement between you and TΛPΛT Holdings, Inc., a Delaware corporation ("TΛPΛT," "we," "us," or "our").

TΛPΛT is not a bank, money transmitter, or licensed financial institution. Wallet balances represent credits within the TΛPΛT platform and are subject to these Terms. External funding and withdrawals are facilitated through our licensed third-party payment processors, Stripe and (once onboarding is complete) PayMongo.

2. Eligibility

You may use TΛPΛT only if you:

• Are at least 18 years of age (or the age of majority in your jurisdiction, whichever is higher)
• Have the legal capacity to enter into a binding agreement
• Are not prohibited by applicable law from using financial services platforms
• Are not a resident of a jurisdiction where TΛPΛT's services are prohibited
• Have not previously been suspended or permanently banned from TΛPΛT

By creating an account, you represent and warrant that you meet all eligibility requirements.

3. Account Registration

You must provide accurate, current, and complete information when registering. You are responsible for maintaining the confidentiality of your login credentials and for all activity that occurs under your account.

• You may hold only one TΛPΛT account. Creating duplicate accounts is prohibited
• You must notify us immediately at support@tapat.dev if you suspect unauthorized access to your account
• We reserve the right to require identity verification (KYC) at any time to comply with applicable law
• Profile photos and account information must not impersonate another person or violate third-party rights

4. Wallet & Balances

Your TΛPΛT wallet holds two balance types:

Available Balance

Your spendable USD-denominated balance, used to make payments and marketplace purchases. This balance can be funded from external sources via Stripe (and, once onboarded, PayMongo) and may be withdrawn subject to applicable limits and verification requirements.

Gas Balance

A separate balance used exclusively to pay gas fees on outgoing transactions. A small portion of each wallet load (approximately 3%) is automatically allocated to your Gas Balance to keep it funded. Gas fees are charged automatically from your Gas Balance at the time of each payment. You are responsible for maintaining sufficient Gas Balance to complete transactions.

Note: Wallet balances are platform credits, not bank deposits. They are not insured by any government deposit insurance scheme (e.g., FDIC, PDIC). Withdrawal eligibility and timing are subject to verification, transaction limits, and our operational policies.

5. Gas Fees & Rewards

Every payment transaction incurs a gas fee. The applicable schedule depends on the payment type you select when sending: Gift (a personal money transfer) or Payment for Goods or Services (a purchase from a seller or vendor). Gas rates are marginal — each rate applies only to the portion of the transaction amount within its tier.

Gift Payments

The sender pays the full gas fee from their Gas Balance:

Payments for Goods or Services

Total gas is shared between buyer and seller. The buyer pays a flat 3% of the purchase amount from their Gas Balance; the seller absorbs the remainder of the total gas from their sale proceeds:

Gas fees collected from each transaction fund the TΛPΛT reward ecosystem, including buyer cashback on purchases, referrer rewards, a monthly leadership bonus pool, platform operations, and TPT token burn. The precise allocation of gas among these categories, including reward rates, eligibility thresholds, and distribution algorithms, is proprietary to TΛPΛT and may be updated from time to time. Your current reward activity is visible within the TΛPΛT app.

Seller Additional Rewards

Sellers may optionally fund additional loyalty rewards on their marketplace listings. These rewards are distributed according to TΛPΛT's reward algorithms at the time of order fulfillment.

Note: Rewards are credited automatically by the platform and have no cash value outside TΛPΛT except when withdrawn per our withdrawal policy. We may adjust the gas rate schedule, reward rates, or distribution parameters with 30 days' notice to registered users for changes that materially affect your financial position.

6. TPT Token

TΛPΛT's native deflationary token, TPT, operates exclusively within the TΛPΛT platform. A portion of the gas collected on every transaction is used to permanently burn TPT from circulating supply, which over time reduces supply and supports the TPT/USD exchange rate.

• TPT is a platform utility token and is not a security, investment, or cryptocurrency for purposes of external exchange
• TPT has no guaranteed value and cannot be exchanged for external currency except through mechanisms TΛPΛT may provide in the future
• Burn events are permanent and irreversible
• The TPT exchange rate is determined solely by TΛPΛT's internal calculation and is subject to adjustment at our discretion

Note: TPT is a platform reward mechanism, not an investment product. Do not use TΛPΛT services with an expectation of profit from TPT appreciation.

7. Referral Network

TΛPΛT operates a referral rewards network through which users earn rewards based on the activity of users they refer. By participating, you agree that:

• Referral relationships are established at account creation and cannot be changed after the fact
• Rewards flow through your active referral network per TΛPΛT's proprietary reward algorithms
• You may not engage in self-referral, fake account creation, or any manipulation of the referral structure
• Profit share earnings accumulate throughout the month and are paid on the 1st of the following month
• Leadership bonus distributions require eligibility criteria defined by TΛPΛT, including active account status and a minimum level of qualifying referral activity in the payout month

We reserve the right to adjust reward rates, eligibility thresholds, and distribution rules with 30 days' notice to registered users.

8. Account Inactivity

TΛPΛT applies activity-based account statuses to maintain network integrity. Inactivity is defined as having no completed transaction within the applicable period.

Note: Your funds are never forfeited due to inactivity. Balances held in Reduced, Dormant, or Frozen accounts are preserved indefinitely and remain recoverable when you return, subject to identity verification and applicable law. TΛPΛT will send reminder notifications as your account approaches each status change. It is your responsibility to keep your contact information current.

Reactivation is immediate: completing any transaction restores your account to Active status, restores full reward eligibility, and returns your position in the referral network.

9. Marketplace Rules

The TΛPΛT Marketplace allows users to list and purchase products, services, rentals, tickets, digital goods, and deals. Use of the marketplace is subject to the following rules:

Sellers

• You must accurately describe your listings. Misleading, fraudulent, or prohibited listings are not permitted
• You may not list items that are illegal, stolen, counterfeit, hazardous, or violate third-party rights
• Seller proceeds are held by TΛPΛT until the buyer confirms fulfillment — you acknowledge and agree to this fulfillment hold model
• Seller-funded loyalty rewards are deducted from your proceeds at the time of purchase
• Repeated disputes, reports, or violations may result in listing removal or account suspension

Buyers

• Payment is charged immediately at purchase; rewards are held until you mark the order as fulfilled
• By clicking "Mark as Fulfilled," you confirm you received the item or service as described and authorize release of all held credits
• Fulfillment confirmation is final and irreversible — confirm only when you are satisfied
• You may report an order issue before confirming fulfillment; reported orders are reviewed by TΛPΛT administration

Order Disputes

TΛPΛT administration reviews reported orders and may resolve disputes by approving fulfillment or issuing a refund at our sole discretion. Our dispute decisions are final.

Note: TΛPΛT is a platform intermediary only. We are not a party to transactions between buyers and sellers and are not responsible for the quality, safety, legality, or delivery of listed items.

10. Payments, Stripe & PayMongo

TΛPΛT uses third-party payment processors to facilitate wallet funding and withdrawals. By using these features, you agree to the applicable processor terms listed below.

Stripe

Card-based wallet funding for users in Stripe-supported countries is processed by Stripe, Inc. By funding your wallet via card, you also agree to Stripe's Connected Account Agreement and Stripe's Services Agreement.

• You authorize TΛPΛT and Stripe to initiate debits and credits to/from your linked payment methods
• Chargebacks initiated outside of TΛPΛT's dispute process may result in account suspension and recovery of the disputed amount from your wallet balance, to the extent permitted by applicable law (see Section 12)
• Withdrawal timing and availability are subject to Stripe's processing schedules and our internal review
• We reserve the right to impose transaction limits, hold funds, or require additional verification at any time to prevent fraud or comply with applicable law

PayMongo (Philippine Market)

TΛPΛT is in the process of onboarding with PayMongo Philippines, Inc., a BSP-regulated payment facilitator. Once active, users transacting in Philippine Peso (PHP) or using Philippine payment methods (GCash, Maya, bank transfers) will have their payments and KYC processed by PayMongo pursuant to BSP regulations. When active, use of these services will also be subject to PayMongo's Terms of Service.

• PayMongo will handle KYC/KYB verification and compliance for PHP-denominated transactions
• PHP wallet sub-accounts will be subject to PayMongo's platform limits and verification requirements
• Payout timing for PHP withdrawals will be subject to PayMongo's settlement schedule (typically 1–3 business days)

We will update these Terms and notify registered users when PayMongo integration is live.

Note: TΛPΛT is not a bank, money transmitter, or licensed financial institution. All payment processing and fund transmission is handled by our licensed third-party processors, Stripe and (when active) PayMongo.

11. Identity Verification (KYC)

To comply with applicable financial regulations and prevent fraud, TΛPΛT requires identity verification (Know Your Customer, or "KYC") for certain platform features. KYC may be performed by TΛPΛT directly, by Stripe Identity, by PayMongo (for PHP users), or by a combination of these, depending on jurisdiction, transaction type, and applicable law.

When KYC is Required

• Processing any withdrawal from your wallet
• Exceeding platform transaction thresholds (as determined by TΛPΛT from time to time)
• Upgrading account status or unlocking higher limits

What We Collect

• Government-issued photo ID (passport, national ID, or driver's license) — front and back
• Selfie photograph holding your ID
• Date of birth and full home address

How We Process KYC Information

• Documents are uploaded securely to encrypted, access-controlled storage and are never publicly accessible
• Review may be conducted by TΛPΛT administration, Stripe Identity, or PayMongo, depending on the verification path
• You will be notified by email when your verification is approved, rejected, or requires additional information
• KYC data is retained for the duration of your account plus any legally required retention period

Accepted ID Types

Passport, National ID, Driver's License, or Government-issued ID card. For Philippine users, PhilSys, UMID, SSS, GSIS, PRC ID, Voter's ID, and Postal ID are accepted. All IDs must be valid and not expired.

Note: Providing false, altered, or fraudulent identity documents is a violation of these Terms and may be reported to appropriate law enforcement authorities.

12. Refund & Withdrawal Policy

Wallet Loads (Deposits)

Wallet load transactions are generally final once processed and are not directly refundable by TΛPΛT except in cases of verified processing error or where required by law. Nothing in this section limits any statutory rights you may have to dispute a charge through your card issuer, bank, or payment provider — including rights under U.S. Regulation E (for bank/ACH transfers), Regulation Z (for credit cards), or comparable consumer protections in your jurisdiction — or to initiate a chargeback through your card network.

If you believe a load was processed in error, please contact support@tapat.dev within 60 days of the transaction so we can attempt to resolve the issue directly. Where you initiate a chargeback without first contacting us, TΛPΛT may, to the extent permitted by applicable law, freeze your account pending investigation and recover the disputed amount (including any funds already moved from the Available Balance) from your remaining wallet balance and future credits.

Withdrawals

• Withdrawals transfer your Available Balance to a linked external account or payment method
• Identity verification (KYC) is required before processing any withdrawal
• Minimum withdrawal: $10.00 USD (or equivalent)
• Every withdrawal incurs withdrawal gas of 3% of the withdrawn amount (a 2% platform allocation plus a 1% TPT burn), charged to your Gas Balance — with any shortfall drawn from your Available Balance. On standard transfers you receive the full withdrawn amount at your bank
• Instant transfers (where available) incur an additional 2% instant premium deducted from the withdrawal amount — you receive 98% of the amount. Instant transfers to a debit card, where offered, incur a further 2% — you receive 96%
• If you have not completed any outgoing payment transaction, an additional 2% loading gas is applied to withdrawals. This is automatically waived once you make an outgoing payment
• Processing time: 1–5 business days for standard transfers, depending on your payment method and country
• Gas Balance is not withdrawable — it is consumed to facilitate network transactions
• Withdrawals are subject to a monthly limit (default $5,000 USD), which may be adjusted at TΛPΛT's discretion

Marketplace Purchases

Marketplace purchases are refundable only if you report an issue before confirming fulfillment. Once you click "Mark as Fulfilled," the transaction is final and irreversible. Refunds for reported orders are at TΛPΛT's sole discretion following an administrative review.

Fees

• Loading allocation: A small portion of each wallet load (approximately 3% — exactly 3/103 of the loaded amount) is allocated to your Gas Balance rather than your Available Balance. This is not a fee — it remains your balance, earmarked for transaction gas
• Withdrawal gas: 3% of the withdrawn amount (2% platform + 1% TPT burn), charged to Gas Balance. Instant transfers add a 2% premium off the amount (4% additional for instant debit-card transfers, where offered). An additional 2% loading gas applies to users who have never completed an outgoing payment
• Card processing: Payment-processor costs on wallet loads are currently absorbed by TΛPΛT; we may introduce a card-load surcharge in the future with the notice described below

Note: All fee structures are subject to change with 30 days' notice to registered users.

13. SMS & Transactional Text Messaging

Consent to Receive SMS

By creating a TΛPΛT account and verifying your phone number, you expressly consent to receive text messages (SMS) from TΛPΛT Holdings, Inc. at the mobile number you provide. Consent is not a condition of using the TΛPΛT service or purchasing any goods or services.

Types of Messages

We may send the following types of SMS messages:

• One-time passcodes (OTP) — for account verification and login authentication
• Payment confirmations — notification when you send or receive a payment
• Payment requests — notification when another user requests a payment from you
• Security alerts — suspicious login attempts, unrecognized device sign-ins, password changes, and other account-safety events
• Account alerts — important account activity such as unclaimed funds, expiring invitations, or service announcements affecting your account

We do not send promotional or marketing text messages. All messages are transactional and directly related to your account activity.

Message Frequency

Message frequency varies based on your account activity. You may receive a one-time passcode each time you sign in or verify your account. Payment notifications are sent only when a relevant transaction occurs.

Message & Data Rates

Message and data rates may apply. Rates are determined by your mobile carrier and plan. TΛPΛT does not charge you for SMS messages; however, your carrier may charge for receiving text messages depending on your plan.

Opt-Out

You may opt out of transactional SMS notifications at any time by visiting your Account settings within the TΛPΛT app and disabling SMS notifications. You may also reply STOP to any text message you receive from us. Please note that opting out of SMS notifications does not affect your ability to use the TΛPΛT platform; however, you will no longer receive real-time alerts for account activity. One-time passcodes for account sign-in may still be delivered by alternative methods (such as email) if SMS notifications are disabled.

Help

For help with SMS messages, reply HELP to any message you receive from us, or contact us at legal@tapat.dev. For the full standalone SMS policy, see tapat.dev/sms.

Supported Carriers

SMS messages are supported on major carriers worldwide including, but not limited to, AT&T, T-Mobile, Verizon, Sprint, Boost Mobile, MetroPCS, U.S. Cellular, Globe Telecom, Smart Communications, DITO Telecommunity, and regional carriers. Carrier availability may vary by country.

Privacy

Your phone number is used solely to deliver account-related messages as described above. We do not sell, rent, or share your phone number with third parties for marketing purposes. For full details on how we handle your personal information, please review our Privacy Policy.

14. Prohibited Conduct

You agree not to:

• Use TΛPΛT for money laundering, fraud, or any illegal financial activity
• Create fake accounts, manipulate referral structures, or exploit the reward system
• Use bots, scripts, or automated tools to interact with the platform
• Attempt to reverse-engineer, hack, or compromise the security of the platform
• Impersonate another user, our staff, or any third party
• Post false, misleading, or fraudulent marketplace listings
• Harass, threaten, or harm other users
• Use the platform in any way that violates applicable laws or regulations
• Attempt to circumvent our account-activity policies through artificial, simulated, or trivial activity

Note: Violations may result in immediate account suspension, forfeiture of all balances, reversal of rewards, and referral to law enforcement authorities where appropriate.

15. Termination

You may close your account at any time by contacting support@tapat.dev. Upon closure, any remaining Available Balance will be returned to you via your linked payment method, less any applicable fees and outstanding obligations.

TΛPΛT may suspend or terminate your account at any time, with or without notice, if:

• You violate these Terms
• We are required to do so by law or regulatory order
• Your account poses a fraud or security risk
• You engage in prohibited conduct

Upon termination for cause, we may retain balances as permitted by applicable law and these Terms. Provisions of these Terms that by their nature should survive termination (see Section 19, Survival) will do so.

16. Disclaimers & Limitation of Liability

THE PLATFORM IS PROVIDED "AS IS" AND "AS AVAILABLE" WITHOUT WARRANTIES OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, OR NON-INFRINGEMENT.

TO THE MAXIMUM EXTENT PERMITTED BY LAW, TΛPΛT AND ITS OPERATORS SHALL NOT BE LIABLE FOR:

• Indirect, incidental, special, consequential, or punitive damages
• Loss of profits, revenue, data, or goodwill
• Losses arising from platform downtime, errors, or interruptions
• Actions or omissions of third-party service providers including Stripe, PayMongo, and Supabase
• Unauthorized access to your account due to your failure to secure your credentials
• Fluctuations in TPT token value

Our total aggregate liability to you for any claim arising from your use of TΛPΛT shall not exceed the amount of funds held in your wallet at the time the claim arises, or $100 USD, whichever is lesser.

17. Disputes & Governing Law

These Terms are governed by the laws of the State of Utah, United States, without regard to conflict of law principles.

Before initiating formal legal proceedings, you agree to contact us at support@tapat.dev and give us 30 days to attempt informal resolution.

Any disputes not resolved informally shall be settled by binding arbitration administered under the rules of the American Arbitration Association (AAA), on an individual basis. You waive any right to participate in a class action lawsuit or class-wide arbitration.

Nothing in this section prevents either party from seeking emergency injunctive relief in a court of competent jurisdiction to prevent irreparable harm.

18. Changes to These Terms

We may update these Terms at any time. When we make material changes, we will notify you by updating the effective date and, where appropriate, sending notice to your registered email address with at least 30 days' advance notice for changes that affect your financial rights.

Your continued use of TΛPΛT after changes take effect constitutes your acceptance of the updated Terms. If you do not agree, you must stop using the platform and close your account before the changes take effect.

19. General Provisions

Severability

If any provision of these Terms is held invalid or unenforceable by a court of competent jurisdiction, the remaining provisions shall remain in full force and effect. The invalid provision shall be modified to the minimum extent necessary to make it enforceable while giving effect to the parties' original intent.

Entire Agreement

These Terms, together with the Privacy Policy and any service-specific terms referenced herein, constitute the entire agreement between you and TΛPΛT regarding your use of the platform and supersede all prior or contemporaneous agreements, representations, or understandings, whether written or oral.

No Waiver

Our failure to enforce any right or provision of these Terms will not be considered a waiver of those rights. Any waiver must be in writing and signed by an authorized representative of TΛPΛT to be effective.

Assignment

You may not assign, transfer, or delegate these Terms or any rights or obligations hereunder without our prior written consent. We may assign these Terms at any time, including in connection with a merger, acquisition, reorganization, or sale of all or substantially all of our assets, in which case these Terms will bind your successors and assigns.

Electronic Records & Signatures

You consent to receive communications, notices, disclosures, and agreements from TΛPΛT electronically (by email, through the platform, or by SMS where applicable). You agree that electronic signatures, acceptances (including clicking "Accept" or equivalent), and records have the same legal effect as handwritten signatures and paper records, to the maximum extent permitted by law (including the U.S. E-SIGN Act and the Philippine Electronic Commerce Act).

Force Majeure

Neither party shall be liable for any failure or delay in performance caused by circumstances beyond reasonable control, including natural disasters, acts of war or terrorism, civil unrest, epidemics, pandemics, labor disputes, internet or power outages, cyberattacks, failures of third-party service providers, or acts of government.

Survival

The following provisions will survive any termination of these Terms: Section 6 (TPT Token, to the extent governing already-issued tokens), Section 8 (Account Inactivity), Section 12 (Refund & Withdrawal Policy, for transactions occurring before termination), Section 16 (Disclaimers & Limitation of Liability), Section 17 (Disputes & Governing Law), this Section 19 (General Provisions), and any accrued payment obligations between the parties.

Relationship of the Parties

Nothing in these Terms creates any agency, partnership, joint venture, or employment relationship between you and TΛPΛT. Neither party has authority to bind the other.

Headings

Section headings are for convenience only and do not affect the interpretation of these Terms.

20. Contact

Questions about these Terms? Reach out:

General: support@tapat.dev
Privacy: privacy@tapat.dev
Abuse / Fraud: abuse@tapat.dev
Website: tapat.dev

TΛPΛT Holdings, Inc.
Delaware, USA

We aim to respond to all inquiries within 5 business days.

TΛPΛT Terms of Service · Effective June 12, 2026 · The authoritative copy is published at tapat.dev/terms.html. © 2026 TΛPΛT Holdings, Inc. All rights reserved.