Terms and Conditions

Last updated: January 2025

1. Introduction

Welcome to dfolt. These Terms and Conditions govern your use of our payment processing platform and related services provided by dfolt.

By accessing or using our services, you agree to be bound by these Terms.

2. Services

dfolt provides payment processing services including:

  • Virtual IBAN generation and management
  • Virtual account creation and administration
  • Sadad payment processing
  • Payment inquiry and tracking services
  • Payout solutions and distribution
  • MT940/MT942 reconciliation services
  • ZATCA compliance and integration

3. Account Security

You are responsible for:

  • Maintaining the confidentiality of your account credentials
  • All activities that occur under your account
  • Promptly notifying us of any unauthorized use

4. Compliance

Our services comply with applicable Saudi Arabian financial regulations. You agree to provide all required documentation for KYC and AML compliance and use services only for legitimate business purposes.

5. Data Protection

We implement bank-grade security measures including end-to-end encryption, mutual TLS authentication, and comprehensive audit trails. See our Privacy Policy for details.

6. Governing Law

These Terms are governed by the laws of the Kingdom of Saudi Arabia.

7. Contact

Website: https://dfolt.com