Terms of Service

WorldVoucher welcomes you to our World and we trust we can be of assistance. Our services are provided by WorldGilt.com which in turn is a trading venture by Capital One Properties Ltd (Singapore).

By using our services, you are agreeing to be bound by the following Terms of Service. Please read them carefully and obtain legal advice should you so require it. If you view and login to our services, it is deemed that you have read and agreed to these Terms of Service.

Definitions Used

Agreement’ means this agreement as published on the World-Voucher.com website, and modified from time to time.

Client’ means the individual or Company who accepted this agreement through the “acceptance of the terms of service” option selected when activating the service with WV.

Contract Term’ means as defined in Clause 2 hereto.

Issue Date’ means the date when the Client has paid for the Voucher and when the Voucher is issued by WV. If a client has paid for a Voucher between 00:00 and 11:59 on a particular day, the issue date will be deemed to be that day. For payments between 12:00 and 23:59, the issue date will be deemed to be the following day.

Party’ means that each of the Client or WV is sometimes referred to herein individually as a ‘Party’ and the Client and WV are sometimes referred to herein collectively as the ‘Parties’.

Redemption Date’ means on or after 30 days from the issue date.

Services’ means as defined in Clause 1 hereto.

Trigger Price’ means the Bitcoin/ US$ forex price agreed by the Client at the exact time when the client presses the buy (or similar) button on the world-voucher.com website.

Voucher’ means the Voucher with a unique number, whereby a set number of Bitcoins is sold, as issued by WV.

WV’ means WorldVoucher, a trading enterprise of Capital One Properties Limited, a company duly incorporated in Singapore.

1. Services

WV agrees to sell to the Client a World Voucher with a unique number by which the cryptocurrency known at “Bitcoin” is sold at the trigger price as published by the World-Voucher.com website and which rate is inserted on the Client Statement on the issue date.

2. Contract Term

The contract will last for a fixed period set at 30 days, calculated 30 days from the issue date.

3. Contract Price

The trigger price as published by the World-Voucher.com website and which rate is inserted on the Client Statement at the exact time when the Client agrees to the rate.

4. Payouts

The Client can only redeem the Voucher for Bitcoins, and WV is obliged to pay the agreed number of Bitcoins sold, on the redemption date.
If a Client has purchased via a credit card, debit card or Paypal, the Client statement will still reflect the number of Bitcoins sold in his/her WorldVoucher account but Bitcoins cannot be transferred to the Client for a period of 30 days from the issue date to protect WorldVoucher from credit card charge backs.

5. Acceptance of Terms

The Client accepts this agreement through the “acceptance of the terms of service” option selected when activating the service with WV.
When Client accepts, he/she represents that he/she is legally able to enter into a contract. If Client accepts for an organization, Client represents that he/she is authorized to bind that organization, and where the context requires, ‘he/she’ means the applicable organization. By accepting, Client agrees to every provision of this Agreement whether or not he/she has read it.
Once you have accepted this Agreement, we will process your acceptance as an offer to commence the Service, and forthwith proceed with the Service constituting our acceptance of your offer.

6. Hacking

Client agrees to notify WV immediately if he/she discovers or suspects any security vulnerability on the site. Users who misuse or attempt to exploit any security vulnerability, or suspected security vulnerability, or users who publicly reveal the personal information of any WV user will be banned from WV, and earnings forfeited.

7. Botnets

Under no circumstances does WV allow botnets. Clients or users suspected of running a botnet will be banned from WV.

8. Ownership

This Agreement does not transfer to the Client any ownership or proprietary rights in the Technology or any work or any part thereof, and all right, title and interest in and to the Technology will remain solely with WV and its partners.

The Client is not purchasing title or rights to any technology. If the Client is approved to use WV’s services, the Client is permitted to use WV technology only as enabled and attended through its WV account through the website and only during the Contract Term. That permission is for the sole purpose of enabling the Client to use WV’s services in the manner permitted by this Agreement.

Your rights under this Agreement are not transferable to any other person without WV’s prior express written consent.

9. Indemnification

The Client agrees to indemnify, defend and hold harmless WV and its holding companies from and against any third party claims, liability, damages or costs (including reasonable attorneys’ fees) arising from the Clients’ negligence; or any claim by a third party alleging that Clients’ use of our Services violates the rights of any third party, or violates any Law; the Clients’ failure to comply with the terms of this Agreement; the Clients’ violation of any applicable law; the Clients’ violation of any rights of a third party; or the Clients’ use of our Services.

10. Service Liability

Except where permitted by Singaporean law, WV will not be responsible for the Clients’ loss of profits and revenues or any indirect, special, consequential, exemplary, incidental or punitive damages.

To the extent permitted by Singaporean law, the total liability of WV for any claims under this Agreement including for any implied warranties, is limited to the amount the Client paid WV to us its Services.

In all cases, WV will not be liable for any loss or damage to the Client that is not reasonably foreseeable.

11. Severability

If one or more provisions of this Agreement are held to be unenforceable under Singaporean law, the Parties agree to renegotiate any such provision in good faith. In the event that the Parties cannot reach a mutually agreeable and enforceable replacement for such provision, then (a) such provision shall be excluded from this Agreement, (b) the balance of this Agreement shall be interpreted as if such provision were so excluded, and (c) the balance of this Agreement shall be enforceable in accordance with its terms.

12. Governing Law & Jurisdiction

The Parties agree that the laws of Singapore shall govern the validity and interpretation of this Agreement and all acts and transactions pursuant hereto and all rights and obligations of the Parties, and that jurisdiction and/or venue of any action involving the validity, interpretation or enforcement of this Agreement or any of its terms, provisions or obligations, or claiming any breach hereof or thereof, shall exist exclusively in Singapore’s court(s).

The aforementioned choice of venues is intended by the Parties to be mandatory and not permissive in nature, thereby precluding the possibility of litigation between the Parties with respect to or arising out of this Agreement in any jurisdiction other than that specified in this clause.

Each Party hereby waives any right it may have to assert the doctrine of forum non conveniens or any similar doctrine or to object to venue with respect to any proceeding brought in accordance with this clause, and each Party stipulates that the aforementioned courts shall have in personam jurisdiction and venue over the Parties for the purpose of litigating any dispute, controversy, or proceeding arising out of or related to this Agreement.

The Parties hereby submit to the jurisdiction and venue of such courts and waive any right to challenge or otherwise object to personal jurisdiction or venue in any action commenced or maintained in such courts.