USD Wallet Terms & Conditions
Effective Date: 5 January 2026
These USD Wallet Terms and Conditions (the “Terms”) apply to the USD Account and Stablecoin Wallet services provided by npay USA Inc. and form part of your agreement with nsave. By using the products and services described below through the nsave app, you agree to be bound by these Terms, the Membership Agreement, the App Terms & Conditions, and any other applicable terms available at:
www.nsave.com/terms/terms-conditions
1. Introduction and Scope
1.1 npay Corporate Information
npay USA Inc. (“npay”, “we”, “us”, or “our”) is a company incorporated in Montana, USA and registered as a Money Services Business (“MSB”) with the Financial Crimes Enforcement Network (“FinCEN”) under MSB Registration Number 31000315267589. npay is authorised to conduct business as a dealer in foreign exchange, money transmitter, and seller of prepaid access in the states of Montana, Wyoming, and outside the United States.
1.2 Scope of Services
These Terms govern your use of the USD Account and Stablecoin Wallet services (the “Services”) provided by npay and accessible through the nsave mobile device application (the “App”). The Services enable you to hold, receive, and transmit U.S. dollar-denominated stablecoins, including USDC, and to access ACH payment rails for receiving and sending USD.
1.3 Relationship to nsave Membership Agreement
These Terms constitute a “Module” under the nsave Membership Agreement. In the event of any conflict between these Terms and the nsave General Terms & Conditions or Membership Agreement, these Terms shall prevail with respect to the Services provided by npay.
2. Definitions
- “ACH” means the Automated Clearing House network, a U.S. electronic funds transfer system.
- “App” means the nsave mobile device application available from the Apple App Store and Google Play Store.
- “Digital Asset” or “Stablecoin” means a blockchain-based digital representation of value designed to maintain a stable value relative to the U.S. dollar, including USDC.
- “Services” means the USD Account and Stablecoin Wallet services provided by npay.
- “USD Account” means the account that enables you to receive USD via ACH transfers and hold USD-denominated value.
- “User”, “you”, or “your” means an approved nsave account holder using the App.
- “Wallet” means the digital wallet provided through the Services.
3. Eligibility and Account Access
3.1 Eligibility Requirements
To use the Services, you must:
(a) have an active nsave account in good standing;
(b) be at least 18 years old or the age of majority in your jurisdiction;
(c) have legal capacity to enter into a binding agreement;
(d) not reside in a prohibited jurisdiction;
(e) not appear on sanctions or restricted party lists, including the OFAC SDN List; and
(f) successfully complete identity verification.
3.2 Geographic Availability
The Services are available only in select jurisdictions. Availability of specific features may vary based on location, residency, or regulatory requirements.
3.3 Identity Verification and AML Compliance
npay complies with AML laws including the Bank Secrecy Act and USA PATRIOT Act. You agree to provide requested verification information. Failure to do so may result in service restriction, suspension, or termination.
4. Description of Services
4.1 Stablecoin Wallet Services
The Wallet allows you to:
(a) receive stablecoins from external wallets;
(b) store stablecoins in custody with npay;
(c) transmit stablecoins to other wallets or users; and
(d) convert between stablecoins and fiat currency, subject to fees and limits.
4.2 USD Account and ACH Services
The USD Account enables you to receive USD via ACH using assigned routing and account numbers. Funds received may be held as stablecoins. ACH processing times vary.
4.3 Money Transmission Services
npay provides regulated money transmission services including stablecoin transfers, conversions, and remittances.
4.4 Foreign Exchange Services
Foreign exchange services may be offered at rates determined at the time of transaction, which may include disclosed spreads or markups.
5. Custody of Digital Assets
5.1 Custodial Relationship
npay acts as custodian of Digital Assets held in your Wallet or USD Account. Ownership remains with you.
5.2 Segregation of Customer Assets
Customer assets are held in segregated accounts and are not commingled or used without explicit consent.
5.3 Blockchain Transaction Finality
Blockchain transactions are irreversible. npay is not responsible for incorrect wallet addresses or user error.
6. Fees and Charges
6.1 Service Fees
Fees are disclosed in the App and at www.nsave.com/pricing.
6.2 Network Fees
Blockchain network fees are separate and determined by the underlying network.
6.3 Fee Changes
Fees may be updated at any time. Continued use constitutes acceptance.
7. Transaction Limits
7.1 Limits and Thresholds
Limits may apply based on verification status, subscription plan, regulatory obligations, or risk controls and are displayed in the App.
8. Prohibited Activities
8.1 Restricted Uses
You may not use the Services for illegal activities, fraud, sanctions evasion, gambling, adult content, unauthorised third-party use, or activities that harm npay, nsave, or users.
9. Compliance with Laws
9.1 Regulatory Status
npay operates as a registered MSB and complies with applicable federal and state laws.
9.2 User Legal Obligations
You are responsible for compliance with all applicable laws, including tax reporting.
9.3 Account Freezes and Reporting
Accounts may be frozen or closed as required by law or for suspected prohibited activity.
10. Privacy and Data Protection
10.1 Privacy Practices
Personal data is handled according to the nsave Privacy Policy (www.nsave.com/privacy). Data may be shared with regulators, law enforcement, and service providers where required.
11. Risk Disclosures
11.1 Digital Asset Risks
Stablecoins and digital assets involve risks including loss of peg, regulatory changes, hacking, and technological failures.
11.2 No Deposit Insurance
Funds are not insured by the FDIC, SIPC, or any government program.
11.3 Technology Risks
Service availability depends on internet, device, and blockchain infrastructure.
12. Suspension and Termination
12.1 Suspension or Termination by npay
Access may be suspended or terminated for violations, legal requirements, or risk concerns.
12.2 Effect of Termination
Asset withdrawals may be permitted subject to holds and legal requirements.
12.3 User-Initiated Closure
You may close your account via the App or support, subject to pending obligations.
13. Dispute Resolution
13.1 Governing Law
These Terms are governed by the laws of the State of Montana, USA.
13.2 Informal Resolution
Disputes must first be raised with support@nsave.com.
13.3 Arbitration
Unresolved disputes shall be resolved by binding arbitration in Bozeman, Montana.
13.4 Class Action Waiver
Disputes must be brought individually only.
14. Modifications
14.1 Changes to These Terms
We may update these Terms at any time. Continued use constitutes acceptance.
15. Relationship with nsave
15.1 Separate Legal Entities
npay is a separate legal entity from nsave Ltd.
15.2 Other nsave Services
Other services accessed through the App are governed by separate terms.
15.3 Information Sharing
Information may be shared with nsave to provide Services and meet legal obligations.
16. Miscellaneous
16.1 Severability
Invalid provisions do not affect remaining provisions.
16.2 Waiver
Failure to enforce rights does not constitute waiver.
16.3 Assignment
npay may assign these Terms without restriction.
16.4 Force Majeure
npay is not liable for delays beyond reasonable control.
16.5 Electronic Communications
You consent to electronic communications via the App and email.
17. Contact
npay USA Inc.
220 W Lamme St, Ste B5
Bozeman, MT 59715
United States
- Email: support@nsave.com
- In-App Support: nsave App
- Website: www.nsave.com
Disclosure
npay USA Inc. is registered with FinCEN (MSB Registration Number 31000315267589). npay is not a bank. Funds are not FDIC insured. npay USA Inc. is a technology services provider facilitating access to financial services.
