Terms & Conditions

Jazari X — Stablecoin Wallet
Effective Date: April 2026

These Terms and Conditions govern your use of the Jazari X stablecoin wallet application and all related services. Please read them carefully before creating your account. By registering, you confirm that you have read, understood, and agreed to be bound by these terms.

1. Introduction

1.1. Jazari X and Jazari is a trading name of Alif Financial Ltd, a company registered with Companies House under number 13467148. Its registered address is: #78870, Building A1, IFZA Business Park, Dubai Silicon Oasis, Dubai, UAE.

1.2. Jazari X provides a stablecoin wallet application enabling users to hold, send, and receive USDC and USDT across Ethereum, Tron, and Solana networks. Stablecoin transaction infrastructure and identity verification services are provided by licensed third-party partners.

1.3. These terms are available at jazari.xyz/terms.

1.4. All Jazari X wallets remain associated with and subject to the governance of Alif Financial Ltd.

1.5. No interest will be paid on your wallet balance unless explicitly stated in a separate savings or yield product agreement.

2. Definitions

2.1. Account Balance: The total amount of stablecoin funds currently held in your Jazari X wallet and available for use.

2.2. Infrastructure Partner: A licensed third-party provider engaged by Jazari X to process and settle stablecoin transactions on supported blockchain networks.

2.3. Customer Service: The Jazari support team, reachable via email at hello@jazari.xyz or through the in-app chat feature.

2.4. Jazari App: The official Jazari X mobile application through which you access and manage your stablecoin wallet.

2.5. Recipient: The individual or entity you send stablecoins to from your Jazari X wallet.

2.6. Remittance: The process of sending stablecoins from your Jazari X wallet to another individual, typically overseas.

2.7. Stablecoin: A digital asset pegged to a fiat currency — specifically USDC or USDT as supported by Jazari X.

2.8. KYC Provider: The licensed third-party identity verification and AML/KYC provider engaged by Jazari X.

2.9. Verification and Identity: The process of confirming your personal details through electronic checks or by submitting identification documents, conducted via our licensed KYC provider.

2.10. Website: The official Jazari website at jazari.xyz.

3. Jazari X Wallet Account

3.1. Your Jazari X account is a non-custodial stablecoin wallet that allows you to hold, send, and receive USDC and USDT.

3.2. This document outlines the general terms and conditions for your Jazari X wallet. It is a legal agreement between you and us. By submitting your application, you confirm acceptance. By agreeing, you confirm:

  • All the information you have provided is true, accurate, and belongs to you.
  • You are legally able to enter into a binding agreement.
  • You will only use your Jazari X wallet for the purposes outlined in these terms.
  • You are 18 or over and legally able to manage your own actions.
  • You are acting on your own behalf, not for anyone else.
  • You allow us to verify your identity through our licensed KYC provider.

3.3. You must provide all required information and pass our identity and anti-money laundering checks, as required by applicable law.

3.4. We may decline your application at our discretion and are not required to provide a reason.

4. Payments In and Out

4.1. You can add stablecoins to your Jazari X wallet by receiving USDC or USDT from any external wallet or exchange.

4.2. You can send stablecoins from your Jazari X wallet to any valid wallet address on a supported network (Ethereum, Tron, Solana).

4.3. Only verified Jazari X account holders are authorised to send stablecoins from their wallets.

4.4. You are responsible for ensuring that recipient wallet addresses and network selections are correct when making transfers.

4.5. If you send stablecoins to an incorrect address, we will attempt to help you but cannot guarantee recovery. Blockchain transactions are generally irreversible once confirmed.

4.6. You cannot send stablecoins that would result in a negative wallet balance.

4.7. Transactions cannot be cancelled once confirmed on-chain.

4.8. We or our infrastructure partners may refuse to process a transaction if:

  • It does not comply with these terms or applicable regulations.
  • The recipient is subject to legal restrictions or our infrastructure partner does not support transfers to that address.
  • The transaction raises compliance, fraud, or AML concerns.

5. International Remittances

5.1. Where currency conversion is applicable, the rate will be provided at the time of initiating the transaction. Rates are time-sensitive and may change based on market conditions.

5.2. Jazari X aims to minimise fees. Near-zero network fees apply to stablecoin transfers. Any applicable fees will be clearly displayed before you confirm a transaction.

5.3. Delivery times vary depending on the destination, network selected, and regulatory requirements.

5.4. Transaction monitoring is applied to detect fraud, money laundering, and other prohibited activities.

5.5. In certain scenarios, Jazari X may reverse a transaction after initiation, including where required by regulation, fraud is detected, or technical errors occur.

6. Use of the Jazari X Wallet

6.1. Your Jazari X wallet can be used to hold, send, and receive USDC and USDT across Ethereum, Tron, and Solana networks.

You must not use your Jazari X wallet for:

  • Illegal transactions of any kind
  • Transactions restricted on our website or app
  • Commercial or business use unless explicitly approved
  • Circumventing sanctions, AML laws, or other financial regulations

7. Blockchain Transactions and On-Chain Data

7.1. All stablecoin transfers made via Jazari X are recorded on public blockchain networks. Blockchain transactions are immutable. Once confirmed on-chain, transactions cannot be reversed, edited, or deleted.

7.2. We limit what personal data is directly linked to blockchain activity within our own systems.

7.3. You are solely responsible for selecting the correct blockchain network when initiating transfers.

8. Transactions

8.1. Any use of your Jazari X wallet will be treated as your consent to the transaction. Once confirmed on-chain, it cannot be cancelled.

8.2. We may refuse or suspend a transaction due to system issues, compliance requirements, insufficient balance, or suspected fraud.

9. Liability

9.1. Nothing in these terms limits liability for fraud or actions that cannot lawfully be limited.

9.2. We are only liable for losses that are foreseeable and result directly from a breach of these terms.

9.3. We are not liable for events outside our control, including blockchain network failures, infrastructure outages, or regulatory changes.

9.4. These liability limitations also apply to our licensed third-party partners including stablecoin infrastructure and identity verification providers.

10. Your Security Responsibilities

10.1. You must keep your account credentials, access codes, and any linked device secure. Do not share your account credentials with anyone. Report any suspected unauthorised access immediately.

11. Third-Party Providers

11.1. You may give consent to regulated third-party providers to access your Jazari X wallet information where permitted by applicable law.

11.2. We may block third-party access if we believe the provider is unauthorised or poses a security risk.

12. Know Your Customer (KYC) Review

12.1. Jazari X is legally required to monitor customer activity and verify identities on an ongoing basis through KYC procedures, conducted via our licensed KYC provider. KYC refresher checks may be conducted periodically. Failure to complete a required KYC check may result in account suspension or termination.

13. Changing These Terms

13.1. We may update these terms by notifying you via email or through the app. For significant changes, we will give 30 days notice. The latest version of these terms will always be available at jazari.xyz/terms.

14. Cancellation and Account Closure

14.1. You may close your Jazari X account at any time by contacting us via the app or at hello@jazari.xyz. Before your account can be closed, you must ensure your wallet balance is transferred out.

14.2. We may terminate this agreement and close your account for breach of terms, abusive behaviour, suspected fraud, or as required by applicable law. We will provide at least 30 days prior notice unless exceptional circumstances require immediate termination.

15. Jazari Referral Programme and Rewards

15.1. Upon joining Jazari X, you may receive a unique referral code. For each successful referral, you will earn a reward. Rewards are not cash and cannot be withdrawn. They may only be redeemed against eligible features within the Jazari app. Rewards are valid for 24 months from the date they are earned.

16. General

16.1. By entering into this agreement, you agree that we may use your information as outlined in our Privacy Policy.

16.2. We may monitor and record communications between you and us.

16.3. You must provide and maintain a valid email address and phone number.

16.4. This agreement is governed by the laws of the United Arab Emirates. Any disputes shall be subject to the non-exclusive jurisdiction of the courts of the Dubai International Financial Centre (DIFC).

17. Intellectual Property

17.1. We own or license all intellectual property rights in the Website, App, Jazari X wallet, and any associated materials. "Jazari" and the Jazari logo are trademarks of Alif Financial Ltd.

18. Complaints and How to Contact Us

18.1. A complaint is any expression of dissatisfaction relating to our services. We aim to resolve complaints within 15 business days.

To raise a complaint, please contact us at:

  • Email: hello@jazari.xyz
  • In-app chat: Available within the Jazari X app

19. Contacting You in an Emergency

19.1. In the event of suspected fraud or a security threat, we may urgently contact you via SMS, email, or in-app notification.

20. How We Use Your Information

20.1. KYC and identity verification checks are conducted via our licensed third-party KYC provider.

We may use your data to:

  • Perform identity verification to manage your account
  • Process stablecoin transactions via our licensed infrastructure partner
  • Operate and improve our services
  • Prevent fraud, money laundering, and financial crime
  • Comply with legal or regulatory obligations

For full details, refer to our Privacy Policy.

If you have any questions or concerns about these terms, please contact us at hello@jazari.xyz.

Jazari X is a trading name of Alif Financial Ltd (No. 13467148). Registered address: #78870, Building A1, IFZA Business Park, Dubai Silicon Oasis, Dubai, UAE. Last updated: April 2026.