Terms of Services
Effective Date: December 1, 2018
Last Updated: March 25, 2026
Welcome to FASTO! These Terms of Service (“Terms”) govern your use of our website, email marketing, and social media management. By accessing or using our website, you agree to these Terms. Use of the Services is based on a separately signed agreement. In case of any discrepancy between these Terms and your special terms, then such special terms shall prevail.
We are not a payment service provider (PSP). We provide various products that optimize payment processes, including a fully fledged payment orchestration platform. The payment orchestration platform serves as a technical layer located between merchants and payment service providers. It provides an independent and flexible setup for merchants to connect to as many payment service providers and acquirers as needed, while centralizing and consolidating all payment processes. The platform offers features such as smart transaction routing, risk management, easy-to-use reconciliation and settlements, and much more. We are not involved in the transfer of funds. PayFasto does not provide a MID or merchant account number. We are a technical platform and not a financially licensed institution. You will require a contractual agreement with an acquiring bank or PSP in order to receive a merchant account number or MID.
The information provided on this website is for general informational and marketing purposes only and does not constitute advertisement of financial services. Please note that although this website provides information and resources regarding various options, we are not a provider of payment services. Regardless of any descriptions, visual representations, or details presented across our site, we do not directly process, manage, or offer financial services. All such services are facilitated by third-party providers, and our role is limited to providing information and connectivity rather than the financial services themselves. The information provided when using the website is not intended for distribution to or use by any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation or which would subject us to any registration requirement within such jurisdiction or country. Accordingly, those persons who choose to access the Services from other locations do so on their own initiative and are solely responsible for compliance with local laws, if and to the extent local laws are applicable.
1. Definitions
For clarity, the following definitions apply:
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- “We,” “us,” or “our” refers to FastoPayments OÜ, its affiliates, and authorized representatives.
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- “User,” “you,” or “your” refers to anyone accessing or using our website or services.
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- “Services” refers to the payment processing, chargeback prevention, fraud mitigation, email marketing, social media management, and related offerings provided by FastoPayments OÜ and it’s affiliates.
2. User Responsibilities
To use our services, you agree to:
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- Provide accurate and lawful information during registration and while using our services.
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- Comply with all applicable laws and regulations, including but not limited to anti-money laundering (AML) and know-your-customer (KYC) obligations.
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- Not engage in fraudulent, abusive, or unlawful activities, including sending spam, misleading marketing emails, or facilitating illegal transactions.
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- Keep your account credentials confidential and notify us immediately of unauthorized access.
3. Fees and Payments
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- You agree to pay all fees associated with the services you select. Fees are outlined in your service agreement or order form.
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- All payments must be made on time to avoid service interruptions.
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- Certain fees, such as setup costs, may be non-refundable.
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- You are responsible for any taxes or duties arising from your use of our Services.
4. Intellectual Property
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- All content on our website, including text, graphics, logos, and software, is the exclusive property of FastoPayments OÜ, or its licensors.
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- You may not copy, modify, distribute, or reverse-engineer any of our intellectual property without explicit written permission.
5. Prohibited Activities
You may not use our Services for:
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- Sending unsolicited or deceptive marketing emails.
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- Any actions that disrupt or harm the operation of our website or Services.
6. Limitation of Liability
To the fullest extent permitted by law:
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- FastoPayments OÜ is not liable for any indirect, incidental, or consequential damages arising from your use of our website.
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- You acknowledge and agrees that third-party service providers reserve the absolute right to decline, suspend, or terminate services at their sole discretion based on independent risk assessments, evolving regulatory requirements, or internal corporate policies. Notwithstanding any descriptions, representations, or information presented on this website, we do not guarantee that any services will be approved, provided, or maintained. We shall not be held liable for any losses or damages resulting from a provider’s decision to withhold services, and you remain responsible for ensuring their own compliance with provider terms and conditions.
This website is provided on an as-is and as-available basis. You agree that your use of the website will be at your sole risk. To the fullest extent permitted by law, we disclaim all warranties, express or implied, in connection with the website and your use thereof.
7. Modifications to Services
FastoPayments OÜ may update or modify its website or these Terms at any time. Significant changes will be communicated via email or a notice on our website. Continued use of the website after updates signifies acceptance of the changes.
8. Governing Law
- These Terms are governed by the laws of Estonia.