Terms of Service

Welcome to our Web site. By using our site or service, you are agreeing to comply with and be bound by the following Terms of Service. Please review the following terms carefully. If you do not agree to these terms, you should not use this site or Podex Exchange service.

You agree to the terms and conditions outlined in this Terms of Service Agreement with respect to our site (the "Site") and our service (“service”):


  1. This Terms of Service Agreement constitutes the entire and only agreement between us and you, and supersedes all prior or contemporaneous agreements, representations, warranties and understandings with respect to the Site, the content, products or services provided by or through the Site, and the subject matter of this Terms of Service.  

  2. The term “Podex” or PayBay or “us” or “we” or “our” refers to PayBay Ltd company located in Unit 4E Enterprise Court, Farfield Park, S63 5DB Rotherdam, England, the owner of the Web site and supplier of the service.  

  3. The term “you” refers to the user of our service or viewer of our Web Site.  

  4. Virtual coins are regarded as a form of electronic service. Other services provided by PayBay Ltd including land rental, affiliate programs and any other published on the Site are regarded as mentioned above if not agreed differently.  

  5. Every grid owner is a third party beneficiary to this Terms of Service Agreement. Grid owner is not a party to this Agreement and PayBay Ltd is not an agent, affiliate or employee of any grid owner.   

  6. PayBay Ltd is not responsible for mistakes in providing services including wrong, delayed or no virtual coins transfer if caused by user, third parties including money transfer companies (Paypal, Dotpay, transferuj.pl and Moneybookers) or any other reason not depended on PayBay Ltd.  

  7. PayBay Ltd has the right to refuse any services with or without reason. In case of prior payment and PayBay Ltd refusal of transaction, PayBay Ltd will return the amount of money to the user account. PayBay Ltd is not obliged to pay any extra refund for return of virtual coins or any other service.

  8. Paybay has the right to suspend servicing the grid if any illegal activity is noticed, including but not limited to situation when the number of coins on the grid differs from the number of coins issued by PayBay.

  9. PayBay Ltd is not a party in case of disagreement between the users, companies, money transfer companies.   

  10. Services will be delivered directly to the user account as soon as possible but not before the user payment has been transferred to PayBay Ltd bank account.  

  11. If a client is not 100% satisfied with the purchase, within 7 days from the purchase date, we will fully refund the cost of the order under the condition of returning the service to us.   

  12. PayBay Ltd reserves the right to halt, suspend, discontinue, or reverse transactions which indicate high risk level of fraud, including but not limited to using anonymous proxy or TOR network, violation of other laws or regulations, or if we believe you pose unacceptable risk to our business activity. In case of fraud thread the payment for services may dependent on submiting additional personal information.  

  13. The content, organization, graphics, design, compilation, magnetic translation, digital conversion and other matters related to the Site or any other PayBay Ltd materials are protected under applicable copyrights, trademarks and other proprietary (including but not limited to intellectual property) rights. The copying, redistribution, use or publication by you of any such matters or any part of the Site, except distributing or use of in-word coins and materials which are mentioned as free to distribute, is strictly prohibited. You do not acquire ownership rights to any content, document or other materials viewed through the Site except Linden Dollars. The posting of information or materials on the Site does not constitute a waiver of any right in such information and materials. Some of the content on the site is the copyrighted work of third parties.   
  14. "www.podex.info", “www.podex.com.pl" and others are our service marks or registered service marks or trademarks. Other product and company names mentioned on the Site may be trademarks of their respective owners.  

  15. The user is granted a non-exclusive, non-transferable, revocable license (a) to access and use the Site strictly in accordance with this Agreement; (b) to use the Site solely for internal, personal, non-commercial purposes; and (c) to print out discrete information from the Site solely for internal, personal, non-commercial purposes and provided that you maintain all copyright and other policies contained therein. No print out or electronic version of any part of the Site or its contents may be used by you in any litigation or arbitration matter whatsoever under any circumstances.  

  16. The user’s license for access and use of the Site and any information, materials or documents (collectively defined as “Content and Materials”) therein are subject to the following restrictions and prohibitions on use: You may not (a) copy, print (except for the express limited purpose permitted by Section 4 above), republish, display, distribute, transmit, sell, rent, lease, loan or otherwise make available in any form or by any means all or any portion of the Site or any Content and Materials retrieved therefrom; (b) use the Site or any materials obtained from the Site except Linden Dollars to develop, of as a component of, any information, storage and retrieval system, database, information base, or similar resource (in any media now existing or hereafter developed), that is offered for commercial distribution of any kind, including through sale, license, lease, rental, subscription, or any other commercial distribution mechanism.  

  17. The latest version of Terms of Service will be posted on the Site, and you should review this Terms of Service prior to using the Site or service.  

  18. This Terms of Service Agreement may be amended at any time by us from time to time without specific notice to you.  

  19. Both PayBay Ltd and user shall make all effort to amicably resolve all disputes arising in connection with the execution of this Contract. All disputes resulting from the contract that the Parties cannot amicably resolve shall be submitted for resolution to the Commerce Court of Arbitration in Rotherdam, England.