Welcome to Dapi (the "DAPI"). The owner and operator of the DAPI is DAPI Inc, a corporation registered in Delaware, United States, with its wholly-owned subsidiary DAPI Ltd, a private limited company by shares registered in the United Arab Emirates ("UAE") under license number 000003122. As an open banking company, DAPI Inc and its subsidiary work together to serve various parts of the world ("we", "our" or "us"). The registered address for DAPI Inc is 2261 Market Street #4838, San Francisco, CA 94114, USA. The address for DAPI Ltd is Offices 119, 16th Floor, Al Khatem Tower, Abu Dhabi Global Market (ADGM), Al Maryah Island, Abu Dhabi, United Arab Emirates.
You acknowledge that the products and services provided to you through a third-party application are governed by a separate agreement between you and the provider of that application.
You acknowledge and understand that DAPI’s Services are not provided by, in partnership or under contract with the banks and/or financial institutions to which we may connect you for the purposes of providing the Services.
We offer two financial APIs, a Data API and Payment API (both defined below), that let apps and others:
With respect to the Payment API, we will initiate payment wherever the End User has provided consent through the third-party application unless:
Our financial APIs have the following use cases, which include (without limitation):
We will not charge you for the use of our Services. However, third-party applications may charge you for products and services provided to you that make use of our Services.
Before receiving our Services, you will have instructed a third-party application through which you have accessed our Services to retrieve your Account Information. Following such instruction, you will generally be redirected to us.
Once you are redirected to us, we will ask you to select which ASPSP you would like us to access Account Information from. You may be redirected to your ASPSP’s website or mobile application in order to authenticate yourself so that your ASPSP knows that you consent to us accessing your Account Information.
In some circumstances, to use our Services, you will need to provide the same identifying information that you use to access the relevant payment accounts when you log in yourself (the “Credentials”).
Our Services will allow you to use your Credentials to retrieve such Account Information as you choose to transmit to the Provider.
Our Services may merge or aggregate Account Information retrieved from a particular ASPSP with Account Information retrieved from another ASPSP where you have instructed us to access and transmit such information.
You can use our Services to make online payments from an account you hold with an ASPSP.
Before receiving our Services, you will have instructed a third-party application through which you have accessed our Services to make an online payment. Following such instruction, you will generally be redirected to us.
Once you are redirected to us, you will be asked to review and confirm your payment and transaction details are correct.
Once you have confirmed those details, and provided your explicit consent for us to:
you will have to select the account you will use to initiate the payment from. You may be redirected to your ASPSP’s website or mobile application in order to authenticate yourself so that your ASPSP knows that you consent to such transaction.
In order to use our Services, you may be required to register as a user on our Services and provide us with certain information.
You are eligible to register as a user of our Services if you meet the following eligibility criteria:
In order to register for the Services, you will need to provide us with certain information. Your registration for the Services may not be accepted if you do not provide us with the required information. We reserve the right to decline any registration without further explanation. We also reserve the right to undertake such checks as are necessary to verify your identity, as appropriate.
Some of the Services may be available to you through a compatible desktop or mobile device, which may require Internet access and/or additional software to be installed. You acknowledge and agree that you are solely responsible for these technical requirements, including but not limited to:
You also acknowledge that we make no warranties or representations of any kind, express, statutory or implied, as to:
When using or accessing the Services, you agree that you, and any others acting on your behalf:
When using or accessing the Services, you agree that you, and any others acting on your behalf will not:
You agree that you have no right to use any trademark we hold, or may hold in the future, without our prior written consent.
In the event that any of our Intellectual Property Rights vest in you, you hereby assign (or shall use reasonable endeavours to assign or procure the assignment) to us all right, title and interest in and to such Intellectual Property Rights.
You will maintain the confidentiality of all Confidential Information we may provide you or which you receive as a result of your use of the Services and will not release, disclose, use, make available or copy any such Confidential Information without our prior written consent. You may disclose Confidential Information to employees, agents or subcontractors on a need-to-know basis only.
You will take reasonable precautions to protect the confidentiality of such Confidential Information. Excluded from this obligation of confidentiality is Confidential Information which:
You warrant, represent and undertake that:
Subject to clause 9.1, the Services are provided to you on an “as is” basis without representations, warranties or conditions of any kind. We disclaim all warranties, conditions and representations of any kind, whether express, implied or collateral, including, but not limited to, all conditions, representations or warranties of merchantability, of fitness for a particular or general purpose, of non-infringement, of compatibility or that the Services are secure or error free or will operate without interruption or will be provided in a timely or proper manner or at all.
In addition, to the extent permitted by applicable law, we (including our parent company, subsidiaries and affiliates and our and their directors, officers, agents, employee, suppliers, subcontractors or licensors) are not liable, and you agree not to hold us responsible, for any damages or losses resulting directly or indirectly from:
You agree to indemnify and hold us, our parent company, subsidiaries and affiliates and our and their directors, officers, agents, employee, suppliers, subcontractors or licensors harmless from and against any losses, damages and expenses (including legal fees) arising out of or relating to:
Without prejudice to any of our rights and remedies and without any liability to you, we may terminate, limit, suspend or withdraw your access to the Services (effective immediately) and/or remove hosted content submitted by you if:
Our Services may include information and materials uploaded by other users of the Services. This information and these materials have not been verified or approved by us. The views expressed by other users of our Services do not represent our views or values.
We are not responsible for any complaints or disputes about products and/or services provided by any application or third party through which you accessed our Services. You should settle these complaints or disputes with the application provider or third party directly.
Your Consent: To the extent permitted by applicable law, you consent to use electronic signatures and to electronically receive all records, notices, statements, communications, and other items for all services provided to you under this Agreement and in connection with your relationship with us (collectively, “Communications”) that we may otherwise be required to send or provide you in paper form (e.g., by mail). By accepting and agreeing to this Agreement electronically, you represent that:
Your Right to Withdraw Your Consent: Your consent to receive Communications electronically will remain in effect until you withdraw it. You may withdraw your consent to receive further Communications electronically at any time at www.dapi.com/contact-us. If you withdraw your consent to receive Communications electronically, we will close your Account and return your remaining Account balance as set forth in this Agreement, and you will no longer be able to participate in the Program, except as expressly provided in this Agreement. Any withdrawal of your consent to receive Communications electronically will be effective only after we have a reasonable period of time to process your withdrawal. Please note that your withdrawal of consent to receive Communications electronically will not apply to Communications electronically provided by us to you before the withdrawal of your consent becomes effective.
Hardware and Software Requirements: In order to access and retain Communications provided to you electronically, you must have:
Copies of Communications You should print and save and/or electronically store a copy of all Communications that we send to you electronically.
Paper Delivery of Communications: You have the right to receive Communications in paper form. To request a paper copy of any Communication at no charge, please write to:
2261 Market Street #4838 San Francisco, CA 94114 within 180 days of the date of the Communication, specifying in detail the Communication you would like to receive. For the avoidance of doubt, requesting a paper copy of any Communication, in and of itself, will not be treated as withdrawal of consent to receive electronic Communications.
Address or Name Changes: You are responsible for notifying us of any change in your name, physical address, mailing address, email address, or phone number. Requests for address or name changes may be subject to additional verification requirements.
We will attempt to communicate with you only by use of the most recent contact information you have provided to us. You agree that any notice or communication sent to you at an address noted in our records shall be effective unless we have received an address change notice from you.
We cannot accept responsibility for any email messages not received by you or for any delay in the receipt or delivery of any email notification. If you make your email account available to any other individual, you agree that you are responsible for any release of any Account information to such individual.
Dispute Resolution: If you have an issue with our Services, please contact us on firstname.lastname@example.org We will endeavor to resolve your issue as soon as possible.
Force Majeure: Neither party will be liable for any loss or damage or for any delay or failure in performance due to acts beyond the control of such party whether or not such acts could reasonably be anticipated (including without limitation acts of God, legislative, judicial or regulatory acts of any provincial or the federal government, court or regulatory authority, acts of any of our subcontractors or any third party providers of goods or services to us, labour disruptions, blackouts, embargoes, epidemics, pandemics).
Professional Advice: Any information or data contained in or made available through the Services is provided for informational purposes only. Such information or data is not a substitute for the services of qualified professionals. We do not give professional advice and are not in the business of providing legal, financial, accounting, taxation or other professional services or advice. You should take independent financial or other advice from a qualified professional regarding any information or data contained in or made available through the Services.
Export Restrictions: The Services may be subject to the export control laws of, trading embargoes or other trading restrictions imposed by the United States, United Kingdom, European Union and/or the United Nations. You acknowledge that none of the Services may be downloaded or otherwise exported or re-exported, directly or indirectly into any countries that are subject to U.S., UK, EU, United Nations sanctions or other sanctions applicable to the export or re-export of goods and/or service.
1. for reasons of actual or suspected fraud, criminal activity or failure to comply with applicable law;
2. by a regulator;
Our two financial APIs let fintech apps process the following types of information: