Terms of Service

Last updated: April 19, 2026 · Version 2.0

These Terms of Service ("Terms") govern your access to and use of AsterPay, the trust, discovery and EUR settlement layer for AI agent commerce, operated by AELIRA LTD ("AsterPay", "we", "our", "us"). By accessing or using AsterPay, you ("User", "Merchant", "Developer", or "Agent Operator") agree to be bound by these Terms.

1. Description of Services

AsterPay provides:

Trust layer (KYA — Know Your Agent): on-chain agent identity verification (ERC-8004), sanctions and AML screening via licensed providers, and a Trust Score (0–100) used to gate transaction limits.
Discovery layer (MPE — Merchant Payment Endpoint): resolves merchant identifiers (company name, VAT, domain) to verified IBAN/BIC and performs Verification of Payee (VoP, PSD2) checks.
EUR settlement layer: conversion of regulated stablecoins (USDC, EURC, EURCV) to EUR (and other supported EURs where available) via SEPA Instant and partner banking rails. Settlement is provided through licensed European payment partners; AsterPay does not custody funds beyond the time required to execute the conversion.
Payment protocol facilitation: dual-protocol facilitator support for the x402 protocol (HTTP 402, Coinbase open standard) and the Machine Payments Protocol (MPP, Stripe / Tempo open standard). Compatibility with Google AP2.
Developer infrastructure: APIs, SDKs, MCP servers, and the open-source Attest CLI (EU AI Act, Article 50) for integration and compliance tooling.

2. Eligibility & account types

You must:

Be at least 18 years old and have the legal capacity to enter into contracts;
Not be located in, or a national of, any jurisdiction subject to comprehensive sanctions (including but not limited to those administered by the EU, UN, OFAC, or HM Treasury);
Not appear on any sanctions, PEP-with-restriction, or terrorism-financing list applicable in the European Union;
Provide accurate, complete and current information at registration and on request.

Merchant accounts that wish to receive EUR settlement must complete KYB (Know Your Business) verification, including UBO disclosure and PEP declaration, before any EUR payout is enabled.

3. Fees

Our published fee structure as of the date above:

Developer / agent API access: $0.01 USDC per call via x402 or MPP. Sandbox is free up to 1,000 calls per day. No monthly minimum, no signup fee.
Merchant EUR settlement — EU rail (default for EU-incorporated entities): 0.5% + €0.10 per settled transaction, all-in. No setup fee, no monthly minimum. Volume discounts available from €50,000 / month.
Merchant EUR settlement — US rail (US-incorporated entities, routed via US-licensed banking partner): 1.5% + €1.00 per settled transaction, all-in. The higher fee covers currency spread and SEPA passthrough at the US-licensed banking partner.
Enterprise & platform tier: negotiated pricing for transaction volumes above €500,000 / month, white-label, or multi-tenant configurations. Includes SLA and dedicated support.
Rail assignment: the applicable rail (EU or US) is determined by the merchant's country of incorporation at KYB onboarding and disclosed in writing before activation. Merchants are never silently moved between rails.
Network fees: third-party blockchain (gas) and SEPA Instant fees are passed through at cost where applicable; AsterPay does not mark them up.

Fees may be updated at any time on at least 30 days' prior written notice (email or dashboard notification). Continued use after the effective date constitutes acceptance of the new fees.

4. Trust tiers and transaction limits

Agent transactions are gated by Trust Score tier. Current published limits:

Open (score 0–20): max $1 per call, $50 per month.
Verified (20–50): max $100 per call, $5,000 per month.
Trusted (50–80): max $2,500 per call, $100,000 per month.
Enterprise (80–100): negotiated limits, available from Q3 2026.

AsterPay reserves the right to refuse, hold, escrow, reverse, or refund any transaction at its discretion where Trust Score data, sanctions screening, or our risk-monitoring systems indicate a credible risk of fraud, sanctions exposure, money laundering or terrorism financing.

5. Acceptable use

You may not use AsterPay, directly or via an agent acting on your behalf, for:

Activities prohibited by EU, US, UN or other applicable sanctions, anti-money-laundering (AML) or counter-terrorism-financing (CTF) law;
Fraud, identity misrepresentation, or facilitation of unauthorized payments;
Unlicensed gambling, regulated investment products without proper authorization, weapons trafficking, controlled substances, child sexual abuse material, or other content prohibited by EU law;
Circumventing Trust Score, KYA or KYB controls, including operating multiple agents to fragment transactions below screening thresholds (structuring);
Re-selling or sublicensing AsterPay APIs without a written reseller / platform agreement.

6. Compliance & regulatory framework

AsterPay operates in the European Union under the laws of the Republic of Cyprus.

MiCA (Markets in Crypto-Assets): AsterPay is MiCA-aligned and provides regulated services through licensed European payment and crypto-asset partners. We do not hold a CASP licence; we operate as a technical service provider behind licensed European partners.
Travel Rule (Regulation (EU) 2023/1113): originator and beneficiary information is collected, transmitted and stored for crypto-asset transfers at or above €1,000.
VAT: European VAT is charged where applicable; reverse-charge applied to qualifying B2B EU customers.
EU AI Act, Article 50: AsterPay's published transparency information includes the Attest scan (open source) for integrators relying on agentic flows.
Sanctions screening: performed via an enterprise screening provider against EU, UN, OFAC and HM Treasury lists. Screening verdicts are stored for the periods required by applicable law.

7. Agent identity & KYA

Where an AI agent transacts via AsterPay we may collect, process and store: the agent's on-chain identifier (ERC-8004 ID), wallet addresses, behavioural and reputation signals, and operator KYB attestations. This data is used to compute Trust Score, support fraud monitoring, and meet regulatory obligations. KYA data is treated as personal or operator data depending on context and is processed under our Privacy Policy.

8. Non-custodial settlement

AsterPay does not custody user funds for longer than the period required to execute conversion and settlement. Funds in transit may be held briefly at licensed European payment partners under partner-bank custody agreements. AsterPay is not a deposit-taking institution.

9. Risks

You acknowledge that:

Blockchain transactions are irreversible;
SEPA Instant settlement is generally completed within seconds but may be delayed by partner-bank or beneficiary-bank issues outside our control;
Stablecoin issuers can pause, blacklist, or otherwise restrict transfers under their own terms;
Trust Score, KYA and screening signals reduce but do not eliminate fraud, sanctions, or counterparty risk.

10. Limitation of liability

To the maximum extent permitted by law, AsterPay's total liability for any claim arising from or relating to these Terms or the services is limited to the fees paid by you to AsterPay in the twelve (12) months preceding the event giving rise to the claim. AsterPay is not liable for indirect, incidental, special, consequential or punitive damages.

11. Indemnification

You agree to indemnify and hold harmless AsterPay, its affiliates, partners and personnel against any third-party claim, regulatory action, fine or cost arising from (a) your breach of these Terms, (b) your use of AsterPay in violation of applicable law, or (c) the conduct of any agent operating under your account.

12. Suspension & termination

We may suspend, restrict or terminate access where we have reason to believe a user has breached these Terms, applicable law, partner-bank or stablecoin-issuer rules, or where required by a competent authority. Where lawful and operationally feasible, we will provide notice. Pending settlements may be returned to source or held in escrow pending investigation.

13. Modifications

We may amend these Terms from time to time. Material changes will be notified at least 30 days in advance by email or dashboard banner. Continued use after the effective date constitutes acceptance.

14. Governing law & dispute resolution

These Terms are governed by the laws of the Republic of Cyprus, without regard to its conflict-of-law provisions. EU consumer-protection mandatory rights are not affected. Any dispute shall be submitted to the competent courts of Nicosia, Cyprus, save where mandatory EU law confers jurisdiction elsewhere.

15. Contact

For questions about these Terms, contact us at [email protected].