Terms of Service

These Terms of Service ("Terms") govern your access to and use of Peoplerails (the "Service"), a people-powered cash-in and cash-out payment network. By creating an account or using the Service you agree to these Terms. If you use the Service on behalf of a business, you represent that you are authorized to bind that business.

1. The Service

Peoplerails connects users, independent agents ("Liquidity Nodes"), and businesses to move cash. Agents provide electronic float and exchange it for cash with users; businesses collect and disburse funds. Every movement is recorded on an immutable, hash-chained ledger. Peoplerails is a technology platform that records and coordinates these transactions; the physical handling of cash is performed by agents and counterparties, not by Peoplerails.

2. Eligibility & verification

You must be at least 18 years old and provide accurate identity information. We may require identity and business verification (KYC / KYB), and agents must post collateral and pass verification before being activated. We may refuse, suspend, or close accounts that fail verification, present elevated risk, or violate these Terms.

3. Transactions & confirmations

Deposits and withdrawals require confirmation from both the user and the agent. A transaction is final once recorded on the ledger. Because cash is handled off-platform, you are responsible for confirming only payments you have actually sent or received. Bank references you submit must be accurate; submitting false information may result in account termination.

4. Fees

Fees are displayed before a transaction and are set by the platform. A portion of transaction fees is paid to the agent who provides liquidity. Businesses may choose whether they or their customer bears the collection fee.

5. Disputes & reversals

If a transaction is disputed, we may investigate and, where warranted, reverse it and apply penalties to a responsible agent from their collateral. Our determination of a dispute is final as between the parties on the platform.

6. Prohibited use

You may not use the Service for unlawful activity, fraud, money laundering, terrorist financing, or to evade sanctions. You may not attempt to manipulate the ledger, abuse the matching system, or circumvent transaction limits.

7. Liability

The Service is provided "as is." To the maximum extent permitted by law, Peoplerails is not liable for indirect or consequential damages, or for losses arising from cash handled off-platform by agents or counterparties.

8. Changes

We may update these Terms; material changes will be communicated, and continued use after changes take effect constitutes acceptance.

9. Contact

Questions about these Terms? Contact us.

This document is a general summary of our terms and not legal advice.