Risk Disclosure Statement

1. Purpose of This Statement

This Risk Disclosure Statement is intended to inform merchants and users of Auras Pay ("you") of the potential risks associated with using blockchain-based systems and third-party services integrated within the Auras Pay platform. By using Auras Pay, you acknowledge that you understand and accept the following risks.

2. No Custody or Asset Handling

Auras Pay is a non-custodial Software-as-a-Service (SaaS) platform. We do not hold, store, or transfer any fiat or virtual assets on behalf of merchants or customers. Payments are made directly from customer to merchant on-chain. Auras Pay is not a Virtual Asset Service Provider (VASP) and does not provide financial intermediation of any kind.

3. Blockchain Risk

Use of blockchain technologies (such as Solana) involves inherent risks, including but not limited to:

• Network congestion, delayed confirmations, or failed transactions
• Smart contract vulnerabilities or exploits
• Unexpected changes in transaction fees or protocol behavior
• Blockchain forks or governance changes that may impact functionality

You are solely responsible for ensuring that your connected wallet addresses and integrations are correctly configured.

4. Volatility of Virtual Assets

Virtual assets and tokens are subject to high market volatility, regulatory changes, and limited liquidity. Auras Pay does not guarantee or influence any asset price, transaction value, or token utility. Merchants are advised to conduct their own due diligence and risk assessment before accepting cryptocurrency payments.

5. Third-Party Service Providers

Auras Pay may integrate or facilitate access to third-party services, such as:

• Wallet providers
• On-chain payment relays
• Analytics dashboards
• Web3 utilities

These services operate independently and are governed by their own terms and risks. Auras Pay is not liable for any technical failure, data loss, or damages arising from their use.

6. Legal and Regulatory Risk

The legal and regulatory treatment of virtual assets varies across jurisdictions and may change without notice. You are solely responsible for ensuring that your use of Auras Pay is compliant with local laws, including but not limited to tax, licensing, or reporting obligations.

7. System Availability and Downtime

While Auras Pay aims to maintain a high level of availability, we do not guarantee uninterrupted access. System downtime, maintenance, or third-party outages may affect the performance of the platform. We are not responsible for any loss of revenue or disruption caused by such events.

8. Security

While Auras Pay does not hold any user funds or private keys, merchants are responsible for maintaining their own operational and cybersecurity controls. This includes proper wallet management, secure integration of APIs, and controlling access to merchant dashboards.

9. No Financial Advice

Auras Pay does not provide financial, legal, or tax advice. All use of the platform is at your own risk. You are strongly advised to consult with professional advisors before making decisions involving digital assets.

10. Acceptance of Risk

By using Auras Pay, you confirm that:

• You understand the technical and regulatory risks involved
• You accept full responsibility for your use of the platform
• You release AURAS Technologies MENA FZCO from liability arising from market loss, technical failure, or third-party service behavior

11. Contact

For any questions about this statement or clarification of terms, please contact:
📧 support@auraspay.com