April 20, 2025
PLEASE CAREFULLY READ THESE GENERAL TERMS AND CONDITIONS OF USE (HEREINAFTER REFERRED TO AS "T&C") GOVERNING THE USE OF THE COMPELLIO DIGITAL DATA WALLET SERVICE. THESE T&C CONTAIN IMPORTANT INFORMATION REGARDING YOUR RIGHTS, REMEDIES, AND OBLIGATIONS.
BY USING THE COMPELLIO DIGITAL DATA WALLET SERVICE, YOU UNCONDITIONALLY ACCEPT THESE GENERAL TERMS AND CONDITIONS OF USE, AND THEY APPLY TO ALL USERS.
THE PARTIES ACKNOWLEDGE THAT THEY HAVE RECEIVED ALL NECESSARY INFORMATION BEFORE COMMITTING, THROUGH THESE T&C AND ANY OTHER DOCUMENT BROUGHT TO THEIR ATTENTION.
THE COMPELLIO DIGITAL DATA WALLET SERVICE IS PROVIDED AS IS, WITHOUT WARRANTY AS TO ITS FEATURES, FUNCTIONALITY, PERFORMANCE, OR INTEGRITY. USING THE COMPELLIO DIGITAL DATA WALLET SERVICE MEANS THAT YOU ACCEPT THE PRODUCT “AS IS”, AND WITHOUT OBJECTIONS FOR THE PURPOSE OF ITS USE.
This document aims to establish the terms and conditions under which Compellio, hereinafter referred to as "the Provider," offers Users access to the Compellio Digital Data Wallet Service, hereinafter referred to as the "Service."
The Provider and the Users are collectively referred to as “Parties”.
The User's access and use of the Service, as described in these T&C, signify their acceptance of these General Terms and Conditions of Use. These T&C are applicable to all Users.
Both Parties declare that they have received all necessary information before committing, as provided in these T&C, and through any other documents that may be made available to them.
The Service is provided by the company COMPELLIO SA, a private company, with registration number Bl50297 (RCS), with its registered office at 21 Rue Glesener, L-1631 Luxembourg, Luxembourg.
The COMPELLIO DIGITAL DATA WALLET is a mobile application developed by Compellio SA, available for both iOS and Android devices. You can conveniently download it from Apple's "App Store" and Google's "Play Store."
These General Terms and Conditions serve to establish the contractual relationship between Compellio SA and users concerning access to and utilization of a crypto-asset management service and a decentralized identity service.
Please note that Compellio SA retains the right to make modifications to the service and, consequently, to these General Conditions whenever necessary. Such changes will take effect upon publication or on any specified date. Users will be duly notified of any alterations to the T&Cs. However, it remains the user's responsibility to refer to the most recent version of the T&Cs, which can be accessed at any time on the website: www.compellio.com.
The COMPELLIO DIGITAL DATA WALLET is a non-custodial wallet software meticulously designed for managing Verifiable Credentials and Digital Assets. These Digital Assets encompass cryptocurrencies (coins) and NFTs (Non-Fungible Tokens). As a non-custodial wallet software, users enjoy complete control and responsibility over their personal data, digital assets, and private keys, enabling them to authorize transactions from their wallet address.
The "COMPELLIO DIGITAL DATA WALLET" Application provides Users access to a wide range of Services, which include:
Other parties (verifiers) can initiate identity requests to you through existing peer-to-peer connections. These requests come pre-filled with identity credentials already stored in the app. You have the option to manually update this information if additional relevant identity attributes are available. Upon your active consent to share this information, the selected identity credentials are transmitted to the requesting party.
The responsibility for storing your data lies with the requesting party, and they are accountable for legally compliant data handling. Compellio SA assumes no responsibilities or obligations in this regard. The role of the COMPELLIO DIGITAL DATA WALLET is limited to facilitating the exchange of information among participants. If the requested identity information is not found within the app, you will receive an appropriate error message. The missing identity information must first be provided to you by another participant before the request can be fulfilled.
In cases where you choose not to respond to an identity request, you have the option to reject it. In such instances, no information will be shared with the requesting party.
Upon successful completion of credential requests, you will receive a confirmation message.
To use the COMPELLIO DIGITAL DATA WALLET, you must either import an existing wallet or create a new one. When you create a wallet, you'll receive a Recovery Phrase. It's your responsibility to promptly notify us of any unauthorized use of your Recovery Phrase, private keys, or any other security breaches related to your wallet. You acknowledge and agree that you assume all risks associated with using our services and are solely responsible for maintaining the confidentiality and security of your Recovery Phrase and private keys.
When creating a wallet, we strongly recommend taking precautionary measures to prevent any loss of access or control over your wallet. These precautions may include, but are not limited to:
However, Compellio SA holds no liability for any activities occurring on your wallet, whether authorized by you or not.
Key features and functionalities of the COMPELLIO DIGITAL DATA WALLET include:
COMPELLIO DIGITAL DATA WALLET’s service is underpinned by innovative technologies, including Blockchain and Self-Sovereign Identity (SSI). It empowers users to maintain their digital identity on their smartphones, eliminating the need to store their data on identity provider servers.
User data is securely stored, either encrypted within the wallet or optionally encrypted on a server for recovery purposes. Users maintain exclusive access to their data and have the flexibility to transfer it to third parties for accessing services. Additionally, users are the sole entities authorized to collect data from organizations.
In essence, this wallet serves as an online rendition of the traditional wallet, housing both payment methods and personal information, all within the user's control.
1°) Connection to a Third-party Site or Application from a Computer:
To accomplish this, follow these steps:
2°) Connection to a Third-party Site or Application from a Mobile or Tablet:
If you access the compellio.com site from a mobile or tablet, you will encounter an "open the application" or "download the application" button instead of a QR Code.
Confirmation via Blockchain:
In order for all proposed digital asset transactions to reach their finality, they must undergo confirmation and recording on the associated blockchain. These blockchains operate as decentralized, peer-to-peer networks supported by independent third parties that are neither owned, controlled, nor operated by Compellio SA. It's important to note that COMPELLIO DIGITAL DATA WALLET has no influence or control over these blockchain networks, and therefore, cannot assure that transaction details submitted by users through COMPELLIO DIGITAL DATA WALLET services will always be confirmed and processed promptly. By choosing to use the COMPELLIO DIGITAL DATA WALLET, the user explicitly acknowledges and agrees to the following:
Age Restriction: This service is exclusively available to users aged 18 and above. When the user utilizes the Compellio Wallet to purchase digital assets using their credit or debit card, a third party will convert the chosen amount into the applicable Digital Asset and credit it to the user's wallet. It's important for the user to acknowledge and agree to the following:
For more information regarding third-party services for buying digital assets using the COMPELLIO DIGITAL DATA WALLET, see Wert’s terms and conditions here: https://wert.io/terms-and-conditions
Crypto Services Fees: The use of crypto services within the Compellio app may incur fees and charges for the user, such as transaction fees. These fees are solely the responsibility of the user.
Users may have the capability to store non-fungible tokens (“NFTs”) on COMPELLIO DIGITAL DATA WALLET. By using COMPELLIO DIGITAL DATA WALLET, the user represents and warrants that they either own all legal rights, title, and interest in the content associated with the NFT (“NFT Content”), including all intellectual property rights, or they are legally authorized by the owner of the intellectual property in the NFT Content to store the NFTs on COMPELLIO DIGITAL DATA WALLET.
The user retains all rights to the NFT Content stored, except for the rights expressly granted herein. By using COMPELLIO DIGITAL DATA WALLET, the user grants Compellio SA a license to access, use, host, cache, store, copy, reproduce, transmit, display, publish, distribute, adapt, and modify (for technical purposes, such as ensuring content is viewable on smartphones, computers, and other devices) the NFT Content in any and all media or distribution methods (now known or later developed) solely as required to operate and provide the services of COMPELLIO DIGITAL DATA WALLET. Compellio SA does not actively monitor the NFTs and NFT Content stored on COMPELLIO DIGITAL DATA WALLET for any infringement of a third party’s intellectual property rights.
As such, Compellio SA assumes no liability for any action regarding any content provided by the user. The user further acknowledges and agrees that it is their sole responsibility to conduct all necessary due diligence for all their activities related to NFTs. The user represents and warrants that they have not relied on, and shall have no remedies in respect of, any statement or representation made by Compellio SA in relation to any transfer or interaction with any NFTs.
In the event of a dispute related to the NFTs and/or NFT Content, THE USER RELEASES COMPELLIO SA FROM CLAIMS, DEMANDS, AND DAMAGES OF EVERY KIND AND NATURE, KNOWN AND UNKNOWN, ARISING OUT OF OR IN ANY WAY CONNECTED WITH SUCH DISPUTES. BY ENTERING INTO THIS RELEASE, THE USER EXPRESSLY WAIVES ANY PROTECTIONS (WHETHER STATUTORY OR OTHERWISE) THAT WOULD OTHERWISE LIMIT THE COVERAGE OF THIS RELEASE TO INCLUDE THOSE CLAIMS WHICH THE USER MAY KNOW OR SUSPECT TO EXIST IN THEIR FAVOR AT THE TIME OF AGREEING TO THIS RELEASE.
Service Availability:
Accessing the Service: Users can access the Service by downloading the Application from either the Apple "App Store" or Google "Play Store." Acceptance of these Terms and Conditions is required through a checkbox during the Wallet creation process.
Wallet Initialization: Upon downloading the Application, users must follow the Wallet initialization procedures outlined in the "Conditions of Use" section.
Provider's Efforts:
Eligibility and Scope of Use:
The COMPELLIO DIGITAL DATA WALLET services are designed for both personal and enterprise use. This Agreement is legally binding between the user (“User”, “you”, or “your”) and Compellio SA (“Operator”, “we”, “us”, or “our”). If you are entering into this agreement on behalf of a business, organization, or any other legal entity (“Entity”), you represent that you have the authority to bind such Entity and its affiliates to these terms and conditions. In such cases, “User”, “you”, and “your” shall refer collectively to the individual and the Entity. If you do not possess such authority, or if you do not agree with these terms, you must not accept this agreement and may not access or use the COMPELLIO DIGITAL DATA WALLET services.
By accessing and utilizing the COMPELLIO DIGITAL DATA WALLET services, you acknowledge that you have read, comprehended, and agree to adhere to the terms of this Agreement. You recognize that this Agreement, although electronic and not physically signed by you, constitutes a contract between you and Compellio SA and governs your use of the services.
It is the responsibility of the User, whether an individual or an Entity, to use the COMPELLIO DIGITAL DATA WALLET services in accordance with all applicable laws, regulations, and policies, and to ensure the confidentiality and security of their account and related information.
Wallet Initialization and Terms:
Security: Users are responsible for safeguarding their secret code and promptly reporting any unauthorized use, fraud, or data loss.
Prohibited Actions: Users are prohibited from taking actions that may disrupt the Service or infringe upon the rights and interests of the Provider or other users.
Deletion of Wallet: Users have the option to delete their Wallet at any time via the "Settings" section of the Application, with confirmation required for deletion.
Service Guarantee and Responsibility:
User Obligations:
Prohibited actions:
Provider's Rights and Monitoring:
Definition and Effects:
Provider's Efforts:
Liability Disclaimer: It is explicitly agreed between the Parties that the extraordinary implementation of these interim measures by Compellio SA during a force majeure event will not result in any liability or compensation claim against Compellio SA.
The Provider takes security seriously and strives to protect the Service. However, it's essential to remember that the Internet is not entirely secure. Users are responsible for safeguarding their data by taking necessary precautions, including backups.
The Provider is not liable for computer virus infections or related consequences. Users must ensure the security of their data, files, networks, and hardware. If any service issues or malfunctions occur, users should promptly inform the Provider.
In the event of a security breach, the Provider will notify the user promptly and provide guidance on necessary actions.
To enhance the security of your COMPELLIO DIGITAL DATA WALLET, consider the following best practices:
The Provider complies with the European General Data Protection Regulation (GDPR) and prioritizes the security and confidentiality of user data.
Personal data of users undergo processing by the Provider to deliver the Service, as outlined in the "Object of the Service" section. Processing is based on user consent.
The Provider retains personal data and documents for the duration of Service usage, allowing users to delete them at any time. Personal data related to a user's Wallet and technical data are deleted when the user deletes their Wallet.
The Provider does not sell personal data for commercial or marketing purposes to partners without the user's express consent.
In accordance with the GDPR and the Data Protection Act, users have the right to access, correct, complete, update, or delete their personal data. To exercise these rights, users can contact us via email at hello@compellio.com.
If users encounter difficulties regarding their personal data, they may file a complaint with the Luxembourg National Commission for Data Protection https://cnpd.public.lu/en.html or the relevant supervisory authority.
Data Processing Conditions: The conditions governing the processing of personal data are detailed in Compellio’s privacy and data protection policy, which can be accessed here: Compellio Privacy Policy https://compellio.com/legal/privacy-policy
Using the Service doesn't transfer any intellectual property rights from the Provider to the user. The Provider owns exclusive rights to elements such as trademarks, designs, images, and more, protected by copyright, trademark, patent, and other applicable intellectual property laws.
Reproducing or representing any of these elements without the Provider's explicit permission is prohibited and may result in legal consequences. Users must refrain from actions that could infringe on the Provider's intellectual property rights.
Users have the right to use the Service on a non-exclusive, revocable, non-transferable, and non-assignable basis solely for Service use, with no other purposes allowed.
Users retain full ownership of any intellectual property rights related to the content they store on the COMPELLIO DIGITAL DATA WALLET.
Subcontracting Rights: Compellio SA reserves the right to delegate some or all of the services outlined in these conditions to another subcontracting company of its choice. In such cases, Compellio SA remains solely responsible to the user, with the condition that it may take action against its subcontractors if necessary.
Complaint Procedure: All complaints should be directed to our customer service. The processing of complaints follows the terms and conditions outlined in the Terms and Conditions agreement.
Customer Service can be reached here : hello@compellio.com
Applicable Law: The terms and conditions governing the use of the Service are subject to Luxembourg law, regardless of the user's location.
Dispute Resolution: In case of any dispute arising from the interpretation or execution of these Terms, the parties commit to seeking an amicable resolution.
Disputes Involving Client Services: For disputes related to services subscribed to by the client of the supplier, users are encouraged to directly contact the client's complaint service.
Exclusive Jurisdiction for Professional Users: In the absence of an amicable solution, disputes involving professional users will fall under the exclusive jurisdiction of the Tribunals of Luxembourg (https://gouvernement.lu/en/systeme-politique/cours-tribunaux.html). This applies even in cases involving multiple defendants, warranty claims, emergency procedures, or conservatory procedures in summary or by application.
Jurisdiction for Consumer Users: For consumer users and in the absence of an amicable solution, any dispute arising from the interpretation or execution of these Terms shall be submitted to a jurisdiction as prescribed by the Code of Civil Procedure or to the jurisdiction of the user's residence at the time of accepting the Terms and Conditions or when the harmful act occurred.
Additional Note for USA and Canada Residents: If you reside in the USA or Canada, any dispute or claim related to these terms and conditions or your use of the COMPELLIO DIGITAL DATA WALLET will be resolved through binding arbitration, except for claims that qualify for small claims court. The Federal Arbitration Act and federal arbitration law apply to this agreement. Arbitration will be conducted by the American Arbitration Association (AAA) under its rules, and any dispute resolution will be conducted individually, not as part of a class or consolidated action. You may also bring suit in a California state or federal court to enjoin intellectual property rights misuse. Yoti (USA) Inc and Yoti Limited are beneficiaries of this arbitration clause when you use the age estimation service.
Acceptance of Terms and Conditions: The creation of a Wallet, connection, and use of the Service by the User are contingent upon their express and unconditional acceptance and compliance with these Terms and Conditions.
Acceptance Confirmation: Acceptance of these Terms and Conditions is indicated by a checkbox duly checked by the User, confirming that they have read and agreed to these Terms and Conditions.
Amendment and Violation of Terms:
The Provider has the right to modify these Terms of Use at any time without prior notice to accommodate changes in the Service or its operation.
In such a situation, users must agree to the updated Terms of Use by checking a box under the same conditions outlined in the "Scope of the Terms of Use" section. If a user doesn't agree to the new Terms of Use, they won't be able to continue using the Service.
Users will receive notifications within the COMPELLIO DIGITAL DATA WALLET application regarding any changes or updates to the Terms of Use. It is essential to regularly check for notifications within the app to stay informed about any modifications to the Terms of Use.
Communications between the User and the Provider can be conducted through various electronic means. Therefore, the Provider may send information to the User using electronic and digital methods.
The User acknowledges that records and backups created on the platform will serve as valid evidence between both parties. In the event of a dispute, electronic documents will be legally binding for both parties.
Comprehensive Agreement: These terms and conditions, along with the associated documents they reference, constitute the entire agreement between the User and the Supplier concerning the Service. They supersede all prior or contemporaneous discussions, written or oral commitments, and correspondence. Users are strongly encouraged to either print or save a copy of these terms and conditions for their personal records.
Preference for English Version: In the event that these terms and conditions are translated into one or more languages, the English version shall take precedence in cases of any discrepancy or inconsistency between the translated version(s) and the English version.
