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Terms of Service

Last updated: March 18, 2026

Please read these Terms of Service ("Terms") carefully before using HydraCash. By creating an account or using any part of the HydraCash application ("App"), you agree to be bound by these Terms. If you do not agree, do not use HydraCash.

1. Service Description

HydraCash is a mobile financial services application that enables users to:

  • Send and receive peer-to-peer (P2P) payments
  • Split bills using AI-powered receipt scanning
  • Use a virtual Visa debit card for purchases
  • Make and receive QR code payments
  • Track spending through analytics and insights
  • Earn and redeem rewards

HydraCash is not a bank. Payment processing, card issuance, and fund storage are provided by our financial partners, including Stripe, Inc. and their banking partners. Funds held in your HydraCash account are not FDIC insured unless explicitly stated otherwise by our banking partners.

2. Eligibility

To use HydraCash, you must:

  • Be at least 18 years of age
  • Be a legal resident of the United States
  • Have a valid U.S. phone number
  • Provide accurate identity information for verification
  • Not have been previously suspended or removed from HydraCash

By using HydraCash, you represent and warrant that you meet all eligibility requirements. We reserve the right to verify your identity and refuse service at our sole discretion.

3. Account Registration and Security

3.1 Account Creation

You must register with a valid phone number and complete identity verification as required by applicable law. You agree to provide accurate, current, and complete information during registration and to update such information to keep it accurate.

3.2 Account Security

You are responsible for:

  • Maintaining the confidentiality of your account credentials
  • All activity that occurs under your account
  • Promptly notifying us of any unauthorized access or security breach at support@hydracash.app

We strongly recommend enabling biometric authentication (Face ID / Touch ID) for additional security. We are not liable for losses arising from unauthorized account access resulting from your failure to safeguard your credentials.

3.3 One Account Per Person

Each individual may maintain only one HydraCash account. Creating multiple accounts may result in suspension or termination of all associated accounts.

4. Payments and Transactions

4.1 Sending Money

When you send money through HydraCash, you authorize us to debit the specified amount from your linked funding source and credit the recipient. Transactions are processed in real-time and are generally irreversible once completed.

4.2 Receiving Money

Funds received are credited to your HydraCash balance. You may transfer your balance to a linked bank account, subject to processing times and applicable limits.

4.3 Virtual Card

Your HydraCash virtual card is issued by our banking partner through Stripe. Use of the virtual card is subject to the card network's terms and any additional terms provided by the card issuer. You agree to use the card only for lawful purchases.

4.4 Bill Splitting

The AI-powered bill splitting feature provides estimated allocations based on receipt analysis. You are responsible for reviewing and confirming all split amounts before sending payment requests. HydraCash is not liable for errors in AI-generated split calculations.

4.5 Transaction Limits

The following limits apply to standard accounts:

  • Daily send limit: $2,500
  • Weekly send limit: $10,000
  • Per-transaction limit: $2,500
  • Daily virtual card limit: $5,000

Premium subscribers may have higher limits. We reserve the right to adjust limits at any time for security or compliance reasons.

5. Fees

5.1 Standard Services (Free)

  • P2P payments between HydraCash users
  • Virtual card issuance and usage
  • QR code payments
  • Bill splitting
  • Basic analytics

5.2 Premium Subscription — $4.99/month

  • Higher transaction limits
  • Priority customer support
  • Advanced analytics and insights
  • Exclusive rewards and cashback tiers
  • Early access to new features

5.3 Other Fees

  • Instant bank transfer: 1.5% of the transfer amount (minimum $0.25)
  • Standard bank transfer: Free (1–3 business days)
  • Chargebacks resulting from your actions: $15.00

We will notify you of any fee changes at least 30 days in advance. Updated fee schedules will be posted in the App and on our website.

6. Rewards Program

6.1 Hydra Points

You earn Hydra Points through qualifying transactions and activities as described in the App. Points have no cash value and cannot be transferred between accounts.

6.2 Redemption

Points may be redeemed for cashback, gift cards, or premium features as available. Redemption options and values are subject to change.

6.3 Expiration

Hydra Points expire 12 months after being earned if not redeemed. Points balances are forfeited upon account termination.

6.4 Abuse

We reserve the right to void points earned through fraudulent, abusive, or manipulative activity, including but not limited to circular transactions designed to accumulate points.

7. Prohibited Activities

You agree not to use HydraCash to:

  • Violate any applicable federal, state, or local law or regulation
  • Engage in money laundering, terrorist financing, or other financial crimes
  • Process transactions for illegal goods or services
  • Engage in fraud, identity theft, or impersonation
  • Circumvent transaction limits or security measures
  • Create fake accounts or use another person's account without authorization
  • Reverse-engineer, decompile, or disassemble the App
  • Use automated systems, bots, or scripts to interact with the App
  • Interfere with the App's infrastructure or other users' access
  • Harass, threaten, or harm other users
  • Use the App for commercial purposes not authorized by us
  • Exploit bugs or vulnerabilities instead of reporting them

Violation of these terms may result in immediate account suspension or termination, forfeiture of funds pending investigation, and referral to law enforcement.

8. Intellectual Property

The HydraCash name, logo, designs, and all content within the App are owned by us or our licensors and are protected by copyright, trademark, and other intellectual property laws. You may not copy, modify, distribute, or create derivative works based on our intellectual property without prior written consent.

9. Privacy

Your use of HydraCash is subject to our Privacy Policy. By using HydraCash, you consent to the collection and use of your information as described in the Privacy Policy.

10. Disclaimers

The App is provided "as is" and "as available" without warranties of any kind, whether express, implied, or statutory. We disclaim all warranties, including but not limited to implied warranties of merchantability, fitness for a particular purpose, and non-infringement.

We do not warrant that:

  • The App will be uninterrupted, timely, secure, or error-free
  • Transaction processing will always be successful
  • AI-generated bill splits will be perfectly accurate
  • The App will be compatible with all devices or operating systems

11. Limitation of Liability

To the maximum extent permitted by law, HydraCash shall not be liable for any indirect, incidental, special, consequential, or punitive damages, including but not limited to loss of profits, data, or goodwill, arising from:

  • Your use of or inability to use the App
  • Unauthorized access to your account
  • Errors in transaction processing
  • Third-party service provider failures
  • Any content or conduct of other users

Our total aggregate liability for all claims arising from or relating to these Terms or your use of HydraCash shall not exceed the greater of (a) the fees you paid to us in the 12 months preceding the claim, or (b) $100.

12. Indemnification

You agree to indemnify, defend, and hold harmless HydraCash, its officers, directors, employees, and agents from and against any claims, liabilities, damages, losses, and expenses (including reasonable attorneys' fees) arising from:

  • Your use of the App
  • Your violation of these Terms
  • Your violation of any third-party rights
  • Any content you submit or transmit through the App

13. Dispute Resolution

13.1 Informal Resolution

Before filing any formal claim, you agree to contact us at legal@hydracash.app and attempt to resolve the dispute informally for at least 30 days.

13.2 Binding Arbitration

Any dispute that cannot be resolved informally shall be resolved by binding arbitration administered by the American Arbitration Association (AAA) under its Consumer Arbitration Rules. Arbitration will be conducted in Philadelphia, Pennsylvania, or remotely at your election.

13.3 Class Action Waiver

You agree that any dispute resolution proceedings will be conducted only on an individual basis and not in a class, consolidated, or representative action. If this waiver is found unenforceable, the entire arbitration agreement shall be void.

13.4 Exceptions

Either party may seek injunctive relief in a court of competent jurisdiction to prevent irreparable harm pending arbitration. Claims within small claims court jurisdiction may be filed in small claims court.

13.5 Governing Law

These Terms are governed by the laws of the Commonwealth of Pennsylvania, without regard to conflict of law principles.

14. Termination

14.1 By You

You may close your account at any time through the App settings or by contacting support@hydracash.app. Upon closure:

  • Your remaining balance will be transferred to your linked bank account
  • Unredeemed Hydra Points will be forfeited
  • Your data will be retained as described in our Privacy Policy

14.2 By Us

We may suspend or terminate your account at any time, with or without notice, for any reason, including but not limited to:

  • Violation of these Terms
  • Suspected fraudulent or illegal activity
  • Regulatory requirements
  • Extended period of inactivity (12+ months with zero balance)

If we terminate your account without cause, we will provide reasonable notice and facilitate the transfer of your remaining balance. If terminated for cause, we may hold funds pending investigation as required by law.

15. Modifications to Terms

We may modify these Terms at any time. Material changes will be communicated through:

  • In-app notification at least 30 days before the effective date
  • Updated "Last Updated" date on this page

Your continued use of HydraCash after the effective date of any changes constitutes acceptance of the modified Terms. If you do not agree to the changes, you must stop using HydraCash and close your account.

16. General Provisions

  • Entire Agreement: These Terms, together with the Privacy Policy, constitute the entire agreement between you and HydraCash.
  • Severability: If any provision is found unenforceable, the remaining provisions remain in full effect.
  • Waiver: Our failure to enforce any right or provision does not constitute a waiver of that right.
  • Assignment: You may not assign your rights under these Terms. We may assign our rights without restriction.
  • Force Majeure: We are not liable for delays or failures caused by events beyond our reasonable control.

17. Contact Us

If you have questions about these Terms, please contact us:

  • Email: legal@hydracash.app
  • Support: support@hydracash.app
  • Mailing Address: HydraCash, Philadelphia, PA, United States