Welcome to yourpayroll-powered financial hub

By using, accessing or browsing Coindrop platform on the website, mobile application, or other related digital medium or media (each and collectively, as “Platform”), you signify that you have read these Terms of Use, and agree to be bound by the same. Upon your use of the Platform, these Terms of Use shall be a binding agreement between you and Business Process Outsourcing International, Inc. (the “Company”). If you do not agree or have reservations with respect to any provision of these Terms of Service, please exit this Platform.

1. Eligibility

This Platform is intended solely for the use of individual, who is registered as an employee of companies/corporations that are partnered with the Company for the use and access of the Platform (“HR Enterprise”), and has the legal capacity to enter into binding agreements. By creating and maintaining an account with this Platform, you represent and warrant that you possess at least one of the foregoing eligibility requirements. You likewise authorize the Company to use all necessary means, to verify your identity with any third party providers of information and/or your HR Enterprise. If any information you provide is untrue, inaccurate, not current, or incomplete, we have the right to cancel your registration, reject any application you have submitted, and restrict your future use of this Site and our products and services. The Company reserves the right to reject any registration and/or decline your use of the Platform in violation of these Terms of Use. Prior to registration and use of this Platform, it is important for you to know that the services can only be provided if you agree to disclose relevant employment and financial information about its users which can be obtained by the Company, in your behalf, from all relevant sources in accordance with your instruction and authorization.

By accepting and clicking on the"Agree"button below, you hereby acknowledge and agree that the collection, storage, processing (including the development of a credit score and user profiling) and disclosure of the above information is necessary and required for the use of the Site and its services. If you do not agree or have reservations with respect to any provision of authorization, as to its scope, coverage or purpose,please exit this Platform.

2. General use of Services and/or access of Platform

You agree to comply with any and all the guidelines, notices, operating rules and policies and instructions pertaining to the use of the Services and/or access to the Platform, as well as any amendments to the aforementioned, issued by us, from time to time. The Company reserves the right to revise these guidelines, notices, operating rules and policies and instructions at any time and you are deemed to be aware of and bound by any changes to the foregoing upon their publication on the Platform.

You agree:

• to access and/or use the Platform only for lawful purposes and in a lawful manner at all times and further agree to conduct any activity relating to the Platform in good faith; and
• to ensure that any information or data you post or cause to appear on the Platform in connection with

You agree and undertake NOT to:

• impersonate any person or entity or to falsely state or otherwise misrepresent your affiliation with any person or entity;
• use the Platform or Services for illegal purposes;
• attempt to gain unauthorized access to or otherwise interfere or disrupt other computer systems or networks connected to the Platform or Services;
• post, promote or transmit through the Platform or Services any Prohibited Materials;
• post or otherwise make available content, or take any action on the Platform, that may constitute libel or slander or that infringes or violates someone else's rights or is protected by any copyright or trademark, or otherwise violates the law;
• post or otherwise make available content that in the Company’s judgment is objectionable, such as content that is harmful, threatening, inflammatory, obscene, fraudulent, invasive of privacy or publicity rights, hateful, or otherwise objectionable, or which restricts or inhibits any other person from using or enjoying the Site, or which may expose the Company or users of the Site to any harm or liability of any type;
• post or otherwise make available any unsolicited or unauthorized advertising, solicitations, promotional materials, or any other form of solicitation;
• post or otherwise make publicly available on the Site any personal or financial information of any third party;
• solicit passwords or personally identifying information for commercial or unlawful purposes;
• interfere with another’s utilization and enjoyment of the Platform or Services;
• use or upload, in any way, any software or material that contains, or which you have reason to suspect that contains, viruses, damaging components, malicious code or harmful components which may impair or corrupt the Platform’s data or damage or interfere with the operation of another user’s computer or mobile device or the Platform or Services;
• harvest or collect email addresses or other contact information of other users from the Site by electronic or other means, including via the use automated scripts;
• use the Platform or Services other than in conformance with the acceptable use policies of any connected computer networks, any applicable Internet standards and any other applicable laws.

The Company may, from time to time and without giving any reason or prior notice, upgrade, modify, suspend or discontinue the provision of or remove, whether in whole or in part, the Platform or any Services and shall not be liable if any such upgrade, modification, suspension or removal prevents you from accessing the Platform or any part of the Services.

The Company reserves the right, but shall not be obliged to:

• monitor, screen or otherwise control any activity, content or material on the Platform and/or through the Services. The Company may, in its sole and absolute discretion, investigate any violation of the terms contained herein and may take any action it deems appropriate;
• prevent or restrict access of any user to the Platform and/or the Services;
• report any activity it suspects to be in violation of any applicable law, statute or regulation to the appropriate authorities and to co-operate with such authorities; and/or
• to request any information and data from you in connection with your use of the Services and/or access of the Platform at any time and to exercise our right under this paragraph if you refuse to divulge such information and/or data or if you provide or if we have reasonable grounds to suspect that you have provided inaccurate, misleading or fraudulent information and/or data.

You agree and acknowledge that any use of the Services and/or any access to the Platform and any information, data or communications referable to your Username and Password shall be deemed to be, as the case may be:

• access to the relevant Platform and/or use of the Services by you; or
• information, data or communications posted, transmitted and validly issued by you.

You agree to be bound by any access of the Platform and/or use of any Services (whether such access or use are authorized by you or not) and you agree that we shall be entitled (but not obliged) to act upon, rely on or hold you solely responsible and liable in respect thereof as if the same were carried out or transmitted by you. You further agree and acknowledge that you shall be bound by and agree to fully indemnify us against any and all Losses attributable to any use of any Services and/or or access to the Platform referable to your Username and Password.

3. Privacy

You agree that the following personal information (hereinafter referred to as “Personal Information”):

• Username and password
• Full name, permanent and residential address, contact number/s, email address, birth date and/or age, city of birth, marital status, employment, payroll and payroll account information, financial account information, such as bank account details, credit card , financial history and details of government-issued ID;
• other information from which your identity may not be apparent or which may not reasonably and directly identify you, such as, but not limited to, records of site visits and information submitted when using the Platform;
• information from information controller and/or third parties, in each case with the consent and authority from you;
• financial products you checked and/or availed of from the financial services providers listed in the Platform;
• traffic and usage information generated from your visits and use to the Platform;
• transaction data, such as details about orders and payments to and from you, and other details of products and Services that you have purchased or obtained through the Platform;
• the Personal Information may be collected through the following means: cookies, flash cookies, general log information, your browsing behavior, searches and transactions and referral information from third-party websites. This may include information about your internet service provider, your operating system, browser type, domain name, internet protocol (IP) address, your access times, the website that referred you to the Platform, the web pages you requested, date and time of those requests.

to be provided (from you or in your behalf by your HR Enterprise) upon your registration in this Site or upon your application to avail any of the products and services shall be collected, used, processed, disclosed, retained, stored, and protected by the Company in accordance with our Privacy Policy which forms part of the terms and conditions of this Platform.

By accepting the terms and conditions set forth in the Platform, the same constitutes your express consent in accordance with Republic Act No. 10173, otherwise referred to as the Data Privacy Act or 2012 and its Implementing Rules and Regulations (promulgated 24 August 2016) as well as other applicable confidentiality and data privacy laws of the Philippines.

You agree to hold the Company, its officers, directors and stockholders, free and harmless from any and all liabilities, damages, actions, claims, and suits in connection with the implementation or processing of Personal Information in relation to your consent or authorization under these Terms of Use.

4. User Content

By submitting content to the Platform, you expressly agree to the following:

• You retain all ownership rights to the content you have uploaded on the Platform.
• You hereby grant the Company a non-exclusive, transferable, sub-licensable, royalty-free, world license to use, reproduce, distribute, prepare derivative works of, display, and perform any information or content that you provide in connection with your use of the Platform and its services, subject to the privacy provisions in these Terms of Use. You grant the Company the right to review, delete, edit, modify, reformat, excerpt, or translate any of your information or content.
• You are solely responsible for the content and information you make available through or in connection with our products and services. The Company will not be liable for any use or misuse of your personal data by others.
• All the information and content posted on the Platform or privately transmitted through the it or via other means in connection with the it’s services are the sole responsibility of the person from which that content originated. The Company will not be responsible for any errors in or omission of any information or content posted by a user.
• The Company may access and use the information recorded by credit reference and fraud prevention agencies for the purposes of assessing lending risks and identifying, preventing, detecting or tackling fraud, money laundering and other crimes.

5. Responsibility for Account

You are solely responsible for maintaining the confidentiality of your username, password, account and any other login or authentication and validation information you created or provided to the Platform (“Credentials”). By creating and maintaining your account, you agree to honor all activities performed and obligations contracted using your account.

You agree and confirm that any use of your account, login or authentication information shall at all times be presumed to be access by you and if by a third party with your consent and authority. Any and all activities or transactions using your Credentials shall be valid and binding transactions created, committed and performed by you.

If there is an unauthorized use of your account or a breach of its security, you hereby undertake to notify the Company of the relevant circumstances immediately.

6. Liability for Account Misuse

The Company will not be liable for any loss that you may incur as a result of someone else using your password or account, either with or without your knowledge. You could be held liable for losses incurred by the Company due to a third party using your account or password.

7. Account Security

While the Company has performed adequate safeguards as required under the Data Privacy Act of 2012, the Company does not guarantee that unauthorized third parties will never be able to defeat the Platform’s security measures or use any personal information you provide to us for improper purposes. You acknowledge that you provide your Personal Information at your own risk.

8. Intellectual property

The Intellectual Property in and to the Platform and the Materials are owned, licensed to or controlled by the Company, our licensors or our FSP’s. The Company reserves the right to enforce its Intellectual Property to the fullest extent of the law.

No part or parts of the Platform, or any Materials may be reproduced, reverse engineered, decompiled, disassembled, separated, altered, distributed, republished, displayed, broadcast, hyperlinked, mirrored, framed, transferred or transmitted in any manner or by any means or stored in an information retrieval system or installed on any servers, system or equipment without our prior written permission or that of the relevant copyright owners.

The Trademarks are registered and unregistered trademarks of the Company or third parties. Nothing on the Platform and in these Terms of Use shall be construed as granting, by implication, estoppel, or otherwise, any license or right to use (including as a meta tag or as a “hot” link to any other website) any Trademarks displayed on the Services, without its written permission or any other applicable trademark owner.

9. No Warranty; Errors; limitation of responsibility

The products and services on the Platform are provided and offered by the Financial Service Providers (“FSP”) which have partnered with the Company for the use and access of the Platform. The Company offers no representation or warranty over the products offered by these FSP, save on those representations and/or warranties that these FSP may provide themselves over their respective products which are available in the Platform, in which the Company is not a part of To the fullest extent permissible under applicable law, the Company disclaims all such warranties, express or implied, including, but not limited to, warranties of merchantability, fitness for a particular purpose, non-infringement, accuracy, freedom from errors, suitability of content, or availability.

The Company does not warrant the accuracy, timeliness, commercial value, adequacy or completeness of the information provided on Platform by the FSP, and expressly disclaims liability for any errors or omissions in such information. The Company does not guarantee and promise any specific results from use of the Platform and its products and services. The Company does not warrant that the Platform, the Services will be provided uninterrupted, secure or free from errors or omissions, or that any identified defect will be corrected; and that the Platform is free from any computer virus or other malicious, destructive or corrupting code, agent, program or macros. Further, it does not warrant that the security of any information transmitted by you or to you through the Platform, and you accept the risk that any information transmitted or received through the Services or the Platform may be accessed by unauthorized third parties and/or disclosed by us or our officers, employees or agents to third parties purporting to be you or purporting to act under your authority. Transmissions over the Internet and electronic mail may be subject to interruption, transmission blackout, delayed transmission due to internet traffic or incorrect data transmission due to the public nature of the Internet.

The Company shall not be responsible for what users post on the Platform or any offensive, inappropriate, obscene, unlawful or otherwise objectionable content uploaded by other users on the Platform. The Company is not responsible for the conduct, whether online or offline, of any user of the Platform or its products or services.

The Company shall not be liable to you for any Losses whatsoever or howsoever caused (regardless of the form of action) arising directly or indirectly in connection with:

• any access, use and/or inability to use the Platform or the Services;
• denial/disapproval of the product/s to be availed of;
• reliance on any data or information made available through the Platform and/or through the Services. You should not act on such data or information without first independently verifying its contents;
• any system, server or connection failure, error, omission, interruption, delay in transmission, computer virus or other malicious, destructive or corrupting code, agent program or macros; and
• any use of or access to any other website or webpage linked to the Platform, even if we or our officers or agents or employees may have been advised of, or otherwise might have anticipated, the possibility of the same.

10. Links

The Company is not responsible for the accuracy of the information, content, products or services offered by, or the information practices employed by sites linked to or from the Platform by the FSPs. Since FSPs or third party websites may have different privacy policies and/or security standards governing their sites, the Company advises you to review the privacy policies and terms and conditions of these sites prior to providing any personal information.

11. Termination

The Company may terminate or suspend your access to or ability to use the Platform immediately, without prior notice or liability, for any reason or no reason, including breach of these Terms of Use.

Termination of your access to and use of the Platform shall not relieve you of any obligations arising or accruing prior to termination or limit any liability that you otherwise may have to the Company or any third party.

12. Limitation of Liability

To the fullest extent permitted by applicable law, in no event shall the Company be liable for any direct, special, indirect or consequential damages, or any other damages of any kind, including but not limited to loss of use, loss of profits or loss of data, whether in an action in contract, tort (including but not limited to negligence) or otherwise, arising out of or in any way connected with the use of or inability to use the Platform, including without limitation any damages caused by or resulting from reliance by user on any information obtained from Platform, or that result from mistakes, omissions, interruptions, deletion of files or email, errors, defects, viruses, delays in operation or transmission or any failure of performance.

The Company shall not be liable to you for any loss or damage which you may suffer as a result of being a member of the Platform, except where such loss or damage arises from our breach of these Terms of Use or was caused by gross negligence, willful default or fraud by the Company or employees. The Company shall also not be responsible for any breach of these Terms of Use arising from circumstances outside our reasonable control.

13. Liability for Breach

To the fullest extent permitted by applicable law, in no event shall the Company be liable for any direct, special, indirect or consequential damages, or any other damages of any kind, including but not limited to loss of use, loss of profits or loss of data, whether in an action in contract, tort (including but not limited to negligence) or otherwise, arising out of or in any way connected with the use of or inability to use the Platform, including without limitation any damages caused by or resulting from reliance by user on any information obtained from Platform, or that result from mistakes, omissions, interruptions, deletion of files or email, errors, defects, viruses, delays in operation or transmission or any failure of performance

The Company shall not be liable to you for any loss or damage which you may suffer as a result of being a member of the Platform, except where such loss or damage arises from our breach of these Terms of Use or was caused by gross negligence, willful default or fraud by the Company or employees. The Company shall also not be responsible for any breach of these Terms of Use arising from circumstances outside our reasonable control.

14. Changes to Terms of Service

The Company may change these Terms of Use (“Updated Terms”) from time to time. Unless the changes in the Terms of Service are for legal or administrative reasons, the Company will provide reasonable advance notice before the Updated Terms become effective by posting the updated Terms on the Platform.

Your use of the Platform after the effective date of the updated Terms constitutes your agreement to the Updated Terms. You should review these Terms of Use and any Updated Terms before using the Platform.

15. Termination

In its sole and absolute discretion, the Company may with immediate effect terminate your use of the Platform and/or Services and/or disable your Username and Password. The Company may bar access to the Platform and/or Services (or any part thereof) for any reason whatsoever, including a breach of any of these Terms of Use or where if it believes that you have violated or acted inconsistently with any terms or conditions set out herein, or if in its opinion or the opinion of any regulatory authority, it is not suitable to continue providing the services relating to the Platform.

You may terminate these Terms of Use by giving ten (10) days’ notice in writing to us

16. Notices

All notices or other communications given to you if:

• communicated through any print or electronic media as it may select will be deemed to be notified to you on the date of publication or broadcast; or
• sent by post or left at your last known address will be deemed to be received by you on the day following such posting or on the day when it was so left.

You may only give notice to the Company in writing sent to our designated address or e-mail address, and it shall be deemed to have received such notice only upon receipt. While it endeavors to respond promptly to notices from you, it cannot guarantee that we will always respond with consistent speed.

17. General

• Cumulative rights and remedies: Unless otherwise provided under these Terms of Use, the provisions of these Terms of Use and our rights and remedies under these Terms of Use are cumulative and are without prejudice and in addition to any rights or remedies we may have in law or in equity, and no exercise by us of any one right or remedy under these Terms of Use, or at law or in equity, shall (save to the extent, if any, provided expressly in these Terms of Use or at law or in equity) operate so as to hinder or prevent our exercise of any other such right or remedy as at law or in equity.
• No waiver: Our failure to enforce these Terms of Use shall not constitute a waiver of these terms, and such failure shall not affect the right later to enforce these Terms of Use. The Company would still be entitled to use its rights and remedies in any other situation where you breach these Terms of Use.
• Severability: If at any time any provision of these Terms of Use shall be or shall become illegal, invalid or unenforceable in any respect, the legality, validity and enforceability of the remaining provisions of this Agreement shall not be affected or impaired thereby, and shall continue in force as if such illegal, invalid or unenforceable provision was severed from these Terms of Use.
• Rights of third parties: A person or entity who is not a party to these Terms of Use shall have no right under any legislation in any jurisdiction to enforce any term of these Terms of Use, regardless of whether such person or entity has been identified by name, as a member of a class or as answering a particular description. For the avoidance of doubt, nothing in this Clause shall affect the rights of any permitted assignee or transferee of these Terms of Use.
• Governing law: Use of the Platform and/or the Services and these Terms of Use shall be governed by and construed in accordance with Philippine law. If any dispute arises in connection with these Terms of Use, the Parties shall attempt, in fair dealing and in good faith, to settle such dispute. If the Parties are not able to reach an amicable settlement pursuant to the preceding section they shall try to agree on an appropriate ADR proceeding (for example mediation, conciliation, expert determination, dispute board, adjudication). If they do not reach agreement on the appropriate ADR proceeding within 14 days after failure of the settlement negotiations or if the dispute is not settled through an ADR proceeding within a period of two months after initiation of the ADR preceding, each Party may initiate an arbitration proceeding pursuant to the following paragraph.

  All disputes arising out of or in connection with the present contract, including any question regarding its existence, validity or termination, shall be finally settled in accordance with the rules of the Philippine Dispute Resolution Center, Inc. (“PDRCI”) for the time being in force, which rules are deemed incorporated by reference into this clause. The arbitral tribunal shall consist of three arbitrators to be chosen in accordance with the rules of the PDRCI. The seat of arbitration shall be the Philippines. The procedural law of this seat applicable to commercial arbitration proceedings shall apply where the Rules are silent. The language to be used in the arbitration proceedings shall be English.

• Injunctive relief: The Company may seek immediate injunctive relief if it makes a good faith determination that a breach or non-performance is such that a temporary restraining order or other immediate injunctive relief is the only appropriate or adequate remedy.
• Amendments: It may by notice through the Platform or by such other method of notification as it may designate (which may include notification by way of e-mail), vary the terms and conditions of these Terms of Use, such variation to take effect on the date it specifies through the above means. If you use the Platform or the Services after such date, you are deemed to have accepted such variation. If you do not accept the variation, you must stop access or using the Platform and the Services and terminate these Terms of Use. The Company’s right to vary these Terms of Use in the manner aforesaid will be exercised with may be exercised without the consent of any person or entity who is not a party to these Terms of Use.
• Correction of errors: Any typographical, clerical or other error or omission in any acceptance, invoice or other document on its part shall be subject to correction without any liability on its part.
• Currency: Money references under these Terms of Use shall be in Philippines Peso.
• Language: In the event that these Terms of Use is executed or translated in any language other than English (“Foreign Language Version”), the English language version of these Terms of Use shall govern and shall take precedence over the Foreign Language Version.
• Entire agreement: These Terms of Use shall constitute the entire agreement between you and the Company relating to the subject matter hereof and supersedes and replaces in full all prior understandings, communications and agreements with respect to the subject matter hereof.
• Binding and conclusive: You acknowledge and agree that any records (including records of any telephone conversations relating to the Services, if any) maintained by the Company or its service providers, and FSPs relating to or in connection with the Platform and Services shall be binding and conclusive on you for all purposes whatsoever and shall be conclusive evidence of any information and/or data transmitted between us and you. You hereby agree that all such records are admissible in evidence and that you shall not challenge or dispute the admissibility, reliability, accuracy or the authenticity of such records merely on the basis that such records are in electronic form or are the output of a computer system, and you hereby waive any of your rights, if any, to so object.
• Sub-contracting and delegation: The Company reserves the right to delegate or sub-contract the performance of any of its functions in connection with the Platform and/or Services and reserve the right to use any service providers, subcontractors and/or agents on such terms as its deems appropriate.
• Assignment: You may not assign your rights under these Terms of Use without our prior written consent. It may assign our rights under these Terms of Use to any third party.
• Force Majeure: It shall not be liable for non-performance, error, interruption or delay in the performance of its obligations under these Terms of Use (or any part thereof) or for any inaccuracy, unreliability or unsuitability of the Platform's and/or Services’ contents if this is due, in whole or in part, directly or indirectly to an event or failure which is beyond our reasonable control.

ACCEPTANCE

I confirm having read and understood and agree to the foregoing Terms of Use.