TERMS OF SERVICE

Last Updated: 01 March 2026

1. Agreement to Terms

By accessing or using Staxx ("we," "us," or "our"), you agree to be bound by these Terms of Service ("Terms"). If you do not agree to these Terms, you may not use our services.

Apex provides a prize money advance service for competitive esports players. You ("Player," "you," or "your") may request an advance on verified tournament winnings, which you agree to repay when the tournament organizer pays you.

2. Eligibility

To use Staxx, you must:

  • Be at least 18 years old (or the age of majority in your jurisdiction)
  • Have won a verified prize from a competitive esports tournament
  • Provide accurate information during the application process
  • Have a valid bank account in a supported country
  • Not be prohibited from using our services under applicable law

3. How Staxx Works

3.1 Application Process

You submit your tournament win details, including:

  • Tournament name and date
  • Your placement and prize amount
  • Proof of participation (screenshots, links, etc.)

3.2 Verification

We verify your win through publicly available sources including Liquipedia, HLTV, official tournament pages, or by contacting tournament organizers directly. Verification typically takes up to 24 hours.

3.3 Advance Amount

Upon approval, you will receive 80-85% of your verified prize amount. The remaining 15-20% is held back and returned to you when you repay the advance.

3.4 Delivery

Standard Delivery: 48-72 hours (no fee)

Express Delivery: Same day (fees apply based on prize amount)

3.5 Repayment

When the tournament organizer pays you:

  • You must notify Staxx immediately
  • You authorize Staxx to collect the advance amount via direct debit from your connected bank account
  • You receive the remaining 15-20% that was held back
  • You may choose to tip Staxx voluntarily (from £0 to the suggested maximum)

4. Your Responsibilities

You agree to:

  • Provide accurate and truthful information
  • Notify us immediately when you receive payment from the tournament organizer
  • Authorize automatic repayment via direct debit when you receive your prize
  • Repay the advance regardless of whether the tournament organizer pays you
  • Not use our services for fraudulent purposes

5. Repayment Obligations

5.1 Your Obligation

You are responsible for repaying the advance amount regardless of whether the tournament organizer pays you. This is a critical term: even if the TO delays payment, fails to pay, or goes bankrupt, you remain obligated to repay Staxx.

5.2 Automatic Collection

By accepting an advance, you authorize Staxx to:

  • Monitor your connected bank account for incoming tournament payments
  • Automatically debit the advance amount when you receive your prize
  • Collect payment via the direct debit mandate you provided

5.3 Payment Plans

If the tournament organizer fails to pay you, contact us immediately. We may offer flexible payment plans on a case-by-case basis, but this is at our sole discretion and does not eliminate your obligation to repay.

5.4 Late Payment

If you fail to repay the advance when due, we reserve the right to:

  • Suspend your access to future advances
  • Pursue collection through legal means
  • Report non-payment to relevant authorities

6. Fees and Pricing

6.1 Standard Delivery

Standard delivery (48-72 hours) is free of charge.

6.2 Express Delivery

Express delivery (same day) incurs the following fees:

  • Under £1,000: £4.99
  • £1,000-£5,000: £9.99
  • £5,000-£20,000: £14.99
  • Over £20,000: £19.99

Express fees are charged upfront and are non-refundable.

6.3 Voluntary Tips

After repaying your advance, you may voluntarily tip Staxx any amount from £0 to the suggested maximum (typically 7-10% of the prize amount). Tips are entirely optional.

6.4 No Hidden Fees

We do not charge interest, credit check fees, or hidden costs. The only fees are express delivery fees (if selected) and any voluntary tips you choose to provide.

7. Tournament Organizer Risk

7.1 Our Risk, Your Responsibility

Apex assumes the risk that tournament organizers may delay or fail to pay. However, you remain responsible for repaying the advance regardless of TO payment status.

7.2 Verification Standards

We only provide advances for tournaments that meet our verification standards. However, we do not guarantee that any tournament organizer will pay their obligations.

7.3 No Recourse

If a tournament organizer fails to pay, you cannot offset this against your repayment obligation to Apex. Your obligation to Apex is independent of the TO's obligation to you.

8. Bank Account Authorization

By using Apex, you authorize us to:

  • Link your bank account via third-party providers (e.g., Plaid, TrueLayer)
  • Monitor account activity to detect incoming tournament payments
  • Execute direct debits to collect the advance amount when you receive your prize
  • Store your banking information securely in compliance with data protection laws

You may revoke this authorization, but doing so will be considered a breach of these Terms and may result in immediate collection proceedings.

9. Verification and Fraud Prevention

9.1 Right to Verify

We reserve the right to:

  • Request additional proof of your tournament win
  • Contact tournament organizers directly
  • Verify your identity and bank account ownership
  • Decline any application at our sole discretion

9.2 False Information

Providing false or misleading information is grounds for:

  • Immediate termination of service
  • Demand for immediate repayment
  • Reporting to law enforcement
  • Legal action for fraud

10. Prohibited Uses

You may not use Staxx to:

  • Submit false or fraudulent tournament wins
  • Apply for advances on prizes you are not entitled to receive
  • Attempt to receive multiple advances for the same prize
  • Use the service if you are under 18
  • Violate any applicable laws or regulations
  • Interfere with the operation of our platform

11. Intellectual Property

All content on the Staxx platform, including logos, text, graphics, and software, is the property of Staxx or its licensors and is protected by copyright, trademark, and other intellectual property laws.

You may not:

  • Copy, modify, or distribute our content without permission
  • Use our trademarks or branding without authorization
  • Reverse engineer or decompile our software

12. Privacy and Data Protection

We collect and process your personal information in accordance with our Privacy Policy. By using Staxx, you consent to our collection, use, and sharing of your information as described in the Privacy Policy.

We use your data to:

  • Verify tournament wins
  • Process advances and payments
  • Detect fraud and ensure security
  • Improve our services

13. Disclaimers

13.1 Service Availability

Staxx is provided "as is" and "as available." We do not guarantee uninterrupted or error-free service.

13.2 No Financial Advice

Staxx does not provide financial, legal, or tax advice. You are responsible for understanding the tax implications of receiving advances and tips.

13.3 Tournament Organizer Reliability

We do not guarantee that any tournament organizer will pay prize money as promised. While we attempt to verify TO reliability, we cannot control their actions.

13.4 Third-Party Services

We use third-party services (banking, verification, etc.) and are not responsible for their failures or errors.

14. Limitation of Liability

To the maximum extent permitted by law:

Apex shall not be liable for:

  • Indirect, incidental, or consequential damages
  • Lost profits or revenue
  • Tournament organizer failures to pay
  • Delays in verification or payment processing
  • Errors or interruptions in service
  • Unauthorized access to your account

Our total liability to you for any claim shall not exceed the amount of the advance you received.

15. Indemnification

You agree to indemnify and hold harmless Apex, its officers, employees, and agents from any claims, damages, losses, or expenses (including legal fees) arising from:

  • Your breach of these Terms
  • Your violation of any law or third-party rights
  • Fraudulent or false information you provide
  • Your failure to repay an advance

16. Dispute Resolution

16.1 Governing Law

These Terms are governed by the laws of England and Wales.

16.2 Arbitration

Any disputes arising from these Terms shall be resolved through binding arbitration rather than in court, except where prohibited by law.

You agree to resolve disputes on an individual basis only and waive any right to participate in class action lawsuits.

17. Changes to Terms

We may modify these Terms at any time by posting updated Terms on our website. Continued use of Staxx after changes constitutes acceptance of the new Terms.

Material changes (e.g., changes to repayment obligations or fees) will be communicated via email at least 30 days before they take effect.

18. Termination

18.1 Your Right to Terminate

You may stop using Staxx at any time, but you remain obligated to repay any outstanding advances.

18.2 Our Right to Terminate

We may suspend or terminate your access to Apex immediately if:

  • You breach these Terms
  • We suspect fraud or misuse
  • You fail to repay an advance
  • Required by law

18.3 Effect of Termination

Upon termination:

  • You must immediately repay all outstanding advances
  • We may retain your data as required by law
  • Sections of these Terms that should survive (repayment obligations, liability limitations, etc.) will remain in effect

19. Miscellaneous

19.1 Entire Agreement

These Terms, along with our Privacy Policy, constitute the entire agreement between you and Apex.

19.2 Severability

If any provision of these Terms is found unenforceable, the remaining provisions remain in full effect.

19.3 No Waiver

Our failure to enforce any right or provision does not constitute a waiver of that right.

19.4 Assignment

You may not assign these Terms without our consent. We may assign our rights to any successor or affiliate.

19.5 Force Majeure

We are not liable for delays or failures caused by events beyond our reasonable control.

20. Contact Us

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

Email: hello@earnstaxx.com

Address: 124 City Road, London, EC1V 2NX

Acceptance

By clicking "I Agree" or by using Staxx services, you acknowledge that you have read, understood, and agree to be bound by these Terms of Service.