Terms of use / Privacy

BuddyShare – Terms of Use

Last Updated: November 6, 2026

Welcome to BuddyShare!

BuddyShare is an application designed to help users manage expenses and intelligently split shared costs among members participating in events, trips, gatherings, and other group activities.

The application allows users to create and manage events, invite participants, record expenses, track individual contributions, calculate shared costs, and monitor outstanding balances between members. BuddyShare aims to make shared expense management more transparent, convenient, and efficient.

These Terms of Use (“Terms”) govern your access to and use of BuddyShare (the “Application” or “Service”), including its website and mobile applications available on supported platforms.

By registering an account, logging in, or using BuddyShare, you acknowledge that you have read, understood, and agreed to comply with these Terms. If you do not agree with these Terms, please discontinue using the Service.

1. Eligibility

You must meet the minimum age requirements under applicable laws to use BuddyShare.

If you are under the legally required age, your use of the Application must be approved and supervised by a parent, legal guardian, or other authorized person in accordance with applicable laws.

By using BuddyShare, you agree to provide truthful information and comply with these Terms and all relevant applicable laws.

2. User Accounts

2.1. Account Registration

To access features that require authentication, you must register an account and provide the information requested by BuddyShare.

You are responsible for:

  • Providing accurate, complete, and up-to-date registration information.
  • Keeping your login credentials secure and not sharing your account with others for unauthorized use.
  • Being responsible for activities carried out through your account, to the extent permitted by applicable law.
  • Notifying BuddyShare if you discover any signs of unauthorized access to or use of your account.

BuddyShare reserves the right to request verification of information when necessary to protect accounts and ensure the accuracy of user data.

2.2. Account Management and Security

You must not use another person’s account without permission, impersonate another individual, or engage in activities intended to gain unauthorized access to the system.

BuddyShare may implement protective measures, restrict access, temporarily suspend, or terminate accounts if it detects violations of these Terms, security risks, or lawful requests from competent authorities.

3. Events and Group Expense Management

3.1. Creating and Managing Events

BuddyShare allows users to create and manage events for the purpose of organizing and tracking shared expenses.

Events may include trips, meals, gatherings, parties, group activities, or other occasions involving multiple participants and shared costs.

Users who create events may be able to:

  • Provide event names, descriptions, dates, and other relevant information.
  • Invite other users to participate in an event.
  • Manage event participants.
  • Record and manage expenses associated with the event.
  • View expense summaries and individual financial balances.

Event creators are responsible for ensuring that the information they provide is accurate and appropriate.

3.2. Inviting and Participating in Events

Users may invite other individuals to join an event through the invitation features provided by BuddyShare.

By joining an event, participants may gain access to relevant event information, shared expense records, and financial summaries according to their assigned permissions.

Participants are responsible for:

  • Reviewing event information before joining.
  • Providing accurate information when required.
  • Reviewing expenses and their assigned shares.
  • Communicating with other participants regarding any questions or disagreements about shared expenses.
  • Respecting the privacy and information of other event members.

Joining an event does not automatically mean that BuddyShare guarantees or verifies any financial obligations between participants.

3.3. Recording and Managing Expenses

BuddyShare allows users to record expenses incurred during events or group activities.

Expense information may include:

  • Expense descriptions and categories.
  • Expense amounts and currencies, where supported.
  • The person who paid for the expense.
  • The participants who share the expense.
  • Expense dates and other related details.
  • Supporting information or attachments, where supported.

Users who record expenses are responsible for ensuring that the information is accurate and reflects the actual expenses incurred.

BuddyShare may provide features to edit, update, or delete expense records, subject to the application’s functionality and applicable permissions.

3.4. Expense Splitting and Calculation

BuddyShare provides tools to help users calculate and distribute shared expenses among event participants.

Depending on the available features, expense allocation may be based on equal splitting, individual amounts, selected participants, or other supported allocation methods.

Expense calculations and financial summaries are generated based on the information entered by users and the allocation rules selected within the Application.

Users are responsible for reviewing the calculated amounts and confirming that the expense distribution reflects their agreements.

BuddyShare acts as an expense management and calculation tool. It does not independently verify the accuracy of expense information or the agreements made between participants.

3.5. Balances and Settlement Tracking

BuddyShare may provide features that allow users to view:

  • The total expenses of an event.
  • The amount paid by each participant.
  • Each participant’s allocated share of expenses.
  • Outstanding amounts owed between participants.
  • Amounts that participants are entitled to receive.
  • Settlement status and expense history.

Financial balances displayed in BuddyShare are calculated based on the records and information entered by users.

Users are responsible for reviewing their balances and coordinating directly with other participants to resolve outstanding amounts.

Unless explicitly stated otherwise, BuddyShare does not directly transfer, receive, hold, or process money between users.

Recording a payment or marking an expense as settled within the Application does not, by itself, constitute confirmation that an actual financial transfer has occurred.

4. Financial Information and User Responsibilities

BuddyShare is designed to support expense management and cost allocation. It is not a bank, financial institution, payment service provider, or money transfer service unless explicitly stated otherwise.

You acknowledge that:

  • Expense records and balances depend on information provided by users.
  • BuddyShare does not independently verify whether recorded payments or expenses have actually occurred.
  • Users are responsible for ensuring the accuracy of the financial information they enter.
  • Users are responsible for resolving payment obligations directly with other participants.
  • Any agreements regarding shared expenses, reimbursements, or settlements are made between the relevant participants.

BuddyShare does not provide financial, investment, tax, or legal advice.

You should independently review important financial information before making payment or settlement decisions.

5. Rules of Use and Prohibited Activities

When using BuddyShare, you must not engage in any of the following activities:

  • Providing false information, impersonating another person, or using an account without authorization.
  • Creating fraudulent expense records or intentionally entering inaccurate financial information.
  • Manipulating expense calculations or settlement records to mislead other participants.
  • Falsely claiming to have paid, received, or settled an amount.
  • Using another person’s personal or financial information without appropriate authorization.
  • Interfering with, damaging, or attempting to gain unauthorized access to the system, data, or another user’s account.
  • Distributing malware, spam, or content that compromises the security, stability, or operation of the Service.
  • Copying, distributing, or exploiting application content, trademarks, or other intellectual property without authorization.
  • Using BuddyShare to engage in illegal activities or infringe upon the lawful rights and interests of other individuals or organizations.
  • Using automated tools or other methods to collect data, overload, or disrupt system operations without authorization.
  • Engaging in any other activities that violate these Terms or applicable laws.

BuddyShare reserves the right to investigate suspected violations and take appropriate measures in accordance with these Terms and applicable laws.

6. Privacy and Personal Data Protection

BuddyShare may collect and process information necessary to provide and maintain the Service, including:

  • Account information, such as names, email addresses, and profile information.
  • Event information, including event names, descriptions, dates, and participant lists.
  • Expense information, including expense descriptions, amounts, categories, and payment records.
  • Group membership and participation information.
  • Financial balances, expense allocations, and settlement records.
  • Technical information necessary for application operation, security, and troubleshooting.

The collection, use, storage, sharing, and protection of personal data are carried out in accordance with the BuddyShare Privacy Policy and applicable laws.

You should read the Privacy Policy to understand the types of data being processed, the purposes of processing, data retention periods, parties that may receive your data, and your rights regarding your personal data.

When participating in an event, certain information about your expenses, contributions, and balances may be visible to other authorized members of that event, depending on the application’s features and permissions.

You should not share sensitive personal, financial, or payment information unless necessary and appropriate for the intended purpose.

BuddyShare implements appropriate measures to protect user data. However, it cannot guarantee that all information systems will be completely free from security risks or vulnerabilities.

7. Intellectual Property Rights

The BuddyShare Application, including its interface, design, software, logos, trademarks, and other original content, may be owned by the entity operating BuddyShare or by third parties who have licensed such content for use.

Unless expressly authorized or otherwise permitted by law, you must not copy, modify, distribute, publish, create derivative works from, or commercially exploit such content without the consent of the relevant rights holder.

Being granted access to BuddyShare does not mean that ownership of any intellectual property rights has been transferred to you.

Users retain responsibility for ensuring that any content, images, or other materials they upload or share through BuddyShare do not infringe upon the rights of third parties.

8. Service Availability and Technical Limitations

BuddyShare makes reasonable efforts to maintain stable operations and provide reliable expense management features.

However, the Service may be interrupted or temporarily unavailable due to:

  • Scheduled maintenance or system updates.
  • Technical failures or software errors.
  • Internet connectivity issues.
  • Service provider failures.
  • Security incidents.
  • Other circumstances beyond BuddyShare’s reasonable control.

To the extent permitted by applicable law, BuddyShare does not guarantee that the Service will operate continuously, remain error-free, or that all information will always be available or updated in real time.

Users are encouraged to maintain their own records of important expenses and payment transactions when necessary.

9. Limitation of Liability and Disclaimer

BuddyShare provides tools for recording, organizing, calculating, and tracking shared expenses based on information entered by users.

BuddyShare does not guarantee the accuracy, completeness, or validity of expense records, payment confirmations, or financial balances entered by users.

To the extent permitted by applicable law, BuddyShare shall not be liable for:

  • Incorrect expense information entered by users.
  • Disputes between participants regarding expense allocation or payment obligations.
  • Failure by participants to fulfill their financial commitments.
  • Losses arising from incorrect or misleading expense records.
  • Payment or settlement transactions conducted outside the Application.
  • Temporary service interruptions, data synchronization delays, or technical issues beyond its reasonable control.
  • Unauthorized access resulting from a user’s failure to protect their account credentials.

Users are responsible for verifying expense records and resolving financial disagreements directly with the relevant participants.

Nothing in these Terms excludes or limits any liability that cannot be excluded or limited under applicable law.

10. Suspension and Termination of Use

BuddyShare reserves the right to take appropriate measures against accounts that violate these Terms or engage in activities that compromise the security, integrity, or operation of the system.

Such measures may include:

  • Issuing warnings.
  • Restricting certain application features.
  • Temporarily suspending accounts.
  • Removing content that violates these Terms.
  • Terminating accounts, depending on the nature and severity of the violation.

Where possible and appropriate, BuddyShare will notify users of the measures taken, except where notification is restricted by security requirements, applicable laws, or the need to prevent urgent risks.

You may stop using BuddyShare and submit a support request to close or delete your account in accordance with the published procedures.

Account deletion and the handling of related data will be carried out in accordance with the Privacy Policy and applicable laws.

Please note that deleting your account does not automatically resolve outstanding financial obligations between you and other event participants.

You remain responsible for resolving any outstanding expense or settlement matters with the relevant participants.

11. Changes to These Terms of Use

BuddyShare may amend or update these Terms to reflect changes to the Service, application features, operational activities, or applicable laws.

The updated version will be published on the Application or official website together with the corresponding update date.

For significant changes, BuddyShare will provide notifications through appropriate channels when necessary.

Your continued use of the Service after such changes take effect will be subject to the updated Terms and applicable laws.

12. Governing Law and Dispute Resolution

These Terms shall be interpreted and applied in accordance with relevant applicable laws.

Any disputes arising from the use of BuddyShare will first be addressed through good-faith communication and negotiation.

Disputes between event participants concerning expenses, payments, reimbursements, or cost allocation should be resolved directly between the relevant parties.

If a dispute involving BuddyShare cannot be resolved through negotiation, it will be handled in accordance with the procedures and jurisdiction prescribed by applicable law.

13. Contact Information

If you have any questions, require technical support, wish to report an issue, or have complaints regarding the use of BuddyShare, please contact us:

BuddyShare will receive and review requests within a reasonable period, depending on the nature and complexity of each case.

By registering an account, logging in, or using BuddyShare, you acknowledge that you have read, understood, and agreed to these Terms of Use.

© 2026 BuddyShare. All rights reserved.

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