Legal

DESIGNED WITH FEATURES TO IMPROVE INTELLECTUAL CAPABILITIES, PROVIDING SIMPLE AND EASY ACCESS.

Privacy Policy

This Privacy Policy describes MoiPayWay policies and procedures on the collection, use, and disclosure of your information when you use MoiPayWay products and services, and tells you about your privacy rights and how the law protects you.

MoiPayWay uses your personal data to provide and improve the services we offer you. By using MoiPayWay, You agree to the collection and use of information in accordance with this Privacy Policy.

DEFINITION

Account means a unique identification created for You to access MoiPayWay or other products and services from the use of MoiPayWay infrastructure. Company (referred to as either "the Company", "We", "Us" or "Our" in this Agreement) refers to MoiPayWay.

Service refers to the MoiPayWay solutions.

Service provider means any natural or legal person who processes the data on behalf of the Company. It refers to third-party companies or individuals employed by the Company to facilitate the Service, to provide the Service on behalf of the Company, to perform services related to the Service, or to assist the Company in analyzing how the Service is used.

Cookies are small files that are placed on Your computer, mobile device, or any other device by a website, containing the details of your browsing history on that website among its many uses.

Personal Data is any information that relates to an identified or identifiable individual or business.

Data to data collected automatically, either generated by the use of the Service or from the Service infrastructure itself (for example, the duration of a page visit).

Website refers to https://moipayway.com

You the individual accessing or using the Service, or the company, or other legal entity on behalf of which such individual is accessing or using the Service, as applicable.

User-Provided Information

When you register with MoiPayWay and use the Application, you generally provide

your name, email address, age, username, password, and other registration information
transaction-related information, such as when you make purchases, respond to any offers, or download or use applications from us
you provide us when you contact us for help
payment card information for purchase and use of the Application
in addition, the Application may collect certain information automatically, including, but not limited to, the type of device you use, your device's unique device ID, the IP address of your device, your operating system, the type of Internet browsers you use, and information about the way you use the Application.

We use Cookies and similar tracking technologies to track the activity on Our Service and store certain information. Tracking technologies used are beacons, tags, and scripts to collect and track information and to improve and analyze Our Service.

The technologies We use may include

Cookies and Browsers Cookies: A cookie is a small file placed on Your Device.
Web Cookies
Flash Cookies

HOW WE USE YOUR PERSONAL INFORMATION

The Company may use Personal Data for the following purposes:

To provide and maintain our Service, including monitoring the usage of our service.
To manage Your registration as a user of the Service.
The Personal Data You provide can give You access to different functionalities of the Service that are available to You as a registered user.
The development, compliance, and undertaking of the purchase contract for the products, items, or services You have purchased or of any other contract with Us through the Service.
To contact You by email, telephone calls, SMS, or other equivalent forms of electronic communication, such as a mobile application's push notifications regarding updates or informative communications related to the functionalities, products, or contracted services, including the security updates, when necessary or reasonable for their implementation.
To provide you; with news, special offers, and general information about other goods, services, and events that we offer that are similar to those that you have already purchased or enquired about unless You have opted not to receive such information.
To attend to and manage Your requests to Us.
We may use Your information to evaluate or conduct a merger, divestiture, restructuring, reorganization, dissolution, or other sale or transfer of some or all of Our assets, whether as a going concern or as part of bankruptcy, liquidation, or similar proceeding, in which Personal Data held by Us about our Service users is among the assets transferred.

Disclosure of Your Personal Data

We will only disclose your personal information, in the advent of the following:

Third-party companies or individuals employed by the MoiPayWay to facilitate the Service we offer, and If the Company is involved in a merger, acquisition or asset sale, Your Personal Data may be transferred. We will provide notice before Your Personal Data is transferred and becomes subject to a different Privacy Policy.
Under certain circumstances, the Company may be required to disclose Your Personal Data if required to do so by law or in response to valid requests by public authorities (e.g. a court or a government agency).

RETENTION OF PERSONAL DATA

We keep your Personal Data for as long as it’s needed or for other vital reasons including complying with legal responsibilities, resolving disputes, or enforcing our agreements.

INTELLECTUAL PROPERTY

All content of the MoiPayWay, including text, images, graphics, logo user interfaces as well as the selection and arrangement of such content, are fully owned by MoiPayWay. We do not grant you any right, license, title, or interest to any of our intellectual Property rights which you may or may not have access to. You agree to take such actions including any legal or official document or other documents that may be needed to further affirm our intellectual property rights.

SECURITY AND FRAUD CONTROL

MoiPayWay is responsible for implementing a strategy to protect and detect fraudulent transactions and prevent these actions from causing financial and reputational damage to the customer. We will maintain technical, and physical procedures to protect all the personal information stored in our servers from unauthorized access and accidental loss or modification. We also take all reasonable and achievable measures to address any security breach as soon as we become aware.

We are concerned about safeguarding the confidentiality of your information. We provide procedural safeguards to protect the information we process and maintain. Please be aware that, although we endeavor to provide reasonable security for information we process and maintain, no security system can prevent all potential security breaches.

HOW TO CONTACT US

If you have any questions about this Privacy Policy, You can contact us:

By email: [email protected]

https://moipayway.com

CHANGES TO THIS PRIVACY POLICY

We may update Our Privacy Policy from time to time. You are advised to review this Privacy Policy periodically for any changes. Changes to this Privacy Policy are effective when they are posted on this page.

Terms of Use

The terms of use contained in this document shall apply to the use of products &services offered from time to time by MoiPayWay.

Terms outline the rules and regulations guiding the use of MoiPayWay.

Information or other content that appears on this document shall be administered subject to these terms of use.

Please read the terms set out below carefully before agreeing to use MoiPayWay products & services. If you do not agree to these Terms of Use (including any referenced policies or guidelines), please immediately terminate your use of MoiPayWay products & services.

You can accept the Terms of Use by:

Clicking to accept or agree to the Terms of Use, where this option is made available to you by MoiPayWay in the User interface for any particular Service; or

Accessing or actually using the products & services.

In this case, you understand and agree that MoiPayWay will treat your use of its products & services as acceptance of the Terms of Use from that point onward.

For the purpose of these Terms of Use, wherever the context so requires, the term “User” shall mean and include any natural or legal person who has agreed to these Terms of Use on behalf of herself or any other legal entity.

It is clarified that the Privacy Policy (that is provided separately), form an integral part of these Terms of Use and should be read in conjunction. Illegality or unenforceability of one or more provisions of these Terms of Use shall not affect the legality and enforceability of the other terms of the MoiPayWay.

Service being offered by MoiPayWay

You acknowledge and agree that MoiPayWay may stop (permanently or temporarily) providing the Services (or any features within the Services) to you or to Users generally at MoiPayWay sole discretion, without any prior notice.

You may stop using the Services at any point of time. You do not need to specifically inform MoiPayWay when you stop using the Services.

You acknowledge and agree that if MoiPayWay disables access to your account, you may be prevented from accessing the Services, your account details or any files or other content which is contained in your account and MoiPayWay shall intimate to you regarding the same.

MoiPayWay reserves the right to delete your User information stored in your account including but not limited to all or any personal information or any Sensitive Personal Data or Information (“SPDI”) stored in your User account. Alternately, a User may notify us if they do not wish that we retain or use the personal information or SPDI by contacting the Legal Officer. However, in such a case, we may not be able to provide you some or all of our Services.

You acknowledge and agree that while MoiPayWay may not currently have set a fixed upper limit on the number of transmissions and amount involved in the transactions you may send or receive through the Services, such fixed upper limits may be set by MoiPayWay at any time, solely at Our discretion.

By using our Services you agree that MoiPayWay disclaims any liability for any information that may have become outdated since the last time the particular piece of information was updated. We reserve the right to make changes and corrections to any part of the content of this MoiPayWay at any time without any prior notice. Unless stated otherwise, all pictures and information contained on this MoiPayWay are believed to be in the public domain as either promotional materials, publicity photos or press media stock. Please note that all images displayed in the MoiPayWay have been digitised by MoiPayWay. No other party is authorised to reproduce or republish these digital versions in any format whatsoever without the prior written permission of MoiPayWay.

Eligibility

Anyone who is 18⁺ (18 years or older) of age and competent to contract under the applicable laws is eligible to access and use MoiPayWay products & services.

Your use or access of MoiPayWay products & services shall be treated as your representation that you are competent to contract and if you are registering as a business entity, that you represent and warrant that you have the authority to bind such business entity to the Terms of Use. Without generality of the foregoing, use of the MoiPayWay is available only to persons who can form a legally binding contract.

Exclusion of Warranties

In no event shall MoiPayWay or its partners be liable for any damages (including, without limitation, damages for loss of data or profit, or due to business interruption) arising out of the use MoiPayWay products & services, even if MoiPayWay or a MoiPayWay authorized representative has been notified orally or in writing of the possibility of such damage. Nothing in these terms, shall exclude or limit MoiPayWay warranty or liability for losses which may not be lawfully excluded or limited by applicable law. Some jurisdictions do not allow the exclusion of certain warranties or conditions or the limitation or exclusion of liability for loss or damage caused by negligence, breach of contract or breach of implied terms, or incidental or consequential damages. Accordingly, only the limitations which are lawful in your jurisdiction will apply to you and our liability will be limited to the maximum extent permitted by law.

Charges

APIs calls and payments are charge based on their corresponding payment method as stated on the pricing but note payment method stated as MPWT can't be withdraw or swap but only used on API execution

Spamming

You may not use contact information provided by us or other users or harvest such information for the purpose of sending, or to facilitate the sending, of unsolicited bulk communications such as spam. You may not allow others to use your account to violate the terms of this section. We may terminate your account or access to the MoiPayWay products & services immediately and take other legal action if you or anyone using your credentials violates these provisions.

Authorisation

By accepting the terms of these Terms of Use, you authorise us to hold, receive, disburse and settle funds on your behalf. Your authorisation permits us to generate an electronic funds transfer between the payment system providers and our account(s) held with our partner bank(s) (“Nodal Account”) to process each payment transaction that you authorise.

Thereafter, you authorise us to transfer the payments received from your buyers to the bank account designated by you for this purpose at the time of registration (“Acquiring Bank”). Your authorisation will remain in full force and effect until your MoiPayWayaccount is closed or terminated.

Security

Highest level of data encryption built in with tools employed to protect you against fraud.

Links

MoiPayWay has not reviewed all of the sites linked to its products & services and is not responsible for the contents of any such linked site. The inclusion of any link does not imply endorsement by MoiPayWay of the site. Use of any such linked website is at the user's own risk.

Prohited Uses

Please discontinued the use of MoiPayWay products & services, if you engage in any business that puts a threat to the security of life and property, promote violence, scam, and other unlawful activities as stated in Nigeria's constitution and your local laws.

Technical Issues & Delivery Policy

In case of any technical issues, please email us at [email protected] to let us know of the issues you may be facing.

Governing Law, Settlement of Disputes and Jurisdiction

These Terms of Use and any dispute or claim arising under it will be governed by and construed in accordance with the laws of Nigeria.

Please note that the terms of use, its subject matter and its formation are governed by laws of the Federal Republic of Nigeria. You agree that the courts of Nigeria will have exclusive jurisdiction.

Anti-Money Laundering & Counter Terrorism Financing Policy

Introduction

MoiPayWay has a technology-driven company that offers services within the financial space, and it recognizes the need of preventing money laundering and terrorism financing.

As a designated non-financial institution (DNFI), is subject to applicable legislation designed for the Prevention and Prohibition of Terrorism ( Act 2022), Money Laundering Prevention, and Prohibition (Act, 2022).

For this purpose, MoiPayWay has established policies and procedures for anyone that has business to do with MoiPayWay such as partners and employees must observe

Customer Due Diligence

MoiPayWay implement account opening processes and procedures that verify the identity of customers (partners, etc.) which are manual submission and automated, and as well as we run periodic checks on various checklists such as the Interpol.

Assessment of Risk & Risk-Based Approach

Based on the nature of the products and services MoiPayWay offers, each customer is placed on the category of risk involved in operating with our offerings, which helps in Identifying the potential risk, and will help to effectively manage these risks and implementing controls to mitigate the identified risk if they come.

This is to ensure that anti-money laundering and counter-terrorist financing concerns are discovered and diminished.

MoiPayWay will not do business with persons or company that has been included in any official lists of sanctions, or involvement in criminal activities. Persons refusing to provide the required information or documentation; or Entities whose shareholder/control structure cannot be determined.

Relationships with regulators and Law Enforcement Agencies

MoiPayWay understands the risk and loss of being involved in money laundering and terrorist financing activities, with these MoiPayWay recognizes that complying with regulators and cooperating with law enforcement agencies is obligatory to maintain and fight against money laundering as it helps in a cooperative relationship with regulators and law enforcement agencies.

MoiPayWay submits and also abides with requests made in accordance with regulators and Law Enforcement Agencies in need to counter terrorism and money laundering.

Training in Anti-Money Laundering and Counter-Terrorism

With a commitment to compliance, MoiPayWay makes its employees ( juniors and seniors) go through training to help conduct, and manage customer onboarding, management, and reporting of red flags of money laundering or terrorism financing that may occur in the course of their job duties.

Reporting, Audit & Reviews

To ensure we are complying and equally managing the transactions that are carried out using our product and solutions, we employ a periodic internal audit to ensure that the anti-money laundering and counter-terrorism financing mechanisms in place are effective.
This provides the compliance department with the assurance and necessary information with respect to the operating processes and review of the policy.
In an event of any suspicion or knowledge of possible Money Laundering activity employees and partners are mandated to report such activity to the compliance department of MoiPayWay by emailing ([email protected]) with information that includes at least; Identity of the suspected person or account, date of suspected activity and details of what was suspected with relevant reason.

Retention of Records

MoiPayWay keeps identification documents of customers for the period they use MoiPayWay products and services duration of the account and for at least five (5) years after the relationship ends.

In the event of legal proceedings or regulatory exploration, records will be kept for the period of the inquiry.