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Terms and Condition

Please read these terms and conditions carefully before using Our Service.

Interpretation and Definitions

Interpretation

The words of which the initial letter is capitalized have meanings defined under the following conditions. The following definitions shall have the same meaning regardless of whether they appear in singular or in plural.


Definitions

For the purposes of these Terms and Conditions:

  • Company (referred to as either "the Company," "We," "Us," or "Our" in this Agreement) refers to Utoken Limited

  • Service refers to the website and related financial technology services provided by Utoken Limited.

  • User means the individual or entity accessing or using the Service.


Acknowledgment

These are the Terms and Conditions governing the use of this Service and the agreement that operates between You and Utoken Limited. These Terms set out the rights and obligations of all users regarding the use of the Service.

By accessing or using the Service, You agree to be bound by these Terms and Conditions. If You disagree with any part of these Terms, You may not access the Service.


Regulatory and Licensing Coverage

Utoken Limited partners with regulated financial service providers to facilitate payment processing and settlement services. As a partner, Utoken Limited operates under the regulatory and licensing framework provided by these entities, which extends to the services offered through our platform.

These financial service providers hold regulatory approvals in relevant jurisdictions for payment processing and related financial services. Utoken Limited, through its partnerships, adheres to the compliance and security standards set by these regulatory bodies.

By using our services, you acknowledge that certain payment processing functions may be carried out by our licensed partners, and their terms of service and regulatory obligations may apply in addition to Utoken Limited's Terms and Conditions.


Service Availability and Jurisdiction

Utoken Limited is primarily focused on serving users in Nigeria. However, our services may be used in other countries where such operations are legally permitted, including jurisdictions supported by our licensed financial service partners. Users are responsible for ensuring that their use of Utoken Limited's services complies with the laws and regulations of their respective countries.


Links to Other Websites

Our Service may contain links to third-party websites or services that are not owned or controlled by Utoken Limited. Utoken Limited has no control over and assumes no responsibility for the content, privacy policies, or practices of any third-party websites or services.


Termination

We may terminate or suspend your access immediately, without prior notice or liability, for any reason whatsoever, including without limitation if you breach these Terms and Conditions.


Limitation of Liability

To the maximum extent permitted by applicable law, Utoken Limited and its affiliates shall not be liable for indirect, incidental, special, consequential, or punitive damages, including but not limited to loss of profits, data, or other intangible losses.


Disputes Resolution

If You have any concern or dispute about the Service, You agree to first try to resolve the dispute informally by contacting the Company.


For European Union (EU) Users

If You are a European Union consumer, you will benefit from any mandatory provisions of the law of the country in which You are resident.


United States Legal Compliance

You represent and warrant that (i) You are not located in a country that is subject to the United States government embargo, or that has been designated by the United States government as a “terrorist supporting” country, and (ii) You are not listed on any United States government list of prohibited or restricted parties.


Severability and Waiver

Severability

If any provision of these Terms is held to be unenforceable or invalid, such provision will be changed and interpreted to accomplish the objectives of such provision to the greatest extent possible under applicable law and the remaining provisions will continue in full force and effect.

Waiver

Except as provided herein, the failure to exercise a right or to require performance of an obligation under these Terms shall not affect a party's ability to exercise such right or require such performance at any time thereafter nor shall the waiver of a breach constitute a waiver of any subsequent breach.


Translation Interpretation

These Terms and Conditions may have been translated if We have made them available to You on our Service. You agree that the original English text shall prevail in the case of a dispute.


“AS IS” and “AS AVAILABLE” Disclaimer

The Service is provided to You “AS IS” and “AS AVAILABLE” and with all faults and defects without warranty of any kind. To the maximum extent permitted under applicable law, the Company, on its own behalf and on behalf of its Affiliates and its and their respective licensors and service providers, expressly disclaims all warranties, whether express, implied, statutory or otherwise, with respect to the Service, including all implied warranties of merchantability, fitness for a particular purpose, title and non-infringement, and warranties that may arise out of course of dealing, course of performance, usage or trade practice.


Governing Law

These Terms shall be governed and construed in accordance with the laws of Nigeria, without regard to its conflict of law provisions.


Changes to These Terms and Conditions

We reserve the right, at Our sole discretion, to modify or replace these Terms at any time. If a revision is material We will make reasonable efforts to provide at least 30 days' notice prior to any new terms taking effect. What constitutes a material change will be determined at Our sole discretion.

By continuing to access or use Our Service after those revisions become effective, You agree to be bound by the revised terms. If You do not agree to the new terms, in whole or in part, please stop using the website and the Service.


Contact Us

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