PAYLATER HUB LTD CUSTOMERS TERMS OF USE
  1. ABOUT PAYLATER HUB: Paylater Hub Limited is a Nigerian-owned Buy-Now-and-Pay-Later (BNPL) fintech company incorporated on the 8th of July, 2021, with registration number RC 1816266. We operate a structured and fully licensed digital lending business, approved by the Federal Competition & Consumer Protection Commission and audited by the Nigeria Data Protection Bureau to carry on the business of Digital Lending. We provide financial intervention to individuals, whose periodic incomes are running low, to facilitate payments for essential goods and services through our revolving credit and installment payment plan.

  2. ACKNOWLEDGMENT: By using the Paylater Hub platform, you acknowledge and accept these terms of use, and agree to comply with all applicable laws and regulations. You also acknowledge that Paylater Hub will not be held liable for any losses or damages arising from the use of our services.

  3. CONTRACTUAL CAPACITY AND ELIGIBILITY: To be eligible to use the Paylater Hub platform, you must be of legal age and have the capacity to enter into a legally binding agreement. By using our services, you represent and warrant that you meet these requirements.

  4. RIGHT TO AMEND THE TERMS OF USE: Paylater Hub reserves the right to amend these terms of use at any time without notice. Your continued use of the platform following any changes to the terms of use will be deemed to be acceptance of those changes.

  5. FEE AND CHARGES FOR AVAILING OUR SERVICES: You will be charged a fee for availing our services, which will be clearly outlined at the time of application. These fees may include, but are not limited to, interest on the loan, processing fees, and late payment charges.

  6. YOUR OBLIGATION TO PAY IN TIME: As a borrower, you are obligated to make timely payments in accordance with the repayment schedule agreed upon at the time of loan disbursal. Failure to do so may result in additional charges or default.

  7. THE EVENT OF DEFAULT: In the event of default on your loan, Paylater Hub reserves the right to take legal action to recover the outstanding amount. This may include, but is not limited to, wage garnishment, legal action, and reporting the default to credit bureaus.

  8. PRIVACY POLICY: Paylater Hub is committed to protecting the privacy of our customers. Our privacy policy can be found on our website and outlines how we collect, use, and share personal information. By using our platform, you acknowledge and accept our privacy policy.

  9. INTELLECTUAL PROPERTY RIGHTS AND COMPLAINTS: The content of the Paylater Hub platform is protected by copyright, trademark, and other intellectual property laws. Any unauthorized use of the platform or its content may be a violation of these laws. If you have any complaints or concerns, please contact our customer support team.

  10. PRODUCT AND SERVICE INFORMATION: The information provided on the Paylater Hub platform is for general informational purposes only and is not intended to be comprehensive. We make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the platform or the information, products, services, or related graphics contained on the platform for any purpose.

  11. ACCOUNT DETAILS: You are responsible for maintaining the confidentiality of your account details, including your username and password. You are also responsible for all activities that occur under your account, whether or not you authorize such activities. You must immediately notify Paylater Hub of any unauthorized use of your account or any other breach of security.

  12. USER SUBMITTED CONTENTS AND FEEDBACK: You may submit feedback, comments, or other content to Paylater Hub, but you agree that any such submissions will be considered non-confidential and non-proprietary. By submitting content, you grant Paylater Hub a royalty-free, perpetual, irrevocable, non-exclusive, worldwide license to use, reproduce, modify, distribute, and display such content in any medium.

  13. THIRD-PARTY LINKS, PRODUCTS, OR SERVICES: Paylater Hub may provide links to third-party websites or products, or offer third-party services. These links are provided for your convenience, but Paylater Hub is not responsible for the content or availability of these third-party sites, products, or services.

  14. ACCEPTABLE USE: You agree to use the Paylater Hub platform only for lawful purposes and in accordance with these terms of use. You are prohibited from using the platform to transmit or post any illegal, fraudulent, defamatory, or obscene material, or any material that would violate the rights of others.

  15. DISCLAIMER OF WARRANTIES: The Paylater Hub platform is provided on an “as is” and “as available” basis. Paylater Hub makes no representations or warranties of any kind, express or implied, as to the operation of the platform or the information, content, materials, or products included on the platform.

  16. INDEMNIFICATION: You agree to indemnify and hold Paylater Hub and its affiliates, officers, agents, and employees harmless from any claim or demand, including reasonable attorneys’ fees, made by any third party due to or arising out of your use of the platform, your violation of these terms of use, or your violation of any rights of another.

  17. GOVERNING LAW: These terms of use shall be governed by and construed in accordance with the laws of Nigeria. Any dispute arising under or in connection with these terms of use shall be subject to the exclusive jurisdiction of the Nigerian courts.

  18. CONFIDENTIALITY: You agree to keep confidential all information provided to you by Paylater Hub, including but not limited to, any information marked as confidential or that by its nature is confidential.

  19. ENTIRE AGREEMENT: These terms of use, together with the Paylater Hub’s Privacy Policy and other agreements incorporated by reference, constitute the entire agreement between you and Paylater Hub and govern your use of the platform, superseding any prior agreements between you and Paylater Hub.

  20. INTERPRETATION, SEVERABILITY AND REFORMATION: The headings in these terms of use are for convenience only and shall not affect the interpretation of these terms of use. If any provision of these terms of use is found to be invalid or unenforceable, the remaining provisions shall remain in full force and effect.

  21. EXECUTION IN COUNTERPARTS: This agreement may be executed in counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.

  22. SURVIVAL: The provisions of these Terms of Use that by their nature should survive termination shall survive termination, including, without limitation, ownership provisions, warranty disclaimers, indemnity and limitations of liability.

  23. WAIVER: The failure of Paylater Hub to enforce any right or provision in these Terms of Use shall not constitute a waiver of such right or provision unless acknowledged and agreed to by us in writing.

  24. TERMINATION: Paylater Hub may terminate or suspend your access to the platform at any time, without notice or liability, for any reason or no reason, including but not limited to, your violation of these Terms of Use.

  25. CONTACT INFORMATION: If you have any questions or concerns regarding these Terms of Use, please contact us at hello@paylaterhub.com or visit our website at www.paylaterhub.com for more information on how to reach us.
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