Terms of Service

Last Updated: November, 2025

Welcome to TaraPay (“TaraPay”, “we”, “our”, “us”). These Terms of Service (“Terms”) govern your access to and use of our website, mobile application, payment services, and any other features or tools we provide (collectively, the “Services”).

By creating an account, accessing, or using the Services, you agree to be bound by these Terms.
If you do not agree, please discontinue use of TaraPay immediately.

1. Eligibility

To use TaraPay, you must:

• Be at least 18 years old
• Have the legal capacity to enter a binding contract
• Provide accurate and verifiable information
• Not be barred from using financial services under applicable laws

We may restrict or deny access to users who do not meet these requirements.

2. Your TaraPay Account

A. Account Creation

To use our Services, you must create an account and provide accurate personal information. This includes identity verification details required for KYC/AML compliance.

B. Security of Your Account

You are responsible for:

• Keeping your login details confidential
• Securing your device
• Not sharing your account with others

Notify us immediately at [insert email] if you suspect unauthorized access.

C. Account Activity

All activities under your account are deemed authorized by you. TaraPay is not liable for losses caused by your failure to safeguard your credentials.

3. Use of Services

You agree not to use TaraPay for:

• Fraudulent or unlawful activities
• Money laundering or terrorism financing
• Gambling, scams, or high-risk transactions
• Interfering with platform operations
• Harmful or malicious practices

We may suspend or terminate your account for policy violations.

4. Payments, Fees & Transactions

A. Transaction Processing

By using TaraPay, you authorize us to process payments, transfers, withdrawals, and other financial activities through our platform and approved partners.

B. Fees

Some services may attract fees.
Any applicable charges will be clearly displayed before you complete a transaction.

C. Limits

We may impose transaction or account limits based on:

• Verification level
• Regulatory requirements
• Fraud prevention measures

D. Reversals & Chargebacks

TaraPay reserves the right to reverse transactions if:

• Required by law
• Fraud is suspected
• The payment was made in error
• Chargeback occurs from a third-party provider

5. Compliance & Verification (KYC/AML)

TaraPay complies with applicable financial regulations. You agree to:

• Provide valid identification and proof of address
• Update your information when requested
• Undergo additional verification if needed

Failure to comply may lead to account suspension or closure.

6. Intellectual Property

All content, branding, logos, and technology associated with TaraPay are owned by TaraPay.
You may not copy, modify, distribute, or reverse-engineer any part of our Services without permission.

7. Third-Party Services

TaraPay may integrate with third-party partners for:

• Payment processing
• Identity verification
• Data storage
• Card services

We are not responsible for the actions, policies, or availability of third-party providers.

8. Privacy

Your use of TaraPay is also governed by our Privacy Policy.
Please review that policy to understand how we collect and handle your data.

9. Suspension & Termination

We may suspend or terminate your account if:

• You violate these Terms
• You provide false or misleading information
• Fraudulent activity is detected
• Required by law or regulatory authorities

Upon termination:

• You may lose access to your account
• Pending transactions may be delayed or reversed
• Outstanding obligations remain enforceable

10. Disclaimer of Warranties

TaraPay is provided “as is” and “as available”.
We do not guarantee:

• Uninterrupted service
• Error-free operations
• Immediate processing times
• Compatibility with all devices or networks

You use TaraPay at your own risk.

11. Limitation of Liability

To the maximum extent allowed by law, TaraPay is not liable for:

• Loss of funds due to unauthorized access caused by your negligence
• Delays in payment processing
• Errors from third-party service providers
• Damages arising from misuse of the platform
• Loss of profits, data, or opportunities

Our total liability will not exceed the amount you paid in service fees (if any) in the 3 months preceding the incident.

12. Indemnification

You agree to indemnify and hold TaraPay harmless from claims, damages, losses, and expenses arising from:

• Your violation of these Terms
• Misuse of the Services
• Breach of law or regulation
• Third-party disputes involving your account

13. Changes to Terms

We may update these Terms at any time.
Changes will be posted on our platform with a new “Last Updated” date.
Continued use of TaraPay means you accept the updates.

14. Governing Law

These Terms are governed by the laws of Nigeria
Disputes shall be resolved through arbitration or courts within the same jurisdiction.

15. Contact Information

For enquiries, complaints, or support:

TaraPay Support Team
177 Jakpa Road Effurum Delta State, Nigeria
Email: info@tarapay.com
Phone: 08052514716, 08138614328
Website: https://tarapay.ng