Terms of Service

Last Updated: January 2026

1. Acceptance of Terms

Welcome to ElRoi Pay. By accessing or using our platform, mobile applications, or services (collectively, the "Services"), you agree to be bound by these Terms of Service ("Terms"). If you do not agree to these Terms, you may not use our Services. These Terms constitute a legally binding agreement between you and One Health Global Technologies FZ-LLC and WASK Technologies (collectively, "ElRoi Pay," "we," "us," or "our").

2. Eligibility

To use ElRoi Pay, you must:

  • Be at least 18 years of age
  • Have the legal capacity to enter into binding contracts
  • Be a resident of a country where ElRoi Pay operates
  • Provide accurate and complete registration information
  • Not be prohibited from using financial services under applicable laws
  • Complete KYC (Know Your Customer) verification as required

3. Account Registration and Security

3.1 Account Creation

You must create an account to use ElRoi Pay Services. You agree to provide accurate, current, and complete information during registration and to update such information to keep it accurate and current. You are responsible for maintaining the confidentiality of your account credentials.

3.2 Account Security

You are solely responsible for all activities that occur under your account. You must immediately notify us of any unauthorized use of your account or any other security breach. We are not liable for any loss or damage arising from your failure to protect your account credentials.

3.3 KYC Verification

ElRoi Pay operates under a tiered KYC system. Access to certain features and transaction limits depends on your KYC tier. You agree to provide government-issued identification, proof of address, biometric data, and other documents as required for verification.

4. Services Provided

4.1 Payment Services

ElRoi Pay provides multi-rail payment infrastructure including wallet services, mobile money integration, bank account linking, QR code payments, merchant payment acceptance, cross-border transfers, and peer-to-peer payments.

4.2 Credit Services (BNPL/Pay Later)

Subject to eligibility, we offer Buy Now Pay Later (BNPL) services. Credit limits are determined based on KYC tier, credit score, transaction history, and alternative verification methods (employment verification, social guarantor, savings collateral). All credit services are subject to separate credit terms.

4.3 Savings and Investment

We offer savings goals, Susu group savings, and interest-bearing accounts. Savings products are subject to specific terms and conditions provided at the time of enrollment.

4.4 Merchant Services

Merchants can accept payments via QR codes, payment links, invoices, SoftPOS (NFC tap-to-pay), and location-based QR codes. Merchant accounts are subject to additional terms and fee schedules.

5. Fees and Charges

ElRoi Pay charges fees for certain services. Applicable fees include:

  • Transaction fees (varies by payment method and amount)
  • Cross-border transfer fees
  • Cash-out fees for mobile money withdrawals
  • Merchant processing fees
  • BNPL interest and late payment fees
  • Certified financial statement generation fee (GHS 25)
  • Currency conversion fees

Current fee schedules are available in the app and on our website. We reserve the right to modify fees with 30 days' notice.

6. Prohibited Activities

You agree not to:

  • Use ElRoi Pay for illegal activities, money laundering, or terrorist financing
  • Provide false or misleading information during registration or KYC
  • Attempt to circumvent security measures or access unauthorized areas
  • Use the Services to conduct fraudulent transactions
  • Violate any applicable laws, regulations, or third-party rights
  • Reverse engineer, decompile, or disassemble our software
  • Use automated systems (bots) to access the Services
  • Engage in activities that harm ElRoi Pay's reputation or operations
  • Transfer your account to another person without our consent

7. Transaction Limits and Restrictions

Transaction limits vary based on your KYC tier, account history, and regulatory requirements. We reserve the right to impose additional limits, delay transactions, or request additional verification for security or compliance purposes. Limits may be adjusted without prior notice to comply with regulatory changes.

8. BNPL and Credit Terms

8.1 Credit Approval

BNPL services are subject to credit approval. We may deny credit at our sole discretion. Credit limits are determined based on multiple factors and may be adjusted over time.

8.2 Repayment Obligations

You agree to repay all BNPL purchases according to the payment schedule. Late payments incur fees and negatively impact your credit score. Failure to repay may result in account suspension, debt collection, and legal action.

8.3 Guarantor Responsibilities

If you serve as a guarantor for another user, you accept responsibility for their debt if they default. Your credit score will be affected by the guaranteed user's payment behavior. You may withdraw as guarantor after the current payment plan completes.

8.4 Savings Collateral

If you use savings as collateral for BNPL, you authorize us to deduct outstanding amounts from your savings goals in the event of default. You will be notified before such deduction occurs.

9. Dispute Resolution and Chargebacks

If you dispute a transaction, you must notify us within 60 days. We will investigate and respond within 30 days. For merchant disputes, we may reverse transactions and charge merchants a chargeback fee. Our decision in disputes is final unless you pursue legal remedies.

10. Account Suspension and Termination

10.1 Our Right to Suspend or Terminate

We may suspend or terminate your account immediately if you violate these Terms, engage in fraudulent activity, fail to complete KYC verification, have excessive chargebacks or disputes, or if required by law or regulatory authorities.

10.2 Your Right to Terminate

You may close your account at any time by contacting support. You remain responsible for all outstanding obligations, including BNPL repayments and pending transactions.

10.3 Effect of Termination

Upon termination, your access to Services will cease. We will return any remaining balance after deducting outstanding fees and obligations. We may retain your information as required by law.

11. Limitation of Liability

TO THE MAXIMUM EXTENT PERMITTED BY LAW, ELROI PAY SHALL NOT BE LIABLE FOR:

  • Indirect, incidental, special, consequential, or punitive damages
  • Loss of profits, revenue, data, or business opportunities
  • Service interruptions or technical failures
  • Unauthorized access to your account due to your negligence
  • Actions of third-party service providers (banks, mobile money operators)
  • Delays or failures in transaction processing beyond our control

Our total liability to you for any claim shall not exceed the fees you paid to ElRoi Pay in the 12 months preceding the claim.

12. Indemnification

You agree to indemnify and hold harmless ElRoi Pay, its affiliates, officers, directors, employees, and agents from any claims, damages, losses, liabilities, and expenses (including legal fees) arising from your use of the Services, violation of these Terms, or infringement of any third-party rights.

13. Intellectual Property

All content, trademarks, logos, and intellectual property on ElRoi Pay are owned by or licensed to us. You may not use, reproduce, or distribute our intellectual property without written permission. The ElRoi Pay name, logo, and "The Infrastructure That Sees Africa" tagline are protected trademarks.

14. Governing Law and Jurisdiction

These Terms are governed by the laws of the jurisdictions in which ElRoi Pay operates, including Ghana, Nigeria, Kenya, and the United Arab Emirates. Any disputes shall be resolved in the courts of the jurisdiction where you reside or where the transaction occurred.

15. Changes to Terms

We may modify these Terms at any time. Material changes will be notified via email or in-app notification at least 30 days before taking effect. Your continued use of ElRoi Pay after changes become effective constitutes acceptance of the modified Terms.

16. Contact Information

For questions about these Terms, contact us:

ElRoi Pay Legal Department

Email: legal@elroipay.com

Phone: +233 (0) 30 123 4567

Address: One Health Global Technologies FZ-LLC, Dubai, UAE

License: FDRK8682

By using ElRoi Pay, you acknowledge that you have read, understood, and agree to be bound by these Terms of Service.