This website is operated by ChamsSwitch Ltd., the Company that powers the Naira.com solution. By visiting our site and/ or purchasing something herein, you engage in our "Service" and agree to be bound by the following terms and conditions.
These Terms of Service apply to all users of the site, without excluding browsers, clients, vendors, customers, merchants.
Please read these Terms of Service carefully before accessing or using our website. By accessing or using any part of the site, you agree to be bound by these Terms of Service.
Chamsswitch recognizes the importance of protecting the privacy of all information provided by users of Naira.com. This statement is meant to affirm our utmost respect for your rights to privacy.
You acknowledge that Chamsswitch may verify your identity information through publicly and/or restricted government databases in other to comply with regulatory requirement.
You accept that Chamsswitch shall have the right to monitor your account usage and may disclose personal information to local law enforcement or investigative agencies or any competent regulatory or governmental agencies to assist in the prevention, detection or prosecution of money laundering activities, fraud or other criminal activities.
Chamsswitch employee who handle personal information are under an obligation to treat it confidentially and may not disclose it to un-authorised third parties.
For information you provide to complete a transaction either for Bills Payment, Airtime Top-up, MailPay or Funds Transfer transactions, we imply that you consent to ChamsSwitch using it for that specific reason only.
If we need your personal information for any other reason such as marketing, we will expressly ask of provide you with an option to decline.
After you have given your consent, you may for any reason change your mind, you are allowed to withdraw your consent for the continued collection or use of your information.
ACCOUNT OPENING AND MAINTENANCE
The following conditions must be met before opening an account on Niara.com website:
i. You must be 18 year sold with capacity to enter into contract
ii. You may be required to register your Bank-Verification-Number (BVN) to sign-up for certain services and upon which you will be provided your password.
iii. Where post-paid services are required, you must complete a Registration Form and submit it when dully completed and signed by you. A completed registration form shall bear your name as it appears on your ID and such other information as may be required
After your account has been opened and activated, you be able to initiate the following transactions:
i. Buy Naira.com Prepaid/Post-paid Airtime
ii. Transfer funds fund to individuals or Companies both Locally & Internationally
iii. Pay for good purchased from registered Merchants
iv. Pay Utility Bills or make one-off periodic payments or remittances to participating utility providers
v. Manage your account (Single View of your bank account, Balance Enquiry, Change PIN etc)
vi. Any other transaction that may be introduced by Chamsswitch from time to time
Chamsswitch does not warrant that all functionalities shall be available at all times and may withdraw any functionality of the Naira.com service in general as a direct result of new or amended legislation, statutory requirements or Government regulations, policies or any other compelling reasons.
Chamsswitch may provide additional functionalities on the Naira.com menu following integration with platforms of Financial Institutions and other entities providing you with specified services. Such functionalities may give you limited access to platforms of the financial institution or other entities. By using such functionality to gain access to other platforms, you hereby agree to indemnify Chamsswitch against and hold Chamsswitch harmless from any losses arising from access to such external platforms.
In event of any review of our business plans, technical, public interest or operational reasons, changes within the industry, recommendation from regulatory bodies or similar events, Chamsswitch may vary Terms and Conditions or policies affecting usage and shall notify you of such changes through appropriate means. Your continued usage of Naira.com service shall be deemed to be acceptance of all such varied terms and conditions or policies.
You are responsible for the payment of all applicable fees associated with using any product on Naira.com as contained in the applicable fee section of various products.
All fees are deductible at source and are subject to change at any time at Chamsswitch's discretion.
Except as may otherwise be notified, fees are inclusive of all applicable taxes including Value Added Tax at the applicable rates.
We take utmost precautions to ensure your personal information are protected. We follow Industry best practices to restrict misuse or unauthorised disclosure.
Your credit card information used for transactions on this platform is encrypted. There is no fool proof method of security but we follow Payment Card Industry Data Security Standards ensuring industry standards are met.
SUSPENSION, TERMINATION & FREEZING
Chamsswitch reserves the rights at its sole discretion to suspend or terminate the agreement if you use Naira.com account for unauthorised purposes.
Chamsswitch may be compelled by law to suspend and or freeze your Naira.com Account or decline to execute your transaction request if there are reasonable grounds an account has been or is being or may be used in connection with any criminal or fraudulent activity.
You may request your account to be closed by giving a written e-mail notice to: email@example.com