Welcome! Thanks for visiting Elotpayment website, the NO 1 e-currency exchanger in Nigeria, own by Elot Payment Systems, a company registered with the CAC. By signing up to Elotpayment and opening an account, you are agreeing to enter into this user agreement (the “User Agreement”) by and between you and Elot Payment Systems, and be legally bound by its terms and conditions, so please read them carefully. Please also note that there may be specific terms or conditions applicable to you as a user in a given jurisdiction, as detailed herein. If any term or condition of this User Agreement is unacceptable to you, please do not visit, access, or use Elotpayment. Use of the words “we” or “our” in this User Agreement refers to Elot Payment Systems and any or of its affiliates.
Any information (s) we collect from you is for the sole use of identifying and providing you with quality service. We will neither lend nor sale out any of your personal details nor use it for any other activity outside serving you.
However, we will comply fully with the law if we are demanded to provide any details about you which is within our reach.we collect information from you when you register on our site, place an order, subscribe to our newsletter or fill out a form.
When ordering or registering on our site, as appropriate, you may be asked to enter your: full name, e-mail address, mailing address, phone number.
USING OUR SERVICES
By signing up to Elotpayment and opening an account, you have affirmed that you are at least 18 years old, have the legal capacity to enter into this User Agreement by and between you and Elot Payment Systems, and agree to be legally bound by the terms and conditions of this User Agreement in their entirety.We offer our services to only Nigerians resident in Nigeria or abroad. Our service is available to registered and verified customers only. Any deposit made to our bank account without following due process as contain in the users member area will not be treated. Such customer will be forced to register and verify an elorpayment account before funding.
We may not refund, Please be informed! All transactions are concluded within 0 - 24 hours maximum, mosttime its instant but If there is any delay in your account funding or withdrawal, you should endeavour to get in touch with our support department on the contact information listed on our contact page.We pay cash for the exact amount of the E-currency amount we receive into our E-currency account. Please take notice of this, you are the one to bear the receiving fund fee at a particular time you make a spend to us.
By logging into your account, you are agreeing to enter into this amended User Agreement by and between you and Elot Payment Systems, and be legally bound by its terms and conditions, including any of its changes. Among other things, this means that, if you log into your account and use Elot Payment Systems after a revision to this User Agreement, transactions that you or others have already undertaken, and benefits, such as Account Termination and Account Remedies for Breach sections.
You should, therefore, read this User Agreement from time to time, and we have the right to require your affirmative assent and continuing acceptance of this User Agreement, from time to time, as a condition of logging into Elot Payment Systems. If you do not agree to be legally bound by this User Agreement and all of its terms and conditions (as amended from time to time), you should not log into your account or use Elot Payment Systems. Should you disagree to this User Agreement (including any changes or amendments), please review the Account Closure section to close your account.
As used herein, “Digital Asset” means a digital asset (also called a “cryptocurrency,” “virtual currency,” “digital currency,” or “digital commodity”), such as bitcoin, Perfect Money or ethereum, which is based on the cryptographic protocol of a computer network that may be (i) centralized or decentralized, (ii) closed or open-source, and (iii) used as a medium of exchange and/or store of value
You are only permitted to access your Elotpayment Account using your User Account login credentials and other required forms of authentication. We require multi-factor authentication to keep your User Account safe and secure. As a result, you are required to use at least two forms of authentication when accessing your User Account and performing certain operations in your Elotpayment Account. Forms of multi-factor authentication in addition to your login credentials may include verification tokens delivered through short message service (“SMS”) or a specified and supported two-factor authentication (“2FA”) application.
If you choose to install and use a 2FA application on a device (e.g., phone or tablet) on which the operating system has been tampered with in any way, you do so at your own risk. This includes, but is not limited to, a “rooted” (Android) or “jailbroken” (iOS) device. We reserve the right in our sole discretion to prohibit access from or by any device on which the operating system has been or is suspected of having been modified or tampered with. You agree that we may provide your 2FA data to a third-party service provider in order to help us authenticate you.
You agree that your User Account login credentials and other required forms of authentication, where applicable, have been chosen by you, when applicable. You, therefore, agree to keep your User Account login credentials and other required forms of authentication.
You may require your account to be closed at any time. Closing an account will not affect any rights and obligations incurred prior to the date of account closure. You may be required to either cancel or complete all open orders and, in accordance with the provisions of this User Agreement.
You acknowledge and agree that we have the right to immediately (i) suspend your account and all accounts beneficially owned by you and any members of your household or for which you are a representative or authorized signatory and, in the case of entities, any affiliates (each, a “Related Account”), and (ii) suspend your access to Elotpayment, until a determination has been made, if we suspect, in our sole discretion, any such accounts to be in violation of:
Any provision of this User Agreement;
Any Applicable Laws or Regulations;
Our AML Program; or
Our Marketplace Conduct Rules,
at any time since the opening of such account or Related Account (each, a “Conduct Violation”).
You further acknowledge and agree that we have the right to immediately (i) suspend your account and any Related Account, (ii) suspend your access to Elotpayment until a determination has been made, if:
We are required to do so by a regulatory authority, court order, facially valid subpoena, or binding order of a government authority;
The account is, or is related to any account that is, subject to any pending litigation, investigation, or governmental proceeding;
The account has a different name from where payment is coming from for orders
We believe someone is attempting to gain unauthorized access to the account;
We believe there is unusual activity in the account;
We believe you are using Elotpayment, your login credentials, or other account information in an unauthorized or inappropriate manner; or
The account has not been accessed in two years or more.
If your account has been suspended, you will be notified when accessing Elotpayment. We may, in our sole discretion, send written notice that your account has been suspended and may, in our sole discretion, disclose the reasons for suspension, if permitted to do so by law.
You acknowledge and agree that we have the right to terminate any account at any time and for any reason. You further acknowledge and agree that we have the right to take all necessary and appropriate actions pursuant to this User Agreement and/or Applicable Laws and Regulations