In these Terms, the following terms shall have the meanings ascribed to them:

• ‘Embedly/Platform’ refers to the suite of infrastructure products and APIs offered by Sterling Bank Ltd under Embedly.
• ‘Embedly/Platform’ refers to any individual, business, or entity that accesses or uses the services provided through Embedly.
• ‘Services’ include, but are not limited to, wallet creation, card issuance, payout APIs, and any other financial infrastructure services offered through the Platform.

You agree to use Embedly only for lawful purposes and in accordance with these Terms. You are solely responsible for all actions and activities that occur under your account, and you must not misuse the Platform or attempt to access areas of the system that you are not authorized to access.

To access and use the Platform, you must be at least 18 years old and have the legal capacity to enter a binding contract. If you are using the Platform on behalf of an organization, that organization must be duly registered and authorized to operate within the jurisdiction in which it is based.

As a user of the Platform, you agree that:

• It is your sole responsibility to keep your Embedly account safe: Security Details, PIN and any part of your account security should not be shared with anybody else or carelessly stored or disclosed under any circumstance.
• If you leave your electronic access device without logging out, write your PIN down in a public space or share your details with anybody, we will not be liable for any errors, or results that may come of it.
• We will always use all reasonable efforts to keep the App and service safe, and your security settings will help us narrow it further down. However, if these issues arise due to carelessness with any part of your account security, there is very little we can do, and we will be relieved of any liability as regards the occurrence of a breach
• If you believe or reasonably suspect that there is a fraudulent act, we haven't caught it is your duty to notify us immediately. We will then investigate and report back to you through the most secure channel you provide to us.
• You are required to change your security options if you believe any part of your security has been compromised.
• Where you notify us of your intention to change your password, PIN or security options, we will, with your approval, delete these details and allow you set up new ones.
• After initial sign up, we will not contact you (or ask anyone to do so on our behalf) with a request to disclose your log in details or transaction password/PIN. If you receive any such request from anyone (even if they are using our name and logo and appear to be genuine) then it is likely to be fraudulent and you must not provide your log in details to them under any circumstances. Also, you should report any such request to us immediately.
• Comply with all applicable laws and regulations, including data protection laws, anti-money laundering regulations, and any other laws governing financial services in your jurisdiction.
• Not engage in any unlawful or fraudulent activity through the Platform or misuse the services in any way

Embedly offers a variety of financial infrastructure services, including but not limited to:

• Wallet Creation: We enable the creation of wallets through Sterling Bank.
• Payout Services: Facilitate transfers in and out of wallets, enabling businesses to make payments to customers or suppliers.
• Card Issuance: Embedly provides access to physical or virtual cards through a Cards-as-a-Service model.
• API Access: Embedly Developers and businesses can integrate with Embedly's API endpoints to build seamless financial products.

You have the right to deactivate or permanently close your account at any time. If you wish to close your account, please contact us using the information provided in the "Contact Us" section. Upon account closure, you will no longer have access to the services provided through the Platform, and all outstanding balances and obligations will remain due.

• The Platform may be under constant upgrades, and some functions and features may not be fully operational during periods of upgrade or software maintenance.
• We disclaim any liability arising due to the vagaries that can occur in the electronic distribution of information.
• You acknowledge that third party services may be available on the Platform. We may have formed partnerships or alliances with some of these third parties from time to time in order to facilitate the provision of certain services to you. However, you acknowledge and agree that at no time are we making any representation or warranty regarding any third party's services, nor will we be liable to you or any third party for any consequences or claims arising from or in connection with such third party including, and not limited to, any liability or responsibility for, death, injury or impairment experienced by you or any third party. You hereby disclaim and waive any rights and claims you may have against us with respect to a third party's services.
• We do not, in any way, endorse any information or service offered or described on the Platform. In no event shall we be liable to you or any third party for any decision made, or action taken in reliance on such information.
• You assume all responsibility and risk with respect to your use of the Platform. The services are provided and available "as is," and "as available". You understand and agree that, to the fullest extent permitted by law, we disclaim all warranties, representations and endorsements, express or implied, with regard to the Platform, including, without limitation, implied warranties of title, merchantability, non-infringement and fitness for a particular purpose.
• We do not warrant use of the Platform will be uninterrupted or error-free or that errors will be detected or corrected. We do not assume any liability or responsibility for any computer viruses, bugs, malicious code or other harmful components, delays, inaccuracies, errors or omissions, or the accuracy, completeness, reliability or usefulness of the information disclosed or accessed through the services.
• In no event, under no legal or equitable theory (whether tort, contract, strict liability or otherwise), shall we or any of our respective employees, directors, officers, agents or affiliates, be liable hereunder or otherwise for any loss or damage of any kind, direct or indirect, in connection with or arising from the use of the Platform/ services or our agreement with you concerning the services, including, but not limited to:
  1. the use of or inability to use the Platform, the service, or the content,
  2. any transaction conducted through or facilitated by the Platform.
  3. any claim attributable to errors, omissions, or other inaccuracies in the Platform, the service and/or the content,
  4. unauthorized access to or alteration of your transmissions or data, or
  5. any other matter relating to the Platform or the service and any compensatory, direct, consequential, incidental, indirect, special or punitive damages, lost anticipated profits, loss of goodwill, loss of data, business interruption, accuracy of results, or computer failure or malfunction, even if we have been advised of or should have known of the possibility of such damages.

• Whilst we use our best endeavor to ensure the Platform and Services are available optimally, we make no warranty that any part of the Platform will operate uninterrupted or error free and we accept no liability for loss or damage caused from any interruption or error on any part of the Platform.
• We neither warrant that the operation of the Platform or any ancillary products or services will operate without interruption, be entirely error-free, or be completely secure against fraud or failures. We however commit to use our best endeavors to ensure that the Platform operate securely and efficiently, in accordance with best industry standards.
• We will also not be liable for any failure to provide Services, in part or full, due to abnormal or unforeseen circumstances beyond our control, the consequences of which would have been unavoidable despite all efforts to the contrary. This includes but is not limited to network failures, or in the case of mobile networks, when you are in not in an area of mobile coverage
• We reserve the right to remove a service from the Platform with no obligation to give advance notice, and we shall not be liable for losses, costs or expenses arising from any such refusal or removal. You assume the risks associated with the use of the Platform.

While we take measures to protect your data, it is also important that you take responsibility for maintaining the confidentiality of your account credentials, including passwords and security questions. You should promptly notify us of any unauthorized access or use of your account.

• Your use of the Platform,
• Your violation of these Terms,
• Your breach of applicable laws,
• Any fraudulent, negligent,
• or willful misconduct.

If you have any questions or concerns about these Terms, please feel free to reach out to us:

• Email: hello@embedly.ng
• Phone: +234 707 550 1198