DAPY PLATFORM LIMITED
TERMS AND CONDITIONS OF SERVICE
Effective Date:

These Terms and Conditions (the "Agreement")govern your use of the DAPY APP mobile and web-based services (the"Service") provided by DAPY Platform Limited ("DAPY,""we," "us," or "our"). By registering an accountor using the Service in any way, you agree to be bound by this Agreement.

1. DEFINITIONS

• DAPY:     DAPY Platform Limited, a duly registered Nigerian fintech company powered     by Kredi mfb  offering Earned Wage     Access (EWA) and related payroll-based financial services in accordance     with the laws of the Federal Republic of Nigeria.
• User:     Any individual, employee or beneficiary accessing DAPY's platform and     services.
• Employer:     A legally registered entity that partners with DAPY to enable EWA for its     employees.
• EWA     (Earned Wage Access): A lawful arrangement enabling workers to access     accrued wages prior to their employer’s designated payday, based on time     already worked.
• Wallet:     A virtual account or mobile wallet, maintained by DAPY and its financial     partners, into which earned wages are disbursed.
• Partner     Bank: A Central Bank of Nigeria (CBN) licensed financial institution     providing settlement, escrow and wallet services.

2. ELIGIBILITY

To use DAPY, you must:

• Be at     least 18 years old.
• Be a     lawful resident or citizen of Nigeria.
• Be in     active employment with a DAPY-recognized employer.
• Successfully     complete identity verification (BVN, valid ID, Selfie/KYC process).
• Consent     to AML/CFT checks as required by CBN and EFCC.

3. ACCOUNT CREATION

• Registration     requires accurate data including full name, mobile number, BVN and     employment details.
• You     are fully responsible for your account credentials and activities.
• DAPY     may restrict or revoke access if false or misleading data is provided.

4. HOW EWA WORKS

• EWA     is not a loan. It is a structured payroll benefit offered by employers.
• The     eligible amount is determined by your days/hours worked, updated automatically     via DAPY platform or  periodically     by your employer.
• Upon     request, DAPY transfers a portion of your earned wage to your wallet.
• On     payday, your employer remits the exact amount accessed back to DAPY,     directly from your gross salary.

5. FEES AND CHARGES

• A     fixed processing fee is applied per EWA transaction. No interest or     compound cost applies.
• All     charges are transparently disclosed before disbursement.

Withdrawal Range

DAPY reserves the right to adjust fees with a minimum of 7days’ notice.

6. REPAYMENT TERMS

• Repayments     are collected automatically on payday via salary deduction.
• You     authorize your employer and DAPY to coordinate these deductions under this     Agreement.
• Any     failed recovery may result in delayed access to subsequent EWA or     third-party reporting.

7. DISBURSEMENT

• Disbursements     are routed through regulated wallets or directly to your NUBAN bank     account.
• Processing     times may vary, and DAPY disclaims delays attributable to third-party     processors.

8. DATA PROTECTION & PRIVACY

• All     data is processed per the Nigeria Data Protection Regulation (NDPR).
• Your     data may be shared with:
   
  • Your      employer (for payroll integration);
   
  • Our      CBN-licensed partner bank;
   
  • Licensed      credit bureaus (e.g., CRC, FirstCentral);
   
  • Regulatory      or law enforcement agencies as required.

DAPY APP will not sell, commercialize or use your datawithout your consent.

9. CREDIT REPORTING

• EWA is     not a loan and should not affect credit score.
• However,     repeated defaults or attempted fraud may be flagged with authorized credit     reporting agencies.

10. ACCEPTABLE USE POLICY

You must not:

• Falsify     employment data or impersonate others.
• Use     the service for fraud, laundering, or suspicious financial flows.
• Interfere     with or reverse engineer DAPY systems. Violation may lead to legal action,     account closure, and regulatory reporting.

11. SERVICE AVAILABILITY

• Service     is conditional on continued employment and employer participation.
• If     your employment or employer partnership ends, access to EWA may cease.

12. ACCOUNT TERMINATION

• You     may close your account at any time.
• DAPY     may suspend or terminate accounts found to be in breach of law,     misrepresentation, or fraudulent conduct.
• Outstanding     balances shall be recovered from salary or through formal collection     procedures.

13. LIABILITY & DISCLAIMER

• DAPY     is not a lender and EWA does not constitute a credit product.
• DAPY     is not liable for errors caused by employer data input or bank processing.
• Use     of the service is at your own discretion and risk.

14. INTELLECTUAL PROPERTY

• The     DAPY brand, content, software, and systems remain the exclusive property     of DAPY Platform Limited.
• Unauthorized     use or replication is prohibited.

15. SUPPORT & REDRESS

• All     complaints or inquiries must be sent to support@dapy.io
• Responses     shall be issued within 48 working hours.

16. MODIFICATIONS

• These     terms may be updated periodically.
• Continued     use of the platform constitutes your agreement to the latest version.

17. DISPUTE RESOLUTION

• This     Agreement shall be governed by Nigerian laws.
• Any     dispute not resolved amicably shall be referred to arbitration in Lagos     under the Arbitration and Conciliation Act.

18. FORCE MAJEURE

DAPY is not liable for service failures arising from forcemajeure events such as power failures, labour unrest, cyber attacks, naturaldisasters, or regulatory orders.

19. ENTIRE AGREEMENT

This document constitutes the entire legal agreement betweenthe user and DAPY.

20. USER-FRIENDLY SUMMARY (FOR NON-LEGAL USERS)

• DAPY     lets you access part of your salary early.
• You     only pay a fee , not interest.
• No loans, no debt, no late repayment     risks.
• Your     employer works with us, you don’t act alone.
• Your     data is protected under NDPR.

DAPY PLATFORM LIMITED
RC [8423804] | Regulated by CBN | NDPR Compliant

Website: [www.dapy.io]Support: support@dapy.io