Terms of Service
IT IS IMPORTANT THAT YOU READ THROUGH THESE TERMS OF USE CAREFULLY, BEFORE USING THE WEBSITE/APPLICATION (the “SITE”). IF YOU DO NOT ACCEPT THESE TERMS, YOU SHOULD NOT CLICK ON “I AGREE”. PLUMTER RECOMMENDS THAT YOU PRINT OUT THE TERMS OF USE BEFORE AGREEING TO THEM, TO MAKE SURE YOU ACCEPT THEM WITHOUT RESERVATION. IF YOU USE THIS SITE IN ANY WAY WHATSOEVER, YOU ARE AGREEING TO ADHERE TO THESE TERMS OF USE, WHICH CONSTITUTE A CONTRACT BETWEEN PLUMTER AND YOURSELF.
These Terms and Conditions (the “Terms”) set forth the rights and responsibilities of visitors and customers that use the website, services, application programming interfaces (APIs), products, and platform relating to services (collectively, the “Services”) made available by Plumter Limited and its affiliates (“Company,” “We,” “Our” or “Us”). Please read these Terms carefully. If you do not agree to these Terms, please do not use the Services. If you are using our Services, you are agreeing to be bound to these Terms as a customer and you represent and warrant that you have the authority to agree to these Terms. In that case, “you” or “User” or “your” will refer to your business organization in these Terms.
DEFINITIONS
“Third Party” shall mean any individual, association, partnership, firm, company, corporation, consultant, Subcontractor, or a combination thereof, including joint ventures, that is not a party to this Agreement.
“User” shall mean any registered and accredited business or organization by Plumter to operate and use the Plumter Account.
“User Data“ shall mean any data, information, documents, or materials submitted by the User to the Company prior to or during the use of the Site
Virtual Account” shall mean the wallet account which shall be created by Plumter, domiciled with Plumter’s banking partner for the benefit of the User upon Plumter’s approval of the User’s request to create a profile on its platform.
- SCOPE
- The Terms define the conditions under which the User will access and utilize the Services. Any use of the Site by the User entails the latter’s full and unreserved acceptance of this Terms. The User accepts these Terms, acknowledges having reviewed them in their entirety, and therefore waives any ability to invoke contradictory documentation.
- Plumter may modify the Terms at any time. The relationship between the Parties will always be governed by the most recent version of the Terms on the date of the User’s access and use of the Site. In the event that these Terms are modified, the User will be asked to agree to the new terms and conditions, which will be applicable as from the date of that acceptance.
- ACCOUNT CREATION
- Before using the Services, you must: (a) accept and agree to these Terms and our Privacy Policy; (b) register with us on the Site and create an account (“Account”); (c) be duly registered under the relevant and applicable laws in your jurisdiction. When you register for an Account, you will be required to provide information that will allow us to verify your business and the identity and/or the information of its promoters (“User Information”), including but not limited to:
- Registration documents
- a valid physical address, phone number of the
- bank account information
- a copy of the photo identification promoters
- tax identification information.
- email address
- You may also be required to provide additional information or documentation to allow us to verify your business and/or your Account information. We reserve the right to verify the information you provide against third-party databases or other sources and you authorize us to make such inquiries.
- The Services will provide metadata and other context for the reporting of payments initiated via Services API or web platform, available via API, web, or CSV download. You are granted a limited, non-exclusive, non-transferable, non-sublicensable, revocable right to use such reporting for your internal business analysis purposes only, and for no other purpose.
- Upon your registration on the Site, you will obtain your login details as provided by you to enable you to access the services. The Site is accessible by you by entering the Username and Password (“Login Details”). In order to ensure optimal security of your account, we may request that you set up additional security verification protocol which include a Two Factor Authentication. We may also request access to track your login location or track your device in order to enhance the safety of your account.
- Upon successful registration and provision of required documents, Plumter shall review your application and notify you whether your application is successful or rejected. Your application may be rejected in the event where you are unable to submit the required KYC verification details or for any other reason which may or may not be communicated to you.
- Where your application is successful, we will create a Virtual Account for you which might be domiciled with our partner bank. You hereby grant us the authority to share your User Information with our partner bank. Upon creation of your Virtual Account, you will be required to fund the Virtual Account from time to time for the purpose of your transaction on our Platform. You will be able to add more than one user from your organization and access levels for each user will depend on your preference.
- You understand and agree that Plumter is not a bank and monies deposited into the Virtual Account will not be deemed as saving and as such will not in any circumstance attract interest. You also understand that the funds held in your Virtual Account are not insured with FDIC, NDIC or any other Insurance institution. Where you decide to withdraw from your Virtual Account in a currency different from the currency in which the fund is being held, you agree that such disbursement will be made at the prevailing parallel market rate.
- PAYMENT NOTIFICATION
- Plumter will update the User on the status of its payment made via the platform; once a transaction is completed, Plumter will send out an email to notify you of such completion. Plumter will also provide receipts (either via email or the Virtual Account dashboard in a format that you can download). The payment’s status of your transaction will also be updated to “Failed” if for some reason the payment wasn’t completed successfully. Please note that because Plumter successfully acknowledges a payment process doesn’t mean it has been successfully received by the recipient. Plumter will not be responsible for any errors by you in respect of the accuracy of recipient account details and charges from recipient banks nor will Plumter be responsible for the failures or mistakes that may occur as a result of the activities third party processors, partners banks, intermediary banks or recipient banks. Plumter will also not be responsible for the transaction charges if monies are refunded.
- ACCOUNT SECURITY
- The User is given dedicated, secure access to their account using their Login Details. The User is responsible for the password, chosen by them at the time of registration, and undertake
Company
Business
- Business accounts
- CAC Registration
- Management tools
Developers
Disclaimer:Disclaimer: Vant operates as a financial technology company and does not provide banking services or hold depositor funds. All financial transactions facilitated by Vant are conducted in partnership with licensed financial institutions in their respective jurisdictions. Vant does not engage in traditional banking activities. By accessing or using Vant’s website and services, you acknowledge and agree that Vant is not a bank, and all services are provided through third-party partners.
Vant is a trade name of Advant Capitol Ltd, a private limited company incorporated in Nigeria. In the United States, Vant is registered as Vant Inc. in the state of Delaware. Vant is a licensed money lender and a licensed Multi-purpose cooperative society in Nigeria.
Vant Inc is a registered MSB with FinCEN United States(USA). Deposits are FDIC insured through our banking partners.
Vant™️ is a registered trademark representing proprietary financial management software solutions. This trademark ensures the integrity, authenticity, and exclusivity of Vant’s offerings while underscoring its commitment to providing secure and reliable financial technology services.
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