Terms and Conditions

By accessing or using LiraPurse, you agree to comply with these Terms and Conditions and our Privacy Policy. If you don't agree, please don't use LiraPurse. In these terms, "LiraPurse", "we", "us" and "our" mean the operator of the LiraPurse service, and "you" means the person using it.

LiraPurse has not launched yet. Joining the waitlist doesn't open an account or guarantee that you will be given one. LiraPurse for Businesses is not available yet, and these terms cover personal accounts. Separate terms may apply to business accounts when they open.

To open an account, you must:

• Be at least 18 years old and legally able to enter into this agreement.
• Have a valid Bank Verification Number and pass our identity checks.
• Use the account for yourself, and hold only one personal account.
• Not be barred from using financial services by any law or sanction.

You must provide accurate information during registration and keep it up to date. You are responsible for maintaining the confidentiality of your account details, including your password, transaction PIN and one-time passcodes, and for keeping your phone secure.

Never share these details with anyone, including anyone who claims to work for LiraPurse. We are entitled to treat instructions given with your PIN, biometrics or login as coming from you.

If you think someone else has access to your account, or you lose your phone, contact us immediately at support@lirapurse.com. Tell us as soon as you notice a transaction you didn't authorize.

We must verify who you are. Some or all features may be unavailable until you add your BVN and complete a face check. We may ask for more information at any time when the law or our risk checks require it, and we may decline an application or restrict an account if verification can't be completed.

LiraPurse provides financial services through secure digital systems and through third-party payment, banking, identity and digital asset partners. Depending on your location, verification level and availability, the app lets you:

• Hold a Naira wallet and receive money through a personal account number.
• Add money by bank transfer or with a linked debit card.
• Cover a payment that is more than your wallet balance by approving a charge to your linked debit card for the difference.
• Send money to other LiraPurse users and to bank accounts.
• Pay and get paid with QR codes, and request money from other users.
• Buy airtime and data, and pay for electricity, cable TV and other bills.
• Receive and hold USDT, and swap between USDT and Naira.
• Find and pay nearby users with Discover LiraPurse, if you choose to turn it on.
• Refer friends and earn rewards.

We may add, change or remove features over time.

Transactions are subject to applicable fees, limits, and regulatory requirements. We show any fee that applies to a transaction before you confirm it. By confirming, you agree to pay it. Limits may depend on how far you have verified your account and may change over time.

• Check the details before you confirm. You are responsible for the account number, phone number, meter number, or wallet address you enter.
• Once a payment is processed, it usually can't be cancelled. If you send money to the wrong person, we will make reasonable efforts to help, but we can't promise to get it back.
• Payments may be delayed or declined because of our checks, our partners, or the banking and telecoms networks. If a payment fails after your wallet was debited, we will investigate it and return any money that is due to you.
• If money is credited to your wallet by mistake, it doesn't belong to you. We may reverse it, and you must not spend it.
• Your LiraPurse balance can only be used as these terms allow. A payment and its fees must be covered by your wallet balance or, if you approve it, by your wallet balance together with a charge to your linked debit card for the difference. We never charge your card for a shortfall without your approval.

If something looks wrong on your account, email support@lirapurse.com as soon as possible with the transaction details. We will look into it and tell you the outcome.

If you use USDT features, you accept these risks:

• The value of digital assets can change, and a stablecoin can lose its peg. We don't guarantee the value of USDT.
• We show you the rate for a swap before you confirm. Once you confirm, the swap can't usually be undone.
• Deposits must be sent to the correct address on the correct network. Funds sent to a wrong address or over the wrong network may be lost permanently, and blockchain transactions can't be reversed.
• Digital asset services are provided with third-party partners, and availability may change, including because of changes in the law.

Nothing on LiraPurse is financial or investment advice. Your tax obligations are your own responsibility.

You may earn a reward when someone you refer signs up with your code and meets the qualifying activity shown in the app. Reward amounts and qualifying conditions are shown in the app and may change, or the programme may end, at any time. We may withhold or reverse rewards earned through fake accounts, self-referrals or other abuse.

You must not use LiraPurse to:

• Break any law, or for fraud, scams, money laundering, terrorist financing or to evade sanctions.
• Open an account with false details or someone else's identity, or let anyone else use your account.
• Receive or move money that you know or suspect comes from crime.
• Harass, deceive or harm other users, or misuse information you get through Discover LiraPurse or other features.
• Interfere with, reverse engineer or try to get unauthorized access to our systems.
• Abuse rewards, promotions, chargebacks or errors in the service.

We may suspend, restrict or close your account, hold funds, or delay or decline a transaction when we reasonably believe it is necessary to comply with the law or a regulator's or court's order, to protect you or others from fraud or harm, or because you have broken these terms. We may also report suspicious activity to the authorities. Where the law allows, we will tell you and explain what you can do next.

You can delete your account in the app at any time. Please withdraw your balance first, or contact us if you need help getting it out. Any transactions already in progress and any money you owe us remain your responsibility. We keep certain records after closure, as explained in our Privacy Policy.

Some parts of LiraPurse rely on partners and on banks, telecoms networks, biller companies and blockchain networks that we don't control. Their own terms may also apply. Names and logos of other companies appear in the app and on our website only to show which services you can pay for. They remain the property of their owners and don't mean those companies endorse LiraPurse.

The LiraPurse name, logo, app, website and content belong to us or our licensors. We give you a personal, non-transferable licence to use the app for its intended purpose. You must not copy, resell or misuse them.

We work to keep LiraPurse running, but we do not guarantee uninterrupted access at all times. The service may be unavailable because of maintenance, faults, or events outside our control. LiraPurse reserves the right to update, suspend, or discontinue any part of the service at its discretion. Where we can, we will give you reasonable notice of major changes.

We provide LiraPurse with reasonable care and skill. Otherwise, and to the extent the law allows, we provide the service as it is, without other promises. We are not liable for:

• Losses caused by you sharing your login, PIN or passcodes, or by entering wrong payment details.
• Delays or failures caused by third parties or events beyond our reasonable control.
• Changes in the value of digital assets.
• Indirect or consequential loss, or loss of profit or opportunity.

Nothing in these terms limits any liability that can't legally be limited, including for fraud, or takes away your rights under the Federal Competition and Consumer Protection Act 2018 or other consumer protection laws.

We may update these terms from time to time. We will change the date at the top of this page and tell you in the app or by email about significant changes. Continued use of the platform constitutes acceptance of any updates to these terms. If you don't agree, you can stop using LiraPurse and close your account.

These terms are governed by the laws of the Federal Republic of Nigeria. If you have a complaint, please contact us first so we can try to resolve it. If we can't, the dispute may be taken to the courts of Nigeria. This doesn't affect your right to complain to a regulator.

For help or questions about these terms, email support@lirapurse.com.