Merchant Agreement

Merchant Onboarding

All merchants must complete:

KYC verification KYB verification Bank account verification

Approval is subject to risk, compliance, and operational review.

Settlements

Settlements are processed according to the merchant's configured settlement schedule.

OasisPay may delay, suspend, or review settlements where fraud, compliance, operational, or regulatory concerns arise.

Refunds

Merchants remain responsible for refunds, disputes, and customer complaints relating to their products and services.

Reserves

OasisPay may place temporary reserves or holds where required to manage risk.

Compliance

Merchants must comply with:

AML requirements KYC obligations Nigerian laws Regulatory requirements