Terms of Service

1. Acceptance

By using OasisPay, you agree to these Terms of Service.

2. About OasisPay

OasisPay is a technology platform operated by Oasis-net Solutions Limited.

OasisPay provides:

Payment collection tools Virtual account infrastructure Merchant dashboards Settlement tools Payout tools APIs Reporting and reconciliation services

OasisPay is not a bank.

OasisPay does not operate as a Mobile Money Operator (MMO).

Certain regulated financial services available through OasisPay are provided through licensed financial infrastructure partners, including Pagatech Limited (Paga), banks, and other regulated service providers.

3. Merchant Responsibilities

Merchants must:

Provide accurate information Complete KYC and KYB requirements Comply with AML requirements Comply with all applicable laws 4. Fees

Current standard fees:

Virtual Account Collections

2.0% (1.5% + 0.5% platform fee) + N100 (waived for transactions under N2500, minimum fee N35) per successful transaction capped at NGN 2,000.

Checkout Collections

2.5% (2.0% + 0.5% platform fee) + N100 (waived for transactions under N2500, minimum fee N35) per successful transaction capped at NGN 2,500.

Settlement

NGN 150 per settlement.

Payout

NGN 150 per payout.

Fees may be updated with prior notice.

5. Prohibited Activities

You may not use OasisPay for:

Fraud Money laundering Terrorism financing Sanctions violations Illegal goods and services Unauthorized financial services 6. Suspension

OasisPay may suspend or terminate accounts where fraud, regulatory concerns, risk concerns, or violations of these Terms are identified.

7. Limitation of Liability

To the maximum extent permitted by law, OasisPay shall not be liable for indirect, incidental, consequential, or special damages.