AZINONET LIMITED WEBSITE TERMS OF USE

Welcome to Azinonet! This Website is operated by Azinonet Limited. These Terms of Use sets forth the terms and conditions under which you are authorized to use our website. Please read these Terms of Use carefully before agreeing to them as they serve as a legally binding agreement between you (“The User”) and Azinonet Limited. Your access to and use of the Platform by way of any Device is conditioned on your acceptance of and compliance with the provisions of this Terms of Use.

Related Property: Our website address is: https://azinonet.com.

PLEASE NOTE: YOU MUST BE ATLEAST 18 YEARS OF AGE TO USE OUR WEBSITE. THAT BY USING OR ACCESSING OUR SERVICES, YOU AGREE THAT YOU HAVE READ, UNDERSTOOD AND HAVE AGREED TO BE BOUND BY THESE TERMS. IF YOU DO NOT AGREE TO THESE TERMS, AZINONET IS NOT WILLING TO PROVIDE YOU WITH ACCESS TO OR USE OF OUR SERVICES.

DESCRIPTION OF THE AZINONET PLATFORM

Azinonet is an economic growth network that operates a unique digitalized cooperative system that allows people to grow finance conveniently. Azinonet operates a unique digitize and automated contributions system known in Nigerian local languages as Esusu. As an upgrade to the Nigerian traditional Esusu system we provide varied cooperative saving options to our members as seen on our website. We also provide our members with the opportunity to buy several goods on our platform and deliver the goods to them as fast as possible.

MY AZINONET ACCOUNT OPENING & KYC REQUIREMENTS

In order to use our services, you will need to Sign up for an account on our website. To get a My Azinonet Account you will need to find a sponsor within our community as all New members can only join our saving platform through the invitation of an existing member and use their ID to sign up for an account by clicking on the Signup button on the website. However, to shop wears and other items on our sales page, you do not need to sign up for an account simply select the item you wish to buy, add to cart and make payment. Note that payments can be made by using your debit card or by bank transfer.

 

When you set up an account on https://my.azinonet.com/, you will be required to login with your email and password. In creating an account, you agree to the following:

(a)Create only one account using your Full names, Phone Number, Email address, your government approved means of identification and your bank verification number.; (b) provide accurate, truthful, current and complete information; (c) keep your information updated and accurate; (d) protect your password and access to your account; (e) notify us if you discover or otherwise suspect that the security of your account has been compromised or breached; and (f) take responsibility for all activities that occur under any account registered to you and accept all risks of unauthorized use of the account.

Please note that if Azinonet believes the information you provide is not correct, current, accurate or complete, Azinonet has the right to deny you access to the Services, or to any of its resources, and to terminate or suspend your access and use at any time without notice to you. Your account, username, and password are for your personal use only. You are solely responsible for maintaining the confidentiality of, and are responsible for all activities that occur under your account, username and password, and any other information that may be used to access your account. You are solely responsible for all use of the services in connection with your account, including compliance with these Terms, and will be fully liable for all costs, fees, liabilities or damages incurred through the use of your account and any transactions completed through your account.

You agree to indemnify, defend and hold Azinonet Limited and its subsidiaries, affiliates, officers, agents, and employees harmless from and against any and all claims, liability, losses, costs and expenses (including attorneys’ fees) incurred by Azinonet Limited in connection with any use or alleged use or unauthorised use of the account under your password by any person, whether or not authorised by you.

Platform Usage

(a) The platform is provided on an “as is” and “as available” basis. We do not guarantee uninterrupted access to the platform.

(b) You may use the platform only for lawful purposes and in compliance with applicable laws and regulations.

(c) We reserve the right to modify, suspend, or terminate the platform at any time without prior notice and make payments of all monies saved on the platform to all our users at the time of shutting down the platform.

SAVING PLANS, SUBSCRIPTION, WITHDRAWALS AND UPGRADES

We organize our members into different contribution groups (or ‘Boards’ as we call it) of 3 layers for the N12, 000 and N50, 000 contributions groups. For the higher contribution groups/boards of N200, 000, N500, 000 and N1, 000,000 are groups of 2 layers only. Each member becomes eligible for payout when all the members of his or her board complete their contribution to the board.

As Africa’s first and only digitized and automated Esusu network in US Dollars. For saving in US Dollars we require a one-time contribution of $10 only and have the following rounds and payout plans when you contribute in US Dollars.

Each board from round 1 to 15 comprises of seven persons each.

 

ROUND 1

$10

$36 Wallet funded

$20 Upgrade

$16 ❎ 1,500= 24,000

Your 1st cash out

 

ROUND 2

$20

$70 Wallet funded

$40 Upgrade

$30 ❎ 1,500= 45,000

Your 2nd cash out

 

ROUND 3

$40

$140 Wallet funded

$80 Upgrade

$60 ❎ 1,500= 90,000

Your 3rd cash out

 

ROUND 4

$80

$280 Wallet funded

$160 Upgrade

$120 ❎ 1,500= 180,000

Your 4th cash out

 

ROUND 5

$160

$570 Wallet funded

$320 Upgrade

$250 ❎ 1,500

=375,000

Your 5th cash out

 

ROUND 6

$320

$1,140 Wallet funded

$640 Upgrade

$500 ❎ 1,500 =750,000

Your 6th cash out

 

ROUND 7

$640

$2,280 Wallet funded

$1,280 Upgrade

$1,000 ❎ 1,500 =1,500,000

Your 7th cash out

 

ROUND 8

$1,280

$4,560 Wallet funded

$2,560 Upgrade

$2,000 ❎ 1,500 =3,000,000

Your 8th cash out

 

ROUND 9

$2,560

$9,120 Wallet funded

$5,120 Upgrade

$4,000 ❎ 1,500 =6,00,000

 Your 9th cash out

 

ROUND 10

$5,120

$18,240 Wallet funded

$10,240 Upgrade

$8,000 ❎ 1,500 =12,000,000

Your 10th cash out

 

ROUND 11

$10,240

$36,480 Wallet funded

$20,480 Upgrade

$16,000 ❎ 1,500 =24,000,000

 Your 11th cash out

 

ROUND 12

$20,480

$72,960 Wallet funded

$40,960 Upgrade

$32,000 ❎ 1,500 =48,000,000

Your 12th cash out

 

ROUND 13

$40,960

$145,920 Wallet funded

$81,920 Upgrade

$64,000 ❎ 1,500 =96,000,000

Your 13th cash out

 

ROUND 14

$81,920

$291,840 Wallet funded

$163,840 Upgrade

$128,000 ❎ 1,500 =192,000,000

Your 14th cash out

 

ROUND 15

$163,840

$ 256,000 ❎ 1,500 =384,000,000

✅ Customize Azinonet Ambassador 🚗 Car Award

 

Once you sign up on our website and subscribe to a savings plan, you will have access to a back office you can monitor your contributions and that of other members of your board. Upon payout, your money will be credited to your Azinonet Wallet which you have the option to withdraw to your personal bank account or withdraw part of it and subscribe with the rest or even upgrade your subscription plan.

Note that an application for upgrade of your current plan to a higher one can only be made after payout has been done for your current plan.

FAILED TRANSACTIONS FOR SUBSCRIPTION AND REVERSALS

In the event of a failed transaction (i.e. user has been debited for a subscription for a plan on our website, but we have not received it), please send the following details to support@azinonet.com for resolution: user’s mobile number, transaction amount, transaction date, transaction type and any other detail we would request to enable us resolve your complaint. We shall use our best endeavors to liaise with the applicable financial institution, Telecommunication Company and/or merchant to resolve your logged transaction issue and resolve it timeously.

ACCOUNT CLOSURE

You or Azinonet may close the account with written notice, subject to the terms and conditions outlined herein. Azinonet reserves the right to close an account for reasons including but not limited to non-compliance with the terms of use, suspicious/fraudulent activity, or legal/regulatory requirements.

NOTICES

Your email address and phone number supplied at the time of sign-up will be used as a means of communicating information, notices and documents to you. Any changes to such information should be sent as an email to support@azinonet.com.

SECURITY AND UNAUTHORIZED USE

• You are responsible for all transactions conducted using your computer (personal or otherwise), mobile phone, tablet or other electronic device (“Device”), payment card or account. It is your responsibility to keep all of these secure.
• All passwords must be kept secret. You are liable for all activities undertaken using your username, associated password or Device. You are responsible for maintaining the confidentiality of all Account information and keeping your Device from unauthorized use.
• We accept no liability for any unauthorized use of your Device, payment card, account or any application you use in connection with the Platform or any effects of same.
• In the event your Device has been stolen or there is an unauthorized access to your payment card or account, it is your responsibility to immediately notify your bank to restrict transactions on your card and account. Azinonet will not be liable for any fraudulent withdrawals from your Azinonet wallet which occurred due to unauthorized access to your Azinonet account details.
• In the event your Device has been stolen or there is an unauthorized access to your Azinonet account, it is your responsibility to immediately notify Azinonet and send an email to support@azinonet.com within 24 hours.
• Azinonet will not be liable for any purchases made on its website sales page with the use of stolen cards or hacked bank accounts.
• Azinonet will not be liable where it is found that monies saved on our platform was acquired by a member using fraudulent means and shall disclose to regulatory agencies where requested to all details of savings on our platform of a member where there is an allegation of fraud against such person.
• You shall ensure any application you use in connection with this Platform is Multi-factor authentication enabled.
• You are responsible for ensuring the security of any Device you use.

SUSPENSION AND TERMINATION OF ACCOUNT

We hereby reserve the right to suspend, restrict, or terminate your access to the Platform (in whole or in part) without any notice or liability in the following circumstances:

• Upon receipt of instructions from you to suspend or terminate your access to the Platform
• Upon receipt of notification from you that your Device has been lost or stolen
• If we suspect the Platform is being used for fraudulent or other illegal activities.
• If we are of the opinion that you have breached a provision contained in this Terms of Use.
• If we are of the opinion that continued access to the Platform will be detrimental to our business.

If you provide any information that is untrue, inaccurate, not current or incomplete, or if we have reasonable grounds to suspect that such information is untrue, inaccurate, not current, or incomplete.

UNACCEPTABLE USE

You shall not permit any person using your Device or account to:

• Use this Platform in a way that causes or could cause damage or restrict the availability or accessibility of the Platform;
• Store, copy, transmit, publish or distribute any computer virus, spyware, Trojan horse, worm, keystroke logger or other malicious software via this Platform;
• Conduct any fraudulent or illegal activities via the Platform;

You hereby understand and agree that if a fraudulent activity is associated with the operation of your account, we have the right to apply restrictions to your account and report to the appropriate law enforcement agencies.

PRIVACY STATEMENT

You acknowledge that by your use of the Platform, we shall be privy to and store some of your personal information (Full names, Phone Number, Email address, your government approved means of identification and your bank verification number). We shall use our best endeavors to ensure that your personal information is secure on our systems.

We may use your personal information for: providing you the service, processing transactions and sending you related information; providing, maintaining and improving our services; sending support and administrative messages to you; responding to your enquiries and requests; providing customer service; updating you on products, services, promotions, rewards, and events offered by us and third parties; and a better understanding of your needs by combining it with information collected from others with the objective of improving on our service delivery.

We may disclose any information we collect about you to third parties as set forth below: to regulatory bodies; to financial institutions; to companies, such as email service providers that perform marketing services on our behalf; to third parties to enable us provide Service to you; and if required to be disclosed under applicable law, or stock exchange regulation or by a government order, decree, regulation or rule or by a court order.

YOU HEREBY CONSENT TO THE PROCESSING, TRANSFER AND STORAGE OF YOUR INFORMATION DURING AND AFTER THE USE OF THE PLATFORM.

DATA PROTECTION

Azinonet respects your privacy and is committed to protecting your personal data. By using the Website, you acknowledge and agree that we may collect, process, and store your personal information for the purpose of your subscription, payout and providing related services. We will only collect and use your personal data to the extent necessary to fulfill these purposes and in accordance with applicable data protection laws.

We will not collect any personal data unless it is voluntarily provided by you or where permitted by law. We implement appropriate technical and organizational measures to protect your personal data from unauthorized access, disclosure, alteration, or destruction. We use industry-standard encryption protocols and secure servers to ensure the integrity and confidentiality of your data. However, please note that no method of data transmission over the internet or electronic storage is 100% secure, and we cannot guarantee absolute security.

We will use your personal data solely for the purposes stated in these terms of use and to provide you with the requested services. We may disclose your personal data to trusted third-party service providers who assist us in operating the Website and delivering our services. These third parties are contractually obligated to maintain the confidentiality and security of your personal data and may only use it in accordance with our instructions.

We will retain your personal data only for as long as necessary to fulfill the purposes for which it was collected, including any legal or regulatory requirements. Once your personal data is no longer needed, we will securely delete or anonymize it in a manner that ensures its continued protection.

You have the right to access, rectify, and erase your personal data held by us, subject to applicable laws. You may also have the right to restrict or object to the processing of your personal data or to data portability. To exercise these rights or for any inquiries regarding your personal data, please contact us using the contact information provided on the Website.

We reserve the right to modify or update this Data Protection Clause from time to time. Any changes will be effective upon posting the updated version on the Website. We encourage you to review this clause periodically to stay informed about our data protection practices.

By using the Website, you signify your acceptance of this Data Protection Clause. If you do not agree with any aspect of this clause, please refrain from using the Website.

 

COOKIES AND TRACKING TECHNOLOGIES

The Website may use cookies and other tracking technologies to enhance your user experience and collect data about your usage patterns. By using the Website, you consent to the use of cookies and tracking technologies as described in our separate Cookies Policy.

The Website may contain links to third-party websites or services. We are not responsible for the privacy practices or content of these third-party websites. We encourage you to review the privacy policies of these websites before providing any personal data.

GOVERNING LANGUAGE

The governing language of these terms and all communication between Azinonet and you will be English language.

GOVERNING LAW

These Terms shall be interpreted and governed in accordance with the Laws of the Federal Republic of Nigeria and you submit to the exclusive jurisdiction of the Courts located in Nigeria for the resolution of any dispute.

LIMITATION OF LIABILITY

In no event shall we be liable for:

1. Unavailability of the website at any time or your inability to use the website.
2. Any form of delivery or failure thereof by a financial institution, merchant or telecommunication company listed on the Azinonet website.

• Erroneous input of bank details for payout.

1. Any loss arising from any failure or delay in any mobile phone networks or internet service provider or defective Device.
2. Any special, indirect, incidental, punitive, or consequential damages, including loss of profits, however caused.

WE SHALL USE OUR BEST ENDEAVOURS TO ENSURE THE PLATFORM FUNCTIONS OPTIMALLY AT ALL TIMES AND OUR SYSTEMS ARE FREE FROM VIRUSES, HOWEVER WE CANNOT ENSURE SUCH EXCLUSION AND NO LIABILITY IS ACCEPTED FOR SAME. HENCE IT IS RECOMMENDED YOU PUT IN PLACE YOUR OWN SECURITY MEASURES. WE DO NOT WARRANT THAT THE OPERATION OF THE PLATFORM WILL BE UNINTERRUPTED NOR ERROR FREE, NOR WILL IT BE 100% FRAUD OR FAIL PROOF.WE ARE PROVIDING THE SERVICE “AS IS” WITHOUT ANY EXPRESS OR IMPLIED REPRESENTATIONS OR WARRANTIES WITH RESPECT TO THE SERVICES OR ITS CONDITION, TIMELINESS, MERCHANTABILITY, FITNESS FOR ANY PARTICULAR PURPOSE OR USE BY YOU. WE DO NOT ACCEPT RESPONSIBILITY FOR THE DELETION OR FAILURE TO STORE ANY USER COMMUNICATION, ACTIONS, CONTENT, INFORMATION, OR DATA OF THIRD PARTIES, AND YOU RELEASE US, OUR DIRECTORS, OFFICERS, EMPLOYEES, AND AGENTS FROM ANY CLAIMS AND DAMAGES, KNOWN AND UNKNOWN, ARISING OUT OF OR IN ANY WAY CONNECTED WITH ANY CLAIM YOU HAVE IN THIS REGARD.

INTELLECTUAL PROPERTY

 All intellectual property rights related to the platform are owned by us. You may not reproduce, distribute, modify, or create derivative works of any content on the platform without our prior written consent.

INDEMNIFICATION

You agree to indemnify Azinonet Limited and its subsidiaries, affiliates, officers, agents and employees for any loss, damages, liabilities, sanction, claims, suits, fines, charges, expenses arising from your violation of this Terms of Use.

CONTACT US

Thank you for using Azinonet! If you have any questions or concerns about these terms, please contact us at support@azinonet.com