Please read these Terms of Service ("Terms") carefully before using the Submefast platform, website (sub.submefast.com), APIs, and digital wallet services operated by Submefast Technologies Limited ("Submefast", "we", "us", "our").
By creating an account, funding your wallet, or using our services, you agree to be bound by these Terms. If you disagree with any part of this agreement, you must stop using Submefast services.
1. Acceptance of Terms & Eligibility
By registering for a Submefast account, you represent and warrant that:
- You are at least 18 years of age.
- You possess the legal capacity to enter into a binding agreement.
- You reside in the Federal Republic of Nigeria, or operate a business legally registered with the Corporate Affairs Commission (CAC).
- Your use of Submefast does not violate any applicable Nigerian law.
2. User Account Responsibilities
Information Accuracy: You must provide accurate, current, and complete details during sign-up, and update them promptly if they change.
Identity Verification: Where required to activate certain features — such as generating a dedicated virtual bank account, or using a service that requires document/identity verification — you authorize Submefast to collect and share the relevant identity information with our licensed banking and payment processing partners, who use it to meet their own regulatory requirements.
Account Security: You are solely responsible for safeguarding your login credentials, password, transaction PIN, and any 2FA/passkey credentials. Submefast is not liable for loss resulting from your failure to protect these.
Notification: You must notify us immediately at abuse@sub.submefast.com if you detect a security breach or unauthorized activity on your account.
3. Prohibited Activities
You agree not to use Submefast for any illegal, unethical, or unauthorized activity, including but not limited to:
- Financial Crime: Money laundering, terror financing, or circumventing Central Bank of Nigeria regulations.
- Fraud & Deception: Chargeback fraud, unauthorized transactions, or deceptive schemes.
- System Abuse: Uploading malware, attempting denial-of-service attacks, scraping the platform without permission, or reverse-engineering our APIs.
- Intellectual Property Infringement: Replicating Submefast's brand assets, logos, or source code without written permission.
4. Limitation of Liability
To the maximum extent permitted by Nigerian law, Submefast provides its services on an "as is" and "as available" basis, without warranties of any kind.
We do not guarantee that the platform will be uninterrupted or error-free during scheduled maintenance or third-party network failures.
Submefast, its directors, and employees are not liable for indirect, incidental, or consequential damages, including loss of profits or data.
Our total liability for any claim arising from these Terms will not exceed the total transaction fees you paid to Submefast in the three (3) months preceding the event giving rise to the claim.
5. Governing Law and Dispute Resolution
Governing Law: These Terms are governed by the laws of the Federal Republic of Nigeria.
Amicable Settlement: In the event of a dispute, both parties will first attempt to resolve it amicably through good-faith consultation.
Arbitration: If not resolved within thirty (30) days, the dispute will be referred to binding arbitration under the Arbitration and Mediation Act of Nigeria, seated in Lagos, Nigeria, in English.