Terms of Service

Welcome to Backbone Finance Inc.

These Terms of Service ("Terms") govern your access to and use of all products and services offered by Backbone finance inc. ("Backbone," "we," "our," or "us"), including but not limited to Backbone Finance and BackbonePay, through our website (mybackbone.io), mobile applications, and related platforms (collectively, the "Services"). By accessing or using our Services, you agree to be bound by these Terms and our Privacy Policy. If you do not agree, please do not use our Services.

2. Services Description

Backbone provides financial technology products and services including cross-border payments, foreign exchange (FX) transaction processing, crypto-related services, payment gateways, remittances, and other financial tools. These services may be regulated under local laws, and users are responsible for complying with their applicable jurisdictions.

3. Account Registration and Responsibilities

To access certain features, you may be required to create an account. You are responsible for maintaining the confidentiality of your login information and for all activities that occur under your account.

We reserve the right to suspend or terminate your account at our discretion, especially in cases of fraud, non-compliance with laws, or violation of these Terms.

4. Compliance and KYC/AML

Users must comply with our KYC (Know Your Customer), AML (Anti-Money Laundering), and CFT (Combating the Financing of Terrorism) policies, which may require identity verification and documentation. Failure to provide such information may result in denial of access or termination of your account.

5. Intellectual Property

All content, trademarks, and proprietary materials on our platforms are owned or licensed by Backbone. You may not reproduce, distribute, or modify any content without our express written permission.

6. Prohibited Activities

You agree not to:

• Use our services for any unlawful purpose
• Circumvent security measures
• Submit false or misleading information
• Engage in fraud or money laundering
• Violate any applicable laws or regulations

7. Third-Party Services

Our platform may include links or integrations with third-party services. We are not responsible for the content, policies, or practices of such services.

8. Termination

We may suspend or terminate your access to the Services without prior notice if we believe you are violating these Terms, applicable laws, or putting the company or its users at risk.

9. Disclaimer of Warranties

Our Services are provided "as is" and "as available." We do not warrant that they will be error-free, secure, or uninterrupted. You use the Services at your own risk.

10. Limitation of Liability

To the fullest extent permitted by law, Backbone shall not be liable for any indirect, incidental, punitive, or consequential damages resulting from your use of our Services.

11. Indemnification

You agree to indemnify and hold harmless Backbone, its affiliates, and its employees from any claim, loss, or demand arising from your use of the Services or your violation of these Terms.

12. Governing Law and Jurisdiction

These Terms are governed by the laws of the Federal Republic of Nigeria. Any disputes shall be resolved in the courts of Lagos State, Nigeria.

13. Modifications to Terms

We reserve the right to update these Terms at any time. Changes will be posted on our website, and your continued use constitutes acceptance of the modified Terms.

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