Terms and Conditions
ATLAS DIGITAL TERMS AND CONDITIONS
ATLAS Digital Solution
These terms and conditions establish the foundation of your relationship with Atlas Digital Solution ("Atlas" or "ADS").
By opting to initiate an account with us, you affirm your consent to the terms and conditions outlined herein. Furthermore, you verify the accuracy and completeness of the information provided to create your account, along with the submission of all necessary documents.
(a) provide a valid mobile phone number; (b) agree that an account associated with such number be created; (c) accept the current Terms; and (d) submit such other and additional information as ADS deems fit.
You agree to provide true, accurate and complete information about yourself as requested by ADS during the account registration process. You will be given the option of receiving a unique PIN for purposes of reusing your account. The responsibility of keeping your PIN secured lies on you.
These terms constitute a contractual relationship between you and ADS. If you do not accept these terms, please refrain from using of the application.
Please note that the use of any of the Services, signifies your assent to the terms. It is important to note that, in case of any violation of these terms, we retain the right to terminate our association with you.
About Us
Introducing Atlas: Empowering Your Financial Journey
Discover Atlas, the digital solution powered by Addosser Microfinance Bank Limited designed to transform your financial experience. Available seamlessly across both mobile and web platforms, Atlas is your dynamic companion in achieving financial success.Geared towards young individuals and SME owners, Atlas is a comprehensive solution that revolutionizes banking. Through Atlas, you gain instant access to a world of possibilities: effortlessly establish a digital banking account, conduct seamless transactions, amplify savings with interest accrual, meticulously monitor and manage finances, oversee stock and inventory, streamline bill payments, unlock supplementary earnings, facilitate job postings, complete business registration with CAC, and secure vital loans for dream realization.
More than just a banking app, Atlas lays out the ultimate roadmap and equips you with a toolkit to forge a stronger financial future. Our commitment is unwavering – we have sculpted Atlas as a tailored digital solution haven with young individuals and SME owners at its very core. Elevate your aspirations with Atlas – your catalyst towards a financially empowered tomorrow. You can contact us by phone on 234-700-4000, or by mail at contact@atlasdigitalsolution.com, our contact address, 32 Lewis Street, Lagos 100010, Nigeria.
These Legal Terms constitute a legally binding agreement made between you, whether personally or on behalf of an entity ('you'), and Addosser Limited, concerning your access to and use of the Services. You agree that by accessing the Services, you have read, understood, and agreed to be bound by all of these Legal Terms
IF YOU DO NOT AGREE WITH ALL OF THESE LEGAL TERMS, THEN YOU ARE EXPRESSLY PROHIBITED FROM USING THE SERVICES AND YOU MUST DISCONTINUE USE IMMEDIATELY
We will provide you with prior notice of any scheduled changes to the Services you are subscribed to Changes to Legal Terms will become effective seven (7) days after the notice is given, except if the changes apply to new functionality, and security updates, in which case the changes will be effective immediately. By continuing to use the Services after the effective date of any changes, you agree to be bound by the modified terms. If you disagree with such changes, you may terminate services in line with the term and Termination section herein. The Services are intended for users who are at least 18 years old. Persons under the age of 18 are not permitted to use or register for the Services. We recommend that you print a copy of these Legal Terms for your records.
The relationship between ADS and its customers entails the following:
Opening an account
Confirmation of Identity
Bank verification number(BVN) details*
Language and Communication
English Language*
Vault Lock
- “Lock away funds safely and earn up to 12% interest”.
Rent Plus
- “Save towards your home or office rent, and earn up to 15% interest”.
Target Savings
- “Save on a daily, weekly or monthly basis and earn 10% interest”.
Little Drop
- “Have some spare cash? Save here little by little and grow it to earn more. Earn up to 7% interest”.
Card Payments
Atlas Digital Solution issues the Atlas Visa Card, operating under a license from Visa International. Upon issuance of your card, it is to be exclusively used for legal transactions within Nigeria. The card will feature an expiration date and remains valid until the final day of the indicated month. Upon expiry, your card will undergo automatic renewal, unless your account is closed or the card is revoked.Privacy of Data
By initiating an account with Atlas Digital Solution you provide consent for the processing of your personal information as follows:- To facilitate the provision of products and services outlined in this agreement, as well as any additional products and services you may apply for.
- To conduct statistical analyses and other evaluations to identify emerging trends and potential markets, thereby enhancing our business operations—both the improvement of existing services and the creation of new ones.
- In cases where our products or services are employed in countries beyond Nigeria, which may not uphold the same data protection regulations as applicable in Nigeria, we will make every effort to secure privacy policy agreements with the respective entities.
When you use your card for transactions on external channels not owned or governed by “ADS”, the regulations of that specific channel apply in conjunction with these terms.
Account Closure
You retain the option to close your Atlas Digital Solution account at any time, and this action incurs no charges. If you wish to proceed with this, kindly contact us. Nevertheless, any obligations associated with your account will remain your responsibility. Following the account closure, access to all Atlas services will be unavailable. We maintain the right to suspend, freeze, limit access to, or close your account if:- Information provided by you fails to meet regulatory stipulations and you fail to regularise within Seventy Two (72) Hours.
- You do not meet or breach the terms and conditions specified here.
- Your activities pose potential risk or legal implications to us.
- Legal mandates require us to take such action.
- Reports or investigations uncover fraudulent or suspicious conduct linked to your Atlas account.
You agree that in the event of the preceding, ADS will not in anyway whatsoever be liable to you or any third party. Please note that the aforementioned list is not exhaustive.
As a service provider through the bank, we are obligated to adhere to sanction laws issued by the Office in laws and regulations pertinent to issuing banks and Cyber / cyber security, including those set forth by the Central Bank of Nigeria (CBN). Therefore, we maintain the right to terminate your account without incurring liability. We are under no obligation to make payments or open an account for individuals, entities, or governments that violate requisite laws.
Furthermore, Atlas is mandated to adhere to all prevailing laws in Nigeria, encompassing rules, regulations, guidelines, circulars, and letters issued by the CBN and other regulatory bodies. In line with these laws, Atlas does not engage with cryptocurrencies or facilitate payments for cryptocurrency-related transactions. You hereby confirm your understanding that your Atlas account shall not be employed for cryptocurrency dealings, trading, transactions, or receipt of payments related to virtual currencies.
You also confirm that your account usage will solely align with legal purposes and will not involve illegal or criminal activities. This includes but is not limited to activities such as obtaining funds through deceitful means or other fraudulent endeavours in violation of prevailing Nigerian laws.
Acknowledgements
By selecting to proceed, you acknowledge that you are initiating an account with Atlas Digital Bank and that all provided information serves this purpose. You commit to adhere to the stipulated terms and conditions outlined above, governing our operational procedures. Furthermore, you affirm the accuracy and authenticity of the information furnished. Upon initiating an account with us, you grant consent to our routine implementation of identity and fraud prevention verifications.DISCLAIMER OF WARRANTIES AND GUARANTEES
Our Service is provided “as is basis“ without any form of guarantee or warranty. ADS, its related parties and privies disclaim all warranties / guarantees in relation to the service herein, which include but not limited to all implied warranties / guaranties relating thereto.You are ONLY entitled to discontinue the use of the application if you do not find our services satisfactory.
In addition, you agree to indemnify ATLAS or ADS against any losses incurred due to false information or inaccuracies in the data you have provided.
**General Terms and Conditions for [Atlas Digital Solution]**
- Acceptance of Terms** By using Atlas Digital Solution you agree to abide by these terms and conditions. If you do not agree with any part of these terms, please refrain from using our services.
- Account Creation and Usage** You are responsible for providing accurate and complete information during account creation. Your account credentials are to be kept confidential, and you are liable for all activities conducted using your account.
- Transactions and Security** You are solely responsible for transactions made through your account. Promptly report any unauthorized activity. We employ security measures, but no online platform is entirely immune to risks.
- Privacy and Data Usage** Your privacy is important to us. We collect and use your data as outlined in our Privacy Policy. Your information is treated with care and used to provide and improve our services.
- Compliance with Laws** You agree to use our services in compliance with all applicable laws and regulations. Any misuse or illegal activities will result in immediate account termination.
- Changes to Terms** We reserve the right to modify these terms at any time. You will be notified of significant changes. Continued use of our services after changes constitute acceptance.
- Intellectual Property** All intellectual property rights related to our services remain with us. You are granted a limited, non-exclusive license for personal use only.
- Termination of Services** We may terminate your access to our services at any time for violations of these terms or any other reason deemed appropriate.
- Exclusion of Liability** We are not liable for any damages resulting from the use of our services or any disruptions in service availability. We are not liable for any damages you may incur as a result of using the Services. In no event shall Atlas or its suppliers be liable for any direct, indirect, punitive, incidental, special, consequential damages, or any damages whatsoever arising out of, or in any way connected with the use or performance of the service, with the delay or inability to use the service, the provision of (or failure to provide services), or otherwise arising out of the use of the service, whether based on contract, tort, negligence, strict liability, or otherwise, even if Atlas or any of its suppliers have been advised of the possibility of such damages.
- Governing Law** These terms are governed and construed in accordance with the laws in Nigeria. Any disputes are subject to the exclusive jurisdiction of the courts in Nigeria. Any matters arising in relation to this Agreement not mutually and amicably resolved between the Parties within Fourteen (14) Days shall be submitted to arbitration before a sole arbitrator to take place in Lagos, Nigeria. The arbitration shall be conducted pursuant to the Rules of Arbitration of the Chartered Institute of Arbitrators of the United Kingdom. The arbitral decision shall be final and binding on the Parties and may be made an order of court. The proceeding of the arbitration shall be in English language.
Disclaimer: These are general terms and conditions and should be customized to fit atlas digital solution's specific services and legal requirements. Consult with legal professionals to ensure accuracy and compliance.