Last Updated: [Date]
Welcome to eROSCA! These Terms of Service ("Terms") govern your access to and use of the eROSCA website, platform, and services (collectively, the "Service"). Please read them carefully before using the Service.
1. Acceptance of Terms
By accessing or using the Service, you agree to be bound by these Terms and our Privacy Policy. If you do not agree to these Terms, you may not access or use the Service.
2. Description of Service
eROSCA provides a platform for users to create, join, and manage Rotating Savings and Credit Associations (ROSCAs). The Service facilitates contributions, tracks payouts, and provides communication tools for ROSCA groups. eROSCA does not handle or hold any funds related to the ROSCAs. All transactions are conducted between ROSCA members through third-party payment processors.
3. Eligibility
You must be at least 18 years old and have the legal capacity to enter into a binding agreement to use the Service. By using the Service, you represent and warrant that you meet these eligibility requirements.
4. User Accounts
To access certain features of the Service, you may need to create an account. You are responsible for maintaining the confidentiality of your account credentials and for all activities that occur under your account. You agree to notify us immediately of any unauthorized use of your account.
5. User Responsibilities
As a user of the Service, you agree to:
- Use the Service only for lawful purposes and in accordance with these Terms.
- Provide accurate and complete information when creating and managing your ROSCA group.
- Fulfill your financial obligations to your ROSCA group, including making timely contributions.
- Communicate respectfully with other ROSCA members.
- Comply with all applicable laws and regulations related to ROSCAs and financial transactions.
6. ROSCA Formation and Management
eROSCA provides tools for creating and managing ROSCAs, but we are not a party to any agreement between ROSCA members. Each ROSCA group is responsible for establishing its own rules and operating procedures. eROSCA is not responsible for any disputes that may arise between ROSCA members.
7. Fees and Payments
eROSCA may charge fees for certain features or services. Any applicable fees will be disclosed to you before you use those features or services. All payments for eROSCA services are processed through a third-party payment processor. We do not store your payment information.
8. Third-Party Services
The Service may integrate with or provide links to third-party websites, services, or resources. We are not responsible for the content, accuracy, or availability of any third-party websites or services. Your use of third-party services is at your own risk and subject to the terms and conditions of those services.
9. Intellectual Property
The Service and its original content, features, and functionality are owned by eROSCA and are protected by copyright, trademark, and other intellectual property laws. You may not copy, modify, distribute, sell, or lease any part of the Service without our written permission.
10. Disclaimer of Warranties
The Service is provided "as is" and "as available" without warranties of any kind, either express or implied. eROSCA disclaims all warranties, including but not limited to, implied warranties of merchantability, fitness for a particular purpose, and non-infringement. We do not warrant that the Service will be uninterrupted, error-free, or secure.
11. Limitation of Liability
To the maximum extent permitted by law, eROSCA shall not be liable for any indirect, incidental, special, consequential, or punitive damages, or any loss of profits or revenues, whether incurred directly or indirectly, or any loss of data, use, goodwill, or other intangible losses, resulting from (i) your access to or use of or inability to access or use the Service; (ii) any conduct or content of any third party on the Service; (iii) any content obtained from the Service; and (iv) unauthorized access, use or alteration of your transmissions or content, whether based on warranty, contract, tort (including negligence) or any other legal theory, whether or not we have been informed of the possibility of such damage.
12. Indemnification
You agree to indemnify and hold harmless eROSCA, its officers, directors, employees, and agents, from and against any and all claims, liabilities, damages, losses, and expenses, including reasonable attorneys' fees and costs, arising out of or in any way connected with your access to or use of the Service, your violation of these Terms, or your violation of any rights of another.
13. Governing Law and Dispute Resolution
These Terms shall be governed by and construed in accordance with the laws of [Your State/Jurisdiction], without regard to its conflict of law principles. Any dispute arising out of or relating to these Terms or the Service shall be resolved through binding arbitration in [Your City, State/Jurisdiction], in accordance with the rules of the [Arbitration Organization].
14. Changes to Terms
We may modify these Terms at any time. We will post the revised Terms on the Service and update the "Last Updated" date. Your continued use of the Service after the posting of the revised Terms constitutes your acceptance of the changes.
15. Termination
We may terminate or suspend your access to the Service at any time, for any reason, without notice or liability. Upon termination, your right to use the Service will immediately cease.
16. Contact Us
If you have any questions about these Terms, please contact us at [Your Contact Email Address].
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