Legal

Terms of Use

These terms are a legal agreement between you and Taprail. They set out the rules for using our app, website and services. Please read them carefully and keep a copy.

Last updated 3 June 2026.

1. About these terms

These Terms of Use (the Terms) govern your access to and use of the Taprail mobile app, the website at taprail.app, our waitlist and any related services (together, the Services). In these Terms, Taprail, we, us and our mean the company that operates Taprail, based in Lagos, Nigeria, and you means the person using the Services. They work together with our Privacy Policy and Cookie Policy, which are part of these Terms.

2. Accepting these terms

By creating an account, joining the waitlist, or otherwise using the Services, you confirm that you have read, understood and agree to these Terms. If you do not agree, do not use the Services. If you are using the Services on behalf of an organisation, you confirm you are authorised to accept these Terms for it.

3. Definitions

4. Eligibility

To use the Services, you must:

We may refuse to offer, or may withdraw, the Services to anyone who does not meet these requirements.

5. Your account and verification

To use most features you will need to create an Account and verify your identity. You agree to give accurate, current and complete information, and to keep it up to date. To meet our legal obligations, we and our Partners carry out identity checks (KYC) and may ask for documents such as your BVN, NIN or a government-issued ID. We may suspend or limit your Account until these checks are complete, or refuse or end your Account if they cannot be completed.

6. What Taprail is, and what it is not

Taprail is a technology service that lets you add your bank cards and pay by holding your phone to a contactless terminal, manage cards, split bills and follow your spending. Taprail is not a bank and does not take deposits or hold your money. Your funds stay with your bank, and payments are authorised by your bank and processed by our Partners. Virtual cards are issued by our card-issuing Partner and are subject to the relevant card scheme rules. Taprail is still in development, and features, availability and partners may change.

7. Adding cards and giving authority

When you add a Card, you confirm that you are the cardholder or are authorised to use it, and you authorise us and our Partners to verify it, create a virtual card, and process payments you make. Card details are tokenised by our payment Partners. You are responsible for making sure your Cards are valid and have sufficient funds or limit.

8. Payments, authorisation and limits

When you make a payment, you authorise the Transaction, and it is approved or declined by your bank in the usual way. We are not responsible for a Transaction your bank declines, or for a merchant refusing a contactless payment. We, your bank or our Partners may set limits on the amount, number or value of Transactions, and may apply additional checks, for security and to meet legal requirements.

9. Fees

We will tell you about any fees before you incur them, and current fees will be shown in the app or on our website. Your bank, card issuer or a merchant may also charge their own fees, which are outside our control. If a fee applies to a Transaction, you authorise us to collect it.

10. Refunds, disputes and chargebacks

Refunds for a purchase are handled by the merchant and your bank under the relevant card scheme rules. If you do not recognise a Transaction or think there is an error, contact us at [email protected] and also your bank, which usually leads the dispute or chargeback process. We will help where we can, but we do not control the outcome of a chargeback.

10A. Pay with Taprail (paying a merchant)

A merchant who uses Taprail may send you a payment intent (for example, on their checkout page or as a QR). When you approve it in the Taprail app, we charge your chosen Card for the amount shown. Pay-with-Taprail intents expire 30 minutes after creation if you do not approve them.

Your contract for the underlying goods or services is with the merchant, not with Taprail. Questions about delivery, quality, returns or warranty go to the merchant directly. If the merchant issues a refund through Taprail, we will return the full charged amount to your Card; the Taprail service fee on the original payment is not refundable by default.

11. Splitting bills

When you start or join a bill split, each person pays their own share from their own card. You are responsible for the share you agree to. We are not a party to any agreement between you and the people you split with, and we are not responsible for amounts others fail to pay.

12. Your responsibilities and account security

13. Acceptable use

You agree not to:

14. Financial crime, suspension and freezes

To comply with the law and protect users, we and our Partners monitor for fraud, money laundering and other financial crime. We may delay, block, freeze or reverse a Transaction, and suspend or restrict your Account, where we reasonably suspect a breach of these Terms, illegal activity, a security risk, or where we are required to by law or a regulator. Where we can, and where the law allows, we will tell you.

15. Communications and electronic notices

You agree that we may communicate with you electronically, including by email, in-app message and push notification, and that electronic communications and records satisfy any legal requirement that they be in writing. Some communications, such as security and service notices, are part of using the Services and cannot be turned off while you have an Account.

16. Intellectual property

The Services, including the Taprail name, logo, software, designs and content, are owned by us or our licensors and are protected by law. We grant you a personal, limited, non-exclusive, non-transferable and revocable licence to use the app for its intended purpose. You may not copy, sell, or create derivative works from the Services without our written permission. Bank, partner and scheme logos belong to their respective owners and are used with permission or as permitted by law.

17. Third-party services

The Services rely on and link to third parties, such as your bank, payment processors, card schemes and app stores. Their own terms and privacy notices apply to your use of their services, and we are not responsible for them.

18. Availability and changes to the Services

We work to keep the Services available, but we do not guarantee they will be uninterrupted or error free. We may change, suspend or withdraw all or part of the Services, carry out maintenance, or release updates, at any time. Some features are offered on a pre-launch or beta basis and may change or be removed.

19. The waitlist

Joining the waitlist tells us you are interested. It does not create an Account, guarantee access, or promise any feature, price or timing. We may contact you about launch and early access.

19A. Merchants on Pay with Taprail

If you sign your business up to accept Pay with Taprail, the following extra terms apply, in addition to the rest of these Terms.

20. Disclaimers

To the fullest extent allowed by law, the Services are provided on an “as is” and “as available” basis, without warranties of any kind, whether express or implied, including any implied warranties of merchantability, fitness for a particular purpose, and non-infringement. We do not warrant that the Services will meet your needs, be secure, or be free of errors. Nothing in these Terms excludes any rights you have under Nigerian consumer protection law that cannot be excluded.

21. Limitation of liability

To the fullest extent allowed by law, we are not liable for any indirect, incidental, special or consequential loss, or for loss of profits, revenue, data, goodwill or business, arising from or relating to the Services. We are not liable for losses caused by events outside our reasonable control, by your own breach of these Terms, or by the acts of third parties such as your bank, a merchant or a Partner. Where we are liable, our total liability to you for all claims relating to the Services is limited, to the extent allowed by law, to the greater of the fees you paid us in the three months before the claim, or NGN 50,000. Nothing in these Terms limits liability that cannot be limited by law, such as for fraud.

22. Indemnity

You agree to indemnify and hold us and our Partners harmless from reasonable claims, losses and costs arising from your breach of these Terms, your misuse of the Services, or your breach of any law or the rights of others, except to the extent the loss is caused by us.

23. Suspending or ending your use

You can stop using the Services and close your Account at any time. We may suspend or end your access, with or without notice, if you breach these Terms, if we are required to by law, or to protect you, other users or the Services. When your Account ends, your right to use the Services stops, but any terms that by their nature should survive, such as those on fees owed, intellectual property, disclaimers, liability and governing law, will continue. We will deal with your personal data as set out in our Privacy Policy.

24. Force majeure

We are not responsible for any failure or delay caused by events beyond our reasonable control, including network or power failures, acts of government or regulators, strikes, natural events, or the failure of a bank, Partner or other third party.

25. Governing law and disputes

These Terms are governed by the laws of the Federal Republic of Nigeria. If you have a complaint, please contact us first at [email protected] so we can try to resolve it. Any dispute that cannot be resolved is subject to the courts of Nigeria, and nothing here removes any right you have to refer a complaint to the relevant regulator.

26. General

27. Contact us

Questions about these Terms? Email [email protected].