CredPal financial services are offered by BishopGate Microfinance Bank, fully licensed and regulated by the Central bank of Nigeria. CredPal
offers innovative financial solutions including investments and credit services. Our credit solution allows businesses and individuals to buy
anything and pay for it in installments across online and offline Merchants by providing them with instant access to credit at the point of
checkout.
Merchants Onboarding
Once a Merchant partners with CredPal to accept and use our services, CredPal will onboard the Merchant on its platform by having the
Merchant register or by registering the Merchant on a dedicated platform. CredPal may list the Merchant’s business on the CredPal mobile
application and/or website (“Marketplace”), such that CredPal’s users or the Merchant’s patrons are able to pay for goods and services using
credit advanced by CredPal.
Equality with Merchant Sales Channels
The Merchant will ensure that there is equality between the offerings (e.g. listing price and other terms including but not limited to discounts,
minimum price, warranties, return and refund policies, after-sales service, etc., regarding the sale of the same Merchant's products and services)
by the Merchant on other e-commerce platform and offerings on Marketplace.
Merchant's Use of the Marketplace
The Merchant shall maintain the security of Merchant log-in credentials to the Marketplace. The Merchant is responsible for any expense, loss, or
liability caused by the loss or breach of those credentials.
The Merchant shall not use the Marketplace to abuse the Services or in a manner that would be detrimental to the function of the Marketplace
or to other Merchant's use of the Marketplace.
Independent Service Provider
OCredPal is providing the Services on an independent service provider basis. CredPal does not endorse, have control or assume the liability for the products or services that are paid for with the Services.