Terms of User

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Owner and Data Controller

DeriPesa - Nairobi,Kenya Company contact email: info@deripesa.com

1. Acceptance of Terms

By downloading, accessing, or using DeriPesa, you agree to abide by these Terms and Conditions. If you do not agree, please do not use the App.

2. Description of Services

The App provides users with deposit and withdrawal services from Deriv to Mpesa and vice versa. These services are subject to updates, changes, or discontinuation at any time without prior notice.

3. Eligibility

You must be at least 18 years old and a resident of Kenya or a registered MPESA customer to use the App. By registering, you confirm that the information provided is accurate and complete.

4. User Responsibilities

You are responsible for maintaining the confidentiality of your account credentials. You agree not to misuse the App for fraudulent purposes, reverse-engineer the software, or violate any applicable laws.

5. Fees and Payments

  • DeriPesa does not charge any fees for registration. However, when depositing and withdrawing from Mpesa to Deriv, there is a margin of 4 between the current dollar to shilling market rates.
  • Refunds are subject to confirmation of an incomplete transaction where the customer is refunded.

6. Intellectual Property

All content, trademarks, and intellectual property on the App belong to DeriPesa. Unauthorized use is prohibited.

7. Termination

We may suspend or terminate your access to the App without notice if you violate these Terms.

8. Limitation of Liability

We are not liable for any direct, indirect, or consequential damages arising from your use of the App.

9. Governing Law

These Terms are governed by the laws of Deriv platforms. Any disputes must be resolved through the official communication channel of Deriv.

10. Changes to the Terms

We reserve the right to modify these Terms at any time. Continued use of the App constitutes acceptance of the updated Terms.

Further Information for Users

Legal basis of processing

Deripesa may process Personal Data relating to Users if one of the following applies:

  • Users have given their consent for one or more specific purposes.
  • Provision of Data is necessary for the performance of an agreement with the User and/or for any pre-contractual obligations thereof.
  • Processing is necessary for compliance with a legal obligation to which the Owner is subject.
  • Processing is related to a task that is carried out in the public interest or in the exercise of official authority vested in the Owner.
  • Processing is necessary for the purposes of the legitimate interests pursued by the Owner or by a third party.

In any case, Deripesa will gladly help clarify the specific legal basis that applies to the processing, and in particular whether the provision of Personal Data is a statutory or contractual requirement, or a requirement necessary to enter into a contract.

System logs and maintenance

For operation and maintenance purposes, this Application and any third-party services may collect files that record interaction with this Application (System logs) or use other Personal Data (such as the IP Address) for this purpose.

Changes to these Terms

Deripesa reserves the right to make changes to these Terms at any time by notifying its Users on this page. It is recommended to check this page frequently for any changes.

Latest update: November 29, 2024