User Information shall mean any information provided by the User via the Application including but not limited to name, date of birth, identity proof, telephone number, email address, physical address, employment documents and other similar details.
Merchant partners may access their data via API. Any use of the API, including use of the API through a third-party product that accesses the Service, is bound by the terms of this agreement plus the following specific terms:
You agree and understand that this application and the contents are intended for people who are of the age of 18 years or above. You hereby represent that you are 18 years of age or above and competent to contract or that you are represented by a parent or your legal guardian. You understand that this Application is intended for individual personal use only.
To the extent that you are required to provide information in order to use the Application, you understand and undertake that you will provide accurate information including User Information as part of the sign up and application process.
To the extent that you have provided information to use the Application, you represent that you have all rights required to provide the information that you have provided to the Application, including the User Information and represent that it is true and accurate.
For enabling the Service, the Company may partner with one or more banks or financial institutions ("Financial Partner"). Users agree to abide by any terms and conditions which such Financial Partner may specify.
You will be solely responsible for your acts on the Application including those conducted under the username assigned to you.
You understand and agree that the Company may, in its sole discretion, terminate your access to the Application without notice and you waive any right to claim access to the Application or any other claim that you may have. Any data of your usage may be retained or deleted at the Company's sole discretion.
The Application is currently designed to provide you either one or a combination of the following: a credit health checkup or a credit wallet or the ability to make a purchase now and pay later.
In relation to the use and access of the Application its content and features, you agree and undertake not to:
You agree and understand that:
The Company provides no guarantee for validity and accurateness of any information published on the Application. Further, you understand and agree that it is at your own discretion and based on your judgment that you use the Application.
The Company does not represent in any manner that:
The Company reserves the right to remove any content posted on the Application and assumes no liability that may arise to you or any third party for such conduct of the Company.
The Application may contain links to third party applications. The Company shall not be responsible in any manner for the contents of these third party applications and if you should choose to use the link to view the third party applications, you choose to do so at your own risk. The Company does not endorse the contents nor in any manner represent the accuracy or correctness of information on such third party applications.
No fee shall be charged for the use of the Application per se, but one-time and processing fees may apply if you use the Application as a credit wallet.
|Payment period||Associated fee & charges|
|Week 1 – 4 after purchase||No interest or charges|
|Week 5 – Week 12 after purchase||1% simple interest/week on purchase principle|
|Week 13 – Week 14 after purchase||1% simple interest/week + late penalty charge of PHP 300|
|Week 15 and beyond after purchase||1% simple interest/week + late penalty charge of PHP 500 every 2 weeks thereafter. Separate legal summons and charges applies.|
The Company takes matters related to intellectual property rights and privacy very seriously. Should you have any complaints regarding the Application, including but not limited to abuse and misuse of the Application, copyright infringement and the like, or any issues related to data privacy please report the same to [email protected].
Force Majeure: In no event shall the Company be liable for any acts beyond its control or for any acts of God.
Access: This Application is intended for viewing in the geographies of Singapore and Philippines initially and later on in all the geographies of Southeast Asia. The Company does not make any claim that the Application and its contents may be lawfully viewed or accessed in the jurisdiction you are viewing it in. You are solely responsible for complying with laws applicable to you.
Disclaimer NEITHER THE COMPANY NOR ITS SITES OR SERVICES ARE INTENDED TO PROVIDE LEGAL, TAX, FINANCIAL, OR INVESTMENT ADVICE. THE COMPANY IS NEITHER A REGISTERED CAPITAL MARKET INTERMEDIARY NOR A FINANCIAL ADVISOR BUSINESS. UNLESS SPECIFIED OTHERWISE, ANY CONTENT TOUCAN PROVIDES TO YOU IS BASED SOLELY ON THE INFORMATION PROVIDED BY YOU, AND MAY NOT TAKE INTO ACCOUNT INFORMATION THAT MAY BE AVAILABLE IN THE CONTEXT OF A MORE DETAILED EXAMINATION OF YOUR PERSONAL FINANCIAL SITUATION. ACCORDINGLY, BEFORE MAKING ANY FINANCIAL DECISION OR IMPLEMENTING ANY FINANCIAL STRATEGY, YOU MUST OBTAIN ADDITIONAL INFORMATION AND CONTACT YOUR BANKER, ACCOUNTANT OR OTHER FINANCIAL ADVISERS WHO ARE FULLY AWARE OF YOUR INDIVIDUAL CIRCUMSTANCES.