Terms and Conditions | Magna POS

Terms and Conditions

Magna POS Terms and Conditions for Business Customers

Effective Date: 1st March 2025

Welcome to Magna POS! We are excited to partner with your business to provide our state-of-the-art point-of-sale solutions. To ensure a smooth and successful onboarding process, please review and agree to the following terms and conditions.

  1. Acceptance of Terms
    By signing this agreement or making payment for this service, you (the "Customer") agree to be bound by these terms and conditions (the "Agreement") with Magna POS ("we," "us," or "our"). This Agreement governs your use of our products and services ("Products") and your participation in our onboarding process.
  2. Training and Support
    2.1. Online Training Sessions:
    We will provide training sessions as part of the onboarding process. All training activities will be conducted online. The Customer is responsible for ensuring access to necessary equipment and internet connectivity to participate in the onboarding process. Any onsite training, if requested, would be billed separately. However, this would be based on availability.
    2.2. Punctuality: The Customer agrees to be punctual for all scheduled training sessions and meetings. Timely participation is crucial for the effective implementation of our POS system. Customer may forfeit sessions if they are consistently 10 minutes late to training for 2 separate sessions.
    2.3. Support: Post-onboarding, Magna POS will offer support through our designated support channels. Details of our support services and how to access them will be provided during the onboarding process.
    2.4. Multi-Branch Setup and Training: Payment is for a single branch/location and will cover setup and training (3 days). Additional branches/locations requiring setup and training after the deal close will incur additional charges. The term (i.e., duration of subscription) for additional branches/locations will run concurrently with the first location (from payment date of original location) and will end when subscription for the first location ends.
  3. Customer Responsibilities
    3.1. Accurate Information:
    The Customer agrees to provide accurate and complete information during the onboarding process and update us promptly if any information changes.
    3.2. Compliance: The Customer must comply with all applicable laws and regulations while using our Products. Any misuse of our Products may result in termination of this Agreement.
  4. Payment Terms
    4.1. Fees:
    The Customer agrees to pay all fees associated with the onboarding and use of our Products as specified in the invoice provided by Magna POS. Fees are non-refundable.
    4.2. Payment Schedule: Payments are due according to the schedule outlined in the invoice. Late payments may result in suspension or termination of use of our Products.
  5. Confidentiality
    Confidential Information:
    Both parties agree to maintain the confidentiality of any proprietary or confidential information disclosed during the onboarding process. This includes, but is not limited to, business strategies, technical data, and customer information.
  6. Limitation of Liability
    Magna POS will not be liable for any indirect, incidental, or consequential damages arising out of or related to the use of our Products or the onboarding process.
  7. Termination
    Either party may terminate this Agreement with written notice if the other party breaches any material term of this Agreement and fails to remedy the breach within 30 days of receiving notice.
  8. Governing Law
    This Agreement shall be governed by and construed in accordance with the laws of Nigeria.
  9. Entire Agreement
    This Agreement constitutes the entire agreement between the parties and supersedes all prior agreements and understandings, whether written or oral, relating to the subject matter hereof.
  10. Amendments
    Magna POS reserves the right to amend this Agreement at any time. Any amendments will be communicated to the Customer, and continued use of our Products after such amendments constitutes acceptance of the new terms.

 

 


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