Common use of REGISTRATION AND ACCEPTANCE Clause in Contracts

REGISTRATION AND ACCEPTANCE. 1.1 Prior to using the service, you must be fully registered to use the Spot App and have accepted these Service Terms, the Spot App Terms and Conditions and the Privacy Policy. 1.2 Once you are registered, Spot will pre-score you and provide you with a spending limit. This limit will be displayed in-App for eligible customers only. Customers who do not meet our criteria will not be able to access the BNPL Service within the App. 1.3 Registration for the BNPL Service will involve providing Us with certain information, including but not limited to Your full name, mobile number, identification document, and email address. Any application for the BNPL Service is subject to Our approval criteria and may be declined in Our sole discretion. 1.4 At the time of registration, You Consent to Us processing Your Personal Information for the following purposes: 1.4.1 Verifying Your identity; 1.4.2 Providing the services in terms of this Agreement; 1.4.3 Fraud prevention and detection; 1.4.4 Recovery of amounts due to us; 1.4.5 Market research and statistical analysis; 1.4.6 Audit and record keeping purposes; 1.4.7 To comply with legal and regulatory requirements, including to detect and prevent money laundering; and 1.4.8 Sharing with service providers who We engage with to process information on Our behalf. 1.5 You Consent to Us performing certain checks on Your Personal Information provided to Us in order to meet Our obligations under applicable law and Our internal risk policies. These checks include identity verification with the South African Department of Home Affairs, credit checks and sanction screening for anti-money laundering purposes. You expressly Consent to Us performing a credit check for the purposes of displaying Your credit score in the App and providing the BNPL Services and offers to You. We will not share Your credit score information with third parties unless you specifically Consent to this at the time of opting-in to a Selected Merchant’s offering through the App.