1. ACCEPTANCE OF TERMS AND CONDITIONS
1.1 By accessing the Site, you agree that you have read, understood, and agree to be bound by all of these Terms and Conditions. If you do not agree with all of these Terms and Conditions, then you are expressly prohibited from using the Site and you must discontinue use immediately.
1.2 If the user does not wish to be bound by these terms and conditions, the user may not access, display, use, download and/or otherwise copy or distribute content obtained on this website.
2.1 “Customer Balances” means money that is owed to the User/ Business/ Legal Entity by their clients;
2.2 “EASY INTEREST” means the product of Kurious Tech (Pty) Ltd that provides a service (“SERVICE”) to assist in calculating interest on outstanding customer balances;
2.3 “Fee” means the price of the monthly plan chosen by the User;
2.4 “Force Majeure” means acts of God and includes but is not limited to fire, epidemic, war, terrorism, labour action or unrest, failure of suppliers or contractors, law or government or regulatory requirements or any other cause whatsoever beyond the control of EASY INTEREST;
2.5 “Information” means any information as generally understood and includes but is not limited to source codes, reports, notes, working papers, emails, designs, techniques, models, templates, generalised features of the structure, sequence and organisation of software, user interfaces, screen designs, general purpose consulting and software tools, utilities and routines logic, coherence and methods of operational systems; methodologies, documents, presentations, spread sheets, materials, data, technologies, programmes, processes, records and facts, whether in hard copy or electronic format;
2.6 “Interest” means the interest rate that the User chooses to calculate the total amount of monies owed;
2.7 “NCR” means the National Credit Regulator;
2.8 “NCA” means the National Credit Act 34/2005;
2.9 “Notice Period” means the first day of the month after notice has been given and 30 (THIRTY) days thereafter;
2.10 “Service” means the request to obtain the amount of interest due on outstanding customer balances, calculated by EASY INTEREST;
2.11 “Service Provider” refers to EASY INTEREST;
2.12 “Site” means the EASY INTEREST service, regardless of what electronic device or platform is used;
2.13 “SMS Service” for purposes of this Agreement is an optional short message relating to the Service requested;
2.14 “SMS Bundle” means a prepaid group of messages;
2.15 “SMS Fee” means 50 (FIFTY) cents excluding VAT
2.16 “User” is also “the Client” and means the person or entity or business with a registered profile created on EASY INTEREST and includes all natural persons in their representative capacity;
2.17 “Plan” means the option the User chooses for his specific business. Each plan has a different price that is based on the number of debtors;
2.18 “Purpose” and “Work” has the same meaning for purposes of this Agreement and means the calculation of the interest amount on outstanding customer balances;
3. LEGAL CAPACITY
3.1 You may not access our website or order products and or services if you are younger than 18 (EIGHTEEN) years old or do not have legal capacity to conclude legally binding contracts.
4. PERSONAL DATA
4.1 TYPE OF INFORMATION
EASY INTEREST wants to ensure that the information you share with us is maintained safely and securely on the internet. These terms and conditions cover how we use your personal information. When you register, we ask you for some personal information, including your names, address, including email address, company names, VAT numbers, banking and PayPal information and debtor information.
4.2 USE OF INFORMATION
EASY INTEREST uses this information to fulfil our commitments and provide you with the benefits and services that EASY INTEREST entitles you to. When you enter your personal information and submit it to EASY INTEREST, you consent to granting EASY INTEREST use of this information for the stated purpose.
4.3 EASY INTEREST links your profile to accounting software and results in an exchange of debtor information. This exchange and information are needed in order for EASY ACCESS to provide interest calculation.
4.4 ACCESS TO INFORMATION
The information is used to create a profile of the user. Only the user and the web administrator have access to the profile.
The web administrator may, when necessary, use a user's information for various site- related tasks.
You agree to keep your password confidential and will be responsible for all use of your account and password. We reserve the right to remove, reclaim, or change a username you select if we determine, in our sole discretion, that such username is inappropriate, obscene, or otherwise objectionable.
4.7 DISCLOSURE OF INFORMATION
We are under a duty to disclose or share your personal data in order to comply with any legal obligation or the directions of the Court or any other body of competent jurisdiction; or to protect the rights, property, or safety of EASY INTEREST, our employees, our customers, or others. This includes exchanging information with other companies and organisations for the purposes of fraud protection and credit risk reduction.
Personal Data will be
4.8.1 processed, collected, stored, in compliance with applicable RSA legislation;
4.8.2 as is necessary for the purpose of the Service;
4.8.3 for maintaining its internal administrative processes, including quality, risk, client or vendor management processes;
4.8.4 for internal related statistical or research purposes;
4.8.5 deleted at the user's request at the termination of the service;
4.8.6 by using this Site, the User consents to receiving electronic communications from EASY INTEREST
4.8.7 EASY INTEREST takes all reasonable steps to ensure that personal information is not disclosed or accessed by unauthorized persons;
4.8.8 By using the Site, the User acknowledges the security risks mentioned in 4.8.7 and by choosing to continue, accepts the risk.
5. CANCELLATION OF SERVICE AND NOTICE PERIOD
5.1 The User can at any time request to suspend its profile on the Site, subject to the conditions set out below:
5.1.1 The request to cancel the service must be in writing;
5.1.2 The request to cancel must be addressed to the Service Administrator;
5.1.3 There is a 30 (THIRTY) day notice period that will start from the first day of the month after the notice was received. This means that if notice of cancellation was received on any other date than the first of a month, the period of notice will only start from the next month for 30 (THIRTY) days;
5.1.4 The User will still be charged for the notice period and may still make use of the service in the Notice Period with the exception of 5.2
5.2 Clause 5 (FIVE) is not applicable to the free trial period mentioned in clause 6 (SIX);
5.3 The User can request that his/her/its information be deleted;
6. FREE TRIAL PERIOD
6.1 The User will have a free trial period to make use of the Service;
6.2 The duration of the trial period will be stipulated on the Plan;
6.3 Upon registration as a User the Site will collect all information needed for payment but billing will only start after the free trial period;
6.4 Should the User cancel the Service after the free trial period no monies will be deducted;
6.5 Should the User not cancel after the free trial period, billing will automatically start and monies deducted from the User's account.
7.1 Payment for Service is subject the Plan the User chooses;
7.2 This includes VAT;
7.3 The User will be notified by the Site of the fee amount and it must be accepted by the User before the Service can continue;
7.4 The User will provide a nominated bank account from which payment will be deducted;
7.5 EASY INTEREST takes reasonable steps to secure your payment information and use a payment system that is sufficiently secure, with reference to accepted technological standards at the time of the transaction and the type of the transaction concerned;
8. SECURITY PROCEDURES FOR PAYMENT
8.1 EASY INTEREST uses Paystack, an online payment platform and its security safeguards include, but are not limited to data encryption, firewalls, and physical access controls to our buildings and files, and only granting access to personal information to employees who require it to fulfil their job responsibilities.
8.2 Paystack implements access control measures, security protocols and standards including the use of encryption and firewall technologies to ensure your card information is safe and secure in our servers. Additionally, it implements periodical security updates to ensure that the security infrastructures are in compliance with reasonable industry standards.
9. THE WORK
9.1 EASY INTEREST has taken reasonable steps to ensure the integrity of this Site and its contents;
9.2 Upon request and acceptance of the Service, exchange of the information should take place within a couple of minutes but read and understood with 10;
9.3 Invoices for transactions are available on the Site for download by the User;
9.4 The SMS Service is optional and serves as an additional service rendered and also read and understood with 10.
10.1 The User accepts that the Service or any part thereof:
10.1.1 Is based on instructions and Information provided to EASY INTEREST by the User at a particular point in time;
10.1.2 EASY INTEREST does not take responsibility for the interest rate provided by the User;
10.1.3 Does not constitute any audit service and is not intended to replace or serve as a substitute for any advisory, tax or other professional advice, consultation or service;
10.1.4 Remains subject to variables and the accuracy of the Interest calculated remains the responsibility of the User;
10.1.5 Cannot be used as a defence in any legal actions;
10.1.6 Is created for the Purpose only;
10.1.7 May not be applicable or relevant to a Third Party;
10.1.8 May not be applicable or relevant for the Purpose should the instructions and Information differ or change over time.
11.1 This service is for personal use only and it is strictly prohibited to circulate or reproduce all or part of the content for other purposes, in any form whatsoever;
11.2 Copyright in all material, information, calculations and logos presented on this Site vest in EASY INTEREST;
11.3 Materials on this Site may not be modified, reproduced, publicly displayed, performed, distributed or used for any public or commercial purposes without explicit permission.
12. LIMITATION OF LIABILITY
12.1 EASY INTEREST shall not be liable to the User nor any cessionary nor third party claiming through or on behalf of the User or any indirect, special, punitive or consequential damages arising out of or related to this Service;
12.2 EASY INTEREST shall not be liable to the User or to a Third Party for any loss or damages arising from or which is caused by:
12.2.1 Force Majeure;
12.2.2 A breach by the User of its obligations in terms of this Agreement.
12.3 A breach by the User of its obligations in terms of this Agreement.
12.4 Information is provided “as is” without warranties of any kind, express or implied, including accuracy, timeliness and completeness.
12.5 The User enters the interest rate for the Purpose of the Service requested and EASY INTEREST does not warrant the accuracy or legality of the interest rate in accordance with the NCR or NCA.
13.1 The Agreement is governed by the laws of South Africa;
13.2 EASY INTEREST shall not act outside the scope of the Law applicable and encourages Users to report corrupt activities;
13.3 Any User that delivers or attempts to deliver any damaging code to this website or attempts to gain unauthorised access to any page on the Site shall be criminally prosecuted.
14. ELECTRONIC AND COMMUNICATIONS ACT 25/2002 (ECTA)
14.1 EASY INTEREST is a product of Kurious Tech (Pty) Ltd, with registration number 2021/487307/07;
14.2 Directors are Neall Allan Siems, Ryan Ray Siems, Casper de Waal and Tilana Steyn;
14.3 Kurious Tech (Pty) Ltd is located at 15C Fairview Park, Cnr Knysna Road and First Street, George East 6527 and chooses this address for purposes of any communication to be delivered.
14.4 The website is www.kurious.tech and contact can be made at email@example.com;
14.5 Kurious Tech (Pty) Ltd has no membership of any self-regulatory or accredited bodies;
14.6 There is no code of conduct to which Kurious Tech (Pty) Ltd subscribes;
15. ALTERATIONS TO TERMS AND CONDITIONS
15.1 EASY INTEREST has the sole discretion to change the terms and conditions of this Site at any time, without prior notice to the User;
15.2 Users are encouraged to stay updated and regularly check the Terms and Conditions available on the Site.