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Depot.co.ke

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Payment Terms & Conditions

DEPOT.CO.KE PROCESSES PAYMENT TRANSACTIONS ON YOUR BEHALF EACH TIME A CONTRIBUTION OR PURCHASE IS MADE. ALL PAYMENTS ARE APPLIED TO THE PURCHASE OF GOODS OR SERVICES AND CAN BE REDEEMED AT ANY TIME FROM THE RETAILER OR SERVICE PROVIDER.

DEPOT.CO.KE IS NOT A BANKING INSTITUTION OR OTHER CHARTERED DEPOSITORY INSTITUTIONS AND DOES NOT REPRESENT ITSELF AS SUCH. DEPOT.CO.KE MERELY PROVIDES USERS WITH A PLATFORM TO PURCHASE GIFT VOUCHERS OR FACILITATE PROVISION OF GOODS OR SERVICES.

By using the cryptographic digital currencies we provide as your method of payment, you acknowledge and agree to be bound by these Terms & Conditions. These Terms & Conditions apply in addition to the terms and conditions contained in our Website Terms & Conditions. If there is a conflict between these Terms & Conditions and our Website’s Terms & Conditions with respect to cryptographic digital currencies transactions, these Terms & Conditions apply. If you do not agree with all of these Terms & Conditions, do not proceed to checkout.

Risk Warnings

Cryptographic digital currencies carry special risks not generally shared with official currencies or goods or commodities in a market. Unlike most currencies, which are backed by governments or other legal entities, or by commodities such as gold or silver, cryptographic digital currencies are a unique type of currency, backed by technology and trust. There is no central bank that can take corrective measure to protect the value of cryptographic digital currencies in a crisis, or issue more currency.

The price or value of cryptographic digital currencies can rapidly increase or decrease at any time and may even fall to zero. The risk of loss in holding cryptographic digital currencies can be substantial and can result in the loss of your entire exposure.

There may be additional risks that we have not foreseen or identified in these  Terms or our other risk warnings.

You should carefully assess whether your financial situation and tolerance for risk is suitable for any form of exposure to cryptographic digital currencies.

The information on the Website is provided for information purposes only and is not intended to be and does not constitute financial advice or any other advice. Depot.co.ke is not responsible for any decision made by you. You are responsible for conducting your own research and before using the available platforms to make any decision, you should undertake your own due diligence and seek independent advice from an appropriately qualified third party. The information provided on the Website or in any communication containing a link to the Website is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation or which would subject Depot.co.ke or its Affiliates to any registration requirement within such jurisdiction or country.

Paying with Cryptographic digital currencies

We do not guarantee and are not responsible for the availability of our payment processor’s services. To checkout, you will be re-directed to our payment processor’s website, where you will see the total cost of your order with the available cryptographic digital currencies, based on an exchange rate set by our payment processor. The price of the cryptographic digital currencies you select will remain valid for 5 minutes. If you do not initiate a payment during this time, the Cryptographic digital currency exchange rate will be updated and the price of the cryptographic digital currency you selected for your order may change.

Cryptographic digital currencies network transaction fees.

Transactions for cryptographic digital currencies are final. Once you initiate a cryptographic digital currency transaction, you cannot cancel it (provided however that you may seek a refund per our refund policy described below). This is inherent in the nature of cryptographic digital currencies' networks, not a policy set by Depot.co.ke Under payments and over payments. If you attempt to initiate a payment of a cryptographic digital currency different from the exact cost of the order indicated by our payment processor, your order will not complete. You will be required to re-submit payment for the correct amount in order to complete the order. After a failed payment, the exchange rate of the cryptographic digital currency may update or you may be required to restart the order and checkout process. Transactions complete once confirmed. Once the transaction of a cryptographic digital currency is submitted to the network, it will be unconfirmed for a period of time (usually about 10 minutes, but sometimes longer) pending full verification of the transaction by the network. A transaction is not complete until it is fully verified.

Refunds

Whether your order qualifies for a refund is governed by our Website Terms of Use, regardless of the cryptographic digital currency used. In order to claim a refund on an order with the cryptographic digital currency used, you will have to follow certain procedures in order to claim your refund, as explained below. Refunds issued for the USD value of your order. Your refund will either be issued in the cryptographic digital currency used for the USD value of your booking, but in both cases less any applicable fees, including any cancellation fees. If you receive your refund in the cryptographic digital currency used, your refund will be converted from USD to the cryptographic digital currency used based on an exchange rate at the time your claim is approved. You acknowledge that if the value of the cryptographic digital currency used against USD has risen since the time of your purchase, you will receive less cryptographic digital currency than you paid at the time of ordering.

Blog Section

Our blog section is developed to provide more insight into our innovative products and also offers a creative platform for creative writing, expression of varied interests and opinions. The views expressed in the blog section are those of the author(s) and do not necessarily reflect our views. The blog and other sections may contain links to content on third-party websites. By providing such links, website does not adopt, guarantee, approve or endorse the information, views or products available on such websites. 

The opinions expressed in the blog section the author’s own. Depot.co.ke is not responsible for or liable for any content, accuracy or quality within articles posted in the blog section. Readers should do their own due diligence before taking any actions related to the content. Depot.co.ke is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any information in the blog section.

Maximum order value.

Orders for collection are subject to a maximum value of $1400 or the equivalent of KES 140,000 per recipient per day. Unless otherwise stated.

Order Delivery

There may be a slight delay between purchasing and delivery due reasons beyond our control.

Paypal

If you choose to use PayPal as the payment method for your online purchase, you will be redirected to the PayPal’s payment site. Once you are on PayPal’s payment site, Depot.co.ke is no longer responsible for protecting any personal and financial information that you provide to PayPal. Your PayPal account and any activities/transactions occurring under PayPal’s payment site are governed by PayPal’s terms and conditions and the information provided to PayPal in relation hereto will be governed by PayPal’s Privacy Policy. This includes their refund policy.