Background Pattern
Home
Legal Center
pattern

Merchant Policy

The official framework and terms of service for businesses and vendors scaling with Flur.

Business Terms
Last Updated: 30 Dec 2025
01

Introduction

This Merchant Policy outlines the rules and responsibilities of businesses using Flur for payment collection, POS operations, and business financial management. It is designed to ensure a secure merchant ecosystem and protect both businesses and their customers.

02

Merchant Eligibility

Registered Business

You must be a legally registered business entity or a recognized freelance operation in Nigeria.

Compliance Status

You must maintain active compliance with CAC and other relevant regulatory bodies.

Financial Standing

Merchants must have valid bank accounts and consistent business credentials to process payments.

Prohibited Sectors

Certain high-risk sectors may be restricted from using our payment collection tools.

Payments & Payouts

Payout Schedule

We provide clear and timely payouts to your designated merchant account. The standard payout cycle is T+1, ensuring consistent cash flow for your operations.

StandardNext Day Payout
SettlementAutomated

Transaction Security

Every transaction through Flur is secured with end-to-end encryption and real-time fraud monitoring.

  • Anti-fraud transaction scoring
  • Real-time dispute detection

Questions about merchant terms?View comprehensive version →