MiFi Global

MiFi App Terms and Conditions of Use

Version: 1.3 Effective Date: [Insert Date]

1. THE MiFi ECOSYSTEM AND CONTRACTING PARTIES

By accessing or using the MiFi Mobile Application (the “App”), you enter into a legally binding agreement with the following related entities (collectively, the “MiFi Group”):

  • 1.1. Platform Owner: MiFi Singapore Pte Ltd (“MiFi Singapore”), a company incorporated in Singapore. MiFi Singapore is the legal owner of the App, the underlying software, and the proprietary automated systems.
  • 1.2. Service Operator: MiFi Philippines [Insert Full Legal Name], a wholly-owned subsidiary of MiFi Singapore. MiFi Philippines is responsible for providing local credit facilities, managing “Hulugan” installments, and processing disbursements within the Republic of the Philippines.
  • 1.3. Affiliate: Provider Singapore Pte Ltd, a related entity that provides auxiliary support, data processing, and marketing services to the MiFi ecosystem.

2. PROPRIETARY TECHNOLOGY AND AUTOMATED LOGIC

  • 2.1. Intellectual Property: You acknowledge that the App, including the Automated Processing Logic, Algorithmic Credit Scoring, and proprietary methodology used to determine credit eligibility and interest rates, is the exclusive intellectual property of MiFi Singapore.
  • 2.2. System of Record: All financial calculations, credit limits, and balances are managed via an immutable proprietary ledger. In the event of any discrepancy, the records maintained by the MiFi Group’s internal ledger shall be the final and binding authority.
  • 2.3. Restrictions: You are strictly prohibited from attempting to bypass, decompile, or reverse-engineer the proprietary systems or methodology used by the App.

3. THE MiFi CREDIT FACILITY (“THE WEDGE”)

  • 3.1. Purpose: MiFi provides a micro-credit facility enabling the purchase of essentials via QRPH-compliant merchant scans.
  • 3.2. Pre-Approval & Skip-KYC: Certain users may be granted "Pre-Approved" status. While these users may be permitted to bypass certain onboarding steps ("Skip-KYC"), they remain fully liable for all transactions performed under their account as if full verification had been completed.
  • 3.3. Disbursement Finality: Once you authorize a QRPH payment, the disbursement to the merchant is final. The MiFi Group cannot reverse payments once successfully processed by our disbursement partners (e.g., Finmo).

4. “HULUGAN” (INSTALLMENT) TERMS

  • 4.1. Selection: At the point of scan, you may be offered the choice to pay in full or via a “Hulugan” (installment) plan.
  • 4.2. Locked Terms: Upon your confirmation of a transaction, the installment amount, frequency, and associated service fees for that specific transaction are final and immutable for the duration of that repayment plan.

5. PRIVACY, DATA PROTECTION, AND MARKETING CONSENT

  • 5.1. Collection and Use: You agree that the MiFi Group may store, process, disclose, and use data collected from you for the purposes of processing credit requests, identity verification (including Biometric Data and Government ID images), and delivering services. This includes personally identifiable data such as your full name, addresses, and identification numbers (IC, Passport, etc.).
  • 5.2. Marketing Consent (DNC Bypass): By providing your information, you grant express consent to receive information about new products, special offers, and promotions from the MiFi Group or its partners. This includes communication via voice calls, SMS, WhatsApp, and MMS, notwithstanding any listing on the “Do Not Call (DNC) Register” maintained by the PDPC of Singapore. This consent may only be withdrawn by serving written notice to the Company.
  • 5.3. Intercompany and Cross-Border Sharing: You grant express consent for your data to be shared among MiFi Singapore, MiFi Philippines, and Provider Singapore. You specifically acknowledge and consent to the cross-border transfer of data between Singapore and the Philippines required to facilitate the Service.
  • 5.4. Philippines Data Subject Rights: In accordance with the Philippines Data Privacy Act of 2012, you retain the right to: (i) Be informed of processing; (ii) Access your data; (iii) Rectify errors; (iv) Object to processing; and (v) File a complaint with the National Privacy Commission (NPC).
  • 5.5. Security: The Company implements reasonable technical and organizational measures to ensure the confidentiality and security of your information against unauthorized access, disclosure, or loss.

6. FEES, CURRENCY, AND REPAYMENT

  • 6.1. FX Rates: For transactions involving currency conversion (e.g., SGD/PHP), the exchange rate applied includes a markup determined by the MiFi Group’s automated pricing logic at the time of the transaction.
  • 6.2. Default: Failure to meet repayment obligations may result in the suspension of App access, reporting of delinquency to credit bureaus in Singapore and the Philippines, and engagement of third-party collection agencies.

7. GOVERNING LAW AND JURISDICTION

  • 7.1. Technology & Privacy: Disputes regarding App software, proprietary systems, or data handling by Singaporean entities are governed by the laws of Singapore.
  • 7.2. Lending & Credit: Disputes regarding credit agreements, interest, and collections within the Philippines are governed by the laws of the Republic of the Philippines and fall under the jurisdiction of the Bangko Sentral ng Pilipinas (BSP) and the Securities and Exchange Commission (SEC).