Terms of Service

Our Agreement with You

These Terms of Use govern your relationship with Hook and your use of our website, mobile app, and services.

Last updated: September 11, 2025

Introduction

These Terms of Use (“Agreement”) are between you and Hook Technologies Limited (“Hook,” “we,” “our,” or “us”). It governs your use of the Hook website, mobile app, and services (the “Platform”).

Hook is duly registered with the Nigeria Data Protection Commission (NDPC) as a Data Controller of Major Importance in line with the Nigeria Data Protection Act, 2023. We also comply with the Ghana Data Protection Act, 2012 (Act 843) and maintain registration with the Ghana Data Protection Commission (DPC) where required. This ensures your personal data is collected, stored, and processed in line with applicable national standards.

1. Acceptance of Terms

By registering and opening an account with Hook, you have unconditionally agreed to and accepted our terms of use. If you do not agree with any of these terms, please desist from using the Hook website, app, and its services.

Please note that these terms may be revised and reissued at any time. Your continued use of the Hook Platform will be deemed as an irrevocable acceptance of any revisions. Notwithstanding the above, we will strive to notify you of changes to these terms which significantly affect your rights and obligations. Such notices shall be sent to the email address you provided as part of your account registration and it is your responsibility to keep your contact information up-to-date.

2. Our Products And Offerings

Hook as a platform bridges the gap between individuals who need liquid cash and businesses who need discounted gift cards as a payment alternative. We provide services using our website (hook.ng), mobile app, and API (all together referred to as “Hook Platform”).

Our services enable individuals to exchange gift cards and vouchers for cash equivalent (herein referred to as ‘customers’ or ‘clients’ or ‘users’), and also enable businesses to get discounted gift cards as payment alternatives (herein referred to as ‘partners’).

3. Eligibility

To be eligible for the use of Hook Platform, you must:

  • Complete the registration process.
  • Not be less than 18 years of age as an individual and must possess the authority to accept the terms of use on behalf of or if it’s a company.
  • Not have been previously suspended or banned from the use of Hook Platform.
  • Pass all KYC and compliance requirements.
  • Not violate any law and regulation applicable to you, including but not limited to regulations on anti-money laundering, anti-corruption, and counter-terrorist financing.

4. Identity Verification

You hereby authorize Hook to, directly or through the use of a third party or parties, make any inquiries we consider necessary to verify your identity and/or your transaction and/or protect against fraud, including to query identity information contained in public reports (e.g., your name, address, past addresses, or date of birth), to query account information associated with your linked bank account (e.g., name or account balance), and to take action we reasonably deem necessary based on the results of such inquiries and reports. You further authorize any and all third parties to which such inquiries or requests may be directed to fully respond to such inquiries or requests.

5. Security of Account

Hook remains committed to the security of the platform, user data, and user assets, however, it is important that Hook users treat the login credentials used to access the platform as confidential information and avoid disclosure to any other party, or parties. As a user, you hereby agree that you are totally responsible for the security of your account and its login credentials.

Hook shall not be liable for any loss or damage caused by authorised or unauthorised use of your login credentials. You hereby acknowledge that you understand that Hook will never ask for your login credentials via email, SMS, social media, instant messenger, or any other channel.

6. Transaction Cancellation and Refund

Transactions on Hook may be cancelled within a certain time window if requested by a user. Transactions may also not be cancelled after a certain time window. You understand that the time window is totally dictated by Hook, and generally depends on the transaction status and the processing stage. You invariably agree that Hook ultimately dictates if a transaction may be cancelled or not.

Hook may also cancel a suspicious transaction, or if we believe it’s beyond our risk appetite, or if you are unable to provide all required information (like a purchase receipt) to verify the authenticity and legality of your transaction.

7. Transaction Modification

Hook may modify a transaction if submitted with wrong transaction details (perceived or otherwise). By using Hook, you agree that Hook may also modify your transaction in its best interest, or in your best interest, notwithstanding, our quality assurance policies ensure that you are satisfied as a user.

8. Prohibited Activities

The use of the Hook platform, or its services, or provided API prohibits that you:

  • Breach its terms of use or privacy policies.
  • Attempt to trade in an asset that was not legally obtained by you.
  • Facilitate, engage or partake in any fraudulent activities including but not limited to any actions to defraud Hook, its users, or any individual or company.
  • Breach any laws and regulations applicable to you.
  • Act in a defamatory or harassing manner to Hook, its agents, or its users.
  • Provide false personal information.
  • Carry out automated activities that consume an unreasonable amount of Hook’s infrastructure.

You hereby acknowledge that Hook reserves the right to restrict or terminate access to your Hook account or take legal actions upon the reasonable suspicion or conviction that you have carried out any of the prohibited activities.

9. Proprietary Rights

You acknowledge and agree that Hook is the exclusive owner of all intellectual property rights, including the Hook Platform, services, logos, trade names, brand names, designs, and necessary software used in connection with the Hook Platform. However, any proprietary rights associated with third-party logos, trade names, brand names, and designs shall belong to those third parties.

The Hook Platform may feature proprietary logos, service marks, and trademarks owned or used by the Company or others. Hook is not granting you any licence to use these proprietary marks by displaying them on the Platform, and unauthorised use may violate intellectual property laws.

You understand and acknowledge that Hook owns the Hook Platform, and these Terms and Conditions do not transfer any ownership, rights, or title from the Hook to you or any third party.

10. Privacy Policy

By using the Hook Platform, you acknowledge and agree to be bound by the terms of our Privacy Policy, which is incorporated by reference into these Terms and Conditions and can be found here.

Our Privacy Policy outlines the collection, use, and disclosure of personal information and other data by the Hook Platform. You are responsible for reviewing our Privacy Policy to understand how we use your information and data.

We may update or revise our Privacy Policy from time to time, and any changes will be effective immediately upon posting the revised Privacy Policy on the Hook Platform. By continuing to use the Hook Platform after any changes to the Privacy Policy, you agree to be bound by the updated or revised Privacy Policy.

11. Account Monitoring, Suspension, or Termination

Upon probable cause to believe that you have acted in violation of these Terms and Conditions or:

  • That any content or material or asset submitted or shared by you in or through the Hook platform violates these Terms of use or the intellectual property rights, other property rights, or the right to privacy of any third party.
  • We have reason to believe that your use of the Hook platform is in violation of any applicable law or regulation, or that you are using the services in a fraudulent manner or otherwise contrary to the purpose of this Agreement.
  • We have reason to believe that you have supplied false, misleading, or deceptive information in connection with your registration, identity verification, transactions, or any other use of the services, either to us or to another user.
  • You have not responded to our inquiries or supplied the information requested by us within a reasonable period of time.
  • We are required to do so under any applicable law, regulation, or an order issued by an authority.
  • If we determine that you have at any previous point in time violated this Agreement or any other agreement that you have entered into with us.

Upon the occurrence of ANY of the above, Hook shall immediately close, suspend or limit your account.

12. Grievance Policy

Hook believes in providing excellent service and strives to be sincere and transparent in its approach to customer service. Your confidence in us is of paramount importance to us and we would never place our personal growth before your interest.

We ensure a simply incredible and user-friendly experience for all our customers and in case of any complaint or concern, we do everything we can to fix them.

Hook has developed a procedure for prompt attention to the grievances of its customers with respect to various issues by setting up a “customer support” and “a dispute resolution mechanism”.

Customers can give their complaints/feedback only by using:

  • The live chat available on our public domain,
  • Calling our official contact number (+234 901 931 2249), or
  • Sending an email to help@hook.ng

You hereby agree that you are aware of our customer support channels, and we’re not liable for any damage or loss as a result of using any other unrecognized channel.

13. Disclaimers and Liability Limitation

  • Hook is not liable for delays or failures caused by events outside our control (e.g., internet outages, regulatory actions, natural disasters).
  • Third-party APIs or services used on the Platform may fail; we are not responsible for their performance.
  • To the fullest extent permitted by law, Hook disclaims liability for indirect, incidental, or consequential damages.

Hook makes use of the best services. Hook does not offer its services through social media. All transactions are done either on our official website (hook.ng), or on our mobile app downloadable on Apple Store or Google PlayStore.

14. Anti-Money Laundering Policy

Hook complies with:

  • The Money Laundering (Prohibition) Act, 2011 (as amended) (Nigeria).
  • The Terrorism (Prevention) Act, 2011 (as amended) (Nigeria).
  • The Central Bank of Nigeria AML/CFT Regulations, 2013.
  • The Ghana Anti-Money Laundering Act, 2020 (Act 1044) and related regulations.

We maintain transaction monitoring, reporting, and KYC processes, including cooperation with regulators such as the EFCC, SCUML, and the Ghana Financial Intelligence Centre (FIC).

15. Governing Law

This Agreement and the rights and obligations of the Parties hereunder shall be governed by and interpreted and construed as follows:

  • If you are in Nigeria, these Terms are governed by the laws of the Federal Republic of Nigeria.
  • If you are in Ghana, these Terms are governed by the laws of the Republic of Ghana.

16. Contact Details

If you have any questions or concerns regarding these Terms of Service, please contact us via:

Approved By Management
Updated this 11th day of September, 2025

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Category: Playstation

  • How Much Is A $500 Playstation Gift Card To Naira Today?

    How Much Is A $500 Playstation Gift Card To Naira?: The PlayStation, widely known as the most-used gaming console globally, is affectionately called ‘PS.’ Over time, it has diversified with various gaming consoles. Despite these changes, the outstanding quality of PlayStation games has remained consistently high throughout the years.

    How Much Is A $500 Playstation Gift Card To Naira Today?

    In addition to being one of the best gaming brands, PlayStation also offers the payment and funding option of gift cards. This means that there are gift cards that are PlayStation gift cards.

    A PlayStation gift card is a prepaid card that allows users to purchase games and make app purchases. It’s more like a bank with a simple card. So, while you’re desiring the latest update to Spiderman 4, you can satisfy those desires with a PlayStation gift card.

    In general, because the gift card carries a monetary value ranging from $50 to $500, etc., it can be effectively used for all monetary purposes on the gaming platform.

    500 PLAYSTATION GIFT CARD TO NAIRA

    Like many other unstable things, gift card prices rise and fall. We must understand that the digital world is very volatile, and the price of a $50 gift card might be all good today and will become an unbelievable amount tomorrow. If you have wondered how much a $500 PlayStation gift card is, this is for you. Read on as we carefully unveil what determines the prices and the current price of a $500 PlayStation gift card.

    How Much Is $500 Playstation Gift Card To Naira?

    The prices can vary based on where you’re buying and the current exchange rate. At the time of posting, the exchange rate is 606 Naira per dollar. So, a $500 PlayStation gift card would be 303,000 Naira (calculated as $500 x 606 = 606,000 Naira).

    Below is the table showing the prices for various denominations of PlayStation gift cards and their current rates.

    Gift Card Type Country Subcategory card Price (USD) Rate Amount In Naira
    PlayStation US (physical) 50 606 30,300
    PlayStation US (physical) 100 606 60,600
    PlayStation US (physical) 200 606 121,200
    PlayStation US (physical) 500 606 303,000
    500 PLAYSTATION GIFT CARD TO NAIRA

    What Does A Playstation Card Look Like?

    Maybe this is the first time hearing of a gift card, and you’re part of the minority that does not know what a gift card looks like. It’s all simple; from the name gift card, you would have expected that it would look more like a card, right? Exactly! It’s just like a card.

    Rectangular in shape and carrying the PlayStation logo and the monetary value of the card. There are different values for PlayStation gift cards which ranges from #50-$500.

    If the inscription says $50, it simply means that the monetary value for that card on the game purchases is equivalent to $50 in real money.

    A PlayStation gift card may be digital or physical. There are other types of gift cards, and they are all unique to their website or platforms, so the PlayStation gift card can only be used for payment and purchases on the PlayStation platform. If redeemed and exchanged for naira, the exchange price will be that of the PlayStation gift card to naira.

    Why Playstation Gift Card Proves To Be The Best

    What are the advantages of a PlayStation gift card over others? Is it the most preferred gift card? The answers to these questions are based on your preferences and choices. Some do not think one gift card is better than the other; rather, they consider the current rate of the card and make their own choices.

    However, the PlayStation gift card has its benefits too.

    1. Swift and reliable

    You don’t have to stress over paying with the PlayStation gift card. It is a hitch-free process and astoundingly reliable. The payment platforms are protected, and they have measures that aim to ensure the safety of your transaction.

    2. Good rates

    With a good price range on exchange, PlayStation gift card offers a good rate to their users

    3. Accessibility

    Unlike some gift cards, a PlayStation gift card is easy to get; it can be found everywhere, and if you need a physical copy, swift delivery will be made to you at your comfort.

    Why Should You Trade on Hook?

    1. Transaction speed

    Hook is widely known among its users for its quick transaction speed. All transactions are completed in under 5 minutes. When you need to exchange swiftly without delay, Hook is your best bet.

    2. High rates

    Looking for high rates for your gift cards? No other platform like Hook offers those exciting offers. You can also check the current rate for any gift card of your choice.

    3. Seamless transaction

    Abolish the idea of difficult gift card trading. With the Hook app, enjoy the benefit of seamless transactions.

    4. Excellent Customer service

    In case of any issues while selling your gift cards or during gift card purchases, do not hesitate to reach out to our customer support line. You will be attended to promptly and appropriately.

    5. Safe transaction

    All your details and card information are well-secured on the platform. You have no reason to fear.

    6. Guaranteed payment

    I understand the fear associated with gift card trading due to the large number of fake exchange agents on the internet. Here, your payment is processed immediately after a successful transaction.

    GIFT CARD – DEFINITION

    A gift card is also known as a gift certificate in North America, or gift voucher or gift token in the UK is a prepaid stored-value money card, usually issued by a retailer or bank, to be used as an alternative to cash for purchases within a particular store or related businesses.

    Gift cards are also given out by employers or organizations as rewards or gifts.

    They may also be distributed by retailers and marketers as part of a promotion strategy, to entice the recipient to come in or return to the store, and at times such cards are called cash cards.

    Gift cards are generally redeemable only for purchases at the relevant retail premises and cannot be cashed out, and in some situations may be subject to an expiry date or fees.

    American Express, MasterCard, and Visa offer generic gift cards that need not be redeemed at particular stores, which are widely used for cashback marketing strategies.

    A feature of these cards is that they are generally anonymous and are disposed of when the stored value on a card is exhausted.

    From the purchaser’s point of view, a gift card is a gift, given in place of an object which the recipient may not need, when the giving of cash as a present may be regarded as socially inappropriate.

    References for $500 Playstation Gift Card To Naira

    1. ^ “GIFT TOKEN”. Cambridge English Dictionary. Archived from the original on 16 September 2014. Retrieved 21 November 2018.
    2. ^ HORNE, DANIEL R. (2007). “Gift Cards: Disclosure One Step Removed”. The Journal of Consumer Affairs. 41 (2): 341–350. doi:10.1111/j.1745-6606.2007.00084.x. ISSN 0022-0078. JSTOR 23860062. Archived from the original on 8 October 2020. Retrieved 15 April 2021.
    3. ^ Jump up to:a b c d Hood, James R. (20 February 2006). “Congress Considers New Gift Card Rules”. consumeraffairs.com. Archived from the original on 8 March 2012. Retrieved 16 June 2008.
    4. ^ “2012 Holiday Gift Card Spending Report”. giftcardlab.com. 26 November 2012. Archived from the original on 3 December 2013. Retrieved 12 January 2013.
    5. ^ “Gift Cards and Financial Reporting”. archives.cpajournal.com. Archived from the original on 15 April 2021. Retrieved 15 April 2021.

  • How Much Is $100 PlayStation Gift Card In Naira [November 2023]

    PlayStation is a very popular brand, especially among guys and gamers generally. $100 PlayStation Gift Card In Naira: PlayStation is a very popular brand, especially among guys and gamers generally. PlayStation is a gaming console developed and produced by Sony. PlayStation offers a wide variety of games and entertainment options, and that makes it one of the most sought-after gaming brands.

    If you have been gifted a PlayStation gift card, and you want to find out the rate of a $100 PlayStation gift card in Nigeria, keep on reading!

    Forms of PlayStation Gift cards

    PlayStation gift cards are available as both physical and digital gift cards.

    Physical gift card

    As the name implies, these are the cards that can be held and they are usually sent to your mailbox after purchase.

    Digital gift card

    This type of gift card is virtual and can only be received through your email. Once purchased, you need to redeem your PlayStation gift card. These are available in Europe, US, and the UK.

    What Are PlayStation Gift Cards Used For?

    A PlayStation gift card is a prepaid card that can be used to purchase games, add-ons, and other content from the PlayStation Store. PlayStation gift cards come in different denominations and can be used to make purchases on the PlayStation Store from a PlayStation console, a computer, or a mobile device.

    How to check PlayStation Gift card balance

    To check your PlayStation gift card balance, you can either check online by shopping at the PlayStation network or call Sony.

    How to redeem your PlayStation gift card

    • go to the PlayStation store
    • click on your avatar at the top of the screen
    • select redeem codes
    • enter code and select redeem

    How much is $100 PlayStation gift card?

    The price of a gift card varies from time to time. The price of $100 PlayStation gift card at the present time might not be the same in the next hour. Currently, a $100 PlayStation gift card costs between 45,000 NGN to 60,000 NGN.

    If you are looking for the best rates for Gift cards in Nigeria, you can rest assured that you will find that on Hook. We have an automated gift card rate calculator that is updated every minute. This feature helps you to calculate your rate at any time and it is available both on the website and on the mobile application. Click on “current rates on Hook” to be updated on Gift card rates whenever.

    How to sell PlayStation Gift card on Hook

    If you have a PlayStation gift card you would like to trade for cash, here are 5 simple steps on how to go about it.

    1. Click here to create an account on Hook and proceed to log in
    2. Go to the “Gift card” category field and input the type of gift card you have (PlayStation in this case)
    3. Go to the “Gift card” sub-category field to further specify the type of PlayStation gift card you have
    4. Enter the amount of the card you want to sell. If you have between $100 and above, please specify
    5. Upload the card picture or write out the code if necessary
    6. The admin after receiving the trade details, will send you a notification email once the transaction is done

    Finally, wait for 5-15 minutes to get paid. That’s all!

    Do you know that aside from exchanging your PlayStation gift card for cash, you can also trade for Bitcoin as well? You can do this on this same platform.

    As some of you may be aware, we now have a mobile application. All of these steps still remain the same, if you’re using the app.