Common use of CARD USAGE Clause in Contracts

CARD USAGE. The card is a prepaid card. The card allows you to access funds loaded or deposited into your card account. The card is not a credit card. You will not receive any interest on the funds in your card Account. Your funds will never expire, regardless of the expiration date on the front of your card. You understand that ▇▇▇▇▇▇ Bank cards are protected by the requirement that the cardholder - named on the card- shall insert his/her PIN (as defined hereinafter) before any transaction being authorized on the card account. Therefore, the person named on the card shall be the only person using it for any transaction whatsoever. You shall not allow any person to use your card unless such use is allowed under these terms and conditions. You shall be solely responsible for safeguarding the cards and the PIN against any unauthorized use, and as such, you shall be liable for any transaction that may be concluded using your card details and PIN regardless of whether or not you are actually the person making the transaction. You shall have no right to request any reimbursement or a refund of any transaction that you may claim to be made on your card account by any other person as any transaction will be deemed to be made by you so long as the cards details and PIN were used for such a transaction to be concluded. You understand the risks associated with giving possession of the card or disclosing the PIN, to any other person and you agree to bear any and all consequences if you decided to do so. The use of any card issued by ▇▇▇▇▇▇ Bank shall be subject to, and conditional upon, the full adherence by you to all the instructions and guidelines issued by Visa or Mastercard as amended from time to time (the “Guidelines”). By signing this Agreement, you acknowledge that you have read and understood the Guidelines and undertake to adhere to each term thereto as may be amended from time to time. • The customer will have the option to have his/ her card in form of a “Virtual card” or a “Physical card”. • The customer can choose to replace his card from physical to virtual or from virtual to physical at any point of time but cannot be in possession of both card types simultaneously for the same card.

CARD USAGE. The card is a prepaid card. The card allows you to access funds loaded or deposited into your card account. The card is not a credit card. You will not receive any interest on the funds in your card Account. Your funds will never expire, regardless of the expiration date on the front of your card. You understand that ▇▇▇▇▇▇ Bank cards are protected by the requirement that the cardholder - named on the card- shall insert his/her PIN (as defined hereinafter) before any transaction being authorized on the card account. Therefore, the person named on the card shall be the only person using it for any transaction whatsoever. You shall not allow any person to use your card unless such use is allowed under these terms Terms and conditionsConditions. You shall be solely responsible for safeguarding the cards and the PIN against any unauthorized use, and as such, you shall be liable for any transaction that may be concluded using your card details and PIN regardless of whether or not you are actually the person making the transaction. You shall have no right to request any reimbursement or a refund of any transaction that you may claim to be made on your card account by any other person as any transaction will be deemed to be made by you so long as the cards details and PIN were used for such a transaction to be concluded. You understand the risks associated with giving possession of the card or disclosing the PIN, to any other person and you agree to bear any and all consequences if you decided to do so. The use of any card issued by ▇▇▇▇▇▇ Bank shall be subject to, and conditional upon, the full adherence by you to all the instructions and guidelines issued by Visa VISA or Mastercard as amended from time to time (the “"Guidelines”"). By signing this Agreement, you acknowledge that you have read and understood the Guidelines and undertake to adhere to each term thereto as may be amended from time to time. • The customer will have the option to have his/ her card in form of a “Virtual card” or a “Physical card”. • The customer can choose to replace his card from physical to virtual or from virtual to physical at any point of time but cannot be in possession of both card types simultaneously for the same card.