Common use of Consents and Acknowledgments Clause in Contracts

Consents and Acknowledgments. The Company and the user agree to, and acknowledge, the following: 1. The Service includes: collecting and making payments for actual transactions as an agent, accepting deposits of funds as stored value funds, and transferring funds between e-payment accounts or other businesses approved by the competent authority. The Company provides all, or part of, the Service as applied for by the user or in accordance with the scope of business permitted by law. 2. The Company shall be responsible for disputes arising from the provision of the Services under this Contract, whereas disputes arising out of other transactions between users that are unrelated to the Service will be dealt with according to the legal relationship between the users. 3. The Company and the user may use electronic documents as a declaration of intent. The validity of such electronic document shall be the same as a written document, provided that the content of the electronic document can be presented in its integrity, is sufficient for identification purpose, and can remain accessible for future reference. 4. When the user makes a withdrawal from its e-payment account, the Company will not pay in cash, but shall transfer the withdrawn funds into a same-currency bank deposit account of the user. 5. The ownership and utilization of interest or other income earned from funds of the user that are deposited in a dedicated deposit account shall be determined in accordance with applicable rules and regulations. 6. The user shall not use the Service in an illegal manner, nor shall the user provide its e-payment account for illegal use. In case of violation, the user shall assume the legal consequences thereof. 7. When the user has opened more than one e-payment account at the Company, the amounts of payment received and made by respective accounts shall not exceed the limit set out for that type of account, whereas the total limits on those accounts combined shall not exceed the highest limit set for e-payment accounts registered and opened by the user. 8. The Company’s policy for users’ payment refund is as follows: the money will be returned to the original e-payment account, but the balance of stored value shall still be in accordance with Paragraph 2 of Article 6 hereof; if the Company is unable to handle the refund operation as described above, the refund will not be paid in cash; instead, the user shall provide his/her own deposit account, and the Company will transfer the refund to such deposit account after verification. 9. The Company in the event of allowing user to carry out automatic value deposit service by credit card or payment via agreed linked deposit account, limited amount of automatic value deposit for each application and automatic value deposit on each day shall be agreed on with the user, and the mechanism allowing the user to adjust limited amount at any time and to stop the automatic value deposit service shall be provided. 10. If the user is a minor, the Company may make adjustment (reduction) to stored value, e-payment account transfer and transaction limit within the statutory limit. The legal representative may also apply for the aforementioned adjustment, transaction data and other related information of the minor user’s e-payment account. 11. With respect to stored value, e-payment account transfer and transaction limit on an e-payment account of a minor, the Company may adjust the limit automatically within the statutory limit according to a major once he/she is reaching twenty years of age. 12. Once a declaration of foreign exchange is required, the user of cross-border service shall agree and authorize the Company to declare and submit materials as requested by the competent authority of foreign exchange pursuant to the Act Governing the Declaration of Foreign Exchange Receipts and Disbursements or Transactions and other related regulations.