Registration in the System. 2.1. In order to start using Alphapay services, the Client has to register in the System. ▇▇▇▇▇▇▇▇ has the right to refuse to register the new Client. In such cases Alphapay must to indicate the reasons (legal and factual ground). ▇▇▇▇▇▇▇▇ assures that the refusal to register will always be based on significant reasons. 2.2. When registering in the System, first of all, a Profile for the Client’s Representative is created. The Profile is personal, thus each representative of the Client who has the rights to manage the Profile shall register in the System, create their personal Profile, and perform the Client identification procedure required by the System. 2.3. The Account for the Client can be opened by the Client’s Representative. Up to two accounts can be opened by the Client. By registering the Client in the System, the Client's Representative confirms that they are duly elected or appointed to represent the Client, also that the legal entity represented by them is properly established and operates lawfully. The Client’s Representative must provide the documents specified in the System in order to be duly verified under the procedures laid down in the System. The Client's Representative opening the account has the right to grant the rights to manage the Account to other authorised persons of the Client after they register in the System and create their own personal Profiles. 2.4. The Agreement comes into force after the Client’s Representative has registered the Client in the System, learned the terms and conditions of the present Agreement, and electronically expressed their consent to comply with them. The Agreement is valid for an unlimited period of time. 2.5. By registering in the System, the Client confirms that they agree to the terms of the Agreement and undertakes to observe them. 2.6. The Client confirms that they have provided the correct data when registering in the System and, if there is a need to change or add data, the Client will submit correct data only. The Client shall bear any losses that may occur due to the submission of invalid data. 2.7. In order for Alphapay to start or continue the provision of Services, the Client and/or the Client’s Representative shall confirm the Profile, the provision of a new Service or a part of a Service and perform the client identification procedure under the circumstances and procedures set out in the Agreement or in the System. The client identification procedure, confirmation of the Profile, and provision of new Services is performed in order to ensure the protection of the interests of the Client and Alphapay. 2.8. Alphapay has the right to demand data and/or documents that would help Alphapay identify the Client and/or receive significant information necessary for proper provision of Alphapay’ Services to the Client. Specific data and/or documents to be submitted shall be indicated in the message to the Client about the necessity to perform client identification or other verification procedures. 2.9. For the purpose of performing client identification, Alphapay has the right to demand the Client to perform the following actions: 2.9.1. provide originals of the documents required by ▇▇▇▇▇▇▇▇ and/or their copies and/or copies of documents approved by a notary or another person authorised by the state;
Appears in 1 contract
Sources: Payment Services Agreement
Registration in the System. 2.1. In order to start using Alphapay services, the Client has to register in the System. ▇▇▇▇▇▇▇▇ has the right to refuse to register the new Client. In such cases Alphapay must to indicate the reasons (legal and factual groundgrounds). ▇▇▇▇▇▇▇▇ assures that the refusal to register will always be based on significant reasons.
2.2. When If the Client is represented by Client’s Representative, when registering in the System, first of all, a Profile for the Client’s Representative is created. The Profile is personal, thus each representative of the Client who has the rights to manage the Profile shall register in the System, create their personal Profile, and perform the Client identification Identification procedure required by the System.
2.3. The Account for the Client can be opened by the Client and the Client’s Representative. Up to two three accounts can be opened by the Client. By If the Client is registered by the Client’s Representative, by registering the Client in the System, the Client's Representative confirms that they are duly elected or appointed to represent the Client, also that the legal entity represented by them is properly established and operates lawfully. The Client’s Representative Client must provide the documents specified in the System in order to be duly verified under the procedures laid down in the System. The Client's Representative Client opening the account Account has the right to grant the rights to manage the Account to other authorised persons of the Client after they register in the System and create their own personal Profiles.
2.4. The Agreement comes into force after the Client’s Representative has Client is registered the Client in the System, learned the terms and conditions of the present Agreement, and electronically expressed their consent to comply with them. The Agreement is valid for an unlimited period of time.
2.5. By registering in the System, the Client confirms that they agree to the terms of the Agreement and undertakes to observe them.
2.6. The Client confirms that they have provided the correct data when registering in the System and, if there is a need to change or add data, the Client will submit correct data only. The Client shall bear any losses that may occur due to the submission of invalid data.
2.7. In order for Alphapay to start or continue the provision of Services, the Client and/or the Client’s Representative shall confirm the Profile, the provision of a new Service or a part of a Service and perform the client identification Client Identification procedure under the circumstances and procedures set out in the Agreement or in the System. The client identification Client Identification procedure, confirmation of the Profile, and provision of new Services is are performed in order to ensure the protection of the interests of the Client and Alphapay.
2.8. Alphapay has the right to demand data and/or documents that would help Alphapay identify the Client and/or receive significant information necessary for proper provision of Alphapay’ Services to the Client. Specific data and/or documents to be submitted shall be indicated in the message to the Client about the necessity to perform client identification Client Identification or other verification procedures.
2.9. For the purpose of performing client identificationClient Identification, Alphapay ▇▇▇▇▇▇▇▇ has the right to demand the Client to perform the following actions:
2.9.1. provide originals of the documents required by ▇▇▇▇▇▇▇▇ Alphapay and/or their copies and/or copies of documents approved by a notary or another person authorised by the state;.
2.10. Terms, locations, procedures, and prices of the Client Identification procedure are specified in the Special Terms .
2.11. In separate cases, when performing duties established by the legislation or if it is required due to the type of the document (e.g., the original of the document has to be provided), Alphapay has the right to demand from the Client to perform the Client Identification procedure by a specific method indicated by Alphapay (e.g. at the Client service branch).
2.12. The Parties agree that the Client can confirm (sign) documents (e.g. agreements, consents, etc.) by electronic means (including, but not limited to, signing with a stylus pen on the screen).
2.13. Alphapay has the right to demand additional information and/or documents related to the Client or transactions executed by them, and has the right to suspend a transaction of the Client until the Client provides additional information and/or documents related to the suspended transaction. ▇▇▇▇▇▇▇▇ also has the right to request the Client to fill in and periodically update the Client's questionnaire. If the Client does not provide additional information and/or documents within a reasonable time period set by Alphapay, Alphapay has the right to suspend the provision of all or a part of the Services to the Client. ▇▇▇▇▇▇▇▇ has the right to demand copies of the documents certified by a notary and/or translated into at least one of the Acceptable Languages. All documents and information are prepared and provided at the expense of the Client.
2.14. The Client shall receive a notification about the confirmation of the Profile, provision of a new Service, or renewed provision of a suspended Service via the email address that was specified by the Client or Client’s Representative during registration in the System or via SMS message if only a mobile telephone number was provided during registration. Upon request of the Client, Alphapay shall provide information on terms the Agreement and provision of Services in writing or durable medium.
Appears in 1 contract
Sources: General Payment Services Agreement
Registration in the System. 2.13.1. Before starting to use the Payment Services, the Client shall register in the System and create a Profile. The Client’s authentication and registration in the System shall be carried out in accordance with the requirements of the applicable legal acts. The Client acts through Representatives. In order for the Representative to start using Alphapay servicesbe properly authenticated and login to the System, each time when logging into the System the Representative may be requested to provide the login information known only to him/her (knowledge factor), to provide an additional code generated solely by the Representative’s own mobile device or sent to such device (possession factor) or to confirm any biological traits the Representative has (inherence factor).
3.2. The head or another duly authorized representative of the Client who has the powers specified in legal acts and (or) other documents to act on behalf of the Client (the Representative) shall be entitled to register in the System on behalf of the Client. By registering in the System on behalf of the Client, the Representative confirms that he/she has been duly appointed and that the legal entity he represents is properly established and operating legally. The Representatives shall properly identify themselves in accordance with the procedures set forth in the System by submitting the information and (or) documents specified in the System and (or) required by FinCause.
3.3. The prices of setting up and maintaining the Profile are specified in the Pricing available in the System as well as on the website of FinCause.
3.4. Upon the proper completion of all registration procedures in the System (i.e., the proper registration in the System) and concluding of the Special Terms, the Agreement shall be deemed to have been concluded and Account opened.
3.5. ▇▇▇▇▇▇▇▇ has The Client ensures that only correct data about the Client and its Representatives is provided during the registration in the System and any subsequent amendments or completions.
3.6. FinCause shall have the right to request from the Client any data and (or) documents necessary to identify the Client and Representatives and (or) obtain material information about the Client and Representatives for the proper provision of the Payment Services. FinCause shall have the right to ask the Client to perform the following actions and the Client shall perform such actions:
3.6.1. provide a valid list of persons who directly or indirectly control the Client, i.e. directly or indirectly hold a certain percentage of shares or voting rights in the Client. By submitting such a list, the Client shall confirm that it is accurate and up-to-date and that the listed persons hold the shares (and voting rights) on their behalf and not on behalf of third parties. FinCause reserves the right to refuse to register provide the new Payment Services if it turns out that the beneficiaries of the legal entity cannot be identified (e.g. the beneficiaries of the legal entity are holders of bearer shares);
3.6.2. provide any additional information as well as the originals and (or) copies of any documents related to the Client or its operations and fill in the Client's identification form periodically (at least once a year);
3.6.3. certify by a notary or other authorized person the copies of the documents submitted to FinCause, have them certified by the Apostille or legalized, and (or) translate such documents into at least one of the Accepted Languages;
3.6.4. all documents and information shall be prepared and provided at the Client’s expense. If the Client fails to provide additional information and (or) documents within a reasonable period set by FinCause, FinCause shall have the right to suspend the provision of all or part of the Payment Services to the Client or refuse to provide such services.
3.7. The Client undertakes to consider himself duly identified, acknowledges messages, instructions and documents sent to FinCause through the System duly signed and confirmed, provided that the Client had been authenticated in accordance with this Agreement and other applicable agreements and (or) legal acts at the beginning of the communication session. All messages sent to the Client by e-mail indicated in the Profile shall be considered received by the Client at the end of the same day.
3.8. The Client's login name, password and other Client’s authentication information (Means of Identification) shall be considered to be confidential information and the Client shall (as well as ensure that its Representatives will) protect such information, shall not disclose it to any third party, and shall notify FinCause immediately upon discovering or suspecting that third parties have gained access to such information. In such cases Alphapay must to indicate addition, the reasons (legal and factual ground). ▇▇▇▇▇▇▇▇ assures Client is aware that the refusal mobile phone used for the phone number that is indicated by the Client and Representative to register will always be based on significant reasonsFinCause (as well as SIM card issued for such number) as well as any devices used to store the mobile app of FinCause are used as Means of Identification and the Client shall ensure full protection of such devices, including from unauthorized access to them.
2.23.9. The Client shall immediately notify FinCause in writing (e.g. through the System or by e-mail) about any changes in its details and details of its Representatives.
3.10. When registering in the System, first of all, a Profile is created for the Client’s Representative is created. The Profile is personalpersonal and only its owner, thus each representative of i.e. the Client who has (acting through the rights to manage the Profile shall register in the SystemRepresentatives), create their personal Profile, and perform the Client identification procedure required by the System.
2.3. The Account for the Client can be opened by the Client’s Representative. Up to two accounts can be opened by the Client. By registering the Client in the System, the Client's Representative confirms that they are duly elected or appointed to represent the Client, also that the legal entity represented by them is properly established and operates lawfully. The Client’s Representative must provide the documents specified in the System in order to be duly verified under the procedures laid down in the System. The Client's Representative opening the account has the right to grant the rights to manage the Account to other authorised persons of use it. Once the Client after they register has registered in the System (the Client has performed all necessary registration steps and create their own personal Profiles.
2.4. The Agreement comes into force after the Client’s Representative has registered KYC (Know Your Customer) procedures have been passed), the Profile is created, and the Client in is enabled to use the System, learned the terms and conditions of the present Agreement, and electronically expressed their consent to comply with them. The Agreement is valid for an unlimited period of timePayment Services through Representatives.
2.5. By registering in the System, the Client confirms that they agree to the terms of the Agreement and undertakes to observe them.
2.6. The Client confirms that they have provided the correct data when registering in the System and, if there is a need to change or add data, the Client will submit correct data only. The Client shall bear any losses that may occur due to the submission of invalid data.
2.7. In order for Alphapay to start or continue the provision of Services, the Client and/or the Client’s Representative shall confirm the Profile, the provision of a new Service or a part of a Service and perform the client identification procedure under the circumstances and procedures set out in the Agreement or in the System. The client identification procedure, confirmation of the Profile, and provision of new Services is performed in order to ensure the protection of the interests of the Client and Alphapay.
2.8. Alphapay has the right to demand data and/or documents that would help Alphapay identify the Client and/or receive significant information necessary for proper provision of Alphapay’ Services to the Client. Specific data and/or documents to be submitted shall be indicated in the message to the Client about the necessity to perform client identification or other verification procedures.
2.9. For the purpose of performing client identification, Alphapay has the right to demand the Client to perform the following actions:
2.9.1. provide originals of the documents required by ▇▇▇▇▇▇▇▇ and/or their copies and/or copies of documents approved by a notary or another person authorised by the state;
Appears in 1 contract