Service Registration. For the purpose of this Section the term “you” shall mean you, the natural person, as well as the business organization that you represent. You as the natural person must be authorized to act on behalf of the business and have the authority to bind the business to this Agreement. To use the Service, you have to register first. You are responsible to manage the 2000Charge Account, and you can manage it via the Internet by logging in to the Merchant Portal Profile with the personal login name and Password and carrying out additional authentication (Strong Customer Authentication). At this point, we will collect basic information including your name, company name, business details, personal identity code, date of birth, company location, contact email address, tax identification number, phone number, and a current government-issued form of identification, as applicable in your region. If you have not already done so, you will also need to provide an email address and password for the creation of your 2000Charge Account. It is solely your responsibility to keep all information in your Merchant Portal Profile current and valid. Depending on your geographical location, additional verifications may be requested, such as passport copy, business registration documents, shareholder listing, proof of address, etc. The list of documents is not exhaustive and only includes some of the most commonly required documents in the additional verification process. 2000Charge has also the right to demand from you to provide originals of the documents required by 2000Charge and/or their copies and/or copies of documents approved by a notary or another person authorized by the state. The 2000Charge Service is not available for money transfers or any other type of payments for personal, family, or household purposes. We will ask you to provide information such as your business EIN or Tax ID, social security number, date of birth, and personal code, depending on your geographical location, we will verify and validate your identity to assess your business risk. We may also ask for a business license, other business documentation or financial statements, connections with politicians, or other government-issued identification or any other information needed by law. If you do not provide the requested information within fourteen (14) days, we may have to terminate your 2000Charge Account. When you register for an 2000Charge Account and from time to time thereafter, your 2000Charge Account will be subject to verification, including, but not limited to, validation against third-party databases and the verification of one or more official government or legal documents that confirm the existence and the legitimacy of the business organization, identity of the persons representing the business organization and the identity of beneficial owner(s). You authorize 2000Charge to make any inquiries necessary to validate the existence and legitimacy of the business organization, persons representing it and its beneficial owner(s). 2000Charge has the right to refuse you to register without indicating the reasons, however, 2000Charge assures that the refusal to register will always be based on significant reasons which 2000Charge does not have to or does not have the right to reveal. When registering in the Merchant Portal, first of all, a Profile for you is created. The Profile is personal, thus each representative who has the rights to manage the Profile shall register in the Merchant Portal, create their personal Profile, and perform the identification procedure required by the Merchant Portal. The Account can be opened by you as a representative of your entity. By registering in the Merchant Portal, you confirm that you are duly elected or appointed to represent your entity, also that the entity is properly established and operates lawfully. You must provide the documents specified in the Merchant Portal to be duly verified under the procedures laid down in the Merchant Portal. When you are opening the Account, you have the right to grant the rights to manage the Account to other authorized persons after they register in the Merchant Portal and create their own personal Profiles. The Agreement comes into force after you have registered on the Merchant Portal, learned the terms and conditions of the present Agreement, and electronically expressed their consent to comply with them (by ticking the check-box). You confirm that you have provided the correct data when registering in the Merchant Portal and, if there is a need to change or add data, you will submit correct data only. You shall bear any losses that may occur due to the submission of invalid data. In order for 2000Charge to start or continue the provision of Services, you 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 Merchant Portal. The client identification procedure, confirmation of the Profile, and provision of new Services is performed to ensure the protection of the interests of the 2000Charge and you. 2000Charge has the right to demand data and/or documents that would help 2000Charge identify you and/or receive significant information necessary for the proper provision of 2000Charge Services to you. Specific data and/or documents to be submitted shall be indicated in the message about the necessity to perform client identification or other verification procedures. 2000Charge has the right to demand additional information and/or documents related to you or your transactions and has the right to suspend a transaction until you provide additional information and/or documents related to the suspended transaction. 2000Charge also has the right to request from you to fill in and periodically update some data. If you do not provide additional information and/or documents within a reasonable time period set by 2000Charge, we have the right to suspend the provision of all or a part of the Services. 2000Charge has the right to demand that all documents and information be submitted in English. You shall receive a notification about the confirmation of the Merchant Portal Profile, provision of a new Service, or renewed provision of a suspended Service via the email address that was specified by you during registration in the System. If you did not log in to the Merchant Profile and perform transactions in the Account for more than 12 (twelve) months, 2000Charge shall deem the Profile and the Account(s) are not in use (inactive). 2000Charge has the right to terminate the Agreement and close the Profile and the Account(s), informing you about the inactive Profiles and Accounts 60 (sixty) days prior to termination, provided the Profiles and Accounts are not in use (you have not made any Payment transactions) and there are no funds in the Accounts. If at least one inactive Account has funds in it, the balance on such Account (which is inactive) shall be issued to you or, at your instruction, transferred to another account no later than five working days after receipt of the relevant written statement from you. 2000Charge shall keep that account open for a period of 12 months, and if you fail to appear and if it is not possible to contact you after that time, 2000Charge shall close such account. If any funds remain in the account, 2000Charge will transfer such funds to its internal accounts.
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Sources: Terms and Conditions, Terms and Conditions
Service Registration. For the purpose of this Section the term “you” shall mean you, the natural person, as well as the business organization that you represent. You as the natural person must be authorized to act on behalf of the business and have the authority to bind the business to this Agreement. To use the Service, Service you have to register first. You are responsible to manage the 2000Charge Alternative Payments Account, and you can manage it via the Internet by logging in to the Merchant Portal Profile with the personal login name and Password and carrying out additional authentication (Strong Customer Authentication). At this point, we will collect basic information including your name, company name, business details, personal identity code, date of birth, company location, contact email address, tax identification number, phone number, and a current government-government- issued form of identification, as applicable in your region. If you have not already done so, you will also need to provide an email address and password for the creation of your 2000Charge Alternative Payments Account. It is solely your responsibility to keep all information in your Merchant Portal Profile current and valid. Depending on your geographical location, additional verifications may be requested, such as passport copy, business registration documents, shareholder listing, proof of address, etc. The list of documents is not exhaustive and only includes some of the most commonly required documents in the additional verification process. 2000Charge Alternative Payments has also the right to demand from you to provide originals of the documents required by 2000Charge Alternative Payments and/or their copies and/or copies of documents approved by a notary or another person authorized by the state. The 2000Charge Alternative Payments Service is not available for money transfers or any other type of payments for personal, family, or household purposes. We will ask you to provide information such as your business EIN or Tax ID, social security number, date of birth, and personal code, depending on your geographical location, we will verify and validate your identity to assess your business risk. We may also ask for a business license, other business documentation or or, financial statements, connections with politicians, or other government-issued identification or any other information needed by law. If you do not provide the requested information within fourteen (14) days, we may have to terminate your 2000Charge Alternative Payments Account. When you register for an 2000Charge Alternative Payments Account and from time to time thereafter, your 2000Charge Alternative Payments Account will be subject to verification, including, but not limited to, validation against third-party databases and the verification of one or more official government or legal documents that confirm the existence and the legitimacy of the business organization, identity of the persons representing the business organization and the identity of beneficial owner(s). You authorize 2000Charge Alternative Payments to make any inquiries necessary to validate the existence and legitimacy of the business organization, persons representing it and its beneficial owner(s). 2000Charge Alternative Payments has the right to refuse you to register without indicating the reasons, however, 2000Charge Alternative Payments assures that the refusal to register will always be based on significant reasons which 2000Charge Alternative Payments does not have to or does not have the right to reveal. When registering in the Merchant Portal, first of all, a Profile for you is created. The Profile is personal, thus each representative who has the rights to manage the Profile shall register in the Merchant Portal, create their personal Profile, and perform the identification procedure required by the Merchant Portal. The Account can be opened by you as a representative of your entity. By registering in the Merchant Portal, you confirm that you are duly elected or appointed to represent your entity, also that the entity is properly established and operates lawfully. You must provide the documents specified in the Merchant Portal in order to be duly verified under the procedures laid down in the Merchant Portal. When you are opening the Account, you have the right to grant the rights to manage the Account to other authorized persons after they register in the Merchant Portal and create their own personal Profiles. The Agreement comes into force after you have registered on the Merchant Portal, learned the terms and conditions of the present Agreement, and electronically expressed their consent to comply with them (by ticking the check-box). You confirm that you have provided the correct data when registering in the Merchant Portal and, if there is a need to change or add data, you will submit correct data only. You shall bear any losses that may occur due to the submission of invalid data. In order for 2000Charge Alternative Payments to start or continue the provision of Services, you shall confirm the Profile, the provision of a new Service or a part of a Service Service, and perform the client identification procedure under the circumstances and procedures set out in the Agreement or in the Merchant Portal. 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 2000Charge Alternative Payments and you. 2000Charge Alternative Payments has the right to demand data and/or documents that would help 2000Charge Alternative Payments identify you and/or receive significant information necessary for the proper provision of 2000Charge Alternative Payments Services to you. Specific data and/or documents to be submitted shall be indicated in the message about the necessity to perform client identification or other verification procedures. 2000Charge Alternative Payments has the right to demand additional information and/or documents related to you or your transactions yours transactions, and has the right to suspend a transaction until you provide additional information and/or documents related to the suspended transaction. 2000Charge Alternative Payments also has the right to request from you to fill in and periodically update some data. If you do not provide additional information and/or documents within a reasonable time period set by 2000ChargeAlternative Payments, we have the right to suspend the provision of all or a part of the Services. 2000Charge Alternative Payments has the right to demand that all documents and information be are submitted in English. You shall receive a notification about the confirmation of the Merchant Portal Profile, provision of a new Service, or renewed provision of a suspended Service via the email address that was specified by you during registration in the System. If you did not log in to the Merchant Profile and perform transactions in the Account for more than 12 (twelve) months, 2000Charge Alternative Payments shall deem the Profile and the Account(s) are not in use (inactive). 2000Charge Alternative Payments has the right to terminate the Agreement and close the Profile and the Account(s), informing you about the inactive Profiles and Accounts 60 (sixty) days prior to termination, provided the Profiles and Accounts are not in use (you have not made any Payment transactions) and there are no funds in the Accounts. If at least one inactive Account has funds in it, the balance on such Account (which is inactive) shall be issued to you or, at your instruction, transferred to another account no later than five working days after receipt of the relevant written statement from you. 2000Charge Alternative Payments shall keep that account open for a period of 12 months, and if you fail to appear and if it is not possible to contact you after that time, 2000Charge Alternative Payments shall close such account. If any funds remain in the account, 2000Charge Alternative Payments will transfer such funds to its internal accounts. When you accept this Agreement, you give us permission to receive, hold and disburse funds on your behalf. Settlement funds will be held in a deposit account at our bank before the funds are disbursed to you according to the terms of this Agreement. You agree that you are not entitled to any interest or other compensation including currency exchange rate fluctuations associated with the Settlement funds held by us pending Settlement to your Settlement Account, that you have no right to direct these funds, and that you may not assign any interest in these funds. The settlement information is not meant in any way to be considered a deposit or other obligation of ours. It is for reporting and informational purposes only, and you are not entitled to and have no ownership or other rights in the Settlement funds until such funds are credited to your Settlement Account. Your permissions will remain in full force and effect until your Alternative Payments Account is closed or terminated.
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