Blocking of Token Sample Clauses

Blocking of Token. 3.1 Blocking of Token or removing it from the memory of the Mobile Device does not terminate the validity of Payment Card to which the relevant Token has been generated and does not technically restrict its use (does not block the Payment Card). 3.2 From the moment the Payment Card is blocked, the Token for that Payment Card is blocked on the Mobile Device in order to prevent unauthorised transactions. 3.3 If the Mobile Device is lost, the Client shall contact the Bank or a Bank’s branch via the Communication Channels in order to block the Token contained in the lost Mobile Device. In this case, the Bank shall only block the Token, the Payment Card shall not be blocked. 3.4 The Token shall be recognised as being in the possession and use of the Client in the absence of a duly registered request by the Client to block the Token and transactions performed with the use of Token before the Client's notice of blocking the Token comes into force shall be recognised as duly authorised by the Client. 3.5 The Parties agree that the Client's instructions received via the Communication Channels to block the Token, provided that the Client's identity is established, shall be deemed equivalent to the Client's written instructions received by the Bank on paper, authenticated by the Client's signature. The Token shall be blocked upon receipt by the Bank of the Client’s notification regarding the Token Blocking:
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Blocking of Token 
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Related to Blocking of Token

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