Common use of Electronic money Clause in Contracts

Electronic money. the nominal value of money received by Pay Unicard from the Client for the purpose of carrying out payment Transactions, which is stored and accounted for electronically (including, on the magnetic carrier) and is the means of payment recognised by Third Persons.

Appears in 5 contracts

Sources: Service Agreement, Service Agreement, Service Agreement

Electronic money. the nominal value of money received by Pay Unicard from the Client for the purpose of carrying out payment Transactionstransactions, which is stored and accounted for electronically (including, on the magnetic carrier) and is the means of payment recognised by Third Personsthird persons.

Appears in 1 contract

Sources: Service Agreement