Common use of myPOS Account Clause in Contracts

myPOS Account. Client cannot use myPOS Service for personal use and Client cannot be a consumer under this Agreement. myPOS Account (including account for e-money and the Reserve account) is not a consumer account. myPOS Account is always a business account, used for business or professional purposes, which are different from the consumer purposes. Client may have sub-accounts in the same currency or different currencies, supported by us. By opening a myPOS Account and accepting the terms as outlined in this Agreement, the Client attests that Client is not opening and/or using the account primarily for personal, family, or household purposes. However myPOS Account may be used by a Client which is a Micro-enterprise as defined in the present Agreement and in the law, in which case the Statutory Consumer Protection rules provided in the applicable law shall apply to such myPOS Account. 2.4.1 In case Client is eligible and have more than one E-money account, provided by a different Financial Institution, licensed for use of myPOS Platform, the platform will visualize for Client’s convenience the total amount of all available balances held with by Client the different Financial Institutions in the primary currency selected by the Client. This total amount is visualized only for Client’s ease and its total amount does not represent E-money issued by us and does not represent Client’s claim against us. The claim of the Client for its Balance of e-money against us is only equal to the amount of electronic money, which we have issued and is subject to this Agreement.