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. 2.4.1 Client agrees that Client can use the e-money and payment services, provided to Client by the Financial Institution via our platform. For that purpose our platform will display to Client the account information, such as balance, account numbers, transactions, cards, status of cards, tariff or fees, notifications, or other, but we are not liable for the provision of the e-money or payment services. The liability towards the Client with regards to the regulatory obligations in relation to the e-money or payment services is with the Financial Institution, providing these services to Client. 2.4.2 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.

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 different from the consumer purposes. Client may have sub-accounts in the same currency or different 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. 2.4.1 Client agrees that Client can use the e-money and payment services, provided to Client by the Financial Institution via our platform. For that purpose our platform will display to Client the account information, such as balance, account numbers, transactions, cards, status of cards, tariff tariff or fees, notificationsnotifications, or other, but we are not liable for the provision of the e-money or payment services. The liability towards the Client with regards to the regulatory obligations in relation to the e-money or payment services is with the Financial Institution, providing these services to Client. 2.4.2 In case Client is eligible and have more than one E-money account, provided by a different 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 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.