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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 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 Client’s available balances hold with 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 does not represent E-money issued by us or Client’s claim against us. Client’s claim for 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.

Appears in 3 contracts

Samples: Mypos Account Agreement, Mypos Account Agreement, Mypos Account Agreement

myPOS Account. Client cannot use myPOS Service for personal use and Client cannot be a consumer under this Agreement. myPOS account Account (including account for e-money and the Reserve account) is not a consumer account. myPOS account 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 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 In case Client is eligible and have more than one E-money account, provided by a different Financial Institution, licensed for use of myPOS platformPlatform, the platform will visualize for Client’s convenience the total amount of all Client’s available balances hold 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 or and does not represent Client’s claim against us. Client’s The claim of the Client for balance 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.

Appears in 1 contract

Samples: Mypos Account Agreement

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 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 Client’s available balances hold with 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 does not represent E-money issued by us or Client’s claim against us. Client’s claim for 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.

Appears in 1 contract

Samples: Mypos Account Agreement