Opening the E-wallet Sample Clauses

Opening the E-wallet. 1.1. The Client, who has been identified and verified by Pay Unicard according to the procedure established by the Legislation, shall have the right to use the W-wallet of Pay Unicard. 1.2. E-wallet can be opened in the Pay Unicard system through various channels offered by Pay Unicard to the Client, including the Website, the Pay Unicard mobile application, the service points of Pay Unicard, Pay Unicard and/or the partner organisations of Pay Unicard. 1.3. The Client shall have the right to use one E-wallets, to determine their classification and the priority of using E-wallet in accordance with the Agreement. 1.4. The funds in GEL, USD and EUR shall be deposited on the E-wallet in the corresponding equivalent in Electronic Money. The funds deposited on the E-wallet shall be converted into Electronic Money issued by Pay Unicard in the following proportions: GEL 1 (one) – 1 (one) electronic money unit in GEL, USD 1 (one) – 1 (one) electronic money unit in USD, EUR 1 (one) – 1 (one) electronic money unit in EUR. If Pay Unicard allows the Client to deposit funds in another currency on the E-wallet, 1 (one) unit of currency shall be 1 (one) unit of e-money in the corresponding currency; 1.5. Electronic Money is issued on the basis of and in accordance with the Legislation. 1.6. The E-wallet and the Electronic Money deposited on it belongs only to the Client, who is registered and accounted by Pay Unicard as the holder of the E-wallet. The Client shall not be authorised to transfer the E-wallet to a Third Person.
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