PAYAPP. PAYAPP DIGITAL, UAB (legal entity code 305397637, registered legal entity address at Xxxx xx. 00 Xxxxxxx, Xxx Xxxxxxxx of Lithuania, email address: xxxxxxx@xxxxxx.xxx, data about the company is collected and stored at the Register of Legal Entities of the Republic of Lithuania) is an Electronic money institution’s agent, who provides all payment services on behalf of GlobalNetint, UAB (legal entity code 304604766, registered legal entity address at Xxxxx xxx. 00-000, Xxxxxxx, xxx Xxxxxxxx of Lithuania, email address: xxxx@xxxxxxxxxxxx.xxx) Electronic Money Institution licence No. 21, issued on 8 December 2017; issuing and supervisory body is the Bank of Lithuania (xxx.xx.xx)). Password (passwords) – any code of the Client created in the system or provided to the Client by PAYAPP for the access to the PAYAPP account or initiation and management of separate services provided by PAYAPP and/or initiation, authorisation, implementation, confirmation and reception of payment operations. Party – PAYAPP or the Client. Payer – a natural (private) or legal person who submits a payment order. Payment instrument – any payment instrument which the system allows to link to the PAYAPP’s account and perform payment transfers using this payment instrument. Payment order – an order (payment transfer) from the payer or the recipient to the provider of payment services to execute a payment operation. Payment operation – a money transfer, payment or withdrawal initiated by a payer or a recipient, regardless of the position of the payer and the payee on which the operation is based. Payment services – (i) payment operations, including transfer of money held on the payment account opened in the institution of the provider of payment services of the user of payment services or in another payment institution; (ii) payment operations when money is given to the user of payment services under a credit line: payment operations using a payment card or a similar instrument and/or credit transfers, including periodic transfers; (iii) issuance and/or acceptance of payment instruments;
PAYAPP has the right to involve third parties to partially or fully execute the payment order of the Client if the Client's interests and/or the essence of the payment order require so. In the event that the essence of the payment order of the Client requires sending and executing the payment further by another financial institution, but this institution suspends the payment order, PAYAPP is not responsible for such actions of the financial institution but makes attempts to find out the reasons for the suspension of the payment order. PAYAPP has the right to suspend and/or terminate the execution of the payment order of the Client, if required by law or in case it is necessary for other reasons beyond control of PAYAPP.
PAYAPP has the right to demand the documents concluded abroad to be translated, legalised or confirmed with an apostille, except when legal acts state otherwise.
PAYAPP has the right to terminate the agreement and its supplements unilaterally and refuse to provide services without indicating the reason, notifying thereof the client 60 (sixty) days in advance by means provided in section 10 of the present agreement. PAYAPP also has the right to terminate the agreement and its supplements unilaterally and refuse to provide services for the reasons stated in clause 11.2 of the present agreement, notifying thereof the Client 30 (thirty) days in advance by means provided in the present agreement.
PAYAPP draws the attention of the Client to the fact that the email linked to the PAYAPP account and also other instruments (e.g. mobile telephone number), which under Client's choice are linked to its PAYAPP account, are used as instruments for communication or identification of the Client, therefore, these instruments and logins to them shall be protected by the Client and any changes of the email and instruments must be reported to the PAYAPP within 3 calendar days. The Client is completely responsible for safety of its email passwords and all the other instruments used by it and their login passwords. Passwords are secret information, and the Client is responsible for its disclosure and for all operations performed after the password used by the Client for a relevant account or another payment instrument is entered. PAYAPP recommends to memorise passwords and not to write them down or enter in any instruments where they may be seen by other persons and to change passwords frequently (e.g. once in a few months).
