USE OF YOUR CARDS. 6.1 When transferring funds to other App users, You are solely responsible for ensuring the correct mobile number is used. If You make a mistake, We may not be able to assist with stopping or reversing the payment transfer. 6.2 When paying for goods at a merchant outside of the App (for example, online or in-store), You may be requested to present Your physical Card or mobile Android phone, scan a QR code to pay, or provide your Card details in order to complete the payment. Depending on the value of the transaction, You will be required to enter Your PIN to authorise the transaction. 6.3 If You pay a Selected Merchant within the App, We will require You to enter Your PIN number in order to complete the transaction. 6.4 You may not use a Card for transactions that will exceed the total value of the funds held in Your Wallet. 6.5 You use the Card/s, Account, Wallet and the App at Your own risk, and neither Us nor the Bank will be responsible for any loss, theft or fraud resulting from the use of the Card, Account, Wallet, or the App, for whatsoever reason. 6.6 The Card may not be used for any unlawful purpose and may not be used for any online gambling transactions in any country. You must comply with all relevant legislation at all times, including laws relating to anti-money laundering and CFT (counter financing of terrorism). It is Your responsibility to determine whether a transaction is lawful before You use the Card. 6.7 Neither Us nor the Bank will be liable if any Selected Merchant or retailer refuses to accept Your Card or honour Your transaction, including an internet-based merchant. Neither Us nor the Bank will be liable for the quality of Products, goods or services purchased, including from Selected Merchants. 6.8 If You transfer money into Your Card, You can only access the money that You transferred when the funds have been actually received by the Bank. Standard banking practices and time periods for transfers will apply. Please note that it can take up to 3 (three) days for money to be received by EFT. 6.9 If you use the “Instant EFT” service to top up your Wallet, you are aware that it is a payment service offered a third party and not Spot or the Bank. Note that by using this service, your bank account credentials may be exposed to such third parties, which could lead to data privacy and/or fraud risks. Should you continue to use this service you do so at your own risk and neither Spot nor the Bank shall be liable for any losses that occur or that you may suffer as a result of fraud, errors or any other circumstances relating to payment or transacting via instant EFT. 6.10 You must comply with Exchange Control requirements when using Your Card outside of South Africa. Where applicable, international purchases and cash withdrawals made with Your Card will be converted to ZAR at the prevailing retail exchange rate. The Bank may charge a currency conversion fee for these Transactions. 6.11 You may close your Account at any time by contacting Us. You will be unable to close Your Account and withdraw Your funds until such time as any outstanding documentation required in accordance with the Financial Intelligence Centre Act, 2001 is provided, which you will be made aware of when you contact Us.
Appears in 1 contract
Samples: Terms and Conditions
USE OF YOUR CARDS. 6.1 When transferring funds to other App users, You are solely responsible for ensuring the correct mobile number is used. If You make a mistake, We may not be able to assist with stopping or reversing the payment transfer.
6.2 When paying for goods at a merchant outside of the App (for example, online or in-store), You may be requested to present Your physical Card or mobile Android phone, scan a QR code to pay, or provide your Card details in order to complete the payment. Depending on the value of the transaction, You will be required to enter Your PIN to authorise the transaction.
6.3 If You pay a Selected Merchant within the App, We will require You to enter Your PIN number in order to complete the transaction.
6.4 You may not use a Card for transactions that will exceed the total value of the funds held in Your Wallet.
6.5 You use the Card/s, Account, Wallet and the App at Your own risk, and neither Us nor the Bank will be responsible for any loss, theft or fraud resulting from the use of the Card, Account, Wallet, or the App, for whatsoever reason.
6.6 The Card may not be used for any unlawful purpose and may not be used for any online gambling transactions in any countrypurpose. You must comply with all relevant legislation at legislationat all times, including laws relating to anti-money laundering and CFT (counter financing of terrorism). It is Your responsibility to determine whether a transaction is lawful before You use the Card. You may not use Your Card for any transactions (including any online gambling transactions) outside of South Africa.
6.7 Neither Us nor the Bank will be liable if any Selected Merchant or retailer refuses to accept Your Card or honour Your transaction, including an internet-based merchant. Neither Us nor the Bank will be liable for the quality of Products, goods or services purchased, including from Selected Merchants.
6.8 If You transfer money into Your Card, You can only access the money that You transferred when the funds have been actually received by the Bank. Standard banking practices and time periods for transfers will apply. Please note that it can take up to 3 (three) days for money to be received by EFT.
6.9 If you use the “Instant EFT” service to top up your Wallet, you are aware that it is a payment service offered a third party and not Spot or the Bank. Note that by using this service, your bank account credentials may be exposed to such third parties, which could lead to data privacy and/or fraud risks. Should you continue to use this service you do so at your own risk and neither Spot nor the Bank shall be liable for any losses that occur or that you may suffer as a result of fraud, errors or any other circumstances relating to payment or transacting via instant EFT.
6.10 You must comply with Exchange Control requirements when using Your Card outside of South Africa. Where applicable, international purchases and cash withdrawals made with Your Card will be converted to ZAR at the prevailing retail exchange rate. The Bank may charge a currency conversion fee for these Transactions.
6.11 You may close your Account at any time by contacting Us. You will be unable to close Your Account and withdraw Your funds until such time as any outstanding documentation required in accordance with the Financial Intelligence Centre ActXxxxxxxxxxxx Xxxxxx Xxx, 2001 0000 is provided, which you will be made aware of when you contact Us.
Appears in 1 contract
Samples: Terms and Conditions
USE OF YOUR CARDS. 6.1 1. When transferring funds to other App users, You are solely responsible for ensuring the correct mobile number is used. If You make a mistake, We may not be able to assist with stopping or reversing the payment transfer.
6.2 2. When paying for goods at a merchant outside of the App (for example, online or in-store), You may be requested to present Your physical Card or mobile Android phone, scan a QR code to pay, or provide your Card details in order to complete the payment. Depending on the value of the transaction, You will be required to enter Your PIN to authorise the transaction.
6.3 3. If You pay a Selected Merchant within the App, We will require You to enter Your PIN number in order to complete the transaction.
6.4 4. You may not use a Card for transactions that will exceed the total value of the funds held in Your Wallet.
6.5 5. You use the Card/s, Account, Wallet and the App at Your own risk, and neither Us nor the Bank will be responsible for any loss, theft or fraud resulting from the use of the Card, Account, Wallet, Wallet or the App, for whatsoever reason.
6.6 6. The Card may not be used for any unlawful purpose and may not be used for any online gambling transactions in any country. You must comply with all relevant legislation at all times, including laws relating to anti-money laundering and CFT (counter financing of terrorism)purpose. It is Your responsibility to determine whether a transaction is lawful before You use the Card. You may not use Your Card for any transactions (including any online gambling transactions) outside of South Africa.
6.7 7. Neither Us nor the Bank will be liable if any Selected Merchant or retailer refuses to accept Your Card or honour Your transaction, including an internet-based merchant. Neither Us nor the Bank will be liable for the quality of Products, goods or services purchased, including from Selected Merchants.
6.8 8. If You transfer money into Your Card, You can only access the money that You transferred when the funds have been actually received by the Bank. Standard banking practices and time periods for transfers will apply. Please note that it can take up to 3 (three) days for money to be received by EFT.
6.9 If you use the “Instant EFT” service to top up your Wallet, you are aware that it is a payment service offered a third party and not Spot or the Bank. Note that by using this service, your bank account credentials may be exposed to such third parties, which could lead to data privacy and/or fraud risks. Should you continue to use this service you do so at your own risk and neither Spot nor the Bank shall be liable for any losses that occur or that you may suffer as a result of fraud, errors or any other circumstances relating to payment or transacting via instant EFT.
6.10 You must comply with Exchange Control requirements when using Your Card outside of South Africa. Where applicable, international purchases and cash withdrawals made with Your Card will be converted to ZAR at the prevailing retail exchange rate. The Bank may charge a currency conversion fee for these Transactions.
6.11 You may close your Account at any time by contacting Us. You will be unable to close Your Account and withdraw Your funds until such time as any outstanding documentation required in accordance with the Financial Intelligence Centre Act, 2001 is provided, which you will be made aware of when you contact Us.
Appears in 1 contract
Samples: Terms and Conditions
USE OF YOUR CARDS. 6.1 When transferring funds to other App users, You are solely responsible for ensuring the correct mobile number is used. If You make a mistake, We may not be able to assist with stopping or reversing the payment transfer.
6.2 When paying for goods at a merchant outside of the App (for example, online or in-store), You may be requested to present Your physical Card or mobile Android phone, scan a QR code to pay, or provide your Card details in order to complete the payment. Depending on the value of the transaction, You will be required to enter Your PIN to authorise the transaction.
6.3 If You pay a Selected Merchant within the App, We will require You to enter Your PIN number in order to complete the transaction.
6.4 You may not use a Card for transactions that will exceed the total value of the funds held in Your Wallet.
6.5 You use the Card/s, Account, Wallet and the App at Your own risk, and neither Us nor the Bank will be responsible for any loss, theft or fraud resulting from the use of the Card, Account, Wallet, or the App, for whatsoever reason.
6.6 The Card may not be used for any unlawful purpose and may not be used for any online gambling transactions in any countrypurpose. You must comply with all relevant legislation at all times, including laws relating to anti-money laundering and CFT (counter financing of terrorism). It is Your responsibility to determine whether a transaction is lawful before You use the Card. You may not use Your Card for any transactions (including any online gambling transactions) outside of South Africa.
6.7 Neither Us nor the Bank will be liable if any Selected Merchant or retailer refuses to accept Your Card or honour Your transaction, including an internet-based merchant. Neither Us nor the Bank will be liable for the quality of Products, goods or services purchased, including from Selected Merchants.
6.8 If You transfer money into Your Card, You can only access the money that You transferred when the funds have been actually received by the Bank. Standard banking practices and time periods for transfers will apply. Please note that it can take up to 3 (three) days for money to be received by EFT.
6.9 If you use the “Instant EFT” service to top up your Wallet, you are aware that it is a payment service offered a third party and not Spot or the Bank. Note that by using this service, your bank account credentials may be exposed to such third parties, which could lead to data privacy and/or fraud risks. Should you continue to use this service you do so at your own risk and neither Spot nor the Bank shall be liable for any losses that occur or that you may suffer as a result of fraud, errors or any other circumstances relating to payment or transacting via instant EFT.
6.10 You must comply with Exchange Control requirements when using Your Card outside of South Africa. Where applicable, international purchases and cash withdrawals made with Your Card will be converted to ZAR at the prevailing retail exchange rate. The Bank may charge a currency conversion fee for these Transactions.
6.11 You may close your Account at any time by contacting Us. You will be unable to close Your Account and withdraw Your funds until such time as any outstanding documentation required in accordance with the Financial Intelligence Centre Act, 2001 is provided, which you will be made aware of when you contact Us.
Appears in 1 contract
Samples: Terms and Conditions
USE OF YOUR CARDS. 6.1 When transferring funds to other App users, You are solely responsible for ensuring the correct mobile number is used. If You make a mistake, We may not be able to assist with stopping or reversing the payment transfer.
6.2 When paying for goods at a merchant outside of the App (for example, online or in-store), You may be requested to present Your physical Card or mobile Android phone, scan a QR code to pay, or provide your Card details in order to complete the payment. Depending on the value of the transaction, You will be required to enter Your PIN to authorise the transaction.
6.3 If You pay a Selected Merchant within the App, We will require You to enter Your PIN number in order to complete the transaction.
6.4 You may not use a Card for transactions that will exceed the total value of the funds held in Your Wallet.
6.5 You use the Card/s, Account, Wallet and the App at Your own risk, and neither Us nor the Bank will be responsible for any loss, theft or fraud resulting from the use of the Card, Account, Wallet, or the App, for whatsoever reason.
6.6 The Card may not be used for any unlawful purpose and may not be used for any online gambling transactions in any country. You must comply with all relevant legislation at all times, including laws relating to anti-money laundering and CFT (counter financing of terrorism). It is Your responsibility to determine whether a transaction is lawful before You use the Card.
6.7 Neither Us nor the Bank will be liable if any Selected Merchant or retailer refuses to accept Your Card or honour Your transaction, including an internet-based merchant. Neither Us nor the Bank will be liable for the quality of Products, goods or services purchased, including from Selected Merchants.
6.8 If You transfer money into Your Card, You can only access the money that You transferred when the funds have been actually received by the Bank. Standard banking practices and time periods for transfers will apply. Please note that it can take up to 3 (three) days for money to be received by EFT.
6.9 If you use the “Instant EFT” service to top up your Wallet, you are aware that it is a payment service offered by a third party and not Spot or the Bank. Note that by using this service, your bank account credentials may be exposed to such third parties, which could lead to data privacy and/or fraud risks. Should you continue to use this service you do so at your own risk and neither Spot nor the Bank shall be liable for any losses that occur or that you may suffer as a result of data loss, fraud, errors or any other circumstances relating to payment or transacting via instant EFT.
6.10 You must comply with Exchange Control requirements when using Your Card outside of South Africa. Where applicable, international purchases and cash withdrawals made with Your Card will be converted to ZAR at the prevailing retail exchange rate. The Bank may charge a currency conversion fee for these Transactions.
6.11 You may close your Account at any time by contacting Us. You will be unable to close Your Account and withdraw Your funds until such time as any outstanding documentation required in accordance with the Financial Intelligence Centre Act, 2001 is provided, which you will be made aware of when you contact Us.
Appears in 1 contract
Samples: Terms and Conditions
USE OF YOUR CARDS. 6.1 When transferring funds to other App users, You are solely responsible for ensuring the correct mobile number is used. If You make a mistake, We may not be able to assist with stopping or reversing the payment transfer.
6.2 When paying for goods at a merchant outside of the App (for example, online or in-store), You may be requested to present Your physical Card or mobile Android phone, scan a QR code to pay, or provide your Card details in order to complete the payment. Depending on the value of the transaction, You will be required to enter Your PIN to authorise the transaction.
6.3 If You pay a Selected Merchant within the App, We will require You to enter Your PIN number in order to complete the transaction.
6.4 You may not use a Card for transactions that will exceed the total value of the funds held in Your Wallet.
6.5 You use the Card/s, Account, Wallet and the App at Your own risk, and neither Us nor the Bank will be responsible for any loss, theft or fraud resulting from the use of the Card, Account, Wallet, or the App, for whatsoever reason.
6.6 The Card may not be used for any unlawful purpose and may not be used for any online gambling transactions in any country. You must comply with all relevant legislation at all times, including laws relating to anti-money laundering and CFT (counter financing of terrorism). It is Your responsibility to determine whether a transaction is lawful before You use the Card.
6.7 Neither Us nor the Bank will be liable if any Selected Merchant or retailer refuses to accept Your Card or honour Your transaction, including an internet-based merchant. Neither Us nor the Bank will be liable for the quality of Products, goods or services purchased, including from Selected Merchants.
6.8 If You transfer money into Your Card, You can only access the money that You transferred when the funds have been actually received by the Bank. Standard banking practices and time periods for transfers will apply. Please note that it can take up to 3 (three) days for money to be received by EFT.
6.9 If you use the “Instant EFT” service to top up your Wallet, you are aware that it is a payment service offered a third party and not Spot or the Bank. Note that by using this service, your bank account credentials may be exposed to such third parties, which could lead to data privacy and/or fraud risks. Should you continue to use this service you do so at your own risk and neither Spot nor the Bank shall be liable for any losses that occur or that you may suffer as a result of fraud, errors or any other circumstances relating to payment or transacting via instant EFT.
6.10 You must comply with Exchange Control requirements when using Your Card outside of South Africa. Where applicable, international purchases and cash withdrawals made with Your Card will be converted to ZAR at the prevailing retail exchange rate. The Bank may charge a currency conversion fee for these Transactions.
6.11 You may close your Account at any time by contacting Us. You will be unable to close Your Account and withdraw Your funds until such time as any outstanding documentation required in accordance with the Financial Intelligence Centre Act, 2001 is provided, which you will be made aware of when you contact Us.
Appears in 1 contract
Samples: Terms and Conditions
