CELBUX WALLET DISBURSEMENT AGREEMENTCelbux Wallet Disbursement Agreement • September 13th, 2021
WHEREAS Celbux SA Proprietary Limited (herein referred to as “Celbux”, “we” or “our”) is the licensed holder of the exclusive rights to the Celbux software for South Africa, including the Celbux Wallet, which is a cashless value disbursement and payment solution (the “Celbux Wallet”). The Celbux Wallet enables funders to load funds and disburse funds or vouchers to recipients, which recipients may be individuals or other organisations. The Celbux Wallet enables the recipients of funds or vouchers (herein referred to as “Users” of the Service) to transfer received funds or vouchers and spend or withdraw at registered merchants (the “Service”).
