WALLETTO Prepaid Card Terms and Conditions

dated 3 August 2020

These Terms and Conditions apply to your use of the WALLETTO IBAN account and WALLETTO Prepaid Card. Please read them carefully and keep a copy for your records. You can ask us at any time for a copy of these Terms and Conditions, our current rates of Fees and the current Usage Restrictions by contacting us using one of the Contact Methods. You can also obtain a statement of recent Transactions made by you using your WALLETTO Prepaid Card via Co-Brand.

The WALLETTO Prepaid Card is issued by UAB Walletto, electronic money institution authorised and regulated by the Bank of Lithuania as an Electronic Money Institution in Lithuania and a member of Visa Europe Limited. WALLETTO issues the e-money on your WALLETTO Prepaid Card.

In these Terms and Conditions:

“ATM” means an automated teller machine or cash dispenser bearing the VISA acceptance mark;
“ATM Transaction” means a transaction carried out at an ATM to withdraw cash;
“Balance” means the electronic money loaded in your WALLETTO IBAN account using the topping up method set out in clause 2 of these Terms and Conditions;
“Beneficiary” – a recipient of payment indicated in the Payment Order;
“Business Day” means any day (other than a Saturday or Sunday) on which banks in Lithuania are open for normal banking business;
“Co-Brand” means JOOMPAY EUROPE S.A., a company incorporated under the laws of Luxembourg with its registered office address at: L-8399, Windhof, 11, rue de l’Industrie, Grand Duchy of Luxembourg;
“Co-Brand Mobile Application” means the mobile application owned and operated by Co-Brand where you can access your WALLETTO Card information.
“Contact Methods” means the methods by which you may contact Co-Brand:
– Service Hotline: +352 278 63 019
– Service Email: support@joompay.com
“WALLETTO”, “we”, “us” or “our” means UAB Walletto (Company number 304686884) a company registered in Lithuania with its registered office at A. Goštauto str. 8-107, Vilnius, Lithuania and which is licensed and regulated by the Bank of Lithuania as an Electronic Money Institution in Lithuania;
“WALLETTO Card” means either of the WALLETTO Prepaid Card or the WALLETTO Virtual Card and “WALLETTO Cards” shall be construed accordingly;
“WALLETTO Prepaid Card” means the VISA card issued by WALLETTO Limited in your name and which is linked to your WALLETTO IBAN account. The WALLETTO Prepaid Card is an electronic money product regulated by the Bank of Lithuania – it is a prepaid card and not a credit or debit card and it can be used byyou to carry out Transactions. For more details about your WALLETTO Prepaid Card including how you can use it, please refer to clause 4 below;
“WALLETTO Virtual Card” means the VISA virtual card generated by you via the Co- Brand Mobile Application and linked to your Co-Brand Mobile Application to enable you to carry out E-Commerce Transactions;
“WALLETTO IBAN account” means the prepaid account operated by WALLETTO and which is linked to your WALLETTO Prepaid Card in order to fund Transactions;
“E-Commerce Transaction” means a transaction initiated by you to purchase goods or services over the internet and which, for the avoidance of doubt, includes any such transactions initiated through a mobile device.
“Fees” means the fees which we may charge you from time to time for us operating and you using your WALLETTO IBAN account and WALLETTO Cards which form partof these Terms and Conditions as set out in clause 23 to these Terms and Conditions.
These may include:
– ongoing monthly fees;
– in certain circumstances, fees for redeeming your Balance (“Redemption Fee”);
– fees for using your WALLETTO Card to execute Transactions; and/or
– fees for replacing a lost or stolen WALLETTO Card.
We may also charge you reasonable fees for undertaking investigations where you request that a Transaction is refunded and where the circumstances outlined in clause 9.3 apply.
The amount of Fees can change over time and the applicable Fees at any time can be found via Co-Brand Mobile Application.
“JoomPay Finance Spain” means JoomPay Finance Spain S.L.U., a company registered in Spain with its registered office in Barcelona at Calle Rosselló 186, floor 3, door 5 and holder of Tax ID card number B67473082, incorporated by means of a notarial document dated 11 July 2019, executed before the Notary Public of Barcelona Mr. Ignacio Javier Boisán Cañamero, duly entered on the Barcelona Companies’ Registry in Volume 47002 , Sheet B-537830, Section, Page 76.
“VISA” means Visa Europe Ltd.;
“PayLater Card Loans” mean instalment loans extended by JoomPay Finance Spain S.L.U. to selective users pursuant to Terms and Conditions for PayLater Card Loans made available in the Co-Brand Mobile Application;
“Payment Order” – Your instruction to WALLETTO to effect payment;
“PIN” means the unique personal 4-digit identification number which is associated with your WALLETTO Prepaid Card and which can be used to authorise POS Transactions;
“POS Transaction” means a transaction initiated by you to purchase goods or services at a point of sale;
“Privacy Policy” means WALLETTO’s privacy policy which, together with these Terms and Conditions, describes the basis upon which any personal data we collect from you, or that you provide to us, will be processed, handled and shared by us, as may be amended from time to time in accordance with its terms and as further explained and defined in clause 17 of these Terms and Conditions. A copy of our Privacy Policy can be found at www.walletto.eu;
“Redemption Request” means a request from you to redeem your Balance in accordance with clause 10 of these Terms and Conditions;
“Standing Order” – a transfer of Your funds from WALLETTO IBAN Account to Beneficiary under instructions given by You that are expressed in Payment Order and in conformity with provisions set herein;
“Terms and Conditions” means these terms and conditions and includes the current Fees and Usage Restrictions set out in clause 23 below. The Privacy Policy also applies to the relationship between us but does not form part of the Terms and Conditions;
“Transaction” means any transaction which can be executed using your WALLETTO IBAN account and WALLETTO Cards including a POS Transaction, an E-Commerce Transaction and/or an ATM Transaction;
“Usage Restrictions” means the usage restrictions applicable to your WALLETTO IBAN account and WALLETTO Cards from time to time which form part of these Terms and Conditions, as set out in the clause 23. The Usage Restrictions applying at any time can be found via Co-Brand Mobile Application, and
“User”, “you” or “your” means the person who is identified as having applied for the WALLETTO IBAN account and WALLETTO Cards through the registration with us of your full name, date of birth, residential address, email address and mobile phone number.

1. Applying for the WALLETTO Cards

1.1 To apply for a WALLETTO IBAN account and WALLETTO Cards, you must be of full legal age in your country of permanent residence and hold a valid national photo ID issued in that country.

1.2 As part of this process, you have to:

(a) provide personal details (including your full name, date of birth, residential address, email address and mobile phone number) so that we may verify your identity; and

(b) read and accept these Terms and Conditions and our Privacy Policy.

(c) To carry a valid identity document (passport or ID card)

1.3 Where we are not able to verify your identity in accordance with clause 1.2(a) above, we may ask that you provide further supporting documentation including but not limited to scanned copies or photos of identification documentation (either your passport or ID card) and proof of your residential address until we are able to verify your identity successfully. If we are unable to verify your identity based on the documentation you have provided, in certain circumstances we may ask you to provide certified copies of the supporting documentation to help us verify your identity.

1.4 If you have not completed any of the steps set out in clauses 1.2 and 1.3 above, you cannot complete the WALLETTO IBAN account and WALLETTO Prepaid Card application process.

2. Topping up your WALLETTO IBAN account

2.1 Subject to the satisfactory completion of any required identity and other checks, you can top up your WALLETTO IBAN account as described in this clause 2 of these Terms and Conditions with funds to be used for Transactions.

2.2 The Balance on your WALLETTO IBAN account must never exceed any limits specified in the Usage Restrictions.

2.3 You may top up your WALLETTO IBAN account by making SEPA transfer to your WALLETTO IBAN account.

2.4 You may top up your WALLETTO IBAN account by addressing such request to the Co-brand. Funds topped up in this way will be credited to your WALLETTO IBAN account without delay after the receipt of valid funding instructions by us.

2.5 We reserve the right to refuse to accept any particular top up transaction or to disable any particular topping up method without notice in the interests of preventing fraud, money laundering or any other criminal activity.

3. Your WALLETTO Cards

Your WALLETTO Prepaid Card

3.1 Your WALLETTO Prepaid Card will be sent to your address as provided to us by you in accordance with clause 1.2(a) above.

3.2 Delivery of your WALLETTO Prepaid Card should occur within 5-10 Business Days of your successful application for a WALLETTO Prepaid Card. If you do not receiveyour WALLETTO Prepaid Card within 10 Business Days, you must contact us immediately using one of the Contact Methods.

3.3 When you receive your WALLETTO Prepaid Card, you must sign the reverse immediately. To activate your WALLETTO Prepaid Card, you will be asked to provide certain details including your full name and date of birth. Once your WALLETTO Prepaid Card is activated, you can carry out Transactions using your WALLETTO Prepaid Card in accordance with clause 4.

Your WALLETTO Virtual Card

3.4 Your WALLETTO Virtual Card will be automatically generated in the Co-Brand Mobile Application. You will be able to open and request your WALLETTO Virtual Card by following the instructions in the relevant section of the Co-Brand Mobile Application.

3.5 Your WALLETTO Virtual Card will include all of the details you would expect to see on a plastic card, including the card number, expiry date and CVV number (i.e. the 3-digit code on the reverse of the card).

3.6 Your WALLETTO Virtual Card will be stored in the Co-Brand Mobile Application and you will need to enter your password each time you would like to view it.

4. Using your WALLETTO Prepaid Card

4.1 Once your WALLETTO Prepaid Card is activated and subject to these Terms and Conditions as well as Usage Restrictions in each case, you can use:

(a) your WALLETTO Prepaid Card to carry out POS Transactions and E-Commerce Transactions or to execute an ATM Transaction; and

(b) your WALLETTO Virtual Card to carry out E-Commerce Transactions, provided VISA payments are accepted in each case.

4.2 We cannot guarantee that a particular retailer, ATM or online merchant will accept your WALLETTO Card – you must check with the relevant retailer, online merchant or check the ATM signage before attempting to make a Transaction.

4.3 You should make sure there are sufficient funds available in your WALLETTO IBAN account to cover the amount of a Transaction and any applicable Fees – you will only be able to carry out Transactions using your WALLETTO Card to the extent of your Balance. Any Transaction you make using your WALLETTO Card will be deducted from the funds held in your WALLETTO IBAN account.

4.4 The Fees and Usage Restrictions applying to your WALLETTO IBAN account and your WALLETTO Cards are set out in the clause 23 of these Terms and Conditions.

5. Authorising Transactions

5.1 You will be asked to authorise each Transaction at the time it is initiated by you through the WALLETTO Prepaid Card or WALLETTO Virtual Card as applicable. A Transaction will be regarded as authorised by you where you:

(a) authorise a POS Transaction by following the instructions provided by the merchant or retailer to authorise the POS Transaction which might include: (i) entering your PIN; (ii) signing a sales voucher; (iii) inserting your WALLETTO PrepaidCard into a card reading device for the purpose of making a payment; (iv) swiping your WALLETTO Prepaid Card through a card reader;

(b) authorise an E-Commerce Transaction by following the instructions provided by the merchant or retailer to authorise the E-Commerce Transaction and by providing the WALLETTO Prepaid Card or WALLETTO Virtual Card details and/or any other details as requested; or

(c) authorise an ATM Transaction by inserting your WALLETTO Prepaid Card and entering your PIN to request a cash withdrawal.

5.2 Subject to clause 5.3 below, you can withdraw or revoke your authorization for a Transaction at any time until the authorization is received by us, using one of the Contact Methods. Authorisation for a Transaction may not be withdrawn or revoked by you once it is received by us although in the case of a POS Transaction, the merchant may give you a refund.

5.3 Your authorisation for a POS Transaction, an E-Commerce Transaction or for an ATM Transaction will be received by us at the time we receive the POS Transaction or E-Commerce Transaction instruction from the merchant acquirer or at the time we receive the ATM Transaction instruction from the ATM acquirer, respectively. All of these authorisations will be received by us almost instantaneously and it is unlikely that you will be able to withdraw your authorisation for a Transaction before this time.

5.4 If you accept in the Co-Brand Mobile Application the Terms and Conditions of JoomPay Finance Spain for PayLater Card Loans, you hereby authorize Walletto to perform periodic and recurring payments from your Walletto IBAN account in favour of JoomPay Finance Spain in the amounts, on the due dates and other terms and conditions stipulated in the Terms and Conditions of JoomPay Finance Spain for PayLater Card Loans. This authorization shall be irrevocable and may not be cancelled or otherwise withdrawn by You, unless such cancellation is consented to in writing by JoomPay Finance Spain or in case of the closure of the account or in other cases established by the laws of the Republic of Lithuania.

6. Blocking your WALLETTO IBAN account and your WALLETTO Card and refusing Transactions made with your WALLETTO Card

6.1 We may at any time suspend, restrict or cancel your WALLETTO IBAN account and/or your WALLETTO Cards, or suspend or restrict access to the Co-Brand Mobile Application or refuse to issue or replace the WALLETTO Cards for reasons relating to the following:

(a) we are concerned about the security of the WALLETTO IBAN account and/or of the WALLETTO Cards that we have issued to you;

(b) we suspect your WALLETTO IBAN account and/or WALLETTO Cards are being used in an unauthorised, illegal or fraudulent manner;

(c) we need to do so to comply with the law of any jurisdiction;

(d) you tell us that your WALLETTO Prepaid Card is lost or stolen as further detailed in clause 9; or

(e) if the contract between us has been cancelled as further detailed in clause 7.

6.2 Unless informing you would compromise reasonable security measures or otherwise be unlawful, where practicable we will inform you by phone or email, giving our reasons, before suspending, restricting or cancelling your WALLETTO IBAN account and/or your WALLETTO Cards or suspending or restricting access to the Co- Brand Mobile Application or refusing to issue or replace the WALLETTO Cards. If it is not practicable to inform you in advance and unless doing so would compromise reasonable security measures or otherwise be unlawful, we will inform you immediately afterwards, giving our reasons.

6.3 We will unblock your WALLETTO IBAN account and/or your WALLETTO Cards and allow you to regain access to the Co-Brand Mobile Application as soon as practicable after the reasons for stopping its use cease to exist and will inform you by phone or email when we have unblocked your WALLETTO IBAN account and/ or your WALLETTO Cards and allowed you to regain access to the Co-Brand Mobile Application.

6.4 We may refuse to carry out a Transaction:

(a) if we believe that you are acting in breach of these Terms and Conditions;

(b) if we believe that a Transaction is potentially suspicious or illegal;

(c) if the value of the Transaction you are attempting to make plus any applicable Fees is in excess of your Balance; or

(d) if we are unable to carry out the Transaction due to errors, failures (whether mechanical or otherwise) or refusals caused by merchants, ATM operators, payment processors, card networks or payment schemes who are processing Transactions.

6.5 If we refuse to carry out a Transaction, unless informing you would compromise reasonable security measures or be otherwise unlawful, we will inform you at the earliest opportunity and in any event by the end of the Business Day following the day we have received the Transaction request. Normally we will inform you with an error message on the merchant’s or ATM operators’ terminal or website and if applicable, a receipt showing that the Transaction has not been successful, although in some instances we may inform you by phone or e-mail. You can contact the Co- Brand using any of the Contact Methods to ask for the reasons for refusing to carry out that Transaction and for an explanation of how you can correct any information we hold that led to our refusal to approve a Transaction.

6.6 You may correct any information we hold and which may have caused us to refuse a Transaction by contacting us via any Contact Method.

7. Cancelling your contract with us

7.1 The contract between us which is set out in these Terms and Conditions will continue until cancelled in accordance with this clause 7. Your WALLETTO Card will be valid for the period ending on the last calendar day of month indicated on your WALLETTO Card, at which point we shall expect you to contact us and specifically request the renewal WALLETTO Card.

7.2 You have the right to cancel the contract between us, which is set out in these Terms and Conditions, at any time with 30 days prior notice by contacting us using one of the Contact Methods or by requesting the same via Co-Brand or Co-Brand Mobile Application.

7.3 We may cancel the contract with you, with immediate effect, by giving written notice if you break an important part of these Terms and Conditions, including:

(a) if you repeatedly break these Terms and Conditions and fail to resolve the matter to our satisfaction in a timely manner;

(b) if you act in a manner that is threatening or abusive to our staff or anyone acting on our behalf;

(c) if you fail to pay when due any Fees or charges that you have incurred; or

(d) in the event of your death or incapacity.

7.4 We may cancel the contract with you for any reason by giving you at least 2 months’ written notice.

7.5 We may also cancel the contract with you with immediate effect and/ or suspend your WALLETTO IBAN account (including access to it via the Co-Brand Mobile Application) if we believe your WALLETTO IBAN account and/or WALLETTO Cards are deliberately being used by you or anyone else to commit fraud or for other illegal purposes. If we do this, we will tell you by phone or e-mail only to the extent to which we are permitted to do so by law and you must stop using your WALLETTO IBAN account (or attempting to access it via the Co-Brand Mobile Application) and your WALLETTO Cards immediately. In this case Balance in the WALLETTO IBAN account can be blocked till the end of investigation or till the decision of the competent public authorities.

7.6 If we or you cancel the contract between us, then as soon as we are permitted to do so (and normally within 5 Business Days after you contacted us where you cancel this contract) we will return any Balance remaining on your WALLETTO IBAN account (after the deduction of all pending Transactions and applicable Fees) to you (except as provided in paragraph 7.5) . Please note that in order to comply with applicable legal and regulatory requirements, including anti-money laundering and terrorist financing requirements, we may need:

(a) to additionally verify your identity; and

(b) to return that Balance to the same bank account which has previously been used to top up your WALLETTO IBAN account.

7.7 Once the contract between us has been cancelled, you will not be entitled to a refund of money you have already spent on Transactions authorised or pending, or any Fees for the use of your WALLETTO IBAN account or WALLETTO Cards incurred before the contract between us was cancelled.

8. Keeping your WALLETTO Prepaid Card secure

8.1 It is important that you take all reasonable care and precautions to keep your WALLETTO IBAN account details and your WALLETTO Cards and details safe and you must not allow your WALLETTO Cards to be used by anyone else. You must also keep your PIN safe and you must not disclose it or allow it to be used by anyone else.

8.2 If your WALLETTO Prepaid Card is lost or stolen, or if you suspect that someone else knows your PIN, please follow the instructions set out in clause 9 below. If someone else uses either of your WALLETTO Cards without your consent and youhave not informed us in accordance with your obligations in clause 9, you may lose funds held in your WALLETTO IBAN account in the same way as if you lost cash in your wallet or purse.

8.3 You must keep your PIN secret at all times. You should never disclose this security information to anyone. If you suspect that someone else knows your PIN, you should tell the Co-Brand as soon as possible using one of the Contact Methods so that the Co-Brand can give you information on how to change these details.

8.4 We have the right to disable your WALLETTO Prepaid Card, at any time, if in our reasonable opinion you have failed to comply with any of the provisions of these Terms and Conditions.

8.5 We recommend that you check your Transaction history through the Co-Brand Mobile Application on a regular basis to identify any potential unauthorised use of your WALLETTO Cards and to check for Transactions which you do not recognise. We will provide you with a statement of Transactions through the Co-Brand Mobile Application on a monthly basis and you shall keep that statement for your records for at least 18 months. Your statement will show:

(a) information relating to each Transaction which will enable it to be identified;

(b) the amount of each Transaction shown in the currency in which that Transaction was paid or debited to your WALLETTO Card;

(c) the amount of Fees for each Transaction (where applicable);

(d) the exchange rate (where applicable) which applied to each Transaction; and

(e) for each Transaction, the date on which your authorisation was received by us as described in clause 5.3. of these Terms and Conditions.

9. Reporting security breaches and unauthorised or incorrectly executed Transactions

9.1 If you know or suspect that:

(a) your WALLETTO Card has been lost, stolen or misappropriated, or

(b) your PIN or any other security information is misappropriated or known or used by someone who is not authorised to use it,

you must tell the Co-Brand immediately by calling on the Service Hotline.

9.2 If you think a Transaction that was not authorised by you has been processed or that a Transaction has been incorrectly executed, you must contact the Co-Brand immediately via Service Hotline. We may ask you, either directly or via Co-Brand, to complete a declaration form and return it to us promptly.

9.3 We may investigate your claim that a Transaction has not been authorised by you and, where permitted by law, we may charge a fee for doing so.

10. Refunding Transactions

10.1 Provided that you notified us in accordance with clause 9.2. above of an unauthorised or incorrectly executed Transaction without delay and at the very latest within 13 months of the debit date of that Transaction you may be entitled to a refund of that Transaction.

10.2 If the unauthorised Transaction arose from the loss, theft or misappropriation of your WALLETTO Prepaid Card details or of your WALLETTO Virtual Card details or of your user name and password applying to your access to the Co-Brand Mobile Application or of your PIN or any other security information, we will refund the amount involved, except the first 50 EUR, for which you may be liable.

10.3 If the unauthorised Transaction arose from you acting fraudulently or where, with intent or gross negligence, you failed to use your WALLETTO Cards in accordance with these Terms and Conditions (including the obligations to keep safe your WALLETTO Prepaid Card and WALLETTO Virtual Card details, your user name and password applying to your access to the Co-Brand Mobile Application, your PIN and any other security information), we will not make any refund and you will be liable for the full amount of all losses incurred.

10.4 Where any refund is due to you, we shall make it immediately or, if that is not possible, as soon as practicable following receipt of your claim or of any further information we may request in order to investigate your right to a refund. However, if, following investigation, we have reasonable grounds to believe that a refund was not in fact due to you for any reason, or that we have made too large a refund, we may reverse that previous refund and you may be liable for any loss we suffer from your use of your WALLETTO Cards.

11. Redeeming funds in your WALLETTO IBAN account

11.1 You have a general right to redeem funds held in your WALLETTO IBAN account at any time in whole or in part. To do so, please use any of the Contact Methods to request a redemption and indicate the amount to be redeemed (before the deduction of any applicable Fees).

11.2 In order to process your Redemption Request, we may additionally ask you to provide us with documents, evidence and other information to verify your identity to enable us to comply with applicable legal and regulatory requirements.

11.3 We may also charge a Redemption Fee if one of the following circumstances applies:

(a) you are requesting redemption before termination or expiry of these Terms and Conditions;

(b) you cancel these Terms and Conditions before any agreed termination or expiry date; or

(c) you request redemption more than one year after the date of termination or expiry of these Terms and Conditions.

The amount of this Redemption Fee may change over time. The current Fee rates are set out in the clause 23 of these Terms and Conditions.

11.4 We may redeem the funds in your WALLETTO IBAN account, at our discretion, by arranging a refund to the same bank account which has previously been used to top up your WALLETTO IBAN account.

12. Our liability

12.1 We will not be liable to you for any loss arising from:

(a) any unauthorised Transaction where you acted fraudulently or where, with intent or gross negligence, you failed to use your WALLETTO IBAN account and WALLETTO Cards in accordance with these Terms and Conditions (including the obligations to keep safe the WALLETTO Prepaid Card, your WALLETTO Virtual Card details, your username and password applying to your access to the Co-Brand Mobile Application and/or your PIN or any other security information);

(b) any abnormal or unforeseeable circumstances outside of our control, where we could not have avoided those consequences even though we made all efforts to do so;

(c) any merchant or ATM refusing to accept your WALLETTO Cards; or

(d) our compliance with applicable legal or regulatory requirements.

12.2 We will also not be liable for:

(a) business interruption; or

(b) loss of revenue, reputation, goodwill, opportunity or anticipated savings; or

(c) any loss or damage whatsoever which does not stem directly from our breach of these Terms and Conditions.

12.3 We will use reasonable efforts to make your WALLETTO IBAN account and WALLETTO Cards available to you, but we will not be liable to you for any loss or damage arising if it is not available to use at any time, or if access is interrupted.

12.4 Other than the losses set out in the paragraphs above (for which we are not liable) and subject to the paragraphs below, our maximum aggregate liability under or in connection with these Terms and Conditions whether in contract, tort (including negligence) or otherwise, shall in all circumstances be limited to a sum equal to 50 EUR in any 12-month period.

12.5 WALLETTO does not warrant or promise that the WALLETTO IBAN account and/or WALLETTO Cards will meet your requirements and you shall use the WALLETTO IBAN account and WALLETTO Cards at your own risk.

13. Ownership and protection of information

13.1 In order to effectively provide services under this Agreement we will be exchanging your information with the Co-Brand and receive your information from the Co-Brand to the extent necessary to perform our obligations under this Agreement.

13.2 By entering this contract with us you acknowledge that you have contractual relations with the Co- Brand and you explicitly authorise us to share such information as stipulated in clause 1 with the Co-Brand.

14. Changes to these Terms and Conditions

We reserve the right to change the Terms and Conditions at any time. We will take into account your interests affected by the intended changes and will only make changes that we consider to be reasonable. Changes to exchange rates will take effect immediately where they move in your favour or where they result from a change to the reference rate of VISA from time to time. For all other changes, we will give you at least sixty (60) calendar days’ prior written notice via e-mail or via Co- Brand Mobile Application of any intended change to the Terms and Conditions and the new version of the Terms and Conditions will be available on the website of the Co-Brand. If you do not agree with the proposed change you must tell us via one of the Contact Methods before that change takes effect, otherwise you will be deemed to have accepted the change to the Terms and Conditions.

18. Assignment

We may assign our rights and obligations under these Terms and Conditions to another company (including to an affiliate of WALLETTO) at any time, on giving you 2 months’ prior written notice of this. If we do this, your rights under these Terms and Conditions will not be affected.

19. Complaints

19.1 If you have a complaint about your WALLETTO IBAN account and/or your WALLETTO Cards you can contact us directly by emailing support@joompay.com or calling +352 2786 30 19 and we will aim to deal quickly and fairly with any complaints you have about your WALLETTO IBAN account and WALLETTO Cards and in any event, within 8 weeks of receiving your complaint. We will keep you informed of any progress or steps taken with regard to the resolution of your complaint.

19.2 If we do not resolve your complaint about your WALLETTO services you may be able to refer it to the Lithuanian authority’s – Bank of Lithuania.

19.3 You may also be able to refer your complaint about your WALLETTO Plastic Card to the European Commission Online Dispute Resolution platform at www.ec.europa.eu/odr. The platform is a web-based platform which is designed to help consumers who have bought goods, services or digital content online. It provides access to independent alternative dispute resolution services which are usually free for you to use.

20. Disputes with merchants

If you have any disputes about purchases made using your WALLETTO Cards, you should settle these with the person from whom you bought the goods or services. We are not responsible for the quality, safety, legality or any other aspect of any goods or services purchased using your WALLETTO Cards. Remember that once you have used your WALLETTO Card to make a purchase or to withdraw cash we cannot stop that Transaction.

21. Severance

If any court or competent authority finds that any provision in these Terms and Conditions (or any part of any provision) is invalid, illegal or unenforceable, that provision (or part) shall, to the extent required, be deemed to be deleted, and the validity and enforceability of the other provisions of these Terms and Conditions shall not be affected.

22. Governing law and language

These Terms and Conditions are governed by Lithuanian law and are subject to the exclusive jurisdiction of the Lithuanian Courts. These Terms and Conditions are in English and all communications with you will be in English.

23. Fees and Usage Restrictions

Card fees

Card & Account Management

First WALLETTO Virtual Card: Free
First WALLETTO Prepaid Card: Free
WALLETTO IBAN account: Free
Extra WALLETTO Virtual Card: EUR 3
Extra WALLETTO Prepaid Card: EUR 5
Delivery Charge for extra plastic cards: EUR 3

Add money

SEPA: Free
SWIFT: Free
From another Co-Brand user: Free
EEA debit/credit cards: Free up to EUR 300 per month, then a fee of 0.5% on all such top-ups
EEA commercial cards: 2%
Non-EEA cards: 2%

Send money

To other Co-Brand users: Free
To other EEA cards: 2.5%, EUR 3.5 min
SEPA: EUR 0.5
SWIFT: 0.5%, EUR 15 min, EUR 30 max

Other

Currency conversion: 0%

ATM withdrawals: 5 free ATM withdrawals up to EUR 200 per month, then a fee of 2% of all withdrawals above this, EUR 2 min

Service for an account inactive for more than 12 months: EUR 2 per month

Restrictions

Subject to the Terms and Conditions, following are restrictions imposed on your WALLETTO Prepaid Card:

– The maximum value of outbound transactions within any calendar month shall not exceed 5000 EUR (five thousand euro) or equivalent in other currency.

– The maximum amount of topping up of WALLETTO Prepaid Card within any calendar month shall not exceed 5000 (five thousand euro) or equivalent in other currency.

– The maximum monthly cash turnover (aggregate amount of cash withdrawals within calendar month) shall not exceed 5000 EUR (five thousand euro) or equivalent in other currency.

– The maximum daily cash turnover (aggregate amount of cash withdrawals within calendar day) shall not exceed 2000 EUR (two thousand euro) or equivalent in other currency.

– The maximum amount of one ATM cash transaction is 500 EUR (five hundred euro) or equivalent in other currency.

24. Standing Order

24.1. WALLETTO shall execute Standing Order under instructions given by You that are expressed in Payment Order completed by You under requirements set by WALLETTO.

24.2. If an amount is indicated in the Payment Order, it shall remain unchanged during the validity period of Standing Order.

24.3. Standing Order is performed in accordance with the date of first Standing Order and frequency of Standing Order indicated in the Payment Order.

24.4. WALLETTO does not perform Standing Order provided that:

(a) Payment Order is not completed under requirements set by WALLETTO;

(b) there are not enough funds available on the WALLETTO IBAN account for execution of Standing Order and payment of WALLETTO’s commission fee for the delivered service (if any);

(c) operation of WALLETTO IBAN account is terminated in cases stipulated in the legislation of the Republic of Lithuania or in other cases stipulated in agreements concluded between WALLETTO and You.

24.5. Every Standing Order unperformed for the reasons stipulated in Clause 24.4 (b) is cancelled on the thirty first day, counting from the date on which the payment should have been made according to the terms of the Standing Order.

24.6. Responsibility of WALLETTO is restricted by accurate execution of the Standing Order under these provisions.

24.7. WALLETTO shall not be liable for any relations between You and Beneficiary and their possible mutual claims.

24.8. WALLETTO shall not be liable for any losses incurred by You or Beneficiary if Standing Order is not executed in cases mentioned in Clause 24.4. hereof.

24.9. You are liable for truthfulness and completeness of information indicated in Payment Order as well as for availability of necessary funds on the WALLETTO IBAN Account for execution of the Standing Order and payment of WALLETTO’s commission fees for the delivered service.

24.10. If the expiry date of the Standing Order is not indicated in the Payment Order the Payment Order shall be deemed as submitted for unspecified period of time.

24.11. WALLETTO shall have the right to terminate use of service of Standing Order without prior notice thereof provided that:

– WALLETTO IBAN account has unpermitted debit balance in more than 25 days;

– operation of WALLETTO IBAN account is terminated in cases stipulated by the legislation of the Republic of Lithuania or in any other cases stipulated in agreements concluded between WALLETTO and You.

24.12. WALLETTO shall have the right to terminate the Standing Order in case WALLETTO terminates delivery of the Standing Order service by giving notice to You thereof 30 days in advance.

24.13. Standing Order shall be irrevocable and may not be cancelled or otherwise withdrawn by You, unless such cancellation is consented to in writing by the beneficiary of the Standing Order or in case of the closure of the account or in other cases established by the laws of the Republic of Lithuania.

25. Cashback

25.1. User may earn cashback (the “cashback”) from the Co-Brand up to an amount per month and subject to other terms and conditions as may be determined by Co- Brand in its sole discretion and displayed to you in the Co-Brand Mobile Application. The amount of cashback earned will be shown to you in the Co-Brand Mobile Application (the “cashback balance”) and may be requested by you in the Co-Brand Mobile Application to be credited to your e-money account, provided that the amount of such cashback is above the minimum amount determined by Co-Brand and displayed to you in the Co-Brand Mobile Application. Cashback amount will normally be equivalent to a certain percentage of your payments for selective merchant categories or selective merchants selected by you in the App each month according to terms displayed in the Co-Brand Mobile Application. Cashback may also represent an amount redeemable by you to the cashback balance with a promotional code of the Co-Brand, its affiliates or its partners.

25.2. The actual amount of cashback will be rounded down to the next whole number of eurocents. The minimum amount of cashback per transaction is 0.01 EUR.

25.3. Co-Brand may change the percentage of the cashback, the groups of merchant categories or merchants eligible for cashback, validity and expiry period of the cashback balance or the promotional codes, the maximum amount of cashback per month and the minimum amount of transfer of cashback to e- money account for any reason at any time.

25.4. If the payment that earned a cashback described above is refunded or the cashback was earned fraudulently or otherwise in breach of these Terms and Conditions or Co-Brand Mobile Application Terms of Use, we will reduce the amount of your cashback balance for the respective amount. If there is insufficient amount of the cashback balance, we will display a negative amount of cashback balance that represents the amount owed by you to the Co-Brand until you earn sufficient cashback with your payment transactions. We may also take legal steps to recover the amount you owe us or the Co-Brand.

By accepting this WALLETTO Prepaid Card Terms and Conditions:

i) I confirm that I hereby acknowledge that I have read and understood the terms of this agreement and agree to be bound by them;

ii) I undertake to monitor observation of WALLETTO Prepaid Card Terms and Conditions by the Cardholders while the validity of the Co-Brand Agreement concluded between JOOMPAY EUROPE S.A. and UAB WALLETTO.