We are contacting you to let you know that we are making changes to some of the terms and conditions that govern our relationship with you and the way we provide our services.

We are making changes due to upcoming changes in the law and regulations relating to financial services providers in Europe and how we provide services to our customers.

Your updated terms and conditions can be accessed below.

These changes will come into effect 2 months from the date of this notice and will automatically apply to the services we provide to you. If you do not agree to the changes, then you are of course free to cancel your account prior to the effective date.

Terms of Use

Last revised November 2017

These Terms of Use set out the agreement between you and Payfriendz upon which the use of the App by you is permitted. The Terms of Use can be viewed at any time on our Website or in the App. You may only become a user with our agreement and must provide all the information requested on the Application, which forms a legally binding contract once you have opened an Account.

Our failure to exercise or enforce any right under these Terms of Use shall not be deemed to be a waiver of any such right to bar the exercise or enforcement thereof at any time or times thereafter.

No reliance should be placed on any oral statements made either before or after entering into these terms. We accept no variations to these terms and conditions proposed by You save those expressly agreed us.

Your Account is provided by and your Virtual Mastercard is issued by Paysafe. The use of your Account and your Virtual Mastercard is also governed by the Paysafe Terms and Conditions By accepting our Terms of Use or by using your Virtual Mastercard, you will be deemed to have accepted the Paysafe Terms and Conditions. In the event of a conflict between these Terms of Use and the Paysafe Terms and Conditions, the Paysafe Terms and Conditions shall prevail. The latest version of the Paysafe Terms and Conditions can be found here.

Contents

1. Definitions

2. Important information

3. General Information

4. Our requirements

5. Using your account

6. Cancellation, closure and suspension

7. Prohibition on use

8. Disclaimers

9. Data protection

10. Changes to these Terms of Use

Appendix

I. Fees and limits

II. Privacy Policy

III. Complaints Policy

1. Definitions

"Account" or "Payfriendz Account" is the electronic money account associated with the Payfriendz Service.

"Application" or “App” refers to the Payfriendz smartphone mobile application which enables you to use the Payfriendz Service.

"Authorise" or "Authorisation" means you allow a merchant or other third party to collect or initiate a payment from your Account.

"Emojicode" is a passcode you need to create to secure your account and confirm certain actions on the App.

"Fee/Fees" are the amounts payable by You as stated in the Appendix to these Terms of Use.

"Limits" are usage restrictions which apply in relation to the Payfriendz Service, including any which may be applicable to Your Account and any Virtual Mastercard, as stated in the Appendix to these Terms of Use.

"Mastercard Transaction" means the completion of a transfer of funds from an Account holder to a merchant for goods or services purchased using the Virtual Mastercard.

"Paybase" Limited is a private limited company registered in England and Wales with company number 08649018 and whose registered office is 130 Shaftesbury Avenue, London W1D 5EU, UK. Paybase is an Electronic Money Institution authorised and regulated by the Financial Conduct Authority with reference number 900524.

"Paysafe" Limited is a private limited company registered in England and Wales with company number 04478861 and whose registered office is Compass House, Vision Park, Chivers Way, Cambridge CB24 9BZ, UK. Paysafe is an Electronic Money Institution authorised and regulated by the Financial Conduct Authority with reference number 900015.

“Paysafe Terms and Conditions” are the terms and conditions entered into between you and Paysafe governing the use of the Account and the Virtual Mastercard, as amended from time to time.

“Payfriendz Service” is the entire service which the Payfriendz app provides, including peer-to-peer transactions, topping-up e-wallets and withdrawing to bank accounts. Any possible action taken when logged in to the app is considered to be a part of the Payfriendz Service.

"Peer-to-Peer Transaction" is the transfer of funds between two Payfriendz Users which can be initiated by either party.

"Redeem" or "Redemption" is the withdrawal of any or all of the electronic money from your Payfriendz Account to your verified bank account.

"User" "you" "your" refers to the individual holding the Account in accordance with these Terms of Use.

"Terms of Use" are the conditions (including any Appendices) which govern your use of the App.

“Top up” or “top-up” is the purchase and placing of electronic money into your Payfriendz Account.

"Virtual Mastercard" is an in-app virtual card issued by Paysafe which can be used in conjunction with the Account to buy goods and services online from merchants. It must be activated before it can be used.

"We", "us" or "our" means Paybase (as provider of the Payfriendz Services).

"Website" refers to our online homepage at www.payfriendz.com

2. Important information

Your Payfriendz Account enables you to hold stored electronic money, which can be accessed, managed and transacted through the App in the form of sent and received peer-to-peer payments, top-ups to fund the account and redemptions of these funds to your bank account. Your Account is issued to you by Paysafe, which is a member of the Mastercard scheme and is licensed by Mastercard International. Paybase operates the Payfriendz Service but does not itself issue any e-money, operate any Account or issue any Virtual Mastercard cards.

For general enquiries email support@payfriendz.com or by post to:

Paybase
5-7 Tanner Street
London SE1 3LE

3. General Information

You acknowledge that:

● The Account is an electronic money product and although it is a product regulated by the Financial Conduct Authority (http://www.fca.org.uk), it is not covered by the Financial Services Compensation Scheme. No other compensation scheme exists to cover losses claimed in connection with the Account.

● When Paysafe receives your funds for a top-up, they are transferred into a segregated account and safeguarded by Paysafe until they are cleared following Peer-to-Peer Transactions, Mastercard Transactions, and/or Redemption. If Paysafe becomes insolvent, funds that you loaded into your Account will be protected for you against the claims of Paysafe’s creditors as they are held in a safeguarded account.

● All communications shall be in the English language.

● A person who is not a party to these terms shall not have any rights under or in connection with them.

● We may record telephone conversations with you. All reasonable efforts are made to notify every person who is being recorded that recording is taking place.

● These terms and any trade or contract made pursuant to these terms and any dispute arising hereunder shall be interpreted in accordance with English law and all disputes shall be heard in the exclusive jurisdiction of the courts of England and Wales.

4. Our requirements

● You must be at least 18 years old

● You must not be in breach of any Terms of Use or otherwise have had access limited to your Account, or have had your Account closed by us.

● You will promptly update your Account details on the App if your name, residential address, email address, phone number, payment card or bank account information changes from those that you have submitted to Us.

● You will not attempt to transfer funds either to or from a bank account that is not in your name.

● Unless expressly agreed by us, you may not open more than one principal Account and we may close any or all of the Accounts of a User who has, or who we reasonably suspect has, opened or attempted to open, multiple Accounts.

● When you open an Account, you will register a username and a password.

● You will need to set up an Emojicode for your account to perform certain functions.

● All Peer-to-Peer Transactions and Mastercard Transactions where the correct Emojicode have been entered will be regarded as valid, and we reserve the right to assume that a person entering the correct passcode is the rightful Account holder.

● You will not permit any third party to use your account.

● If you have any indication or suspicion that your Emojicode, password or other security details are lost, stolen, misappropriated or otherwise compromised, you should change your password and contact us immediately by emailing support@payfriendz.com. Any delay in notifying us may result in you being liable for losses incurred .

● You permit Paysafe to obtain or receive funds on your behalf from your chosen payment source, plus applicable Fees, and then issue electronic money to your Account.

● You should check all the Fees which apply to your use of the Payfriendz Service. These are set out in the Appendix to these Terms of Use.

● You understand that when using the Payfriendz Service, you may be subject to applicable charges of your financial institution or bank. We cannot tell you the charges that may be levied by these parties, such information can be obtained directly from your financial institution or service provider.

● You must cooperate in any investigation to confirm your identity or verify any information you provide us.

● If you believe that an unauthorised Mastercard Transaction and/or Peer-to-Peer Transaction was executed on your Account, you must contact us without undue delay on becoming aware of it and within thirteen months of the debit date. We will make immediate efforts to trace the transaction and take appropriate action to resolve the issue. Depending on the circumstances, we may require you to complete a dispute declaration form. The Virtual Mastercard is issued to you by Paysafe and its usage is governed by the Paysafe Terms and Conditions.

● You are fully responsible for the instructions you give to Us.

● You are prohibited to use, reproduce, modify or distribute trademarks, trade names, logos, Website designs, text, content and graphics in relation to the App and the Website.

● Any information provided by us to You is for information purposes only, and should not be relied upon as expert advice. No reliance should be made on any statements made on the Payfriendz website, which may be out of date.

4.1 The Money Laundering Regulations 2017

As a regulated institution, for the purposes of the Money Laundering Regulations 2017 we have certain responsibilities and obligations, these include but are not limited to identifying our clients and verifying that identity. Therefore, we may undertake electronic or automated searches or, where necessary, require you to provide physical evidence of such identity in the form of photographic identification and proof of address.

● You acknowledge and agree that any details provided to us regarding identity may be submitted to relevant information agencies for clearance.

● You accept that such personal data will be processed for and on behalf of, or by us, in connection with these obligations. We do not conduct credit checks.

● You agree to supply promptly the information reasonably requested by us.

● You warrant that the information you give in relation to your identity is accurate and does not breach any laws or regulations.

● We will not allow use of the App until we are satisfied as to your identity.

● If at any time, we are not satisfied as to your bona fides we may, at our absolute discretion, withdraw your status as a User and terminate these Terms of Use.

5. Using your Account

5.1 Opening your Account

By opening an Account, you will be able to(subject to identity, security validation and verification checks, limits and any applicable Fees):

● Purchase electronic money to be credited to your Account so that you may make transfers to other Users.

● Receive funds into your Account sent from the Accounts of other Payfriendz Users.

● Redeem electronic money from your Account to a validated bank account.

● Use the Virtual Mastercard to carry out Mastercard Transactions. Please note that the Virtual Mastercard is issued to you by Paysafe and its usage is governed by the Paysafe Terms and Conditions.

5.2 Top Up Funds into your Account

When you top up funds into your Account using one of the permitted methods, Paysafe will load the funds to your Account upon receipt of authorisation from your card issuer.

5.3 Peer-to-Peer Transaction

A Peer-to-Peer transaction (i.e. a transfer of funds between one Payfriendz Account to another) will be regarded as authorised when you enter your Emojicode. This Authorisation cannot be withdrawn by you. The amount transferred should be credited instantaneously to the recipient’s Account.

5.4 Virtual Mastercard Transactions

Your Virtual Mastercard is issued to you by Paysafe. Use of the Virtual Mastercard is governed by the Paysafe Terms and Conditions.

5.5 Redemptions

Provided that a hold has not been placed on the funds in your Account, you may at any time redeem all or a portion of the balance of electronic money in your Account in accordance with the Paysafe Terms and Conditions by following the procedure set out in the withdrawal function of the App. To comply with regulations and for the safety of your Account we may require you to send us documents verifying your identity prior to allowing a redemption of funds. A redemption request will be regarded as authorised by you where you have confirmed it with your Emojicode and satisfactorily fulfilled any identity verification requirements.

6. Closure, cancellation and suspension

6.1 Closure

You may close your Account at any time at no cost by contacting Customer Services. When your Account is cancelled, we will immediately block your Account and any associated Payfriendz Virtual Mastercard so they cannot be used. Even after your Account has been closed you will remain liable for all obligations relating to your Account. We will hold and continue to store the personal data associated including the history of your Peer-to-Peer Transactions and/or Mastercard Transactions, for a minimum period of six years from the date of closure of your account as required by law.

6.2 Cancellation

We may cancel these Terms of Use and close your Account by giving you not less than two months’ notice after which you will not be able to use the Payfriendz Service.

We may cancel these Terms of Use with immediate effect if you havebreached these Terms of Use, including a failure to pay Fees or charges that you have incurred or a failure to put right any shortfall.

If we cancel your Account or terminate these Terms of Use, you must tell us what you want us to do with any remaining funds in your Account so that Paysafe can return the funds to a bank account held in the same name as the Account. We will need to verify your identity and bank account in order to satisfy Anti Money Laundering requirements before processing a Redemption of these funds. The electronic money in your Account will be available to you for a period of six years from the date of termination, after which point it will be forfeited, in accordance with the Paysafe Terms and Conditions.

6.3 Suspension

At our discretion, we may limit access to your Account, placing a hold on funds in your Account for legal, regulatory or security reasons including, but not limited to the following circumstances:

● You are in breach of these Terms of Use.

● We have reasonable grounds to believe that your Account has been used in connection with an unauthorised payment card or bank account.

● You have abused the reversal or chargeback process provided by your bank.

● You refuse to cooperate in an investigation or to provide adequate confirmation of identity or other identity or security information when requested.

● Your Account has been used or allegedly used in or to facilitate fraudulent or other illegal activity.

● You fail to comply with money laundering or terrorist financing investigations conducted by government authorities, agencies or commissions.

In the event that we suspect you are engaging in any activity referred to above we reserve the right to contact third parties and disclose details of any prohibited activities, in accordance with our Privacy Policy, and/or take legal action against you.

6.4 Breach of Terms of Use resulting in Cancellation or Suspension

If we identify that your Account is or may be in breach of these Terms of Use, We reserve the right to:

reverse or suspend a transaction;

close or suspend your Account';

claim damages from you; and

charge you a reasonable reverse payment administration fee.

7. Prohibition on use

● You may not use the App for activities involving gambling, gaming and/or any other activity with an entry fee and a prize, including, but not limited to casino games, sports betting, fantasy sports, lottery tickets, other ventures that facilitate gambling, games of skill (whether or not legally defined as gambling) and sweepstakes.

● You may not use the App for sending unsolicited communications of specific or mass messaging (spam).

8. Disclaimers

8.1 Warranties

We make no representations or warranties regarding the amount of time needed to complete processing, such as delays in the banking system or your local mail service. We make no representations or warranties as to continuous, uninterrupted or secure access to the Payfriendz Service, which may be affected by factors outside our control, or may be subject to periodic testing, repair, upgrade or maintenance.

8.2 Legality

We assume that prior to opening your Account, you have determined that doing so is not a violation of any law or regulations in your country of residence and jurisdiction. You warrant that you are not violating any laws or regulations by your use of the Payfriendz Service and you agree to indemnify Paybase, its affiliates, subsidiaries, agents and subcontractors, from and against any and all liability that might arise from your use of the Payfriendz Service in violation of any law or regulation.

8.3 Affiliates

Neither us nor any of our affiliates, subsidiaries, agents or subcontractors shall be responsible for any claim, loss or damage suffered or incurred by you or any third party unless it has been caused as a direct result of our negligence or wilful misconduct. Under no circumstances shall we, our affiliates, subsidiaries, agents or subcontractors be liable for any claim, loss or damage caused or alleged to be caused by any of the following:

● Errors made by you or another user such as making a Peer-to-Peer Transaction to an unintended person or sending or requesting an incorrect amount.

● Use of your Account by another person who passes all identity and security validation and verification checks.

● Any fraud or misrepresentation made by a User, even if the user passes all identity and security validation and verification checks.

● Delays, losses, errors or omissions caused by the failure, interruption, infiltration or corruption of any hardware, software or other telecommunications or data transmission system.

● Interception or seizure compelled by law.

● Any abnormal or unforeseen circumstances outside our reasonable control, the consequences of which would have been unavoidable despite all efforts to the contrary.

8.4 Consequential Loss

In no event shall we, our affiliates, subsidiaries, agents or subcontractors be liable to you or any third party for:

● Business interruption, loss of revenue, goodwill, opportunity or anticipated savings.

● Any loss or damage whatsoever which does not stem directly from our breach of these Terms of Use.

8.5 Duties and Taxes

We disclaim any and all liability for any goods or services bought or sold by you that are settled through your use of the Payfriendz Service, including any charges, taxes or other duties in relation to such goods or services.

9. Data Protection

We are the data controller of personal data given to us in connection with your Account. We may check all personal information given by you with credit reference or fraud prevention agencies and other organisations, we may perform a search of your credit file in order to verify your identity. The credit agencies may keep a record of your information and the searches made. For more information on how we handle data see the Privacy Policy in the Appendix to these Terms of Use.

10. Changes to these Terms of Use

We may find it necessary to vary these Terms of Use from time to time and will notify you at least two months in advance of the date on which the changes are due to take effect. We will notify you on our website about such variations. Your continued use of the Payfriendz Service shall constitute an acceptance of any amendments to these Terms of Use. The Terms of Use will show the most recent revision date.

Should you wish not to be bound by any revision to the Terms of Use, you must tell us that you do not agree to the change within the two months otherwise you will be deemed to have accepted the new Terms of Use. In that event, we will treat that notice as notification that you wish to terminate the Terms of Use at the end of the two months’ notice, at which point we and Paysafe will close your Account and refund any funds owed to you. You have the right to terminate the Terms of Use immediately and without charge within the two months’ notice period.

Appendix

I. Fees and Limits

II. Payfriendz Privacy Policy

III. Payfriendz Complaints Policy

I. Limits and fees

General account limit £2,200

Top-up

Minimum £5

Maximum £80

Annual limit £2,200

Peer-to-Peer transaction

Minimum £0.01

Maximum £400

Annual limit £2,200

Virtual Mastercard transaction

Minimum £0.01

Maximum £2,200

Annual limit £2,200

Transfer to bank

Minimum £5

Maximum £800

Annual limit £800

Fees:

Breach of Terms of Use Up to £150

Monthly Account Fee £2 monthly following 3 months of inactivity on your Account.

II. Payfriendz Privacy Policy

The information we collect via our App or from visits to our Website generally falls into the following two categories: Personally Identifiable Information and Non-Personally Identifiable Information. Your bank account or payment card information will be used solely by Paybase and Paysafe for the processing of such transactions and for no other purpose whatsoever. We do not sell, trade, or rent to others the identifiable information we collect.

1. Personally Identifiable Information

This refers to information that lets us know the specifics of who you are. The Personally Identifiable Information We collect may include your name, residential address, phone number, e-mail address, employer, bank card number, bank card expiration date, shipping address, ID numbers, login names, passwords, public postings, prospect email address, and job title. We request Personally Identifiable Information when you order a product or service, participate in certain promotional activities, fill out surveys, and correspond with us. We also collect Personally Identifiable Information when you ask that we send products or information directly to other people; in these cases, we will collect the information you submit about the recipient.

2. Non-Personally Identifiable Information

This refers to information that does not by itself identify a specific individual. The non-personally identifiable data we collect may include the URL of any website that you came from before visiting our Website, the pages you visit on our Website, the URL you next go to, the browser you used to come to our Website, your internet protocol address, any search terms entered on our Website and the IP address of the server through which you are contacting us.

Our primary goals in collecting information are to provide customers with superior service and to provide all visitors a smooth, efficient, and personalised experience while using our services. For example, if you purchase products or request information, we may use your Personally Identifiable Information to fill your order or provide the requested information. We use non-personally identifiable information on an aggregated basis to analyse customer behaviour to help us understand how visitors use our services and to measure interest in the various services. We use this information to improve the content of our services, to make our services easier to use, and to customise our advertising.

3. Legal Requests

From time to time, we may be required to provide personally identifiable information in response to a court order or government investigation. We also reserve the right to report to law enforcement agencies any activities that we in good faith believe to be unlawful. We may release certain Personally Identifiable Information when we believe that such release is reasonably necessary to enforce or apply our Terms of Use or to protect the rights, property, and safety of others and ourselves.

4. Mergers

Paybase or its related entities could merge with or be acquired by another business entity or their respective assets could be acquired. Should such a merger or acquisition occur, you should expect that Paybase would share some or all of your personally identifiable information to continue serving you and other Users of our services.

5. Errors and Changes

You can access, review and/or correct all your personally identifiable information that we collect online and maintain as described above. We use this to better safeguard your information. You can correct factual errors in your personally identifiable information by sending us a request that credibly shows error. To protect your privacy and security, we will also take reasonable steps to verify your identity before granting access or making corrections.

6. Cookies

A cookie is a small data file transferred by a website to your computer's hard drive. We may send cookies when you surf our Website, make purchases, respond to online surveys or polls, or request information. Accepting the cookies does not give us access to your personally identifiable information, but we can use the cookies to identify your device. The aggregate information collected permits us to analyse traffic patterns on our services. This can enable us over time to provide you with a better experience on our services by improving the content and making it easier to use. For example, cookies can keep track of what you have selected to purchase as you continue to shop and allow you to enter your password only once on pages where a login is required. A list of all cookies we are using at our Website can be found at http://www.payfriendz.com/cookies-policy.

7. Browsers

Internet Explorer automatically accepts cookies, but you can refuse cookies, or selectively accept certain cookies, by adjusting the preferences in your browser. If you turn off cookies, though, most features of our services will not be available to you. You can find information on the relevant browser and how you can adjust it to control cookies.

Parts of our service may contain links to third-party sites for your convenience and information. If you use these links, you will leave the Payfriendz website. When you access a non-Payfriendz site, please understand that we do not control the content and are not responsible for the privacy practices of that site. We suggest that you carefully review the privacy policies of each site you visit. This online privacy statement does not cover the information practices of those sites linked to our services. These other sites may send their own cookies to Users, collect data, or solicit personal information.

8. Changes

If there are changes or additions to the terms of this Privacy Statement, we will post those changes here so that you will always know what information we collect, how we use it, and what choices you have. Please be sure to check this page before proceeding to use our services. Regardless of any changes we make to our Privacy Statement, we will always use your personally identifiable information in accordance with the version of the statement in place at the time you provided your information, unless you give your express consent for us to do otherwise.

III. Complaints Policy

1. Introduction

We are committed to providing a high standard of service to all members on every occasion. Occasionally, however, we may not live up to your expectations.

If you have a complaint about any aspect of the Payfriendz Services, then we would like to hear from you. You can contact us by e-mail via the App and the Website to complaints@payfriendz.com. We have established an internal complaints procedure to make sure that your complaint is handled efficiently. Contact details are provided at the end of this document.

We take your comments seriously. They allow us to improve our service to you and help us to improve our products and services to all our Account holders. If you think that we could have served you better then please let us know.

2. Information we ask for

In order to make sure that your complaint can be investigated and resolved as quickly as possible we need to understand exactly what the problem is - the more information you can give us the better. Please provide us with the following:

● Your name, address and Account number

● A clear description of your concern or complaint

● What You would like us to do to put it right

● Copies of any relevant documents (for example emails sent by or to you)

● An email address and a daytime telephone number where we can contact you

3. What we will do

Sometimes we won't be able to resolve your complaint or concern immediately. If we can't and if we have not already contacted you with our proposal for resolving it, we will:

● Acknowledge immediately by email that we have spoken to you and that your complaint has been passed on to the complaints team

● Where appropriate resolve your complaint within 3 business days

● Let you know who will handle your complaint, and how you can contact them.

If your complaint is complicated it could take longer to resolve. If this is the case we will keep you informed of progress as we continue our investigations. We expect to resolve your complaint much sooner however in any event of delay we will send a final response within 15 business days of your complaint being made. If we cannot do this, we will email you with an update at that time to explain what's happening, and to let you know when we expect to resolve your complaint. At this time we will also inform you of your rights to refer your complaint to the Financial Ombudsman Service (FOS).

We shall try to resolve all complaints as quickly as possible, and to the satisfaction of our members. If you are not satisfied with the outcome of your complaint then you should get in touch directly with the person who has handled it (or Customer Services). They will agree with you what next steps can be taken.

4. Payfriendz Complaints Procedures

If you would like a copy of Payfriendz Internal Complaints Handling Procedures you can request it from complaints@payfriendz.com.

5. Financial Ombudsman Service

If, after receiving our final response you are still unhappy then you can request a review from the UK's Financial Ombudsman Service (FOS). The FOS was established to perform independent reviews on any eligible complaints made by Account holders which companies are unable to resolve to the consumer's satisfaction.

We will inform you of your eligibility to refer your complaint to the Financial Ombudsman Service. We will also provide you with a copy of the FOS’ explanatory leaflet and the relevant contact details or you may contact the Financial Ombudsman Service directly at:

The Financial Ombudsman Service

Exchange Tower

London, E14 9SR

Telephone: +44 845 080 1800

E-mail: complaint.info@financial-ombudsman.org.uk

Website: www.financial-ombudsman.org.uk

6. Contact us

If you have any general questions please contact the Payfriendz Customer Support team via their dedicated email: support@payfriendz.com. If you contact the support team please leave a message including:

● Your Payfriendz account user name

● Your full name

● Your mobile phone number

● A brief message describing your question or enquiry

Your prepaid card terms and conditions

These terms and conditions apply to your prepaid card.

You must read these Terms and Conditions carefully. By using your Card you will be deemed to have accepted these Terms and Conditions. If you do not accept these Terms and Conditions you should not use your Card.

Your Card is issued by and is the property of Paysafe Financial Services Limited (registered number 4478861), compass house, Vision Park, Chivers Way, Histon, Cambridge, cb24 9BZ. Paysafe Financial Services limited is an electronic money issuer regulated by the financial conduct authority under registration number frn: 900015. Your card is not transferable.

If you have any queries or complaints please contact customer services (see details below).

1. Definitions

"Card" means the Mastercard® prepaid card issued to You whether in the form of a plastic, digital or virtual card, under these Terms and Conditions.

"Card Account" means the electronic money account held by You with Us and to which Your Card is linked.

"Card" means the Mastercard® Payfriendz virtual prepaid card issued to You in accordance with these Terms and Conditions.

“Card Account ID Information” means any and all of the following pieces of information: your Card details (Card number, expiry date and CVV code), your PIN, information you use to log in to your Card Account, and any credentials and information specific to your Card Account.

"Customer Services" can be contacted on:

Email: support@payfriendz.com, Available 9 a.m. to 6 p.m. (UK time), Monday to Friday (excluding public holidays in the UK)

Post: Paybase, 5-7 Tanner Street, London, SE1 3LE

Lost or Stolen Cards: Chat function (in the Payfriendz App), Available 24 Hours, 7 Days a Week

“Emojicode” means the passcode created by You using the Payfriendz App.

“Fees Table” means the table of fees and charges applicable to the Card as set out [on the Website]/[in the Appendix to these Terms and Conditions].

"Mastercard®" means Mastercard International of New York or its successors or assigns. means a retailer or any other person or firm or company providing goods and /or services that accepts cards displaying the Mastercard® acceptance symbol in payment for such goods and /or services.

“Paybase” Limited is a private limited company registered in England and Wales with company number 08649018 and whose registered office is 130 Shaftesbury Avenue, London W1D 5EU, UK. Paybase is an Electronic Money Institution authorised and regulated by the Financial Conduct Authority with reference number 900524.

“Payfriendz App” means the Payfriendz smartphone mobile application.

“Payfriendz Terms of Use” means the terms of use entered into between You and Payfriendz for the use of the Payfriendz App.

"Terms and Conditions" means these terms and conditions together with the Fees Table and any supplementary terms and conditions and amendments to them that We may notify You of from time to time.

"Third Party Provider" means a service provider authorised by law or allowed by you to access information or make payments for you in your Card Account.

"Transaction" means any cash withdrawal, purchase of goods and/or services (as appropriate) completed by You using Your Card, or any action which alters the balance of Your Card Account.

"Us" or "We" or "Our" means Paysafe Financial Services Limited or (where applicable) Paybase acting on behalf of Paysafe Financial Services Limited.

"Website" means www.payfriendz.com.

"You" or "Your" means the person entering into these Terms and Conditions with Us.

2. Fees

2.1. Your use of Your Card is subject to the fees and charges set out in the Fees Table which forms part of these Terms and Conditions. Any or all of these fees/charges may be waived or reduced at Our discretion. Our fees/charges may change over time. If so, We will notify You in advance of such changes in accordance with Section 3.1. Your banking provider may charge a fee for the transfer of funds and/or additional ATM fees may be charged by ATM providers. Any such fees would be in addition to the fees set out in the Fees Table.

2.2. Fees and charges will be paid from Your Card Account at such time as they are incurred.

3. These Terms and Conditions

3.1. We may change these Terms and Conditions including without limitation changing existing fees or introducing new fees, from time to time. We will provide You with at least two months’ notice before the proposed change comes into effect, however changes that make these Terms and Conditions more favourable to You or that have no adverse effect on Your rights shall come into effect immediately if so stated in the change notice. All such changes will be posted on the Website with a link to the amended terms and conditions and shall be notified to You by sending an email to the email address registered with Your Card Account. Changes to exchange rates can be made immediately and without notice.

3.2. The up-to-date version of these Terms and Conditions will be posted on the Website. You should check the Website regularly so that You can see the latest version. You will be bound by these Terms and Conditions and any amendments made to them. We recommend that You print off a copy of these Terms and Conditions to keep for Your records.

3.3. You will be taken to have accepted any change We notify to You unless You tell us that You do not agree to it prior to the relevant change taking effect. In such circumstance, We will treat Your notice to Us as notification that You wish to terminate these Terms and Conditions immediately and We will refund the balance on Your Card Account. In this circumstance You will not be charged a refund fee.

4. Scope of these Terms and Conditions

4.1. These Terms and Conditions govern Your use of Your Card and Card Account. The funds for all Transactions are held in Your Card Account as electronic money and no interest will be paid on these. When You make a Transaction using Your Card the value of the Transaction plus any associated fees payable will be deducted from Your Card Account and used to complete the Transaction.

4.2. Your Card is a prepaid card and the funds loaded onto Your Card are known as electronic money. Your Card is not a credit card, charge card or a debit card. You can only spend to the value of the funds that You load onto it. All Cards are issued by Us pursuant to a licence from Mastercard®.

4.3. Although Our activities are regulated by the Financial Conduct Authority, neither Your Card nor Your Card Account is covered by the Financial Services Compensation Scheme. However the funds in Your Card Account are safeguarded by Us, which means that they are kept separate from Our assets so in the unlikely event We become insolvent, Your funds remain safe from Our creditors.

5. Card issuance

5.1. To use a Card (other than an additional Card) You must be at least 18 years old. Before We can issue You a Card We will need to know some information about You. We will check Your identity and where You live. We may use third parties to obtain this information and carry out checks on Our behalf, this may include using credit reference agencies. However a credit check is not performed and Your credit rating will not be affected.

5.2. We reserve the right to refuse to issue You a Card.

5.3. If You have any problems with Your Card please contact Customer Services.

5.4. If You receive a plastic Card, You must sign it as soon as You receive it and activate it. Activation instructions are set out on the packaging that Your Card is attached to. Your Card cannot be used until this is done. A virtual card can be used immediately upon receipt and does not need to be activated.

5.5. We may allow You to have additional cardholders in accordance with these Terms and Conditions.

5.6. Any additional cardholder must be at least [13] years old. It is Your responsibility to demonstrate this to Us, and We may ask for proof of identity including name, date of birth and address and proof that You are the parent or legal guardian of the additional cardholder. You must confirm with any additional cardholder that they consent to You providing this information to Us and We may ask for proof of such consent.

5.7. You will be responsible for the use of any additional Cards and for any applicable fees or charges that any additional cardholders may incur. These Terms and Conditions apply to any additional Cards and You must make sure that any additional cardholder complies with the requirements of these Terms and Conditions in respect of their Card.

5.8. You must make sure that any additional cardholders under 18 years old do not use a Card for any purpose for which the minimum age is 18 or higher, e.g. gambling, adult entertainment, or purchase of alcohol.

5.9. You can request that additional cardholders are issued Cards with either a shared balance with the primary cardholder or an additional Card that has a separate balance and We will charge a fee per Card as set out in the Fees Table. Both the shared balance and separate balance additional Cards can only receive funds (top-up) by load from the primary Card. All Transactions or charges on the shared balance Card will be deducted from Your balance. All Transactions or charges on the separate balance Card will be deducted from the balance on that additional Card.

5.10. If Your Card expires or is terminated, access to Your balance will cease for any additional cardholder and any additional cardholder Cards will expire or terminate as applicable. This will happen even if the expiry date printed on an additional cardholder’s Card is later than that on Your Card.

6. Loading your card

6.1.Funds can be loaded in to Your Account by You by using a UK debit card. A fee may be charged to load Your Account; see the Fees Table for details.

6.2. Limits apply to the number of times Your Card Account may be loaded in a day. Minimum and maximum load limits also apply, and these are set out in the Fees Table. We reserve the right to refuse to accept any particular load Transaction.

7. Use of your card

7.1. You can use Your Card to purchase goods and services anywhere Mastercard® is accepted. You can also withdraw cash at an ATM or over the counter at a financial institution displaying the Mastercard® logo, subject to there being sufficient funds in Your Card Account and the Merchant, ATM supplier or financial institution being able to verify this online.

7.2. There are spending and withdrawal limits for the use of Your Card; please see the Fees Table for details.

7.3. Be aware that some ATM providers charge additional fees for the use of their ATMs and some Merchants may add a surcharge for using certain types of cards. You may also be subject to their terms and conditions of business. It is Your responsibility to check before proceeding with Your Transaction.

7.4. You must not spend more money on Your Card than You have in Your Card Account. You are responsible for ensuring that You have sufficient funds when You authorise a Transaction and we reserve the right to decline to authorise a Transaction where you do not do so. If you have insufficient funds, You must pay the overspend to Us immediately. We will take any such action seriously and take any steps necessary to enforce any actions against You.

7.5. You agree that once We notify You of any such overspend by whatever means You must repay it immediately. We reserve the right to deduct an amount equivalent to the overspend from any other Cards that You hold with Us or from any other payment instrument You designate to Your Card Account and against any funds which You subsequently paid into Your Card Account. We may suspend Your Card and any other Cards connected to You until we are reimbursed the overspend amount.

7.6. Merchants such as car hire companies, hotels, restaurants and other service providers will estimate the sum of money You may spend or for which You require authorisation. The estimate may be for greater than the amount You spend or are charged, for example:

a. at restaurants You may be required to have a maximum of 20% more on Your Card than the value of the bill to allow for any service charge added by the restaurant;

b. at “pay at pump” petrol pumps (if applicable) You may be required to have an amount equal to the maximum Transaction value permitted at the pump in Your Card Account.

The merchant will be required to tell you the estimated amount that will be blocked in Your Card Account and seek Your consent.

This means that some of the funds on Your Card Account may be blocked until the Merchant has settled the actual Transaction amount and accordingly, You will not be able to spend this estimated sum during this period. We will release the blocked funds without undue delay on becoming aware of the amount of the Transaction and in any event will unblock the funds immediately after receipt of the settlement request from the merchant.

7.7. Merchants may not be able to authorise a Transaction if they cannot obtain online authorisation from Us. Any refunds for goods or services purchased with Your Card may only be returned as a credit to the Card. You are not entitled to receive refunds in cash.

7.8. We accept no responsibility for the goods or services purchased by You with Your Card. All such disputes must be addressed directly with the Merchant providing the relevant goods or services. Once You have authorised Your Card to make a purchase, We cannot stop that Transaction. However, where You have used Your Card to buy goods or services You may have a claim against the Merchant if the goods or services are unsatisfactory, not supplied, supplied only in part or do not match the supplier’s description. You must notify Us of any dispute within 60 days of the purchase and the chargeback will only be applied to Your Card Account if successfully secured from the Merchant. If You wrongly make a chargeback claim, We will be entitled to charge You any fees We reasonably incur in pursuing the chargeback claim and We will be entitled to debit Your Card Account with the amount of any such fees.

7.9. Authorising Transactions:

a. A Card Transaction will be regarded as authorised by You where You authorise the Transaction by following the instructions provided by the Merchant to authorise the Transaction, which includes:

i. entering Your PIN or providing any other security code;

ii. signing a sales voucher;

iii. providing the Card details and/ or providing any other details as requested;

iv. waving or swiping the Card over a card reader;

v. inserting a Card and entering Your PIN to request a cash withdrawal at an ATM;

vi. making a request for a cash advance at any bank counter

vii. any other security procedures that we require.

b. You must give consent to the execution of a Transaction for it to be authorised. Authorisation for a Transaction may not be withdrawn (or revoked) by You after the time We have received it. However, authorisation for any Transaction which is agreed to take place on a date later than the date it was authorised may be withdrawn if You give notice to the Merchant (providing a copy of the notice to Us) as long as notice was provided no later than the close of business on the business day before the Transaction was due to take place. We may charge You a fee if a Transaction is revoked by You under this Section (see the Fees Table for details).

7.10. If We are late in executing a payment that You instruct Us to make You may ask Us to contact the recipient's bank and ask them to credit it as if it had been received on the correct day.

7.11. We reserve the right to apply a monthly maintenance charge. If we do, the amount will be set out in the Fees Table. You are responsible for all Transactions and fees charged to Your Card Account.

7.12. Third Party Providers

a. You can instruct a Third Party Provider to access information on your Card Account or make payments from your Card Account as long as it is open and transparent about its identity and acts in accordance with the relevant regulatory requirements (but unless we say otherwise, you must not give your security details to a third party). We will treat any instruction from a Third Party Provider as if it were from you.

b. We may refuse to allow a Third Party Provider to access your Card Account if we are concerned about unauthorised or fraudulent access by that Third Party Provider. Before we do this we will tell you and explain our reasons for doing so, unless it is not reasonably practicable, in which case we will tell you immediately afterwards. In either case, we will tell you in the way in which we consider most appropriate in the circumstances. We won’t tell you our reasons where doing so will undermine our reasonable security measures or otherwise be unlawful. We may make available to a Third Party Provider a specific means of accessing your Card Account. If we do, and it tries to access your Card Account by a different way, we may refuse to allow that access.

c. If you think a payment may have been made incorrectly or is unauthorised, you must tell us as soon as possible even where you use a Third Party Provider.

8. Transactions made in foreign currencies

If You use Your Card to purchase goods or services or withdraw cash in a currency other than the currency of Your Card Account, then such Transaction will be converted to the currency of Your Card on the day We receive details of it. We will use Mastercard ® authorised rates applicable for such a Transaction see www.Mastercard.com/global/currencyconversion. A foreign exchange fee will also apply (see the Fees Table for details).

9. Card expiry and damaged and new cards

9.1. Cards are valid for a period of [36] months from the date of issue. The expiry date of Your Card is displayed on the image of the Card in the Payfriendz App. You will not be able to use Your Card once it has expired, nor will you be able to use the funds in Your Card Account. We reserve the right to decline to issue a replacement Card.

9.2. If You do not request, nor have we provided you with a new Card following expiry of Your Card, any funds remaining in Your Card Account will remain for a period of six years from the Card expiry date. Your Card Account may be subject to a monthly maintenance charge (see the Fees Table for details). You may contact Customer Services to request Your funds be returned to You at any time within the six year period. The funds cannot be provided to you in the form of cash (notes and coins). Any funds remaining in Your Card Account after six years will not be refunded.

9.3. Your Card is valid for the period stated on the Card displayed in the Payfriendz App, unless its use is terminated earlier by Us or You in accordance with these Terms and Conditions.

9.4. If You ask, We may replace a damaged Card, in this circumstance a fee may apply (see the Fees Table for details). You will be asked to provide Us with Your Card number and other information so that We can identify You.

10. Refunds

10.1. If You receive a refund of sums paid for goods and services on Your Card, the refund amount will be added to the balance in Your Card Account.

11. Keeping your Card Account and Card safe

11.1. You must keep Your Card safe. Your Card is personal to You and You must not give it to anyone else to use. You must take all reasonable precautions to prevent fraudulent use of Your Card and to keep your Card Account ID Information confidential and secure. This includes ensuring the ongoing security of your Card Account ID Information and your personal computer device for accessing the Internet.

11.2. You will be required to create an Emojicode for Your Account and Card and You must keep Your Emojicode safe. This means that when You create Your Emojicode You must memorise it. You must keep Your Emojicode secret at all times. You must not disclose Your Emojicode to anyone including friends, family or Merchant staff.

11.3. If You suspect that someone else knows Your Emojicode, change it as soon as possible by following the instructions within the Payfriendz App.

11.4 PIN or suspect that Your Emojicode is known to an unauthorised person, or if You think a Transaction is unauthorised or has been incorrectly executed You must tell Us without delay by contacting Customer Services. If You know or suspect Your phone is lost or stolen You must contact Customer Services without undue delay on becoming aware of any loss, theft, misappropriation or unauthorised use of your Card or Card Account ID Information. Any undue delay in notifying Us may not only affect the security of Your Card Account but may result in You being liable for any losses as a result where Your failure to notify Us is intentional or grossly negligent. If You suspect that Your Card was used or Your Card Account was accessed by someone else, You should also contact the police and report the incident. You can change Your PIN it at most ATM's by selecting the "PIN Services" option or when You log on to Your Card Account. If You forget Your PIN You can access it when You log on to Your Card Account.

11.5 Without prejudice to our rights under section 15.7, we may suspend your Card and / or your Card Account or otherwise restrict its functionality on reasonable grounds relating to the security of the Card or the Card Account or any of their security features or if we reasonably suspect that an unauthorised or fraudulent use of your Card or Card Account has occurred or that any of its security features have been compromised. We will notify you of any suspension or restriction and of the reasons for such suspension or restriction in advance or, where we are unable to do so, immediately after the suspension or restriction has been imposed, unless notifying you would be unlawful or compromise our reasonable security interests. We will lift the suspension and/or the restriction as soon as practicable after the reasons for the suspension and/or restriction have ceased to exist.

11.6 If we think your Card or Card Account is at risk of fraud or a security threat, we will use the fastest and most secure way of contacting you using the details you have provided to tell you what you need to do to help deal with that risk.

12. Liability

In the case of an unauthorised payment or a payment that was incorrectly executed due to an error by us, we shall, as soon as practicable, refund the payment amount including all fees deducted therefrom. This shall not apply:

a. where the unauthorised payment arises from your failure to keep the personalised security features of your Card or Card Account safe in accordance with section 12 of these Terms and Conditions, in which case you shall remain liable for the first £35 GBP (or equivalent in the currency of your Card Account) unless section 12.1 (c) applies;

b. if you fail to notify us without undue delay of any loss of your PIN or Card Account ID Information or other event that could reasonably be expected to have compromised the security of your Card or Card Account after you have gained knowledge of such event in which case you shall remain liable for losses incurred until you notify us;

c. if the transaction was unauthorised but you have acted fraudulently or compromised the security of your Card or Card Account with intent or gross negligence, in which case you shall be solely liable for all losses; or

d. if you fail to dispute and bring the unauthorised or incorrectly executed transaction to our attention within 13 months from the date of the transaction.

12.2. In all other circumstances our liability will be limited to repayment of the amount of the funds in Your Card Account.

12.3. Unless you have acted fraudulently, section 12.1(a) shall not apply to transactions made after you have notified us in accordance with section 11.3 where we have failed to provide you with appropriate means for notification or we are required to use strong customer authentication but fail to do so, in which case we shall remain liable and refund any unauthorised transaction to you as soon as practicable.

12.4. Without prejudice to the foregoing, you are asked to check the transactions history of your Card Account regularly and frequently and to contact Customer Service immediately in case you have any questions or concerns.

12.5. In the case of any incorrect or misdirected payment, we shall take reasonable measures to assist you with tracing and recovering such payments.

12.6. Subject to the foregoing, we shall not be liable for any disruption or impairment of our service or for disruptions or impairments of intermediary services on which we rely for the performance of our obligations hereunder, provided that such disruption or impairment is due to abnormal and unforeseeable circumstances beyond our reasonable control or the control of the intermediary affected.

12.7. We shall not be liable for any indirect or consequential losses including but not limited to loss of profit, loss of business and loss of reputation. We shall not be liable for any losses arising from our compliance with legal and regulatory requirements.

12.8. Nothing in these Terms of Use shall operate to exclude liability for death or personal injury due to negligence or for fraud or fraudulent misrepresentation or for any statutory liability that cannot be excluded or amended by agreement between the parties.

12.9. Our obligation under these Terms and Conditions is limited to providing you with a Card, a Card Account and related payment services and we do not make any statement in relation to or endorsement of the quality, safety or legality of any goods or services provided by any merchant or intermediary.

12.10. We shall not be liable for the assessment or payment of any taxes, duties or other charges that arise from your use of your Card or Card Account or services provided in these Terms and Conditions.

12.11. Re-imbursement. You agree to defend, reimburse or compensate us and hold us and our other companies in our corporate group harmless from any claim, demand, expenses or costs (including legal fees, fines or penalties) that we incur or suffer due to or arising out of your or your agents' breach of these Terms and Conditions, breach of any applicable law or regulation and/or use of the services. This provision shall survive termination of the relationship between you and us.

13. Lost or stolen cards and unauthorised Transactions

13.1. You should treat the value on Your Card like cash in a wallet. If Your Card is lost or stolen or there is unauthorised use of Your Card, You may lose some or all of the value on Your Card Account in the same way as if You lost cash.

13.2. If You believe that any Transaction posted to Your Card is unauthorised, has been posted in error or is otherwise incorrect, You must also let Us know without undue delay by contacting Customer Services. We may require You to provide details of Your complaint in writing.

13.3. You may be required to help Us, Our agents or any enforcement agency, at Our request, if Your phone is lost or stolen or if We suspect Your Card is being misused.

13.4. If Your phone and hence Your Card are reported lost or stolen We will cancel the Card and may issue a new one. A fee may apply (see the Fees Table for details).

13.5. If You find Your Card after You have reported it lost, stolen or misused, You must destroy it and inform Us immediately.

13.6. No refund will be made until any investigation that We need carry out is complete. We reserve the right not to refund sums to You if We believe that You have not acted in accordance with these Terms and Conditions.

14. Statements

14.1. You can view Your Card Account balance and Transactions in the Payfriendz App, together with the date of receipt or transmission (the credit or debit value date), the fees charged and, where applicable, any exchange rate used .on the Website at any time. Each transaction is given a unique transaction ID and shown in the transaction history. We will not alter or amend information displayed in your online transaction history. You should quote this transaction ID when communicating with us about a particular transaction. You should check your Card Account balance and transaction history regularly. You should report any irregularities or clarify any questions you have as soon as possible by contacting Customer Service. You are responsible for keeping Your log on details secret. If You believe someone else is using Your log on details or may know them You must contact Customer Services immediately.

14.2 We will send you an e-mail notification every month reminding you to log into your Card Account and download and/or print a copy of your transaction history.

15. Cancellation, termination and suspension

15.1. You may cancel Your Card and Card Account up to 14 days after You receive Your Card (‘the Cancellation Period’), without reason, by contacting Customer Services. We will not charge You a cancellation fee. We will require You to confirm Your wish to cancel in writing. This will not entitle You to a refund of any Transactions You have made (authorised or pending) or charges incurred in respect of such Transactions. The purchase price of the Card (Card Fee) will not be refundable.

15.2. Depending on the method by which You choose to have Your remaining Card Account balance refunded, a fee may be charged which will be deducted from the balance of Your Account (see the Fees Table for details).

15.3. You may cancel Your Card at any time and without an additional charge i. during the Cancellation Period (see Section 16.1 above) or ii. if You disagree with a change we intend to make to these Terms and Conditions. You may also cancel Your Card at any time for any reason, however a cancellation fee may apply (see the Fees Table for details).

15.4. To cancel Your Card You must notify Customer Services. You will be responsible for any Transaction You have made or charges incurred before You cancelled Your Card. Once We have been notified by You, We will block the Card straight away so it cannot be used.

15.5. When Your Card is cancelled You must destroy it by cutting it in half through the chip and magnetic strip.

15.6. We can terminate Your Card at any time if We give You two months’ notice and refund any remaining funds to Your nominated bank account.

15.7. We can suspend or terminate these Terms and Conditions with You and suspend, restrict or terminate Your use of Your Card (including any replacement) immediately if:

a. You are in breach of these Terms and Conditions;

b. You violate or We have reason to believe that You are in violation of any law or regulation that is applicable to Your use of Your Card or Card Account;

c. We have reason to believe that You are in any way involved in any fraudulent activity, money laundering, terrorism financing or other criminal activity;

d. We can no longer process Your Transactions for any legal or security reason or due to the actions of any third party;

e. You refuse to co-operate in an investigation or to provide adequate identity or security information or documentary evidence for verification when requested;

f. We have reason to believe that Your Card, Card Account or conduct poses a security, credit, fraud, business or reputational risk to Us;

g. We need to do so in order to comply with applicable law or regulation or Mastercard rules;

h. We are required to do so by any applicable regulatory body; or

i. You fail to pay any fees or charges that You have incurred or fail to repay any overspend incurred on Your Card Account.

15.8. These Terms and Conditions will terminate in the event of Your death.

15.9. If there is a positive balance in Your Card Account at the time Your Card Account is closed for any reason, these remaining funds will be returned to You by the method You instruct (less the applicable fees) provided the funds are not subject to any restriction.

15.10. Any funds which remain unclaimed for a period of six years following closure of Your Card Account shall expire and be forfeited.

15.11. We can suspend Your Card at any time with immediate effect if:

a. We discover that any information You have provided is incorrect or incomplete; or

b. if a Transaction has been declined because of lack of available value in Your Card Account.

15.12. If any Transaction, fee or charge is found to have been incurred using Your Card following cancellation or termination, You agree to pay all such sums to Us immediately on demand.

16. Personal data

16.1. You explicitly consent to Us accessing, processing, and retaining any information You provide to Us, for the purposes of providing payment services to You. This does not affect our respective rights and obligations under data protection legislation. You may withdraw this consent by closing Your Card Account. If You withdraw consent in this way, We will cease using Your data for this purpose, but may continue to process Your data for other purposes where We have other lawful grounds to do so, such as where We are legally required to keep records of Transactions.

16.2 The processing of Your personal data is governed by Our privacy policy which can be found at https://www.paysafe.com/privacy-policy/. By accepting these Terms and Conditions, You also agree to the terms of Our privacy policy.

17. Your details

17.1. You must let Us know as soon as possible if You change Your name, address, telephone number or email address. If We contact You in relation to Your Card, for example, to notify You that We will be changing the Terms and Conditions or have cancelled Your Card and wish to send You a refund, We will use the most recent contact details You have provided to Us. Any email to You will be treated as being received as soon as it is sent by Us.

17.2. We will not be liable to You if Your contact details have changed and You have not told Us.

18. Complaints procedure

18.1. If You are not satisfied with the service You are receiving You should provide written details of Your concerns to Customer Services. All queries will be handled in accordance with Our complaints procedure. Customer Services will provide a copy of the complaint procedure upon request.

18.2. If We are unable to resolve Your complaint, You may contact the Financial Ombudsman Service.

18.3. You may contact the Financial Ombudsman Service at Exchange Tower, London E14 9SR, United Kingdom. For additional contact details you may visit the Financial Ombudsman Service’s website at www.financial-ombudsman.org.uk.

19. Customer services

19.1. The Customer Service department is open from 9 a.m. to 6 p.m. (UK time), Monday to Friday (inclusive) (excluding public holidays in the United Kingdom).]). A Lost and Stolen reporting service is available 24 hours a day, 7 days a week via the Chat function (in the Payfriendz App. We may record any conversation You have with Customer Services for training and/or monitoring purposes. Customer Services will be provided by [programme manager] acting on behalf of Paysafe Financial Services Limited.

20. General

20.1. In these Terms and Conditions, headings are for convenience only and shall not affect the interpretation of these Terms and Conditions. Any delay or failure by Us to exercise any right or remedy under these Terms and Conditions shall not be interpreted as a waiver of that right or remedy or stop Us from exercising Our rights at any subsequent time.

20.2. You may not transfer, novate, assign, subcontract or delegate Your rights or obligations under these Terms and Conditions. You agree that We may transfer or assign Our rights or novate Our obligations under these Terms and Conditions at any time without prior written notice to You and without Your further consent. If You do not want to transfer to the new Card Issuer You may contact Us and We will terminate Your Card and Card Account. Any balance remaining in Your Card Account will be returned to You in accordance with Our redemption procedure.

20.3. We may subcontract any of Our obligations under these Terms and Conditions.

20.4. These Terms and Conditions are subject to amendment, modification or deletion if required by, or found to be in conflict with, applicable law or regulation, without affecting the validity or enforceability of the remaining terms and conditions. In the event that any part of these Terms and Conditions are held not to be enforceable, this shall not affect the remainder of these Terms and Conditions which shall remain in full force and effect.

20.5. You will remain responsible for complying with these Terms and Conditions until Your Card and Your Card Account are closed (for whatever reason) and all sums due under these Terms and Conditions have been paid in full.

20.6. These Terms and Conditions are written and available only in English and all correspondence with You in respect of Your Card and Card Account shall be in English. In the event that these Terms and Conditions are translated, the version in English shall take priority.

20.7. These Terms and Conditions are governed by the laws of England and Wales. You agree to the non-exclusive jurisdiction of the courts of England and Wales.