Payment Service Agreement

Upon rendering payment service by WallyPay

Contractual parties:

WallyPay LLC (hereinafter “provider”), the company incorporated and operating under the applicable law of Georgia, identification number 405272510, on the one hand and

The natural person, who expressed his will to receive payment service of the provider and entered into the Payment Service Contract with the provider respectively (hereinafter “customer”) on the other hand;

Both of them collectively referred to as ”parties”, conclude present agreement upon rendering payment service by WallyPay LLC (hereinafter “agreement”) and agree on the contractual conditions, as follows:

1.1. Under this agreement and the contract ( hereinafter “agreement`), concluded between the parties, the provider undertakes to open the customer the E-wallet account and provide the service, related to said account (hereinafter “service”).

3.1 Customer is entitled to deposit the amount to WallyPay E-wallet via various available methods, payment terminals, bank transfer, partner company branch, plastic cards, attached to the E-wallet and other means, the provider provides the customer. The provider may cancel or add the methods of depositing to E-wallet account.

Provider may cancel or add the methods of depositing the amount to E-wallet any time. Information upon filling the E-wallet balance shall be available on provider`s web site. The information will be updated, in the event of any modifications.

3.2 Balance filling via payment terminals

To fill the balance via payment terminals, the customer opts WALLYPAY balance filling on the terminal screen, refers his personal or wallet number. Performing one transaction via payment terminal, the customer may deposit GEL 1500 a most at one turn. Deposited amount will be appeared on the customer`s wallet account in a couple of minutes.

3.3 Balance filling via bank transfer

The customer can fill the balance applying commercial bank branches or internet banking. In order to fill the balance, the customer shall refer/submit the account number of WallyPay, type in WallyPay LLC in the purpose field and the name, surname and the personal number of a holder, whose balance is to be filled. Along with the information referred, the providing wallet number is preferable (if applicable).

In case of deposit by the client from the bank account, the amount deposited on working days (Monday-Friday) before 16:00 is reflected in the same day before the end of working hours, and the amount deposited after 16:00 is reflected on the next working day.

3.4 Balance filling from the partner company branch.

Customer may fill the E-wallet balance from the partner companies cashier office. To this end, the client should visit the branch of the partner company, submit the valid ID card or passport/certificate; if the money is deposited in favor to the third person, recipients` personal number or wallet number shall be provided by all means. The money is deposited in cash, which will promptly be appeared on the customer`s wallet account.

3.5 Filling the wallet balance via bank plastic card, linked to the E-wallet.

The customer may fill the wallet balance via bank card, linked to the wallypay account. In this regard, the customer should log in the application and transfer the amount from payment section to the wallet account. The amount is appeared promptly.

5.1. The information about any commissions, specified for receiving the service or it related in provider`s system, is available on provider`s web site.

7.1. Customer is hereby obliged:

7.1.1. To apply customer`s plastic card pursuant to the stipulations of this contract;

7.1.2. To observe the customer plastic card safety rules and ensure protecting personified means of instrument;

7.1.3. If the customer loses the plastic card, steals or illegally procures, he should notify the provider`s hot line (provided on provider`s web site) as soon as possible about it.

7.2. Provider is hereby obliged:

7.2.1. To take any appropriate measures to ensure observance of customer`s plastic card and avoid its unauthorized use

7.2.2. Not to make customer`s plastic card personified security data and facility available to the third person, other than himself;

7.2.3. To provide the customer with the customer`s plastic card safety data requirements;

7.2.4. To ensure receiving notices prescribed by the article 7.1.3 any time directly from the customer or his authorized person. If requested, the provider is committed to provide the notice acknowledgement, if no more than 18 months are elapsed from receiving the notice.

7.2.5. Having received the notice, stipulated in the article 7.1.3 , to promptly ensure obstructing the further application of the customer`s plastic card.

7.3. Provider undertakes any risks related to dispatching the customer`s plastic card and/or its personified security means and specifications.

7.4. Provider assumes no responsibility for the outcome, arisen as a result of the customer`s waiver of the suggested security measures. In this case, the responsibility for the outcome, arisen as a result of security measure waiver is imposed to the customer.

7.5. The parties are hereby obliged to reimburse the loss inflicted in the aftermath of the purposeful or negligent default of the commitments, assumed by this article pursuant to the applicable law of Georgia.

9.1. The provider is entitled to introduce modification to this agreement any time. The provider assumes obligations to make the modifications available to the customer a month prior to their operation in a form as follows: updated agreement will be uploaded to the provider`s web site as a further version, whereas the customer shall be notified upon the modification of the contract and availability of its new version on provider`s web site.

9.2. The obligation, stipulated in the article 9.1. to this agreement doesn`t apply the cases, when the provisions on a new payment service is added, which doesn`t supersede and/or substitute the payment services, prescribed by this agreement.

9.3. Prior to enacting the modifications to the contract, the customer is hereby authorized to terminate the agreement after acknowledgment of the notice from the provider without reimbursing any commission, expense and forfeit. For its turn, in the event of customer`s wavier upon modification, the provider is authorized to terminate the agreement as soon as the modification is enacted. The parties shall inform one another in writing upon termination, as per this article.

9.4. Any modifications suggested by the provider shall be considered acknowledged, unless the customer waivers in writing the conditions, offered by the provider, prior to effectiveness of the changes. Customer`s silence upon the changes, suggested by the provider shall be considered as approval of the customer.

11.1. Present agreement is governed and interpreted in accordance with the applicable law of Georgia.

11.2. If any dispute or disagreement arises related or in the aftermath of this agreement, the parties will attempt to resolve the dispute through negotiation, whereas, otherwise, the party is entitled to apply to Tbilisi city court.