wirecard deposit account and debit card customer agreement · wirecard deposit account and debit...

34
Wirecard Deposit Account and Debit Card Customer Agreement These terms and conditions apply to your use of the Wirecard Account and the Wirecard Card within the Denizen Service. Please note that the Wirecard Card will only be provided to you, if you are a resident of the European Union as specified in section 1.1. Please read these terms and conditions carefully and keep a copy for your records. You can ask us through Denizen Customer Support at any time for a copy or you can obtain a copy through the Denizen Customer Support. Please see at the end of this document also our Privacy Notice which you should also read carefully. In this Agreement the following definitions are used: "Agreement " means these terms and conditions and includes the Usage Restrictions as set out in the Annex. The Privacy Notice also applies to the relationship between us, but does not form part of the Agreement; “Authentication”: a procedure which allows Wirecard to verify your identity or the validity of the use of the Wirecard Card, including the use of the Cardholder’s personalised security credentials. “Authentication elements” means knowledge element (something only the user knows, e.g. password), possession element (something only the user possesses, e.g. mobile device) or inherence element (something the user is, e.g. fingerprint); "Balance " means the money available in your Wirecard Account; "Business Day" means any day (other than a Saturday or Sunday), until 7 p.m.,on which banks in Madrid, Spain are open for normal banking business;

Upload: others

Post on 16-Mar-2020

7 views

Category:

Documents


1 download

TRANSCRIPT

Page 1: Wirecard Deposit Account and Debit Card Customer Agreement · Wirecard Deposit Account and Debit Card Customer Agreement These terms and conditions apply to your use of the Wirecard

WirecardDepositAccountandDebitCardCustomerAgreementThesetermsandconditionsapplytoyouruseoftheWirecardAccountandtheWirecardCardwithintheDenizenService.PleasenotethattheWirecardCardwillonlybeprovidedtoyou,ifyouarearesidentoftheEuropeanUnionasspecifiedinsection1.1.Pleasereadthesetermsandconditionscarefullyandkeepacopyforyourrecords.YoucanaskusthroughDenizenCustomerSupportatanytimeforacopyoryoucanobtainacopythroughtheDenizenCustomerSupport.

PleaseseeattheendofthisdocumentalsoourPrivacyNoticewhichyoushouldalsoreadcarefully.

InthisAgreementthefollowingdefinitionsareused:"Agreement"meansthesetermsandconditionsandincludestheUsageRestrictionsassetoutintheAnnex.ThePrivacyNoticealsoappliestotherelationshipbetweenus,butdoesnotformpartoftheAgreement;

“Authentication”:aprocedurewhichallowsWirecardtoverifyyouridentityorthevalidityoftheuseoftheWirecardCard,includingtheuseoftheCardholder’spersonalisedsecuritycredentials.

“Authenticationelements”meansknowledgeelement(somethingonlytheuserknows,e.g.password),possessionelement(somethingonlytheuserpossesses,e.g.mobiledevice)orinherenceelement(somethingtheuseris,e.g.fingerprint);

"Balance"meansthemoneyavailableinyourWirecardAccount;

"BusinessDay"meansanyday(otherthanaSaturdayorSunday),until7p.m.,onwhichbanksinMadrid,Spainareopenfornormalbankingbusiness;

Page 2: Wirecard Deposit Account and Debit Card Customer Agreement · Wirecard Deposit Account and Debit Card Customer Agreement These terms and conditions apply to your use of the Wirecard

"ContactMethods"meansthemethodsbywhichyoumaycontactusthroughDenizenCustomerSupport:

ServiceEmail:[email protected]:+1(855)220-0472intheUSA,+34911237224inSpain

Thisisthephonenumberyoucallforallqueries,actionsandcomplaintsregardingyourWirecardAccountorWirecardCard.ItisavailableonanyBusinessDayfrom9:00to15:00(Germantime).CallsintheUSAwillbefreeofanyadditionalchargesbutyourtelephonecompany’snetworkaccessmaychargeyou.

IfyouareworriedaboutthesecurityofyourWirecardAccountorWirecardCard,youwillneedtofollowtheinstructionsinsection10;

"Denizen"means,forthepurposeofthisAgreement,DenizenGlobalFinancial,S.A.U.,acompanyregisteredinSpain,withcompanynumberA83439893andregisteredaddressatPlazaSantaBárbara1,28004,Madrid,Spain;

"DenizenApp"meansthemobilephoneapplicationofferedbyDenizenandDenizenFinancialInc.,acompanyregisteredinDelaware,withTaxID82-0634718,givingaccesstotheDenizenService;

"DenizenService"meanstheserviceprovidedtoyoubyDenizenandDenizenFinancialInc.,includingtheDenizenAppassetoutinthe"UserAgreementfortheDenizenService",acopyofwhichcanbefoundthroughyourDenizenApp;

“DenizenUnderlyingAccount”meansthebankaccountsthatyoumayopenthroughtheDenizenServiceindifferentjurisdictionsanddifferentcurrencies,otherthanyourWirecardAccount,providedthatyouareeligibletoopenthem,andwhicharelinkedtoyourDenizenApp.

“EEA”meanstheEuropeanEconomicAreawhichatthetimethisAgreementisconcludedconsistsofallmemberstatesoftheEuropeanUnion,Iceland,Liechtenstein,andNorway.

“Merchant”meansanybusinessorpersonacceptingMastercardasapaymentmethod;

"P2PTransaction"meansatransactioninvolvingthetransferof

Page 3: Wirecard Deposit Account and Debit Card Customer Agreement · Wirecard Deposit Account and Debit Card Customer Agreement These terms and conditions apply to your use of the Wirecard

fundsbetweenyourWirecardAccountandtheWirecardAccountofanotheruser,whereyouareeitherinitiatingtheP2PTransactionandpayingfundsoutofyourWirecardAccount,oryouarethebeneficiaryoftheP2PTransactionandreceivingfundsintoyourWirecardAccount;

"PrivacyNotice"meansWirecard’sprivacynoticewhich,togetherwiththisAgreement,describesthebasisuponwhichanypersonaldatawecollectfromyou,orthatyouprovidetous,willbeprocessed,handledandsharedbyus,asmaybeamendedfromtimetotimeinaccordancewithitstermsandasfurtherexplainedanddefinedinsection17ofthisAgreement;

"RedemptionRequest"meansarequestfromyoutoredeemyourBalanceinaccordancewithsection13ofthisAgreement;

"Transaction"meansanytransactionwhichcanbeexecutedfromyourWirecardAccountorbyusingyourWirecardCard;

"UsageRestrictions"meanstheusagerestrictionsapplicabletoyourWirecardAccountandWirecardCardfromtimetotimewhichformpartofthisAgreement.TheUsageRestrictionsapplyingatanytimecanbefoundthroughyourDenizenApp;

"User","you"or"your"meansthepersonwhoisidentifiedashavingappliedforandopenedtheWirecardAccountuponregistrationwiththeDenizenServicethroughprovisionofyourfullname,dateandplaceofbirth,residentialaddress,nationality,e-mailaddressandtaxidentificationandpassportnumber;

"Wirecard","we","us"or"our"meansWirecardBankAG,acompanyregisteredinGermanywithcompanynumberHRB161178withAmtsgerichtMünchenandauthorizedbytheFederalFinancialSupervisoryAuthority(BaFin).Wirecard'sregisteredofficeisatEinsteinring35,85609Aschheim,GermanyandregisteredwiththeBankofSpain(BancodeEspaña)asacreditentitywhichprovidesservicesinSpainwithoutpermanentestablishmentundersection39ofDirective2013/36/EUoftheEuropeanParliamentandoftheCouncilof26June2013onaccesstotheactivityofcreditinstitutionsandtheprudentialsupervisionofcreditinstitutionsandinvestmentfirms,amendingDirective2002/87/ECandrepealingDirectives2006/48/ECand2006/49/EC;

"WirecardAccount"meansanaccountdenominatedinEuro,openedthroughtheDenizenServiceandcreatedbyWirecardin

Page 4: Wirecard Deposit Account and Debit Card Customer Agreement · Wirecard Deposit Account and Debit Card Customer Agreement These terms and conditions apply to your use of the Wirecard

yournamewhichaccountislinkedtoyourDenizenApp,andtowhichaccountyourWirecardCard,ifprovided,islinked;and

“WirecardCard”meansthedebitMastercardwhichisissuedtoyoubyWirecardandwhich,ifprovided,islinkedtoyourWirecardAccount,aspartoftheDenizenService.

ApplyingforyourWirecardAccountandWirecardCardToapplyforyourWirecardAccountandyourWirecardCard,youmustbeatleast18yearsoldandhavesuccessfullyappliedfortheDenizenService,includinghavingdownloadedtheDenizenApp.Additionally,toapplyforyourWirecardCardyoumustbearesidentoftheEuropeanUnion.Duringtheapplicationprocess,youwillbeaskedto:

agreethatDenizenand/orDenizenFinancialInc.mayprovideuswithyourpersonaldetails(includingyourfullname,dateandplaceofbirth,residentialaddress,nationality,e-mailaddressandtaxidentificationandpassportnumber)sothatwemayverifyyouridentity;and

readandacceptthesetermsandconditions.

Ifyoudonotcompleteeitherofthestepssetoutin(a)to(b)above,youcannotcompletetheWirecardAccountandWirecardCardapplicationprocess.

WereservetherighttorefuseyourapplicationfortheWirecardAccountand/ortheWirecardCard.Reasonsforrefusingyourapplicationmightbeinteralia–withoutlimitingourrightsforrefusal–regulatory,AntiRiskorAntiMoneyLaunderinglimitations.Wedonotassumetheobligationtoinformyouabouttheparticularreasonsforrefusingifwerefuseyourapplication.

WhenenteringintothisAgreement,youconsentthat

Page 5: Wirecard Deposit Account and Debit Card Customer Agreement · Wirecard Deposit Account and Debit Card Customer Agreement These terms and conditions apply to your use of the Wirecard

Wirecard,actingdirectlyorthroughDenizenorDenizenFinancialInc.,maycollectallyourpersonaldetails,documentsandevidenceasrequiredtofullyidentifyyouaswellastorunalltheapplicableAntiMoneyLaunderingchecksinaccordancewiththeDirective(EU)2015/849oftheEuropeanParliamentandoftheCouncilof20May2015onthepreventionoftheuseofthefinancialsystemforthepurposesofmoneylaunderingorterroristfinancing,andanyotherapplicableinternationalandlocalregulationsinforcefromtimetotimeduringthetermofthisAgreement.

YouwillbeinformedthroughtheDenizenAppwhenyourWirecardAccounthasbeensuccessfullyopenedandisreadytouse.ThisalsoappliesincaseofasuccessfulapplicationfortheWirecardCard.

If,withinfourteen(14)calendardaysafterthenotificationprovidedintheprevioussubsection1.4,youwouldliketocanceltheDenizenService(whichimpliescancellationofyourWirecardCardandyourWirecardaccount),youmustnotifyusthroughtheContactMethodswithnoneedtoexplainthereasonswhyyouwishtocanceltheDenizenService.Shouldyouexercisethisrightofwithdrawalwewillnotchargeyouforthecancellation.IfyourWirecardAccountisincredit,wewillreturnyouthemoneybymeansofwire-transferlessthetransferapplicablefees,assoonaswearepermittedtodoso(andnormallywithinfive(5)BusinessDaysafteryouhavecontactedusinrelationtoyourterminationofthisAgreement).

However,therightofwithdrawalprovidedheretoshallnotapplywhereanycurrencyconversionorexecutionofapaymentorderhastakenplaceuponyourinstructionsunderthisAgreement.

Page 6: Wirecard Deposit Account and Debit Card Customer Agreement · Wirecard Deposit Account and Debit Card Customer Agreement These terms and conditions apply to your use of the Wirecard

ConsentsgrantedtoWirecardintherenderingoftheDenizenServiceByacceptingthisAgreement,andsubjecttothetermsstatedhereinandintheUserAgreementfortheDenizenService:

1. YougrantusconsentandauthorizationtoprovidetoDenizenandDenizenFinancial,Inc.,eveninrealtime,informationrelatedtoyourWirecardAccount,includinganyupdatedBalancefromtimetotime,aswellasinformationonanychange,update,payment,top-up,transfer,refundoranyothertransactionrelatedtoyourWirecardAccount,totheextentnecessarytotheadequateperformanceoftheDenizenService.Thecommunicationofthereferredinformationshallbemadebyusinasecuremanner,incompliancewiththeminimumstandardsenvisagedundertheapplicablelaw.

2. IncaseyouorderDenizenorDenizenFinancialInc.toinitiateapaymentfromtheWirecardAccounttoanyotheraccount,yougrantusconsentandauthorizationtoacceptthepaymentinitiationservicecarriedoutbyDenizenonyourbehalfinordertorealizetherequestedpaymentandtocarryoutthepaymentinitiatedthroughthisprocess,totheextentnecessarytotheadequateperformanceoftheDenizenServicepayment.ForthispurposesweshallcommunicatesecurelywithDenizenandDenizenFinancialInc.,incompliancewiththeminimumstandardsenvisagedundertheapplicablelaw.

3. Furthertotheabove,youadditionallygrantusconsentandauthorizationtoprovidetoDenizenandDenizenFinancialInc.yourinformationorpersonaldata(forexample,inordertoidentifyanytransactionrelatedtoyourWirecardAccount),totheextentnecessarytotheadequateperformanceoftheDenizenService,asdescribedinthisAgreement.

WirecardCardSubjecttosection1,wewillissuetoyouaMastercarddebitcardundertheWirecardlicense.YoumayusetheWirecardCardsubjecttothetermsandconditionsprovidedhereunder.

Page 7: Wirecard Deposit Account and Debit Card Customer Agreement · Wirecard Deposit Account and Debit Card Customer Agreement These terms and conditions apply to your use of the Wirecard

WirecardAccountWewillopenabankaccountinyournameatWirecarddenominatedinEuroandprovideyouwiththerelevantGermanIBANandthecorrespondentBIC.

ThepurposeoftheWirecardAccountistooperatetheDenizenService.ThereforeyouwillnotearnanyinterestonyourBalance.YoumaycreditanddebittheWirecardAccountasprovidedhereunder.

LoadingyourWirecardAccountSubjecttothesatisfactorycompletionofanyrequiredidentityandotherchecks,youcanloadyourWirecardAccountasdescribedinthissection.

TheBalanceonyourWirecardAccountcannotexceedanylimitsspecifiedintheUsageRestrictions.

DetailedinstructionsonhowtoloadyourWirecardAccountaresetoutintheDenizenApp.YoumayloadyourWirecardAccountby:

makingapaymentfromabankaccountusingtheIBANdisplayedintheDenizenApp,or

makingapaymentfromadebitorcreditcardasenabledintheDenizenApp,or

makingapaymentthroughDenizenServicefromyourDenizenUnderlyingAccountintheDenizenApp.

FundsloadedinthiswaywillbecreditedtoyourWirecardAccountwithoutdelayafterthereceiptoffundsbyus.

FundsmayalsobeloadedintoyourWirecardAccountifyouarethebeneficiaryofaP2P

Page 8: Wirecard Deposit Account and Debit Card Customer Agreement · Wirecard Deposit Account and Debit Card Customer Agreement These terms and conditions apply to your use of the Wirecard

Transaction.FundspaidtoyouthroughaP2PTransactionwillbecreditedtoyourWirecardAccountimmediately.

Wereservetherighttorefusetoacceptanyparticularloadtransactionortodisableanyparticularloadingmethodwithoutnoticeintheinterestsofpreventingfraud,moneylaunderingoranyothercriminalactivity.Ifso,wewillmakeallreasonableendeavorstopromptlyinformyouinthisregard.

TransactionswithyourWirecardAccountandWirecardCardWirecardshallmeetitsobligationsarisingfromthisAgreementbyenteringthecreditsanddebits(e.g.frombanktransfers,directdebits,paymentsinandout,withdrawalsusingtheWirecardCard)intheWirecardAccountadministeredasarunningaccountandbyissuingaperiodicbalancestatementfortheWirecardAccountasoftheendofacalendarquarter.

Inadditiontotheperiodicbalancestatements,youshall,onceeverymonth,receiveforyourWirecardAccountanotification(statementofaccount)concerningthetransactions,ifany,conductedontheWirecardAccount.Issuanceofperiodicbalancestatementsandnotificationofthetransactionsconductedshallbebroughtaboutbypostingtheperiodicbalancestatementsandthestatementsofaccountinpaperformtoyourpostaladdressand,whentechnicallyavailable,throughtheDenizenApp.

InthecaseofatransferbetweenWirecardaccounts,thetransfershallbedeemedperformedoncethebeneficiary'sbankaccounthasbeencredited,the

Page 9: Wirecard Deposit Account and Debit Card Customer Agreement · Wirecard Deposit Account and Debit Card Customer Agreement These terms and conditions apply to your use of the Wirecard

remitter'sidentitydetailsandauthenticationelementsasagreedwithWirecardhavebeenprovidedandthepaymenthavebeenreceived.TheUsermayonlycommissionWirecardtoexecuteSEPAtransfers.ThroughaSEPAtransfer,monetaryamountsinEurocanbetransferredelectronicallytothepaymentserviceproviderofthepayeewithintheSEPAregioninfavorofapayee.Theexecutionofothertypesoftransfers(e.g.foreigntransfersincurrenciesotherthanEuro)iscurrentlynotpossible.Expresstransfersarecurrentlynotpossible.

InorderforyoutobedeemedtohavegivenyourconsenttotheSEPAtransfersordered,youwillneedtopresentallthenecessaryelementsforcustomer’sauthentication(enhancedornotasapplicable).Inparticular,youwillneedtoregisterintheDenizenAppusingyourpersonalisedsecuritycredentialsandintroduceyourPINcodeorfingerprintscannertomakethespecifictransfer.WhenorderingSEPAtransferstotrustedbeneficiariesincludedinalistpreviouslycreatedbyyou,itmaynotbenecessarytoenterthePINcodeorfingerprintscanner.Wheninitiatingallsubsequentpaymenttransactionsincludedintheseriesofpaymenttransactionscreatedbyyou,itmaynotbenecessarytoenterthePINcodeorfingerprintscanner.WhereyouinitiateaSEPAtransferbetweenbankaccountsheldbyyouinWirecard,itmaynotbenecessarytoenterthePINcodeorfingerprintscanner.

TheWirecardCardmaybeusedformakingcashlesspaymentsandmakingwithdrawalsatATMs.Eachtransactionmustbeauthorisedbyyou.Wirecardwilltreatthetransactionsatthepointofsaleasauthorisedbyyouif:

yourWirecardCardistappedagainstaContactless-enabledreaderandacceptedbysuchreaderorbysigningasalesvoucher;yourWirecardCardPINorothersecuritycodepersonaltoyouisused.

Page 10: Wirecard Deposit Account and Debit Card Customer Agreement · Wirecard Deposit Account and Debit Card Customer Agreement These terms and conditions apply to your use of the Wirecard

WhenusingyourWirecardCardatpointofsaleterminals,itispossibletodispensewithenteringthePINforpaymentoftrafficfeesorparkingfeesatunattendedpointofsaleterminals.

Forsmallamounts,itmaynotbenecessarytoenteraPINorsignareceipt.

Inthecaseofe-commercetransactions,Wirecardwilltreatthetransactionsasauthorisedbyyouifyouusetheseparatelyagreedauthenticationelementsonrequest.Authenticationelementsare

-knowledgeelements(somethingyouknow,e.g.onlinepassword),

-possessionelements(somethingyouown,e.g.mobileterminalequipmentforgeneratingorreceivingone-timetransactionnumbers(TANs)aspossessionelement)or

-inherenceelements(somethingyouare,e.g.fingerprint).

Inorderforyoutobedeemedtohavegivenyourconsentassetoutintheforegoingpoints,youwillneedtopresentallthenecessaryelementsforcustomer’sauthentication(enhancedornotasapplicable):

inon-sitepayments:bypresentingtheWirecardCreditCardandenteringthePINcodeorsigningareceipt,whereapplicable,orinpaymentswithoutphysicalpresence:alternatively,byenteringtheWirecardCreditCarddetailsandtheOneTimePasswordSMS;byenteringtheWirecardCreditCarddetailstogetherwithaPINnumberpreviouslyestablishedbyyou;orbyenteringtheWirecardCreditCarddetailstogetherwithafingerprintscanningdependingontheauthenticationmethodagreedwithWirecard.

WewilldeductthevalueofyourTransactionsfromtheBalanceonyourWirecardAccount.

Subjecttotheremainderofthissubsection6.6,youcanwithdraworrevokeyourauthorizationforaTransactionatanytimebyusingoneoftheContact

Page 11: Wirecard Deposit Account and Debit Card Customer Agreement · Wirecard Deposit Account and Debit Card Customer Agreement These terms and conditions apply to your use of the Wirecard

Methodsuntilwehavereceivedyourauthorization.YourauthorizationforaTransactionmaynotbewithdrawn(orrevoked)byyouonceitisreceivedbyus.Wewilltypicallyreceiveyourauthorizationfor:

P2PTransactionsandSEPAtransfersatthetimewereceivetheinstructionmadethroughtheDenizenApp.Thiswillbealmostinstantaneousanditisunlikelyyouwillbeabletowithdrawyourauthorizationforthetransactionbeforethistime.

RedemptionRequests,atthetimewereceivetherequestfromyouinaccordancewithsection13.2ofthisAgreement.

WirecardCardtransactions,whenWirecardreceivesthepaymentorderfromtheMerchant’spaymentservicesprovider.

Youraccountshallnotbedebitedbeforewereceivethepaymentorder.

IfthetimeofreceiptisnotonaBusinessDay,thepaymentordershallbedeemedtohavebeenreceivedonthefollowingBusinessDay.

Subjecttosection7ofthisAgreement,whereaSEPAtransferoraloadTransaction:

istobemadeinEurowhollywithintheEEAornationallyinthecurrencyofaMemberStateoutsidetheeuroareawewillensurethatthepaymentiscreditedtoyourWirecardAccountbytheendoftheBusinessDayfollowingthepaymentinitiation;

istobemadewhollywithintheEEAbutinanothercurrencythanEuro,wewillensurethatthepaymentiscreditedtoyourWirecardAccountbytheendofthefourthBusinessDayfollowingthepaymentinitiation.

WhenpayingwithyourWirecardCard,thepaymentorderisdeemedtobereceivedbyusonthenext

Page 12: Wirecard Deposit Account and Debit Card Customer Agreement · Wirecard Deposit Account and Debit Card Customer Agreement These terms and conditions apply to your use of the Wirecard

BusinessDay,ifthedateonwhichthepaymentismadeisnotaBusinessDay,orifwereceiveapaymentorderafter4p.m.onaBusinessDay.Afterwehavereceivedyourpaymentorder,wewillensurethatthepayee’spaymentserviceproviderreceivestheamountwithinone(1)BusinessDayforpaymentprocesseswithintheEEAinEurooranotherEEAcurrency.WewillcompletepaymentprocessesoutsidetheEEAandpaymentprocessesincurrenciesotherthantheEurooranEEAcurrencyassoonaspossibleafterreceiptofthepaymentorder.

RestrictingAccessand/orRefusingTransactionsFromYourWirecardAccountorWirecardCardWemay,atanytime,suspendorrestrictaccesstoyourWirecardAccountortoblockyourWirecardCardforreasonsrelatingtothefollowing:

weareconcernedaboutthesecurityofyourWirecardAccountorWirecardCard;or

wesuspectyourWirecardAccountorWirecardCardisbeingusedinanunauthorized,illegalorfraudulentmanner;or

weneedtodosotocomplywiththelawofanyjurisdiction;or

ifthecontractbetweenyouandus(oryourcontractfortheDenizenService)hasbeenterminatedasfurtherdescribedinsection16.

Unlessinformingyouwouldcompromisereasonablesecuritymeasuresorotherwisebeunlawful,wherepracticalwewillinformyoubyphoneoremail,givingourreasons,beforesuspendingorrestrictingaccess

Page 13: Wirecard Deposit Account and Debit Card Customer Agreement · Wirecard Deposit Account and Debit Card Customer Agreement These terms and conditions apply to your use of the Wirecard

toyourWirecardAccountorWirecardCard.Ifitisnotpracticaltoinformyouinadvanceandunlessdoingsowouldcompromisereasonablesecuritymeasuresorotherwisebeunlawful,wewillinformyouimmediatelyafterwards,givingourreasons.

WewillallowyoutorecoveraccesstoyourWirecardAccountorunblockyourWirecardCard,replacingitwithanewWirecardCardwhereapplicable,assoonasreasonablypracticalafterthereasonsforsuspendinguseceasetoexistandwillinformyoubyphoneoremailatthistime.

Theforegoingiswithoutprejudicetoyourrighttorequesttheunblockinginsuchcircumstances.Theunblockingofthepaymentinstrumentoritsreplacementbyanewoneshallbecarriedoutatnocosttoyouwhereyouarenotresponsibleforthereasonsdeterminingtheapplicationoftherestrictions.

WemayrefusetocarryoutaTransactionif:

asaresultofsuchTransactiononeormoreofthelimitssetoutintheUsageRestrictionswillbeexceeded;or

theBalanceinyourWirecardAccountorthebalanceavailablethroughtheDenizenServiceatthetimeofaTransactionisinsufficienttocovertheamountoftheTransaction;or

wereasonablybelievethatyouareactinginbreachofthisAgreement;or

wereasonablybelievethataTransactionispotentiallysuspiciousorillegal;or

weareunabletocarryouttheTransactionduetoerrors,failures(whethermechanicalorotherwise)orrefusalscausedbypaymentprocessorsorotherthirdpartieswhoare

Page 14: Wirecard Deposit Account and Debit Card Customer Agreement · Wirecard Deposit Account and Debit Card Customer Agreement These terms and conditions apply to your use of the Wirecard

processingTransactions.

IfwerefusetocarryoutaTransaction,unlessinformingyouwouldcompromisereasonablesecuritymeasuresorbeotherwiseunlawful,wewillinformyouattheearliestopportunityandinanyeventbytheendoftheBusinessDayfollowingthedaywehavereceivedtheTransactionrequest.WewillalsoinformyouwithanerrormessageintheDenizenApp.YoucancontactususinganyoftheContactMethodstoaskforourreasonsforrefusingtocarryoutaspecificTransactionandforanexplanationofhowyoucancorrectanyinformationweholdthatledtoourrefusaltoapproveaTransaction.

YoumaycorrectanyinformationweholdandwhichmayhavecausedustorefuseaTransactionbycontactingusviaanyContactMethod.

PropertyandValidityoftheWirecardCardTheWirecardCardremainsourproperty.Itisnottransferableanditisvaliduntiltheexpirationdateprintedonthecard.Wewillsendyouanewcardingoodtimebeforetheexpirationdate.

However,whenanewWirecardCardisissuednolaterthantheexpirationdateofthecard’svalidityperiod,Wirecardhastherighttorequestthattheoldcardbereturnedtoit.IfauthorizationtousetheWirecardCardendsbeforethisdate(e.g.becausethecardagreementisended),youmustimmediatelyreturnyourWirecardCardtous.

WirecardreservestherighttoreplacetheWirecardCardwithanewcardduringthevalidityperiodofthecard;youwillnotincuranycostasaresultofthis.

Page 15: Wirecard Deposit Account and Debit Card Customer Agreement · Wirecard Deposit Account and Debit Card Customer Agreement These terms and conditions apply to your use of the Wirecard

YoumaycancelyourWirecardCardbynotifyingandreturningittous.UponWirecardCard’scancellation,expirationorinvalidationforwhateverreason,forsecurityreasonsyoumustcutitintoseveralpiecesandthroughthemagneticstripeandanychip.

KeepingYourWirecardAccountandWirecardCardSecureYoushouldtreatyourWirecardAccountandWirecardCard,fromthemomentofitsreception,andanyrelevantsecurityinformationwiththesamelevelofcareanddiligenceasiftheywerecash,andyouagreenottodisclosethemtoanythirdpartyexcepttoaMerchantinthecourseofmakingaTransaction,orallowthemtobeusedbyathirdparty.Inthisregard,youshalltakeallreasonablestepstoprotectyourauthenticationelements.

Toprotecttheindividualauthenticationelementsforonlinepayments,youmustpayparticularattentiontothefollowing:

knowledgeelements,suchastheonlinepassword,shallbekeptsecret;inparticular,theymaynotbe

-communicatedorally(e.g.bytelephoneorinperson),-passedonintextform(e.g.bye-mailorMessengerservice)outsideofonlinepaymenttransactions,-storedunsecuredelectronically(e.g.bye-mailorMessengerservice)writtendownonadeviceorkeptasacopytogetherwithadevicewhichservesasapossessionelement(e.g.mobileterminal)orforcheckingtheinherenceelement(e.g.mobileterminalwithapplicationforcreditcardpaymentandfingerprintsensor).

possessionelements,suchasamobileterminaldevice,shallbeprotectedagainstmisuse,inparticular

-ensurethatunauthorisedpersonscannotaccessyourmobile

Page 16: Wirecard Deposit Account and Debit Card Customer Agreement · Wirecard Deposit Account and Debit Card Customer Agreement These terms and conditions apply to your use of the Wirecard

terminal(e.g.mobilephone),-ensurethatotherpersonscannotusetheDenizenApporanyotherapplicationwhereyouhaveintridcedyourWirecardCard(e.g.cardapp,authenticationapp)onthemobileterminal(e.g.mobilephone),

-theapplicationforonlinepaymenttransactions(e.g.cardapp,authenticationapp)onyourmobileterminalmustbedeactivatedbeforeyougiveuppossessionofthatmobileterminal(e.g.bysellingordisposingofthemobiletelephone);and

-possessionelements(e.g.TAN)maynotbepassedonorally(e.g.bytelephone)orintextform(e.g.bye-mail,messengerservice)outsidetheonlinepaymentprocesses.

Inherenceelements,suchasyourfingerprint,mayonlybeusedasanauthenticationelementonyourmobileterminalforonlinepaymenttransactionsifnootherperson'sinherenceelementsarestoredonthemobileterminal.Ifthemobileterminalusedforonlinepaymenttransactionsstorestheinherenceelementsofotherpersons,theknowledgeelementissuedbyWirecard(e.g.onlinepassword)shallbeusedforonlinepaymenttransactionsandnottheinherenceelementstoredonthemobileterminal.

Ifyouareprovidedwithdetailsofthepaymenttransaction(e.g.thenameofthecontractingcompanyandtheamountdrawnon)duringe-commercepaymenttransactions,youmustcheckthesedetailsforcorrectness.

IfyoususpectthatanybodyhaslearnedyourWirecardAccountand/orWirecardCarddetailsand/oryourrelevantsecurityinformationoranyauthenticationelement,pleasefollowtheinstructionssetoutinsection10below.NotethatifanybodyaccessesyourWirecardAccountorusesyourWirecardCardforTransactionsandyouhavefailedtonotifyusthatyourWirecardAccountdetailsand/orWirecardCarddetailshavebeencompromised,youmaylosesomeorallofyourBalanceinthesamewayasifyoulostcashinyourwalletorpurse.

Page 17: Wirecard Deposit Account and Debit Card Customer Agreement · Wirecard Deposit Account and Debit Card Customer Agreement These terms and conditions apply to your use of the Wirecard

WehavetherighttodisableanyusernameorpasswordrelevanttoyourWirecardAccountwhetherchosenbyyouorallocatedbyus,atanytime,ifinourreasonableopinionyouhavefailedtocomplywithanyoftheprovisionsofthisAgreement.

WerecommendthatyouchecktheTransactionhistoryinthestatementsprovidedthroughtheDenizenApp.WewillprovideyouthroughtheDenizenAppwithamonthlystatementoftheTransactionscarriedoutduringsuchperiodandyoumaywishtokeepascreenshotofthatstatementforyourrecords.Yourstatementwillshow:

identifyinginformationrelatingtoeachTransaction;

theamountofeachTransactionshowninthecurrencyinwhichthatTransactionwaspaidordebitedtotheWirecardAccountorWirecardCard;

theexchangerate(ifany)whichappliedtoeachTransaction;

whereapplicable,theamountofeachTransactionfollowingacurrencyconversion(ifany);and

foreachTransaction,thedateonwhichyourauthorizationwasreceivedbyusasdescribedinsection6.6ofthesetermsandconditions.

ReportingSecurityBreaches,UnauthorizedorIncorrectlyExecutedTransactions,andBlockingyourWirecardAccountorWirecardCardYoumustsigntheplasticcardinthesignaturefieldimmediatelyafterreceipt.Thecarddataandtheplasticcardmustbekeptsafeinordertopreventlossormisuse.Youmustensurethatnootherperson

Page 18: Wirecard Deposit Account and Debit Card Customer Agreement · Wirecard Deposit Account and Debit Card Customer Agreement These terms and conditions apply to your use of the Wirecard

obtainsknowledgeofyourPINandpasswordoranyauthenticationelement.

IfyouknoworsuspectthatyourWirecardAccountdetailsorWirecardCarddetailsoranyotherrelevantsecurityinformationorauthenticationelementsisknowntoanunauthorizedperson,youmustinformusimmediatelybycontactingusthroughtheContactMethods.

IfyouthinkaTransactionnotauthorizedbyyouhasbeenmadeorthataTransactionhasbeenincorrectlyexecuted,youmustcontactusthroughtheContactMethodsimmediatelysothatwecanblockyourWirecardAccountorWirecardCard.YoucanalsoblockyourWirecardAccountorWirecardCardthroughtheDenizenApp.WemayaskyoutocompleteadeclarationformandreturnittoDenizenorDenizenFinancialInc.promptly.

LOST,STOLENORDAMAGEDCARDSIntheeventofloss,theft,fraud,themisappropriationoftheWirecardCardtnePINortheagreedauthenticationelementsoranydeviceinwhichtheWirecardCarddetailsoryourcredentialstoaccessyourWirecardAccountortheDenizenAppareincluded,oranyothereventthatresultsintheriskofunauthoriseduseoftheWirecardCardoryourWirecardAccount,youmustcontactusthroughtheContactMethodsimmediatelysothatwecanblockyourWirecardAccountorWirecardCard.YoucanalsoblockyourWirecardAccountorWirecardCardthroughtheDenizenApp.WemayaskyoutocompleteadeclarationformandreturnittoDenizenorDenizenFinancialInc.promptly.Inthiscontext,weshallensurethatappropriatemeansareavailableatalltimestoenableyouasthecardholdertomake

Page 19: Wirecard Deposit Account and Debit Card Customer Agreement · Wirecard Deposit Account and Debit Card Customer Agreement These terms and conditions apply to your use of the Wirecard

suchnotificationfreeofcharge.

Providedthatyouhavefollowedoneofthestepsinaccordancewithparagraph11.1andthatparagraph11.3doesnotapply,youwillnotbeliableforlossesthattakeplaceafteryouhavelockedyourWirecardCardorWirecardAccountorinformedCustomerServicestodoso.

Ifwecanprovethatyouhaveactedfraudulentlyorwithgrossnegligenceorintent:(i)infailingtonotifyuswithunduedelayonbecomingawareofthelost,stolen,misappropriationorunauthoriseduseoftheWirecardCardorWirecardAccountorthePINortheagreedauthenticationelements;or(ii)whereyouhavefailedtoreasonablykeepyourWirecardCardorWirecardAccount,thePINortheagreedauthenticationelementsrelatedtotheWirecardCardorWirecardAccountsafeaccordingtothisagreementoranyothersecurityobligationinformedbyus,thenyoushallbeliableforallresultinglosses,exceptinthefollowingcases:

1. incaseswhereenhancedcustomer’sauthenticationisnotrequiredfortheuseoftheWirecardCardorWirecardAccount,youshallonlybearthepossibleeconomicconsequencesintheeventyouhaveactedfraudulently;

2. youshallonlybearthefinancialconsequencesfortheuseoftheWirecardCardorWirecardAccount,afternotificationoflossortheft,intheeventyouhaveactedfraudulently.

Inanyevent,youshallbeexemptfromallliabilityintheeventoftheft,misplacementormisappropriationoftheWirecardCardwherethetransactionswerecarriedoutinanon-presentmannerusingonlythepaymentdetailsprintedontheWirecardCarditself,providedthattherewasnofraudorgrossnegligenceonyourpartinthefulfilmentofyourcustodialobligationsoftheWirecardCardandauthentication

Page 20: Wirecard Deposit Account and Debit Card Customer Agreement · Wirecard Deposit Account and Debit Card Customer Agreement These terms and conditions apply to your use of the Wirecard

elementsandthatyouhadnotifiedthiscircumstancewithoutdelay.

Subjectto11.2,youmaybeliableuptoamaximumof50EURforanylossesincurredasaresultofunauthorisedpaymenttransactionscarriedoutusingyourWirecardCardorWirecardAccountpriortoyoulockingoryourequestingustolockyourWirecardCardorWirecardAccountwheretheWirecardCardorWirecardAccountortheirPINorotheragreedauthenticationelementshasbeenlostorstolen,orwhereyouhavefailedtokeepsuchauthenticationelementssafefrommisappropriation.

Thepreviousparagraphshallnotapplyif:

1. theloss,theftormisappropriationoftheWirecardCardorPINortheagreedauthenticationelementswasnotdetectabletoyoupriortoapayment,exceptwhereyouhaveactedfraudulently;or

2. thelosswascausedbyactsorlackofactionofanemployee,agentorbranchofWirecard,Denizen,DenizenFinancialInc.,orofanentitytowhichitsactivitieswereoutsourced.

Forthepurposesofthisclause,wewillconsiderthatyouactedfraudulently,deliberatelyorwithgrossnegligencewithrespecttothesecuritymeasuressetforthinsection9abovewhere(i)someoneelseusedtheWirecardCardanditsPINwithyouragreement;(ii)youhavedisclosedyourPINtosomeoneelse;or(iii)youhavefailedtoimmediatelynotifyasecuritybreachassoonasyouhavebecomeawareofit.

RefundingTransactionsProvidedthatyouhavetimelynotifiedusinaccordancewithsubsections10.2or10.3,asapplicable,ofanyunauthorizedorincorrectlyexecutedTransactionwithoutdelayandatthevery

Page 21: Wirecard Deposit Account and Debit Card Customer Agreement · Wirecard Deposit Account and Debit Card Customer Agreement These terms and conditions apply to your use of the Wirecard

latestwithin13monthsofthedebitdate,youmaybeentitledtoarefundofsuchTransactionamountinaccordancewiththefollowingprovisions.The13-month-periodshallonlycommence,ifwehavenotifiedyouofthedebitentryresultingfromthetransactionviatherelevantcommunicationchannelagreeduponfortransactioninformationatthelatestwithinonemonthofthedebitentry.Otherwise,theperiodshallbeginonthedayofnotification.Youmayalsoraiseclaimsaftertheendoftheperiodstatedinsentence1ifyouwereunabletomeetthedeadlinethroughnofault.

Refundintheeventofanunauthorizedcardtransaction.IntheeventofanunauthorizedWirecardCardtransaction,wedonothavetherighttoclaimrefundsofourexpensesandweareobligedtorefundthetransactionamounttoyouwithoutdelayandinfull.Inthecaseofanunauthorisedpaymenttransaction,weshallrefundtoyourWirecardAccounttheamountoftheunauthorisedpaymenttransactionimmediately,andinanyeventnolaterthanbytheendofthefollowingBusinessDay,afternotingorbeingnotifiedofthetransaction,exceptwherewehavereasonablegroundsforsuspectingfraudandcommunicatesthosegroundstotherelevantnationalauthorityinwriting.IftheamounthasbeendebitedfromyourWirecardAccount,wewillensurethatthebalanceofyourWirecardAccountisrestoredtothepositionitwouldhavebeenhadtheunauthorizedtransactionnotoccurred.ThisshallalsoensurethatthecreditvaluedatefortheWirecardAccountshallbenolaterthanthedatetheamounthadbeendebited.

Wherethepaymenttransactionisinitiatedthroughapaymentinitiationserviceprovider,weshallrefundimmediately,andinanyeventnolaterthanbythe

Page 22: Wirecard Deposit Account and Debit Card Customer Agreement · Wirecard Deposit Account and Debit Card Customer Agreement These terms and conditions apply to your use of the Wirecard

endofthefollowingBusinessDaytheamountoftheunauthorisedpaymenttransactionand,whereapplicable,restoretheWirecardAccounttothestateinwhichitwouldhavebeenhadtheunauthorisedpaymenttransactionnottakenplace.

Refundintheeventofanon-executedorincorrectlyexecutedauthorizedtransaction.WhereyouhaveorderedaTransactionpursuanttothisAgreement,wewillbeliableforthecorrectexecutionofsuchTransaction.IfyouarethebeneficiaryofanyTransactionorderedbyathirdpartyunderthisAgreement,wewillbeliabletoyouaslongaswehavereceivedtherelevantamount.Intheeventofanon-executedorincorrectlyexecutedTransaction,weshall,withoutunduedelay,refundtoyoutheamountofthenon-executedordefectivepaymenttransactionand,whereapplicable,restoretheWirecardAccounttothestateinwhichitwouldhavebeenhadtheincorrectlyexecutedTransactionnottakenplace.

ClaimsfordamagesbyyoubasedonanunauthorizedTransactionoranon-executedorincorrectlyexecutedauthorizedTransaction.Intheeventofanon-executedorincorrectlyexecutedTransaction,inadditiontotheremediesprovidedinsubsection12.3above,weshallbeliabletoyouforanychargesforwhichyouareresponsible,andforanyinteresttowhichyoumaybesubjectasaconsequenceofnon-executionoranincorrectlyexecutedTransaction.

Timelimitforraisingclaimsundersubsections11.2through11.4.Youarenotentitledtoanyclaimagainstusundersubsections12.2through12.4,ifyouhavefailedtoinformusassetoutinsubsection12.1,orifsubsection12.6applies.

Anyofyourclaimsagainstussetforthinsubsections

Page 23: Wirecard Deposit Account and Debit Card Customer Agreement · Wirecard Deposit Account and Debit Card Customer Agreement These terms and conditions apply to your use of the Wirecard

12.2through12.4areexcluded,ifthereasonsgivingrisetotheclaimareeitherbasedonanunusualorunforeseeableeventbeyondourinfluenceandtheconsequencesofwhichcouldnothavebeenavoidedbyusdespiteexercisingduecare,orwerecausedbyusduetoalegalobligationwithwhichwemustcomply.

RedeemingFundsinYourWirecardAccountYoucanredeemfundsheldinyourWirecardAccountatanytimeinwholeorinpart,bymakingatransfertoanyotherSEPAaccountinyourname.Todoso,pleasefollowtheinstructionsintheDenizenApporcontactususinganyoftheContactMethods,requestingredemptionandindicatingtheamounttoberedeemed.

InordertoprocessyourRedemptionRequest,wemayaskyoutoprovideuswithdocuments,evidenceandotherinformationtoverifyyouridentitytoenableustocomplywithapplicablelegalandregulatoryrequirements.

ForeignCurrencyConversionIfyouusetheWirecardCardforTransactionswhicharenotinEuro,theWirecardAccountwillneverthelessbedebitedinEuro.TheexchangerateforforeigncurrencytransactionsshallbedeterminedbyMastercardbasedonexistingmarketconditionsatthetimeoftheTransactionsettlement.Wedrawyourattentiontothefactthattheforexmarketmaybevolatileandthattheexchangeratesmaychangequickly.Therefore,itmaybehardtoaccuratelyestimatetheapplicableexchangerateinadvance.

Page 24: Wirecard Deposit Account and Debit Card Customer Agreement · Wirecard Deposit Account and Debit Card Customer Agreement These terms and conditions apply to your use of the Wirecard

ChargesandFeesWewillnotchargeyouafeeforyourWirecardAccountoryourWirecardCard,butyoumaybechargedafeebyDenizenorDenizenFinancialIncforyouruseoftheDenizenService.

IncaseweintroducefeesforyourWirecardAccountoryourWirecardCard,wewillnotifyyouinwriting(e.g.byemailorviaonlineaccountaccess)nolaterthantwomonthsbeforetheytakeeffect.Yourconsentisdeemedtohavebeengivenifyoufailtoraiseanyobjectionsbeforetheproposedeffectivedateofthechanges.Wewillspecificallyinformyouaboutyourdeemedconsentinournoticetoyou.

Incaseweintroduceanyfeesorchangeourfees,youhavetherighttoterminatethisAgreementimmediatelyandfreeofchargebeforetheproposeddatewhenthechangestakeeffect.Wewillspecificallyinformyouaboutthisterminationrightinournoticetoyou.

ATMcashwithdrawalmaybesubjecttoATMfeeschargedbytheownerofanATM.WewilldebityourWirecardAccountwiththefeesappliedbytheowneroftheATM.WithrespecttocashwithdrawalsfromATMslocatedinSpain,theamountofsuchfeeswillbedisplayedpriortothewithdrawalpursuanttotheSpanishapplicablelaw.

YouwillnotbechargedwiththeinformationcostsrelatedwiththeprovisionofservicesunderthisAgreement.

TerminatingyourWirecardAccountorWirecardCard

Page 25: Wirecard Deposit Account and Debit Card Customer Agreement · Wirecard Deposit Account and Debit Card Customer Agreement These terms and conditions apply to your use of the Wirecard

ThetermofthisAgreementwillcontinueuntiltheAgreementisterminatedinaccordancewiththissection.

YouhavetherighttoterminatethisAgreementatanytimebyusinganyoftheContactMethods.Section15.3shallremainunaffected.Weshallcomplywiththeordertoterminatetheframeworkcontractwithin24hoursofreceiptofyourrequest.

TerminationofthisAgreementisfreeofchargeforyouexceptwhereithasbeeninforceforlessthan6months.Charges,ifany,forterminationofthisAgreementshallbeappropriateandinlinewithcosts.

WemayterminatethisAgreementwithimmediateeffectbygivingwrittennotice,ifyouareinbreachofamaterialclauseofthisAgreement,including:

ifyourepeatedlybreachthisAgreementandfailtoresolvethebreachtooursatisfactioninatimelymanner;

ifyouactinamannerthatisthreateningorabusivetoourstafforanyoneactingonourbehalf;or

intheeventofyourdeathorincapacity.

WemayterminatethisAgreementforanyreasonbygivingyouatleasttwo(2)monthswrittennotice.

IfyouterminatetheagreementapplyingtoyouruseoftheDenizenService,thiswillalsobedeemedaterminationofthisAgreementsothatyouruseofyourWirecardAccountandWirecardCard,ifprovided,willterminateinaccordancewiththeterminationoftheDenizenService.

WemayalsoterminatethisAgreementwith

Page 26: Wirecard Deposit Account and Debit Card Customer Agreement · Wirecard Deposit Account and Debit Card Customer Agreement These terms and conditions apply to your use of the Wirecard

immediateeffectand/orsuspendyourWirecardAccountand/orWirecardCardimmediately,ifwebelieveyourWirecardAccountand/orWirecardCardisdeliberatelybeingusedbyyouoranyoneelsetocommitfraudorforotherillegalpurposes.Inthiscase,wewillnotifyyouassoonaswearepermittedtodosoandyoumuststopusingyourWirecardAccountand/orWirecardCardimmediatelyuponsuchnotice.

IfthisAgreementisterminated,assoonaswearepermittedtodoso(andnormallywithinfive(5)BusinessDaysafteryouhavecontactedusinrelationtoyourterminationofthisAgreement),wewillreturnanyBalanceremainingonyourWirecardAccountafterthedeductionofallpendingtransactions(alsotoyourDenizenUnderlyingAccount)ormadewithyourWirecardCard,ifprovided.Pleasenotethatinordertocomplywithapplicablelegalandregulatoryrequirements,includinganti-moneylaunderingandterroristfinancingrequirements,wemayneedtoverifyyouridentitypriortopayinganyBalancetoyou.

AfterterminationofthisAgreement,youwillnotbeentitledtoarefundofmoneyyouhavealreadyspentontransactionsauthorizedorpendingbeforetheAgreementwasterminated.

ChangesToThisAgreementWereservetherighttoamendthisAgreementatanytime.Wewilltakeintoaccountyourinterestsaffectedbytheintendedchangesandwillonlymakechangesthatweconsidertobereasonable.ChangestoexchangerateswilltakeeffectimmediatelywheretheymoveinyourfavororwheretheyresultfromachangetothereferencerateofMastercardfromtimetotime.Forallotherchanges,wewillgiveyouatleasttwo(2)months'priorwrittennoticeviae-mailordirectlywithinyourDenizenAppofanyintended

Page 27: Wirecard Deposit Account and Debit Card Customer Agreement · Wirecard Deposit Account and Debit Card Customer Agreement These terms and conditions apply to your use of the Wirecard

changetothesetermsandconditionsandwewillprovideyouwithanewversionofthisAgreement.Ifyoudonotagreewiththeproposednewterms,youmustnotifyusviaoneoftheContactMethodsbeforethenewtermstakeeffect,otherwiseyouwillbedeemedtohaveacceptedthenewtermsofthisAgreement.

UsageRestrictionsUsageRestrictionsapplyingfromtimetotimewillbenotifiedtoyouthroughtheDenizenApprequiringyoutoacceptthem.

YourInformationYouconfirmthatanyinformationyouprovideuswith,orwhichDenizenorDenizenFinancialInc.providestousonyourbehalf,istrue,accurateandup-to-date.Youagreetoinformusofanychangestoyourpersonaldetailswithoutdelay.YoumayalsoupdateyourresidentialaddressandemailaddressbyfollowingtheinstructionswithinyourDenizenApp.IfwecontactyouinrelationtoyourWirecardAccountorWirecardCard,wewillusethemostrecentcontactdetailsyouhaveprovidedtous.

DataProtectionandhowweuseyourinformationThepersonaldatathatyouprovidetous,orwhichDenizenorDenizenFinancialInc.providestousonyourbehalf(including,withoutlimitation,anemailaddressandanysecurityinformation),willbeprocessedbyWirecardinaccordancewiththisAgreementandourPrivacyNotice.PleasereadthePrivacyNoticecarefullyasitprovidesinformationabouthowweuse,share,storeandprocessyourpersonalinformation.ByusingyourWirecardAccountorWirecardCardyouconsenttoWirecardprocessingsuchinformationinthisway.

Ifwesuspectthatwehavebeengivenfalseor

Page 28: Wirecard Deposit Account and Debit Card Customer Agreement · Wirecard Deposit Account and Debit Card Customer Agreement These terms and conditions apply to your use of the Wirecard

inaccurateinformation,wemayrecordoursuspiciontogetherwithanyotherrelevantinformation.

LanguageoftheAgreementThelanguageforthisAgreementandanycommunicationswithyouduringthetermofthisAgreementwillbemadeinSpanish.

AssignmentWemayassignourrightsandobligationsunderthisAgreementtoanothercompanyatanytime,ongivingyoutwo(2)months'priorwrittennotice.Ifwedothis,yourrightsunderthisAgreementwillnotbeaffected.

Youmaynotassigntoanyoneelseanyoftherights,obligationsorinterestscreatedinthisAgreement.

DepositProtectionFundScopeofprotection.WirecardisamemberoftheDepositProtectionFundoftheAssociationofGermanBanks(EinlagensicherungsfondsdesBundesverbandesdeutscherBankene.V.).Inaccordancewithitsby-laws–subjecttotheexceptionsprovidedfortherein–theDepositProtectionFundprotectsdeposits,i.e.creditbalanceswhichresultfromfundsleftinanaccountorfromtemporarysituationsderivingfrombankingtransactionsandwhichWirecardisrequiredtorepayundertheconditionsapplicable.Notprotectedare,interalia,depositsformingpartofWirecard’sownfunds,liabilitiesfrombearerandorderbonds,aswellasdepositsofcreditinstitutionswithinthemeaningofArticle4(1),point(1)ofRegulation(EU)No.575/2013,financialinstitutionswithinthemeaningofArticle4(1),point(26)ofRegulation(EU)No.

Page 29: Wirecard Deposit Account and Debit Card Customer Agreement · Wirecard Deposit Account and Debit Card Customer Agreement These terms and conditions apply to your use of the Wirecard

575/2013,investmentfirmswithinthemeaningofArticle4(1),point(1)ofDirective2004/39/ECandcentral,regionalandlocalauthorities.Depositsofothercreditorsasnaturalpersonsandasfoundationswithlegalcapacityareonlyprotectedif(i)thedepositisnotaliabilityfromaregisteredbondorapromissorynoteand(ii)thetermofthedepositisnotmorethan18months.Depositsthatalreadyexistedbefore1January2020shallnotbesubjecttothislimitationofterm.After31December2019,the‘grandfathered’statuspursuanttotheprecedingsentenceshallceasetoapplyassoonasthedepositinquestionfallsdue,canbeterminatedorotherwisereclaimed,orifthedepositistransferredbywayofindividualoruniversalsuccessionintitle.Liabilitiesofbanksthatalreadyexistedbefore1October2017areprotectedinaccordancewithandundertheconditionslaiddownintheprovisionsoftheby-lawsoftheDepositProtectionFundapplyinguntil1October2017.After30September2017,the‘grandfathered’statuspursuanttotheprecedingsentenceshallceasetoapplyassoonastheliabilityinquestionfallsdue,canbeterminatedorotherwisereclaimed,oriftheliabilityistransferredbywayofindividualoruniversalsuccessionintitle.

Protectionceilings.Theprotectionceilingforeachcreditoris,until31December2019,20%,until31December2024,15%,and,asof1January2025,8.75%ofWirecard’sownfundswithinthemeaningofArticle72ofRegulation(EU)No.575/2013usedfordepositprotectionpurposes.Depositsestablishedorrenewedafter31December2011shallbesubjecttotherespectivenewprotectionceilingsasoftheaforementioneddates,irrespectiveofthetimewhenthedepositsareestablished.Depositsestablishedbefore31December2011shallbesubjecttotheold

Page 30: Wirecard Deposit Account and Debit Card Customer Agreement · Wirecard Deposit Account and Debit Card Customer Agreement These terms and conditions apply to your use of the Wirecard

protectionceilingsuntilmaturityoruntilthenextpossibleterminationdate.ThisprotectionceilingshallbenotifiedtothecustomerbyWirecardonrequest.Itisalsoavailableontheinternetatwww.bankenverband.de.

ValidityoftheBy-lawsoftheDepositProtectionFund.Furtherdetailsofprotectionarecontainedinsection6oftheBy-lawsoftheDepositProtectionFund,whichareavailableonrequest.

Transferofclaims.TotheextentthattheDepositProtectionFundoritsmandatorymakespaymentstoacustomer,therespectiveamountofthecustomer‘sclaimsagainstWirecard,togetherwithallsubsidiaryrights,shallbetransferredsimultaneouslytotheDepositProtectionFund.

Disclosureofinformation.WirecardshallbeentitledtodisclosetotheDepositProtectionFundortoitsmandatoryallthenecessaryinformationinthisrespectandtoplacedocumentsattheirdisposal.

ComplaintsIfyouhaveacomplaintabouttheWirecardAccountpleasetellusbyusingtheServiceE-mailsupport@denizen.io,sowecaninvestigatethecircumstancesforyou.WewillaimtodealquicklyandfairlywithanycomplaintsyouhaveabouttheWirecardAccount.

Wirecardparticipatesinthedisputeresolutionmechanismoftheconsumerarbitrationboard“ombudsmanofprivatebanks”(www.bankenombudsman.de)wheretheconsumercanrequesttheresolutionofadisputewiththebankfromtheombudsmanofprivatebanks.Ifthesubject

Page 31: Wirecard Deposit Account and Debit Card Customer Agreement · Wirecard Deposit Account and Debit Card Customer Agreement These terms and conditions apply to your use of the Wirecard

matterofthecomplaintinvolvesadisputeinconnectionwithapaymentservicescontract(Section675fGermanCivilCode),cardholdersotherthanconsumersmayalsorequesttheOmbudsmanofprivatebanksforresolutionofthedispute.Furtherdetailsarecontainedinthe„RulesofProcedurefortheSettlementofCustomerComplaintsintheGermanPrivateCommercialBankingSector“(VerfahrensordnungfürdieSchlichtungvonKundenbeschwerdenimdeutschenBankgewerbe),whichwillbemadeavailableonrequestorcanbefoundontheinternetatwww.bankenverband.de.Thecomplaintmustbesubmittedinwriting(e.g.byletter,faxore-mail)toKundenbeschwerdestelle(CustomerComplaintsOffice)atBundesverbanddeutscherBankene.V.P.O.Box040307,10062Berlin,Fax:(030)1663-3169,E-Mail:ombudsman@bdb.de.ThecardholdermayfurthermorewritetoorcontacttheGermanFederalFinancialSupervisoryAuthority(BundesanstaltfürFinanzdienstleistungsaufsicht),GraurheindorferStraße108,53117Bonn,andMarie-Curie-Str.24-28FrankfurtamMain,Germany,atanytimetohavecomplaintsrecordedinwritingregardingviolationsbythebankoftheGermanPaymentServicesOversightAct(Zahlungsdiensteaufsichtsgesetz,ZAG),Sect.675cto676coftheGermanCivilCode(BGB)orArticle248oftheIntroductoryActtotheGermanCivilCode(EinführungsgesetzzumBGB,EGBGB).

EntireAgreementandSeveranceTheWirecardAccountandtheWirecardCardareregulatedsolelybythisAgreement.AnapplicensefortheDenizenAppandthetermsandconditionsfortheDenizenServicemayapplyinaddition.Incaseofadiscrepancyamonganyofthesedocuments,

Page 32: Wirecard Deposit Account and Debit Card Customer Agreement · Wirecard Deposit Account and Debit Card Customer Agreement These terms and conditions apply to your use of the Wirecard

thisAgreementshallprevailwithrespecttoyourWirecardAccountandyourWirecardCard.

IfanycourtorcompetentauthorityfindsthatanyprovisioninthisAgreement(oranypartofanyprovision)isinvalid,illegalorunenforceable,thatprovision(orpart)shall,totheextentrequired,bedeemedtobedeleted,andthevalidityandenforceabilityoftheotherprovisionsofthisAgreementshallnotbeaffected.

GoverningLawandJurisdictionThisAgreementisgovernedbySpanishlawandissubjecttotheexclusivejurisdictionoftheSpanishCourts.Inparticular,thisAgreementissubjecttotheprovisionssetforthbySpanishRoyalDecree-Law19/2018of23NovemberonpaymentservicesandotherurgentfinancialmeasuresandtheSpanishMinisterialOrderEHA/1608/2010,ofJune14,ontransparencyofconditionsandinformationrequirementsforpaymentservices,anditsdevelopingregulations.

PrivacyNotice

1. WhenyouenterintoabankaccountagreementwithWirecardBankAG("Wirecard")withrespecttotheDenizenService,Wirecardcollectspersonaldataaboutyou.YouprovidedthispersonaldatatoDenizenGlobalFinancial,S.A.U.("DenizenSA")orDenizenFinancialInc.,theprovidersoftheDenizenService,andDenizenSAorDenizenFinancialInc.forwardsittoWirecard.ThepersonaldataincludesinformationforyourDenizenServiceaccount(fullname,dateofbirth,address,e-mailaddress,telephonenumber,taxidentificationnumber),yourpassport(fullname,number,expirationdate,picture,dateandplaceofbirth,dateofissue,nationality,gender)andanycredit/debitcardyoulinkthroughtheapp(primaryaccountnumber[PAN],verificationcode[CVC],expirationdate).Wirecardreviewsandusesthisinformationtosatisfycomplianceobligations(e.g.know-your-customerchecks,anti-moneylaundering,counteringthefinancingofterrorism)andtoestablishandcarryoutthebankaccountrelationshipwithyou.

Page 33: Wirecard Deposit Account and Debit Card Customer Agreement · Wirecard Deposit Account and Debit Card Customer Agreement These terms and conditions apply to your use of the Wirecard

2. [email protected]

3. Ifyouwishtoaccess,correct,updateorrequestdeletionofyourpersonaldata,ortoobjecttotheprocessingofyourpersonaldata,askustorestricttheprocessingofyourpersonaldataorrequestportabilityofyourpersonaldata,youcandosoatanytimebycontactingusonthee-mailaddresssupport@denizen.io.Ifwehaveobtainedyourconsentforprocessingyourdata,thenyoucanwithdrawyourconsentatanytimeviathesamee-mailaddress.Withdrawingyourconsentwillnotaffectthelawfulnessofanyprocessingweconductedpriortoyourwithdrawal,norwillitaffectprocessingofyourpersonaldataconductedinrelianceonlegalbasisotherthanconsent.Youhavetherighttocomplaintoadataprotectionsupervisoryauthorityaboutourprocessingofyourpersonaldata.

1. Wirecardretainsyourpersonaldataifthereisongoinglegalbasistodoso,namelytoprovidetheDenizenServicetoyouandtocomplywithstatutoryretentionobligationse.g.underbanking,anti-money-laundering,taxandtradelaw.Withoutsuchlegalbasis,Wirecardwilldeleteyourpersonaldataifitisnotnecessaryanymoreforthepurposeforwhichitwascollected.

1. Annex

UsageRestrictions

Limit € # €

STANDARDCustomerCategoryTrustClass_3_basic

EMPLOYEECustomerCategory

TrustClass_3_plusmax_account_balance 50,000.00 n/a 100,000.00 max_day_load 5,000.00 5 30,000.00max_week_load 10,000.00 20 50,000.00max_month_load 10,000.00 40 100,000.00max_year_load 20,000.00 480 500,000.00

Page 34: Wirecard Deposit Account and Debit Card Customer Agreement · Wirecard Deposit Account and Debit Card Customer Agreement These terms and conditions apply to your use of the Wirecard

max_day_spend 3,500.00 5 15,000.00max_week_spend 5,000.00 10 25,000.00max_month_spend 5,000.00 40 50,000.00max_year_spend 20,000.00 480 500,000.00 max_day_ATM 500.00 5 500.00max_week_ATM 1,500.00 5 3,500.00max_month_ATM 5,000.00 10 10,000.00max_year_ATM 15,000.00 120 20,000.00 max_per_POS 500.00 n/a 2,500.00DAILY_POS n/a n/a n/aWEEKLY_POS 5,000.00 10 10,000.00MONTHLY_POS 5,000.00 40 20,000.00YEARLY_POS 20,000.00 480 50,000.00 max_per_ECOM 500.00 n/a 2,500.00DAILY_ECOM n/a n/a n/aWEEKLY_ECOM 5,000.00 10 10,000.00MONTHLY_ECOM 5,000.00 20 10,000.00YEARLY_ECOM 20,000.00 240 50,000.00 max_per_wiretransfer_transaction 5,000.00 n/a 15,000.00max_day_wiretransfer 5,000.00 2 30,000.00max_week_wiretransfer 10,000.00 5 50,000.00max_month_wiretransfer 10,000.00 10 100,000.00max_year_wiretransfer 20,000.00 120 500,000.00 max_per_creditcard_transaction 100.00 n/a 500.00max_day_creditcard 200.00 2 500.00max_week_creditcard 500.00 5 1,000.00max_month_creditcard 500.00 10 2,500.00max_year_creditcard 6,000.00 120 15,000.00