The Payment Service

4.1. When registering the User Account, the Payment Service Provider creates accounts on the name of the User (hereinafter – the User Payment Account).

4.2. The User Payment Account shall be created only for the currencies, which are applicable in accordance with clause 1.8.2 of the User Agreement.

4.3. The User Payment account for each currency has unique number, which shall be used to perform transaction regarding this User Payment Account.

4.4. The User has a right to execute the following transactions through the User Payment Account:

4.4.1. top up the currency balance (deposit a currency) of the User Payment Account by sending relevant amount of currency to the Payment Service Provider;

4.4.2. send currency from the User Payment Account to another payment account (specified by the User), which is opened on the Payment Service Provider;

4.4.3. receive currency to the User Payment Account from another payment account, which is opened on the Payment Service Provider;

4.4.4. exchange currencies deposited on the User Payment Account to another currencies, for which the User Payment Account is created (e. g. exchange EUR to RUB etc.);

4.4.5. withdraw the currency from the User Payment Account by the method chosen by the User and accepted by the Payment Service Provider (e. g. to another payment service provider or to the card like VISA, MasterCard, Maestro/WİRE, , etc.).

4.5. The User has a right to make transactions with the User Payment Account in accordance with terms and conditions specified in the User Agreement.

4.6. Transactions performed and service fees paid are reflected in the User Account's statement, which is available to the User in an electronic form in the User Account or in another way previously agreed upon.

4.7. To perform the transaction specified in clause 4.4.1 the User shall send the application to the Payment Service Provider, where the top up method, the amount of top up and other necessary data is specified. The Payment Service Provider allows the following methods for top up the User Payment Account:

4.7.1. Bank cards (Visa, MasterCard);

4.7.2. Payment systems.

4.8. To perform the transaction specified in clause 4.4.2 the User shall send the application shall contain at least the following:

4.8.1. the payment account number, which is opened on the Payment Service Provider, where currency shall be transferred from the User Payment Account;

4.8.2. amount of currency, which shall be transferred from the User Payment Account.

4.9. To perform the transaction specified in clause 4.4.4 the User shall send the application shall contain at least the amount of currency shall be exchanged. The User's currency shall be exchanged with the rate specified by the Payment Service Provider and the result of exchange shall be deposited to the User Payment Account.

4.10. To perform the transaction specified in clause 4.4.2 and 4.4.5 the User shall send the application shall contain at least the amount of currency which shall be withdrawn from the User Payment Account and the withdrawal method. Depending on withdrawal method, the other necessary data required for the withdrawal process may be requested.

4.11. The User is fully responsible for transactions, specified in clause 4.4. None of the losses resulted from the mistakes made by the User when executing the transaction with the User Payment Account shall be covered by the Payment Service Provider and the transaction itself shall not be the subject to the changes or cancel after its complete performance.

4.12. The User Payment Account cannot be closed upon the User's request. The User Wallet may be closed only if there is no currency, which may be sent or withdrawn from the User Payment Account.