Terms & Conditions

1. Introduction

These terms and conditions (the “Terms”) govern your use of the e-money service provided by WamNow Technologies Limited (the “Service”). By using the Service, you agree to be bound by these Terms. If you do not agree to these Terms, do not use the Service.

2. Definitions

“Account”: means a user's electronic account with WamNow Technologies Limited.

“User” or “Your”: means the person who has registered for an Account with WamNow Technologies Limited.

“E-Money”: means the monetary value that is credited to a User's Account and which can be used to purchase goods and services.

3. Account Eligibility

To open an account, you must:

• Be at least 18 years of age or have the consent of a parent or guardian.
• Have a valid government-issued photo ID and proof of address.
• Agree to these Terms.

4. Account Set-Up

The User must complete the Account registration process to set up an Account. The User must provide accurate and complete information as requested during the Account registration process. WamNow Technologies Limited may reject or terminate an Account if it determines that the information provided is inaccurate or incomplete.

5. Depositing E-Money

E-Money can be deposited into the Account using a variety of methods, including credit cards, bank transfers, or other approved methods. WamNow Technologies Limited reserves the right to add or remove deposit methods at any time without prior notice to the User.

6. Withdrawing E-Money

E-Money can be withdrawn from the Account by transferring it to a linked bank account, or by using it to purchase goods and services. The User may be required to provide additional information and verification before being able to withdraw E-Money.

7. E-Money Balances and Transactions

The User is responsible for checking the accuracy of their E-Money balance and transactions through the WamNow Technologies Limited app or website. The User must notify WamNow Technologies Limited of any errors or discrepancies as soon as possible.

8. User Conduct

The User agrees to use the Account only for lawful purposes and in accordance with these Terms. The User agrees not to use the Account for any illegal or unauthorized purposes, including but not limited to: fraud, money laundering, financing terrorism, or other criminal activities. WamNow Technologies Limited reserves the right to suspend or terminate an Account if it determines that the User has engaged in any such activities.

9. Fees and Charges

The User may be charged fees for using certain features or services of the WamNow Technologies Limited e-money service. These fees may include, but are not limited to, account maintenance fees, transaction fees, withdrawal fees, and conversion fees. WamNow Technologies Limited will provide the User with information about the fees and charges that apply to their use of the e-money service prior to the User's use of such services. The User agrees to pay all fees and charges incurred in connection with their use of the e-money service.

10. Electronic Value

The E-Money stored in the User's Account is not a deposit and is not insured by any deposit insurance scheme. The User acknowledges that the E-Money stored in their Account represents an unsecured claim against WamNow Technologies Limited. E-Money is not legal tender.

11. Amendments

WamNow Technologies Limited may amend these terms and conditions at any time and without prior notice to the User. The User's continued use of the e-money service after any amendment indicates the User's acceptance of the amended terms and conditions.

12. Assignment

The User may not assign their rights or obligations under these terms and conditions without the prior written consent of WamNow Technologies Limited. WamNow Technologies Limited may assign its rights and obligations under these terms and conditions without the prior written consent of the User.

13. Entire Agreement

These terms and conditions, together with any other agreements or policies referenced herein, constitute the entire agreement between the User and WamNow Technologies Limited regarding the use of the e-money service.

14. Severability

If any provision of these terms and conditions is found to be illegal, invalid or unenforceable, the remaining provisions shall remain in full force and effect.

15. Waiver

The failure of WamNow Technologies Limited to enforce any right or provision in these terms and conditions shall not constitute a waiver of such right or provision unless acknowledged and agreed to by us in writing.

16. Contact Information

If you have any questions regarding these terms and conditions or the e-money service, please contact WamNow Technologies Limited at hello@wam.money.