eezy Payments Services
Legal Supplement to Terms & Conditions and Privacy Policy
Version 1.01
Introduction
This paragraph is about using eezy payment services within the eezy app.
The eezy payment services consist of, but are not limited to, the use of the eezy card (“card”) and the eezy balance (“balance”)
eezy is neither a bank nor a financial services institution.
The eezy payment services, including the provision of the balance service, are provided by the payment processing program manager Stripe, Inc., a Delaware corporation (“Stripe”). The Card services are provided by Celtic Bank, a Utah-chartered, Federal Deposit Insurance corporation-insured bank located in Salt Lake City (Issuer).
If you do not understand any of the terms of this Agreement, please contact us by using the Contact Us page, before using the Services.
You may not access or use any Services unless you agree to abide by all the Terms and Conditions in this Agreement.
"powered by Stripe" in the app means the payment services are provided by Stripe as program manager and / or Celtic Bank as a card issuer.
eezy Payment Services: the “eezy card”
The eezy card (“card”) is a business charge card (debit card) issued under the Stripe Issuing: Spend Card Program.
Corporation Partners: The Stripe Issuing Spend Card is issued by Celtic Bank, a Utah-chartered, Federal Deposit Insurance corporation-insured bank located in Salt Lake City, Utah (“Issuer”), and the Program is managed by Stripe, Inc., a Delaware corporation (“Stripe”).
Payment flow: eezy never possesses or controls funds during the payment flow and eezy never possesses or controls the funds in the users balance.
Use of card: You shall use your card only for purchases within the eezy app. The Use of the card is exclusively for valid purchases with the intent of lawful purposes. The use of card is depending on the availability of funds at the time of purchase
Cashback: You are entitled to earn cashback by exclusively using the card for purchases within the eezy app.
Personal Information: Upon application of the eezy card, eezy will request personal information such as your name in full, place of residence, D.O.B., and other information that will allow eezy to identify you as a lawful party.
Data Security: eezy will keep your data secure with eezy and will immediately report any security breach detected. We will maintain commercially reasonable administrative, technical, and physical procedures to protect Account Data and Personal Data stored in our servers from unauthorised access, accidental loss, modification, or breach, and we will comply with applicable Laws and Card Network Rules when we handle Account Data and Personal Data. However, no security system is impenetrable, and we cannot guarantee that unauthorised parties will never be able to defeat our security measures or misuse any Account Data and/or Personal Data in our possession.
Privacy: By agreeing, you also agree to keep your personal information secure. You will keep your personal details, login credentials, and security codes confidential and ensure they are not accessible to others, nor shared with anyone else.
eezy payment services: the “eezy balance”
eezy balance (“balance”): The “eezy balance” is a program that can be used to make mobile payments.
The source of funding for the “eezy card” is the “eezy balance.”
Funding: The balance is funded by the user via a transfer of funds from a personal account using a personal debit or credit card or by using Apple Pay. The balance is also funded by receiving cashback from an eezy card transaction.
It is advised to only add funds to the “eezy balance” to cover the amount of a specific purchase price.
Refund:Upon explicit request, eezy will issue a refund of funds unused in the “eezy balance” only to the original account from which they were transferred.
Cancel the eezy payment services
Terminate the eezy card: The user can terminate his eezy card anytime through his eezy app. A termination of the eezy card will immediately close the “eezy balance” and trigger a refund of funds unused in the “eezy balance” only to the original account from which they were transferred.
Closing your balance: We may refuse to authorise any card transaction or may close or suspend your “eezy balance” or any “eezy card” at any time if we believe, in our sole discretion, that you or your “eezy balance” present an unacceptable level of financial, reputational or regulatory risk, or we have been directed to do so by the Issuer. We may require you to provide financial and other information we deem necessary, including any information we need to comply with legal or regulatory requirements and our internal policies and procedures. If we do, you agree to provide the information to us.