“ Electronic Money” : A monetary value representing a claim on the issuing institution, i.e. " Transaction” : transactions performed via the Wave service “ Customer” or “ Holder” or “ Subscribe r” or “ User ”: any mobile phone user who chooses to use the Wave service “ Wave Agent ” : A sub-distributor service provider duly authorized by Wave Transfer Limited “ Wave Money” : Electronic money issued and by distributed by Wave UG The word “ Wave” refers to the name of the mobile application The words “ Wave UG ”, “ us ” and “ our ” designate WAVE TRANSFER LIMITED, a company registered in UGANDA The words “ you ” and “ your ” refer to the person who accepts the terms and conditions of this Agreement. The continuation of the use of the Wave service after the amendment of these GCUs will be considered as tacit acceptance of the changes made by Wave UG. These can be modified if necessary by Wave UG with authorization from the Bank of Uganda.
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The Customer’s subscription to the Wave service or the download of the Wave mobile application implies acceptance of these General Terms and Conditions of Use. If you do not agree to the terms and conditions of this Agreement set out below, please do not access the Wave app. The act of registering and using the Wave application means that you expressly agree to be bound by this Agreement. These terms and conditions of use form a “standard form contract” between Wave Transfer Limited and the User of the Wave App. By accessing and using the Wave electronic money application, you agree to the terms and conditions of this Agreement.
These conditions affect your rights and it is your responsibility to read them carefully. The Agreement defines the conditions under which Wave UG will provide Electronic Money services and mobile applications to you upon request. The Wave GCU are hereinafter referred to as “the Agreement”. The user of the Wave service, hereinafter referred to as the Customer, expressly undertakes to comply with these General Terms and Conditions of Use of such service, as well as all their subsequent amendments that may occur under the use of the Wave service after authorization from the Bank of Uganda. Wave UG will issue Electronic Money and enter into contracts with the network of sub-agents and merchants it will canvass. Wave UG provides the technical platform and a network made up of sub-agents and merchants, for the management of business operations and the distribution of electronic money through the “Wave” service. The purpose of these general conditions of use hereinafter the “GCU” is to define the terms of use of the “Wave” service, offered by WAVE TRANSFER LIMITED, a private limited liability company under the Ugandan law, hereinafter referred to as Wave UG.
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