Transcription of MANGOPAY PAYMENT SERVICES FRAMEWORK AGREEMENT
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1 MANGOPAY PAYMENT SERVICES FRAMEWORK AGREEMENT General Terms and Conditions of Use for PAYMENT SERVICES Version as of 1 September 2021 Concluded between: The customer, whether a legal person or a natural person registered with the Commercial and Companies Registry (or with the national trade register or any equivalent professional body) in a Member State of the European Union or in a State party to the European Economic Area or in a third country imposing equivalent obligations regarding the fight against money laundering and the financing of terrorism, acting on its behalf exclusively for professional purposes (commercial, industrial, craft or freelance professions), hereinafter referred to as the Account Holder or Professional Account Holder , or The customer, a natural person residing in a Member State of the European Union or in a State party to the European Economic Area or in a third country imposing equivalent obligations regarding the fight against money laundering and the financing of terrorism, acting on its behalf exclusively for non-professional purposes, hereinafter referred to as the Account Holder or Consumer Account Holder , on the one hand, and MANGOPAY SA, a limited liability company under Luxembourg law, having its registered office at 2, Avenue Am lie, L-1125 Luxembourg and registered with the Luxembourg Commerce and Compani
3 “Payment Transaction” means a periodic or one-off transfer, ordered by the Account Holder, or by any authorised representative, debiting the Payment Account. “Payment Order” means the instruction given by the Account Holder to the Service Provider in accordance with the procedure set out in the Framework Agreement to carry out a Payment Transaction.
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