User
Agreement
This Prepaid Card Agreement (the "Agreement") is entered into as of [Date], by and between [Issuer] ("Issuer"), a [state] corporation, and [Client] ("Client"), an individual, (collectively, the "Parties"). This Agreement sets forth the terms and conditions governing the issuance, use, and management of the prepaid card ("Card") provided by Issuer to Client.
1. Issuance of
the Card
1.1 Issuer agrees to issue the Card to Client upon receipt of a completed application and any required identification, subject to approval in accordance with Issuer's policies and applicable law.
1.2 The Card is a prepaid card that allows the Client to access the funds loaded onto the Card. It is not a credit card, nor is it connected to a checking or savings account.
2. Loading and
Reloading of
the Card
2.1 Client may load funds onto the Card using methods specified by Issuer, such as direct deposit, cash deposit, or online transfer.
2.2 Client may reload funds onto the Card at any time, subject to the limits established by Issuer and applicable law.
2.3 Client understands and agrees that the Card is subject to a maximum balance limit as determined by Issuer and that any amounts loaded or reloaded in excess of this limit may be declined or returned.
3. Fees
3.1 Client agrees to pay any fees associated with the Card, as detailed in the Fee Schedule provided by Issuer, including but not limited to activation, monthly maintenance, reload, ATM, and transaction fees.
3.2 Issuer reserves the right to change the Fee Schedule at any time, with notice to Client as required by applicable law.
4. Use of the
Card
4.1 Clients may use the Card to make purchases or obtain cash from ATMs, subject to the available balance and any applicable fees.
4.2 Client agrees not to use the Card for any unlawful activities or purposes, including but not limited to gambling, money laundering, or fraud.
4.3 Client is responsible for keeping the Card, Card number, and personal identification number (PIN) secure and confidential.
5.
Unauthorized Transactions and Liability
5.1 Client agrees to notify Issuer immediately of any unauthorized transaction or loss of the Card.
5.2 Client's liability for unauthorized transactions may be limited by applicable law, provided that Client has reported the unauthorized transaction to Issuer promptly.
5.3 Issuer may require Client to provide additional information or documentation regarding unauthorized transactions.
6.
Termination
and Expiration
6.1 This Agreement will remain in effect until terminated by either Party, subject to applicable law.
6.2 Issuer may terminate this Agreement and close the Card account if Client violates any terms of this Agreement or if required by law.
6.3 The Card will expire on the date printed on the front of the Card, and any remaining balance may be subject to applicable fees or may be transferred to a new card upon Client's request.
7. Governing
Law and Dispute Resolution
7.1 This Agreement shall be governed by and construed in accordance with the laws of the Turkiye, without regard to its conflict of law principles.
7.2 In the event of any disputes, controversies, or claims arising out of or relating to this Agreement, the Parties shall attempt to resolve the matter through negotiation. If the dispute cannot be resolved through negotiation, the Parties agree to submit the dispute to binding arbitration in accordance with the rules of the American Arbitration Association or another mutually agreed-upon arbitration provider.
8.
Miscellaneous
8.1 Entire Agreement: This Agreement constitutes the entire agreement between the Parties with respect to the subject matter hereof and supersedes all prior negotiation
