Common use of Spending Clause in Contracts

Spending. a. You may use or redeem your Celbux balance or a Celbux Voucher as payment for the supply of goods or services by the Merchant (“spend”) from your Wallet by: i. providing the Celbux Voucher number (generated by the Celbux system) verbally to the cashier of a Merchant; ii. physically capturing the Celbux Voucher number onto a Merchant’s sales system; or iii. entering the Merchant’s QP Code into your phone via USSD (if the Merchant uses Celbux via USSD). b. The balance of the funds following a partial spend of that Celbux Voucher at a Merchant, will remain on a Celbux Voucher. c. You can only use the Service to spend the value of the Celbux Voucher contained in your Wallet. For clarity, a spend transaction will only be processed through the Service to the extent that, at the time the transaction is requested, your Wallet contains value in an amount not less than that of the proposed transaction. The Service does NOT include the provision of credit facilities and if you attempt to spend more than the value available in your Wallet, the attempted spend transaction will be refused. d. A spend transaction for the provision of the goods and/or services is contracted between you and the Merchant. No liability accrues to Celbux in respect of any such transaction.