USING THE FACILITY. 12.1 You may only utilize your Facility to complete the following transactions on Airtel Money via USSD and any other channel which may be added in future (hereinafter “Permitted Transactions”) to the extent that funds available on your Airtel Money Account would otherwise be inadequate to complete payment for the Permitted Transaction: 12.1.1. to send money to registered Airtel Money customers; 12.1.2. To make payments via Merchant Transactions “Lipia Bili” transactions. We may from time to time add or withdraw the Permitted Transactions; 12.1.3. To purchase Airtime on your Airtel SIM; 12.1.4. To purchase Bundles on your Airtel SIM 12.1.5. To send money to a registered user on another telco network “▇▇▇▇ kwa mtandao mwingine”. 12.2 Your Facility will be applied strictly for completion of Permitted Transactions. 12.3 You accept that completion of the Permitted Transactions and all matters arising from or related to completion of the Permitted Transactions shall be strictly governed by the terms and conditions for the Airtel Money Service. 12.4 We reserve the right to vary the Fees payable thereon from time to time having regard to the prevailing rules and regulations and our policies provided that increase of fees and charges will be affected thirty (30) days after issuance of a notice of the intended increment.
Appears in 1 contract
Sources: Terms and Conditions
USING THE FACILITY. 12.1 You may only utilize your Facility to complete the following transactions on Airtel Money via USSD and any other channel which may be added in future (hereinafter “Permitted Transactions”) to the extent that funds available on your Airtel Money Account would otherwise be inadequate to complete payment for the Permitted Transaction:
12.1.1. to send money to registered Airtel Money customers;
12.1.2. To make payments via Merchant Transactions “Lipia Bili” transactions. We may from time to time add or withdraw the Permitted Transactions;
12.1.3. To purchase Airtime on your Airtel SIM;
12.1.4. To purchase Bundles on your Airtel SIM
12.1.5. To send money to a registered user on another telco network “▇▇▇▇ kwa mtandao mwingine”.
12.2 Your Facility will be applied strictly for completion of Permitted Transactions.
12.3 You accept that completion of the Permitted Transactions and all matters arising from or related to completion of the Permitted Transactions shall be strictly governed by the terms and conditions for the Airtel Money Service.
12.4 We reserve the right to vary the Fees payable thereon from time to time having regard to the prevailing rules and regulations and our policies provided that increase of fees and charges will be affected effected thirty (30) days after issuance of a notice of the intended increment.
Appears in 1 contract
Sources: Loan Agreement