Paynovate definition
Examples of Paynovate in a sentence
Paynovate restores the Account to the state in which it would have been if the Unauthorized Payment Transaction had not taken place.
Paynovate has the right to terminate the Agreement giving at least two (2) months’ notice to the Client by post or email, at the last communication address declared by the Client or by another durable medium.
Paynovate reserves the right to request any other document or additional information if deemed necessary to meet its vigilance obligations in the sense of the fight against money laundering and the financing of terrorism.
If Paynovate is unable to recover funds, the Client may request Paynovate to provide any relevant information it has in order to document its legal recourse to recover the funds.
The power of attorney will only take effect upon receipt by Paynovate of the duly completed form and the required supporting documents.
In the event of acceptance of the opening of the Payment Account, an email of confirmation will be sent by Paynovate to the Client.
Paynovate has also the right to request the Client to fill in and periodically update the Client’s questionnaire.
To start using Paynovate Services, the Client has to register in the System.
The Client identification procedure, confirmation of the Profile, and provision of new Services is performed in order to ensure the protection of the interests of the Client and Paynovate.
The User must follow any strong authentication procedure requested by Paynovate.