Refer a Friend (Referral) Program

Terms and Conditions

Version: 1.01

Last updated: October 22, 2020

  1. INTRODUCTION

These Terms and Conditions (“ Terms ”) constitute a public offer to you, the User of our Services, and us, btc2wire OÜ , a private company incorporated under the laws of Estonia with an activity license FVT000024 issued by the Estonian Politsei- ja Piirivalveamet with a registered address Pärnu mnt 41a 10151 Tallinn with a registered number 14915269 (“ Company ”, “ We ”).

These Terms only apply to the participation in the Company’s referral program, according to which you may refer us new Users and receive rewards for it (“ Referral Program ”). Any other Services offered by the Company shall be regulated by the TO THE MOON PAYMENTS Terms of Use, which are available at https://ttmbank.com/terms-and-conditions/  (“ Master Terms ”). Terms and definitions shall have the same meaning as in the Master Terms unless stated otherwise. In case of any discrepancies between these Terms and the Master Terms, the provisions of these Terms shall prevail.

By clicking the “I agree” button, you signify your acceptance of our offer contained in these Terms. Offer acceptance is saved in an electronic form in the Company’s database. Extracts from the Company’s database shall be used as evidence in disputes and litigations or for any other purposes to prove your acceptance of our offer.

  1. INTERPRETATION OF TERMS

2.1        In these Terms:

  1.  “Partner-User” shall mean a User who has decided to participate in the Referral Program of the Company, has accepted these Terms, and was approved by the Company.
  2. “Referral Program”  shall mean the Company’s referral program that rewards the Partner-Users with a reward for each Qualified Referred User’s Card purchase in case of a successful User Account opening with the Company by following a Referral Link.
  3. “Referred Potential User” shall mean an individual who was referred by the Partner-User by the means of the Referral Link, who is not yet a User of the Company.
  4. “Qualified Referred User” shall mean a Referred Potential User, who has successfully completed the registration with the Company ,  has an open User Account, and has purchased a Card (physical and/or virtual) .
  5. Referral Link”  shall mean either: a) a direct hyperlink (either a banner or a text link); or b) a randomly generated co d e, which is issued for the Partner-User by the Company under the conditions of these Terms. The Referral Link may be distributed by the Partner-User among individuals and is used to identify the Qualified Referred Users that were introduced to the Company by the Partner-User.
  6. “Reward” shall mean   a reward that the Partner-User receives onto his Card Account upon the successful registration of the Qualified Referred User with the Company ,  his p urchase of a Card (physical and/or virtual) and its activation .

  1. ELIGIBILITY
  1. To participate as a Partner-User in the Referral Program, you must meet the following requirements:
  1. You are an existing User who has met and maintains the Company’s User qualification requirements and has satisfied all the requirements of the Master Terms;
  2. You accept these Terms;
  3. Participation in the Referral Program is not prohibited by any law applicable to you and you acknowledge and agree that compliance with any of the applicable law shall be your personal responsibility.
  1. Any User participation in this Referral Program will be subject to User’s approval by the Company. The Company shall approve Users to whom distribute Referral Links at its own discretion.
  2. This Referral Program only applies to individuals.
  3. This Referral Program is not available in any of the jurisdictions where the Referral Program or similar programs are prohibited.

  1. SPECIFIC PROGRAM TERMS
  1. Participation in the Referral Program
  1. Users may participate in the Referral Program by becoming Partner-Users of the Company and meeting the eligibility criteria, following the Company’s instructions, and referring as many individuals as they want to, to the Company via the Referral Link, issued to them following the procedure established by the Company, and complying with these Terms. The issue of the Referral Link by the Company shall signify the approval of your participation in the Referral Program.
  2. Referred Potential Users, who have received the Referral Link from the Partner-User, may participate in the Referral Program by completing the registration with the Company via the Referral Link and becoming Qualified Referred Users, after which they may become Partner-Users.

B)   Earning the Reward

  1. For every Qualified Referred User referred, the Partner-User is entitled to receive a Reward, provided the Partner-User followed these Terms, Master Terms, and the Applicable Law when referring the Qualified Referred User.
  2. The Reward shall equal to 10% of the price of the Card, purchased by the Qualified Referred User. The R eward shall be paid for both the first physical and the first virtual Card purchased by the Qualified Referred User.
  3. Rewards are automatically credited to the Partner-User’s Card Account upon successful activation  of the Card (physica l and/or virtual) by  the Qualified Referred User and shall be denominated in virtual currencies. If the Qualified Referred User has purchased, but has not activated the Card, there shall be no Reward paid.
  4. We reserve the right to disqualify any Partner-User at any time at our sole discretion from participation in the Referral Program if such a Partner-User does not comply with any of these Terms, Master Terms, or the Applicable Law that may apply, without specifying the reasons for such.
  5. We reserve the right to forfeit, withdraw or withhold the Reward amount(s) at any time; or where the offer has been awarded and/or utilized to reclaim and/or deduct the Reward amount(s) from the Partner-User Card Account, if any Qualified Referred User is discovered to be ineligible for to receive the Services of the Company for any reason.

  1. INTELLECTUAL PROPERTY
  1. Intellectual property objects such as trademarks, design elements, text, graphics, illustrations, videos, scripts, programs, music, sounds, and other objects and their selections, are the objects of intellectual property owned or licensed by the Company.
  2. Other than with respect to materials provided to you in connection with your participation in the Referral Program, your status as a Partner-User does not entitle you to use any of the intellectual property owned by the Company at any time unless otherwise permitted by the Applicable Law.
  3. Distribut ion or otherwise making available to the public information about the Company or its Services, as well as the use of its Intellectual property that construes the distribution of disinformation, defamatory statements, or misrepresentations is strictly prohibited and the Company reserves the right to terminate your User Account for such at any time at its sole discretion.
  4. Any use of the VISA logotype or other elements of visual identification in connection with the Services or the Referral Program is strictly prohibited.
  5. You should not publicly demonstrate or otherwise make available to other persons information, connected to your Card Account (including but not limited to Card’s number (or its part), expiration date, CVV number) otherwise than to make payments with your Cards.

  1.  PRIVACY; USE OF INFORMATION
  1. The User acknowledges that if they choose to participate in the Referral Program and become a Partner-User, they may be required to submit to the Company certain information as reasonably requested by the Company.
  2. The User’s participation in the Referral Program constitutes permission for the Company to use a User’s first and last name, profile information, email address for notifying the Partner-User about changes in the Referral Program, and other relevant to the Referral Program information.
  3. Personal Data will be collected, processed, and used in accordance with the Company’s Privacy Policy, which is available at https://ttmbank.com/privacy-policy/ .  

  1. INDEMNIFICATION; LIABILITY
  1. By participating in the Referral Program, Partner-Users agree to release and hold harmless the Company from any claim, demand, damage, loss, liabilities, costs, or expenses (including legal fees, fines or penalties) caused by, arising out of, in connection with, or related to their breach of any applicable law or regulation and/or participation in the Referral Program.
  2. The Company shall not be liable for:
  1. late, lost, delayed, stolen, misdirected, incomplete unreadable, inaccurate, garbled or unintelligible entries, communications or affidavits, regardless of the method of transmission;
  2. telephone system, telephone or computer hardware, software or other technical or computer malfunctions, lost connections, disconnections, delays or transmission errors;
  3. data corruption, theft, destruction, unauthorized access to or alteration of entry or other materials;
  4. any injuries, losses, or damages of any kind resulting from the acceptance, possession or use of a Reward, or from participation in the Referral Program;
  5. any printing, typographical, administrative, or technological errors in any websites or materials associated with the Referral Program;
  6. holding, using and alienating virtual currencies, Rewards or Cards to which it is credited.
  1. The Company shall not be liable to any Partner-User for failure to provide a Reward, by reason of any acts of God, any action(s), regulation(s), order(s) or request(s) by any governmental or quasi-governmental entity (whether or not the action(s), regulations(s), order(s) or request(s) prove(s) to be invalid), equipment failure, threatened terrorist acts, terrorist acts, air raid, blackout, an act of public enemy, earthquake, tornado, tsunami, war (declared or undeclared), fire, flood, epidemic, explosion, unusually severe weather, hurricane, embargo, labor dispute or strike (whether legal or illegal), labor or material shortage, transportation interruption of any kind, work slow-down, civil disturbance, insurrection, riot, or any other similar or dissimilar cause beyond the Company’s control.
  2. Under no circumstances will the Partner-Users be entitled to any claim for losses or damages, and the Partner-Users hereby waive all rights to claim punitive, incidental, consequential, and any other damages, and waives any and all rights to have damages multiplied or otherwise increased.
  3. Partner Users agree not to use the Referral Program to:
  1. violate the Applicable Law;
  2. infringe the intellectual property rights of the Company or any third parties;
  3. stalk, harass, or harm another individual or use the Referral Program in any way that may be offensive to another individual;
  4. collect or store personal data about other Partner Users, other than as set forth in these Terms;
  5. impersonate any person, or otherwise misrepresent Referred Potential User’s identity;
  6. interfere with, disrupt or violate the Terms or servers or networks connected to the Referral Program; or disobey any requirements, procedures, policies, or regulations of such networks;
  7. attempt to gain unauthorized access to the Referral Program, or to other accounts, computer systems, networks, critical information technology infrastructure components, connected to the Referral Program;
  8. transmit any file that contains viruses, worms, Trojan horses, or any other contaminating or destructive features;
  9. interfere with another User’s use of the Referral Program;
  10. use the Referral Program to conduct any activity or solicit the performance of any illegal activity or other activity that infringes the rights of others;
  11. resell, barter, trade, auction, or otherwise generate income by providing access to the Referral Program to others.
  1. Without prejudice to the foregoing, the Partner-User acknowledges that they remain solely responsible for the usage of the Referral Link and that the distribution of the Referral Link to the individuals remains in respects at his option; the Partner-User hereby understands that the Company undertakes no responsibility whatsoever.
  2. Any distribution of the Referrer link that could constitute unsolicited commercial email or "spam" under any applicable law or regulation thereof and is expressly prohibited, a breach of which will constitute grounds for immediate termination of a Partner-User’s Account.
  3. Creating multiple Card Accounts and misrepresentation of other persons in order to receive Rewards is strictly prohibited.
  4. Any way of attempting to undermine the fairness, integrity, or legitimate operation of the Referral Program by cheating, hacking, deception, or any other unfair playing practices of intending to annoy, abuse, threaten or harass any participants, clients, Referred Potential Users or representatives of the Company reserves the rights to immediately terminate the Partner-User’s participation in the Referral Program at any time without specifying the reasons for such.
  5. The Company reserves the right to disqualify any Partner-User and/or cancel any Reward(s) where it is proven that any Partner-User has registered with multiple or fake emails addresses or Card Accounts, use fictitious identities or use any system, bot or other device or artifice to participate in the Referral Program or receive a Reward at any time without specifying the reasons for such.
  6. Any attempt to deliberately damage or undermine the legitimate operation of the Referral Program leading to a violation of criminal and civil law may cause immediate termination of the Partner-User’s participation in the Referral Program. Should such an attempt be made, the Company reserves the right to seek remedies and damages (including attorney fees) to the fullest extent of the law, including criminal prosecution.

  1. MISCELLANEOUS
  1. These Terms and Conditions shall be governed by and interpreted in accordance with the laws of Estonia (“ Applicable Law ”).
  2. If any relations on the use of the Referral Program are not regulated by these Terms, they shall be regulated by the Master Terms and the Applicable Law.
  3. Any disputes, controversies, or claims shall be attempted to be settled by the means of negotiations. Should they be unsuccessful in 30 days from their commencement – they shall be resolved by competent judicial authorities under the Applicable Law
  4. If any part of these Terms is found by a court of competent jurisdiction to be invalid, unlawful, or unenforceable then such part shall be severed from the remainder of the Terms, which shall continue to be valid and enforceable to the fullest extent permitted by law.
  5. The Company’s failure to enforce any term of these Terms shall not constitute a waiver thereof.
  6. The Company reserves the right to make changes or additions to these Terms at any time and shall post an updated version of them on the Website.
  7. Should you have any comments, questions, or complaints, please contact the Company [email protected] .