Terms and Conditions

*This one-time card issuing fee will be charged from your WestStein account once you receive your card, activate it and add funds to it.

Valid as of 13th January 2018

Important Information

These are the terms & conditions of the agreement between us, Prepaid Financial Services Ltd, 5th Floor, Langham House, 302-308 Regent Street, London, W1B 3AT and you, the Customer entering into the agreement (“this Agreement”). Please read this Agreement carefully before activating or using your card or account. The terms of this Agreement and fees shall apply to all Customers. Activation of your card is deemed as your acceptance of this agreement. The term of this agreement is from activation of your card to the expiry date of your card, unless otherwise stated in the conditions of this agreement.

1. Definitions & Interpretation

In this document, if we use words that start with a capital letter, that means the word has been defined in this ‘Definition & Interpretation’ section.

“Account” a non-deposit non-interest bearing pre-paid electronic account associated at times to a Card which is maintained for the sole purpose of enabling Transactions;

“Additional Cardholder” where applicable a person who holds a Secondary Card;

“Authorised” act of authorising a Transaction by using the Card together with (i) the PIN Code or with (ii) the CVC Code and expiry date or with (iii) the signature of the Cardholder;

“ATM” An automated teller machine is an electronic telecommunications device that enables Customers to perform financial transactions, particularly cash withdrawal, without the need for a human cashier, clerk or bank teller. Most ATMs identify the Customer by the Customer inserting the Card with a magnetic stripe or a plastic smart card with a chip that contains a unique card number and security information such as an expiration date or CVC2 or CVV. Authentication is provided by the customer entering a personal identification number (PIN).

“Available Balance” the value of unspent funds loaded onto your Account and available to use;

“BIC code(s)” Bank Identifier Code means a standard format code managed by SWIFT now called Business Identifier Codes (BIC) which is used to uniquely identify banks and financial institutions globally – it who and where they are. This code is used when transferring money between banks, in particular for international wire transfers or SEPA payments.

“Business Day” Monday to Friday, 0900hrs to 1700hrs GMT, excluding bank and public holidays in the UK

“Card” a physical device bearing electronically stored monetary value as represented by a claim against Prepaid Financial Services; and/or a physical or digital mechanism providing access to an Account which is issued by Prepaid Financial Services for the purpose of enabling Transactions

“Customer” the person who has applied successfully for a Payment Service and who has been issued at least one Card by us for Card payments or IBAN account details. The Customer is the legally and financially responsible person to whom we provide the Payment Services;

“SEPA Transfer Payment (STP)” A facility available for UK registered Accounts only whereby an instruction from Customer is sent to Prepaid Financial Services, authorising an organisation you wish to pay, to collect varying amounts from your account at periodic intervals.

“EEA” The European Economic Area provides for the free movement of persons, goods, services and capital within the internal market of the European Union (EU) between its 28-member states, as well as three of the four-member states of the European Free Trade Association (EFTA): Iceland, Liechtenstein and Norway.

“Customer Due Diligence” level of the Know your Customer requirements where we must collect proof of identification and proof of residence of cardholders.

“E-money” Electronic money is monetary value, the digital equivalent of cash, issued by an e-money institution and stored on or allocated to an electronic device issued and usable for payments.
“E-Wallet” A payment account issued by Prepaid Financial Services in favour of certain Customers, mostly corporate, permitting the receipt of funds for the loading of Cards and manage Card program related expenses.

“Fee” the price paid by you for the Payment Services

“IBAN” An IBAN, or International Bank Account Number is part of a new international standard that has been adopted as part of the SEPA (Single Euro Payments Area) agreement. IBAN) is an internationally agreed system of identifying bank accounts across national borders to facilitate the communication and processing of cross border transactions with a reduced risk of transcription errors. It has been implemented by most European countries and many countries in the other parts of the world,

“Know Your Business” (KYB) Know Your Business due diligence checks on corporate entities, their directors and beneficial owners as per Anti-Money Laundering regulatory requirements

“Know Your Customer” (KYC) personal due diligence checks as per Anti-Money Laundering regulatory requirements

“Limitation Period” Where applicable means the period of 6 years following termination of this Agreement;

“Merchant” a retailer or any other person that accepts e-money by virtue of a Merchant account with an acquirer or a payment services provider.

“Payment Services” means all payment and e-money services and any related services available to the Customer through the use of the Account and/or Card;

“Payment Services Directive 2” (PSD2) means EU Directive 2015/2366 relating to payment services as amended or replaced from time to time and transposed into law as the Payment Services Regulation 2017.

“Payment Initiation Service Provider” (“PISP”) is a party which initiates a payment order requested by you, in relation to your account held at a Payment Service Provider

“SEPA” the Single Euro Payments Area (SEPA) is a payment integration initiative of the European Union to help simplify the process of bank transfers

“Simplified Due Diligence” a means of self-certification for the registration of personal details associated with a Card or Account [SDD]. SDD Cards are subject to lower annual load and ATM limits

“SWIFT” The Society for Worldwide Interbank Financial Telecommunication provides a network that enables financial institutions worldwide to send and receive information about financial transactions in a secure, standardised and reliable environment

“Secondary Card” where applicable any secondary card which is issued to an additional person any time after the successful registration of a Primary card or Account;

“Systems and Schemes” the Scheme being Mastercard or Visa as shown on your Card or Account; Systems being the processor.

“Transaction” realising or attempting to makea payment, or a purchase of goods or services from a Merchant where payment is made (in whole or in part) by use of the Payment Services, including where payment is made over the internet or by phone

“we”, “us” or ‘our” Prepaid Financial Services Limited as the e-money issuer and regulated entity;

“you” or “your” The Customer and/or any person or third-party provider authorised by you, for use in accordance with these Terms and Conditions

2. Contact Us

Your Card or Account can be managed online at www.weststeincard.com  or via email to cardservices@weststeincard.com or by phone to +44 (0) 207 127 5093. To report your Cards lost or stolen please call +44 (0)207 127 5093 or email cardservices@weststeincard.com . At any time during the contractual relationship you shall have the right to receive, on request, these terms and conditions free of charge.

3. Your Agreement With Us

3.1.         The issuer for Your WestStein Prepaid Mastercard Card and provider of the Payment Services is Prepaid Financial Services Limited (PFS). PFS is registered in England and Wales under Company Registration Number is 6337638. Registered Office: 5th Floor, Langham House, 302-308 Regent Street, London, W1B 3AT.

3.2.         PFS is authorised and regulated as an e-money issuer by the Financial Conduct Authority registration number 900036.Details of the PFS authorisation licence by the Financial Conduct Authority is available on the public register at https://register.fca.org.uk/ShPo_FirmDetailsPage?id=001b000000m4IX9AAM

3.3.         Prepaid Financial Services Limited acts as the programme issuer.

3.4.         WestStein SIA is the programme manager. WestStein is registered in Latvia with registered office Mukusalas str. 41, Riga, Latvia, LV-1004.

3.5.         Prepaid Financial Services Limited is licensed as a principal member with the Mastercard Scheme. Mastercard is a registered trademark of Mastercard International Incorporated.

3.6.         These terms and conditions govern the relationship between us and you for the provision of the Payment Services by us to you. This Agreement also contains important information that may affect your ability to recover your money. By activating your Account, you shall be deemed to have accepted and fully understood the terms and conditions set out in this Agreement and you agree to comply with these by your use of the Card and/or by indicating your acceptance.

3.7.         Your Card is not a credit card and is not issued by a bank. Regardless of the type of Card(s) you have, you will have only one Account where your Available Balance is located.

3.8.         Your Payment Services may not be activated unless we have been provided with the required information so that we may identify you and can comply with all applicable KYC and anti-money laundering requirements. We shall keep records of such information and documents in accordance with all applicable legal and regulatory requirements.

3.9.         Reference to a currency (e.g. Euros € or Sterling £) shall mean that amount or the local currency equivalent in which your Card is denominated.

3.10.      Any Transaction on your Card in a currency other than the currency in which your Card is denominated, will require a currency conversion using a foreign exchange rate, which will be deducted from your account. The exchange rate will change from time to time and is available on our website https://prepaidfinancialservices.com/en/exchange-rates

3.11.      The Available Balance on your Card and/or Account will not earn any interest.

3.12.      The Payment Services are prepaid payment services and not a credit or bank product, you must therefore ensure that you have a sufficient Available Balance to pay for each purchase, payment that you make using the Payment Services (including value added tax and any other taxes, charges and fees that are applicable). If for any reason a Transaction is processed, and the Transaction amount exceeds the Available Balance, you must repay us the amount of such excess immediately and we shall be entitled to stop any existing or subsequent Transactions from proceeding.

3.13.      This Agreement does not give you any rights against the Systems and or Schemes, its affiliates or any third party.

3.14.      Only persons over 18 years of age are entitled to register for the Payment Services.

4. Service Limits & SEPA Transfer Payment (STP)

4.1          Transactions may be restricted by Card or Account type, individual usage patterns and payment risk profiles. For anti-money laundering and anti-fraud reasons we reserve our rights to change particular payment restrictions (including from those published or included herein) without notice and to the extent required to meet our regulatory obligations.

4.2          Simplified Customer Due Diligence may be restricted to domestic ATM access, along with reduced annual maximum load limits and capped annual withdrawal limits. These limits will be subject to Scheme and regulatory requirements.

4.3          When sending funds to your account with us, we recommend that senders use the SEPA transfer payment method to send funds to your individual account associated IBAN. If this is not an available option, you are responsible for checking all of the details and references when sending funds as we will not be responsible to do so or for any delays caused by this.

4.4          We cannot be held liable for the payment process or fees associated with bank(s) and or intermediary bank(s) to process payments from you to us. Any fee(s) charged to us, not limited to receiving, processing or crediting a payment for you will be deducted by us before crediting the remaining balance to you.

4.5          You are responsible for checking and confirming payment details and fees before making a payment to us.

4.6          PFS will credit payments received to your account at least once a day and before the end of the Business Day. Payments received after the cut off period will be processed the next Business Day and you will hold PFS free and clear from any responsibility is this regard.

4.7          E-Wallets accounts that are allocated to corporate clients are subject to KYB approval.  Funds will be received and automatically credited to the E-Wallet corporate account.

4.8      PFS reserve the right to suspend the E-Wallet service for misuse.

4.9      Corporate clients will be responsible for sending PFS evidence of source of funds in order for us to meet our regulatory requirements.

4.10       Where so enabled you may change your PIN at select ATM’s subject to a Fee.

4.12       You may incur a charge for unpaid STPs if there are not enough funds in your account to pay an incoming STP request

4.13       You accept responsibility for cancelling any STP on your Account with the originator directly. PFS and WestStein SIA will not be able to do this on your behalf and cannot accept liability for any losses due to late or non-cancellation

5. Use of the Services

5.1.         You may access your account information by logging into your account through our website. From here you will be able to view details on your Transactions, including dates, currencies, charges or exchange rates applied. This information is accessible at any time and can be stored and reproduced as necessary.

5.2.         You can use the Payment Services up to the amount of the Available Balance for Transactions at Merchants of the relevant System up to the amount of the balance. If the Available Balance is insufficient to pay for a Transaction, some Merchants will not permit you to combine use of a Card or Account with other payment methods.

5.3.         The value of each Transaction and the amount of any fees or charges payable by you under this Agreement will be deducted from the Available Balance.

5.4.         Once a Transaction is Authorised, it may not be withdrawn (or revoked) by you after the time it is received by us. A Transaction will be deemed to have been received by us at the time you Authorise the Transaction as follows:

i. for purchases and ATM Transactions, at the time we receive the Transaction instruction from the merchant acquirer or ATM operator, and
ii. for other Transactions which are communicated directly to us, at the time you ask us to complete the Transaction.

5.5.         Where a revocation of an Authorised payment is agreed between us and you, we may charge a fee for revocation.

5.6.         Within the EEA we will ensure transfer of the payment to the payment service provider of the Merchant within three Business Days. If the payment service provider of the Merchant is located outside the EEA, we will effect payment as soon as possible.

5.7.         In order to protect you and us from fraud, Merchants will seek electronic authorisation before processing any Transaction. If a Merchant is unable to get an electronic authorisation, they may not be able to authorise your Transaction.

5.8.         We may refuse to authorise any use of the Payment Services which could breach these terms and conditions or if we have reasonable grounds for suspecting that you or a third party have committed or are planning to commit fraud or any other illegal or un-permitted use of the Payment Services.

5.9.         Your ability to use or access the Payment Services may occasionally be interrupted, for example if we need to carry out maintenance on our Schemes. Please contact Customer Services via our website to notify us of any problems you are experiencing using your Card or Account and we will endeavour to resolve any problem.

5.10.      Where applicable, you may apply to us for up to 3 Secondary Cards, for use by Additional Cardholders on your account. Additional Cardholders for whom you are legally responsible must be 13 years of age or older. All other Additional Cardholders must be 18 years of age or older. It is a condition of any registration for a Secondary Card that you, as the Customer, acknowledge that we accept no responsibility or liability of any kind whatsoever for use of any Secondary Card by any Additional Cardholder for Transactions not Authorised by you. If you successfully register, we will send you a Secondary Card, for which we will charge an Additional Card Fee. Upon receipt of the Secondary Card, you may give the Secondary Card to the Additional Cardholder for their use, subject to:

i. you providing them with a copy of these terms and conditions (which will then bind use by both of you);
ii. the Secondary Card must only be used by that person;
iii. you retaining the Primary Card;
iv. you informing the Additional Cardholder that you have retained the Primary Card and that you are still able to use the Account;
v. us obtaining such further information and documentation in order to enable us to comply with all applicable KYC and anti-money laundering requirements.

5.11.      You will remain responsible for the use of the Payment Services, and for any fees and charges incurred by the Additional Cardholder(s), and you will continue to be regarded as the holder of any funds already or subsequently loaded on the Account. The use of a Card in relation to which an Additional Cardholder has been registered will be regarded as confirmation that you have provided the Additional Cardholder with these Terms and Conditions.

This section (6) only applies to cardholders who use third party providers, PISP or AISP, in accordance with PSD2

6. Access by Third Party Providers

6.1.         You may consent to regulated third party providers (PISPs or AISPs) accessing your account online to make payments or obtain information about balances or transactions on your card and/or account.

6.2.         The PISPs and/or AISPs must be appropriately registered and authorised in accordance with PSD2. You should check with the regulatory authority of the relevant country before giving consent.

6.3.         Any consent you give to a third-party provider is an agreement between you and it, we will have no liability for any loss whatsoever, as a result of any such agreement.

6.4.         Before giving consent, you should satisfy yourself as to what degree of access you are consenting to, how it will be used and who it may be passed on to.

6.5.         You should make yourself aware of any rights to withdraw the consent of access from the third party and what process they have in place to remove access.

6.6.         To the extent permitted by law or regulation and subject to any right to refund you may have under this Agreement, between you and us, we are not responsible for any actions that the relevant third party takes in relation to suspending or terminating your use of their service or for any resulting losses. We are also not responsible for, or a party to, any agreement that you enter into with any relevant third party. You should make sure that you read and comply with such agreement or other applicable policies and note that this Agreement will continue to apply including any services and our fees as stated.

6.7.         Where appropriate, we may deny access to your account, for any third party where we consider it to be a risk of money laundering or terrorism financing, fraud or other criminal activity. Should we need to take these actions and where possible, we will give reasons for doing so unless restricted by law or for internal security reasons.

7. Condition of Use at Certain Merchants

7.1.         In some circumstances we or Merchants may require you to have an Available Balance in excess of the Transaction amount. For example, at restaurants you may be required to have 15% more on your Card than the value of the bill to allow for any gratuity or service charge added by the restaurant or you.

7.2.         In some circumstances Merchants may require verification that your Available Balance will cover the Transaction amount and initiate a hold on your Available Balance in that amount, examples include rental cars. In the event a Merchant places a pre-authorisation on your Account, you will not have access to these funds until the Transaction is completed or released by the Merchant which may take up to 30 days.

7.3.         If you use your Card at an automated fuelling station, subject to Merchant acceptance, your Card may need to be pre-Authorised for a pre-determined amount in the relevant currency. If you do not use the whole pre-authorisation or do not have Available Balance to obtain a pre-authorisation, it is possible that the pre-Authorised amount will be held for up to 30 days before becoming available to you again.

7.4.         Some Merchants may not accept payment using our Payment Services. It is your responsibility to check the policy with each Merchant. We accept no liability if a Merchant refuses to accept payment using our Payment Services.

7.5.         In relation to any dispute between the you and a Merchant, provided you are able to satisfy us that you have already made all efforts to resolve the dispute with the relevant Merchant, we will attempt to assist you so far as is reasonably practicable. We may charge you a chargeback processing fee as referenced in the Fees & Limits Schedule provided to you, for any such assistance we may give you with any dispute. If there is an un-resolvable dispute with a Merchant in circumstances where the Card has been used for a Transaction, you will be liable for the Transaction and will have to resolve this directly with the relevant Merchant.

8. Managing & Protecting Your Account

8.1.         You are responsible for your Card, any Username, PIN number and Account passwords. Do not share your Card or Account security details with anyone.

8.2.         You must keep your Account, PIN, Username and Password safe, and separate from your Card or any record of your Card number and not disclose it to anyone else. This includes:

i. memorising your PIN as soon as you receive it, and destroying the post mail or other authorised communication used to transmit it to you;
ii. never writing your PIN on your Card or on anything you usually keep with your Card;
iii. keeping your PIN secret at all times, including by not using your PIN if anyone else is watching;
iv. not disclosing your PIN to any person.

8.3.         The user of the Card(s) must sign the signature strip on any Personalised Card immediately when received.

8.4.         The Payment Services may only be used by you.

8.5.         You must not give the Card to any other person or allow any other person to use the Payment Services. You must keep the Card in a safe place.

8.6.         Failure to comply with clause 8.2 may affect your ability to claim any losses in the event that we can show that you have intentionally failed to keep the information safe or you have acted fraudulently, with undue delay or with gross negligence. In all other circumstances your maximum liability shall be as set out below at clause 15.

8.7.         If you believe that someone else knows your Account or Card security details, you should contact us immediately.

8.8.         Once your Card or your Account has expired or if it is found after you have reported it as lost or stolen you must destroy your Card by cutting it in two, through the magnetic strip.

9. Identity Verification

9.1.         If you enter into Transactions over the internet, some websites require you to enter your name and address. In such cases you should supply the most recent address which has been registered with us by you as the Account address. The Account address is also the address to which we will send any correspondence.

9.2.         You must notify us within 7 days of any change in the Account address or your other contact details. You can notify us by contacting Customer Services who may require you to confirm such notification in writing. You will be liable for any loss that directly results from any failure to notify us of such a change as a result of undue delay, your gross negligence or fraud. We will need to verify your new Account address and shall request the relevant proofs from you.

9.3.         We reserve the right at any time to satisfy ourselves as to your identity and home address (for example, by requesting relevant original documents) including for the purposes of preventing fraud and/or money laundering. In addition, at the time of your application or at any time in the future, in connection with your Account, you authorise us to perform electronic identity verification checks directly or using relevant third parties.

9.4.         Cards are issued in accordance with regulatory limits and conditions. Full card limits are usage for cards can be found on our website.

10. Cancelling Services

10.1.      If you wish to cancel the Payment Services at any time, you must request cancellation online by informing us of your wish to cancel and to claim a refund of your unused funds by emailing us as specified in section 2 above. You must e-mail us from the e-mail address you provided when registering your Account. Our Customer Services department will then suspend all further use of your Payment Services.

10.2.      Once we have received all the necessary information from you (including KYC) and all Transactions and applicable fees and charges have been processed, we will refund to the you any Available Balance less any fees and charges payable to us, provided that:

i. you have not acted fraudulently or with gross negligence or in such a way as to give rise to reasonable suspicion of fraud or gross negligence; and
ii. We are not required to withhold your Available Balance by law or regulation, or at the request of the police, a court or any regulatory authority.

10.3.      Once the Payment Services have been cancelled, it will be your responsibility to destroy the Card(s) that were provided to you under the Payment Services.

10.4.      If, following reimbursement of your Available Balance, any further Transactions are found to have been made or charges or fees incurred using the Card(s) or we receive a reversal of any prior funding transaction, we will notify you of the amount and you must immediately repay to us such amount on demand as a debt.

11. Right to Cancel (“Cooling-Off’)

You have a right to withdraw from this Agreement under the following conditions:

11.1.      where you purchased the Payment Services then you have a “Cooling Off” period of 14 days beginning on the date of the successful registration of your Account, to withdraw from this Agreement and cancel the Payment Services, without any penalty but subject to deduction of any reasonable costs incurred by us in the performance of any part of the provision of services before you cancel. You must contact us within this 14-day period and inform us that you wish to withdraw from this Agreement and you must not use the Payment Services. We will then cancel the Payment Services and reimburse the amount of Available Balance on the Account to you. However, we reserve the right to hold Available Balance for up to 30 business days from receipt of your instructions before returning the balance, to ensure that details of all transactions have been received.

11.2.      After the Cooling Off period you may only cancel the Payment Services as described in clause 10 Above.

12. Expiry & Redemption

12.1.      Your Card has an expiry date printed on it. The funds on your Account will no longer be usable following the expiry date of the most recent Card that was issued under the Account (“Expiry Date”).

12.2.      The Payment Services and this Agreement shall terminate on the Expiry Date unless you request or are issued with a replacement Card prior to the Expiry Date in accordance with clause 13.4 or unless we otherwise agree to continue providing Payment Services to you following the Expiry Date.

12.3.      You may not use your expired Card after the Expiry Date.

12.4.      If a Card expires before your Available Balance is exhausted, you can contact Customer Services to request a replacement Card, provided you do so 14 days before the Expiry Date and subject to payment of a fee (where specified).

12.5.      Notwithstanding any Expiry Date your funds are available for redemption by contacting us at any time before the end of the 6 years Limitation Period. After the 6 years Limitation Period your funds will no longer be redeemable to you.

12.6.      Provided that your request for redemption is made less than 12 months following the Expiry Date redemption will not incur any Late Redemption Fee. In the event that you make a request for redemption more than 12 months after the Expiry Date and before termination of the contract an Account Closure Fee may be charged (where specified).

12.7.      We reserve the right to issue you with a replacement for an expired Card even if you have not requested one. If you have not requested a replacement Card, you will not be charged a Card Replacement Fee.

12.8.      We shall have the absolute right to set-off, transfer, or apply sums held in the Account(s) or Cards in or towards satisfaction of all or any liabilities and fees owed to us that have not been paid or satisfied when due.

12.9.      We shall have the absolute right to close your account and submit a chargeback claim if your account is in negative standing for more than 60 days. If our chargeback is successful, funds may only be used to credit your card or account and your account will remain closed.

13. Termination or Suspension of Your Account

13.1.      We may terminate your use of the Payment Services with prior notice of at least 2 months.

13.2.      Your use of the Payment Services will be terminated following the Expiry Date in accordance with clause 12.2

13.3.      We may terminate or suspend, for such period as may reasonably be required, your use of the Payment Services at any time, without prior notice:

i. in the event of any fault or failure in the data information processing system;
ii. if we reasonably believe that you have used or are likely to use the Payment Services, or allow them to be used, in breach of this Agreement or to commit an offence;
iii. if any Available Balance may be at risk of fraud or misuse;
iv. if we suspect that you have provided false or misleading information;
v. By order or recommendation of the police or any relevant governmental or regulatory authority.

13.4.      If any Transactions are found to have been made using your Card after any action has been taken by us under clause 13.1, you must immediately repay such amounts to us.

14. Lost or Theft of Your Card

14.1.      You are responsible for protecting your funds as if they were cash.

14.2.      You should treat your funds like cash in your wallet and look after it accordingly. If you lose your card or it is stolen you may not be able to recover the funds on your account in just the same way as you would usually not be able to recover cash which you lose, or which is stolen from you.

14.3.      If your Card is lost or stolen or if you think someone is using the Payment Services without your permission or if your Card is damaged or malfunctions:

i. you must contact us as soon as possible and you must provide us with your Account or Card number and either your Username and Password or some other identifying details acceptable to us so that we can be sure we are speaking to you; and
ii. Provided we have obtained your consent to close the Account, we will then provide you with a replacement Card with a corresponding new Account loaded with an amount equivalent to your last Available Balance.

14.4.      You will be liable up to a maximum of the first €50/£35 of losses arising from any unauthorised Transactions that take place prior to your notifying us of the loss or theft. If our investigations show that any disputed transaction was Authorised by you, or you have acted fraudulently or with gross negligence (for example by failing to keep your Prepaid Card or PIN secure), we may reverse any refund made and you may be liable for any loss we suffer because of the use of the Prepaid Card. You will not be held liable for any losses once you have notified us of loss or theft within 13 months of the date of the transaction or unless we reasonably determine that you have acted in accordance with clause 15.1.ii. – in which case you shall be liable for all losses.

14.5.      Once we have been notified of any loss or theft, we will suspend the Payment Services as soon as we are able, to limit any further losses. We can only take steps to prevent Unauthorised use of the Payment Services if you can provide us with the Account or Card number and Username and Password or if you can produce sufficient details to identify yourself and the relevant Account.

14.6.      Replacement Cards will be posted to the most recent Account address registered by the Cardholder. Failure to provide the correct address will result in a Card Replacement Fee.

14.7.      If you subsequently find or retrieve a Card that you have reported lost or stolen, you must immediately destroy the found Card by cutting it in half through the magnetic stripe and chip.

14.8.      You agree to help us, our agents, regulatory authorities and the police if your Card is lost, stolen or if we suspect that the Payment Services are being misused.

15. Our Liability

15.1.      Subject to clause 15.4;

i. neither party shall be liable to the other for indirect or consequential loss or damage (including without limitation loss of business, profits or revenues), incurred in connection with this Agreement, whether arising in contract, tort (including negligence), breach of statutory duty or otherwise;

ii. we shall not be liable:

1. if you are unable to use the Payment Services as set out or for any reason stated in clauses 4 and 10;
2. for any fault or failure beyond our reasonable control relating to the use of the Payment Services, including but not limited to, a lack of Available Balance or fault in or failure of data processing Schemes;
3. for any loss, fault or failure relating to the use of a Third-Party Provider as stated in clause 6.3, 6.6 and 6.7 of this Agreement,
4. if a Merchant refuses to accept a Transaction or fails to cancel an authorisation or pre-authorisation;
5. for the goods or services that are purchased with your Card;
6. for any loss, fraud or theft that is reported more than 8 weeks following the event;
7. where you acted with:

15.1.ii.7.1. undue delay
15.1.ii.7.2. fraudulently; or
15.1.ii.7.3. With gross negligence. (including where losses arise due to your failure to keep us notified of your correct personal details)

15.2.      To the fullest extent permitted by relevant law, and subject to clause 14.4, our total liability under or arising from this Agreement shall be limited as follows:

i. where your Card is faulty due to our default, our liability shall be limited to replacement of the Card or, at our choice, repayment to you of the Available Balance;
ii. where sums are incorrectly deducted from your Available Balance due to our fault, our liability shall be limited to payment to you of an equivalent amount; and
iii. In all other circumstances of our default, our liability will be limited to repayment of the amount of the Available Balance.

15.3.      Nothing in this Agreement shall exclude or limit either Party’s liability in respect of death or personal injury arising from that party’s negligence or fraudulent misrepresentation.

15.4.      No party shall be liable for, or be considered in breach of this Agreement on account of, any delay or failure to perform as required by this Agreement as a result of any causes or conditions which are beyond such Party’s reasonable control and which such Party is unable to overcome by the exercise of reasonable diligence.

16. Refunds for Transactions

16.1.      A Transaction shall be considered to be unauthorised if you have not given your consent for the Transaction to be made. If you believe that a Transaction has been made without your consent you should contact us in accordance with clause 2.

16.2.      A claim for a refund of an Authorised Transaction, where the authorisation did not specify an exact amount of payment transaction, and the amount of the Transaction exceeded the amount that you reasonably could have expected taking into account your previous spending pattern, this Agreement and the circumstances of the case, must be made within 8 weeks from the date on which the funds were deducted from your Available Balance. Within 10 Business Days of receiving your claim for a refund or within 10 Business Days of receiving further information from you, we will either refund the full amount of the Transaction or provide you with justification for refusing the refund.

16.3.      If you are not satisfied with the justification provided for refusing the refund or with the outcome of your claim for a refund, you may submit a complaint to us or contact the complaints authority as described in clause 17.

16.4.      If at any time we have incorrectly deducted money from your Available Balance, we shall refund the amount to you. If we subsequently establish that the refunded amount had been correctly deducted, we may deduct it from your Available Balance and may charge you a fee. If you do not have sufficient Available Balance, you must repay us the amount immediately on demand.

16.5.      Where any request, transaction, disputed transaction, arbitration or reversed transaction involves third party costs, you remain liable for these and they will be deducted from your account or otherwise charged to you.

17. Dispute Resolution

17.1.      We are committed to providing an excellent customer experience for all our Customers. If we do not meet your expectations in any way, we want to have the opportunity to put things right.

17.2.      In the first instance, your initial communication will be with our Customer Services Team who can be contacted by Email to cardservices@weststeincard.com or by phone to + 44(0) 207 127 5093. Our Customer Services Team will listen to your needs and will do their best to solve your issue promptly and fairly. We value the opportunity to review the way we do business and help us meet our customers’ expectations.

17.3.      If having received a response from our Customer Services Team you are unhappy with the outcome, please contact the Complaints Team of Prepaid Financial Services Ltd, 5th Floor, Langham House, 302-308 Regent Street, London, W1B 3AT in writing via email on complaints@prepaidfinancialservices.com.

17.4.      Once received, the Complaints Team will conduct an investigation and you will receive a response of its findings within 15 days of receipt of the complaint. In exceptional circumstances where we are unable to reply within the first 15 days, we will reply providing a reason for the delay and deadline for response, not more than 35 days after first receipt of complaint.

17.5.      If the Complaints Team is unable to resolve your complaint and you wish to escalate your complaint further, please contact the Financial Ombudsman Service at South Key Plaza, 183 Marsh Wall, London, E14 9SR. Details of the service offered by the Financial Ombudsman Service are available at http://www.financialombudsman.org.uk/consumer/complaints.htm  or  alternatively you can lodge your complaint in your country of domicile with the Online Dispute Resolution process at https://ec.europa.eu/consumers/odr/main/index.cfm?event=main.home.show&lng=EN

17.6.      You must provide us with all receipts and information that are relevant to your claim.

18. Personal Data

18.1.      We are the data controller for your personal data and we will comply with our obligations under data protection legislation in relation to the personal data we hold in connection with your Account, in order to provide you with services relating to the Account and this Agreement.

18.2.      We may check your personal data with other organisations, and obtain further information about you in order to verify your identity and comply with applicable money laundering and governmental regulations. A record of our enquiries will be left on your file. In accordance with applicable legislation, we may provide personal data supplied by you, to certain named third parties (including data processors) for the purpose of performing our obligations and exercising our rights under this Agreement, including third parties located outside the European Union where different data protection standards may apply. We may also disclose your personal data as required by law or any competent authority.

18.3.      By agreeing to these terms and conditions, you acknowledge and agree to our processing of your personal data in this way.

18.4.      You also agree to our Privacy Policy and acknowledge and agree to the provisions thereof (as amended from time to time).

18.5.      You have the right to receive certain information concerning the personal data we hold about you and to rectify such data where it is inaccurate or incomplete.

18.6.      If you have elected to opt in to receive email and SMS marketing, we may share your information with third parties, so they can contact you directly by telephone or email about their products and services. Consent for this purpose will be required at the opt in stage. You are entitled to opt out at any stage by contacting Customer Services Team cardservices@weststeincard.com., +44 (0)207 127 5093

19. Changes to the Terms and Conditions

We may update or amend these terms and conditions (including our Fees & Limits Schedule). Notice of any changes will be given on our website, or by e-mail notification, or by SMS at least 2 months in advance. By continuing to use the Payment Services after the expiry of the 2-month notice period you acknowledge that you indicate your acceptance to be bound by the updated or amended terms and conditions. If you do not wish to be bound by them, you should stop using the Payment Services immediately in accordance with our cancellation clause (see clause 10).

20. Miscellaneous

20.1.      We may assign our rights, interest or obligations under this Agreement to any third party (including by way of merger, consolidation or the acquisition of all or substantially all of our business and assets relating to the Agreement) upon 2 month’s written notice. This will not adversely affect your rights or obligations under this Agreement.

20.2.      We do not intend that any of the terms of this Agreement will be enforceable by a person not a party to it, except that Schemes and their affiliates may enforce any right granted to it under this Agreement.

20.3.      Any waiver or concession we may allow you, will not affect our strict rights and your obligations under this Agreement.

20.4.      You agree that you will not use the Payment Services in an illegal manner and you agree to indemnify us against any claim or proceeding brought about by such illegal use of the Payment Services.

20.5.      This Agreement and the documents referred to in it, constitute the entire agreement and understanding of the parties and supersede any previous agreement between the parties relating to the subject matter of this Agreement.

20.6.      The official language for these Terms and Conditions is English. Only the English version shall have any legal effect for contractual, compliance or enforcement purpose.

20.7.      You can load your Card or Account by purchasing WestStein E-voucher which is governed by special WestStein E-Voucher Terms and Conditions published on our website

21. Funds Protection

All your funds are segregated from our funds, so your funds are safeguarded by law. In the event that we became insolvent your e-money funds are protected against claims made by any of our creditors.

22. Regulation & Law

22.1.      The Payment Services, Card and Account are payment products and not deposit, credit or banking products, as such they are not covered by the Financial Services Compensation Scheme.

22.2.      This Agreement and any dispute or claim in relation to this Agreement shall be governed by the laws of England & Wales. However, if you reside outside of England and Wales you may bring an action in your country of domicile.

23. Fee and Limits Schedule

Activation and monthly fee

Card Fee – free

Monthly Service Charge €1.00

Loading transactions

Internet Credit Card Load 3.50% min €1.75
Internet Debit Card Load €1.75
SMS Credit Card Load 3.50% min €1.75
SMS Debit Card Load €1.75
WestStein Card To WestStein Card Transfer (KYC – KYC cardholder only) 1.00%
Loading by Bank Transfer €0.80
Batch File Load €0.60
SEPA Incoming Fee €0.55
SEPA Outgoing Fee €0.55
SEPA Investigation Fee €15.00

SMS transactions

SMS Balance Check €0.20
SMS WestStein Card to WestStein Card Transfer 1.00%
SMS Block €0.20
SMS Unblock €0.20

Administrative transactions

Stolen Replacement Card €10.00
Administration Fee €10.00
Card Cash Out/Card Refund Fee €15.00
Customer Services Fee Per Call €1.00

ATM usage

Domestic ATM withdrawal (of amount withdrawn) €2.50
International ATM withdrawal (of amount withdrawn) €2.50 +1.5%
Over the counter cash advance – Domestic €2.50
Over the counter cash advance – International (of amount withdrawn) €2.50 +1.5%
ATM Balance check €0.30

POS transactions

Domestic POS €0.00
International POS €0.50
FX on Spend 3.00%
All decline fees €0.50

IVR fees

Initial PIN Enquiry €0.00
Subsequent PIN Enquiry €1.75

Miscellaneous fees

Inactivity fee (after 90 days of inactivity. occurs every 30 days while the card is not being used) €2.00
Online PIN Reveal €1.00
Chargebacks €40.00
IVR Balance Check €2.00

Load Limits – NON KYC Upgrade

Initial Load Minimum €10.00
Initial Load Maximum €250.00
Minimum Reload €10.00
Maximum ATM lifetime Withdrawal €100.00
Max Load Amount Per Month €250.00
Maximum Card Balance €250.00

Load Limits – KYC Upgraded

Initial Load Minimum €10.00
Initial Load Maximum €2,500.00
Minimum Reload €10.00
Maximum Reload €4,000.00
Maximum POS daily spend €15,000.00
Max loads per day €35,000.00
Maximum ATM daily Withdrawal €1,500.00 
Max Load Amount Per Day €35,000.00
Maximum Card Balance €35,000.00

WestStein E-Voucher

EFFECTIVE as of 1st June, 2016

1. General Provisions

1.1.Please read these Terms and Conditions carefully as they govern the contractual relationship between you and us relating to your use of the WestStein E-Voucher payment system.

1.2.Your WestStein E-Voucher is issued by Prepaid Financial Services Limited whose registered office is at Fifth Floor, Langham House, 302-308 Regent Street, London W1B 3AT, United Kingdom. [“PFS”].

1.3.Your WestStein E-Voucher is operated by SIA WestStein whose registered office is at Mukusalas street 41, Riga, LV 1004, Latvia. [“WestStein, “we” or “us”].

1.4.PFS is authorized and regulated by the Financial Conduct Authority of the United Kingdom as an electronic money institution with an e-money license.

1.5.You must be at least eighteen (18) years of age to obtain and use a WestStein E-Voucher.

1.6.By purchasing or using a WestStein E-Voucher you are agreeing to be bound by these Terms and Conditions.

1.7.The official language for these Terms and Conditions is English. Only these E-Voucher Terms and Conditions version shall have any legal effect for contractual, compliance or enforcement purposes.

1.8.WestStein reserves the right to alter these terms and conditions from time to time by posting a two month notice of any changes on its website www.weststeincard.com. Any changes will take effect 2 months after the date of posting on the website, and shall apply to your use of the WestStein E-Voucher payment service after that 2 month period. Continued use of the WestStein E-Voucher will be considered as your acceptance and agreement of these changes. If you don’t accept these changes, you have right to terminate this Agreement without any sanctions until the changes has taken effect, you have also right to get refund according to article 7 without any fee.

1.9.The WestStein E-Voucher payment system enables you to make deposits to your WestStein Prepaid Mastercard without the need for bank accounts or credit or debit cards, through the use of individually encoded and encrypted E-Voucher Codes issued in exchange for cash.

1.10.You can download a copy of these Terms and Conditions at any time from our Website www.weststeincard.com.

1.11.WestStein E-Vouchers do not generate interest on the value of the Voucher Code.

2. Acceptance of Terms and Conditions

2.1.By becoming the Holder of a WestStein E-Voucher Code you agree to be bound by the terms and conditions set out in this Agreement in relation to any use of the WestStein E-Voucher payment system.

2.2.You become a Holder of a WestStein E-Voucher Code by:

2.2.1.Obtaining a WestStein E-Voucher Code from a Business Partner contracted to provide WestStein E-Vouchers; or

2.2.2.Being gifted a WestStein E-Voucher Code and being in receipt of proof of purchase including the original voucher receipt.

2.3.You cease to be a Holder of a WestStein E-Voucher Code when:

2.3.1.You submit the voucher code to www.weststeincard.com and the voucher is validated; or

2.3.2.Some other person becomes a Holder of that voucher code and is identified as such.

2.4.This Agreement terminates automatically:

2.4.1.When you cease to be a Holder; or

2.4.2.When the validity period of the WestStein E-Voucher Code ends. This will not affect your refund rights as detailed below.

2.5.We reserve the right to refuse to validate a WestStein E-Voucher Code and amount if we have reason to suspect that a breach of any applicable law or regulation has occurred or is likely to occur.

2.6.You agree that you will not use the WestStein E-Voucher payments system for any illegal purpose. If the WestStein E-Voucher is used in a way that is not in conformity with these Terms and Conditions, you will be held fully liable and you agree to hold PFS safe and harmless from any consequences of such unauthorized use or misuse.

2.7.You agree that you will keep proof of purchase of the WestStein E-Voucher voucher code including the original voucher receipt and that this proof of purchase may be requested by WestStein to establish that you are the Holder of the WestStein E-Voucher Code as defined in 2.2

3. Buying a WestStein E-Voucher

3.1.WestStein E-Voucher voucher codes are commercialized by companies contracted and accepted by PFS as business partners. [Business Partners]

3.2.Business Partners may use their distributing facilities to sell WestStein E-Voucher Codes.[Retailers].

3.3.WestStein is not liable for the validity of any voucher codes originating from any person or entity that is not a WestStein contracted business partner or for any losses or damages resulting from the supply of voucher codes from any such persons or entities (whether such voucher code is provided directly or indirectly to you.

3.4.WestStein E-Vouchers come normally in the following fixed denominations: €10, €20, €50, €100, €150 subject to any specific country regulatory limitations and the Terms and Conditions.

3.5.You can purchase a WestStein E-Voucher only from a Retailer upon payment by you of the value printed on the WestStein E-Voucher(“Value”).

3.6.You may activate up to 3 WestStein E-Voucher Codes in any one day with a total daily limit of 450 EUR and a monthly limit of 2500 EUR. These Terms and Conditions apply to all such voucher codes and their use.

3.7.Each WestStein E-Voucher is allocated its own unique code.[Code]. When you purchase a WestStein E-Voucher, the Retailer will hand over to you a paper voucher showing amongst other information your Code. You will need to use the Code to load your WestStein Mastercard.

3.8.If you find that your WestStein E-Voucher is defective, you should tell us immediately, either by phone or email (+371 6 550 999 5 or cardservices@weststeincard.com). If it is not possible to remedy the defect, we will provide you with a new WestStein E-Voucher. You agree to provide us with the relevant receipt(s) and information regarding the purchase of the defective WestStein E-Voucher so we may investigate fully.

3.9.The commercial resale of WestStein E-Voucher is prohibited by parties that are not Retailers.

4. WestStein E-Voucher Redemption by WestStein

4.1.Each WestStein E-Voucher Code provided will be valid for 90 days from the Purchase Date indicated on the voucher. [Expiration Date]. The Purchase Date is the date on which the WestStein E-Voucher voucher is provided in its customary active state and can be used to make a payment as described below in article 5.

4.2.If you do not submit details of your WestStein E-Voucher Code to load your WestStein Mastercard at www.weststeincard.com prior to the Expiration Date, you authorize WestStein to automatically redeem your voucher on your behalf. Consequently if you submit your WestStein E-Voucher Code after the Expiration Date, the Voucher Code shall no longer be usable to make a payment transaction and WestStein has no obligation to validate it for payment.

5. Making Payments With WestStein E-Vouchers

5.1.You must treat the E-Vouchers as if they were cash. If you lose the voucher you may be liable for the loss.

5.2.You may use the WestStein E-Voucher payments system to load your WestStein Mastercard at www.weststeincard.com.

5.3.WestStein E-Voucher Codes are unique alpha numeric or numeric combinations. Each Voucher Code applies to a single voucher for a single stated face value amount and currency. If a Voucher Code and corresponding amount submitted to WestStein for validation matches the issuing records, WestStein shall confirm validation.

5.4.WestStein shall not be obliged to undertake any verification of the identity of the person submitting the Voucher Code and amount in payment. By submitting the Voucher Code for payment You warrant that you are the legitimate Holder of the Voucher Code and entitled to use it. If you suspect any misuse you must contact us immediately.

5.5.Once WestStein has concluded that a submitted Voucher code and amount are validated and funds are deposited to the Holder’s WestStein Mastercard, WestStein has no means of subsequently withdrawing such validation and the Voucher Code and Amount will be considered redeemed and cannot be used again.

5.5.WestStein E-Vouchers can’t be redeemed partially.

5.6.Paying with WestStein E-Voucher voucher codes is like paying with cash, and so you will normally keep your own records of payments.

6. Security of Your WestStein E-Voucher Code

6.1.You are solely responsible for the security and integrity of your WestStein E-Voucher Code. You must keep your WestStein E-Voucher Code safe and protect it from access by unauthorised third parties. Do not give your Voucher Code to any unauthorised third party.

6.2.You must check that your WestStein E-Voucher receipt has a Voucher Code and serial number. If you cannot read your Voucher Code and serial number or you believe confirmation is corrupted in any way then you must inform us by phone or by e-mail (+371 6 550 999 5 or cardservices@weststeincard.com stating the serial number of the WestStein E-Voucher . We will then provide you with a new WestStein E-Voucher Code. If you are unable to read the Voucher Code but you are able to read the serial number of the WestStein E-Voucher then you must send a scanned copy of the WestStein E-Voucher via email to the Business Partner specific email address found on the WestStein voucher or to the general email address cardservices@weststeincard.com. After satisfactory verification we will send you a new WestStein E-Voucher.

6.3.WestStein shall not be obliged to verify that the person presenting the Voucher Code and amount to WestStein via www.weststeincard.com is the Holder of, or is otherwise entitled to use, the WestStein E-Voucher Code.

6.4.If you have lost your WestStein E-Voucher Code, you may contact WestStein via cardservices@weststeincard.com and request that the Voucher Code is recorded lost. You will be asked to provide the Voucher Code, amount, currency and the date, time and place of issue along with your proof of purchase.

6.5.If you believe any of your WestStein E-Voucher transactions are incorrectly executed you must notify us as soon as possible but within 13 months of the date of the debit. We may bill you a chargeback or investigation fee of twenty Euros (€20.00) prior to investigating your claim.

6.6.You cease to be the Holder of the WestStein E-Voucher if you provide the details of the WestStein E-Voucher Code to some other person (see 2.3.2) regardless whether such a person is acting unlawfully or is guilty of misrepresentation.

7. Refunds

7.1.In Latvia where PFS operates under license from the Financial Conduct Authority you can request a refund for a WestStein E-Voucher Code.

7.1.1.Your right to request a refund commences from the purchase date of the voucher to you (see 4.1) and continues for a period of 7 years.

7.1.2.Voucher Codes must be unused at the time of refund request.

7.1.3.PFS reserves the right to decline a refund request if you cannot prove that you are a Holder of a WestStein E-Voucher Code as defined in 2.2. Therefore you should retain proof of purchase including the original voucher receipt.

7.2.You will need to contact our customer service team for the Refund Application Process. You will need to also provide by post or any other method specified by WestStein proof of your identity, proof of your address, the original voucher details and any other information specified on the form.

7.3.WestStein will charge an administration fee for processing a refund and the administration fee will be shown on the Consumer Refund Application Form available in the FAQs article at https://vouchers.prepaidfinancialservices.com. The due amount will be paid directly into your bank account.

7.3.1.For refund requests made in 90 days from the Issuing date of the voucher to you a Service Fee of 10% of the face value will be deducted subject to a minimum charge of €10.00 or equivalent.

7.3.2.For refund requests in the period of 12 months following the period in 7.3.1 a Service Fee will not be charged.

7.3.3.For refund requests received after the end of the period referred to in 7.3.2 a Service Fee of 15% of the face value will be applied subject to a minimum charge of €30.00, the Service Fee increasing by 5% every 12 months until the end of the period in which you can request a refund as per 7.1.1 above.

7.4.Any changes to the requirements for refunds and charges will be notified on the website www.weststeincard.com. Any changes will take effect 2 months after the date of posting on the website, and shall apply to your use of the WestStein E-Voucher payment service after that 2 month period.

8. Complaints

8.1.If you are unhappy in any way with the WestStein E-Voucher payment system please try and resolve the matter with WestStein E-Voucher Customer Services first via the phone number or email address stated website www.weststeincard.com.

8.2.If having received a response from our Customer Care Team you are unhappy with the outcome, please contact the Complaints Officer of Prepaid Financial Conduct Ltd, Fifth Floor, Langham House, 302-308 Regent Street, London W1B 3AT, directly in writing or via email on complaints@prepaidfinancialservices.com.
If the Complaints Officer of Prepaid Financial Conduct is unable to resolve your complaint and you wish to escalate your complaint further, please contact the Financial Ombudsman Service at South Quay Plaza, 183 Marsh Wall, London, E14 9SR. Details of the service offered by the Financial Ombudsman Service are available at www.financial-ombudsman.org.uk.

9. Identification

9.1.By acquiring a WestStein E-Voucher Code , you give your consent, that WestStein has the right to perform such KYC (Know Your Customer) checks deemed necessary to comply with Anti Money Laundering regulations, or if WestStein, in its sole opinion, suspects fraudulent use and/or misuse of the WestStein E-Voucher payment system. You further undertake to co-operate fully to ensure the KYC information required is provided to WestStein within the time parameters to be specified by WestStein.

10. Termination

10.1.WestStein may terminate this Agreement immediately if:

10.1.1.You are in breach of any of the terms of this Agreement; or

10.1.2.We have reason to believe there has been or may be some illegality or fraud or misuse of the WestStein E-Voucher payment system.

11. Suspension of Service

11.1.WestStein gives no warranty or representation that its WestStein E-Voucher payment system will be available at all times.

11.2.WestStein reserves the right to suspend its system for maintenance or system upgrades whenever WestStein considers necessary. WestStein will use reasonable endeavors to minimize any periods during which the system is unavailable and where possible will post notice on its website of such suspension.

12. Exclusion of Representation and Warranties

12.1.WestStein disclaims all warranties and clauses of any kind, express or implied, arising by statute or common law, related to this Agreement, including, any warranty of marketability, fitness for a particular purpose or non-infringement, each of which is hereby excluded by Agreement of the Parties. WestStein shall not be liable for any failure to provide services, good or processes caused by third party processors and service providers (subject to WestStein using reasonable endeavors to ensure any services, good or processes are performed by such third parties).

13. Limitation of Liabilities

13.1.You acknowledge that WestStein is solely providing a payment service and that some limitation of liability on WestStein’s part is reasonable and customary in an Agreement such as this.

13.2.Accordingly, you agree that WestStein shall not be liable for: Any delay or failure to carry out WestStein’s obligations under this Agreement arising from maintenance or upgrade of the system, or failure of the system or other event beyond our reasonable control; Any loss or damage (including direct, indirect or consequential loss or damage or loss of profits, business, revenue or opportunity) arising from any delay or failure to carry out WestStein’s obligations under this Agreement (excepting WestStein E-Voucher’s obligation to make a refund under article 7), save that nothing in this Agreement shall purport to exclude or limit the liability of either party for death or personal injury caused by negligence.

13.3.Save in relation to death or personal injury caused by negligence, in no circumstances shall WestStein’s liability hereunder exceed the face value of the WestStein E-Voucher Code that is issued to you.

13.4.The Prepaid Financial Services Compensation Scheme is not applicable to WestStein E-Voucher Codes. No other compensation schemes exist to cover losses claimed in connection with a WestStein E-Voucher Code. However your funds are safeguarded by law. In the event that PFS became insolvent your funds spent for E-Voucher are protected against claims made by any other creditors.

14. Indemnity

14.1.You hereby indemnify and agree at all times to hold WestStein harmless from and against all losses, demands, claims, damages, expenses (including reasonable legal costs) and liabilities arising from any third party claim resulting from your use or misuse of the WestStein E-Voucher payment system, or for harm suffered directly or indirectly by WestStein as a result of your breach or non-observance of your obligations under this Agreement.

15. Data Protection

15.1.We do not collect any personal data when you purchase a WestStein E-Voucher from a Retailer. Personal data is collected when you provide personal data to our Website. All personal data are handled in accordance with our Privacy Policy as stated on www.weststeincard.com.

16. Miscellaneous

16.1.The WestStein E-Voucher is issued in Euro (€) and can only be used for payments in Euro.

16.2.This Agreement is governed and construed by the laws of England and both parties submit to the exclusive jurisdiction of the English Courts.

16.3.PFS reserves the right to assign, subcontract, novate or transfer its obligations hereunder to any third party.

16.4.Nothing in this Agreement is intended to create any rights which are enforceable by any person who is not a party to this Agreement under the Contracts (Rights of Third Parties) Act 1999.

16.5.If any clause or part of any clause of this Agreement shall be found to be illegal or unenforceable, then the validity and enforceability of the remainder of the Agreement shall not be adversely affected.

16.6.Any delay or failure by WestStein to enforce or pursue any remedy or right hereunder shall not be deemed to be a waiver of that remedy or right and will not prevent that right or remedy from subsequently being exercised or enforced.

16.7.This Agreement constitutes the entire agreement between us relating to the provision of the WestStein E-Voucher payment system and supersedes any previous agreements and understandings between us relating thereto.

17. Fees

17.1.Voucher activation fee is 5.5% of the voucher’s face value. The fee is charged from your WestStein Mastercard account immediately after successfully activating the voucher. The minimum fee is EUR 1.

17.2.Table of fees

Voucher activation 5,5%, minimum EUR 1,00
Administration fee for refund request:
Request made in 90 days from the Issuing date 10%, minimum EUR 10,00
Request made in 1 year and 90 days from the Issuing date 15%, minimum EUR 30,00 + 5% for every next 12 months