Terms and Conditions

Last Updated: 31.07.2024

Welcome to PrePay Deal, operated by New IT Investments LTD. By using our website prepaydeal.com, you agree to be bound by these Terms and Conditions. Please read these terms and conditions carefully before making a purchase or using our services.

Registration
To make purchases on PrePay Deal, you should create an account. As a customer, it is your responsibility to maintain the confidentiality of your account information and its accuracy.

Purchases and Services
We provide prepaid cards for various services. By buying these cards, you agree to use them in accordance with the terms and conditions of the respective service providers. We reserve the right, in our sole discretion, to refuse or cancel orders, including those that may appear fraudulent or in violation of laws and regulations.

Payment Process
All payments on our website are processed securely. Prices are quoted in the stated currency and can be changed without notice. We accept multiple payment methods that are displayed during the checkout.

Users can purchase a card after logging in.
The user can purchase a card by topping up balance or by direct purchase.
After adding credit to an account, the balance is displayed in the user’s account and is measured in coins.
1 coin costs 1 euro by default. However, you can change the currency in your account and see the prices in the currency of your choice. In this case, the number of coins will be recalculated at the exchange rate of the selected currency to the euro.
Coins can be used to purchase any card of the customer’s choice.
All prices on our platform are indicated in coins.
If the account balance is low, a user will see a “Top Up” button.
Clicking on the “Top up” button redirects a user to the top up page where they can set the amount.
After agreeing to our Terms and Conditions, a user clicks “Pay” and proceeds to checkout.
Currently available payment methods include Visa and Mastercard.
Coins are non-transferable and cannot be converted back or withdrawn.
Customers acknowledge and agree that coins credited to their account upon replenishment are solely for use within our site’s ecosystem.
Replenishing your balance means accepting the non-refundable nature of the coins obtained as a result.
Customers understand that coins can only be used to purchase products offered on our platform and cannot be exchanged for cash or other currency.
If an account is closed or terminated for any reason, the remaining coins balance will be forfeited without the possibility of refund or compensation.
We reserve the right to change or modify the terms and conditions regarding coins, including their acquisition, use and exchange, at any time, with prior notice to customers.

Consent to Newsletter
The user, with his consent, can provide his email address to subscribe to the newsletter about special offers, promotions and project news.

Intellectual Property
All content and materials on the prepaydeal.com website, including logos, trademarks and images, belong to New IT Investments LTD. They are protected by copyright and other intellectual property laws. Any unauthorized use may result in legal consequences.

Limitation of Liability
PrePay Deal and New IT Investments LTD. are not liable for any direct, indirect, incidental, consequential or punitive damages arising from the use of or inability to use our site or services.

AML Policy
The Management Board is the bearer of a culture of compliance with the requirements for the prevention of money laundering and terrorist financing, ensuring that Board members and company employees work in an environment where they are fully aware of the requirements relating to the prevention of money laundering and terrorist financing, as well as the obligations associated with requirements. Relevant risk aspects are sufficiently taken into account in the company’s decision-making processes. Members of the Management Board are ultimately responsible for measures taken to prevent the use of the company’s services for money laundering or terrorist financing. They exercise control and are responsible for:

creation and maintenance of processes, procedures, risks and control mechanisms to combat money laundering (AML);
acceptance of these Guidelines and other internal instructions;
determination of the company’s Guidelines for AML measures;
appointing an anti-money laundering officer (MLRO) and providing him with the power, resources and expertise necessary to carry out his tasks;
allocation of sufficient resources for the effective implementation of the Guidelines and other related documents, as well as for the maintenance of the organization;
ensuring that all relevant employees receive annual AML training.

The director of the company (hereinafter referred to as the Director) undertakes to ensure that each employee and/or member of the company’s staff (hereinafter referred to as the Personnel) complies with the requirements set out in these Guidelines and the laws and regulations adopted based on them. The Personnel must be aware of their responsibilities under the Guidelines and the Money Laundering, Terrorist Financing and Transfer of Funds (Payer Information) Regulations 2017 (MLR 2017) and comply with them in the course of their day-to-day activities. The company has appointed a compliance officer who is responsible for compliance with the requirements arising from legislation and these Guidelines. Failing to comply with the requirements should lead to termination of the employment contract (or other contract under the law of obligations), as well as to the application of other sanctions provided by law. The Compliance Officer undertakes to regularly (at least once a year) check that the Rules of Procedure and Internal Control Rules are current and, if necessary, update and revise these Guidelines to take into account changes in the company and its control system.

The following terms have the following meanings in these Guidelines:

establishing and maintaining anti-money laundering (AML) processes, procedures, risks and controls;
acceptance of these Guidelines and other internal instructions;
determination of the company’s Guidelines for AML measures;
appointing an anti-money laundering officer (MLRO) and providing him with the power, resources and expertise necessary to carry out his tasks;
allocation of sufficient resources for the effective implementation of the Guidelines and other related documents, as well as for the maintenance of the organization;
ensuring that all relevant employees receive annual AML training.

Governing Law
These Terms and Conditions are subject to the laws of the UK. Any disputes that arise from the use of our website will be settled in the courts of the UK.

Changes to Terms
PrePay Deal retains the right to amend or update these Terms and Conditions at any time. Your continued use of the website following any changes signifies your acceptance of the updated terms. If you have any inquiries about these Terms and Conditions, please reach out to us at [email protected].

Limits
Please note that the website imposes restrictions on the number and value of transactions, as detailed below:

Maximum number of transactions per day: 5 top-ups.
Minimum transaction amount: 5 euros.
Maximum transaction amount: 500 euros.
Maximum total amount that can be spent in a day on our products: 2500 euros.