PerfectCentre Prepaid Non-Reloadable Card Terms and Conditions

These terms and conditions apply to your Prepaid Non-Reloadable Mastercard®. You must read them carefully. In these terms and conditions “you” means the named Prepaid Cardholder and the authorised user of the Prepaid Card. “We”, “us” or “our” means PSI-Pay Limited or PerfectCard DAC acting on its behalf. “Website” means our website at www.perfectcentre.ie

1. Your Prepaid Mastercard Card

You can use the Prepaid Non-Reloadable Card at any location within the Republic of Ireland that displays the Mastercard Acceptance Mark, including shops, restaurants or on the telephone, however transactions with gaming and betting classified merchants will be blocked. Before using the Prepaid Card, it is your responsibility to ensure that there are sufficient funds loaded on it to cover your purchase. You will not be able to use your Prepaid Card after its expiry date.

Your Prepaid Card is not a credit card and is not in any way connected to your bank account. You will not earn any interest on any funds loaded on your Prepaid Card.

Your PerfectCentre Prepaid Non-Reloadable Card can be used anywhere within the Republic of Ireland where the Mastercard Acceptance Mark is displayed.

2. Applying for and activating your Prepaid Card

To apply for our Prepaid Non-Reloadable Card, you must be at least 18 years old and a ROI resident. We will require evidence of who you are and your address. We may ask you to provide some documentary evidence to prove this and/or we may carry out checks on you electronically. You must sign the signature strip on the back of the Prepaid Non-Reloadable Card as soon as it is received.

By using the Prepaid Non-Reloadable Card, you are agreeing to these terms and conditions.

3. Loading your Prepaid Card

The amount you can load onto your card is up to a maximum amount of €2,500 following the successful completion of the due diligence requirements. (see section below (section 4) from limits). We require name and address for all transactions and for order of amounts over €500 we will require government issued photographic identification. We reserve the right to refuse to accept any particular loading transaction. Upon receipt and clearance, your funds will be available for use on the Prepaid Card without delay.

4. Using your Prepaid Non-Reloadable Card

Detailed instructions on how to use your Prepaid Non-Reloadable Card are found on the Website. You will need to follow these instructions when using your Prepaid Card. We will deduct the value of your transactions from the balance on your Prepaid Non-Reloadable Card as soon as they are made. We will also deduct any applicable fees as soon as they become payable by you, see our Fees section below for details of our fees. The Prepaid Non-Reloadable Card belongs to us.

Limits:

Max Load / Balance – €2,500

Orders Requiring ID Over – €500

Min Load – €10

Max number of Transaction in a 24-hour period – Ten

For fraud prevention reasons, your card usage may be queried and we may block further usage. In such circumstances, you can simply contact our customer support team on info@perfectcentre.io or phoning 1850 496 496 or visit a customer service desk to request to have your card reinstated.

We may ask you to stop using your Prepaid Non-Reloadable Card and return it to us or destroy it. We may at any time suspend, restrict or cancel your Prepaid Non-Reloadable Card or refuse to issue or replace a Prepaid Non-Reloadable Card for reasons relating to the following:

  • we are concerned about security of your account or Prepaid Non-Reloadable Cards we have issued to you;
  • we suspect your account is being used in an unauthorised or fraudulent manner;
  • or we need to do so to comply with the law.

If we do this, we will tell you as soon as we can or are permitted to do so after we have taken these steps. Like other payment cards, we cannot guarantee a retailer will accept your Prepaid Non-Reloadable Card. We may also refuse to pay a transaction:

  • if we are concerned about security of your Prepaid Non-Reloadable Card or we suspect your Prepaid Non-Reloadable Card is being used in an unauthorised or fraudulent manner;
  • If sufficient funds are not loaded on your Prepaid Non-Reloadable Card at the time of a transaction to cover the amount of the transaction and any applicable fees;
  • if there is an outstanding Shortfall on the Prepaid Non-Reloadable Card in accordance with condition 12;
  • if we have reasonable grounds to believe that you are acting in breach of this agreement;
  • if we believe that a transaction is potentially suspicious or illegal (for example, if we believe that a transaction is being made fraudulently); or
  • because of errors, failures (whether mechanical or otherwise) or refusals by merchants, payment processors or payment schemes processing transactions.

If we refuse to authorise a transaction, we will, if practicable, tell you why immediately unless it would be unlawful for us to do so. You may correct any information we hold and which may have caused us to refuse a transaction by contacting us on info@perfectcentre.io or phoning 1850 496 496.

5. Registering your card

We recommend that you register your card by creating an account on www.perfectcentre.ie this will enable you to manage your card through the website.

6. Authorising Transactions

Subject to the features of the particular Prepaid Non-Reloadable Card, the authorisation of a transaction can include authorising any single transaction, a series or recurring transactions (including transactions for an indefinite period) or pre-authorising future transactions of a certain or uncertain amount

A Prepaid Non-Reloadable Card transaction will be regarded as authorised by you where you;

  • authorise the transaction at the point of sale by following the instructions provided by the merchant or retailer to authorise the transaction, which may include:
  1. signing a sales voucher;
  2. providing the Prepaid Card details and/ or providing any other details as requested;

Authorisation for a transaction may not be withdrawn (or revoked) by you after the time it is received. However, the following transactions may be withdrawn if you or an additional Prepaid Non-Reloadable Cardholder gives notice to the supplier (providing a copy of the notice to us):

  • any transaction which is agreed to take place on a date later than the date is was authorised as long as notice was provided no later than the close of business on the business day before it was due to take place;

We may charge you a fee if a transaction is revoked by you under this condition, please see our fees table in Section 12 below.

We will pay the funds required by the retailer or merchant to cover the transactions authorised by you within 3 days of us receiving their request. A transaction (the payment order) will be received as follows:

  • for purchases, at the time we receive the transaction instruction from the merchant acquirer;
  • for other transactions which are communicated directly to us, at the time you ask us to complete the transaction.
  • If, in relation to;
  1. purchases, we receive the transaction instruction from the merchant acquirer; or
  2. other transactions communicated directly to us, you ask us to complete the transaction after 7 days, the transaction instruction or request will be deemed to have been received by us on the following business day.

7. Cancellation and expiry of your Prepaid Card

This agreement will continue indefinitely unless terminated. You have a legal right to cancel your Prepaid Non-Reloadable Card up to 14 days after you purchase the Prepaid Non-Reloadable Card without being charged the Redemption Fee – this 14-day period is known as the “Cooling-Off Period”. Under these terms and conditions, you also have the right to cancel your Prepaid Card at any time after the 14-day Cooling-Off Period without notice. If you cancel your prepaid card, once all transactions and fees have been deducted, we will arrange for any unused funds to be refunded to you, see “Your Right to Redemption of Funds and Refunding of Transactions on Your Prepaid Card” section below for further information. A redemption fee may be charged (see Fees section below) unless you have arranged to transfer any unused funds to another Prepaid Card managed by us, or you cancel your Prepaid Non-Reloadable Card within 14 days of receiving it.

We may also cancel your agreement for any reason by giving you at least 2 months’ notice:

  • if this agreement or your card expires on a set date and we have not agreed to renew this Agreement;
  • if you break an important part of this agreement, or repeatedly break the agreement and fail to resolve the matter in a timely manner;
  • if you act in a manner that is threatening or abusive to our staff, or any of our representatives;
  • if you fail to pay fees or charges that you have incurred or fail to put right any shortfall;
  • in the event of your death

We may also cancel this agreement or suspend your card or account immediately if we believe your Prepaid Card is deliberately being used by you to commit fraud or for other illegal purposes. If we do this, we will tell you as soon as we are permitted to do so. If we cancel your Prepaid Non-Reloadable Card, you must tell us what you want us to do with any unused funds within 3 months of the date we tell you your Prepaid Non-Reloadable Card is cancelled. If your Prepaid Non-Reloadable Card is cancelled, we will immediately block your Prepaid Non-Reloadable Card so it cannot be used. You will not be entitled to a refund of money you have already spent on transactions authorised, or pending or any fees for use of the Prepaid Non-Reloadable Card before the Prepaid Non-Reloadable Card is cancelled or expires. You can cancel your Prepaid Non-Reloadable Card by sending an email to us using the “contact us” function on the Website, and confirming that you have destroyed your Prepaid Card.

If you cancel your Prepaid Non-Reloadable Card, once all transactions and fees have been deducted, we will arrange for any unused funds to be refunded to you, see “Your Right to a Refund” section below for further information. A Refund Fee may be charged (see Fees section below) unless you have arranged to transfer any unused funds to another Prepaid Card managed by us, or you cancel your Prepaid Non-Reloadable Card within 14 days of receiving it.

Your Prepaid Non-Reloadable Card will be valid for a minimum of 15 months.

On expiry of your Prepaid Non-Reloadable Card, you will not automatically be provided with a replacement card however you may contact us to seek redemption of the remaining funds on your Prepaid Non-Reloadable Card by following the process described at Section 11.

When we issue a replacement Prepaid Reloadable Card we may charge a fee. Please section 12 for a summary of fees.

8. Keeping your Prepaid Card secure

You should treat your Prepaid Non-Reloadable Card like cash. If it is lost or stolen, you may lose some or all of your money on your Prepaid Non-Reloadable Card, in the same way as if you lost cash in your wallet or purse. As a result, you must keep your Prepaid Non-Reloadable Card safe and not let anyone else use it. You should sign the reverse of your card on receipt and ensure that it remains safe at all times.

We recommend that you check the balance on your Prepaid Non-Reloadable Card regularly online at the Website. We will provide you with your Prepaid Non-Reloadable Card balance and a statement of recent transactions either by electronic means or on our secure webpage at any time. Your statement will show:

  • information relating to each Prepaid Non-Reloadable Card transaction which will enable it to be identified;
  • the amount of the Prepaid Non-Reloadable Card transaction paid or debited to the account;
  • the amount of charges for the transaction
  • the date the transaction is authorised or posted on to the account.

9. Lost and stolen Prepaid Non-Reloadable Card and unauthorised or incorrectly executed payments

You must tell us without undue delay by calling us on our 24-hour lost and stolen card helpline 1850 496 496 or by logging into your account if you know or suspect that a Prepaid Non-Reloadable Card is lost or stolen or that password is known to an unauthorised person or if you think a transaction has been incorrectly executed.

We will refund any incorrectly executed transaction immediately unless we have any reason to believe that the incident has been caused by a breach of this agreement, gross negligence or we have reasonable grounds to suspect fraudulent activity, however you will bear the loss, up to €65 in total, if the transaction results from the use of a lost or stolen card.

However, if the 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 secure), you may be liable any loss we suffer because of the use of the Prepaid Non-Reloadable Card.

10. Our liability

We will not be liable for any loss arising from:

  • any cause which results from abnormal or unforeseen circumstances beyond our control, consequences which would have been unavoidable despite all our efforts to the contrary; or
  • a retailer refusing to accept your Prepaid Non-Reloadable Card; or
  • our compliance with legal and regulatory requirements;
  • loss or corruption of data unless caused by our wilful default.

We are also not liable for:

  • business interruption, loss of revenue, goodwill, opportunity or anticipated savings;
  • any indirect or consequential loss.

11. Your Rights to Redemption of Funds and Refunding of Transactions on Your Prepaid Non-Reloadable Card

Redeeming the funds on your Prepaid Non-Reloadable Card

You have the right to redeem the funds on you Prepaid Non-Reloadable Card at any time in whole or in part. To do so, please either send us an e-mail using the “contact us” facility on the Website, or contact us by telephone on +353 (0)1 255 7111, requesting redemption and indicating the amount to be redeemed. If you request redemption of all funds on your Prepaid Non-Reloadable Card, please confirm in writing that you have destroyed your Prepaid Non-Reloadable Card by cutting it up. When we process your redemption request, we may require you to provide us with documents such as identification so that we may process your request in accordance with legal requirements. We may also charge a redemption fee if one of the following circumstances applies:

You are requesting redemption before termination or expiry of this agreement;

You cancel this agreement before any agreed termination or expiry date; or

You request redemption more than one year after the date of termination or expiry of this agreement

Please see section 13 for a summary of fees including redemption fees.

We will not redeem the value of the funds on your card to you if your request for redemption of the funds is more than six years after the date of termination or expiry of this agreement.

Please see section 13 for a summary of fees including redemption fees.

Refunding Transactions, You may be entitled to claim a refund in relation to transactions where:

  • the transactions were not authorised under this agreement;
  • we are responsible for a transaction which was incorrectly executed notified us in accordance with section 9 above;
  • a pre-authorised transaction did not specify the exact amount at the time of its authorisation and the amount charged by a supplier is more than you could reasonably have expected taking into account normal spending patterns on the Prepaid Non-Reloadable Card or the circumstances of the transaction.

A claim for a refund in the circumstances set out above will not be accepted if the amount of the transaction was made available to you at least four weeks before the transaction date or it is made more than 8 weeks after being debited to your account.

We will arrange an electronic transfer to a bank account nominated by you. However, to enable us to comply with our legal obligations, we may ask you to provide us with certain information before we can process your refund request.

12. Changes to these Terms

We may change these terms at any time by notifying you by e-mail or other agreed means at least two months before the change is due to take effect, if you have provided us with your email details. The up-to-date version of the Prepaid Non-Reloadable Card terms and conditions will always be available on the Website. The change will automatically take effect and you will be taken to have accepted the notified change unless you tell us that you do not agree to the change. In that event, we will treat that notice as notification that you wish immediately to terminate. In such circumstances, we will refund any balance on the card in accordance with section 11 above and you will not be charged a Refund Fee.

13. The Fees

We do not charge any fees for checking your on-line balance and transactions. However, the following fees do apply:

Fee Description

Amount

Frequency

Additional Information

Customer service telephone enquiries

Local Call Rate

Per Call

Upfront cost of card

0.00

Card Maintenance Fee

€3

Per month

After 12 months from card load

Lost / Stolen Replacement Fee

€7.50

Per card

Redemption / Refund Fee

€10.00

Per account

Merge Card Fee

€5.00

If we decide to increase or impose any new fees, we will notify you by at least two months before any changes take effect by posting the change to our website.

Authorisation will be requested for all transactions at the time of each transaction. In the unlikely event, for any reason whatsoever, a transaction is completed when there are insufficient funds on the Prepaid Non-Reloadable Card for that transaction (a “Shortfall”), the Shortfall shall be reimbursed by you unless it is due to an error on the part of the retailer where the Prepaid Non-Reloadable Card was presented, in this circumstance we may seek the Shortfall from the retailer.

You agree that once we make this Shortfall known to you, we may charge you for the Shortfall amount. We may charge the amount of the shortfall from any other Prepaid Non-Reloadable Cards that you hold with us, to any other payment method which you may designate at that time.

14. Your Details

You must let us know as soon as possible if you change name, address, phone number or e-mail address. If we contact you in relation to your Prepaid Non-Reloadable Card, for example, to notify you that we have cancelled your Prepaid Non-Reloadable Card or to send you a refund, we will use the most recent contact details you have provided to us. Any e-mail to you will be treated as being received as soon as it is sent by us. We will not be liable to you if your contact details have changed and you have not told us.

15. Data Protection

In purchasing the Prepaid Non-Reloadable Card on the Website and using it, you agree that we can use your personal information in accordance with our Privacy Policy. Our Privacy Policy is set out on our Website, it includes details of the personal information that we collect, how it will be used, and who we pass it to. You can tell us if you don’t want to receive any marketing materials from us.

16. Disputes with Retailers

If you have any disputes about purchases made using your Prepaid Non-Reloadable Card, you should settle these with the person you bought the goods or services from. We are not responsible for the quality, safety, legality or any other aspect of any goods or services purchased with your Prepaid Non-Reloadable Card. Remember that once you have used your Prepaid Non-Reloadable Card to make a purchase we cannot stop that transaction. Your card is not a credit or debit card and does not provide you with any protection under the Consumer Protection Act 1974.

17. Communication

If you have an enquiry relating to your Prepaid Non-Reloadable Card, you can use the “Contact Us” facility on the website. We will deal with your enquiry promptly. If you do not wish to enquire in this way you can alternatively call our customer service telephone line, or if your card has been lost or stolen, on 1850 496 496. The customer services telephone line is a chargeable service. Calls are charged at your local call rate.

18. Complaints

The Prepaid Non-Reloadable Card programme is managed by PerfectCard DAC. If you are unhappy in any way with your Prepaid Non-Reloadable Card or the way it is managed, tell us by using the e-mail enquiry facility on the Website so we can investigate the circumstances for you. Any complaints you have will be dealt with quickly and fairly. You may be able to take unresolved complaints to the Financial Services Ombudsman at 3rd Floor, Lincoln House, Lincoln Place, Dublin 2, D02 VH29. Telephone: +353 1 567 7000 (+353 (0)1 662 0899 when calling from outside of the Republic of Ireland) and e-mail: info@fspo.ie

19. Compensation

The Prepaid Non-Reloadable Card is an electronic money product and although it is a product regulated by the Central Bank of Ireland, it is not covered by the Financial Services Compensation Scheme. No other compensation scheme exists to cover losses claimed in connection with the Prepaid Non-Reloadable Card. This means that in the unlikely event that PerfectCard DAC becomes insolvent your funds may become valueless and unusable and as a result you may lose your money.

20. Assignment

We may assign the benefit and burden of these terms and conditions to another company at any time, on giving you 2 month’s prior notice of this. If we do this, your rights will not be affected.

21. Transfer to a new Prepaid Card

We may transfer your unused balance to a new Prepaid Non-Reloadable Card provided by a Prepaid Card issuer other than PSI-Pay Limited at any time. Before we do this, we will give you two months’ notice of the new Prepaid Non-Reloadable Card arrangements and the new Prepaid Non-Reloadable Card terms and conditions. Unless you advise us within the two-month period that you do not want a new Prepaid Non-Reloadable Card from the new Prepaid Non-Reloadable Card issuer, you agree that we can automatically transfer the unused balance on your Prepaid Non-Reloadable Card to a new Prepaid Non-Reloadable Card provided by the new Prepaid Non-Reloadable Card issuer.

22. Governing Law

This Agreement is concluded in English. All communications with you will be in English. These terms and conditions will be construed in accordance with Irish law.

23. Fund Protection

As a responsible e-money issuer PerfectCard DAC ensures that once it has received your funds they are deposited in a secure account, specifically for the purpose of redeeming transactions made by your Prepaid Non-Reloadable Card. In the event that PerfectCard becomes insolvent funds that you have loaded which have arrived with and been deposited by PerfectCard DAC are protected against the claims made by creditors.

24. Prepaid Non-Reloadable Card Issuer

The e-money associated with your card is issued by PerfectCard DAC, whose principle office is Unit A10, Network Enterprise Park, Kilcoole, Co. Wicklow, ROI, which is authorised by the Central Bank of Ireland under the Electronic Money Regulations 2011 (Register Ref: C95957). The PerfectCentre Prepaid Non-Reloadable Mastercard card is issued by PSI-Pay Ltd pursuant to a licence by Mastercard International Incorporated. Your Prepaid Centre Card is the property of PerfectCard DAC and is not transferrable to anyone else.

Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.