PAYMENT POLICY

Welcome to the Payment Policy (the “Policy”) of Winzilla Ltd. (a company registered and existing under the laws of Cyprus, having registration number ΗΕ 474611and its registered address at 39 Dimofontos Street, 3rd Floor Office 301, Nicosia, 1075, Cyprus) and its related, affiliated or subsidiary companies (the “Company” or “we”, “our”).

When we refer to “you” or “your” in this Policy we mean any individual who interacts or uses our Services. By using the Services, you represent that you understand and agree to this Policy. If you do not consent to our practices, you can choose not to use the Services.

Policy Changes. We reserve the right to change, modify, or update this Policy by posting such changes or updates to the Services or emailing you notice of the changes. Amendments to this Policy will be posted at this URL and will be effective when posted. You can tell if this Policy has changed by checking the last modified date that appears at the top of this Policy. Your continued use of the Services following the posting of any amendment, modification or change shall constitute your acceptance thereof.

In addition to the Terms of Use and Sweepstakes Rules, which are expressly incorporated herein and considered part of this document, the Company provides this Policy for all Users. Any capitalized terms are defined in the applicable Terms of Use or Sweepstakes Rules by reference (unless specifically defined herein).

1. The User is obliged to make purchases only from his or her bank account or bank card. In case of a violation of this condition, all winnings may be canceled and the amount of the last purchase returned to the original details. Purchases by third parties (friends, relatives or partners) are prohibited. This rule also applies to winnings. In case of violation of this paragraph of the rules, the User’s Account may be blocked without the possibility of recovery. For further information please refer to the Terms of Use and Sweepstakes Rules.

2. In relation to any purchase, the User must only use a valid purchases as specified and offered on the Platform.

3. The User may participate in any Game only if it has sufficient Virtual Coins in the User’s Account for such participation. The Company will not extend the User any credit whatsoever for the purchase of the Virtual Coins or otherwise.

4. From time to time, the Company may assign minimum or maximum Virtual Coins purchases as specified and offered on the Platform.

5. Once a Virtual Coins purchase has been made, the funds will be drawn from the User’s financial/bank account, online wallet or credit/debit card as soon as practicable.

5. We will also ask you to go through the KYC procedure in the case if you want to buy additional Virtual Coins right before making the payment. The KYC verification process is required to validate your account information such as your name, address, DOB and SSN. Moreover, OFAC screening will take place during KYC. Please ensure that your name is entered exactly as it appears on your Driver’s License or Passport and that you are using the most current address where you receive mail today. As long as all the information you provided is correct, we should be able to verify your details online. In some cases, your details may not be validated online. If your information cannot be verified online, you can reach out to our Customer Support for help. Sometimes, to complete the verification process, documents may need to be uploaded securely to us

7. From time to time, we may request to provide us with the information to verify the card ownership and ensure that such a card has been legitimately used on our website or mobile application, in particular: bank verification letter which may contain a bank account number, photo of the payment card used for the transaction covering showing ONLY the first 6 digits and the last 4 digits, etc. We NEVER ask you to provide us with the information that may be used to carry out the transactions on behalf of the payment card holder or the account holder. Please note, if you provide such an information, YOU WILL BE SOLELY RESPONSIBLE FOR ANY DAMAGE OR POTENTIAL DAMAGE THAT MAY RESULT FROM PROVISION OF ANY SUCH INFORMATION.

8. Gold Coin Purchases

a) The purchase of Gold Coins is the purchase of a license that allows you to participate in the Games and it is not a deposit of funds which can be withdrawn. Funds used to purchase Gold Coins will not, and cannot, be refunded to you. Gold Coins do not have any real money value.

b) You can purchase Gold Coins on the Platform through one of the Payment Methods available on the Website.

c) The Payment Methods you use to purchase Gold Coins must be legally and beneficially owned by you and in your name. If it comes to our attention that the name you registered on your User Account and the name linked to your Payment Method differs, your User Account will be immediately suspended. Should your User Account be suspended, we recommend that you contact our Customer Support through the [email protected].

d) We reserve the right to request documents and information to verify the legal and beneficial ownership of the Payment Methods you use to make Gold Coin purchases.

e) You agree that we and/or our payment agents and payments facilitators may store your payment information to process your future purchases. By accepting this Policy, you authorize us and/or our payment agents and payments facilitators to store your payment credentials in compliance with applicable payment processing regulations.

f) Once a Gold Coin purchase has been made, the funds will be withdrawn from your Payment Methods as soon as practicable.

g) If you are found to have one or more of your purchases returned and/or reversed or charged back, your account will be suspended. If this occurs, the amount of such purchases will constitute a debt owed by you to us and you must immediately remit payment for such purchases through an alternative payment method. Until payment is received by us or our payment agent, your account will be suspended and any purchases will be deemed void.

9. Currency

a) All Gold Coin purchases must be made using US Dollars.

b) Any exchange or transaction fees, charges or related costs that may be incurred as a result of, or in relation to, your purchase of Gold Coins are to be borne solely by you, including but not limited to any losses or additional costs arising from foreign exchange fluctuations.