TERMS AND CONDITIONS OF THE "REFERRAL PROGRAM" PROMOTION

1. TERMS AND DEFINITIONS

1.1. "Promotion" – the promotion titled "Referral Program," conducted in accordance with these Terms and Conditions of the "Referral Program" Promotion (hereinafter referred to as the "Terms"). The Promotion is not a stimulating event, lottery, or any activity based on games of chance or betting.

1.2. "Client" – a user of the mobile application "IDpay 2.0" (hereinafter – the "Application") in accordance with the Service Offer published on the Internet at: https://id-pay.ru/offer (hereinafter – the "Offer").

1.3. "Company" – Limited Liability Company "Universal Payment Technologies" (LLC "UPT"), registered at: 123112, Russian Federation, Moscow, Presnenskaya Emb., bldg. 12, floor/office 33/33, INN 9703011965. The Company is the organizer of the Promotion.

1.4. "Promotion Period" – from March 17, 2023, to December 31, 2025 (inclusive).

1.5. "Payment" – any Transfer (as defined in Clause 2.13 of the Offer) of funds made using the Application.

1.6. "Referral" – a new Client who registers using the referral code of an existing Client.

1.7. "Referrer" – a current Client who invites a new Client and shares their referral code.

1.8. "Participant" – all Application users acting as Referrers and/or Referrals during the Promotion Period.

1.9. Terms and definitions not defined herein have the meanings specified in the Offer.

2. REFERRAL PROGRAM

2.1. BY PARTICIPATING IN THIS PROMOTION, YOU UNCONDITIONALLY AGREE TO THESE TERMS AND CONDITIONS OF THE "REFERRAL PROGRAM" PROMOTION (THE "TERMS") AND UNDERTAKE TO COMPLY WITH THEM, INCLUDING BUT NOT LIMITED TO THE LIMITATION OF LIABILITY OF THE COMPANY. IF YOU DO NOT AGREE WITH ANY PROVISION OF THESE TERMS, YOU MAY NOT PARTICIPATE IN THE PROMOTION, BUT YOU MAY CONTINUE USING THE APPLICATION IN ACCORDANCE WITH THE OFFER.

2.2. The Client is entitled to participate in the referral reward system (the "Referral Program") in accordance with these Terms.

2.3. The Company may credit bonuses to a Participant for fulfilling the Promotion Terms, under which Clients may invite third parties—who are not Clients at the time of invitation—to use the Application by providing them with a personalized referral code.

3. PROCEDURE FOR PARTICIPATION IN THE PROMOTION

3.1. Legally capable individuals aged eighteen or older who have an Account in the Application may participate in the Promotion.

3.2. Persons who do not meet the Participant requirements are not eligible to participate or receive bonuses.

3.3. Participants do not pay any fee to participate in the Promotion.

3.4. To become a Participant, the following actions must be performed:

3.4.1. To become a Referrer, an existing identified Client must go to the referral code generation screen in the Application, copy the referral code, or click "share link" and send the code to a third party who meets the requirements of these Terms and the Offer.

3.4.2. The third party, in order to participate in the Referral Program, must register in the Application and enter the referral code received from the Referrer, becoming a Referral after successful identification and completing Transfers totaling at least 10,000 (Ten thousand) Russian rubles in the Application.

3.4.3. After the Referral completes Transfers totaling at least 10,000 rubles, bonuses are credited to both the Referrer and Referral. The Client may convert the bonuses into rubles on the bonus account screen by clicking the "redeem" button. The Client enters the number of bonuses they wish to convert and clicks "Redeem bonuses." The number of bonuses to be converted into rubles is displayed in the "Requested" field.

3.4.4. The redemption request is sent to the Application administrator who, if no signs of fraud are detected, may approve the conversion of bonuses into rubles and initiate the transfer to the Client using a third-party service.

3.5. A Participant may refuse to receive bonuses by notifying the Company within 3 (three) business days from the date the bonuses were received and before using the bonuses. In this case, the Company will cancel the bonuses if they have not been used.

4. LIMITATION OF LIABILITY OF THE COMPANY

4.1. The Company may, at its sole discretion, without explanation and without correspondence, declare actions and/or omissions of a Participant invalid and prohibit further participation, or deny bonuses if the Company suspects dishonest or fraudulent activities.

4.2. The Company has the right to refuse the conversion of bonuses into rubles, including in cases where the Client performs suspicious transactions (the fact of such transactions is determined by the Company).

4.3. The Company is not obliged to provide any compensation for bonuses. The Company may impose restrictions (e.g., minimum or maximum number of bonuses that may be accumulated or used).

4.4. The Client may not claim compensation for any losses related to participation in the Referral Program. Any expenses not covered by these Terms are borne by the Participants.

5. FINAL PROVISIONS

5.1. The Company is not responsible for failures in telecommunications or energy networks, malicious software, or dishonest actions of third parties that affect its obligations to Participants.

5.2. The Terms of the Referral Program, bonus amounts, and Participant statuses may be changed unilaterally by the Company, including by modifying the Application settings. The Client agrees to the Referral Program terms as provided in the Application at the time of completing a Transfer.

5.3. Participation in the Promotion (including providing or using a referral code) indicates the Participant's acknowledgment and full acceptance of these Terms.

5.4. Affiliated persons of the Company and persons directly or indirectly connected to the organizers of the Promotion, including employees of the Company and its affiliates, are not allowed to participate.

5.5. The Company may amend these Terms (or cancel the Promotion) at any time by publishing the updated Terms on the website https://id-pay.ru/ or in the Application.

5.6. These Terms are drafted in accordance with the legislation of the Russian Federation. Matters not expressly regulated herein are governed by the Offer and applicable Russian law.