This is a public offer of FAIRO LLC, legal entity incorporated under the laws of Ukraine, identification number 43659053, registered address: Ukraine, 04073, Kyiv, 9 Stepana Bandery Avenue, building 5 A,2d floor (the Provider), to enter into electronic agreement on these terms set out below (the Terms) which upon your acceptance in the manner described below will form a legally binding agreement between the user of the Application (you) and the Provider.
FAIRO (the Application) is a mobile application maintained by the Provider targeting Ukrainian individual entrepreneurs designed to enable its users, in particular:
Accepting these Terms, you enter into complex electronic agreement (the Agreement) with the Provider comprising licensing agreement with respect to use of the Application and service agreement with respect to certain information services, as described below.
In order to accept these Terms you need to switch respective tick box/es to the right position in a confirmation dialog box appearing in the Application during the sign-up process. Once you accept the Terms, enter into a banking services agreement, mentioned in “Banking module” section hereof (condition about entering into banking services agreement is not applicable for you, if you accepted previous version of Terms and, consequently, entered into Agreement before the publish date hereof), the Agreement between you and the Provider shall be deemed executed. Following the acceptance of the Terms you will receive the electronic confirmation of execution of the Agreement in a form of text of the Terms accepted by you sent to the email indicated by you during the sign-up process. Accepting these Terms you confirm and represent that you have sufficient legal capacity to enter into the Agreement.
The Application contains a set of components (the Banking Module) which, enable functionality and your access to certain banking services provided by Raiffeisen Bank Aval Joint Stock Company (after the state registration of change of the name - Raiffeisen Bank JSC), a bank registered under the laws of Ukraine, identification number 14305909, registered address: Ukraine, 01011, Kyiv, 9 Lieskova Street, entered into the state register of banks on 27 March 1992 under number 94, banking license, issued by the National Bank of Ukraine # 10 dated 18th June 2018 (the Bank). Terms and conditions for usage of Banking module are determined by your banking services agreement (the Agreement with the Bank) with the Bank. In case if you entered into Agreement before the publish date hereof and have not entered into Agreement with the Bank, Banking module will be available for you after entering into Agreement with the Bank.
Subject to the Terms, Provider grants you a limited, non-exclusive, non-transferrable, non-sublicensable end user license, to access and use the Application, excluding Banking Module. The non-exclusive, non-transferrable, non-sublicensable end user license, to access and use the Banking Module limited by its functional purpose will be granted to you by the Bank under the Agreement with the Bank (in case if you entered into Agreement before the publish date hereof and have not entered into Agreement with the Bank, Banking module will be available for you after entering into Agreement with the Bank). The Application and all rights therein, including intellectual property rights, shall remain Provider's property or the property of its licensors, including Bank. Nothing in the Terms shall be construed to grant you any rights, except for the limited end user license granted above. Your use of the Application is limited by its functional purpose.
By entering into Agreement, you agree, that functions of “tracking transactions for bookkeeping purposes and applicable turnover limits”, “creating and submitting tax reports” are implemented in Application with following features and conditions:
The Provider may involve third parties for provision of certain services in the Application (whether subcontracting them at the Provider's sole discretion or allowing to offer their services directly to you in the Application in which case you may need to enter into separate engagement with them).
Particular features of the Application enable you to connect to bank accounts (the Payment Accounts) maintained by certain Ukrainian banks and synchronize automatically your payment account information with the Application on the basis of your explicit consent to the Provider. To provide this service in the Application the Provider subcontracts Salt Edge Inc., with its registered seat at 35 Jack Aaron Drive, Ottawa, Ontario, K2G 6L2, Canada (Salt Edge) providing the required account information services as these are defined in Directive (EU) 2015/2366 on payment services (PSD2). You can find applicable terms and conditions and details on security and privacy on www.saltedge.com which are deemed accepted by you once you accept these Terms.
You agree to connect only to Payment Accounts you own or you are otherwise entitled to use. For the purpose of utilization of the Payment Account synchronization feature of the Application based on solution provided by Salt Edge, you grant an express consent to Salt Edge to access your online Payment Account in read-only mode, retrieve on your behalf your data to the extent made available by your respective bank (including, but not limited to: account information – such as account number, type, currency, balance; transactions information – such as transaction amount, date, description, currency; account holder information – such as name, address, email, phone number) and share it with the Provider and the Application, as well as authorize the respective financial institution to make these data available and disclose the respective banking secrecy information to Salt Edge and Provider. Furthermore, you represent to the Provider and Salt Edge that you have all necessary rights to do so.
Provider shall have the right to execute temporary or constant marketing activities (hereinafter - Loyalty programs) for Application users, which provide incentives for them, in which you have the right to participate at your own discretion. Terms and conditions of participating in Loyalty programs is available on site https://www.fairo.com.ua/loyalty-program (available only in Ukrainian language). Your participation in Loyalty programs means that you get acquainted and agree with respective Loyalty program.
The Agreement shall be deemed concluded for one (1) month period. Notwithstanding anything to the contrary herein, unless either party to the Agreement notifies another party of the Agreement's termination before the anticipated termination date, the Agreement shall be deemed extended for another one month period; number of such possible extensions is unlimited. Subject to payment of any outstanding fees to the Provider, you may terminate the Agreement at any time and for any reason by sending a notice to the Provider (by email), in which case the Provider would deactivate your Application account to the effect that the Application features will be disabled for you (if the Banking module is available to you, in order to deactivate your Application account you should also pass through the Agreement with the Bank termination process, which is determined by the Agreement with the Bank). Refund of costs for your purchases under the Agreement is in such case not possible. The Provider may terminate the Agreement at any time and for any reason subject to a prior notice provided to you reasonably in advance, unless otherwise provided herein, in Agreement with the Bank (if applicable), agreed by the parties or required under applicable laws. In case of Agreement with the Bank termination this Agreement shall also be deemed terminated from the date of Agreement with the Bank termination (this condition is not applicable for you, if you accepted previous version of Terms and, consequently, entered into Agreement before the publish date hereof).
We reserve the right to change these Terms (to new version) at any time, and the changes (new version) will be effective when posted on our website (www.fairo.com.ua), except users of Application, who entered into an Agreement before the date of such posting - for such users of Application changes (new version) of these Terms will be effective in 30 days after the day of respective notification (if longer period is not determined in said notification) by email. By continued use of the Application, you are expressing your acceptance of the changes (new version of these Terms). If you do not agree with the changes, you may terminate the Terms at any time and free of charge.
The license is granted solely for your (or your entity's, if applicable) use. Therefore, you may not lease, rent, lend, sell, transfer, or sublicense the Application. Third-party services or libraries included in the Application are licensed to you either under these Terms, or under the third party's license terms, if applicable. Based on your license, you may not access the Application with other means than the official application, mine or extract any data from the Application databases (except as expressly allowed by the Application's features), modify, reverse engineer, hack, decode, decrypt, decompile, disassemble or create derivative works of the Application or any part thereof and circumvent any technology used to protect the Application’s features. Unless expressly allowed by the Provider, you are neither allowed to share any screens, content or description of the Application or any parts thereof, any links to the Application and any feedback to the Application
In order to be able to use the Application you have to sign up. You agree to provide to the Provider only accurate, truthful and current information and keep it up to date. In case of any changes in information, provided by You to Provider, including, Your personal data, You should notify Provider about such changes by sending notification to Provider’s email address, mentioned herein, from your email, which was provided by You to Provider, or via “chat” function (software, which is the part of Application (integrated in Application) and which grants You the possibility to communicate with Provider and the Bank), hereinafter - Verified chat. You must keep your Application account login information confidential and secure and you must not share it with anyone. You are solely responsible and liable for any and all activities that occur under your account.
You may enter and upload to the Application or synchronize with it texts, numerical data, photos or other content. You are solely responsible for any content you provide to the Application and for any consequences thereof. You may not enter or upload to the Application or synchronize with it unlawful content or content that infringes copyright or any other third-party rights. The Provider does not review the user content but reserves the right to remove or disable access to any user content for any reason. The Provider has no responsibility for the accuracy of the content you provided to the Application or synchronized with it or which was created by the Application based on your input. You are solely responsible for backing up the content you enter or upload to the Application or synchronize with it.
Based on your user content (particularly synchronized payment account data) the Application may provide you with personalized automatically generated suggestions/calculations relating to your invoicing, bookkeeping, payment of taxes or commercial offers (ads). You hereby acknowledge and agree that (i) such suggestions/calculations or commercial offers do not constitute professional financial, tax, accounting, investment or any other professional advice, (ii) the Provider makes no representations or warranties of any kind related thereto and (iii) it remains at your discretion whether to follow such suggestions/calculations. In no event shall Provider be liable for any damages caused to you or a third person arising out of your use of such suggestions/calculations or commercial offers. Furthermore, although the Provider uses its reasonable efforts to bring the Application's features in line with the bookkeeping and tax reporting standards applicable in Ukraine, there is no guarantee that all requirements will be always complied with. The Application is not supposed to fully replace your own bookkeeping and tax reporting and is only designed to facilitate them. There is no guarantee that the documents and operations produced in the Application will be in line with your contracts or obligations to which you are a party or binding upon you.
The Application is available through a compatible mobile device, Internet access and compatible software, installed on mobile device. You agree that you are solely responsible for meeting these requirements, including any applicable changes, updates and fees as well as the terms of your agreement with your mobile device and telecommunications provider.
The Application is subject to a continuous development and Provider reserves the right, at its sole discretion, to update the Application, change the nature of the Application or modify or discontinue some of the features without prior notice to you. You acknowledge that Provider has no obligation to maintain or update the Application. Provider does not guarantee an uninterrupted provision of the services or absence of errors, bugs or inaccuracies of whatever nature. The Application or integrated third-party services may be temporary unavailable due to the maintenance, certain technical difficulties, or other events that are beyond Provider's control. If you have some questions, problems or suggestions, you can reach the Provider via contacts provided hereafter. However, you acknowledge that the support of the Application may be limited due to the limited capacity of the Provider.
As of publish date hereof You do not pay to Provider for usage of the Application. At the same time, the Agreement with the Bank may determine the price of banking services, which are provided to You via Banking module - terms and conditions for payment of such price are determined in the Agreement with the Bank. Provider does not guarantee that in the future Provider will not determine the price for Application usage, which will be subject to payment to Provider - in case if such changes will be introduced they will be applicable as set out in “Amendments” section hereof.
TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, THE APPLICATION AND INTEGRATED THIRD-PARTY SERVICES ARE PROVIDED "AS IS" AND “AS AVAILABLE” WITHOUT ANY EXPRESS OR IMPLIED REPRESENTATIONS OR WARRANTIES OF ANY KIND EXCEPT AS SET FORTH IN THE PRESENT TERMS. PROVIDER DOES NOT WARRANT THAT THE APPLICATION AND ANY ITS FEATURES OR SERVICES WILL BE UNINTERRUPTED, ERROR-FREE, SECURE, COMPREHENSIVE, COMPLETE, ACCURATE OR UP-TO-DATE OR THAT ALL ERRORS IN THE APPLICATION AND ANY ITS FEATURES OR SERVICES CAN BE FOUND OR CORRECTED. YOU EXPRESSLY ACKNOWLEDGE AND AGREE THAT USE OF THE APPLICATION AND INTEGRATED THIRD-PARTY SERVICES IS AT YOUR SOLE RISK AND THEREFORE THE ENTIRE RISK, IN PARTICULAR AS TO SATISFACTORY QUALITY, PERFORMANCE, FITNESS FOR A PARTICULAR PURPOSE, ACCURACY, SECURITY AND EFFORT, REMAINS SOLELY WITH YOU. TO THE FULLEST EXTENT PERMITTED BY LAW, IN NO EVENT SHALL PROVIDER BE LIABLE FOR ANY DIRECT OR INDIRECT DAMAGES OR LOSSES, INCLUDING WITHOUT LIMITATION, LOSS OF USE, DATA AND PROFITS, PROPERTY DAMAGE OR OTHER INTANGIBLE OR ECONOMIC LOSS, ARISING OUT OF OR RELATED TO YOUR USE OR INABILITY TO USE THE APPLICATION AND INTEGRATED THIRD-PARTY SERVICES, ESPECIALLY DUE TO ANY REASON, EVEN IF PROVIDER HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.
The Application or its parts may integrate or otherwise include third-party services or content (including, but not limited to, the banking services offered by the Bank). You acknowledge that in addition to these Terms other terms and conditions may apply to your use of such third-party services (including privacy policies) and that Provider does not guarantee availability of such services and content. You must agree and comply with any applicable third-party terms (including payment terms) and other procedures (such as identification and verification) when using the Application.
The Agreement shall be governed by the laws of the Ukraine. All disputes shall be resolved mutually or, in case of no success, shall be referred to the courts having a jurisdiction based on the registered address of the Provider.
If any provision of the Terms is held invalid or unenforceable to any extent, such invalidity or unenforceability shall not in any manner affect or render invalid or unenforceable other provisions of the Terms. The provision shall be enforced to the fullest extent permitted by law or deemed replaced by a provision that is valid and enforceable and that comes closest to the original intent and purpose. The Agreement shall not be deemed an accession agreement and you are free to offer your terms of agreement.
Your questions, complaints, claims or any other communication with respect to the Application should be directed via Verified chat or to:
Address: 9 Stepana Bandery Avenue, building 5 A, 2d floor, Kyiv, 04073, Ukraine