Website Terms and Conditions

Please read these Terms & Conditions ("terms") carefully before using the Website www.papel.com which is owned and operated by TBF FINANCE, UAB ( "us", 'we" or "our").

Definitions

“Company” means TBF FINANCE, UAB which is licensed as a payment institution under Authorization Code LB000465 and is regulated by the Bank of Lithuania. The Company is incorporated under the laws of Lithuania with Company Code: 304483528 and has its registered address at Konstitucijos pr. 21A, Vilnius, LT-08130, Lithuania.

“Website” means the website titled www.papel.com as well as any other sub-domains which belongs to, and are operated by, the Company.

“Customer” means a person making use of the Website, and/or the Company’s products & services via the Website, and/or who effects Transactions via the Company’s Payment Channels for his/her benefit or for the benefit of a Merchant.

“Links” means any sites linked to other websites which are contained in the Company’s Website.

“Merchant” means a natural or legal person who been accepted as Customer and has contracted with the Company to use the Company’s Payment Channels to conduct Transactions.

“Payment Channels” means any form of payment instrument(s) or payment method(s) whether it is physical, virtual, online, electronic, internet based or any other payment method provided by the Company (either directly via the Company itself or via third party providers) from time to time.

“Transaction(s)” means any type of payment order executed for the purchase/sale of goods or the provision of services. It should be noted that the Company simply processes the Transaction though secure Payment Channels. The Company facilitates the execution of the Transaction(s) and process them as quickly as practicable possible.

“Terms and Conditions” means these terms and conditions in relation to the Website visit, navigation and/or usage, as may be amended, modified, updated or replaced from time to time by the Company.

“User” means any person having access to the Website and the sub-domains of the Company and it includes the visitor(s), the Customer(s) and any other persons who access and/or use the Website. In these Terms and Conditions, references to persons shall include legal entities (unless otherwise specified therein); and references to the singular shall include the plural and vice versa; and references to any gender shall include all genders

These Terms and Conditions govern the business relationship between the Company and the User, regarding the visit, navigation, the use of and the access of the Company’s Website and/or the services and products offered through our Website (if applicable).

Conditions of use

Your access to and use of this Website is conditioned on the acceptance of, and compliance with, these Terms and Conditions. These terms apply to all Users.

By entering, accessing, browsing, navigating and/or using this Website, you certify that you have carefully read, understood and agree to be bound by these Terms and Conditions as well as the notices contained herein and to comply with all the applicable laws and regulations. Furthermore, this Website may contain other proprietary notices and copyright information, the terms of which must be observed and followed.

If you disagree with any part of the terms or do not want to be bound by these Terms and Conditions, then you may not access this Website and you are advised to leave the Website immediately. The Company only grants use and access of this Website, its products, and its services to those who have accepted its terms.

Where this Website is accessed from outside the country of Lithuania, the User is responsible for complying with all the local laws and regulations.

Additional Policies that Apply to You

These Terms and Conditions refer to additional terms which also apply to the User’s use of this Website being (a) our Privacy Policy and (b) our Cookies Policy. We therefore, strongly advise you to read both policies before using or continuing to use our Website.

Personal Data and Privacy policy

The Company may request from you some personal information (such as name, surname, contact details etc.) through this Website. In doing so, the Company is committed to the protection, in the highest degree possible, of the User’s personal data and undertakes to lawfully process these data in accordance with, and pursuant to, the applicable laws of Lithuania on data protection and the General Data Protection Regulation (EU) 2016/679 (known as GDPR) as amended from time to time.

Any personal information you provide us will be treated as strictly confidential and shared only within the Company and its affiliates, business partners, associates and service providers. The Company undertakes not to disclose your personal data to any third party unless such a disclosure is required by the Law, or under any regulatory & legal proceedings, or if the User provides prior written consent.

We strongly advise you to read our Privacy Policy which contains detailed information about how we collect, use, process and disclose your personal data as well as to understand your rights in respect to it. It will help you better understand our practices.

Age restriction

You must be at least 18 (eighteen) years of age before you can use this Website. By using this Website, you warrant that you are at least 18 years of age and you may legally adhere to this Agreement. The Company assumes no responsibility for liabilities related to age misrepresentation.

Copyright, Trademarks and Intellectual Property Rights

Unless stated otherwise, you agree that all the content, information, data, images, text, graphics, design, materials, products, and services provided on this Website, including all logos, copyrights, trade secrets, trademarks, patents, and any other intellectual property that appears on this Website, belongs to and is the property of the Company, and/or its subsidiaries, sister companies, affiliates, directors, officers, employees, agents, suppliers, licensors or business partners. All rights are reserved.

You agree that you will not copy, download, duplicate, transfer, transmit, store, modify, reuse, license, publish or republish, post or repost, produce or reproduce, distribute or redistribute the Company’s intellectual property in any way, including electronic, digital, or new trademark registrations, without the prior written consent of the Company.

Your access and/or usage of this Website should not be construed as granting, by implication or otherwise, any license or right to use any trademarks or intellectual property appearing on the Website.

User Accounts

As a User of this Website, you may be asked to register with us and provide private personal information and data such as: name, surname, email address, password etc. You are solely responsible for ensuring the accuracy of this information, and for maintaining the safety and security of your identifying information. You are also responsible for all activities that occur under your user account and/or password (including fraudulent user thereof). The Company will not be liable for any damage and/or loss suffered by the User as a result of such acts.

If you think there are any possible issues regarding the security of your account on the website, inform us immediately so we may address them accordingly. We reserve all rights to terminate accounts, edit or remove content and cancel orders at our sole discretion.

Suspension

We may suspend your access or use of the Website immediately, with or without notice to you, and without any liability, if we determine that your access or use of the Website presents a threat or security risk. The suspension could be temporary or indefinite depending on the nature of the threat.

Links

The Website may contain Links to other third-party websites. These Links are not under the ownership and/or control of the Company and thus the Company is not responsible for the completeness, accuracy, lawfulness or reliability, including but limited to, the text, logos, information, content, changes, updates or any other links contained in the third-party site. Moreover, where the Company provides these Links, it does so only as a convenience and because we believe in good faith that such a website contains or may contain information and material which you may find useful. The inclusion of any Links on the Company’s Website does not imply any kind of review, approval or endorsement of the third-party’s website or its contents on our behalf.

Accordingly, the Company or any of its subsidiaries, affiliates, business partners, related companies and employees shall be held responsible for the information and content of the third-party site, or any other website, including any website through which you may have gained access to our Website, or to which you may gain access from our Website. We do not accept any liability in connection with any such websites or third-party links.

Force Majeure and Events Beyond our Reasonable Control

The Company will not be held responsible for any delay or failure to comply with our obligations under these Website Terms and Conditions if the delay and/or failure arises from any cause which is beyond our reasonable control, including but not limited to, natural disasters, war, terrorist acts, industrial disputes, strikes, power outage, legislation and regulation from national, foreign and international administrative, civil or judicial authorities. In the case of a force majeure event, the Company will take the actions and measures that are reasonably necessary to limit the negative consequences of such a situation.

Indemnification

You hereby agree to indemnify and hold the Company and its owners, operators, officers, directors, employees, agents, subsidiaries, affiliates, business partners, related companies harmless, from and against all legal claims and demands that may arise from:

(i) Your violation of any of these Terms and Conditions;

(ii) Your violation of any of the Company’s copyrights, intellectual property rights, property or privacy rights;

(iii) Your use or misuse of our Website.

We reserve the right to select our own legal counsel. This indemnification obligation will survive these Terms and Conditions and your use of the Website.

Exclusion and Limitation of liability

The information provided on this Website is believed to be true, accurate and reliable when posted however, the Company cannot guarantee that the information provided on this Website will be accurate, complete and current at all times. In no event will the Company be liable to the Customer, User or any other persons for any direct, indirect, special or other consequential damage, loss of profits, damage to reputation or any other damage and/or loss sustained of whatsoever nature which results from his/her reliance on information contained on this Website, and/or is related to the use of this Website, and/or use of any other Link on this Website.

Changes or Updates to this Website

The Company may update or change this Website from time to time in order to reflect any changes in the Company’s products, services, business activities or the Users’ needs. Accordingly, as a result of changes taking place, technical errors, operational reasons or maintenance, the Website (or parts of it) could be temporarily unavailable or interrupted. In such a case, we shall try to give you a reasonable notice prior to any changes however, this cannot be guaranteed.

Changes or Updates to these Terms and Conditions

The Company reserves the right at any time to supplement, modify, amend or update these Terms and Conditions at its absolute discretion. The Company shall therefore, post the latest version of these Terms and Conditions its Website and such supplemented, modified or amended terms shall be effective as of that revision date. By continuing to use this Website following any such changes, implies that you agree to be bound by any such revisions. You should therefore periodically visit the Company’s Website to be duly informed as to the Terms and Conditions which currently apply.

Breach of these Terms and Conditions

In case of breach of these Terms and Conditions by any User, the Company may and will take all necessary actions to protect its rights. Accordingly, the Company reserves the right, in its sole discretion, to terminate your access to the Website and the related services or any portion thereof at any time, without notice.

Disputes and Jurisdiction

Any dispute related in any way to your visit and/or usage of this Website shall be subject to the jurisdiction of the courts of Lithuania and you consent to the exclusive jurisdiction and venue of such courts.

Nonetheless, without prejudice to the above paragraph, the Company reserves its rights to bring an action before the Courts of any other country.

Applicable law

By visiting and/or using this Website, you agree that the laws and regulations of the Republic of Lithuania, without regard to principles of conflict laws, will govern these Terms and Conditions, or any dispute of any sort that might come between the Company and you, or its affiliates, business partners and associates.

Severability

In the event that any provisions of these Terms and Conditions are found by any competent authority or court to be invalid, unlawful or unenforceable to any extent, such term or provisions shall to that extent be severed from the remaining terms which shall continue to be valid and enforceable to the fullest extent permitted by law.

Assignment

The Company is allowed to assign, transfer or subcontract its rights and/or obligations under these Terms and Conditions without any notification or consent required.

Entire Agreement

These Terms and Conditions constitute the entire agreement between the Company and the User in relation to the use of this Website, and it supersedes and replaces all prior terms and conditions, agreements and understandings.

This website uses cookies
We, our business partners and other contracted third parties will use cookies to access your website browser (or internet-based device) to collect and store some personal data about you in order to personalize your experience with us by remembering your preferences during your visits, to improve your usage of the website, to analyze our traffic, to provide you with targeted marketing and to achieve other purposes as outlined in the Cookies Policy. Some of these cookies are necessary for the website to operate and therefore you cannot opt-out, while others are optional. You can control the usage of your personal data at all times. Thus you may: (a) consent to the use of all cookies by clicking “Accept All” or (b) manage your preferences and accept some of them, or none of them, by visiting the “Cookie Settings” and making a granular choice. Moreover, you can change your mind at any point in time and withdraw your consent by revisiting this Cookies Bar.