CHAPTER I   GENERAL PROVISIONS

Article 1 (Purpose)

The purpose of this General Terms and Conditions is to clearly prescribe the relationship of rights and obligations between the Company and users that intend to use the e-financial transaction by setting forth the basic matters on the e-financial transaction (hereinafter referred to as the “e-financial transaction service”) that Hanpass Co., Ltd. (hereinafter referred to as "the Company") provides.

Article 2 (Definitions of Terminologies)

The definitions of terminologies prescribed under this General Terms and Conditions are shown as follows and the definitions of terminologies not separately prescribed under this General Terms and Conditions shall follow the matters prescribed under the ⸢Electronic Financial Transaction Act⸥ and pertinent laws and regulations.

  1. The term of “e-financial transaction” means the transaction that the Company provides the e-financial transaction service through the electronic device and the user uses the same by the automated method without personally encountering or communicating with the employees of the Company.
  2. The term of “e-payment transaction” means the e-financial transaction by the person who provides fund (hereinafter referred to as the “payer”) to cause the Company to use the e-payment means to have the person receiving the fund (hereinafter referred to as the “recipient”) to use the fund.
  3. The term of “e-payment means” means the payment means following the electronic method prescribed under Article 2 (xi) of the ⸢Electronic Financial Transaction Act⸥, such as, prepaid e-payment means, e-currency, etc. However, it shall exclude the debit e-payment means and credit card in accordance with the e-financial transaction service that the Company provides.
  4. The term of “electronic device” means the device used for forwarding or processing the e-financial transaction information by electronic method and it is the device to forward or process the information by automatic cash dispenser, automated teller machine, terminal for payment, computer, phone and other electronic methods.
  5. The term of “e-document” means the information prepared, forwarded, received or stored in electronic type under the information processing system following Article 2 (i) of the ⸢Framework Act on Electronic Document and Electronic Commerce⸥. A document under this General Terms and Conditions includes e-document.
  6. The term of “user” means any person who intends to use the e-financial transaction service that is provided by the Company after agreeing to this General Terms and Conditions.
  7. The term of “password” means the combination of numbers and alphabet established by user and approved by the Company for protecting the identification and information of the users
  8. The term of “access medium” means the ones set forth under Article 2 (x) of the Electronic Financial Transaction Act such as, e-card and applicable e-information, e-signature information under the ⸢Electronic Signature Act⸥ and signature, user number registered on the Company, bio-information of users in order to secure the genuineness and accuracy of the user and transaction contents or engaging in the transaction instruction for e-financial transaction.
  9. The term of “transaction instruction” means the disposition of e-financial transaction for the Company in accordance with the e-financial transaction contract executed under this General Terms and Conditions by the users.
  10. The term of “error” means the case where the e-financial transaction is not carried out in accordance with the e-financial transaction contract or transaction instruction of user without intentional or negligent act of the user.
  11. The term of “franchise store” means the person providing monetary term or service to the user for transaction under the e-payment means in accordance with the contract with the Company who is not an electronic financial company.

Article 3 (Organization and Contents of Electronic Financial Transaction Service)

  1. Issuance and management service of prepaid e-payment means