Effective Date: January 1, 2025
1. Introduction
These Terms and Conditions (“Terms”) govern the use of Apple Pay provided by Commonwealth Bank Limited (“the Bank”, “we”, “us”, or “our”) in the Bahamas. By adding your Commonwealth Bank issued card (“Card”) to Apple Pay, you agree to these Terms.
2. Definitions
“Card”: Any debit or credit card issued by the Bank.
“Apple Pay”: A mobile payment and digital wallet service by Apple Inc. that allows the use of certain Apple devices for transactions.
“You” or “User”: The holder of a Commonwealth Bank issued card who adds it to Apple Pay.
3. Eligibility
To use Apple Pay, you must:
-Hold a valid Commonwealth Bank issued card.
-Have an eligible Apple device.
-Comply with Apple’s terms and conditions for Apple Pay.
4. Adding Your Card to Apple Pay
4.1 Card Verification: You must verify your card through the Bank’s verification process to add it to Apple Pay.
4.2 Limits: The Bank reserves the right to impose limits on the number of cards you can add to Apple Pay.
5. Using Your Card with Apple Pay
5.1 Transactions: You can use Apple Pay to conduct transactions at merchants who accept Apple Pay, in-app purchases, and other Apple Pay enabled transactions.
5.2 Fees: The Bank does not charge fees for adding your card to Apple Pay. Standard transaction fees, charges, and interest rates associated with your card will apply.
5.3 Transaction Limits: Transaction limits for Apple Pay will be the same as those applicable to your card.
6. Security
6.1 Authentication: You must use your device’s authentication methods (e.g., Face ID, Touch ID, or passcode) to authorize transactions.
6.2 Security of Your Device: You are responsible for maintaining the security of your Apple device. Do not share your authentication credentials with anyone.
6.3 Lost or Stolen Devices: If your device is lost or stolen, or if you suspect unauthorized use of your card in Apple Pay, you must notify the Bank immediately.
7. Liability
7.1 Your Liability: You are responsible for all transactions made using Apple Pay. The Bank will not be liable for any losses or damages resulting from your use of Apple Pay, unless caused by the Bank’s negligence or willful misconduct.
7.2 Bank’s Liability: The Bank’s liability is limited to correcting errors, refunding unauthorized transactions, and resolving disputes in accordance with existing cardholder agreements and applicable laws.
8. Privacy and Data Protection
8.1 Data Collection: By using Apple Pay, you agree that the Bank may collect and share information about you and your transactions with Apple Inc. and other parties as necessary to provide the service.
8.2 Use of Data: The Bank will use your data in accordance with its Privacy Policy.
9. Amendments
The Bank reserves the right to amend these Terms at any time. Changes will be communicated to you via your registered contact information or through the Bank’s website.
10. Termination
10.1 By You: You may remove your card from Apple Pay at any time.
10.2 By the Bank: The Bank may suspend or terminate your use of Apple Pay at any time for any reason, including but not limited to, suspected fraud, breach of these Terms, or termination of the Apple Pay service.
11. Governing Law
These Terms are governed by and construed in accordance with the laws of the Bahamas. Any disputes arising out of or in connection with these Terms will be subject to the exclusive jurisdiction of the courts of the Bahamas.
12. Contact Information
For any questions or assistance regarding these Terms or Apple Pay, please contact us at:
Commonwealth Bank Limited
Address: William B Sands Plaza, Mackey St, Nassau, Bahamas
Phone: 1-242-394-2273
Email: cbcontact@combankltd.com
By adding your card to Apple Pay, you acknowledge that you have read, understood, and agreed to these Terms and Conditions.
