8.1. Any change in prices that might occur for one or more destinations shall be communicated to You via email and/or noted on our website. Such changes will be effective immediately unless differently noted when communicated.
8.2. You shall be solely responsible, by seeking adequate Chargeable Event credit allocation(s) and checking Your remaining available Chargeable Event credit level on Our website, for ensuring that You have enough Chargeable Event credits to meet Your requirements from time to time and We shall not be in any way responsible or liable in the event that You have insufficient Chargeable Event credits to meet Your requirements, and/or have exceeded Your Chargeable Event credit allocation(s), for any period.
8.3. For the avoidance of doubt, a charge will be incurred for every Chargeable Event conducted by You regardless of whether it is successfully delivered.
8.4. If You do not pay any CLIENT Charges in accordance with the applicable payment terms, We reserve the right to, in Our sole discretion, suspend Your access to the Service and/or cease to allow any Chargeable Event to be conducted by You until further payment is received by Us which fully covers any unpaid Charges.
8.5. You are responsible for the payment of all bank and finance charges. Please ensure that the amount received on Our bank account, after deductions, corresponds to the full amount you owe Us.
8.6. The currency used for any operations governed by this Agreement is the currency of the country of Our registered seat unless other currency is specified in the Business Proposal or the invoice. In case of conflict or contravention the currency specified in the invoice shall prevail.
8.7. Prepaid Terms. You agree to pay all charges due to Us in respect of making the Service available to You and Your access to and use of the Service (“CLIENT Charges”) by the prepayment method and in accordance with the terms as set hereof.
You agree to pre-purchase credits for each month of the Agreement or such other period as is agreed between us, in which case We will allocate to You a corresponding credit. Each Chargeable Event that You conduct using the Service will therefore reduce the value of the credits available to You by the corresponding amount.
You will not be able to receive any refund for the payment made (“No refund, exchange only”). The latter shall not prevent any refund to be made according to the applicable customer protection laws.
The credits are valid twelve (12) months from the prepayment.
8.8. Post Paid Terms. In the event Infobip has, in its own discretion, agreed to enable a post-paid model for Your usage of the Services, the following shall apply:
Infobip shall issue an invoice on a monthly basis. Invoices shall be issued by the 10th day of every month for the previous month. Payment must be made within (15) fifteen days from the date the invoice was issued, unless Infobip has, in its own discretions, approved longer payment term.
In the event You dispute in good faith any portion of INFOBIP’s invoice (a “Fee Dispute”), You shall inform Us of the Fee Dispute no later than the due date for payment of the relevant invoice (“Fee Dispute Notification”). A Fee Dispute Notification shall specify which portion of the invoice is disputed with reference to the specific logs within the statement logs generated from the INFOBIP Platform. The Parties shall exercise reasonable efforts to resolve the Fee Dispute within 30 (thirty) days from date of the Fee Dispute Notification. In the event that the Parties are not successful in resolving the Fee Dispute within such time frame, the Fee Dispute shall be resolved in accordance with the dispute resolution process set out in the Agreement.
For the avoidance of doubt, You shall pay any invoice in respect of which a Fee Dispute Notification has not been made (or made out of time) or the undisputed portion of any invoice that is the subject of a Fee Dispute (together, “Undisputed Fees”) by the due date stipulated.
If any Undisputed Fees due under this Agreement are not paid on or before the due date for payment, You shall be notified such delay in payment and You agree to pay interest, accruing daily, on the overdue sum from the due date until the date of payment at the (i) rate equal to 1% monthly and 12% annually or (ii) the statutory rate for late payment in jurisdiction of the Your registered seat, whichever is higher.
You shall not use Infobip Services in amounts exceeding the maximum monetary amount that You are permitted to spend on the Infobip Services per month which shall be communicated to You via email and established in Infobip’s own discretion (hereinafter “Monthly Credit Limit”). The Monthly Credit Limit shall be effective immediately and/or until or unless differently communicated by Infobip in accordance with this Agreement. If You reach the Monthly Credit Limit, prior to the end of the relevant month, Infobip may immediately suspend the Services at its discretion.
If Infobip suspends the Infobip Services under this section, You may pay any outstanding amount to lift the suspension, and the Monthly Credit Limit usage of Infobip Services counting towards the Monthly Credit Limit will restart on the 1st day of the following month.
During the Term, You shall not use Infobip Services in amounts exceeding the maximum predefined amount which represents the total monetary amount which can, at any point of time, be generated (for traffic / service including all related fees) to Infobip from You (hereinafter the “Total Credit Limit”). The Total Credit Limit shall be communicated to You via email and established in Infobip ‘s own discretion and shall apply immediately and/or until or unless differently communicated to You by Infobip in accordance with this Agreement.
If You reach the Total Credit Limit, Infobip may immediately suspend the Services at its discretion.
If Infobip suspends the Infobip Services under this section, You may pay any outstanding amount to lift the suspension.
Both the Monthly Credit Limit and Total Credit Limit (together, the “Credit Limits”) shall be established by Infobip and will be based on Infobip’s assessment of Your financial and operational wellbeing, taking into account relevant information, whether available as a matter of public record or submitted by You, if You chooses to do so at Your own discretion.
Infobip shall not unreasonably withhold consent for the appropriate adjustment of any Credit Limit if You request so, unless Infobip disagrees, in which case Infobip shall, upon Your request, provide You with the reasons which have prevented the requested adjustment. Infobip may adjust any Credit Limit by giving You a 7 (seven) days’ prior notice.
We may require You to pay a deposit prior to the start of Our Services which amount shall present a payment guarantee for the term of the Agreement. The deposited amount shall be communicated to You via email and shall be in correlation with You predicted usage of Our Services.
The deposit shall be calculated based on traffic forecast and may be adjusted during the term of this Agreement after mutual consultation. Upon termination of the Agreement, the deposit will be refunded to You after the set-off of the deposit against the amounts due by You to Us, if any.