1. Object
The promotion named "belo QR Cashback Promotion at Clover Terminals" (hereinafter, the "Promotion") consists of granting a promotional Cashback to Users who make payments using a Crypto QR Code (as defined below) through the App at Fiserv's Clover terminals located in the Argentine Republic, in accordance with the terms and conditions set forth herein (hereinafter, the "Particular Terms and Conditions").
The Promotion is organized and managed by the Organizer, who fully assumes responsibility for the definition, management, settlement, and delivery of the Cashback.
These Particular Terms and Conditions govern the Promotion exclusively and complement the General Terms and Conditions of the Application available at https://help.belo.app/en/articles/5362779-general-terms-and-conditions (hereinafter, the "General Terms and Conditions"), which are incorporated by reference. In the event of a conflict between both instruments, the Particular Terms and Conditions shall prevail in all matters relating to the Promotion. All capitalized terms not defined herein shall have the meaning assigned to them in the General Terms and Conditions.
Participation in the Promotion implies the express and irrevocable acceptance of these Particular Terms and Conditions and the General Terms and Conditions in their entirety.
2. Definitions
For the purposes of these Particular Terms and Conditions, the following definitions shall apply:
"Crypto QR Code": the quick response code (Quick Response Code) containing the necessary information to identify the recipient and process a Transaction.
"Transaction": each payment made in Virtual Assets using a Crypto QR Code through the App at Fiserv's Clover terminals located in the Argentine Republic, which complies with the requirements set forth in these Particular Terms and Conditions.
"Organizer": the entity responsible for the organization, management, and settlement of the Cashback in accordance with the provisions of the General Terms and Conditions.
"Cashback" ("Reintegro"): the amount in Virtual Assets determined according to the mechanics established in Clause 6 of this document, which the Organizer will credit to the User's Account as a promotional benefit, at no cost to the User.
"Fiserv Clover Terminal": the physical or digital point-of-sale device or system operated under the Clover brand, whose payment processing infrastructure is provided by Orangedata S.A., located in the Argentine Republic, through which Users can make payments via Crypto QR Code with the App.
3. Validity
The Promotion will be valid from 00:00 hours on July 6, 2026, until 23:59 hours on July 19, 2026 (Argentine Republic time, UTC-3) (hereinafter, the "Promotion Period").
The Organizer reserves the right to extend the Promotion Period, by notifying Users through the Organizer's official channels.
Likewise, the Organizer reserves the right to modify, suspend, or cancel the Promotion, in whole or in part, at any time and for any reason, including, but not limited to, commercial, technical, operational, regulatory, or security reasons. In the event of early cancellation of the Promotion, the Cashback generated by Transactions carried out prior to the effective date of the cancellation will be recognized and credited as provided in these Particular Terms and Conditions.
4. Eligible Users
All Users of the Application who, at the time of making the payment that originates the Cashback and throughout the Promotion Period, meet all of the following requirements may participate in the Promotion:
Be over 18 years of age;
Have an active belo Account, regardless of the User's country of residence or nationality;
Not be in a situation of suspension, compliance review, or with limited access to the account for any reason, at the time the Cashback is credited.
Users whose accounts are suspended or subject to a compliance review with limited access are expressly excluded from the Promotion, regardless of whether the payment generating the Cashback was made during the Promotion Period prior to the suspension or restriction. The Cashback generated by such payments will not be credited.
5. Acceptance and Verification
Participation in the Promotion implies full and unreserved acceptance of these Particular Terms and Conditions and the General Terms and Conditions of the App.
The Organizer reserves the right to verify at any time compliance with the eligibility requirements, and may exclude from the Promotion Users who do not comply with them or who attempt, by any means, to defraud or manipulate the Promotion, at its sole discretion.
6. Mechanism of the Promotion
6.1. General Description
During the Promotion Period, Eligible Users who make payments via Crypto QR Code through the App at Fiserv's Clover terminals in physical stores in the Argentine Republic will receive an automatic Cashback equivalent to a percentage of the amount paid in each Transaction, at no cost to the User.
6.2. Cashback Percentage
For each Transaction made by the User during the term of the Promotion, a Cashback equivalent to a percentage of the total amount of the Transaction will be credited, assigned randomly according to an algorithm determined by the Organizer for the purposes of the Promotion, in accordance with the following probability distribution:
Cashback Percentage | Assignment Probability |
2% | 97% |
4% | 0.5% |
6% | 0.5% |
8% | 0.5% |
12% | 0.5% |
21% | 1% |
The assigned percentage will be informed to the User through the App once the operation is confirmed.
6.3. Weekly Limit per User
The cumulative Cashback per User will be subject to a maximum limit of $10,000 (ten thousand Argentine Pesos) per month. For the purposes of this limit, the month will be computed as a period of thirty (30) calendar days counted from the date and time the User makes their first Transaction within the Promotion Period. The subsequent period will be computed consecutively from the expiration of the previous period. Cashback amounts that exceed the monthly limit will not be credited or carried forward to subsequent periods.
6.4. Crediting
The Cashback will be credited to the User's belo Account in its equivalent in Tether USD (USDT), within twenty-four (24) hours following the Transaction that originates it. The equivalent value in USDT will be calculated according to the exchange rate in force at the time of crediting, according to the quotation used by the App.
The Cashback has no legal tender value, is not exchangeable for cash, and is not transferable to third parties, and may only be used in accordance with the features available on the Platform.
It is hereby stated that, in the event that the Transaction that originated the Cashback is totally or partially unrecognized, canceled, or reversed for any reason, the Organizer may debit the equivalent amount of the credited Cashback from the User's belo Account, without prior notice, leaving a record of said operation in the transaction history of the User's belo Account.
In the event that the available funds in the belo Account are insufficient for the aforementioned debit, the User expressly authorizes the Organizer to retain the corresponding amount from any subsequent crediting until its full recovery.
7. Eligible Terminals and Channels
The Promotion applies to payments made using the Crypto QR Code available in the App at enabled Fiserv Clover terminals in the Argentine Republic, including both terminals at physical points of sale and digital payment channels (e-commerce) operating under the same infrastructure.
There is no exclusion by line of business or Merchant Category Code (MCC). Notwithstanding the foregoing, transactions that are canceled, reversed, or rejected for any reason after the Cashback has been credited are excluded, in which case the Organizer may deduct the credited Cashback from the User's balance.
8. Limitations and Exclusions
Without prejudice to the other conditions established in these Particular Terms and Conditions, the Cashback will not be credited in the following cases:
Payments made outside the Promotion Period;
Payments made at terminals that are not Fiserv Clover terminals located in the Argentine Republic;
Transactions canceled, reversed, rejected, or disputed for any reason;
Payments made by Users who, at the time of crediting, do not comply with the eligibility requirements established in Clause 4;
When the User has reached the limit of Cashback in accordance with Clause 6.3.
9. Liability
The Organizer shall not be liable for: (i) technical failures or interruptions in third-party systems that prevent the correct crediting of the Cashback; (ii) delays in crediting attributable to congestion on blockchain networks or causes not attributable to the Organizer; (iii) the use that the User makes of the credited Cashback; or (iv) tax obligations or any other legal nature corresponding to the User by virtue of receiving the Cashback, which shall be the sole responsibility of the User.
The Organizer's liability in relation to this Promotion is limited, in all cases, to the value of the Cashback effectively accrued and not credited due to a cause attributable to the Organizer.
10. Applicable Law and Jurisdiction
These Particular Terms and Conditions are governed by the laws of the Argentine Republic. For any controversy derived from the interpretation, application, or compliance herewith, the parties submit to the jurisdiction of the Ordinary Courts of the Autonomous City of Buenos Aires, expressly waiving any other jurisdiction that may correspond to them.