API

Means an application programming interface consisting of a set of functions and protocols for building and integrating application software.

Payment Services

Means conduction money transfers from one bank account to another initiated by the End Clients' use of the Payment Solution, as further described in the ZTL Documentation Portal.

Intellectual Property Rights

Means current and future rights under applicable patent, copyright, trademark, design, marketing, database and other law as well as other similar registrable or non-registrable rights.

Personal Data

Means any information relating to an identified or identifiable natural person explicitly defined as a regulated category of data under the applicable Data Protection Law (as defined above).

Implementation Project

Means the project that establishes an interface between the Software Solution and the Payment Solution, making the Payment Solution available to the End Clients, as an integrated functionality in the Solution.

Claim

Means any and all claims, losses (including economical losses), demands, taxes, liens, liabilities, judgments, awards, provisional injunctions, remedies, debts, damages, injuries, costs, legal and other expenses, or causes of action of whatsoever nature, and in whatever jurisdiction the foregoing may arise.

Payment Solution Aggregate Data

Means any report, statistic, pattern, log, trend, database, metadata and similar high-level collection of data generated by the use of the Payment Solution, which is neither Authorised User Data nor Personal Data. Fully anonymized data from Authorised User Data or Personal Data included as part of Payment Solution Aggregate Data will be considered parallel data sets and be independent from their original datasets for the purpose of title and ownership.

Authorised User Data

Means any content, materials, data, Personal Data or other information uploaded or otherwise introduced to the Payment Solution and/or the Software Solution by an Authorised User in relation to its use of the Payment Solution and/or the Software Solution.

Software Solution

Means the Partner's application through which the Partner will provide access to the Payment Solution for the End Clients.

Payment Solution

Means ZTL's solution including its APIs for pricing and processing payments as further detailed in the solution description provided in the ZTL Documentation Portal to which the Partner has been provided access by ZTL.

Financial Services Regulations (FSR)

Means all laws, regulations, policies and standards etc. applicable to the provision of financial services through the Payment Solution, including (a) the Financial Institutions Act 2015 (Nw: Finansforetaksloven); (b) the Anti-Money Laundering Act 2018 (Nw: Hvitvaskingsloven); (c) the Financial Contracts Act 1999 (Nw: Finansavtaleloven); (d) the Payment Services Regulation 2019 (Nw: Forskrift om betalingstjenester); (e) the Systems for Payment Services Regulation 2019 (Nw: Forskrift om systemer for betalingstjenester); (f) the Regulations on Risk Management and Internal Control 2008 (Nw: Forskrift om risikostyring og internkontroll); and (g) instructions and guidance issued by the Financial Supervisory Authority (FSA) (Nw: Finanstilsynet).

Data Protection Law

Means (a) the General Data Protection Regulation 2016/679 (GDPR); (b) the Norwegian Personal Data Act 2018 (In Norwegian ("Nw"): Personopplysningsloven); and (c) and any other laws, regulations, policies and standards applicable to the processing of Personal Data (as defined below) implementing and/or supplementing the aforementioned.

Software Solution Aggregate Data

Means any report, statistic, pattern, log, trend, database, metadata and similar high-level collection of data generated by the use of the Software Solution, which is neither Authorised User Data nor Personal Data. Fully anonymized data from Authorised User Data or Personal Data included as part of Software Solution Aggregate Data will be considered parallel data sets and be independent from their original datasets for the purpose of title and ownership.

ZTL Documentation Portal

Means the digital documentation repository maintained by ZTL to which the Partner is given access under this Agreement, electronically available at https://docs.ztlpay.io/#getting-started .

Authorised User

Means a user of the Software Solution that subscribes to, accesses and uses the Payment Solution.

Release(s)

Means the planned roll-out and implementation of updates, improvements and further developments to the Payment Solution in its production environment, as further detailed in clause 7.3.

Information Services

Means the account information services which ZTL shall offer to provide to the End Clients in addition to or independent of the provision of Payment Services, as further described in the ZTL Documentation Portal.

End Clients

Means the customers using the Payment Solution for Payment Services.

Roll-out date

Means the mutually agreed date in the implementation plan where ZTLs Payment Solution is made available to a larger group of end-clients, following a successful pilot phase

Regulatory Requirements

Means all regulations, laws, policies, standards and instructions from supervisory authorities applicable to the Payment Solution, the Software Solution and/or the processing of data therein (as required by the context), including the Data Protection Law and Financial Services Regulations.