-
Underwriting and Identity Verification
Zeedle will review the information you submit while signing up. You authorize Zeedle to request identity verifying information about you, including a consumer report that contains your name and address. Zeedle may periodically obtain additional reports to determine whether you continue to meet the requirements for a Zeedle Account. You permit Zeedle to share information about you and your application (including whether you are approved or declined), and your Zeedle Account as specified in the Privacy Policy. Zeedle or its processor and/or acquiring bank may conclude that you will not be permitted to use Zeedle Services.
-
Requests for Additional Information and Inspection
Zeedle may request additional information from you at any time. For example, Zeedle may ask you to present proof of your real estate license, a government issued identification such as a passport or driver’s license, a business license, or other information. If you refuse any of these requests, your Zeedle Account may be suspended or terminated.
-
Dormant Zeedle Accounts
If you do not use your Zeedle Account for an extended period of time or have not linked a valid bank account, you may have a Balance that is deemed “unclaimed” or “abandoned” under your state’s law. If this occurs, Zeedle will provide you with notice as required by applicable law.
-
Applicable Network Rules
By using Zeedle Services, you agree to comply with all applicable bylaws, rules, and regulations set forth by the Networks (“Network Rules”). The Networks amend their rules and regulations from time to time. Zeedle may be required to change these terms in connection with amendments to the Network Rules. In the event of inconsistency between a Network Rule and these Payment Terms, and except as otherwise agreed between Zeedle and the Network, the Network Rule shall apply.
-
Taxes
You are responsible for determining any and all taxes assessed, incurred, or required to be collected, paid, or withheld for any reason for your use of the Payment Services (“Taxes”). You also are solely responsible for collecting, withholding, reporting, and remitting correct Taxes to the appropriate tax authority. We are not obligated to, nor will we determine whether Taxes apply, or calculate, collect, report, or remit any Taxes to any tax authority arising from any transaction. Zeedle specifically disclaims any liability for Taxes. If in a given calendar year you process (i) more than $20,000 in gross amount of payments and (ii) more than 200 payments, Zeedle will be required by law to report information about you and your use of the Payment Services to the Internal Revenue Service (“IRS”). For purposes of determining whether you have met the IRS reporting threshold, the gross amount does not include any adjustments for credits, cash equivalents, discount amounts, fees, refunded amounts or any other amounts. Whether you reach $20,000 in payments or more than 200 payments will be determined by looking at the taxpayer identification number (“TIN”) associated with your Zeedle Account, including the applicable social security number (“SSN”) or entity identification number (“EIN”).
-
Network Logos and Marks
Your use of Network logos and marks (“Marks”) is governed by the Network Rules; you must familiarize yourself with and comply with these requirements. The Networks are the sole and exclusive owners of their respective Marks. You will not contest the ownership of the Marks, and any Network may prohibit you from using its Marks for any reason and at any time. Zeedle may require you to make modifications to your Website or other advertising and signage in order to comply with Network Rules related to the Marks.
-
Failure to Comply with Network Rules or Security Standards
Notwithstanding Section 34 of these terms or Section 15 of the General Terms, you understand that your failure to comply with the Network Rules or the PCI-DSS security standards, including the compromise of any Card information, may result in fines or other losses to Zeedle. You will indemnify us and reimburse us immediately for any fines or losses directly or indirectly caused by your and your agents’ actions.
-
Receipts for 501(c)(3) Organizations
If you operate a 501(c)(3) organization, you may offer Zeedle electronic receipts to your donors as a convenience, by completing the required fields in the “Account” section of our website. You acknowledge that not all payments made to your organization may be eligible for classification as “tax deductible to the extent allowed by law,” and you assume full responsibility for the classification of your transactions. Zeedle specifically disclaims any liability in this regard.
-
Refunds and Returns
Once you have created your Zeedle account, a monthly rate will be billed. You agree to pay that amount and no refund or return will be accepted for that term of service without approval of Zeedle customer support. The amount of the refund/adjustment must include any associated taxes required to be refunded and cannot exceed the amount shown as the total on the original sales data except by the exact amount required to reimburse for postage that the customer paid to return merchandise.
-
Additional Indemnity
You will indemnify, defend, and hold us and our processors (and our respective employees, directors, agents, affiliates and representatives) harmless from and against any and all claims, costs, losses, damages, judgments, Tax assessments, penalties, interest, and expenses (including reasonable attorneys’ fees) arising out of any claim, action, audit, investigation, inquiry, or other proceeding instituted by a person or entity that arises out of or relates to any transaction submitted by you through the Payment Services (including the accuracy of any content or product, service, or transaction information that you provide or any claim or dispute arising out of products or services offered or sold by you).
-
Additional Representations, Warranties, and Covenants
With each transaction you submit through Zeedle, you represent, warrant and covenant to us that: (a) the Card transaction represents a bona fide sale; (b) the Card transaction accurately describes the goods and/or services provided to the customer; (c) you will fulfill all of your obligations to the customer and will resolve any dispute or complaint directly with the customer; (d) you and the transaction comply with all federal, state, and local laws, rules, and regulations applicable to you and your business, including any applicable tax, wage and hour, and tip laws and regulations; (e) except in the ordinary course of business, you are not submitting a transaction that represents a sale to any principal, partner, proprietor, or owner of your entity.