OVERVIEW These terms and conditions ("Terms") outline the terms of the "30-day free trial" promotion ("Promotion") for Volume Payments Ltd. ("Product"). By participating in this Promotion, you ("Merchant") agree to adhere to these Terms. 1. Eligibility:
1.1. The Promotion is open to new merchants who subscribe to the Volume Open Banking Checkout Product within the promotional period as specified below. Promotion is not available to merchants that already have signed a contract with Volume.
1.2. The Promotion is only available for merchants whose first live transaction using the Volume Open Banking Checkout Product is completed within 60 days from the date of contract sign ("Promotional Period").
1.3. To be eligible for the Promotion, merchants must have annual payment processing between £500,000 and £20,000,000.
2. Promotion Details:
2.1. The Promotion entitles eligible merchants to receive one 30 day of free usage of the Volume Open Banking Checkout Product. The free 30 day will be applied to the merchant's account after completing the first live transaction within the Promotional Period.
2.2. The free 30 days covers the subscription fees for the Volume Open Banking Checkout Product and does not include any additional fees, charges, or costs. No invoice will be issued for the first 30 days.
3. Subscription and Activation:
3.1. To participate in the Promotion, the Merchant must complete Volume Open Banking Checkout integration within the Promotional Period.
3.2. The Merchant must complete the integration and activation process for the Volume Open Banking Checkout, and the first live transaction must occur within 60 days from the date of the contract being signed.
4.1. The Promotion cannot be combined with any other offers, discounts, or promotions unless explicitly stated.
5. Subscription Fees:
5.1. After the free 30-days period expires, the Merchant will be billed according to standard pricing for the Volume Open Banking Checkout Product, unless the Merchant chooses to cancel the subscription. No additional fees will be applied.
6.1. The Merchant reserves the right to terminate or suspend the Promotion at any time without prior notice.
7. Modification of Terms:
7.1. The Merchant reserves the right to modify, suspend, or terminate these Terms and the Promotion at any time without prior notice.
8.1. These Terms constitute the entire agreement between the Merchant and the Promotion Provider regarding the Promotion and supersedes all prior and contemporaneous agreements, understandings, representations, and warranties.
8.2. These Terms shall be governed by and construed in accordance with the laws of the jurisdiction where the Promotion Provider operates.By participating in the Promotion, the Merchant acknowledges and agrees to be bound by these Terms and Conditions. If any provision of these Terms is found to be invalid or unenforceable, the remaining provisions will remain in full force and effect.
Volume Payments Limited is a private limited company with company number 12431529 Volume Payments Limited, is a distributor of Modulr FS Limited, a company registered in England and Wales with company number 09897919, which is authorised and regulated by the Financial Conduct Authority as an Electronic Money Institution (Firm Reference Number: 900573) for the issuance of electronic money and payment services. Your account and related payment services are provided by Modulr FS Limited. Whilst Electronic Money products are not covered by the Financial Services Compensation Scheme (FSCS) your funds will be held in one or more segregated accounts and safeguarded in line with the Electronic Money Regulations 2011. for more information please see the Modulr safeguarding letter