Ready Financial Mobile Banking Terms and Conditions
"Alerts" mean the customized messages in response to the Triggers sent as SMS (as defined herein) to the Customer over their mobile phone.
"Bill Pay" means the facility made available by Ready Financial to the Customer, in accordance with these Terms and Conditions and such other terms and conditions as may be communicated from time to time, which enables the Customer to make Payments from his READYdebit Account to Merchant Establishments for purchase of Utilities/Services by using their Phone(s) under the Mobile Banking Facility.
"Customer" means a person who is a READYdebit Account holder and who has accepted these terms and conditions and owns a Phone that supports SMS.
"Information" shall mean the information provided to/from Ready Financial from/to the Customer.
"Intermediary(ies)" shall mean any entity appointed by Ready Financial and/or any agent/third party appointed by such Intermediaries under a principal-to-principal contract to provide any service related to the Mobile Banking Platform.
"Instructions" shall mean the instructions given to Ready Financial directly or through Intermediaries by the Customer through the Mobile Banking Facility.
"Merchant Establishments" shall mean establishments, wherever located, which honor the Bill Pay mode of making Payments including but not limited to stores, financial institutions, service providers, utilities, etc.
"Mobile Banking Facility" means any and all of the services, some of which may entail payment of a fee, from time to time provided by Ready Financial to its Customers for giving and/or receiving instructions through Phone(s) and shall include the facility of Alerts, Payments or any other service as may be offered by Ready Financial from time to time.
"Payments" means the payments the Customer intends to make by using the Mobile Banking Facility by debit to the READYdebit Account using Bill Pay.
"Phone(s)" shall mean phone(s) owned or in the control of the Customer which supports voice and data exchange offered by any Telephone Service Provider and having distinctive phone number(s) that have either been provided to Ready Financial by the Customer and the Customer has consented for use of such distinctive number for the Mobile Banking Facility.
"READYdebit Account" shall mean a current account or any other account held with Ready Financial by a Customer.
"Remembrance Facility" shall mean an option provided by Ready Financial to its Customers (in respect of certain Utilities/Services) where the Customer may permit Ready Financial to remember certain Details, which Details shall be automatically reproduced the next time the Customer desires to make payments in respect of such Utilities/Services.
"SMS" shall mean Short Messaging Service, being a service offered by Telephone Service Providers and/or any other similar method of electronic communication that may now or at anytime in the future be offered by Telephone Service Provider(s).
"Specific Terms and Conditions" means the specific terms and conditions, as may be either contained in the READYdebit Account Mobile Banking Terms and Conditions or be communicated from time to time, applicable to the Mobile Banking Facility.
"Telephone Service Provider(s)" shall mean any organization permitted to provide telephone services that support voice and data traffic.
"Terms and Conditions" means these terms and conditions including any amendments and any and all annexure, schedules, exhibits, appendices attached to it or incorporated by reference from time to time.
"Triggers" mean the customized triggers to be set or placed by the Customer with Ready Financial with respect to specific event/transactions relating to his READYdebit Account to enable Ready Financial to send the corresponding Alerts to the Customer.
"Utilities/Services" shall mean the products, utilities and services offered by Ready Financial and/or the Merchant Establishments, from time to time, either directly or through Intermediaries, which the Customer may avail of and/or make Payment for, as the case may be, by using the Mobile Banking Facility.
"Website" means the website with the domain name http://www.readydebit.com owned and controlled by Ready Financial.
Agreement to Provide Mobile Banking Facility
On the Terms and Conditions hereinafter provided, Ready Financial offers the Mobile Banking Facility to the Customer for obtaining and giving Information from/to Ready Financial through Alerts, making Payments through Bill Pay, providing READYdebit Account transaction information or any other services as may be offered by Ready Financial from time to time in terms of and subject to acceptance by the Customer of the Specific Terms and Conditions for Mobile Banking Facility.
Reliance of Information and Authority to Act
The Customer hereby confirms, declares and acknowledges that the Phone number(s) provided to Ready Financial is/are owned or in the control of the Customer and that, unless otherwise expressly intimated to Ready Financial in writing or through internet, any communication from and to the said Phone(s) is and shall be with the knowledge of and within the control of the Customer. The Customer hereby confirms and undertakes to inform Ready Financial forthwith upon any change in the Phone number(s), loss of the Phone(s), the Phone(s) being outside the control of the Customer and/or any other change that may effect the provision of the Mobile Banking Facility to the Customer. The Customer shall, in all circumstances, accept full responsibility for any and all Instructions sent to Ready Financial from the Phone(s) and hereby authorizes Ready Financial to act on the Instructions and process any and all transactions, make Bill Pay Payments, debit the Customer's READYdebit Account and do any and all such things and take all such actions as may be necessary to carry out the Instructions including, but not limited to, obtaining all requisite Information and using such Remembrance Facility(ies) as may be necessary, unless the Customer has informed Ready Financial, prior to the receipt of any such Instructions, of any change with regard to the Phone(s) and/or Phone number(s) and such change has been intimated, in writing, to the Customer as having been taken on record by Ready Financial. The Customer shall not contest the same in any manner whatsoever.
Storage and Usage of Information/Instruction
The Customer understands and confirms that Ready Financial may, at its sole discretion, record any and all Information/Instructions relayed from the Phone(s) to Ready Financial directly or through Intermediaries and to the Phone(s) from Ready Financial and/or from Intermediaries and collect and store the same along with all information in such form and manner as it deems necessary and appropriate. The Customer further confirms that the data and Information/Instruction so stored may be relied upon by Ready Financial /Intermediaries, made known to any person who may reasonably require the same and/or produced in evidence in any proceedings or otherwise.
Authority to Offer Services and Effect Changes
The Customer hereby authorizes Ready Financial and/or Intermediaries to send them SMS messages with regard to the provision of any other services/products and/or Utilities/Services until specifically instructed otherwise by the Customer in writing from such Phone(s) or via the Website. The SMS may be sent by the Customer to short code mobile number 42265 for the Utilities/Services or such other mobile number, which may be intimated to the Customer by Ready Financial and/or its Intermediaries, as the case may be. The Customer further understands that if the Customer chooses to perform any transaction or issue any Instructions via the Mobile Banking Facility, the Customer is bound by the Terms and Conditions. The Customer acknowledges and confirms that the Customer has read and accepts and is bound by these Terms and Conditions as stated. The Customer understands that Ready Financial may from time to time amend, modify, or substitute the Terms and Conditions as may be required by it, and the Customer agrees to be unconditionally bound by the same. The Customer understands that the SMS facility provided by the cellular service providers is a chargeable facility and the Customer shall keep himself informed of the charges payable to the cellular service providers for such SMS facility.
General Terms and Conditions
Ready Financial shall use its best endeavors to effect Payments and carry-out Instructions received by it within such time as may be specified by Ready Financial, however, Ready Financial does not guarantee that the Payment or fulfillment of Instructions or availability of the Mobile Banking Facility within such specified time frames since the Mobile Banking Facility depends on various electronic technology used from time to time and may pass through various Intermediaries, which could cause delays in receipt or transmission of any Instructions by/from Ready Financial from/by the Customer. Accordingly, Ready Financial shall not be liable for any loss, damage whether direct or indirect, costs, charges or expenses incurred by the Customer due to a delay or inability in providing the Mobile Banking Facility.
The Mobile Banking Facility shall be available in certain specific regions and to the subscribers of phones of certain specific Telephone Service Providers.
The Mobile Banking Facility will be available to the Customer only if the Customer is within the cellular circles of the Telephone Service Providers or in the circles forming part of the roaming network of such Telephone Service Providers.
Ready Financial may, for any reason whatsoever, decide not to make the Payment and shall communicate such a decision to the Customer as soon as practicable. Ready Financial shall not be held liable for any loss, damage whether direct or indirect, costs, charges or expenses incurred by the Customer in this regard.
In the event that the Customer makes a Payment under the Mobile Banking Facility and such Payment is rejected or returned by the Merchant Establishment for any reason whatsoever, Ready Financial shall refund the amount of the Payment to the Customer and shall not be liable for any late charges, penalty, loss, damage, whether direct or indirect, costs, charges or expenses incurred by the Customer in this regard.
Ready Financial reserves the right to limit, the amount and frequency of Payments that a Customer may make by using the Mobile Banking Facility, with prior intimation to the Customer. Ready Financial further reserves the right to alter, amend, or modify the limits as imposed with prior intimation to the Customer.
Without prejudice to the generality of the aforesaid, processing of all the Instructions is subject to the availability of free, clear and available funds in the Customer's READYdebit Account. In the event of clear funds not being available, Ready Financial shall not process the Instructions and shall not make Payments. The Customer understands that Ready Financial shall not be liable for any late charges, penalty, loss, damage, expenses, whether direct or indirect, incurred by the Customer in this regard and/or the Utilities/Services not being delivered to the Customer by the Merchant Establishments on account of such non-processing of Instructions and the Customer hereby agrees not to hold Ready Financial liable in this regard.
Ready Financial neither endorses the Utilities/Services offered by the Merchant Establishments, nor is it in any manner party to the contracts that may be executed between the Customer and the Merchant Establishments. The Merchant Establishments shall be solely responsible to the Customer to render the Utilities/Services for which Payment is to be made under these Terms and Conditions and Ready Financial shall not be responsible or liable for any deficiency in the same including, but not limited to, deficient quality, delivery, quantity etc., and shall not be made party to any disputes between the Customer and Merchant Establishments. The Customer shall not hold Ready Financial liable for any non-service, delayed service, faulty service rendered by the Merchant Establishments and shall not contact, communicate in any manner whatsoever, inter alia, by electronic mail, phone, SMS, or personal meeting with Ready Financial in this regard.
The Customer understands and acknowledges that any and/or all the Intermediaries may require further authentication codes/devices for provision of the Mobile Banking Facility and may provide the same to the Customer to be used to give Instructions and/or perform certain transactions under the Mobile Banking Facility. The Customer hereby confirms and understands that Ready Financial is, in no way, in a position to control or regulate such authentication codes/devices and shall, consequently not, in any way be, liable or responsible for actions performed by the Customer utilizing the same. The Customer understands that the role of Ready Financial is limited to verification of the READYdebit Account number, validity of the Valid Card, checking the availability of sufficient funds in the READYdebit Account of the Customer and processing the Payments.
The Customer acknowledges that the Mobile Banking Facility is dependent on the infrastructure, connectivity and services provided by the Telephone Service Providers and the Intermediaries engaged by Ready Financial. The Customer accepts that timeliness, accuracy and readability of SMS/Alerts/instructions/Information shall depend on factors affecting the Telephone Service Providers and Intermediaries. Ready Financial shall not be liable for non-delivery or delayed delivery of SMS/Alerts/instructions/Information, Payments, error, loss or distortion in transmission of Information and Instructions to/from the Customer or the Merchant Establishments.
Ready Financial shall endeavor to provide the Mobile Banking Facility on a best effort basis and the Customer shall not hold Ready Financial liable for non-availability of the Mobile Banking Facility or any part thereof or non-performance by any Telephone Service Providers or Intermediaries or any loss or damage caused to the Customer as a result of use of the Mobile Banking Facility for causes which are not attributable to Ready Financial. Ready Financial shall not be liable in any manner to the Customer in connection with the use of the Mobile Banking Facility.
Ready Financial shall be entitled to rely upon all electronic communications, orders or messages to Ready Financial from the Customer whether received by e-mail, SMS or otherwise in the manner prescribed for the same from time to time by Ready Financial and Ready Financial shall not be obliged to verify or make further inquiry into the identity of the sender, or the message integrity, of any communications, orders or messages. The Customer shall in no circumstance dispute such reliance by Ready Financial. The Customer shall be responsible for the Phone and any usage of the same, whether by a third party or any other person, shall be deemed to be a usage by the Customer. It shall be the sole responsibility of the Customer to inform Ready Financial in writing about any change with regard to the Phone(s) and Ready Financial shall not be, in any way, liable or responsible for any loss, damages, costs, charges or expenses suffered or incurred by the Customer by reason of his failure to do so.
Ready Financial shall not be liable in contract, tort or otherwise for any direct, indirect or consequential loss or damage sustained by the Customer by any direct or indirect use of or reliance on the electronic communication, orders or messages whether with or without the utilization of any security measures, including but not limited to any loss or damage resulting as a consequence of any defects, delays, interruptions, errors, inaccuracies or failures in the various communications and Ready Financial specifically excludes the same to the fullest extent permitted by law even if Ready Financial shall have been advised in advance of the possibility of such damages.
Ready Financial reserves the right, but shall not be obliged, to make changes, enhancements, and/or modifications to the Mobile Banking Facility offered by Ready Financial from time to time.
Ready Financial reserves the right to, from time to time at its sole discretion, but with prior intimation to the Customer, charge fees for the provision of any and/or all of the Mobile Banking Facility.
The Customer undertakes to provide Ready Financial with such information and/or render such assistance as is required by Ready Financial for the performance of its obligations for the provision of the Mobile Banking Facility.
Standard text messaging rates may apply. See carrier for details.
These Terms and Conditions shall be in addition to and not in derogation of the terms and conditions applicable to other services offered by Ready Financial.
Ready Financial may, in its sole discretion, accept any cancellation request by the Customer, provided that Ready Financial has not already made Payment. Ready Financial will not be liable for late charges, penalty, loss, damage (whether direct or indirect), costs, charges or expenses incurred by the Customer arising out of such cancellation. The Customer shall not dispute the mode and manner in which such cancellation requests may be required by Ready Financial and shall be bound by the same.
In consideration of Ready Financial agreeing to provide to the Customer the Mobile Banking Facility, the Customer hereby irrevocably agrees, to indemnify and keep Ready Financial indemnified, at all times hereafter, from all losses, damages, costs, legal fees, charges and expenses and consequences whatsoever, suffered or incurred by Ready Financial on account of any claims, actions, suits or otherwise instituted by the Customer, or any third party whatsoever, arising out of or in connection with the use of the Mobile Banking Facility and any and all transactions initiated by the use of the Mobile Banking Facility , whether with or without the knowledge of the Customer, or whether the same have been initiated bona fide or otherwise which transactions, the Customer hereby acknowledges, Ready Financial has processed on the Instructions and authority of the Customer in accordance with these Terms and Conditions. The Customer further agrees and confirms that this indemnity shall remain valid and subsisting and binding upon the Customer notwithstanding withdrawal, either partially or in totality, of the Mobile Banking Facility.
Without prejudice to anything contained in these Terms and Conditions, Ready Financial makes no express or implied warranty with respect to the Mobile Banking Facility provided hereunder including, without limitation, any warranties of non-infringement of third party rights, title, marketability, satisfactory quality, fitness for a particular purpose.
Limitation of Liability
Without prejudice to any other provisions of this Agreement, Ready Financial shall not be liable to the Customer for any loss or damage whatsoever or howsoever caused arising directly or indirectly in connection with the Payment Platform/Mobile Banking Facility and/or these Terms and Conditions. Notwithstanding the generality of the above, Ready Financial expressly excludes liability for consequential loss or damage or loss of profit, business, revenue, goodwill or anticipated savings which may arise in respect of the Payment Platform/Mobile Banking Facility.
Confidentiality and Disclosure
To the extent not prohibited by applicable law, the Ready Financial shall be entitled to transfer any information relating to the Customer and/or any other information given by the Customer for utilization of the Payment Platform/Mobile Banking Facility to and between it's subsidiaries, affiliates, representatives, auditors and agents of Ready Financial, Intermediaries and third parties selected by Ready Financial, wherever situated, for confidential use in and in connection with the Payment Platform/Mobile Banking Facility. Notwithstanding anything contained above, Ready Financial shall be entitled at any time to disclose any and all information concerning the Customer within the knowledge and possession of Ready Financial (a) to any party in connection with the Payment Platform/Mobile Banking Facility provided by Ready Financial and/or its Intermediaries to the Customer, including inter alia, information relating to the cause for termination of Mobile Banking Facility, (b) to any other bank/association/financial institution or any other body in respect of any negative information in respect of the Customer. This clause will survive the termination of this Agreement. The Customer hereby waives the right of privilege and privacy.
Ready Financial reserves the right to terminate any or all of the Mobile Banking Facility, either partially or in totality, at any time whatsoever, without prior notice. Ready Financial also reserve the right at any time without prior notice to add, alter, modify, change or vary all of these terms and conditions.
The Customer is solely responsible for protecting their Phone. Ready Financial will not be liable for:
any unauthorized use of the Customer's Phone or for any fraudulent, duplicate or erroneous instructions/texts given by use of the Customer's Phone;
acting in good faith on any instructions or Triggers received by Ready Financial;
error, default, delay or inability of Ready Financial to act on all or any of the instructions or Triggers;
loss of any Information, Instructions, or Alerts in transmission;
unauthorized access by any other person to any information, instructions, or Triggers given by the Customer or breach of confidentiality;
Ready Financial will not be concerned with any dispute between the Customer and the cellular service provider and makes no representation or gives no warranty with respect to the quality of the service provided by the cellular service provider or guarantee for timely delivery or accuracy of the contents of Alerts.
Force Majeure - Ready Financial shall not be liable for any failure to perform any of its obligations under these Terms and Conditions or the Specific Terms and Conditions if the performance is prevented, hindered or delayed by a Force Majeure Event (defined below) and in such case its obligations shall be suspended for so long as the Force Majeure Event continues. Ready Financial shall promptly inform the Customer of the existence of a Force Majeure Event and shall consult together to find a mutually acceptable solution. "Force Majeure Event" means any event due to any cause beyond the reasonable control of Ready Financial, including, without limitation, unavailability of any communication system, breach or virus in the processes or payment mechanism, sabotage, fire, flood, explosion, acts of God, civil commotion, strikes or industrial action of any kind, riots, insurrection, war, acts of government, computer hacking, unauthorized access to computer data and storage device, computer crashes, breach of security and encryption, etc.
Waiver - A failure by Ready Financial to exercise or enforce any rights conferred upon it by these Terms and Conditions or the Specific Terms and Conditions shall not be deemed to be a waiver of any such rights or operate so as to bar the exercise or enforcement thereof at any subsequent time or times.
Survival After Termination - Clauses which are intended to survive the term and termination of these Terms and Conditions shall survive the term and termination hereof.
Updating of General Information in Ready Financial Systems - Customer hereby agrees and acknowledges that all information that would be provided by the Customer under or in respect of the Mobile Banking Facility, including the details of the e-mail identity of the Customer, the READYdebit Account number and the Phone number(s) could be updated in the general systems of Ready Financial. Hence Ready Financial may use all such information for the provision of other services and facilities provided by Ready Financial to the Customer from time to time. The Customer is deemed to have consented to the usage of all such information for other services of Ready Financial. The construction, validity and performance of these Terms and Conditions shall be governed in all respects by the laws of Idaho.
INFORMATION ABOUT PROCEDURES FOR OPENING A NEW CARD ACCOUNT: To help the government
fight the funding of terrorism and money laundering activities, federal law requires all
financial institutions to obtain, verify, and record information that identifies each person
who opens a Card Account. What this means for you: When you open a Card Account, we will ask
for your name, address, date of birth, and other information that will allow us to identify
you. We may also ask to see a copy of your driver's license or other identifying documents.
Visa Prepaid card is issued by The Bancorp Bank or MetaBank®, Members FDIC,
pursuant to a license from Visa U.S.A. Inc. and can be used everywhere Visa debit cards are
**The Visa Zero
Liability policy covers U.S.-issued cards only and does not apply to ATM transactions, PIN
transactions not processed by Visa, or certain commercial card transactions.
Cardholder must notify issuer promptly of any unauthorized use. Consult issuer for
additional details or visit www.visa.com/security.
†Although there is no charge for direct deposit and no monthly fee when
you use your card, fees apply to the prepaid card. See your Cardholder Agreement for fees,
terms and conditions.
‡READYdebit does not charge for this service, but standard message and
data rates may be applied by your carrier.
∞This is not a credit card. Subject to ID verification.
Group, Inc. is an Independent Sales Organization ("ISO") pursuant to agreements with The
Bancorp Bank and MetaBank.