1. Definitions and Scope
FieldPulse offers embedded payment processing services, including but not limited to credit card, debit card, ACH, and other payment services as made available from time to time (collectively, the “Processing Services”).
By using the Processing Services, Merchant agrees to the Processing Terms and Conditions located at https://legal.rainforestpay.com/processingterms , which may be amended at any time with notice.
2. Fees and Pricing Flexibility
Merchant shall pay all applicable fees associated with the Processing Services (“Processing Fees”), which may include:
| Fee | Amount |
|---|---|
| Card Transaction Volume Fee | 3.00% |
| ACH Transaction Volume Fee | 1.00% |
| Card and ACH Per Item Transaction Fee | $0.25 |
| Card and ACH Refund Per Item Fee | $0.25 |
| Chargeback, ACH Return, and Dispute Fee | $25.00 |
| Account Updater (Per Card Updated) | $0.50 |
| Deposit Fee | $0.50 |
| Monthly Access Fee | $9.00 |
| Next Day Funding (Volume Fee) | 0.50% |
If Merchant has been provided with a custom pricing agreement by FieldPulse, that agreement will govern in place of the above. Otherwise, this standard pricing shall apply.
Pricing Adjustments
FieldPulse reserves the right to update Processing Fees at any time, including by increasing rates or adding new fees. Notice of any such changes will be provided via the billing summary within FieldPulse. Continued use of the Processing Services after notice constitutes acceptance of updated pricing.
3. Term and Termination
This Agreement begins on the Effective Date and remains in effect until terminated by either party. FieldPulse may suspend or terminate access to the Processing Services at its sole discretion for any reason, including suspected fraud, non-compliance, or inactivity.
4. Limitation of Liability
To the fullest extent permitted by law, FieldPulse shall not be liable for any indirect, incidental, special, consequential, or punitive damages, or for any lost profits or revenues, whether incurred directly or indirectly.
5. Relationship and Indemnification
Merchant agrees that it is solely responsible for compliance with all laws applicable to its use of the Processing Services. Merchant shall indemnify and hold harmless FieldPulse and its officers, directors, and affiliates from any third-party claims related to its use of the Processing Services, except to the extent caused by FieldPulse’s gross negligence or willful misconduct.
6. Acceptance
By completing the payments onboarding process or by using the Processing Services, Merchant acknowledges and agrees to be bound by the terms of this Payment Processing Agreement and the Processing Terms and Conditions.
IN WITNESS WHEREOF, the parties hereto have executed this Payment Processing Agreement by their duly authorized officers or representatives as of the date first set forth above.