MAJORITY – TERMS OF SERVICE

You’re in Majority – Welcome!

IMPORTANT – PLEASE READ CAREFULLY. THE MAJORITY TERMS CONTAIN AN ARBITRATION PROVISION REQUIRING ALL CLAIMS TO BE RESOLVED BY WAY OF BINDING ARBITRATION.

CUSTOMER SUPPORT

Customer satisfaction is important to us at Majority. If you have any questions about your Majority Account, the Majority Services, our Partner Services, or these Terms of Service, please do not hesitate to contact us. You can reach us at the following places:

• Email: [email protected]
• Telephone: 1 (855) 553-3388

Or, send us a message in the Need Help? section of the Account Page in the Majority App!

1. THE IMPORTANT SHORT INTRODUCTION

These terms of service (the "Majority Terms") represent a binding legal agreement between you and Majority USA, LLC (" us" or " our" or "Majority") and govern the provision and use of our services, including the Majority mobile applications and websites (www.majority.com) (the "App" and "Website"), software (the "Software"), and other products and services, features and functionality including content, updates and new releases (together, the "Services").

The Majority Terms are the terms and conditions set forth herein, but also any additional terms and conditions, policies, rules, guidelines, rates, offers or similar published in the App or on the Website relating to the Services. You should read them all carefully and retain them for your records. If you don't agree to the term and conditions set forth herein, please don't use the Services.

Some of the products and services made available to you in the App are not provided by us but are instead offered and provided by third parties (herein referred to as "Partner Services" and our "Partners"). These Partners have their own agreements (the "Partner Agreements") that will apply to you when you use the Partner Services. The Partner Agreements are attached to the Majority Terms as Schedules or are made available to you in the App, Website and when you apply to use the Partner Services. By accepting the Majority Terms, you accept the Partner Agreements. You accept all other Partner Agreements by applying for or utilizing those Partner Services (as applicable). The Partner Agreements are separate agreements between you and our Partners and govern your use of the Partner Services. Some of the Partner Services or Services may not be available to you depending on the level of identity verification you have completed. We reserve the right to require any level of or additional identity verification to access any of the Partner Services or Services, in our sole discretion.

By applying for or otherwise retaining, using the Services and/or any Partner Services, you represent and warrant that: (i) you are at least 18 years of age (or older if you reside in a state where the legal age of majority is older) and are fully able and competent to conclude the terms and conditions set out herein; (ii) you are a U.S. resident; (iii) you have provided us with a verifiable U.S. street address (not a P.O. Box); (iv) all information that you provide to us in connection with the Services and/or Partner Services is true, correct, up-to-date and complete; and (v) that you have read and understand the Majority Terms and the Partner Agreements, and agree to be bound by and to comply with their terms and conditions.

Majority USA, LLC is a Delaware limited liability company whose registered office is at 2509 N Miami Ave, #101, Miami, FL 33127. Majority USA, LLC is not a bank. The Financial Services (as defined below), such as the Majority Visa® Debit Card (the “Majority Card”), is provided by Axiom Bank, N.A., a member of the Federal Deposit Insurance Corporation.

2.1 What You Get by Signing Up for Majority

By signing up for Majority and successfully passing our applicable know-your-customer procedures, you get access to a Majority platform account (the “Majority Account”) where you may gain access to the following Services:

• Financial Services (bank account and Majority Card is issued by Axiom Bank, N.A., or stored value account held by Majority Payment Services LLC)
• Calling and Mobile Top Up
• International Money Transfers (offered by either Majority Payment Services LLC or Community Federal Savings Bank)
• The Majority Pay peer-to-peer money transfer service

2.2 Fees

Your use of and access to the Services is subject to a recurring 30-day membership subscription fee, as specified below (the “Majority Membership Subscription” and “Majority Membership Subscription Fee”).

• Majority Membership Subscription Fee: $5.99 / 30 days

Upon paying the Majority Membership Subscription Fee you will unlock access to the Services and Partner Services available in the App. Access to all or parts of the Services may require additional identity verification, in our sole discretion. You acknowledge and agree that the use of our Services and Partner Services may also be subject to certain additional fees charged per usage (“Usage Fees”). Please refer to the App and respective Partner Agreement for further details.

We and our Partners reserve the right to change the Majority Membership Subscription Fee or the Usage Fees at any time and without prior notice. The new fees shall become effective immediately when published in the Majority Terms or Partner Agreements, the App and/or the Website. Your continued use of the Services and/or the Partner Services following notice of the new fees shall constitute your agreement to the new fees. If you do not accept the new fees do not use the Services or Partners Services. No refunds are available.

Unless stated otherwise, all fees and charges for the Services and Partner Services shall be stated in United States dollars (USD) and shall be exclusive of all applicable taxes or fees, including any fees charged by your bank or debit card. You are responsible for paying all taxes or fees applicable to your use of the Services and the Partner Services.

You acknowledge and agree that payment of the Majority Membership Subscription Fee, any Usage Fees and any other applicable taxes or fees is made by deducting a corresponding amount from your Majority Account and transferred to Majority or our Partners (as applicable), and you hereby instruct and authorize us to execute such money transfers for the purpose of fulfilling your payment obligations. You may cancel your Majority Membership Subscription by closing your Majority Account at any time. If you close your Majority Account, you are required to draw any remaining balance down to zero. It is your responsibility to make sure that the balance on your Majority Account is sufficient for paying the applicable fees and charges to us and our Partners or that you have a valid method of payment connected to your Majority Account (see Section 2.5 below for more details). For further details about the Card Account, please refer to the Axiom Bank, N.A. Customer Agreement.

2.3 Your Obligations as a Majority User

You agree not to use the Services or Partner Services in any prohibited manner, as further specified in Section 9.2 Prohibited Use.

2.4 Location Restrictions

The Services and Partner Services can only be offered in jurisdictions where they are legally allowed to be offered. If you are residing in a jurisdiction where it is prohibited by law to offer or use the Services or the Partner Services, you may not use those services in such jurisdiction. It is your responsibility to ensure that you are legally allowed to use the Services and Partner Services where you are located. If any laws applicable to you restrict or prohibit you from using the Services, you must comply with those legal restrictions and, if applicable, stop accessing and/or using the Services and Partner Services.

2.5 Loading Your Majority Account

You may load money into your Majority Account in several ways. We may allow you to load funds by connecting one or more external Visa® or Mastercard debit cards to your Majority Account. In Payment Methods in the App, you may specify a default debit card to be charged. In the event that you have insufficient funds in your Majority Account to cover the Majority Membership Fee, a connected default debit card will be charged. By connecting a debit card to your Majority Account, you consent to any connected debit card to be charged in the event that your Majority Account has insufficient funds to cover the Majority Membership Fee. Please note that we may disable your ability to load funds into your Majority Account using an external debit card, set a minimum amount of funds you can load, or limit the amount of funds that you can load into your Majority Account via an external debit card without notice to you and in our sole discretion.

If you use Banking Services, you may also load money into your Majority Account via ACH, direct deposit, and cash loads at points of sale. Majority uses the ACH technology provider Dwolla Inc., together with their network of bank and financial institution partners, (“Dwolla”), as well as Plaid Inc. (“Plaid”) in order to offer you the possibility to transfer funds between your bank accounts and your Majority Account (“ACH transactions”) as made available in the Majority App. Please be advised that you must apply and be approved for banking services prior to being able to utilize ACH transactions.

Dwolla

When you initiate an ACH transaction in the Majority App you will automatically open a Dwolla Platform Account and you must accept the Dwolla Terms of Service and Privacy Policy. The Dwolla Terms of Service constitute a separate agreement between you and Dwolla. Any funds held in the Dwolla account are held by Dwolla's financial institution partners as set out in the Dwolla Terms of Service. You authorize us to collect and share with Dwolla your personal information including full name, email address and financial information, and you are responsible for the accuracy and completeness of that data. You understand that you will access and manage your Dwolla account through the Majority App, and Dwolla account notifications will be sent by us, not Dwolla. We will provide customer support for your Dwolla account activity, and we can be reached at www.majority.com, [email protected], and/or 1-(855) 553 3388 (available Monday through Friday 8:00AM – 6:00PM CDT and Saturdays 9:00AM – 5:00PM CDT).

Plaid

By initiating an ACH transaction in the Majority App, you grant Plaid and us the right, power, and authority to act on your behalf to access and transmit your personal and financial information from your relevant financial institution. You furthermore agree to your personal and financial information being transferred, stored, and processed by Plaid in accordance with the Plaid End User Privacy Policy.

Payment processing services for adding funds to your Card Account via the Majority App are provided by Majority USA, LLC.

2.6 Account Statements and Records

When you log into your Majority Account you will find information relating to your use of the Services and the Partner Services, such as receipts and payments made, calling history and your current balance (“Majority Account Records”). It is your responsibility to retain and save copies of your Majority Account Records for future reference.

We will use commercially reasonable efforts to correct any technical failures relating to your Majority Account Records within a reasonable time. However, your inability to view your Majority Account Records does not extend, or relieve you of, your obligation to pay any amounts owing to us or our Partners.

3. PARTNER SERVICES

Below is an overview of the Partner Services found in the Majority App.

3.1 Financial Services

As part of the Partner Services, you may apply for the Majority Card and associated account, which is be offered to you by Axiom Bank, N.A. (“Banking Services”). The Axiom Bank, N.A. Account Agreement can be found here.

If you do not choose Banking Services, any funds that you load into your Majority Account will be held on your behalf by our affiliate Majority Payment Services LLC. By loading value into your Majority Account and not otherwise utilizing the Financial Services, you agree to the Majority Payment Services LLC Terms of Service, to the extent that they apply to holding such value on your behalf.

3.2 Calling and Mobile Top Up Services

Our Partner Rebtel offers you a unique high-quality cross-border calling experience, as well as mobile top up services (i.e. transferring pre-paid airtime value), at unbelievably low rates. Rebtel's terms of service are attached hereto as Schedule 2 and constitute a separate agreement between you and Rebtel.

3.3 International Money Transfer Services

Within the App you can also make international payments via our partner Community Federal Savings Bank and our affiliate Majority Payment Services LLC (our “Remittance Partners”). Depending on the state in which you reside, the destination country of your payment, or any other factor as we determine, the international transfer service may be offered by any one of the Remittance Partners, the identity of which will be clearly shown to you when you make a payment. By utilizing the international transfer functionality offered by our Remittance Partners, you agree to the Terms of Service applicable to the Remittance Partner processing your transaction.

The Majority Payment Services LLC Terms of Service can be found here. Community Federal Savings Bank Terms of Service can be found here.

4. MAJORITY PAY – PEER-TO-PEER MONEY TRANSFER SERVICE

4.1 What is Majority Pay?

Majority Pay is a no-fee, peer-to-peer money transfer service available in the App, which allows you to send or receive funds to or from other Majority users for personal, non-commercial purposes.

Your use and access to Majority Pay is subject to these terms and conditions, and your compliance with the Majority Terms and Partner Agreements.

4.2 How Do I Pay Someone Using Majority Pay?

With Majority Pay, you can send money from your Majority Account to the Majority Accounts of your friends and family. Funds sent using Majority Pay may only be sent to other Majority users whose Majority Accounts are in good standing. Majority Pay cannot be used to send money to other bank accounts. All funds sent using Majority Pay are in U.S. dollars.

Only Majority Accounts that have a checking account with Axiom Bank, N.A. are eligible to send or receive money via Majority Pay. For more information on this please see our FAQs.

In order to use Majority Pay you must first add money to your Majority Account, have a Majority Account that is in good standing and be in compliance with the Majority Terms. To make a Majority Pay transaction, you must provide us with the transaction amount and the recipient’s phone number, along with any other information we may require. It is your responsibility to provide us with the correct transaction information.

All funds used for Majority Pay transactions are debited directly from your Majority Account. Any amount you transfer via Majority Pay must not exceed the amount of available funds in your Majority Account at the time you confirm the transaction.

By initiating a transaction using Majority Pay, you authorize us to immediately debit your Majority Account in an amount you specified, and send those funds to the recipient you identified. Please be aware the funds will be debited from your Majority Account as soon as you confirm the transaction and will be immediately deposited into the recipient’s Majority Account. We are not responsible for any Majority Pay transactions that you confirm using incorrect recipient or transaction information. All transactions you confirm are considered final and may not be refunded or reversed.

After you confirm a Majority Pay transaction through the App, the transaction details will be available to you in the App.

4.3 How Do I Receive Funds Using Majority Pay?

Any funds that you receive via Majority Pay will immediately be credited to your Majority Account. We will send you a notification upon the completion of a successful Majority Pay transaction to your Majority Account.

If you receive a Majority Pay transfer that you believe to be in error or from a sender that you do not recognize, you must contact Majority Customer Support immediately. You agree that you will cooperate with us to resolve any Majority Pay transactions that were made to your Majority Account in error, including the return of funds that were sent to you in error.

If we believe that you received a Majority Pay payment that should not have been made for some reason (for example, fraud), you give us permission to reverse that payment.

You agree that we will not be liable for any Majority Pay transactions that you may receive, regardless of whether you authorized the sender to send them to you.

4.4 Are There Any Limits on the Amount of Money I Can Send Using Majority Pay?

Your use of Majority Pay is subject to transaction limits, which may apply to either the transaction amounts (both individual and cumulative), transaction frequency, or both. Your Majority Pay sending limits will be communicated to you in the App, and may be subject to change at any time at our sole discretion.

4.5 Are There Any Conditions or Restrictions on My Use of Majority Pay?

As a condition of using Majority Pay, you must provide us with complete and accurate information regarding the Majority Pay recipient, the amount of the transaction, and any message or description of the transaction that you may provide. We will not be liable for any Majority Pay transaction which is sent to the wrong recipient or that does complete due to you providing incorrect information.

You agree that any funds in your Majority Account or any other funds we hold on your behalf may be used to offset any claim we or any third party may have against you as a result of your use of Majority Pay.

Majority Pay may only be used for personal, household purposes. You may not use Majority Pay for any commercial or illegal purpose. You may not resell Majority Pay or use Majority Pay to transfer money on behalf of, or as agent for, another person. Majority Pay is only offered in the United States.

4.6 Can Majority Reject My Majority Pay Transaction?

We have the right to reject your request for a Majority Pay transaction, decline to complete a request for a Majority Pay transaction after you have confirmed it, or impose a dollar limit on your Majority Pay transaction, without cause or prior notice to you. We may suspend, delay or reject your Majority Pay transaction for the following reasons, and for any other reason in our sole discretion:

• The dollar value of one or more of your Majority Pay transactions exceeds any transfer limits established for your use of Majority Pay.
• The number of your Majority Pay transactions exceed any transfer frequency limits established for your use of Majority Pay. 
• We are unable to debit your Majority Account for the amount of the requested Majority Pay transaction. 
• The information you provide is incomplete or inaccurate. 
• The recipient is not a Majority customer or does not have a Majority Account in good standing. 
• We suspect fraud, irregularity or illegality. 
• We are unable to fulfill the Majority Pay transaction for any other reason. 

You will be notified in the App if a Majority Pay transaction you make or attempt to make is rejected. 

4.7 What to Consider When Using Majority Pay

You acknowledge and agree that Majority Pay is a peer-to-peer money transfer service, and as a result fraudulent transactions may result in the loss of funds with no recourse. You assume the risk of all transactions you make using Majority Pay. We and our Partners have no liability for your losses or damages as a result of your use of Majority Pay. 

You further acknowledge that once confirmed by you, Majority Pay transactions are instant and therefore we do not have the ability to stop, reverse or return any Majority Pay transaction that you may authorize. 

The best way to avoid issues with a Majority Pay transaction is to double-check the recipient’s information and the transaction amount before confirming any payment. Never send money to someone you do not know or trust.

You may not use Majority Pay for commercial purposes, but if you do, you agree that we are not liable for such use. This includes all risks associated with the purchase of goods or payment for services of any kind, such as losses you suffer for undelivered or defective goods and service you pay for using Majority Pay. 

If you believe that a Majority Pay transaction was completed without your permission, or have any other problems with Majority Pay, please contact Customer Support immediately.

5. TRANSFER LINK TERMS

This Section 5 – Transfer Link Terms sets out the terms and conditions for the “Transfer Link” payment method service offered by MAJORITY. These terms apply to MAJORITY customers who use the Transfer Link service to send international money transfers. In addition to these terms and conditions, the Partner terms of service governing the international money transfer you are making also apply to your use of Transfer Link.

5.1 What is Transfer Link?

Transfer Link is a safe and easy way of sending international money transfers without needing all of the recipient’s details such as their legal name, bank name, bank account number, or address. Transfer Link allows you, the sender, to share a secure link to the recipient where they can provide the necessary information to complete the transfer and receive the money.

5.2 How Does Transfer Link Work?

To send money using Transfer Link, you must provide the recipient’s phone number, the amount you want to send, and input all other required information. You may then create the Transfer Link which you then must share with the recipient. The recipient will then need to input the required information, including their phone number, legal name, the name of their bank, bank account number, and any other information we or our Partners may require, in order to complete the money transfer.

5.3 Can a Transfer Link be Canceled or Expire?

You may cancel a Transfer Link if the recipient has not finalized the Transfer Link and completed the transaction. Neither we nor our Partners are responsible if you fail to cancel a Transfer Link prior to the recipient finalizing the transaction. 

In addition, we may, in our absolute discretion, impose time limits on how long a Transfer Link remains valid for, after which the Transfer Link may expire. You must create a new Transfer Link if the original Transfer Link expires.

5.4 Are There Any Restrictions on My Use of Transfer Link?

By using Transfer Link, you agree that you are sending the Transfer Link to a person that you know and that you have the recipient’s permission to retain their personal information (including name, bank name and bank account number). You may not use Transfer Link if the recipient does not provide this permission.

You further agree that you will provide accurate, up-to-date information to us when using the Transfer Link service. Neither we nor our partners are responsible for any international money transfer you initiate using incorrect recipient information. Always verify the recipient’s phone number prior to using Transfer Link.

6. PROMOTIONS

Majority may offer promotional offers or rewards related to the use of the Majority and/or Partner Services. This Section 6 applies to all Majority promotional offers and rewards as further specified below.

6.1 MAJORITY Community

Within the App, you may find the Community tab which offers content and discounts that is personalized to you and your local community. The Community discounts are offered by Majority retail partners in your local area and are available to you if you use your Majority Card when making a purchase, or as otherwise specified in the Community discount offer. Please be advised that you must present your Majority Card to the cashier and ask them to apply the discount offer. Although we strive to ensure that our Community partners honor all discounts that are advertised on the Community tab, we will not be liable if any Community partner refuses to honor any advertised discount. In the event that a Community partner refuses to honor a discount advertised on the Community tab, please contact Majority Customer Support.

6.2 General Terms and Conditions for Promotional Offers and Rewards

All Majority promotional offers and/or rewards are valid only for Majority customers who:

• have passed all relevant customer identification and screening requirements;
• have a Majority account that is in good standing; and
• otherwise comply with the Majority Terms of Service and the Partner Agreements.

Majority promotional offers and/or rewards are subject to updates, limitations, modifications and/or termination by Majority in its sole discretion. All promotional offers and/or rewards are void where prohibited. Majority reserves the right to end a promotional offer at any time.

Majority in its sole discretion may also revoke any offer or reward from any customer or may cancel or remove a reward from any customer’s account who:

• has abused the promotional offer;
• has violated any applicable terms and conditions;
• has violated the MAJORITY terms of service;
• has violated the Partner Agreements;
• has closed their Majority Account without spending the applicable reward amount(s);
• has engaged in any activity it deems fraudulent or in violation of applicable law; or
• for any other reason.

All Majority rewards are redeemed via a credit to your Majority Account. Majority may provide an alternate reward of equal value if it is unable to fullfil the reward. Majority is not responsible or liable if any email, reward, referrals, or promotional offer related materials or correspondence are lost, stolen, incomplete, delayed, altered, or misdirected, or if any participant’s Majority account, email address or other contact information does not work, is deleted, or is changed without participant giving prior written notice to Majority. Majority reserves the right to review any account or transaction related to its promotional offers and rewards programs, in its sole discretion, without notice, and delay completion of any reward.

Majority promotional offers and/or rewards may be subject to being reported on any applicable IRS form should you receive Majority payments or credits that exceed $600 in the relevant taxable year. The validity of a promotional offer and/or reward is contingent upon the customer providing Majority with the relevant tax forms and other information as required and/or requested by Majority.

6.3 Majority Referral Rewards Promotions Terms and Conditions

The following terms and conditions apply to all customer referral rewards programs offered by Majority.

To be eligible for a referral reward, each referred customer must:

• knowingly and willingly sign up to be a Majority customer using the referral URL provided by Majority;
• pass all relevant customer identification and screening as required by Majority;
• comply with the Majority Terms of Service and the Partner Agreements; and
• comply with all other conditions or requirements as communicated by us (the “Referred Customer”).

Additional eligibility requirements for referral rewards may apply and will be communicated to you by us during the relevant referral campaign (including but not limited to, Referred Customers needing to meet certain Majority Account deposit requirements, pay the Majority Membership Subscription Fee, or use certain Majority Services). You agree that referral rewards may not be provided to you unless such eligibility requirements are fulfilled. Referral rewards may be credited by us up to 60 days after the fulfillment of all applicable requirements. 

You may only refer family and personal friends. Additionally, you must not publish or distribute any Majority referral URL in public locations (online or otherwise) where the audience is likely to include people who are not your family or personal friends. If you do so, Majority may disqualify you from participation in the referral rewards program and any successful referrals will be void, in Majority’s sole discretion. We may also cancel, revoke, remove or decline to offer referral rewards to or from any user who was provided a referral URL by a user we deem has violated the Majority Terms or Partner Agreements, in our sole discretion. Referral URLs may be subject to termination or expiration at any time. 

Referral reward amounts may be communicated by Majority on the App or Website. Majority reserves the right to change or revoke any referral reward amount at any time and without notice to you.

6.4 Majority Cash Back Rewards Terms and Conditions

The following terms and conditions apply to all cashback rewards offers and/or promotions, and all other offers or promotions in which Majority offers cash value or credits in exchange for you using the Majority Debit Card or using any of the Services “(Cash Back Rewards”).

Eligible purchases must be made with the Majority Card and with an eligible retailer unless otherwise specified by us. Majority Cash Back Rewards are calculated based on the percentage of each eligible purchase. Cash Back Rewards are only available for eligible purchases as identified in the Majority App and/or Website. Other restrictions may also apply. Please refer to the App or Website for more information about eligible retailers and purchases.

Majority is not responsible for any delays, failure to deliver or miscalculations of Majority Cash Back Rewards amounts.

Cash Back Rewards may be reclaimed if you cancel, chargeback or return an eligible purchase. Loads or reloads of balances on gift cards, prepaid cards or cash equivalents are not eligible for Cash Back Rewards.

Offer is valid for consumer, non-commercial use only. This offer is not transferable.

Purchases made before the expiration and/or revocation of the Majority Cash Back Rewards offer that post after such expiration or revocation are not eligible purchases and will not earn Cash Back Rewards. 

Majority does not provide, endorse or guarantee any third-party product, service, information or recommendation. The third party/parties listed in any Majority Cash Back Rewards offer are not affiliated with Majority and are solely responsible for their products and services. All trademarks are the property of their respective owners.

7. WHEN THINGS GO WRONG

The following section details the steps you should take in the event that something goes wrong with your Majority Account or your use of the Services, such as a lost or stolen card or device, disputes, complaints, your breach of the Majority Terms or the Partner Agreements, and closing your Majority Account.

7.1 Lost or Stolen Card, Mobile Phone, and Fraudulent Use

If your Majority Card or mobile phone that contains the App is lost or stolen, please contact Majority Customer Support immediately so we can suspend your Majority Account. We are not responsible for any fraudulent use or charges to your Majority Card or Account, the Services, or the Partner Services prior to you notifying us that your Card or mobile phone has been lost or stolen. You are solely responsible for securing your Majority Card and mobile phone.

Additionally, if you believe that your Majority account has been compromised, that an unauthorized third party has gained access to it, or if your password or PIN or any other account information has been lost or stolen, please contact Majority Customer Support immediately. You are solely responsible for all activity and charges to your Majority Account, including unauthorized or fraudulent use.

7.2 Billing Errors and Disputes

Except as provided by law, all purchases under the Majority Terms and Partner Agreements are final and non-refundable. If you believe that we or any of our Partners have charged you in error, you must provide a written request to our Customer Support within 90 days of such charge (for contact details see CUSTOMER SUPPORT at the beginning of these terms). No refunds will be given for any charges more than 90 days old. For the avoidance of doubt, no refunds shall be given for services paid or credit acquired through vouchers, gift tokens or similar. We reserve the right to deny repetitive refund requests.

7.3 Complaints

If you would like to make a complaint about your Majority Account, the Services or the Partner Services, please contact Majority Customer Support.

7.4 Customer Breach and Termination (What It is and What Happens)

You may be in breach of the Majority Terms of Service if you do anything that violates these Terms, the Partner Agreements, or applicable law. This includes your failure to pay the Majority Subscription Fee. If you breach these Terms, we may suspend or close your Majority Account, or take any other action that we deem necessary and in our sole discretion.

We may terminate the Majority Terms (cancel your Majority Account, the Services etc.) for any reason, at any time and without prior notice.

Additionally, we and our Partners have the right to immediately, without any liability, refuse to provide, restrict, limit, change, remove, disable, suspend and/or interfere or interrupt the Services and the Partner Services or any part thereof, at any time and without any prior notice to you, for the repair, improvement, and/or upgrade of the Service, or for any of the reasons for termination set forth in the Terms of Service, or any corporate or business reason.

You agree that your use of the Services and Partner Services is conditioned upon you being eligible to acquire the Services and the Partner Services. Therefore, the termination (or deactivation) of a Partner Service may require the immediate termination of the Majority Terms and deactivation of your Majority Account.

You acknowledge and agree that we and our Partners are under no obligation to provide the Services and Partner Services to you, and that we or our Partners shall not be liable to you or to any other party for any limitation, suspension, discontinuance, termination or modification of the of the Services, the Partner Services, the Majority Terms and/or the Partner Agreements.

You acknowledge and agree that the Services and the Partner Services are offered and provided on a pre-paid basis and that if there are not sufficient funds in your Majority Account for payment of the Majority Membership Subscription Fee or the Usage Fees (if applicable), or you do not have an external debit card linked to your Majority Account with sufficient funds, your Majority Account will be deactivated and you will not be able to use the Services or Partner Services. Please refer to Sections 2.2 and 2.3 above for details on fees and payments. You may activate your Majority Account again or otherwise get access to the Services and Partner Services by loading your Majority Account with sufficient funds.

if you have not paid the Majority Membership Subscription Fee for a period of ninety (90) days your Majority Account will be terminated. This means that in case you want to access the Services and Partner Services following the termination you must again apply to become a new member of Majority.

7.5 Closing Your Account

You may close your Majority Account at any time by contacting Majority Customer Support ([email protected]). Please be advised that you will be required to bring your Majority Account balance down to zero prior to closing your account.

7.6 Effects of Termination

Upon any termination of your Majority Account all rights granted to you hereunder or under any Partner Agreement shall cease immediately. You must immediately stop using the Services and Partner Services and otherwise cease with all activities authorized under the Majority Terms or the Partner Agreements. You must delete or remove the App, the Software and other parts of the Services (where applicable) from all your Devices, and immediately destroy all copies of the same then in your possession, custody or control. We shall execute the termination by preventing your access and/or use of your Majority Account or other parts of the Services or the Partner Services. The termination of the Majority Terms and/or Partner Agreements will not affect any of our rights or your obligations arising under these agreements prior to termination.

8. YOUR PRIVACY

8.1 In General

We reserve the right at all times to disclose any data or information (in any form) as we deem necessary to satisfy any applicable law, regulation, legal process or governmental request, or to edit, refuse to post or to remove or restrict any information or materials, in whole or in part, in our sole discretion. For more information about our privacy practices and how we use your personal information, please see our Privacy Policy.

8.2 Your Privacy with Majority Pay

To enable Majority Pay functionality and to allow you to send and receive payments via Majority Pay, we need to disclose some of your personal information to the person that you are paying or who is paying you. Specifically, we may disclose your name or if you have a Majority Account to other Majority members who want to send or request money from you.

8.3 Request to Delete Account Data

You have the right to request that we delete data related to your Majority Account, subject to our legal obligations related to data retention, along with other exceptions that may apply. To request deletion of your Majority Account data, click here. 

9. USE AND RESTRICTIONS

9.1 Your Use of the Services and Our Right to Change the Services

You acknowledge that the products, features or functions or other parts of the Services or Partner Services may change over time. We or our Partners may without prior notice to you change the form and nature of the Services and/or Partners Services. Furthermore, we and our Partners may in our sole discretion, and without prior notice to you, decline to provide and/or stop (permanently or temporarily) providing the Services and/or Partner Services (or part thereof) to you or to users generally. We may make updates to the Software, the App or other parts of the Services at any time and shall have no obligation whatsoever to provide any such updates to you. It is your responsibility to use the latest available version of the Software, App or other parts of the Services (where applicable).

You agree that you are solely responsible (and that we and our Partners have no responsibility to you or to any third party) for any data, content, or resources that you transmit by using the Services or Partner Services, and for the consequences of such actions, including any loss or damage which we, our Partners or any other third party may suffer.

Use of all or parts of the Services may require additional identity verification, in our sole discretion. You agree to provide all information requested by us or our Partners in order to verify your identity, and your failure to do so may result in us or our Partners declining or ceasing to provide any or all of the Services to you. You agree that the Services are to be used only for your personal use.

9.2 Prohibited Use

By using the Services and Partner Services, you agree not to:

• Use or access the Services and Partner Services for any unlawful purpose, or in any manner inconsistent with the Majority Terms or the Partner Agreements;
• Open or attempt to open more than one (1) active Majority Account at any time; 
• Attempt to gain unauthorized access to any other Majority customer’s Majority Account, upload malicious code of any type, or otherwise damage the Services, Partner Services, App or Website.
• Infringe our or our Partner’s intellectual property rights, or those of any third party in relation to your use of the Services or Partner Services;
• Transmit any communication that is defamatory, offensive or otherwise objectionable in relation to your use of the Services and Partner Services;
• Damage, disable, overburden, modify, tamper, impair or compromise our or any third party’s systems or security or interfere with other users;
• Collect or harvest any information or data from the Services or Partner Services or any applicable systems or attempt to decipher any transmissions to or from the servers running the Services or Partner Services;
• Reverse engineer, decompile or try to discover the source code of the Services, Partner Services, App, or Website;
• Provide us or our Partners with any false, inaccurate or misleading information;
• Intercept or monitor, damage or modify any communication which is not intended for you;
• Sell, rent, lease, distribute, market, or use the Services and/or Partner Services for any commercial purpose;
• Remove, obscure, or alter our or any of our Partner’s copyright notices, trademarks, or other proprietary rights notices affixed or contained within the Services, Partner Services, App or Website.

We are entitled to, in our sole discretion, immediately without prior notice, suspend the provision of the Services and/or Partners Services (or any part thereof) and/or terminate the Majority Terms if we determine you are using the Services or the Partners Services or otherwise acting in breach of the Majority Terms and/or Partner Agreements, or for the purpose of protecting you, us or our Partners. The aforesaid does not limit any other rights that we may have under the Majority Terms or Partner Agreements or applicable law.

10. LEGAL AND MISCELLANEOUS

10.1 Assignment

We may assign all or part of our rights and/or obligations under the Majority Terms without notice to you (the same right applies for our Partners in relation to the Partner Agreements). You are not allowed to assign any rights or obligations under the Majority Terms or any Partner Agreement to any third party without our prior written consent.

10.2 Limitation of Liability

IN NO EVENT SHALL WE, NOR SHALL OUR SUBSIDIARIES, AFFILIATES OR PARTNERS OR ANY OTHER SERVICE PROVIDER WHO FURNISHES SERVICES IN CONNECTION WITH THE SERVICES OR PARTNER SERVICES (OR OFFICERS, DIRECTORS, EMPLOYEES, AGENTS OF THE AFORESAID ENTITIES), TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, BE LIABLE FOR ANY DIRECT, INDIRECT, CONSEQUENTIAL, SPECIAL, PUNITIVE OR INCIDENTAL DAMAGES, INCLUDING WITHOUT LIMITATION DAMAGES FOR LOSS OF MONEY, DATA, GOODWILL, REPUTATION, PROFITS, BUSINESS INFORMATION OR INTERRUPTION, OR OTHER INTANGIBLE LOSSES, THAT RESULT FROM THE USE OF OR INABILITY TO USE THE SERVICES OR PARTNER SERVICES OR OTHERWISE ARISE UNDER OR IN CONNECTION WITH THE MAJORITY TERMS OR PARTNER AGREEMENTS, EVEN IF IT HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

IN ANY EVENT, AND WITHOUT LIMITING THE GENERALITY OF THE FOREGOING, TO THE EXTENT PERMITTED BY LAW, YOU AGREE THAT OUR AND EACH OF OUR PARTNERS' (AND EACH OF THE OTHER AFOREMENTIONED THIRD PARTIES') TOTAL AND AGGREGATED LIABILITY TO YOU (WHETHER IN CONTRACT, TORT INCLUDING NEGLIGENCE, WARRANTY, OR OTHERWISE) FOR ANY AND ALL DAMAGES, COSTS OR LOSSES THAT ARISE IN CONNECTION WITH THE USE OF OR INABILITY TO USE THE SERVICES AND/OR PARTNER SERVICES, OR OTHERWISE ARISE UNDER OR IN CONNECTION TO THE MAJORITY TERMS OR ANY PARTNER AGREEMENT, SHALL NOT IN ANY CIRCUMSTANCE EXCEED THE AMOUNT ACTUALLY PAID BY YOU TO US OR OUR PARTNERS FOR THE SERVICES AND/OR PARTNERS SERVICES DURING THE MOST RECENT FIVE (5) MONTHS PRIOR TO THE DATE OF THE EVENT GIVING RISE TO THE RELEVANT CLAIM, HOWEVER SUBJECT TO A MAXIMUM LIMITATION OF USD 1,000.00.

10.3 Indemnity

YOU AGREE TO INDEMNIFY, DEFEND AND HOLD US AND OUR PARTNERS HARMLESS, INCLUDING OUR AND OUR PARTNERS’ SUBSIDIARIES, AFFILIATES, OFFICERS, DIRECTORS, EMPLOYEES, AGENTS AND SERVICE PROVIDERS, FROM AND AGAINST ANY AND ALL CLAIMS, DAMAGES, COSTS, LOSSES, DEMANDS, TAX ASSESSMENTS, JUDGMENTS, GOVERNMENTAL INVESTIGATION OR ENFORCEMENT ACTION, PENALTIES, INTEREST AND EXPENSES (INCLUDING WITHOUT LIMITATION REASONABLE ATTORNEYS’ FEES) MADE BY ANY THIRD PARTY DUE TO, ARISING OUT OF OR RELATING TO (I) YOUR ACCESS TO AND USE OF THE SERVICE OR PARTNER SERVICES; (II) YOUR VIOLATION OF ANY OF THE TERMS AND CONDITIONS OF THE MAJORITY TERMS OR ANY PARTNER AGREEMENT (INCLUDING ACTUAL OR ALLEGED BREACH OF YOUR REPRESENTATIONS AND WARRANTIES), OR ANY APPLICABLE LAW OR REGULATION; (III) YOUR VIOLATION OF ANY THIRD-PARTY RIGHT, INCLUDING WITHOUT LIMITATION ANY INTELLECTUAL PROPERTY RIGHT, PUBLICITY, CONFIDENTIALITY, PROPERTY OR PRIVACY RIGHT; (IV) ANY OTHER PARTY’S ACCESS AND/OR USE OF THE SERVICES OR PARTNER SERVICES WITH YOUR UNIQUE NAME, PASSWORD OR OTHER APPROPRIATE SECURITY CODE; OR (V) ANY DISPUTES OR ISSUES BETWEEN YOU AND ANY THIRD-PARTY. WE RESERVE THE RIGHT TO ASSUME OR PARTICIPATE, AT YOUR EXPENSE, IN THE INVESTIGATION, SETTLEMENT AND DEFENSE OF ANY SUCH ACTION OR CLAIM.

10.4 Applicable Law and Jurisdiction

The Majority Terms shall be governed by the laws of the State of Delaware except to the extent governed by federal law or modified herein, without regard to any conflicts of law provisions that provide for the application of the law of another jurisdiction.

10.5 Arbitration of Disputes and Class Action Waiver

Any claim, dispute, or controversy (“Claim”) between you and us, including our (if any) successors, affiliates or assignees as well as any other third party, arising out of or relating in any way to the Majority Terms, your use of the Services or otherwise, no matter how described, pleaded or styled, shall be subject to final binding arbitration as provided herein. The arbitration shall be conducted pursuant to the JAMS Comprehensive Arbitration Rules and Procedures in effect at the time the request for arbitration is made (the “Arbitration Rules”), and in accordance with the Expedited Procedures in those Arbitration Rules, including Rules 16.1 and 16.2 of those Arbitration Rules, except as modified herein. The arbitration shall take place in the county in which you reside before a single neutral arbitrator (the “Arbitrator”) selected in accordance with the Arbitration Rules. Payment of all filing, administration, and arbitrator fees will be governed by the Arbitration Rules. The Company shall be responsible for its share of the arbitration fees, and if you are unable to pay your share, the Company will pay it on your behalf, subject to the Arbitrator’s determination of your good faith inability to pay.

The parties agree that the arbitration proceedings, including all documents, evidence, and statements made during the proceedings, shall be confidential. Neither party shall disclose any information related to the arbitration, including the existence of the arbitration, the Arbitrator's award, or any other details of the proceedings, to any third party, except as may be required by law, regulation, or court order, or to enforce or challenge the arbitration award.

ARBITRATION OF YOUR CLAIM IS MANDATORY AND BINDING. NEITHER YOU NOR WE WILL HAVE THE RIGHT TO LITIGATE THAT CLAIM THROUGH A COURT. IN ARBITRATION, NEITHER YOU NOR WE WILL HAVE THE RIGHT TO A TRIAL BY JUDGE OR JURY.

You and we will have the ability to reasonable discovery in accordance with the Expedited Procedures in the Arbitration Rules. All determinations as to the scope, interpretation, enforceability and validity of this agreement to arbitrate shall be made finally and exclusively by the Arbitrator. The Arbitrator’s award shall consist of a written statement stating the disposition of each Claim and will also provide a concise written statement of the essential findings and conclusions on which the award is based. The Arbitrator’s award will be binding and final. Judgment on the arbitration award may be entered in any court having jurisdiction.

NO CLASS ACTION, OR OTHER REPRESENTATIVE ACTION, OR PRIVATE ATTORNEY GENERAL ACTION, OR JOINDER OR CONSOLIDATION OF ANY CLAIM WITH A CLAIM OF ANOTHER PERSON SHALL BE ALLOWABLE IN ARBITRATION.

This arbitration provision shall survive: (i) the termination of this Agreement; (ii) the bankruptcy of any party; and (iii) any transfer, sale or assignment of your Card, or any amounts owed on your Card, to any other person or entity. If any portion of this arbitration provision is deemed invalid or unenforceable, the remaining portions shall nevertheless remain in force. Any different agreement regarding arbitration must be agreed to in writing.

This arbitration agreement is made pursuant to a transaction involving interstate commerce, and shall be governed by the Federal Arbitration Act, 9 U.S.C. §§ 1-16.

IF YOU DO NOT AGREE TO THE TERMS OF THIS ARBITRATION AGREEMENT, DO NOT USE THE SERVICES OR ANY PARTNER SERVICES, NOTIFY US IMMEDIATELY FOR TERMINATION OF THE MAJORITY TERMS AND PARTNER AGREEMENTS.

10.6 Entire Agreement

The Majority Terms represent the entire agreement between you and us relating to the use of the App, Website, your Majority Account and/or any other part of the Services, and supersedes all prior offers, understandings, agreements and representations with respect to the Services or any other subject matter covered by the Majority Terms. For clarification, the Majority Terms supersede all offers, promises or similar made to you by our client services agents, representatives or employees. The Majority Terms may not be modified or amended except as described herein.

If a court finds any provision of the Majority Terms or any Partner Agreement to be invalid or unenforceable for any reason, the remainder of the Majority Terms or such Partner Agreement shall continue in full force and effect.

If we or any Partner (as applicable) fail to insist that you perform any of your obligations under the Majority Terms or any Partner Agreement, or if we or a Partner do not enforce our rights against you, or if we delay in doing so, that will not mean that we or the Partner have waived our rights against you and will not mean that you do not have to comply with those obligations. If we or any of our Partners waive a default by you, we will only do so in writing, and that will not mean that we will automatically waive any later default by you.

10.7 Headings

Headings used in the Majority Terms or any Partner Agreement are for convenience purposes only and shall not be deemed to limit or affect any of the provisions hereof.

10.8 Translations of the Majority Terms and Partner Agreements

The official version of the Majority Terms, Majority Promotional Offers and the Partner Agreements is in the English language. Any translations are provided merely for convenience of the customers and shall not be legally binding. In the event of any conflict between a non-the English language version and the English version, the English version shall prevail.

10.9 Force Majeure

You acknowledge and agree that if we or any of our Partners are unable to provide the Services and/or Partner Services as a result of a force majeure event, neither we nor our Partners shall be in breach of any of our obligations towards you under the Majority Terms and/or Partner Agreements. A force majeure event means any event beyond the reasonable control of Majority and/or the Partners.

10.10 Intellectual Property Rights and Licenses

In consideration of you agreeing to abide by the terms and condition of the Majority Terms, we grant you a limited, non-transferable, non-sublicensable, non-exclusive, revocable license to use the App, the Website and other parts of the Services provided or made available to you by Majority or our Partners. You may download a copy of the App onto a Device which you control and to view, use and display the App for your personal purposes only. We reserve all other rights.

Without limiting the aforesaid, in relation to the App, we license the use of the App to you subject to your adherence to terms and conditions of the Majority Terms, in addition your use of the App is subject to any rules or policies applied by Apple Inc. and/or Google Inc., or any other entity within the Apple or Google group (“Apple” and “Google”). We do not sell the App to you. We remain the owners of the App at all times.

You may not copy, modify, adapt, redistribute, decompile, reverse engineer, disassemble, or create derivative works of the Software, the App, Website or, to the extent applicable, any other part of the Services (or permit or assist any third party in such activities). You must not remove, obscure, or alter any proprietary rights notices (including copyright and trademark notices) that may be affixed to or contained within the Software.

The Software may contain open-source software. Any use, reproduction and distribution of components of the Software licensed under an open-source software license is governed by the terms of such open-source software license, however to the extent permissible thereunder and otherwise if applicable, the Terms of Service shall apply with priority over such open source software license. You acknowledge that you have no right to have access to the Software or other parts of the Services (where applicable) in source-code form.

All ownership and intellectual property rights in or to the Software, App, Website or, to the extent applicable, other parts of the Services and any copies and derivative works thereof (regardless of form or media in or on which the original or other copies may exist), including but not limited to patents, design rights, copyrights, trademarks, trade-secrets and proprietary know-how, shall be owned by and vested in Majority (or our Partners, to the extent applicable), or any third party licensors, and nothing in the Majority Terms shall constitute or be interpreted as a transfer of any such rights from Majority (or any third party licensor of Majority) to you or anyone else. You are, as stated above, solely entitled to the limited license to the Services specifically granted under the Majority Terms. For clarification, nothing in these terms give you a right to use any of our or our Partners’ trade names, trademarks, service marks, logos, domain names, or other distinctive brand features, except as may be contained in or otherwise used within the Services or Partner Services provided to you.

The licenses granted to you as described in this section will terminate automatically in the event of termination of the Majority Terms. Furthermore, we have the right to, in its sole discretion, at any time remove any materials posted to the Website.

10.11 Third Party Services and Fees

You acknowledge and agree that the use of the Services and Partner Service is dependent upon services of third parties, including but not limited to international carriers, local termination partners and your local telecom and mobile operator (“Providers”). Note that some Providers prohibit or restrict the use of the Services and/or Partner Services and may impose fees in connection with the use of the Services. You are solely responsible for verifying with your mobile operator or Internet provider (or any other Provider that you are using in relation to your use of the Services or Partner Services) that your use of the Services is permitted and in accordance with any contractual obligations you may have with such Provider, and also to understand (and pay for) any fees that such Provider may charge you in relation to your use of the Service or Partner Service.

Note that if you use the Services and Partner Service while you are in a country that is not the country associated with your base/fixed net or mobile phone operator or other Provider (in other words: out-of-country usage) this usage may lead to significantly higher costs in relation to your Providers than normal usage. You are solely responsible for keeping yourself informed and paying for such possible roaming and other applicable charges levied by your mobile operator or other Provider.

10.12 Your Submission of Feedback

You agree that any comments, suggestions, feedback, documents, content or other material or information provided, shared, published by you in connection with the use of the Services or Partner Services, or otherwise in your contacts with us or our Partners (including but not limited to, the use of blogs, email, forums and customer support functions) is provided on a non-proprietary, non-exclusive and non-confidential basis. You grant us a royalty-free, world-wide, transferable, sub-licensable, perpetual and irrevocable license to use any such material or information (of course subject to our and/or our Partners privacy policies). You acknowledge that you are responsible for whatever material or information is provided by you, including its legality, reliability, appropriateness, originality and copyright.

10.13 No Warranties

You expressly acknowledge and agree that the provision and use of the Services and/or the Partners Services are at your sole risk and that the entire risk as to satisfactory quality, performance, accuracy and effort is with you. To the maximum extent permitted by applicable law, the Services and/partners Services are provided “AS IS” and “AS AVAILABLE”, with all faults and without warranty of any kind, and we hereby disclaim all warranties and conditions with respect to the Services and Partners Services, either express, implied or statutory, including, but not limited to, the implied warranties and/or conditions of merchantability, of satisfactory quality, of fitness for a particular purpose, of accuracy, of quiet enjoyment, and non-infringement of third party rights. We do not warrant against interference with your enjoyment of the Services or that the Services will be uninterrupted or error-free, or that defects in the Services will be corrected. No oral or written information or advice given by us shall create a warranty. Should the service cause any defects, you assume the entire cost of all necessary servicing, repair or correction. Additionally, you also understand that we cannot guarantee that information or communications transmitted in relation to the use of Services will not be subject to interception by law enforcement officials or other third parties.

This version of the Majority Terms is effective as from: 13 May 2024