RentMoola Terms of Use


Confirmation of Critical Terms of Service on the Cash Transaction Network

Under a Payment Processing Agreement between us and PayNearMe MT, Inc. (the "Agreement"), PayNearMe will, through us, provide a web-based technology merchant payment processing service and supporting network infrastructure (the "Network") to enable cash payments to you at participating 7-Eleven, Family Dollar and ACE Cash Express stores and other payment locations to be agreed upon in the future. More information may be found at (the "Website"). We have agreed to the following PayNearMe terms of service on your behalf, and the Agreement also requires that all payment recipients and payees ("you") expressly confirm them. You agree:

(i) that PayNearMe and its payment locations are authorized to receive cash payments for you pursuant to the Agreement (i.e., act as agents for the limited purpose of receiving payments).

(ii) that PayNearMe will remit these payments to us or directly to you, as we so instruct PayNearMe, less the PayNearMe and payment location commissions as well as any applicable transaction taxes that PayNearMe or the payment location is obliged to withhold and remit to authorities (currently none).

(iii) that we may share such information with PayNearMe as may be necessary in our discretion to enable PayNearMe to perform its services pursuant to the Agreement.

(iv) that receipt of funds by a payment location on your behalf from any person using the Network ("user") is deemed receipt of payment by you and will satisfy the obligations owed to you in the amount of the applicable payment by the user, even if PayNearMe or we fail to make such payment to you. (Instead, your recourse is to us, we would look to PayNearMe and so on). The receipt issued by the payment location will identify you as the recipient of the payment and may identify us as well. In this way the user is not at risk of having to pay twice. You agree that you have no (and shall not assert any) claim for payment against any user after receipt user's payment by a payment location and will not otherwise allow or take any action or fail to take any action adverse to user in connection with such payment.

(v) that either we or PayNearMe can elect to suspend the initiation of new payment transactions at our reasonable discretion, until such time as we and PayNearMe agree to resume processing.

(vi) that you will comply with: (x) applicable provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act, undertaking in particular not to commit unfair, deceptive, or abusive acts or practices as prescribed by the Consumer Financial Protection Bureau; (y) applicable provisions of the Gramm-Leach-Bliley Act, undertaking in particular to properly safeguard consumer information as described in the Safeguards Rule promulgated by the Federal Trade Commission; and (z) applicable provisions of the Truth in Lending Act and related regulations enforced by the Consumer Financial Protection Bureau in its authority under the Dodd-Frank Wall Street Reform and Consumer Protection Act.

(vii) that all use of the Cash Transaction Network by users is subject to PayNearMe's terms of use displayed on the Website and that you will reasonably cooperate with PayNearMe and us in good faith to minimize fraud/theft/abuse/illegality in the use the Cash Transaction Network and during the term of the Agreement and for a reasonable time thereafter, you will promptly respond to reasonable requests in this regard for information concerning payments.

(viii) that you will not use any Payment Location names, marks or logos without PayNearMe's prior written approval. In the event of any inconsistency between this confirmation and the Agreement, then the Agreement provision will govern.