MintEFT Customer Supplier Integration Terms and Conditions

1. MintEFT and the MSA

  1. Mint provides a dedicated, fast, and secure bank transfer payment solution for Mint customers, including the Customer, to pay wholesalers, tour operators and other suppliers (MintEFT).
  2. For its convenience, the Customer wishes to authorise the suppliers listed on this MintEFT Customer Supplier Integration Application Form (Authorised Suppliers) to, when the Customer authorises the Authorised Supplier on its platform, initiate MintEFT payments from the Customer to the Supplier and the Customer completes this MintEFT CustomerSupplier Integration Application Form to do so.
  3. The Customer is party to the Mint Payments Service Agreement including the General Terms and Conditions (MSA).
  4. These MintEFT Customer Supplier IntegrationTerms and Conditions are to be read in conjunction with and forms part of the MSA. These MintEFT Customer Supplier Integration Terms and Conditions prevail over the MSA to the extent of any inconsistency.
  5. Capitalised terms used but undefined in these MintEFT Supplier Integration Terms and Conditions have the meaning given to them in the General Terms and Conditions.

2. Payments

  1. If a Customer logs into an Authorised Supplier’s platform and authorises a payment to be made to the Authorised Supplier via MintEFT (Payment), the Authorised Supplier is authorised by the Customer under these MintEFT Customer Supplier Integration Terms and Conditions to initiate a payment, for the amount of the Payment, from the Customer to theAuthorised Supplier in MintEFT (Supplier Payment).
  2. The parties acknowledge that the Supplier Payment will not be subject to further authorisation by the Customer, and that the Supplier Payment will not be able to be cancelled after it is initiated by the Authorised Supplier in MintEFT.

3. De-authorising a supplier

  1. The Customer may de-authorise an Authorised Supplier on [5] business days’ notice to Mint.
  2. If the Customer has provided notice in accordance with clause 3(a), the Customer must not purport to authorise any further MintEFT payments in that formerly Authorised Supplier’s platform.
  3. The Customer acknowledges that it will remain liable for any and all Supplier Payments during the notice period in clause 3(a).

4. Liability

The terms of this clause 4 are in addition to the liability provisions in the MSA.

4.1 Limitation of liability

  1. The Customer authorises the Authorised Suppliers at its own risk and absent Mint’s fraud or wilful misconduct, Mint will not be liable for any loss or damage suffered by the Customer as a result of theCustomer authorising the Authorised Suppliers under these MintEFT CustomerSupplier Integration Terms and Conditions, including without limitation, any conduct of an Authorised Supplier initiating payments from the Customer inMintEFT.

4.2 Indemnity

  1. The Customer must indemnify and hold Mint harmless from and against any Claim against Mint, including without limitation a Claim brought against Mint by an Authorised Supplier, arising from or connected with the Customer authorising the Authorised Suppliers under these MintEFT Customer Supplier Integration Terms and Conditions.

4.3 Termination

  1. Without limiting any termination rights under the MSA, Mint may terminate these MintEFT Customer Supplier Integration Terms and Conditions:
    1. immediately
      1. if the Customer has an insolvency Event; or
      2. if the Customer commits a breach of these MintEFT Customer Supplier Integration Terms and Conditions that is not capable of being remedied; and
  2. if the Customer commits a breach of these MintEFT Customer Supplier Integration Terms and Conditions that is capable of being remedied, [10] business days after giving the Customer written notice of the breach, unless remedied by the Customer beforehand.
  3. The Customer may terminate these MintEFT Customer Supplier Integration Terms and Conditions on [30] business days’ notice to Mint.
  4. If either party terminates these MintEFT Customer Supplier Integration Terms and Conditions and/or the MSA, the Customer must not purport to authorise any further MintEFT payments in an Authorised Supplier’s platform.
  5. Clauses 4 and 4.2 of these MintEFT Customer Supplier Integration Terms and Conditions survive termination of the same for any reason.
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