Dwolla Platform Agreement

This Dwolla Platform Agreement (“Agreement”) is a legally binding agreement between you and Dwolla, Inc. (“Dwolla”) and applies to your use of the Dwolla Platform Services, as defined in this Agreement.

It is important that you read and understand this Agreement as it governs your use of the Dwolla Platform Services. You represent and warrant that you have the authority to accept this Agreement on behalf of the legal entity you have registered at www.dwolla.com (“you”, “your” throughout this Agreement) and to provide any information that you share with Dwolla. By indicating your acceptance of this Agreement or by executing an order form (“Order Form”) or other agreement that references this Agreement, you agree to be bound by this Agreement. If you do not accept this Agreement, you must not access or use the Dwolla Platform Services.

We may amend this Agreement at any time by providing notice to you.  Notice may be provided to you on www.dwolla.com, on any other website maintained by Dwolla, by email, or by any other reasonable means. The amended Agreement is effective when posted or as of the date indicated, and your continued use of the Dwolla Platform Services constitutes your acceptance of any amended Agreement.

To use the Dwolla Platform Services, you must also accept the Dwolla Terms of Service located at www.dwolla.com/legal, which are incorporated into this Agreement by reference (the “Dwolla Terms”).  Capitalized terms used in this Agreement and not otherwise defined will have the meanings assigned to them in the Dwolla Terms.

    Using the Dwolla Platform Services

  1. Dwolla Platform Services. Dwolla offers electronic payment services through an online dashboard experience available at www.dwolla.com and the Dwolla application programming interfaces (“Dwolla API”), and related technical, business and support services, each as may be modified or updated (together, the “Dwolla Platform Services”).  The Dwolla Platform Services allow you to manage your end users’ and your own payments experience on your platform, website, and/or application (each, an “Application”) and open and manage end user Dwolla accounts (“Customer Accounts”) (together, your “Dwolla-Enabled Services”). An end user that has opened a Customer Account is referred to as a “Customer”.  The products and services that you provide through your Application, including the Dwolla-Enabled Services, are referred to herein as “Your Services”.  It is your sole responsibility to clearly explain to your end users the nature of Your Services, your Dwolla-Enabled Services, and Dwolla’s role in the provision of such services.
  2. Dwolla Account. In order to use the Dwolla Platform Services, you must: (a) be a U.S. company or other legally-organized entity, in good standing, with a U.S. physical address, and (b) open and maintain a Dwolla account governed by the Dwolla Terms and Dwolla Privacy Policy, as they may be updated from time to time. Your use of the Dwolla Platform Services may be limited if your Dwolla account is suspended or otherwise restricted. You represent and warrant that you are eligible to use the Dwolla Platform Services and that you will not open or use your Dwolla account for any personal, family, or household purposes.
  3. Account Credential Security.  You are responsible for maintaining commercially reasonable security and control of your Dwolla account and credentials, including passwords, security codes, and API Credentials as defined in Section 14 (collectively, your “Account Credentials”). You are responsible for ensuring that your employees, contractors, and agents comply with all security requirements set out in this Agreement, as applicable. You are responsible for any activity conducted using your Account Credentials, regardless of whether you authorized such activity.  Notify Dwolla immediately at security@dwolla.com if you believe that your Account Credentials have been compromised.
  4. Required Information About Your Business.  When you register for a Dwolla account, we will ask you for information about your business, including but not limited to: business name, address, phone number, email address, tax identification number, website address, business model, and any supporting documentation that we deem necessary in our reasonable discretion (such as copies of government-issued identification, proof of licensing, proof of financial condition, business policies, and other business or identification documentation).  We will also ask you for information about your beneficial owner(s), controller, and authorized representative, including but not limited to: name, birthdate, tax identification number or equivalent, and any supporting documentation that we deem necessary in our reasonable discretion. Your ability to use the Dwolla Platform Services is subject to our satisfactory review of the information that you provide and our approval. You represent and warrant that any information that you provide to us about your business is accurate and complete and that you will keep this information up to date at all times. Failure to do so may result in termination of this Agreement by Dwolla.
  5. Routine Business Operations Reviews. Dwolla may request, and you agree to provide, information about your business, operations, funds flows, and/or integration with the Dwolla Platform Services. Dwolla reserves the right to reassess your eligibility for the Dwolla Platform Services at any time. Dwolla may immediately suspend provision of any of the Dwolla Platform Services in the event that Dwolla reasonably determines, based on any of the review processes described in this Agreement, that you have become ineligible for any of the Dwolla Platform Services.
  6. Prohibitions. You are prohibited from: (a) using the Dwolla Platform Services for any fraudulent, unlawful, deceptive, or abusive purposes; (b) using the Dwolla Platform Services in any manner intended to harm an end user, Dwolla, or any third party; (c) circumventing Dwolla’s intended limitations for any feature of the Dwolla Platform Services as communicated to you by Dwolla; (d) using the Dwolla Platform Services in a manner inconsistent with any developer documentation, integration guidance, or other technical, policy, or other requirements communicated to you by Dwolla or posted on Dwolla’s website, each as may be updated from time to time (“Integration Requirements”); (e) using the Dwolla Platform Services in violation of any guidance regarding restricted activities communicated to you by Dwolla; (e) using the Dwolla Platform Services to conduct transactions for personal, family, or household purposes; (f) facilitating transactions for a third party that is not your legitimate end user; (g) replicating and/or reselling the Dwolla Platform Services by offering and/or enabling any third party to access the Dwolla Platform Services through your integration; or (h) attempting any of the foregoing.
  7. Compliance. You represent and warrant that you will only use the Dwolla Platform Services for lawful and legitimate purposes and that you will at all times comply and conduct your business in compliance with: (a) all applicable federal, state, and local laws, rules, regulations, and guidance, including, without limitation, those governing payment services, consumer protections, privacy, and data security (collectively, “Applicable Law”); (b) this Agreement; (c) the Dwolla Terms; and (d) the Integration Requirements.
  8. Fees. Dwolla will charge you the following fees for the Dwolla Platform Services.
    Fee Amount
    Transaction Fee 0.5% of the transaction amount, with a minimum fee of $0.05 up to a maximum fee of $5.00 per transaction
    Reversal Fee $5.00 fee for each Reversal (as defined in Section 10 below)
    Customer Onboarding Fee $2.00 fee for each Customer you create
    Receive Only User Onboarding Fee $1.00 fee for each Receive Only User you create
  9. Payment Terms. Transaction Fees are charged at the time of the transaction unless otherwise communicated to you in advance in writing. All other fees incurred in a calendar month will be charged on or after the 2nd business day of the following month. All fees are non-refundable. You expressly authorize Dwolla to charge your Dwolla account and/or linked U.S. financial institution account(s) (each, a “Payment Account”) for all fees, expenses, and other amounts owed under this Agreement. You are liable to Dwolla for all fees and expenses (including reasonable attorneys’ fees) that Dwolla incurs in collecting, or attempting to collect, fees, expenses or amounts you owe to Dwolla.
  10. Transaction Reversal and Your Liability. You are solely responsible for you and your end users’ payment activity initiated using the Dwolla Platform Services, including, without limitation, any fraudulent activity. Dwolla has no obligation to ensure that the funds required to complete a payment will be available. Any payment sent or received by you or your end users may: (a) be reversed in accordance with Dwolla or its Financial Institution Partners’ risk management policies, (b) be reversed in accordance with Applicable Law, including without limitation, by ACH return as defined under the Nacha Rules, (c) fail due to your error or end user error, (d) fail due to the provision of inaccurate information by you or your end user; or (e) be cancelled or rejected by an end user or the end user’s financial institution (each, a “Reversal”). Except for any Reversal made in error by Dwolla, you are liable to Dwolla and its Financial Institution Partners for any and all losses caused by Reversals and any other Customer Account activity, whether or not authorized by you or the end user, including unauthorized or erroneous activity initiated by you, your end users, or your Application, whether through misconduct, negligence, error, or otherwise.  You authorize Dwolla and its Financial Institution Partners to recover any such amounts due to Dwolla and/or its Financial Institution Partners by debiting the available balance in your Dwolla account. If the available balance in your Dwolla account is insufficient, you authorize Dwolla and its Financial Institution Partners to take any of the following actions to recover the remaining amounts from you: (x) debit your Payment Account(s); (y) request immediate payment from you, and, if payment is not received timely, engage in collection efforts; and (z) pursue any rights or remedies available under any of your agreements with Dwolla for failure to pay amounts owed to Dwolla, including, without limitation, termination for non-payment. Dwolla may require that you provide a personal guaranty for any amounts owed under this Agreement. In the event that your Application has an unacceptable number or rate of Reversals, Dwolla reserves the right to immediately restrict or suspend your use of the Dwolla Platform Services, including by terminating this Agreement.
  11. Transaction Limits.  You understand and agree that Dwolla may, in its sole discretion, impose limits on the transactions that you may submit, including but not limited to, limits on the maximum dollar value of one or more transactions and/or limits on the volume of your transactions over a period of time. Any such limits will be communicated to you in writing by Dwolla prior to being imposed. Nothing in this provision will be deemed to limit Dwolla’s right to decline any transaction that you submit in accordance with Dwolla’s other rights under this Agreement.
  12. Taxes. You are solely responsible for paying and collecting any applicable taxes, duties, levies, or tariffs imposed with respect to the sale of Your Services and the sale of any goods or services through your Application. You acknowledge that Dwolla may have informational reporting requirements to the Internal Revenue Service in connection with payments made for goods or services through your Application. You agree to provide us with any information necessary to complete such reporting, including end user information for the purposes of filing Form 1099-K.  In the event Dwolla incurs a sales tax liability as a result of the sales of your goods or services and/or Dwolla receives an assessment from a taxing authority directly attributable to the sales of your goods or services, you will indemnify Dwolla for all taxes, interest, and penalties that may be assessed.
  13. Termination. Either Dwolla or you may terminate this Agreement at any time by providing the other party with written notice. Upon termination, you will: (a) immediately stop using the Dwolla Platform Services to accept new transactions, (b) cooperate with Dwolla to complete all pending transactions, (c) promptly disburse any funds held in Customer Accounts in accordance with your agreement with end users, and (d) remove any Dwolla Marks, as defined in Section 37 from your Application(s). Dwolla may also terminate this Agreement if: (x) you fail to pay any Fees or any other amounts owed under this Agreement within ten (10) days of receiving notice from Dwolla that payment is owed; (y) you violate this Agreement or any other applicable Dwolla policy or agreement; or (z) your use of the Dwolla Platform Services poses unacceptable risk, including but not limited to financial or data security risk, to Dwolla and/or its Financial Institution Partner in Dwolla’s and/or its Financial Institution Partner’s sole discretion. Without limiting the foregoing, you expressly acknowledge and agree that you will have a continuing obligation after termination of this Agreement to pay any Fees, fines, or other amounts related to your transactions as set out in this Agreement, and to appropriately disburse any Customer Account funds.
  14. Integration and End User Experience Requirements

  15. API credentials. In order to access and use the Dwolla API, Dwolla will provide you with credentials in the form of a key and secret specific to you (“API Credentials”). The API Credentials are Confidential Information and property of Dwolla. You are responsible for maintaining commercially reasonable security and control of your API Credentials in accordance with this section and Section 3. You are prohibited from selling, transferring, sublicensing, or disclosing the API Credentials to any third party, other than to your third party service providers who need such information in order to perform services for you, if applicable.  Dwolla may immediately revoke the API Credentials if you breach this Agreement.
  16. Compliance with Integration Requirements and Go Live Approval Process. In order to receive API Credentials and provide the Dwolla-Enabled Services in your Application (“Go Live”), you must successfully complete Dwolla’s review of your Dwolla API integration and receive Dwolla’s written approval to Go Live. Your Application must be developed in compliance with this Agreement, the Dwolla Terms, the Integration Requirements, and Applicable Laws. You are solely responsible for your integration costs and expenses. In addition to reviewing your integration, Dwolla may review information relating to your business, operations, and/or financial condition and you agree to cooperate with such review. Dwolla may require you to modify your Dwolla API integration and/or Application user experience if it does not comply with the Integration Requirements. You understand and agree that approval to Go Live is granted by Dwolla in its sole discretion.
  17. Bank Account Verification. An end user may link their US state or federally-chartered bank or credit union account (“Bank Account”) to your Application for the purpose of using the Dwolla-Enabled Services. Dwolla may require that you verify the ownership of the Bank Account in a commercially reasonable manner, as specified in the Integration Requirements. If you do not use the methods provided by Dwolla, you must receive Dwolla’s approval prior to using your own verification method. You agree to cooperate with Dwolla’s review of your Bank Account verification method, including the provision of any documentation regarding your method that Dwolla reasonably requests. Prior to changing your Bank Account verification method after it has already received approval by Dwolla, you must notify Dwolla at support@dwolla.com and receive Dwolla’s written approval of the proposed changes.
  18. Your Agreement With End Users. You must have a written agreement with end users (“Your Terms”) in order to provide the Dwolla-Enabled Services to them. Your Terms must be: (a) presented to your end users via online disclosure, (b) accepted electronically, (c) and be accepted in an auditable manner that complies with federal electronic signature laws. Your Terms must allow you to comply with all requirements of this Agreement. Dwolla has no liability to end users for any of Your Services, including any goods or services that may be sold through your Application. If your Application allows end users to buy or sell goods or services, you must publish a refund policy and enforce compliance with that policy. You are responsible for enforcing end users’ compliance with Your Terms. You must also take commercially reasonable steps to ensure that end user activities using the Dwolla-Enabled Services do not violate any Applicable Law or the Dwolla Terms. Notify Dwolla immediately if you detect illegal, fraudulent, deceptive, or otherwise suspicious activity associated with an end user at support@dwolla.com.
  19. Origination Authorization From End Users. Prior to initiating any payment for an end user, you must capture the end user’s authorization to allow Dwolla, as your payments service provider, to originate funds transfers according to the end user’s instructions as provided via your Application.
  20. Express Consent From End Users. You must obtain an end user’s express consent prior to conducting any activity for and/or on behalf of the end user in connection with the Dwolla-Enabled Services, including but not limited to: (a) collecting any end user personal data; (b) sharing end user with data with Dwolla for the purpose of enabling the Dwolla-Enabled Services, including the provisioning and support of a Customer Account, if applicable, (c) using any end user personal data for a purpose not previously disclosed or for which the end user has withdrawn consent; (d) conducting any activity for which the end user has not given you express consent or for which the end user has withdrawn consent; or (e) attempting any of the above.
  21. Notifications for End Users. You are solely responsible for sending all necessary notifications to end users related to their use of the Dwolla-Enabled Services, including Customer Account and payment activity notifications, as applicable. Required Customer Account activity notifications include, but are not limited to, all notifications specified in the Integration Requirements.
  22. Clear Disclosures to End Users. You are required to provide clear and easily understood disclosures to end users regarding their use of the Dwolla-Enabled Services, including, but not limited to:
    1. Funding Source. If your Application allows an end user to choose different funding sources or create a hierarchy of funding sources for sending or receiving funds, you must clearly disclose the funding source or hierarchy of funding sources for any given transfer before the end user authorizes the transfer.
    2. Fees. Any fees charged in your Application must be appropriately disclosed to end users prior to the fees being charged. Fees and payment terms must be clearly communicated to end users and you must obtain the end user’s express consent prior to charging the end user any fees.
    3. Purchase Terms. If your Application allows an end user to buy goods or services, your Application must clearly identify and disclose the goods or services being purchased, the purchase price, any taxes or fees, and the payment schedule, if any. If your Application allows peer to peer payments, your Application should include a memo field for noting the purpose of the payment.
    4. Transfer Times. Subject to any delays caused by financial institutions independent of the Dwolla platform or delays due to fraud or compliance reviews initiated by Dwolla, transfers will normally process in the following time frames: (i) within 3 to 4 business for transfers from a Bank Account to a Dwolla Account, and (ii) within 1 to 2 business days for transfers from a Dwolla Account to a Bank Account. Transfer times are not guaranteed in any way. You are responsible for clearly disclosing these transfer times to an end user prior to payment initiation, as applicable.
    5. Recurring Payments. If your Application allows a non-business end user (an individual) to authorize one or more recurring payments, you must: (i) clearly disclose the payment amount(s), payment schedule, and any relevant payment terms to the end user; (ii) clearly disclose to the end user that the end user has the right to receive advance notice of the amount and date of each payment that will occur in the future at least 10 days before the payment is initiated, or you may offer the end user the option to receive advance notice only for payments that exceed a specified range; (iii) clearly disclose the funding source for the payment or the series of payments or give the end user the opportunity to choose the funding source before each payment is initiated; (iv) obtain the end user’s express consent for the payment(s) after disclosing all items set out above in (i) through (iii); (v) provide the advance payment notice(s) to the end user set out above in (ii); (vi) clearly disclose and provide a readily accessible method for the end user to cancel one or more payments; and (vii) comply with any cancellation request submitted under (vi).
  23. Customer Support for End Users. You are solely responsible for providing customer support for Your Services to end users and, if applicable, for any goods or services that are sold via your Application. You must clearly disclose your customer support policy and publish your customer support contact information in an easily accessible manner within any Application through which you offer Your Services.  If your end user requests Dwolla’s customer support contact information, provide the following: support@dwolla.com and 1-888-289-8744.
  24. Dispute Resolution for End Users. You are responsible for resolving all end user disputes related to Your Services (“End User Disputes”), including any End User Dispute communicated by an end user to Dwolla. Dwolla has no obligation nor any liability associated with your End User Dispute resolution policies and procedures. You agree to provide Dwolla with any requested information regarding the status and/or resolution of an End User Dispute. Dwolla has the right but no obligation to provide support to an end user that contacts Dwolla regarding an End User Dispute, and in such event, you must provide Dwolla with any information Dwolla reasonably requests for the purposes of assisting the end user.
  25. Accuracy of End User Data Provided to Dwolla. You are solely responsible for providing accurate and complete end user data as required or requested by Dwolla for the purposes of providing you the Dwolla Platform Services. In particular, you must ensure that end users are properly identified and classified as personal or business end users. Business end users may not conduct any transactions for personal, family, or household purposes. Dwolla may require you to collect and provide additional information to enable the Dwolla-Enabled Services for an end user and you agree to provide such information. You must use commercially reasonable efforts to verify that any end user data that you provide to Dwolla is accurate and complete.
  26. Transaction and End User Risk Management. You understand and agree that Dwolla may decline, restrict, or otherwise limit any transaction and/or the ability of an end user to use the Dwolla-Enabled Services in accordance with Dwolla’s risk management policies. It is your sole responsibility to verify the identity and legitimacy of your end users, their activities, and their transactions using commercially reasonable methods. Dwolla reserves the right to restrict, suspend or terminate an end user at any time if: (a) Dwolla determines that the end user’s activities violate the Dwolla Terms, any other applicable Dwolla agreement or policy, or any Applicable Laws; (b) Dwolla reasonably determines that the risk associated with the end user or the end user’s activities poses unacceptable risk to Dwolla and/or its users; (c) you do not provide Dwolla with all end user information as required or requested by Dwolla; or (d) for any other reason, in Dwolla’s reasonable discretion. If Dwolla suspends or restricts an end user, Dwolla will use reasonable efforts to provide timely notice to you. Such notice may occur after the suspension or restriction has occurred. Dwolla may also, in its reasonable discretion, contact any end user for Dwolla’s fraud investigation and/or risk management purposes. If Dwolla contacts an end user for such purposes, Dwolla will notify you to the extent permissible under Applicable Law.
  27. Customer Eligibility. Customer Accounts may only be created for end users that are 18 years or older and residents of the United States. You agree that you will not open or attempt to open a Customer Account for any end user that does not meet these criteria and that you will use appropriate measures, technical, operational, and otherwise, to do so.
  28. Required Disclosures for Customers. If your Application allows an end user to become a Customer, Your Terms must clearly disclose the following: (a) a Customer must open a Customer Account provided by Dwolla by accepting the Dwolla Terms and Dwolla Privacy Policy; (b) any funds held in a Customer Account are held by Dwolla’s Financial Institution Partners as set out in the Dwolla Terms; (c) the Customer will access and manage their Customer Account through your Application; (d) you will provide all necessary Customer Account notifications, including payment activity notifications to the Customer; and (e) you will provide the Customer with all necessary customer support for Customer Account activity, including payment activity and dispute resolution. You must capture an end user’s acceptance of Your Terms, the Dwolla Terms, and the Dwolla Privacy Policy in an auditable manner and in compliance with federal electronic signatures law prior to providing a Customer Account and any related Dwolla-Enabled Services to that end user.
  29. Other Required Disclosures. If requested by Dwolla, you agree to promptly notify your Customers of any changes to the Dwolla Terms, the Dwolla Privacy Policy, any service outages or other announcements regarding the Dwolla-Enabled Services, or provide any other information or disclosures as required by Applicable Law.
  30. Termination of a Customer. Prior to terminating your relationship with a Customer, you must ensure that any funds held in their Customer Account are handled or disbursed in accordance with Your Terms. You are solely responsible for ensuring such amounts are appropriately transferred in a timely manner. You understand and agree that Dwolla may require you to terminate a Customer Account if Dwolla deems the Customer Account inactive or dormant, or for any other reason specified in this Agreement. You agree to notify Dwolla promptly at support@dwolla.com if you receive a request from a Customer to close their Customer Account.  You understand that an end user may terminate your access to their Customer Account at any time upon notice to Dwolla, and you acknowledge that if a Customer owes you funds, your only recourse to recover those funds may be outside of the Dwolla network.
  31. Privacy and Data Security

  32. Your Privacy Policy. You must publish and comply with a privacy policy that is prominently displayed and readily accessible from every Application from which Your Services can be accessed, i.e. if an end user can access Your Services from both a website and a mobile application, you must make your privacy policy available on both the website and in the mobile application. Your privacy policy must comply with Applicable Law and clearly explain what data you collect, how you will use it, how you will share it, and how you will store it.
  33. Use of Data. You must obtain your end users’ express consent to use their data for the purposes of providing Your Services, including the Dwolla-Enabled Services, to them. You understand and agree that you may only use data that you receive via the Dwolla Platform Services in accordance with this Agreement and Applicable Law. You are prohibited from selling, transferring, sublicensing, and/or assigning any interest in any data that you access or receive via the Dwolla APIs and the Dwolla Platform Services.  You acknowledge that you are solely responsible for your use of any end user data.
  34. Data Security. Each party is responsible for the security of all data in its possession or control and for its compliance with Applicable Law in connection with its data handling and management practices. Each party is responsible for maintaining commercially reasonable data security controls to protect and secure data from unauthorized use, access, or disclosure. You agree to provide Dwolla with any evidence to demonstrate your compliance with this section upon request by Dwolla. You agree that Dwolla may terminate your use of the Dwolla Platform Services in its sole discretion if Dwolla determines that you or your application pose an unacceptable security risk to Dwolla, its platform, or its users.
  35. Audit.  Dwolla may audit, examine and otherwise monitor your compliance with this Agreement and you agree to cooperate fully with any such audit.  Within 30 days of notice from Dwolla, you will provide to Dwolla or its third party auditor (either, a “Dwolla Auditor”) access to and assistance with: documents, records, reports, or other data, information, or materials compiled, maintained, or otherwise available to the extent related to your compliance with this Agreement and not prohibited from disclosure by Applicable Law. If a Dwolla Auditor determines that you are not in compliance with this Agreement, you will take appropriate action to remedy the non-compliance and will provide Dwolla with evidence of the steps taken to achieve compliance with the time frame agreed upon by the parties.
  36. Confidentiality

  37. Confidential Information Definition. “Confidential Information” means any type of information disclosed by one party (“Disclosing Party”) to the other party (“Receiving Party”) under this Agreement, regardless of the form of disclosure and which (a) is clearly marked as “confidential” or “proprietary” at the time of such disclosure, or (b) should, by its nature and the circumstances of disclosure, reasonably be understood to be confidential by Receiving Party. Notwithstanding the foregoing, Confidential Information does not include information that is in Receiving Party’s possession at the time of disclosure, as substantiated in writing, or enters the public domain without breach of this Agreement.
  38. Confidentiality Obligation. Receiving Party must maintain the confidentiality of Disclosing Party’s Confidential Information in a commercially reasonable manner and in a manner no less stringent than the measures it employs to protects its most confidential and proprietary information. Receiving Party must not use Disclosing Party’s Confidential Information for any purpose other than as necessary to perform Receiving Party’s obligations under this Agreement. Receiving Party may disclose Confidential Information that is required to be disclosed pursuant to any statute, regulation, order, subpoena or document discovery request, or in response to an inquiry or request of any governmental or regulatory agency or self-regulatory organization, provided that, to the extent not prohibited, Receiving Party will notify Disclosing Party of such request as soon as practicable in order to afford Disclosing Party an opportunity to seek a protective order. Receiving Party’s obligation to maintain the confidentiality of Confidential Information will survive the termination or expiration of this Agreement for any reason.
  39. Intellectual Property

  40. Dwolla API License. Dwolla grants to you a limited, non-exclusive, non-transferable, non-sublicensable, revocable license to access, use, and integrate the Dwolla Platform Services with your Application in accordance with this Agreement (“API License”). This API License may be immediately revoked or terminated by Dwolla if you share your API Credentials with any third party (other than third party service providers who need such information in order to perform services for you) or if you breach this Agreement.
  41. Marks. Solely in connection with the activities contemplated by this Agreement, each party grants the other party a limited, non-exclusive, non-transferable, non-sublicensable, revocable license for the term of this Agreement to use and display the other party’s trade names, trademarks, logos, and domain names (“Marks”) solely for you to identify Dwolla as your provider of the Dwolla Platform Services and for Dwolla to identify you as a user of the Dwolla Platform Services. You may only use Dwolla’s Marks in accordance with any usage guidelines communicated to you by Dwolla and this Agreement. You may not misstate or incorrectly describe the nature of the relationship between you and Dwolla and the services provided by each party. Dwolla may revoke your ability to use the Dwolla Marks in its sole discretion upon notice to you.
  42. Intellectual Property Ownership. Dwolla is the exclusive owner of and retains all right, title and interest to the Dwolla Platform Services; Dwolla APIs; the Dwolla Dashboard; the Dwolla platform and all modifications, enhancements, upgrades and updates thereto; the Dwolla Marks; and all intellectual property rights therein and thereto (collectively, the “Dwolla IP”). There are no implied licenses under this Agreement. Except as set out in this Agreement, you will not acquire any rights in the foregoing and you will not copy, transmit, transfer, modify or create derivative works, reverse engineer, reverse compile, reverse assemble or otherwise determine or derive source code of the Dwolla IP, nor permit or authorize any third party to do any of the foregoing.
  43. Feedback. You may voluntarily provide suggestions or ideas for improvements or modifications to the Dwolla Platform Services (“Feedback”). Nothing in this Agreement will prohibit Dwolla from using, profiting from, disclosing, publishing, or otherwise exploiting any Feedback, nor create any obligation to compensate you for the provision of Feedback.
  44. Other Legal Terms

  45. Indemnification. You agree to defend and indemnify Dwolla, its officers, directors, agents, employees, and suppliers from any third party claims, actions, proceedings, and suits and related liabilities, damages, settlements, penalties, fines, costs, or expenses (including reasonable attorneys’ fees and other litigation expenses) arising from: (a) your violation or breach of this Agreement; (b) your negligence or misconduct; or (c) your violation of Applicable Law.
  46. Limited Warranty. THE DWOLLA PLATFORM SERVICES ARE PROVIDED “AS IS” AND “AS AVAILABLE”, WITHOUT ANY REPRESENTATION OF WARRANTY, WHETHER EXPRESS, IMPLIED OR STATUTORY, INCLUDING ANY WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, OR NON-INFRINGEMENT. DWOLLA MAKES NO REPRESENTATION OR WARRANTY THAT THE DWOLLA PLATFORM SERVICES WILL MEET YOUR REQUIREMENTS OR BE CONTINUOUS, UNINTERRUPTED, OR ERROR-FREE.
  47. Limitation of Liability.  IN NO EVENT WILL DWOLLA BE LIABLE TO YOU OR ANY THIRD PARTY UNDER ANY CIRCUMSTANCES FOR ANY INDIRECT, CONSEQUENTIAL, SPECIAL, PUNITIVE OR EXEMPLARY, DAMAGES OR LOSSES, INCLUDING BUT NOT LIMITED TO DAMAGES FOR LOSS OF PROFITS, GOODWILL, USE, DATA, OR OTHER INTANGIBLE LOSSES INCURRED IN CONNECTION WITH: (a) THIS AGREEMENT, OR (b) YOUR USE OF, INABILITY TO USE, OR UNAVAILABILITY OF THE DWOLLA PLATFORM SERVICES UNDER ANY THEORY OF LIABILITY OR CAUSE OF ACTION WHETHER IN TORT (INCLUDING NEGLIGENCE), CONTRACT OR OTHERWISE, REGARDLESS OF WHETHER DWOLLA HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. IN NO EVENT WILL DWOLLA’S LIABILITY UNDER THIS AGREEMENT EXCEED THE FEES DWOLLA HAS RECEIVED FROM YOU UNDER THIS AGREEMENT DURING THE 12 MONTHS PRECEDING THE EVENT GIVING RISE TO A CLAIM. THIS LIMITATION OF LIABILITY WILL APPLY TO THE FULLEST EXTENT PERMITTED BY LAW.
  48. Assignment.  You may not transfer, assign, or delegate this Agreement or any of your rights, obligations, or duties under this Agreement without the prior written consent of Dwolla. Dwolla may transfer or assign this Agreement or any of its rights, obligations, or duties under this Agreement at any time.
  49. Independent Contractor Relationship. You and Dwolla are independent entities, and this Agreement does not create any partnership, agency, or joint venture relationship between you and Dwolla. You may not and may not attempt to represent, warrant, or obligate Dwolla to any commitment with any third party.
  50. Force Majeure. Dwolla is not responsible for any failure to perform its obligations under this Agreement during any period in which such performance is delayed by circumstances beyond its reasonable control, including, but not limited to, weather, fire, flood, earthquake, war, embargo, strike, riot, civil unrest, acts of terrorism, failure or interruption of public or private infrastructure, or the intervention of any government entity. In the event of such a failure, Dwolla’s obligations will be suspended until Dwolla is able to perform.
  51. Notices.  All notices to Dwolla must be sent by email to legal@dwolla.com.
  52. Governing Law; Waiver of Jury Trial. This Agreement will be construed in accordance with, and governed by, the laws of the State of Iowa, without regard to its conflict of laws principles. You waive right to a jury trial in any judicial proceeding involving any claim relating to or arising under this Agreement.
  53. No Third Party Beneficiaries.  This Agreement is intended for the exclusive benefit of you and Dwolla and not intended to benefit any third party.
  54. Entire Agreement, Conflicts, No Waiver, Construction. This Agreement, along with the Dwolla Terms, the Integration Requirements, any executed Order Form, and any documents incorporated by reference, constitute the entire agreement between the parties. Any agreement to modify or amend this Agreement must be agreed to in writing by the parties. With the exception of any Order Form that the parties have executed, to the extent that the terms of this Agreement conflict with any other Dwolla agreement or policy governing your use of the Dwolla Platform Services, this Agreement will control. Any failure by Dwolla to enforce any right or provision of this Agreement will not constitute a waiver of such right or provision. If any provision of this Agreement is held to be invalid or unenforceable, such provision will be interpreted to fulfill its intended purpose to the maximum extent permitted by law, and the remaining provisions will remain in full force and effect. All provisions of this Agreement that by their nature are intended to survive termination or expiration of this Agreement will survive termination of this Agreement for any reasons. No provision of this Agreement will be construed against a party by reason of that party drafting such provision.

If you accepted the Dwolla Platform Agreement on September 14, 2020 or earlier, the version below applies to you.

Dwolla Platform Agreement

This Dwolla Platform Agreement (this “Agreement”) is a legally binding agreement between you and Dwolla, Inc. (“Dwolla”) and applies to your use of the Dwolla Platform Services, as defined in this Agreement.

It is important that you read and understand this Agreement as it governs your use of the Dwolla Platform Services. By accessing or using the Dwolla Platform Services, you accept and agree to be bound by this Agreement. If you do not agree to this Agreement, you must immediately stop using the Dwolla Platform Services.

We may amend this Agreement at any time by providing notice to you, which notice may be provided electronically when you log into www.dwolla.com or any other website Dwolla maintains or by any other reasonable means including, without limitation, email. The amended Agreement is effective at the time we post it and your continued use of the Dwolla Platform Services constitutes your acceptance of any amended Agreement.

Capitalized terms used in this Agreement and not otherwise defined will have the meanings assigned to them in the Dwolla Terms of Service located at https://www.dwolla.com/legal/tos, which are incorporated into this Agreement by reference (the “Dwolla Terms”).

  1. Dwolla Platform Services. Dwolla will provide you with the “Dwolla Platform Services”, which include the Dwolla Dashboard functionality (the “Dwolla Dashboard”) and a license to use Dwolla’s application programming interfaces (the “Dwolla APIs”). Dwolla may terminate the Dwolla Platform Services at any time with or without advance notice and makes no guarantees, representations, or warranties with respect to the Dwolla Platform Services.
  2. End Users. You may use the Dwolla Platform Services only to send payments to and receive payments from your end users. You may not use the Dwolla Platform Services for any other purpose, including to facilitate payments between your end users. You may create your end users either as “Customers” or “Receive Only Users”.
    1. Customers. A Customer is eligible to send and receive payments using the Dwolla Platform Services and must open a Dwolla account. You  must comply with the Dwolla Rules for Customers, which are incorporated in this Agreement by reference, with respect to your Customers and the transfers of funds initiated by and to such Customers using the Dwolla Platform Services (the “Customer Rules”).
    2. Receive Only Users. A Receive Only User may only receive payments. You must comply with the Dwolla Rules for Receive Only Users, which are incorporated in this Agreement by reference, with respect to your Receive Only Users and the transfers of funds initiated to such Receive Only Users using the Dwolla Platform Services (the “Receive Only User Rules”).
  3. Fees and payment terms.
    1. Fees. Dwolla will charge you the fees listed below for the Dwolla Platform Services.
      Fee Amount
      Transaction Fee 0.5% of the transaction amount, with a minimum fee of $0.05 up to a maximum fee of $5.00 per transaction
      Reversal Fee $5.00 fee for each Reversal (as defined in Section 5 below)
      Customer Onboarding Fee $2.00 fee for each Customer you create
      Receive Only User Onboarding Fee $1.00 fee for each Receive Only User you create
    2. Payment Terms. Transaction Fees are charged at the time of the transaction. All other fees incurred in a calendar month will be charged on or after the 4th business day of the following month. All fees are non-refundable. You expressly authorize Dwolla to charge your Dwolla account and/or linked U.S. financial institution account(s) (each, a “Bank Account”) for all fees, expenses, and other amounts owed under this Agreement. For any fees, expenses and other amounts that are not timely paid, reimbursed or otherwise remitted to Dwolla, Dwolla will charge you a late fee for each month such amount is outstanding, including up to 10% interest on the outstanding balance and any internal costs of collection and attempting to collect the outstanding amount. You will also be liable to Dwolla for all fees and expenses (including reasonable attorney’s fees) that Dwolla incurs in collecting, or attempting to collect, fees, expenses or amounts  you owe to Dwolla.
  4. Eligibility. To be eligible to use the Dwolla Platform Services, you must be a U.S. business legally organized, in good standing, and with a physical presence in the U.S.
  5. Financial Responsibility for Payment Activity. You are responsible for all payment activity initiated using the Dwolla Platform Services, including, without limitation, any fraudulent activity. Any payment you send or receive may be reversed according to Dwolla’s own policies and Applicable Law (each, a “Reversal”). If there are Reversals of any payments initiated using the Dwolla Platform Services, then it is your sole responsibility to make Dwolla and its Financial Institution Partners whole for the full amount of any losses from such Reversals upon request from Dwolla. Your Dwolla account or Bank Account will be automatically debited for the aggregate amount owed by you due to Reversals. In the event there are Reversals, Dwolla reserves the right to terminate this Agreement immediately.
  6. Individual Guarantee of Financial Obligations. If you fail to pay any debts, liabilities, obligations, or other amounts owed to Dwolla or its Financial Institution Partners under this Agreement, including, without limitation, any fees owed under Section 3.1 above, amounts owed due to Reversals under Section 5 above, and amounts owed for taxes under Section 23 below (collectively, “Financial Obligations”), then the individual you list as the Controller for your company on the “Uniform Beneficial Ownership” certification form you submit to Dwolla (the “Guarantor”) must guarantee the full and prompt payment of any and all of your Financial Obligations. Dwolla must agree in writing to replace the Guarantor with a different officer of your company. In the event of default of payment by you of your Financial Obligations, Dwolla is not required to exhaust all remedies against you, including filing a lawsuit against you, before enforcing the guaranty and demanding payment from the Guarantor.
  7. Transfer times. Subject to any holds placed by the receiving or sending bank or delays due to fraud or compliance reviews, payments initiated using the Dwolla Platform Services will normally, but are not guaranteed to, process in the following time frames:
    1. T+3 to 4 business days for transfers from a Bank Account into your Dwolla account
    2. T+1 to 2 business days for transfers from your Dwolla account into a Bank Account.
  8. Bank Accounts. You must attach at least one Bank Account to your Dwolla account, which will be used to pay Dwolla fees and any other amounts owed under this Agreement. To send funds, a Bank Account must be verified using services supplied by Dwolla such as micro deposits or instant account verification.
  9. Go Live approval process. Prior to the date that you make Dwolla Platform Services-enabled payment services available to your end users, you must successfully complete Dwolla’s review process and receive Dwolla’s written approval to go live.
  10. Representations and Warranties. You represent, warrant, and covenant throughout the term of this Agreement as follows:
    1. Dwolla account required. You are required to open and maintain a Dwolla account governed by the Dwolla Terms, in order to use the Dwolla Platform Services. Your Dwolla account must be a Business Account and must not be suspended or in any other restricted state. You agree that you will not use your Dwolla account nor the Dwolla Platform Services for personal, family, or household purposes.
    2. Compliance. You will at all times comply and conduct your business in compliance with:
      1. All applicable federal, state, and local laws, rules, regulations, and guidance, including, without limitation, those governing payment services, consumer financial protections, information and data security, and privacy (collectively, “Applicable Law”);
      2. This Agreement;
      3. The Customer Rules;
      4. The Receive Only User Rules;
      5. The Dwolla Terms;
      6. Any integration guide, developer documentation and/or any other documentation provided to you by Dwolla or posted on Dwolla’s website, all of which is incorporated in this Agreement by reference (collectively, the “Integration Documentation”); and
      7. Any other additional requirements imposed by Dwolla in its discretion.
    3. Data security. You are responsible for the security of all data in your possession or control and for your compliance with Applicable Law in connection with your data security policies and procedures. You must use commercially reasonable efforts to protect and secure data from unauthorized use or disclosure. If you experience a security breach or compromise of data belonging to any of your end users, you must promptly notify Dwolla and the affected end user(s).
    4. Password security. You are responsible for maintaining adequate security and control of your Dwolla account and credentials, including passwords, PINs, and API credentials. You are responsible for ensuring that your employees, contractors, and agents comply with this security requirement.
    5. Publicity restrictions. You will not permit, issue, or cause the publication of any press release or other public announcement relating to the specific activity and/or services contemplated by this Agreement without Dwolla’s prior written consent.
  11. Compliance Responsibilities. For purposes of ensuring that you are performing your compliance responsibilities as required under this Agreement and by Applicable Law, using the Dwolla Platform Services for the purposes described in this Agreement, and not introducing excessive risk into the Dwolla platform:
    1. Dwolla reserves the right to perform any of your obligations under this Agreement on your behalf if you do not or are unable to do so for any reason and such failure may result in a violation of Applicable Law by Dwolla.
    2. Dwolla may request, and you agree to provide, information about your business, operations, funds flow, or integration with the Dwolla Platform Services. Dwolla reserves the right, in its discretion, to reassess your eligibility for the Dwolla Platform Services at any time.
    3. Dwolla will have the rights to audit, examine and otherwise monitor your compliance with this Agreement, and you agree to cooperate fully with any such audit. Upon notice from Dwolla, you will provide to Dwolla or its third party auditor (either, a “Dwolla Auditor”) access to and assistance with, except where prohibited by law: documents, records, reports, or other data, information, or materials compiled, maintained, or otherwise available to the extent related to your compliance with this Agreement. If a Dwolla Auditor determines that you are not in compliance with this Agreement, you will take appropriate action to remedy the non-compliance and will provide Dwolla with evidence of the steps taken to achieve compliance within the time frame set by Dwolla.
    4. Dwolla may terminate this Agreement and/or suspend your use of the Dwolla Platform Services immediately in the event that Dwolla reasonably determines that you have become ineligible to use the Dwolla Platform Services.
  12. Termination. Either Dwolla or you may terminate this Agreement at any time by providing the other party with written notice. Upon termination, you will cooperate with Dwolla to complete all pending Dwolla transactions in accordance with this Agreement and the contractual agreement between you and your end users and immediately stop using the Dwolla Platform Services to accept new transactions. Paid fees will not be refunded or prorated upon termination.
  13. Confidentiality.
    1. Definition. “Confidential Information” means any non-public information communicated by one party to the other party under this Agreement which is marked or declared as “Confidential” or “Proprietary” or if not so marked or declared, should be reasonably understood from the context of disclosure or from the information itself, to be confidential.
    2. Exclusions. Notwithstanding the foregoing, the following types of information will not be included within the definition of Confidential Information: (i) information which, at the time of disclosure, is or was in possession of the receiving party as substantiated in writing; (ii) information which, subsequent to the time of disclosure, enters the public domain without breach of this Agreement; and/or (iii) information that is required to be disclosed pursuant to any statute, regulation, order, subpoena or document discovery request, or in response to an inquiry or request of any governmental or regulatory agency or self-regulation organization, provided that, to the extent not prohibited by Applicable Law, notice of such disclosure is furnished to the disclosing party as soon as practicable in order to afford the receiving party an opportunity to seek a protective order (it being agreed that if the disclosing party is unable to obtain or does not seek a protective order and the receiving party is legally compelled to disclose such information, disclosure of such information may be made without liability).
    3. Obligation. The receiving party must maintain the confidentiality of the disclosing party’s Confidential Information and not use it for any purpose other than solely as required and necessary to perform the receiving party’s obligations under this Agreement. Each receiving party’s obligation to maintain the confidentiality of Confidential Information will survive the termination or expiration of this Agreement for any reason.
  14. Intellectual property.
    1. Dwolla APIs License. Dwolla grants to you a limited, non-exclusive, non-transferable, non-sublicensable, revocable license to access and integrate the Dwolla APIs in order to provide payment services to your end users through your integration with the Dwolla APIs within your website and/or mobile application in accordance with this Agreement (“API License”). This API License may be immediately revoked or terminated by Dwolla if you share your API credentials with any third party (other than third party service providers who need such information in order to perform services for you) or if you breach this Agreement.
    2. Marks. Solely in connection with the activities contemplated by this Agreement, each party grants the other party a limited, non-exclusive, non-transferable, non-sublicensable, revocable license for the term of this Agreement to use and display the party’s trade names, trademarks, logos, and domain names (“Marks”) solely for the purpose of identifying each party as the provider of its respective services and for any other purpose with the owning party’s prior written approval. Any uses of a party’s Marks will be in accordance with the owning party’s guidelines and this Agreement. Either party will be entitled to request removal of any use of its Marks if, in its reasonable discretion, the use of the Marks is inconsistent with the owning party’s guidelines or this Agreement.
    3. Ownership. Dwolla is the exclusive owner of and retains all right, title and interest to the Dwolla Platform Services; Dwolla APIs; the Dwolla Dashboard; the Dwolla platform and all modifications, enhancements, upgrades and updates thereto; the Dwolla Marks; and all intellectual property rights therein and thereto (collectively, the “Dwolla IP”). There are no implied licenses under this Agreement. Except as set out in this Agreement, you will not acquire any rights in the foregoing and you will not copy, transmit, transfer, modify or create derivative works, reverse engineer, reverse compile, reverse assemble or otherwise determine or derive source code of the Dwolla IP, nor permit or authorize any third party to do any of the foregoing.
    4. Application License. You grant to Dwolla a limited, non-exclusive, non-transferable, non-sublicensable, revocable license to access your website and/or mobile application in order to test the payment functionality being provided by you to your end users through your integration with the Dwolla Platform Services.
  15. Indemnification. You agree to defend and indemnify Dwolla, its officers, directors, agents, employees, and suppliers from any third party claims, actions, proceedings, and suits and related liabilities, damages, settlements, penalties, fines, costs, or expenses (including reasonable attorneys’ fees and other litigation expenses) arising from: (a) your violation or breach of this Agreement; (b) your negligence or misconduct; or (c) your violation of Applicable Law.
  16. Limited warranty. THE DWOLLA PLATFORM SERVICES, THE DWOLLA APIS, AND THE DWOLLA DASHBOARD ARE PROVIDED “AS IS” AND “AS AVAILABLE”, WITHOUT ANY REPRESENTATION OF WARRANTY, WHETHER EXPRESS, IMPLIED OR STATUTORY, INCLUDING ANY WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, OR NON-INFRINGEMENT. DWOLLA MAKES NO REPRESENTATION OR WARRANTY THAT THE DWOLLA PLATFORM SERVICES, THE DWOLLA APIS, OR THE DWOLLA DASHBOARD WILL MEET YOUR REQUIREMENTS OR BE CONTINUOUS, UNINTERRUPTED, OR ERROR-FREE.
  17. Limitation of liability.  IN NO EVENT WILL DWOLLA BE LIABLE TO YOU OR ANY THIRD PARTY UNDER ANY CIRCUMSTANCES FOR ANY INDIRECT, CONSEQUENTIAL, SPECIAL, PUNITIVE OR EXEMPLARY, DAMAGES OR LOSSES, INCLUDING BUT NOT LIMITED TO DAMAGES FOR LOSS OF PROFITS, GOODWILL, USE, DATA, OR OTHER INTANGIBLE LOSSES INCURRED IN CONNECTION WITH: (i) THIS AGREEMENT, OR (ii) YOUR USE OF, INABILITY TO USE, OR UNAVAILABILITY OF THE DWOLLA PLATFORM SERVICES, THE DWOLLA APIS, OR THE DWOLLA DASHBOARD, UNDER ANY THEORY OF LIABILITY OR CAUSE OF ACTION WHETHER IN TORT (INCLUDING NEGLIGENCE), CONTRACT OR OTHERWISE, REGARDLESS OF WHETHER DWOLLA HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. IN NO EVENT WILL DWOLLA’S LIABILITY UNDER THIS AGREEMENT EXCEED THE FEES DWOLLA HAS RECEIVED FROM YOU UNDER THIS AGREEMENT DURING THE PRECEDING 12 MONTHS. THIS LIMITATION OF LIABILITY SECTION WILL APPLY TO THE FULLEST EXTENT PERMITTED BY LAW.
  18. Assignment. You may not transfer, assign, or delegate this Agreement or any of your rights, obligations, or duties under this Agreement without the prior written consent of Dwolla. Dwolla may transfer or assign this Agreement or any of its rights, obligations, or duties under this Agreement at any time.
  19. Independent contractor relationship. You and Dwolla are independent entities, and this Agreement does not create any partnership, agency, or employment relationship between you and Dwolla. You may not and may not attempt to represent, warrant, or obligate Dwolla to any commitment with any third party.
  20. Force majeure. Dwolla is not responsible for any failure to perform its obligations under this Agreement during any period in which such performance is delayed by circumstances beyond its reasonable control, including, but not limited to, weather, fire, flood, earthquake, war, embargo, strike, riot, civil unrest, acts of terrorism, failure or interruption of public or private infrastructure, or the intervention of any government entity. In the event of such a failure, Dwolla’s obligations will be suspended until Dwolla is able to perform.
  21. Notices.  All notices to Dwolla must be sent by email to legal@dwolla.com.
  22. Governing law; Waiver of jury trial. This Agreement will be construed in accordance with, and governed by, the laws of the State of Iowa, without regard to its conflict of laws principles. You waive right to a jury trial in any judicial proceeding involving any claim relating to or arising under this Agreement.
  23. Taxes. You are liable and solely responsible for paying and collecting, as applicable, for all taxes, duties, levies or tariffs or charges of any kind imposed by any federal, state or local governmental entity with respect to the net income you recognize in connection with this Agreement and the sale of your products and services. You acknowledge that Dwolla may have reporting requirements to the Internal Revenue Service in connection with payments for goods or services under this Agreement. In the event Dwolla incurs a sales tax liability as a result of the sales of your products and services and/or Dwolla receives an assessment from a taxing authority directly attributable to the sales of your products and services, you will indemnify Dwolla for all taxes, interest, and penalties that may be assessed.
  24. Third party beneficiaries. This Agreement is intended for the exclusive benefit of you and Dwolla and not intended to benefit any third party.
  25. Miscellaneous. This Agreement, along with the Dwolla Rules, the Dwolla Terms, the Integration Documentation, any exhibits, schedules, or other attachments hereto or thereto, and any documents incorporated herein or therein by reference, constitutes the entire agreement between you and Dwolla and supersedes all other prior or contemporaneous communications between the Parties (whether written or oral) relating to the subject matter of this Agreement; provided, however, that if you previously entered or subsequently enter into a “Dwolla Services Agreement” with Dwolla pursuant to which Dwolla agrees to provide you with “Dwolla Services” including a license to use the Dwolla APIs and/or Dwolla Dashboard (a “Services Agreement”), then such Services Agreement will supersede and amend and replace in its entirety this Agreement.
  26. Conflicts. To the extent that the terms of this Agreement conflict with the Dwolla Rules, the Dwolla Terms, or the Integration Documentation, this Agreement will control. To the extent that the terms of the Dwolla Rules conflict with the Dwolla Terms or the Integration Documentation, the Dwolla Rules will control. To the extent that terms of the Integration Documentation conflict with the Dwolla Terms, the Integration Documentation will control. Any failure by Dwolla to enforce any right or provision of this Agreement will not constitute a waiver of such right or provision. If any provision of this Agreement is held to be invalid or unenforceable, such provision will be struck and the remaining provisions will remain in full force and effect. All provisions of this Agreement, the Dwolla Rules, the Dwolla Terms, and the Integration Documentation that by their nature are intended to survive termination or expiration of this Agreement (including, without limitation, liability of you and the Guarantor for all Financial Obligations) will survive termination of this Agreement for any reasons.
  27. Not Construed Against Drafter. You acknowledge that you have read this Agreement, had the opportunity to review it with an attorney of your choice, and voluntarily agreed to all its terms and conditions. Under these circumstances, you agree that the rule of construction that a contract be construed against the drafter will not be applied in interpreting this Agreement and in the event of any ambiguity in any of the terms or conditions of this Agreement, including any exhibits or schedules attached to this Agreement, such ambiguity will not be construed for or against Dwolla or you on the basis that such party did or did not author same.