This is a proposed draft for discussion, not an active policy or agreement. It requires legal and issuer review and confirmation of the details flagged below before taking effect.
1. Scope and acceptance
These proposed terms govern access to the Vaultly website operated by [Vaultly legal entity]. Once approved and made effective, using the website would constitute acceptance of these website terms. The current draft does not create a cardholder or merchant agreement.
2. Website information and demonstrations
Vaultly presents Merchant Checkout, with a one-time closed-loop gift card and a reloadable virtual card, Corporate Prepaid for employee payouts, and Loyalty for customer rewards and engagement. Corporate portal and employee app illustrations are concepts, not live accounts. The checkout and consumer portal shown here are demonstrations. Loyalty app previews show fictional points, rewards and activity and do not enrol members or redeem rewards. Sample balances, card details, transactions and transfers are illustrative; interacting with them does not open an account, verify your identity or move money.
The enquiry form prepares text locally for your review. It does not submit a request to Vaultly. Website information is general product information and is not personalised financial or legal advice.
3. Responsible use
You may browse the website and use its features for their intended purpose. Do not impersonate another person, upload harmful code, interfere with service operation or attempt unauthorised access. Provide accurate information and do not submit confidential payment credentials through general enquiry fields.
4. Content and third-party services
Website content and Vaultly branding belong to their respective rights holders. You may retain a copy of these terms for your records; other reuse requires permission unless allowed by law. Third-party names and logos identify their respective services and do not by themselves establish an endorsement or partnership.
External websites and funding services have their own terms and privacy practices. Review those terms before using the service.
5. Product agreements take precedence
A live card program would require its own approved cardholder terms, fees and limits, and program disclosures. Merchant integration and settlement obligations belong in a separate merchant agreement. Corporate Prepaid requires separate business and employee program agreements, including corporation-only funding rules. Loyalty requires separate business and member terms covering eligibility, earning rules, reward availability, redemption, any expiry rules, program changes, account closure and support. Website descriptions do not replace those agreements.
All gift card sales are final. Once purchased, gift cards are non-refundable. Merchant returns and legally protected transaction disputes are handled separately, as explained in the cardholder terms.
6. Availability and responsibility
Access may be interrupted for maintenance, security or other operational reasons. Content may change as the program develops. To the extent permitted by law, the website is provided without a promise of uninterrupted availability or fitness for a particular purpose. Nothing in these proposed terms excludes rights or liabilities that cannot lawfully be excluded.
7. Changes, questions and governing law
Approved revisions should identify their effective date and any required notice. If a provision is unenforceable, the remaining provisions should continue to apply to the extent permitted by law. The final terms must identify the governing law, appropriate forum and operator’s contact details while preserving mandatory consumer protections.
Website operator, registered address, live contact channel, governing law and forum, effective date and any approved liability provisions.
Drafting references
Original sample wording informed by Wealthsimple’s Terms of Use, adapted to Vaultly’s website preview. No Wealthsimple contract terms are incorporated.