We are thrilled to introduce a new feature that reinforces our commitment to data protection and compliance with the latest regulations. With the deployment of the Submerchant Agreement, we are equipping our users with the necessary provisions to ensure a secure and transparent payment services experience.
Previously, our submerchant agreements were referenced in our Terms Of Service. Using the platform meant that you automatically accepted the terms of our submerchant agreement. This release distinctly presented our agreement to our current and new merchants through our onboarding process.
Further, acceptance of our submerchant agreement is now saved in our database against each merchant with a digital signature and date. These agreements can be provided to our merchant acquirer and acquiring bank upon request.
We firmly believe that this feature will not only help our users stay in compliance with data protection regulations but also provide them with greater confidence in the security and integrity of their data. Our dedicated support team can assist you if you have any questions or concerns regarding the Submerchant Agreement or its implementation.
RallyPay is committed to maintaining the highest data protection standards and delivering an exceptional user experience. Stay tuned for more exciting updates as we continue to prioritize security and compliance in our platform.
Chief Operating Officer, RallyPay