Float Electronic Communication Consent Agreement

Consent to Receive Electronic Communications

We suggest you read this document and print a copy for your reference.

Note: This Electronic Communication Consent Agreement (“Agreement”) applies to any and all communications or disclosures that we are legally required to provide to you in writing regarding your Card or any related products and services (“Communications”).

When you acknowledge your agreement to this Electronic Communication Consent Agreement, you are indicating your consent to all of the terms and conditions set out below.

In this Agreement, “we,” “us,” and “our” refer to Peoples Trust Company, and “you” and “your” refer to the person to whom the Card is issued. “Card” means the Float Prepaid Visa Card.

1.    Scope of Communications to Be Provided in Electronic Form. When you acknowledge your agreement to this consent to receive electronic communication, you are agreeing to receive all Communications in electronic format and that we may refrain from sending paper Communications to you unless and until you withdraw your consent as described below. Your consent to receive electronic communications includes:

• any card or account-related agreements, supplements or addenda;
• notices of any changes to such agreements;
• the privacy policies and any notices of updates and changes to the privacy policies;
• notices regarding your Card or Account; and
• any other information relating to your use of the Card and any related products and services, including any legal and regulatory disclosures and communications.

2.    Method of Providing Communications to You in Electronic Form. All Communications that we provide to you in electronic form will be provided:

• via email to the email address you have provided to us which may contain the Communication or a link through which you may view the Communication; or
• via the website, web application or in the mobile application portal.

You must provide us with a current email address to receive electronic Communications. Even if you have consented to receive electronic Communications, in our discretion, we may, from time to time, send paper copies of certain Communications to any mailing address we have for you in our records, either in addition to or in lieu of providing electronic versions.

If you give us an incorrect email address or fail to keep it updated, you agree that any Communications we may make available or attempt to send through any of the methods described above will be deemed to have been provided to you in a timely manner.

Communications that we post on the website will remain accessible for a period of time which we may establish in our discretion and which may vary with the type of Communication.

3.    How to Withdraw Consent. You may withdraw your consent to receive Communications in electronic form at any time by providing notification of your withdrawal in writing by email to support@floatfinancial.com or by calling 1-883-944-3175. If you do, we will  close your account. We will not impose any fee to process the withdrawal of your consent to receive electronic Communications. Any withdrawal of your consent to receive electronic Communications will be effective only after we have a reasonable period of time to process your withdrawal. While we process your withdrawal, you will continue to receive Communications in electronic form. If you withdraw your consent, the legal validity and enforceability of prior Communications delivered in electronic form will not be affected.

4.    How to Update Your Records. It is your responsibility to provide us with a true, accurate, and complete e-mail address, contact information, and other information related to this Agreement and your Card and to maintain and update any changes to this information promptly. You can update your information (such as your e-mail address) by writing to support@floatfinancial.com or by calling 1-883-944-3175.

5.    System Requirements. To receive, access or retain electronic Communications, you will need a computer or other device with internet access, a compatible web browser and, for some types of Communications, a PDF file reader. Compatible browsers include the most current version (and typically one or more prior versions) of all major browsers in widespread use. You will also need access to a printer or the ability to download information to keep copies for your records. When you agree to receive electronic Communications, you are indicating that you have the capability to access the Communications electronically and to download or print copies for your records.

6.    Requesting Paper Copies. We will not send you a paper copy of any Communication, unless you request a paper copy or we otherwise deem it appropriate to do so. You can obtain a paper copy of an electronic Communication by printing it yourself. We reserve the right but assume no obligation, to provide a paper (instead of electronic) copy of any Communication that you have authorized us to provide electronically.

7.    Communications in Writing. All Communications in either electronic or paper format from us to you will be considered “in writing”. You should print or download for your records a copy of this Agreement and any other Communication that is important to you.

8.    Communications from You. This Agreement applies only to Communications you receive from us. Any notices or communications which you are required to send to us in writing, whether pursuant to our agreements with you or under applicable law, must still be sent in accordance with the instructions in those agreements.

9.    Termination/Changes. We reserve the right, in our sole discretion, to discontinue the provision of your electronic Communications, or to terminate or change the terms and conditions on which we provide electronic Communications. We will provide you with notice of any such termination or change as required by law.

CONSENT TO USE OF ELECTRONIC SIGNATURES, COMMUNICATIONS, AND STATEMENTS – US

This Consent to Use of Electronic Signatures, Communications, and Statements is provided by Float Financial Solutions US Inc. (“Float”) on behalf of Thread Bank (“Bank”, “we”, “us”, and “our”, including our successors, affiliates, or assignees).

1. Introduction. You must consent to transact business through electronic communications in order for us to process your loan request. The following terms and conditions govern electronic communications in connection with your Credit Card Application and Cardholder Agreement (if your application is approved), and any communications regarding your Account (as defined in the Cardholder Agreement) (the “Electronic Consent”). Once you have given your consent, we may deliver or make any of the documents or Communications (as defined below) available to you by posting them in the Platform App and sending you an email notification when they become available.
2. Your Legal Rights. Certain laws require us to provide specific information to you in writing, which means you have a right to receive that information on paper. We may provide such information to you electronically if we first obtain your consent to receive the information electronically. Your consent will also apply to any other person named on your accounts, product or service, subject to applicable law.
3. Your Consent to Electronic Signatures. By accepting this Electronic Consent, you understand that: (i) electronically signing and submitting any document(s) to us legally binds you in the same manner as if you had signed in a non-electronic form, and (ii) the electronically-stored copy of your signature, any written instruction or authorization and any other document provided to you by us is considered to be a true, accurate and complete record, and legally enforceable in any proceeding to the same extent as if such documents were originally generated and maintained in printed form. By accepting this Electronic Consent, you also acknowledge and agree that you have read, understand and agree to all the terms of this Electronic Consent, can access the Communications in electronic form, affirmatively consent to the use of electronic signatures and electronic records, and have an active email account. You agree not to contest the admissibility or enforceability of our electronically stored copy of this Electronic Consent and any other documents.
4. Your Consent to Electronic Communications. To the fullest extent permitted by law, this Electronic Consent, notices, disclosures regarding your Account, updates and changes to this Electronic Consent, or other communications (collectively referred to as “Communications”) from us to you regarding your Account with us may be provided to you electronically, and you consent and agree to receive all Communications in an electronic form. Electronic Communications may be posted on the pages within the Float Platform App and/or delivered to your email address. You may print a paper copy of or download any electronic Communication and retain it for your records. All Communications in electronic format will be considered to be “in writing,” and to have been received on the day of posting, whether or not you have received or retrieved the Communication. We reserve the right to provide Communications in paper format. You may withdraw your consent to electronic Communications by contacting Float (“Platform”). A withdrawal of your consent will not become effective until we have received and have had a reasonable period of time to implement it. A withdrawal of your consent does not affect the legal effectiveness, validity or enforceability of any transactions, electronic signatures or electronic records of any Communication entered into, provided or made available before that withdrawal becomes effective. Your consent to receive Communications electronically is valid until your revocation of consent becomes effective. If you revoke your consent to receive Communications electronically, Platform will terminate your right to use the Platform App and we may terminate your account. You accept all liability for any losses, cost, damages and expenses resulting from such termination to the extent permitted by law.
5. Your Review of Communications. Please review promptly all Communications we deliver or make available to you. If Communications are mailed to you, they will be delivered to you at the postal address shown in our records. If Communications are sent to you electronically, they will be delivered to you at the email address shown in our records or made available to you on the Platform App. We will retain printable versions of your account statements for seven (7) years or longer periods as may be required by applicable law. You agree to give us and Float notice of any change of your postal or email address. If you fail to update or change an incorrect email address or other contact information, you understand and agree that any Communication shall nevertheless be deemed to have been provided to you if it was made available to you in electronic form in the Platform App or you were provided email notification of its availability.
6. Hardware and Software Requirements. To access and retain electronic records of the Communications, you must use computer hardware and software that meets the following requirements: a Current Version (defined below) of an Internet browser we support; a connection to the Internet; a Current Version of a program that reads and displays PDF files (such as Adobe Acrobat Reader); and a computer or mobile device or other electronic device with an operating system capable of supporting all of the above. By “Current Version,” we mean a version of the software that we support and that is currently being supported by its publisher. To print or download electronic records of Communications, you must have a connected printer or sufficient space on a long-term storage device.

---

Written by