General Terms
1. General Terms - Overview and Authorisations
(a) If you have opted in to receive Mint EFT services, as confirmed in the Mint Commercial Proposal, then such services are governed by this Schedule 2.
(b) In the event of any inconsistency between the terms of this Schedule 2 and the Mint Global Terms and Conditions, the provisions of this Schedule 2 relating to Mint EFT prevail, without affecting the validity of the remaining terms of the Agreement.
(c) Mint EFT is a fast, secure bank transfer solution that allows you to authorise payment to an Authorised Supplier via the Mint platform.
(d) Mint EFT may be used to facilitate payments to wholesalers, tour operators, or other approved counterparties, as notified to Mint.
2. Risk, Liability, and Indemnity
(a) Liability: You authorise Authorised Suppliers to initiate Mint EFT payments at your own risk. To the maximum extent permitted by law, and except in cases of Mint’s fraud or willful misconduct, Mint is not liable for any loss or damage arising from Supplier Payments initiated by an Authorised Supplier.
(b) Indemnity: You agree to indemnify and hold Mint harmless against any Claim (including those made by an Authorised Supplier) arising from or in connection with your use of Mint EFT or your authorisation of any Supplier to initiate payments on your behalf.
3. Termination
(a) Mint may terminate Mint EFT functionality: (i) immediately, if you suffer an Insolvency Event; (ii) immediately for a non-remediable breach of this clause; or (iii) with ten (10) Business Days’ notice for a remediable breach that is not rectified within that period.
(b) You may terminate Mint EFT functionality with thirty (30) Business Days’ written notice to Mint.
(c) Following termination, by either party, you must not authorise any further Mint EFT payments via an Authorised Supplier Platform.
Supplier Initiated Payments
1. Overview, Application and Access
(a) Mint EFT Supplier Initiated Payments enable you to authorise certain third-party suppliers (each, an Authorised Supplier) to initiate Mint EFT payments on your behalf via their platform.
(b) To enable Supplier Payments, you must complete a Mint EFT Customer–Supplier integration application form, or otherwise provide Mint with written authority identifying the relevant Authorised Supplier(s).
(c) Mint reserves the right to approve or reject any Authorised Supplier at its discretion, acting reasonably, including by reference to credit, compliance, or fraud risk assessments.
2. Authorising Supplier-Initiated Payments
(a) By completing a Mint EFT Customer–Supplier integration application or otherwise authorising an Authorised Supplier to initiate a payment via Mint EFT, you irrevocably instruct Mint to facilitate the processing of the relevant payment (Supplier Payment) to that Authorised Supplier.
(b) Once initiated, a Supplier Payment cannot be cancelled. No further confirmation or authorisation from you is required for that transaction.
(c) You may withdraw authorisation for an Authorised Supplier by providing at least five (5) Business Days’ written notice to Mint. You remain liable for all Supplier Payments initiated by the Authorised Supplier prior to the expiry of that notice period. You must not authorise further payments to a de-authorised supplier via its platform following notice.
3. Supplier Payments
(a) You acknowledge that Authorised Suppliers may initiate payments directly via their integration with Mint EFT without further action from you.
(b) Supplier Payments may include settlement of invoices, booking fees, deposits, commissions, or other agreed amounts as determined by your arrangements with the Authorised Supplier.
(c) Once a Supplier Payment instruction is transmitted via Mint EFT, it is irrevocable. Mint has no obligation to verify the underlying commercial arrangement between you and the Authorised Supplier.
4. Your Responsibilities
(a) You are solely responsible for ensuring the accuracy of Authorised Supplier details and payment amounts.
(b) You must ensure that your account is sufficiently funded to meet all Supplier Payments. If payments are dishonoured, rejected, or otherwise fail, you remain liable to Mint for all associated costs.
(c) You remain responsible for your contractual relationship with the Authorised Supplier, including disputes over invoicing, delivery of services, refunds, or credits.
5. Suspension and Controls
(a) Mint may suspend or revoke an Authorised Supplier’s integration if:
(i) fraudulent, suspicious, or unauthorised activity is identified;
(ii) an Authorised Supplier becomes insolvent or is added to Mint’s internal exclusion list; or
(iii) required by a Payment Service Provider or regulatory authority.
(b) Mint may impose additional security, reconciliation, or reporting requirements on you or the Authorised Supplier as a condition of continued integration.
6. Liability and indemnity (Supplemental)
(a) To the maximum extent permitted by law, Mint is not liable for:
(i) any dispute between you and an Authorised Supplier;
(ii) over- or under-payment resulting from incorrect or fraudulent instructions; or
(iii) any consequential, indirect, or special losses arising from Supplier Payments.
(b) You indemnify Mint against any losses, costs, or claims Mint incurs in connection with the Supplier Integration, except to the extent such losses are caused by Mint’s fraud or wilful misconduct.