Giftstart Cash Fund Terms & Fees
Cash Fund Terms & Conditions
By creating and using Cash Funds on Giftstart, you agree to the following terms and conditions:
1. Fee Structure:
- Giftstart Processing Fee: Giftstart charges a processing fee of 0.99% on contributions made to Cash Funds.
- Square Processing Fee: Square, our payment processing partner, charges a fee of 2.9% plus 30 cents for each contribution.
- Interac eTransfer Fee: A fee of $1.50 will be applied for each Interac eTransfer.
2. Cash Fund Creation:
- You may create one or more Cash Funds as part of your baby registry.
- You can specify the contribution amount or choose to allow unlimited contributions.
- Set a due date or end date for each Cash Fund to determine when contributions are collected.
3. Contribution Handling:
- Giftstart will transfer all contributions from your Cash Fund via Interac eTransfer within 5-15 business days after the due date or end date.
4. Customization and Editing:
- You can customize your Cash Fund by setting the contribution amount and other details.
- You have the flexibility to edit or close a Cash Fund at any time before the due date or end date.
5. Contribution Goals:
- If the set contribution goal is not reached by the due date, the funds contributed will still be transferred as scheduled.
6. Payment Security:
- Giftstart uses Square for payment processing, ensuring the highest level of security and convenience for both contributors and recipients.
7. Use of Funds:
- Funds received through Cash Funds can be used at your discretion, even if the contribution goal is not met.
8. Responsibility:
- Giftstart is not responsible for the fulfillment of items or services associated with your baby registry or Cash Funds.
9. Agreement Acceptance:
- By creating a Cash Fund on Giftstart, you acknowledge and accept these terms and conditions.
10. Contact Us:
- If you have any questions or need assistance, please contact our customer support team at Info@giftstart.ca for further information and support.
These terms and conditions govern the use of Cash Funds on Giftstart. We encourage you to read them carefully and reach out to us if you have any inquiries or require clarification.