Yes, you will need to make some adjustments to your Terms and Conditions when integrating Mondu’s payment solutions. These adjustments ensure proper disclosure to your customers about the payment process and the involvement of a third-party payment provider.
Key adjustments typically include:
- Adding information about Mondu as an available payment option
- Explaining the payment process when customers choose Mondu
- Clarifying that receivables will be assigned to Mondu when customers select this payment method
- Outlining the data sharing that occurs between your business and Mondu
Mondu’s integration team will provide guidance on the specific language needed for your T&C updates, ensuring compliance with relevant regulations while maintaining your brand voice and style.