Terms

General terms

• Weel T&C, including the Letter of Authority and Invitation T&C (updated 21 December 2023) (1)
• Weel Privacy Policy (updated 21 December 2023) (2) 
• Direct Debit Request Service Agreement (external link)

Financial product terms

We’re excited to soon begin offering Visa Business Debit cards in place of Mastercard Prepaid cards. The new cards will provide multiple benefits for your business, including a low FX rate and wider merchant acceptance, in addition to the spend management functionality that you enjoy today. 

Customers that commenced signup after midday on 9 January 2024: 

• Your underlying financial products will be issued by Nium Pty Limited (ABN 45 601 384 025, AFSL 464627).

Customers that commenced signup prior to midday on 9 January 2024: 

• You will be notified of the migration date for your account. The migration will result in a change in issuer of your underlying financial products. 
• Prior to the migration of your account, the underlying financial products will continue to be issued by EML Payment Solutions Limited (ABN 30 131 436 532, AFSL 404131).
• Following the migration of your account, your underlying financial products will be issued by Nium Pty Limited (ABN 45 601 384 025, AFSL 464627).
• Your application for the underlying financial products from Nium will occur automatically when your first authorised user logs in to your Weel account after the migration.

Nium terms

You can access a copy of the relevant legal documents at the following links: 

• Nium T&C (updated 21 December 2023)
• Nium Privacy Policy (external link)
• Product Disclosure Statement (updated 21 December 2023)
• Financial Services Guide (updated 21 December 2023)
• Target Market Determination (updated 21 December 2023)

EML terms

You can access a copy of the relevant legal documents at the following links: 

• EML Privacy Policy (external link)
• Product Disclosure Statement (updated 10 November 2022)
• Financial Services Guide (updated 10 November 2022)
• Target Market Determination (updated 10 November 2022)

Questions

If you have any questions, simply send us an email at help@letsweel.com

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Note (1) Prior version available here.

Note (2) Prior version available here.