In order to establish the account the user must initiate a credit/debit card transaction to fund their wallet. The system utilizes an electronic “e-wallet” which the funds are deducted with each respective transaction that the user selects. The funds are automatically replenished as the account is depleted.
These terms and conditions constitute your mPay2Park Account Agreement (“Agreement”). mPay2Park is a mobile payment system that allows you to pre pay parking charges incurred in participating municipalities and/or at participating parking facilities. Please read these terms and conditions and keep them for your records. When you open your mPay2Park Account (“Account”), you agree as follows:
Your Account: In order to activate and maintain your Account, a pre-paid balance must be established. The pre-paid balance must be established to cover applicable fees associated with your parking usage, and related transaction charges to your Account. Each time you use the mPay2Park system, applicable fees and charges will be automatically deducted from your Account.
Maintenance of Prepaid Balance: You must maintain a prepaid balance amount with mPay2Park to cover applicable charges to your Account. Each time you use your mPay2Park mobile processing system, applicable charges will be deducted from your Account balance. We will also deduct applicable transaction fees.
No Interest on Account Balance: No interest will be paid on balances in your Account or on any other deposits.
Replenishment: Periodically your parking usage will be reviewed. If your monthly activity is above or below the minimum monthly required balance, your minimum monthly debit/credit card will be adjusted accordingly and you will be notified through your on-line Account. Access to your Account can be obtained on-line at www.mPay2Park.com.
Methods of Payment: Account replenishment must occur when your prepaid balance falls to or below the threshold amount specific to your usage. The minimum balance required is $25.00. Your specific usage will be periodically reviewed and based on parking activity; your minimum balance may need to be increased. You will be notified through your on line Account.
Transaction Fees: Your Account will be charged a small transaction fee for each parking activity or parking session. The transaction fee can vary based on the parking zone location, and ranges from $0.25 to approximately $1.00. In some instances there may be no fee assessed. Parking rates for the applicable municipality or facility are the same regardless of whether or not you use mPay2Park. Your Account is updated in real time and, as such, you can go online and view charges at your convenience. A detailed fee structure can also be found on our web-site at www.mPay2Park.com.
Credit/Debit Card Automatic Replenishment: By selecting “OK” you authorize mPay2Park to automatically charge your credit/debit card for your replenishment amount. This will be done through a third party payment system as noted.
Disclaimer: To the extent permitted by law, we expressly disclaim any representation or warranty, expressed or implied, relating to the mPay2Park mobile payment system, including without limitation, any expressed or implied warranty or merchantability, fitness for a particular purpose or conformity to models or examples. Nor are we liable for any third party acts taken by reason of your use of the mPay2Park mobile payment processing system. In no event shall mPay2Park and/or Mobile Payment Processing Systems, Inc. be liable for lost profits and/or any other type of incidental or consequential damages. You agree to indemnify mPay2Park and Mobile Payment Processing Systems, Inc. and hold us harmless from and against any and all damage, loss, expense, or liability arising from, or as a result of, the use or performance of the mPay2Park System.
Disputes: You hereby authorize mPay2Park to decide in the first instance every question in dispute arising from, under, in connection with or related to this Agreement, including, without limitation, the imposition and calculation of all charges and fees incurred, applied or stated for your Account. All disputes must be submitted in writing to mPay2Park at 8 Capital Drive Wallingford, CT 06492, within 60 days of notice that a charge or fee has been made to your Account. You agree that the posting of charges and fees to your on line Account constitutes notice to you of all charges and fees shown therein.
Termination: You may terminate this Agreement at any time by requesting such termination in writing. A termination processing fee of $2.50 will be charged against your account. Following termination, once all other outstanding charges and fees have been deducted from your Account, any remaining balance will be refunded to you.
Collection of Expenses: You agree to pay all costs, including attorneys’ fees, incurred by mPay2Park and all entities providing mPay2Park services to collect any monies due under the terms of this Agreement.
Modifications: mPay2Park may change the terms of this Agreement at any time by advance written notice. Such modified terms shall take effect on the date specified therein.
Changes: You agree to inform mPay2Park of any changes to the information provided by you in setting up your Account, such as address, vehicle identification and debit/credit card information.
Governing Law: this Agreement shall be governed by and construe in accordance with the laws of the State of Connecticut.
Thank you for selecting m Pay2Park, part of the Mobile Processing Payment Network.
Mobile Payment Processing Systems, Inc., 2014