Terms of Service

Last updated: October 13, 2026

Agreement to Terms

By accessing or using Parked Funds ("the Service"), you agree to be bound by these Terms of Service and all applicable laws and regulations.

Use License

Permission is granted to temporarily use the Service for your rental or hire business operations. This is the grant of a license, not a transfer of title, and under this license you may not:

  • Modify or copy the Service
  • Use the Service for any commercial purpose other than as intended
  • Attempt to reverse engineer or extract source code
  • Remove any copyright or proprietary notations

Service Description

Parked Funds is a payments orchestration layer for rental and hire businesses. We facilitate bond holds, payment authorizations, and post-hire charges through Stripe. We are not a payment processor—all payments are processed directly by Stripe.

User Responsibilities

You are responsible for:

  • Maintaining the security of your account credentials
  • Ensuring compliance with applicable laws and regulations
  • Accurate representation of your business and transactions
  • Obtaining necessary permissions from customers for payment processing

Payment Processing

All payments are processed through Stripe. Parked Funds acts as a facilitator and does not hold funds or process payments directly. You must comply with Stripe's terms of service and applicable payment card industry standards.

Limitation of Liability

Parked Funds shall not be liable for any indirect, incidental, special, consequential, or punitive damages resulting from your use or inability to use the Service.

Termination

We may terminate or suspend your access to the Service immediately, without prior notice, for conduct that we believe violates these Terms of Service or is harmful to other users, us, or third parties.

Changes to Terms

We reserve the right to modify these terms at any time. We will notify users of any material changes by email or through the Service.

Governing Law

These Terms shall be governed by and construed in accordance with the laws of New Zealand, without regard to its conflict of law provisions.

Contact Us

If you have questions about these Terms of Service, please contact us at [email protected].