User FAQs > Getting Started > User Terms and Conditions: How user funds are distributed
User Terms and Conditions: How user funds are distributed
Rounda is a trading name of Community Sense Pty Ltd and is powered by PokitPal Pty Ltd. These Terms of Use ("Agreement") govern your access to and use of the Rounda website and mobile app. By using the website or app, you agree to be bound by this Agreement and the PokitPal Pty Ltd Privacy Policy. Please read these terms carefully and contact us if you have any questions.
If you do not agree to these terms, you should not access or use the website or app. Note that this Agreement does not guarantee that PokitPal Pty Ltd will provide services to you. Until your account is set up, any use of the publicly accessible parts of the website or app is still governed by this Agreement.
PokitPal Pty Ltd may amend this Agreement from time to time. Any amendments will take effect after being posted on the website or app, and continued use of the service indicates your acceptance of the updated terms.
General Advice Disclaimer
All information on the Rounda website or app is for general information purposes only and is not personal financial or investment advice. The information provided does not consider your personal financial situation or needs.
Modifications and Disruptions
PokitPal Pty Ltd reserves the right to modify, disable, or discontinue the website or app at any time, with or without prior notice. While we will endeavour to notify you where possible, there may be times when it is not feasible to do so. We do not guarantee uninterrupted or secure access to the website or app, and you may experience disruptions or difficulties while using the platform.
Account Security
You are responsible for maintaining the confidentiality of your username and password. If you suspect any unauthorised use of your account, you must notify us immediately. You are fully responsible for the security of your account credentials.
Intellectual Property
All content on the Rounda website or app, including text, graphics, trademarks, and databases, is owned by PokitPal Pty Ltd or its licensors. You are granted a limited, non-exclusive licence to access and use the content for personal purposes only. You must not distribute, reproduce, modify, or exploit any content for commercial purposes without prior written permission.
Privacy and Data Access
By using the website or app, you consent to providing accurate and complete information about yourself and your third-party accounts. You authorise PokitPal Pty Ltd and its service providers to access third-party websites and retrieve information on your behalf to facilitate services. We act as your agent in accessing this information solely for this purpose.
All personal information collected will be handled according to the PokitPal Pty Ltd Privacy Policy https://www.pokitpal.com/privacy-policy.
Links to Third-Party Sites
The Rounda website or app may include links to third-party websites. These links are provided for convenience only, and we do not endorse or control the content on third-party websites. You access these third-party sites at your own risk, and we are not liable for any loss or damage arising from your use of these sites.
Liability and Disclaimers
To the fullest extent permitted by law, PokitPal Pty Ltd excludes all representations, warranties, and guarantees related to the website or app. We do not guarantee that the platform will be free from viruses or other harmful components, and we are not liable for any loss or damage you may incur from using the website or app.
In some cases, legislation may provide guarantees that cannot be excluded. In such cases, PokitPal Pty Ltd limits its liability to the replacement or repair of goods, or re-supply of services.
You agree to indemnify PokitPal Pty Ltd and its employees against any loss or damage arising from your breach of this Agreement, misuse of the platform, or any fraudulent actions on your part.
Important Acknowledgements
By applying for a PokitPal Pty Ltd account, you consent to receiving all communications electronically, including important account updates. You also agree to link a funding account to make contributions and confirm that your funding account is not a credit card, overdraft, or borrowed money.
You agree that we may send you important information about your account, which you cannot opt-out of as long as your account is active.
Direct Debit Arrangements
By opening a PokitPal Pty Ltd account, you authorise us to debit your nominated account for any applicable fees or charges. If a scheduled debit falls on a non-business day, the payment will be processed on the next business day.
You may request changes to your debit arrangements by providing written notice. You can also cancel your direct debit authority at any time by notifying us or your financial institution, but you must set up alternative payment arrangements.
If we process a debit payment incorrectly, we will adjust your account as necessary and notify you of our actions. You may also query debits directly with your financial institution.
Revenue Share Distribution
Funds generated through supporter transactions are distributed as follows:
Applicable Fees
Rounda deducts a fee of $1 plus GST per active supporter each month to cover processing and bank charges before distributing funds to the client.
General
This Agreement is governed by the laws of New South Wales, Australia. Any disputes arising from this Agreement will be subject to the jurisdiction of the courts of New South Wales.
By using the Rounda website or app, you agree to the terms outlined in this Agreement.
If you do not agree to these terms, you should not access or use the website or app. Note that this Agreement does not guarantee that PokitPal Pty Ltd will provide services to you. Until your account is set up, any use of the publicly accessible parts of the website or app is still governed by this Agreement.
PokitPal Pty Ltd may amend this Agreement from time to time. Any amendments will take effect after being posted on the website or app, and continued use of the service indicates your acceptance of the updated terms.
General Advice Disclaimer
All information on the Rounda website or app is for general information purposes only and is not personal financial or investment advice. The information provided does not consider your personal financial situation or needs.
Modifications and Disruptions
PokitPal Pty Ltd reserves the right to modify, disable, or discontinue the website or app at any time, with or without prior notice. While we will endeavour to notify you where possible, there may be times when it is not feasible to do so. We do not guarantee uninterrupted or secure access to the website or app, and you may experience disruptions or difficulties while using the platform.
Account Security
You are responsible for maintaining the confidentiality of your username and password. If you suspect any unauthorised use of your account, you must notify us immediately. You are fully responsible for the security of your account credentials.
Intellectual Property
All content on the Rounda website or app, including text, graphics, trademarks, and databases, is owned by PokitPal Pty Ltd or its licensors. You are granted a limited, non-exclusive licence to access and use the content for personal purposes only. You must not distribute, reproduce, modify, or exploit any content for commercial purposes without prior written permission.
Privacy and Data Access
By using the website or app, you consent to providing accurate and complete information about yourself and your third-party accounts. You authorise PokitPal Pty Ltd and its service providers to access third-party websites and retrieve information on your behalf to facilitate services. We act as your agent in accessing this information solely for this purpose.
All personal information collected will be handled according to the PokitPal Pty Ltd Privacy Policy https://www.pokitpal.com/privacy-policy.
Links to Third-Party Sites
The Rounda website or app may include links to third-party websites. These links are provided for convenience only, and we do not endorse or control the content on third-party websites. You access these third-party sites at your own risk, and we are not liable for any loss or damage arising from your use of these sites.
Liability and Disclaimers
To the fullest extent permitted by law, PokitPal Pty Ltd excludes all representations, warranties, and guarantees related to the website or app. We do not guarantee that the platform will be free from viruses or other harmful components, and we are not liable for any loss or damage you may incur from using the website or app.
In some cases, legislation may provide guarantees that cannot be excluded. In such cases, PokitPal Pty Ltd limits its liability to the replacement or repair of goods, or re-supply of services.
You agree to indemnify PokitPal Pty Ltd and its employees against any loss or damage arising from your breach of this Agreement, misuse of the platform, or any fraudulent actions on your part.
Important Acknowledgements
By applying for a PokitPal Pty Ltd account, you consent to receiving all communications electronically, including important account updates. You also agree to link a funding account to make contributions and confirm that your funding account is not a credit card, overdraft, or borrowed money.
You agree that we may send you important information about your account, which you cannot opt-out of as long as your account is active.
Direct Debit Arrangements
By opening a PokitPal Pty Ltd account, you authorise us to debit your nominated account for any applicable fees or charges. If a scheduled debit falls on a non-business day, the payment will be processed on the next business day.
You may request changes to your debit arrangements by providing written notice. You can also cancel your direct debit authority at any time by notifying us or your financial institution, but you must set up alternative payment arrangements.
If we process a debit payment incorrectly, we will adjust your account as necessary and notify you of our actions. You may also query debits directly with your financial institution.
Revenue Share Distribution
Funds generated through supporter transactions are distributed as follows:
- If a savings account is linked by the supporter:
- Organisation: 30%
- Nominated Savings Account: 50%
- Rounda: 20%
- If no savings account is linked by the supporter:
- Organisation: 80%
- Rounda: 20%
- If joining through an association:
- Rounda: 20%
- Association: 24%
- Organisation: 56%
Applicable Fees
Rounda deducts a fee of $1 plus GST per active supporter each month to cover processing and bank charges before distributing funds to the client.
General
This Agreement is governed by the laws of New South Wales, Australia. Any disputes arising from this Agreement will be subject to the jurisdiction of the courts of New South Wales.
By using the Rounda website or app, you agree to the terms outlined in this Agreement.
