Payment Policy
Contents
Method of Payment
Mylo Cards accepts payments exclusively via Pre-Authorized Debit (PAD). During enrollment, you’ll:
Provide valid banking information
May need to verify account ownership (via micro-deposits or instant validation)
Authorize recurring weekly withdrawals
User Personalities
– You must maintain sufficient funds and accurate account details.
– We are not liable for any bank fees you incur (including NSF fees charged by your bank).
– You may update payment method at any time by contacting our customer support.
Fee Schedule
– NSF / Returned payments: $30 fee per occurrence
– Invalid Disputes / Chargebacks: $50 investigation fee
Cancellation:
You can revoke authorization at any time by emailing admin@mylocards.ca (30 day notice required).
