Parental/Guardian Consent for Minor Payee Account
I, as the parent/legal guardian of the minor identified below, hereby provide my informed consent for the Minor to receive payments through MassPay's services as an authorized payee under MassPay's Authorized Minor Payee Program.
I ACKNOWLEDGE AND AGREE TO THE FOLLOWING:
- Legal Responsibility: I am the legal parent/guardian of the Minor and have full legal authority to provide this consent on the Minor's behalf.
- Financial Responsibility: I accept full financial responsibility for all transactions, fees, and liabilities associated with payments made to the Minor through MassPay's services.
- Supervision and Monitoring: I will actively supervise and monitor all account activity and payments received by the Minor. I understand that I am responsible for ensuring appropriate use of any funds received.
- Compliance with Terms: I have read, understood, and agree to be bound by MassPay's Terms of Service on behalf of the Minor. I will ensure the Minor's compliance with all applicable terms and conditions.
- Legal Compliance: I understand that this arrangement must comply with all applicable federal, state, and local laws, including but not limited to child labor laws, tax reporting requirements, and financial regulations.
- Account Access: I acknowledge that I may be required to maintain access to account information and transaction records for oversight purposes.
- Liability: I understand that MassPay is not responsible for supervising the Minor's use of received funds or ensuring compliance with any applicable laws beyond payment processing.
- Termination: I understand that MassPay may terminate this authorization at any time in its sole discretion, and I may revoke this consent with written notice, subject to completion of pending transactions.
- Privacy: I consent to MassPay collecting, using, and sharing the Minor's information as necessary to provide services and comply with legal requirements, in accordance with MassPay's Privacy Policy.