Application Terms

By signing below, you (the "Customer" or "Company")‍acknowledge and certify that:‍(i) all of the information below is complete and accurate and you authorize KAPED, Inc. ("KAPED" or "we") to check with credit reporting agencies, credit references, and other sources we deem appropriate in investigating the information given;‍(ii) you agree that the terms of use of the account and/or card(s) will be governed by the KAPED One Terms and Conditions (the "Terms") attached hereto and incorporated by reference (the "Terms" and "Application" collectively, the "Agreement");‍(iii) the person signing below is either a proprietor, general partner, or officer of the Company with authority to enter into the Agreement;‍(iv) you will provide financial statements for the last two (2) years if requested; and‍(v) KAPED may review the personal credit of the undersigned if this Application is for a partnership or a proprietorship to make a credit decision and a consumer report of the undersigned may be obtained. Direct inquiries of employers and businesses where the undersigned maintains accounts may also be made; and in the event you do not meet your obligations under the Agreement, KAPED may report your liability for and the status of the account to credit bureaus and others who may lawfully receive such information. Company understands that KAPED may require a guarantee, letter of credit, surety bond, or other acceptable form of security in order for Company to receive credit. Company also understands that credit on this account, once approved, will be extended by KAPED and there is no binding contract until KAPED approves Company's Application for credit and the Agreement is executed.

Terms (Cont.)

Subject to the terms of the Agreement, and acceptance by KAPED of your Application, KAPED will arrange for establishment of an account using a virtual card web-based solution that Subject allows Company to request single use card numbers. (all subject to availability and underwriting and final approval by KAPED.

Payment: Company will remit all funds (in full) due to KAPED by Debit ACH. "Debit ACH" means a debit initiated by KAPED or Trak Technologies against an account designated by Company.

Issuer Statement

ISSUER COMPLIES WITH FEDERAL LAW

‍Important Information About Procedures for Opening a New Account
‍To help the government fight the funding of terrorism and money laundering  activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. What this means for you: When you open an account, we will ask for your name,  address, date of birth, and other information that will allow us to identify you. We  may also ask to see your driver's license or other identifying documents.

Note: For purposes of this application, a non-public entity is one that does not have its stock listed on the New York, American, or NASDAQ stock exchanges.
The Customer must include ownership information for at least 75% of all ownership interests and any individual or legal person with 25% or more ownership interest. KAPED may also ask to see a copy of a driver's license or other identifying document for each beneficial owner, or the control person listed on this form. If owner is a business entity, do not complete Driver's License Number, Date of Issuance, or Date of Birth. If a listed owner is an entity, KAPED may need to obtain additional information to identify the ultimate, individual beneficial owners.

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Rates, Fees, & Rewards

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Please Note: The annual fee will be assessed before you start using your card which will reduce your initial available credit (For example: If you're issued the lowest credit limit which is $1,000, your initial available credit will be only $550). Please read our Pricing Schedule before submitting an application.

The minimum-security deposit required to open this account is $1,000.00

To prevent fraud, you will be assessed a $4.95 application fee payable by credit/debit card, the cardholder name and zip code MUST MATCH in your application in order for your application to process successfully.