🏦 WagePress ACH, Payroll Funding, and Direct Deposit Authorization

MMALI Financial Services LLC d/b/a WagePress

Effective Date: 01/01/2026   •   Last Updated: 07/08/2026

11011 Richmond Ave, Suite 711, Houston, TX 77042

This ACH, Payroll Funding, and Direct Deposit Authorization applies when Customer uses MMALI Financial Services LLC d/b/a WagePress to initiate, facilitate, or support ACH debits, ACH credits, payroll funding, direct deposits, contractor payments, tax payments, fee payments, reversals, returns, or related money movement through Moov, banking partners, payment processors, or financial institutions.

1. Authorization to Debit and Credit

Customer authorizes WagePress and its payment service providers, including Moov and applicable financial institution partners, to initiate ACH debit entries, ACH credit entries, reversals, corrections, returns, offsets, microdeposits, account verification transactions, fee debits, tax payment debits, payroll funding debits, employee payment credits, contractor payment credits, and related transactions to and from bank accounts designated by Customer.

2. Authorized Purposes

• Funding payroll, direct deposits, contractor payments, reimbursements, and related disbursements.
• Debiting taxes, fees, subscription charges, implementation fees, processing fees, return fees, chargebacks, reversals, adjustments, and amounts owed.
• Verifying bank account ownership, account status, account routing, and eligibility.
• Processing corrections, returns, rejected transactions, reversals, and reinitiated entries where permitted.

3. Customer Representations

• Customer is the owner or authorized signer for each bank account provided.
• Customer has authority to authorize ACH transactions and money movement on behalf of the business.
• Customer will maintain sufficient funds and accurate account information.
• Customer will obtain and retain all employee, contractor, payee, and recipient authorizations required for direct deposit or electronic payment.
• Customer will comply with applicable ACH rules, bank requirements, Moov terms, payment-network rules, and laws.

4. Timing and Returns

ACH transactions are subject to banking hours, cutoffs, risk review, verification, returns, reversals, holds, network rules, and third-party availability. WagePress does not guarantee transaction timing, settlement, or availability of funds. Returned or rejected transactions may result in fees, delays, suspension, correction payrolls, tax penalties, or collection activity.

5. Third-Party Payment Services

WagePress is not a bank and does not provide banking services. Payment, wallet, money movement, account verification, ACH, and related services may be provided by Moov, financial institution partners, banks, and other third parties. Customer's use of payment-related services may be subject to third-party terms, onboarding, underwriting, transaction limits, risk reviews, reserves, holds, and termination rights.

6. Revocation

Customer may revoke this authorization by disabling payment services or giving written notice in the manner required by WagePress. Revocation is effective only after WagePress has a reasonable opportunity to act and does not affect transactions already initiated, amounts already owed, corrections, returns, chargebacks, reversals, or legal obligations.

7. Records

Customer must retain authorizations and supporting records for bank accounts, employees, contractors, payees, and recipients and must provide them to WagePress, Moov, banks, regulators, or payment networks upon request.