These payment terms describe your agreement for use of the payment features in your MyFisker App and use of your stored payment method (“Payment Method”) to pay for goods and services purchased from Fisker or third-party providers. By using the stored payment feature, you accept these Payment Terms and the Terms of Use, incorporated by reference herein, which apply and govern your use of stored payment methods to pay for goods and services associated with Fisker or use of your vehicle. Your use of your Payment Method is also governed by the terms of our third party payment processors, the issuer of your Payment Method and your financial institutions. Fisker may amend these Payment Terms from time to time and such amended Payment Terms shall be effective upon posting to this page.

1. In order to use certain services or pay for certain services through your MyFisker App (such as charging), or pay for recurring services and subscriptions, you authorize Fisker to verify, store, and recover funds from your Payment Method. You must keep at least one valid Payment Method in your Fisker account at all times.

2. When you register your Payment Method with Fisker, you agree to provide true and accurate information. To verify the information entered, Fisker may submit a low dollar authorization which will disappear from your Payment Method account without charge in a few days.

3. When you register your Payment Method, certain information, including device location, device identification number, and card information may be sent to Fisker and shared with Fisker payment processors. When the stored Payment Method is used to pay charges, the necessary information to process payment will be shared with Fisker’s global payment processors and banking partners to make the payment, comply with regulations, deter fraud and troubleshoot any payment issues. For information on how Fisker retains and uses your payment and other personal information, please see Fisker’s Privacy Policy.

4. For services or charges that require automatic or recurring payments (such as a subscription), you understand that your Payment Method will be billed automatically on a specified schedule unless you cancel the underlying service or subscription within forty-eight hours prior to the end of the paid term. Your recurring payments and billing authorization will continue indefinitely unless you terminate the underlying services or authorization to charge your Payment Method. Third parties that you authorized to use your account, or your vehicle may also use the services subject to these Payment Terms. You remain responsible for payment of the services used.

5. You agree that Fisker or its third-party providers may resubmit a transaction one or more times in the event the transaction was declined or returned. In the event that the attempt to recover payment from your Payment Method should fail, you agree that you will otherwise pay Fisker for the goods or services using an alternate payment method and that Fisker may contact you to arrange alternate payment. If payment is not received, Fisker may limit, hold or block your vehicle’s ability to use the related services until payment is resolved. Fisker may also suspend or terminate the services if you violate the Payment Terms, provide false information or we or our transaction partners determine you pose an unreasonable fraud risk or suspect unauthorized activity on your account.

6. Transactions are non-refundable and non-reversible. You may have refund or charge-back rights based on a third-party merchant’s policies or under your agreement with the issuer of your Payment Method, or applicable state or federal law. You should review your statements from the issuer of your Payment Method periodically to verify your transactions. You agree that any refund you are entitled must be made to the same Payment Method as the underlying transaction.

7. These Payment Terms are governed by the laws of the State of California unless your local jurisdiction requires otherwise. You agree to resolve any dispute regarding these Payment Terms or use thereof in accordance with the dispute resolution provisions set forth in the Terms of Use, including resolution by arbitration and agreement not to join any claim you may have with a claim of any other party, or otherwise participate as a class representative, class member or in a private attorney general capacity. If any term is considered unenforceable, illegal or invalid, then such term will be eliminated, and the remaining terms shall continue in full force and effect. We reserve the right to assign these Payment Terms to any third party without notice or consent and these Payment Terms shall be binding upon such assignee.