You can edit the text that follows the checkbox for accepting the terms/conditions and privacy policy. You can use this if you need to highlight parts of your privacy policy or want to set expectations on future communications under legitimate interest.
You can change the text from your dashboard --> account --> legal
The text you add in this field will then be shown with the checkbox for collecting contact permissions.
The statement can be changed depending on if it is used with fundraiser/team creation or when making a donation.
The statement can be used for informing the user about things like what their personal data will be used for, which is especially useful if you rely on legitimate interest rather than contact permission for further contact.
You can't change the first sentence. The first sentence will always have the link to the terms and conditions of the site, and a link to your privacy policy (if you have added a link in your dashboard; see here how to do this).
You can have the text in the terms/conditions and privacy policy acceptance checkbox translated. As in all parts of the BetterNow dashboard, you will edit the translation for the language you have set in the top menu bar. So if you have your locale set to 'EN' then you are editing then English version. To switch to another locale simply change the language in the top menu bar.
Note the following:
These settings are set to the same across all projects and all fundraisers. You can't change it for specific projects or fundraisers.