Common use of Account Performance Clause in Contracts

Account Performance. a. You agree to designate Programme Administrator(s) to actively manage vPayment Accounts on your behalf. The Programme Administrator(s)’ responsibilities shall include: i) using the Online Service to maintain the Account and access reports; ii) promoting awareness and use of an Online Service; iii) initiate new implementation requests for additional Card Pools to be established; and iv) add, modify and/or delete a pre-authorisation record. b. We recommend that You regularly audit your expense management programme to ensure compliance with your policies and procedures. We will not be responsible for any fraud or misfeasance engaged in by Account Users.