Common use of ACCOUNT UPDATER Clause in Contracts

ACCOUNT UPDATER. 23.1. Account Updater is a service offered by SHIFT4 as part of our gateway services that allows a merchant to automatically update any credit card Account they have on file for a customer in association with a recurring payment system being utilized. Account refers to the Primary Account Number associated with a consumer credit card inclusive of the expiry information. Merchant must register said credit card Account(s) in a Token Store for which the service is enabled. For each Account in the Token Store(s), there shall be a twenty-cents ($0.20) per Account update fee billed monthly based on information supplied by the card brands and associated Issuing banks during that period. There is no setup fee for this service.

ACCOUNT UPDATER. 23.1. Account Updater is a service offered by SHIFT4 as part of our gateway services that allows a merchant to automatically update any credit card Account they have on file for a customer in association with a recurring payment system being utilized. Account refers to the Primary Account Number associated with a consumer credit card inclusive of the expiry information. Merchant must register said credit card Account(s) in a Token Store for which the service is enabled. For each Account in the Token Store(s), there shall be a twenty-cents ($0.20seven cents($0.27) per Account update fee billed monthly based on information supplied by the card brands and associated Issuing banks during that period. There is no setup fee for this service.

ACCOUNT UPDATER. 23.1. Account Updater is a service offered by SHIFT4 as part of our gateway services that allows a merchant to automatically update up- date any credit card Account they have on file for a customer in association with a recurring payment system being utilized. Account refers to the Primary Account Number associated with a consumer credit card inclusive of the expiry information. Merchant must register said credit card Account(s) in a Token Store for which the service is enabled. For each Account in the Token Store(s), there shall be a twenty-cents ($0.20) per Account update fee billed monthly based on information supplied by the card brands and associated Issuing banks during that period. There is no setup fee for this service.