Common use of ACH Transactions Clause in Contracts

ACH Transactions. You may request Processor to convert your Internet Transactions into a format that can be processed by an automated clearing house (“ACH Transactions”). If Processor agrees, in writing, to provide that service, Processor and Bank will forward such transactions to the relevant automated clearing house (“ACH”) for processing. You will follow the procedures established by Processor and the ACH for ACH Transactions, which procedures are incorporated into this Agreement as if fully set forth herein. You authorize Processor and Bank to initiate ACH debits, credits, and adjustments to the Merchant Account. Confirmation from Processor of a credit or debit ACH Transaction does not constitute a representation, warranty or guaranty that You will be paid for the transaction. All terms of this Agreement shall apply to ACH Transactions.

ACH Transactions. You may request Processor to convert your you Internet Transactions into a format that can be processed by an automated clearing house (“ACH Transactions”). If Processor agrees, in writing, to provide that service, Processor and Bank will forward such transactions to the relevant automated clearing house (“ACH”) for processing. You will follow the procedures established by Processor and the ACH for ACH Transactions, which procedures are incorporated into this Agreement as if fully set forth herein. You authorize Processor and Bank to initiate ACH debits, credits, and adjustments to the Merchant Account. Confirmation from Processor of a credit or debit ACH Transaction does not constitute a representation, warranty or guaranty that You will be paid for the transaction. All terms of this Agreement shall apply to ACH Transactions.