Common use of Billing agreement payments Clause in Contracts

Billing agreement payments. You can use a billing agreement to manage payments to the same recipient(s) on an ongoing automatic basis. When you enter into a billing agreement: • You authorize the named recipient(s) to collect payments from your account as the recipient determines (this could be for payments of amounts you owe the recipient for a purchase of goods or services under a separate contract that you have with the recipient). • You instruct PayPal to pay the named recipient(s) (or other recipient(s) that the named recipient(s) direct(s)) when the named recipient(s) request(s) PayPal to make your payment. This makes the recipient a “trusted beneficiary” (the legal term for someone you tell us is a trusted recipient) of all your payments made under that billing agreement, so we will not normally ask you to authenticate (e.g. log in) or approve these payments when they are made. Payments made under the billing agreement may be in variable amounts and may be made on various dates. We are only a payment service provider so we can’t (and please don’t expect us to) know what you have or haven’t agreed with the recipient or to know why the recipient decided to collect your payment. We are not obliged to verify or confirm the amount the recipient presents to us for the purpose of processing payments made under the billing agreement.

Appears in 2 contracts

Samples: www.paypalobjects.com, www.paypalobjects.com

AutoNDA by SimpleDocs

Billing agreement payments. You can use a billing agreement to manage payments to the same recipient(s) on an ongoing automatic basis. When you enter into a billing agreement: • You you authorize the named recipient(s) to collect payments from your account as the recipient determines (this could be for payments of amounts you owe the recipient for a purchase of goods or services under a separate contract that you have with the recipient). ; and You you instruct PayPal to pay the named recipient(s) (or other recipient(s) that the named recipient(s) direct(s)) when the named recipient(s) request(s) PayPal to make your payment. This makes the recipient a “trusted beneficiary” (the legal term for someone you tell us is a trusted recipient) of all your payments made under that billing agreement, so we will not normally ask you to authenticate (e.g. log in) or approve these payments when they are made. Payments made under the billing agreement may be in variable amounts and may be made on various dates. We are only a payment service provider so we can’t (and please don’t expect us to) know what you have or haven’t agreed with the recipient or to know why the recipient decided to collect your payment. We are not obliged to verify or confirm the amount the recipient presents to us for the purpose of processing payments made under the billing agreement.

Appears in 1 contract

Samples: www.paypalobjects.com

AutoNDA by SimpleDocs

Billing agreement payments. You can use a billing agreement to manage payments to the same recipient(s) on an ongoing automatic basis. When you enter into a billing agreement: • You authorize the named recipient(s) to collect payments from your account as the recipient determines (this could be for payments of amounts you owe the recipient for a purchase of goods or services under a separate contract that you have with the recipient). • You instruct PayPal to pay the named recipient(s) (or other recipient(s) that the named recipient(s) direct(s)) when the named recipient(s) request(s) PayPal to make your payment. This makes the recipient a “trusted beneficiary” (the legal term for someone you tell us is a trusted recipient) of all your payments made under to that billing agreementrecipient, so we will not normally ask you to authenticate login (e.g. log inwith password, PIN or similar) or to approve these subsequent payments when they are made. Payments made under the billing agreement may be in variable amounts and may be made on various dates. We are only a payment service provider so we can’t (and please don’t expect us to) know what you have or haven’t agreed with the recipient or to know why the recipient decided to collect your payment. We are not obliged to verify or confirm the amount the recipient presents to us for the purpose of processing payments made under the billing agreement.

Appears in 1 contract

Samples: User Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.