Common use of Chargeback Monitoring Programs Clause in Contracts

Chargeback Monitoring Programs. A. If you exceed a 1% chargeback to interchange ratio for all incoming chargebacks for a particular location you are considered an excessive chargeback merchant and may be subject to a Card Organization's monitoring programs. You are responsible for monitoring your monthly chargeback percentage and developing chargeback reduction plans as required by the Card Organizations. Excessive chargeback activity for an unreasonable period of time may result in termination of this Agreement. You must pay Member Bank or Processor for any fine or charge levied by the Associations on Member Bank, Processor or Merchant as a result of your chargeback activity. This section may be amended from time to time as a result of action by the Associations.

Chargeback Monitoring Programs. A. If you exceed Merchant exceeds a 1% chargeback to interchange ratio for all incoming chargebacks for a particular location you are Merchant is considered an excessive chargeback merchant and may be subject to a Card Organization's monitoring programs. You are Merchant is responsible for monitoring your its monthly chargeback percentage and developing chargeback reduction plans as required by the Card Organizations. Excessive chargeback activity for an unreasonable period of time may result in termination of this Agreement. You Merchant must pay Member Bank or Processor for any fine or charge levied by the Associations on Member Bank, Processor or Merchant as a result of your the chargeback activity. This section may be amended from time to time as a result of action by the Associations.

Chargeback Monitoring Programs. A. If you exceed a 1% chargeback to interchange ratio for all incoming chargebacks for a particular location you are considered an excessive chargeback merchant and may be subject to a Card Organization's monitoring programs. You are responsible for monitoring your monthly chargeback percentage and developing chargeback reduction plans as required by the Card Organizations. Excessive chargeback activity for an unreasonable period of time may result in termination of this Agreement. You must pay Member Bank or Processor NPC for any fine or charge levied by the Associations on Member Bank, Processor NPC or Merchant as a result of your chargeback activity. This section may be amended from time to time as a result of action by the Associations.

Chargeback Monitoring Programs. A. If you exceed a 10.5% chargeback to interchange ratio for all incoming chargebacks for a particular location you are considered an excessive chargeback merchant and may be subject to a Card OrganizationVisa and MasterCard's monitoring programs. You are responsible for monitoring your monthly chargeback percentage and developing chargeback reduction plans as required by the Card OrganizationsVisa and MasterCard. Excessive chargeback activity for an unreasonable period of time may result in termination of this Agreement. You must pay Member Bank or Processor NPC for any fine or charge levied by the Associations Card Organizations on Member Bank, Processor NPC or Merchant as a result of your chargeback activity. This section may be amended from time to time as a result of action by the AssociationsCard Organizations.