Common use of Chargebacks and dishonored payments Clause in Contracts

Chargebacks and dishonored payments. If the customer service center receives excessive notifications of a credit card dispute or electronic check (ACH) dispute that results in chargebacks (the reversal of payments) or dishonored payments, the account holder may be required to replenish their account with certified funds for future transactions.

Chargebacks and dishonored payments. If the customer service center receives excessive notifications of a credit card dispute or electronic check (ACH) dispute that results in chargebacks (the reversal of payments) or dishonored payments, the account holder may be required to replenish refill their account with certified funds for future transactions.