CREDITING THE PAYMENT ACCOUNT. 4.1 Funding the Payment Account The Account Holder may proceed to fund his Payment Account by the payment methods made available by the Lemonway Partner. In case of funding the Payment Account by cheque (French only), they must be made payable to the order of Lemonway. For security reasons, Lemonway may refuse or cancel the registration of the payment method used by the Account Holder. Lemonway sets payment limits in the interest of protecting the Account Holder and complying with the regulations in force regarding Payment Services. Single limits, per day, per month and per year, as well as all forms of restrictions (in particular regarding the strong authentication of the Account Holder) are applied by Lemonway to fight against fraud. The Account Holder is informed that any Payment Transaction that may result in exceeding the applicable limits will automatically be rejected by Lemonway. Any Transaction by credit or debit card, which is the subject of a non-payment, rejection or objection will have its amount automatically be deducted by Lemonway from the net balance of the Payment Account. If the net balance is insufficient, Lemonway is entitled to use all remedies against the Account Holder to recover the amount due. In addition, Lemonway will be entitled to refuse to execute all future payments made using the card that gave rise to the incident. Lemonway also debits the Account Holder’s Payment Account for the Payment Transactions that were rejected and other penalties that may be issued by the acceptance networks.
CREDITING THE PAYMENT ACCOUNT. 4.1 Funding the Payment Account The Account Xxxxxx may proceed to fund his/her Payment Account by the payment methods made available by the Lemonway Partner. When funding the Payment Account with a credit card, Lemonway applies a strong authentication (3DSecure or any technical norm in force). Exceptions may be applicable depending on the nature of the Payment Transaction, the level of risk of the Payment Transaction, the amount, the recurring character and of the mean used to perform the Payment Transaction. When funding the Payment Account with a bank transfer, these Payment Transactions shall be made to the benefit of a bank account opened in the name of Lemonway. Lemonway shall then credit the corresponding funds, once received, into the Payment Account. When funding the Payment Account by cheque (France only), Lemonway handles the cashing of such cheque, provided the following criteria are met: • the cheque must be issued by a French bank; • the cheque must be payable to the order of Lemonway; • the cheque must contain the beneficiary’s Payment Account ID and the Partner’s name. Any non-compliance with the cashing procedure may extend the processing time or impede the cashing of the cheque. When funding the Payment Account by direct debit order (SEPA Core and B2B), this funding is subject to the signature of a SEPA direct debit mandate by the Payer or the Account Holder, that authorizes Lemonway to debit the Payer or the Account Holder. If the currency of the Payer’s bank account is not the same as the currency of the beneficiary’s Payment Account towards which the funds are transferred, exchange fees shall be charged by the PSPs. It is up to Xxxxxxxx’s Partner and to the PSP of the Payer to inform the Payer before any acquiring of the Payment Order, of the exchange rate and the applicable fees. For security reasons, Xxxxxxxx may refuse or cancel the registration of the payment method used by the Account Holder. Lemonway sets payment limits in the interest of protecting the Account Holder and complying with the regulations in force regarding Payment Services. Single limits, per day, per month and per year, as well as all forms of restrictions (in particular regarding the strong authentication of the Account Holder) are applied by Xxxxxxxx to fight against fraud. The Account Holder is informed that any Payment Transaction that may result in exceeding the applicable limits will automatically be rejected by Lemonway. Any Transaction by credit or debit ca...
CREDITING THE PAYMENT ACCOUNT. In the context of the progressive closure of the Lemonway for e-Commerce service, and as from the effective date of this Framework Agreement, Lemonway reserves the right to block any new acquisition of Payment Order on a Payment Account, after sending a prior notice by any means to the Partner. Consequently, the Partner will no longer be able to credit its Payment Account through the acquisition of Payment Orders. The following provisions apply as long as the acquisition of Payment Orders has not been blocked by Lemonway.
