Common use of Deposit Transactions Clause in Contracts

Deposit Transactions. Merchant agrees that it shall only accept payments through PayPal processing services for bona fide transactions between the Merchant and its customer for the sale of goods or services. Merchant shall not submit a transaction for the refinance or transfer of an existing obligation that was uncollectible. Merchant acknowledges that for Visa and MasterCard payments, PayPal shall obtain an authorization for transaction amounts prior to completing the transaction.

Appears in 18 contracts

Sources: Commercial Entity Agreement, Commercial Entity Agreement, Commercial Entity Agreement

Deposit Transactions. Merchant agrees that it shall only accept payments through PayPal processing services Processing Services for bona fide transactions between the Merchant and its customer for the sale of goods or services. Merchant shall not submit a transaction for the refinance or transfer of an existing obligation that was uncollectible. Merchant acknowledges that for Visa and MasterCard payments, PayPal shall obtain an authorization for transaction amounts prior to completing the transaction.

Appears in 14 contracts

Sources: Commercial Entity Agreement, Commercial Entity Agreement, Commercial Entity Agreement

Deposit Transactions. Merchant agrees that it shall only accept onlyaccept payments through PayPal processing services Processing Services for bona fide transactions between the Merchant and its customer for the sale of goods or services. Merchant shall not submit a transaction for the refinance or transfer of an existing obligation that was uncollectible. Merchant acknowledges that for Visa and MasterCard payments, PayPal shall obtain an authorization for transaction amounts prior to completing the transaction.

Appears in 2 contracts

Sources: Paypal Hosted Solution and Eterminal Agreement, Paypal Hosted Solution and Eterminal Agreement

Deposit Transactions. Merchant ▇▇▇▇▇▇▇▇ agrees that it shall only accept payments through PayPal processing services for bona fide transactions between the Merchant and its customer for the sale of goods or services. Merchant shall not submit a transaction for the refinance or transfer of an existing obligation that was uncollectible. Merchant acknowledges that for Visa and MasterCard payments, PayPal shall obtain an authorization for transaction amounts prior to completing the transaction.

Appears in 1 contract

Sources: Commercial Entity Agreement for Credit Card Processing Services