E Commerce Gateway Sample Clauses

The E-Commerce / Gateway clause defines the terms governing the use of online payment processing systems or gateways within a commercial agreement. It typically outlines the responsibilities of each party regarding the integration, operation, and security of the payment gateway, and may address issues such as transaction fees, data protection, and compliance with relevant regulations. This clause ensures that both parties understand their obligations and liabilities related to electronic transactions, thereby reducing the risk of disputes and ensuring smooth, secure online payment operations.