Common use of General Description of Service Clause in Contracts

General Description of Service. Subject to the terms and conditions of this Agreement, Customer may use the Xxxxxx Express Service, a secure online payments solution that accepts payments from Customer’s Payers. The Xxxxxx Express Service permits Customer to deliver bills and invoices to its Payers in electronic form rather than paper, and to accept either one-time or recurring Payments from Payers, either online through the use of a Device or by telephone (via interactive voice response or Customer’s customer service representatives). Payers will be able to make such Payments by (i) creating a pre-authorized debit file originating an ACH transaction that debits the Payer’s designated checking or savings account for the amount of the Payment, (ii) a debit card transaction that debits the Payer’s designated checking or savings account for the amount of the Payment, or (iii) a credit card transaction. Upon receipt of a Payment, Customer’s Settlement Account is electronically credited for the Payment made through the Xxxxxx Express Service. Enrollment in the Xxxxxx Express Service requires each Payer to agree to be bound by Customer’s Electronic Xxxx Presentment and Payment Terms and Conditions, a copy of which will be provided to Customer by Bank upon request.

Appears in 4 contracts

Samples: Master Agreement, Master Agreement, Master Agreement

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