Common use of Initiation of Payment Instructions Clause in Contracts

Initiation of Payment Instructions. For Popmoney Instant Payments, you can initiate a one-time Payment Instruction to a Receiver for which processing shall be initiated immediately using (i) the Receiver's email address or mobile number, and the Popmoney Service will validate the Popmoney Instant Payments eligibility of the Receiver prior to transferring the funds; or (ii) the Receiver's debit card information, and the funds will be deposited into the Receiver's checking or savings account affiliated with the debit card.

Appears in 4 contracts

Samples: Terms and Conditions, Access Agreement, mcu.org

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Initiation of Payment Instructions. For Popmoney Instant Payments, you can initiate a one-time one‐time Payment Instruction to a Receiver for which processing shall be initiated immediately using (i) the Receiver's ’s email address or mobile number, and the Popmoney Service will validate the Popmoney Instant Payments eligibility of the Receiver prior to transferring the funds; or (ii) the Receiver's ’s debit card information, and the funds will be deposited into the Receiver's ’s checking or savings account affiliated with the debit card.

Appears in 1 contract

Samples: www.kybank.com

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Initiation of Payment Instructions. For Popmoney Instant Payments, you can initiate a one-time Payment Instruction to a Receiver for which processing shall be initiated immediately using (i) the Receiver's ’s email address or mobile number, and the Popmoney Service will validate the Popmoney Instant Payments eligibility of the Receiver prior to transferring the funds; or (ii) the Receiver's ’s debit card information, and the funds will be deposited into the Receiver's ’s checking or savings account affiliated with the debit card.

Appears in 1 contract

Samples: umassfive.coop

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