Common use of Payment Delays and Errors Clause in Contracts

Payment Delays and Errors. It is your responsibility to review all payment transactions you initiate using the Payment Service against account statements you receive from Us. You acknowledge that some transactions may take longer to be credited to your account on a Payee Site due to circumstances beyond Our control, such as delays in handling and posting payments, errors with Payee Account Information, or errors with funding instructions. You are solely responsible for ensuring that payments made using the Payment Service arrive by the Payee’s due date. You are solely liable for errors you make in using the Payment Service. Without limiting the foregoing, We will not be responsible or liable: (a) if a Funding Account you specify as a payment source is closed or does not contain sufficient funds to complete a transaction; (b) if a payment is rejected, returned, mishandled, or delayed by the Payee or Us for any reason; or (c) due to (i) any unavailability of the Payment Service for any reason, (ii) fraud or attacks on the Services, or (iii) circumstances beyond Our control (for example, fire, flood, third party networks, or any failure by your computer, software, or Internet connection).

Appears in 6 contracts

Samples: Biller Direct Payment Service Agreement, Biller Direct Payment Service Agreement, Terms of Service

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Payment Delays and Errors. It I t is your responsibility to review all payment transactions you initiate using the Payment Service against account statements you receive from Us. You acknowledge that some transactions may take t ake longer to be credited to your account on a Payee Site due to circumstances beyond Our control, such as delays in handling and posting payments, errors with Payee Account Information, or errors with funding instructions. You are solely responsible for ensuring that payments made using the Payment Service arrive by the Payee’s due date. You are solely liable for errors you make in using the Payment Service. Without limiting the foregoing, We will not be responsible or liable: (( a) if a Funding Account you specify as a payment source is closed or does not contain sufficient funds to complete a transaction; (( b) if a payment is rejected, returned, mishandled, or delayed by the Payee or Us for any reason; or (( c) due to (( i) any unavailability of the Payment Service for any reason, (( ii) fraud or attacks on the Services, or (iii) circumstances beyond Our control (( for example, fire, flood, third party networks, or any failure by your computer, software, or Internet connection).

Appears in 1 contract

Samples: Online Access Agreement and Disclosure Statement

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