Common use of Payment Network Relationship with You Clause in Contracts

Payment Network Relationship with You. The payment network we select is a payment service provider that helps you make payments to third parties. It is an independent contractor for all purposes, except that it acts as your agent with respect to the custody of your funds only. The payment network does not have control of, or liability for, the payment for products or services with our service. We are not responsible for the identity of any recipient to whom you have authorized a payment or ensure that a recipient will complete a transaction.

Appears in 5 contracts

Samples: Membership and Account Agreement, Online Banking Agreement, Digital Banking Terms & Conditions

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Payment Network Relationship with You. The payment network we select is a payment service provider that helps you make payments to third parties. It is an independent contractor for all purposes, except that it acts as your agent with respect to the custody of your funds only. The payment network does not have control of, or liability for, the payment for products or services with our service. We are not responsible for the identity of any recipient to whom you have authorized a payment or to ensure that a recipient will complete a transaction.

Appears in 1 contract

Samples: Online Banking Agreement

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