Common use of Payment of Cross-Border Mobile Payments Clause in Contracts

Payment of Cross-Border Mobile Payments. 3.1 Upon receipt of Cross-Border Mobile Payments by the Acquirer, XXXXX (or its engaged third party) will transfer the credit funds it receives for the Merchant on the first business day after receipt on its third party account. The data from the 2PAYNOW® app determines which cross-border Mobile Payments are accepted and authorized by the Issuing Bank. XXXXX is authorized to adjust the schedule and/or the frequency of payments to be made.

Appears in 5 contracts

Samples: www.sepay.nl, www.sepay.nl, www.sepay.nl

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Payment of Cross-Border Mobile Payments. 3.1 Upon receipt of Cross-Border Mobile Payments by the Acquirer, XXXXX SEPAY (or its engaged third party) will transfer the credit funds it receives for the Merchant on the first business day after receipt on its third party account. The data from the 2PAYNOW® app determines which cross-border Mobile Payments are accepted and authorized by the Issuing Bank. XXXXX SEPAY is authorized to adjust the schedule and/or the frequency of payments to be made.

Appears in 3 contracts

Samples: Connection Agreement, Connection Agreement, Connection Agreement

Payment of Cross-Border Mobile Payments. 3.1 Upon receipt of Cross-Border Mobile Payments by the Acquirer, XXXXX SEPAY will (or its engaged third party) will transfer the credit funds creditfunds it receives for the Merchant on at the first business day after on receipt on its third third- party account. The data from the 2PAYNOW® app determines which cross-border Mobile Payments are accepted and authorized by the Issuing Bank. XXXXX SEPAY is authorized to adjust the schedule and/or reschedule and adaptions of the payments or the frequency of with which payments to be are made.

Appears in 1 contract

Samples: Connection Agreement

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Payment of Cross-Border Mobile Payments. 3.1 Upon receipt of Cross-Border Mobile Payments by the Acquirer, XXXXX (or its engaged third party) will transfer the credit funds it receives for the Merchant on the first frst business day after afer receipt on its third party account. The data from the 2PAYNOW® app determines which cross-border Mobile Payments are accepted and authorized by the Issuing Bank. XXXXX is authorized to adjust the schedule and/or the frequency of payments to be made.

Appears in 1 contract

Samples: Connection Agreement

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