Payment Processing Fee Clause Samples
Payment Processing Fee. The “Payment Processing Fee” shall be an amount equal to the product of (a) the Approved Fee Rate (as defined and adjusted pursuant to Section 3 below), multiplied by (b) the applicable Total Payment Volume actually processed by Provider as part of the Services provided to the applicable Recipient Party pursuant to this Agreement during the applicable Calendar Quarter (such Total Payment Volume, excluding Total Payment Volume with respect to Off-Recipient Services and Packaged Services, the “Base TPV”). The Payment Processing Fee shall be invoiced and paid in accordance with Section 7.2 in PRC currency and shall be subject to the true-up provisions set forth in Section 4 of this Schedule 7.1.
Payment Processing Fee. If Owner requirements payments and statements to be printed and mailed, Owner will pay Broker $10 per occurrence to cover the cost of processing paper payment transactions (Check) and ensuring the funds are mailed to the Owner. Owner will NOT pay anything extra to Broker for processing electronic payment transactions (ACH) and ensuring the funds are transported to the Owner’s bank account.
Payment Processing Fee. APPROVED FEE RATE
Payment Processing Fee. Owner will pay broker $0 to cover the cost of processing electronic payment transactions (ACH) and ensuring the funds are transported to the Owner’s bank account, or Owner will pay Manager $15 processing fee for paper payment transaction (Check) and ensuring the funds are mailed to the Owner.