Payment Service Clause Samples

Payment Service. 4.1. If the Merchant has chosen to receive the Payment service, as part of the Payment service, Mobilly buys and the Merchant sells the services or goods provided by the Merchant with the aim of Mobilly reselling them on its own behalf via Website and App, but in the Merchant's interest, to Customers - economic operators using the Mobilly Accounting System. Mobilly does not act as a Merchant service provider to the Customer, but as a payment service provider. 4.2. Mobilly provides information to customers – legal entities, about the amount of services used or purchased goods, by preparing a transaction report. Mobilly settles with the Merchant services rendered or goods sold to Customers – legal entities, and is entitled to independently choose the type and form in which the Customer-legal entity, settles with Mobilly for these services. 4.3. The commission for the Payment service is determined in the Price List. 4.4. The Payment service is provided in accordance with the provisions of Appendix No. 2 - Payment service regulations.

Payment Service. 10.1 Where the Product incorporates or otherwise utilises a Payment Service, this clause applies. 10.2 The Licensee agrees to comply with the Merchant Terms of Service published by the Payment Service. 10.3 The Licensee agrees that the fees from each transaction processed through use of the Product may be paid to the Licensor directly by the Payment Service. 10.4 The Licensee acknowledges and agrees that the Licensor may be paid a commission from the Payment Service. 10.5 The Licensee acknowledges that the Payment Service, as a third party, may from time to time renew and revise its terms and conditions of service. The Licensee must continually inform itself of the Merchant Terms of Service and its acceptance of those terms.

Payment Service. Strex’ payment service that the Merchant may use to accept payment for its goods and services from Customers who have a dedicated e-money account that is used for making payments, pursuant to a separate subscription agreement with Strex. The Customer can deposit funds into the e-money account using the methods offered at any given time by Strex. The Payment Service is described in further detail in the document “Product Description”, which is available on Strex’ website under the URL ▇▇▇▇▇.▇▇/▇▇▇▇▇▇▇▇_▇▇▇▇▇▇▇▇▇-▇▇▇▇-▇▇▇▇▇▇▇ . At the time of the execution of the Agreement, the Payment Service comprises the Strex SMS Payment product and the Strex Direct Payment product.

Payment Service. The Payment Service enables you to initiate payments from your eligible bank transaction deposit account(s) to a person or entity that maintains a transaction deposit account at another U.S. financial institution and receive funds from a person or entity that maintains a transaction deposit account at another U.S. financial institution into your transaction deposit account. Prior to completing any transfer, however, the Third Party will be required to take additional steps to facilitate and/or confirm the transfer of funds to or from your transaction deposit account, and the transfer will not be completed until we are satisfied that such additional steps have been taken.

Payment Service. 6.1 These terms apply only if the Customer adopts a payment service. Depending on the license, the Customer has the possibility to adopt a payment service provided by the Supplier's partner. With the payment services, The Customer is able to sell products on their own account to the end customer, i.e. the participants of an event. In no circumstance is the Supplier a party in the transactions related to the Products. 6.2 The Customer is responsible for defining the maximum number of participants or buyers for each event or Product (“Capacity”). The Supplier ensures that the Capacity reported by the Customer is not exceeded. If goods are sold through the Service, the Customer is fully responsible for the delivery of the goods and for organising the appropriate return and cancellation rights if such rights must be provided to the Participant under legislation.

Payment Service. This Service allows you to obtain information about your accounts and transactions, communicate with us electronically, and make payments to others.

Payment Service. 9.1 Where the Product incorporates or otherwise utilises a Payment Service, this clause applies. 9.2 You agree to comply with the Merchant Terms of Service published by the Payment Service. 9.3 You agree that the fees from each transaction processed through use of the Product may be paid directly to us by the Payment Service. Where this occurs, we will remit those fees immediately to you on receipt of cleared funds in our bank account. 9.4 You acknowledge and agree that we may be paid a commission from the Payment Service. 9.5 You acknowledge that the Payment Service, as a third party, may from time to time renew and revise its terms and conditions of service. You must continually inform yourself of the Merchant Terms of Service and your acceptance of those terms.

Payment Service. The Bank is authorised to effect any payment including third party payment whatsoever pursuant to Customer Instructions.

Payment Service. The Bank’s standard terms and conditions governing accounts (as may be amended, modified or supplemented from time to time by the Bank in its absolute discretion) shall apply to all SCS transactions.