Common use of Purpose of this CEA Clause in Contracts

Purpose of this CEA. When your customers pay you through PayPal, they have the option of paying you through a funding source offered on the PayPal website including a card funded payment. In most instances, you will not know the funding source that your customer selected. Since you may be the recipient of a card funded payment, the Associations require that you enter into a direct contractual relationship with a bank who is a member of the Associations. By entering into this CEA, you are fulfilling such Association requirement and you are agreeing to comply with Association rules as they pertain to payments you receive through the PayPal service.

Appears in 10 contracts

Samples: Commercial Entity Agreement, Commercial Entity Agreement, Commercial Entity Agreement for Credit Card Processing Services

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Purpose of this CEA. When your customers pay you through PayPal, they have the option of paying you through a funding source offered on the supported by PayPal website including a card funded paymentcard. In most instances, you will not know the funding source that your customer selected. Since you may be the recipient of a card funded payment, the Associations require that you enter into a direct contractual relationship with a bank an acquirer who is a member of the Associations. By entering into this CEA, you are fulfilling such Association requirement and you are agreeing to comply with Association rules as they pertain to payments you receive through the PayPal service.

Appears in 10 contracts

Samples: Commercial Entity Agreement, Commercial Entity Agreement, Commercial Entity Agreement

Purpose of this CEA. When your customers pay you through PayPal, they have the option of paying you through a funding source offered on the PayPal website supported byPayPal including a card funded paymentcard. In most instances, you will not know the funding source that your customer selected. Since you may be the recipient of a card funded payment, the Associations require that you enter into a direct contractual relationship with a bank an acquirer who is a member of the Associations. By entering into this CEA, you are fulfilling such Association requirement and you are agreeing to comply with Association rules as they pertain to payments you receive through the PayPal service.

Appears in 4 contracts

Samples: Commercial Entity Agreement for Credit Card Processing Services, Commercial Entity Agreement for Credit Card Processing Services, Commercial Entity Agreement for Credit Card Processing Services

Purpose of this CEA. When your customers pay you payyou through PayPal, they have theyhave the option of paying you through a funding source offered on the PayPal website including a card funded payment. In most instances, you will not know the funding source that your customer selected. Since you may be maybe the recipient of a card funded payment, the Associations require that you enter into a direct contractual relationship with a bank who is a member of the Associations. By entering Byentering into this CEA, you are fulfilling such Association requirement and you are agreeing to comply with complywith Association rules as they pertain theypertain to payments you receive through the PayPal service.

Appears in 3 contracts

Samples: Paypal Hosted Solution and Eterminal Agreement, Paypal Hosted Solution and Eterminal Agreement, Commercial Entity Agreement

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Purpose of this CEA. When your customers pay you through PayPal, they have the option of paying you through a funding source offered on the PayPal website including a card funded payment. In most instances, you will not know the funding source that your customer selected. Since you may be the recipient of a card funded payment, the Associations require that you enter into a direct contractual relationship with a bank an Acquirer who is a member of the Associations. By entering into this CEA, you are fulfilling such Association requirement and you are agreeing to comply with Association rules as they pertain to payments you receive through the PayPal service.

Appears in 1 contract

Samples: Paypal Hosted Solution and Eterminal Agreement

Purpose of this CEA. When your customers pay you through PayPal, they have the option of paying you through a funding source offered on the PayPal website including a card funded payment. In most instances, you will not know the funding source that your customer selected. Since you may be the recipient of a card funded payment, the Associations require that you enter into a direct contractual relationship with a bank who is a member of the Associations. By entering into this CEA, you are fulfilling such Association requirement and you are agreeing to comply with Association rules as they pertain to payments you receive through the PayPal service. Association Rules.

Appears in 1 contract

Samples: Payment Processing Agreement (Skype S.a r.l.)

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