Special Rule for Credit Card Purchases If you have a problem with the quality of property or services that you purchased with a credit card, and you have tried in good faith to correct the problem with the merchant, you may have the right not to pay the remaining amount due on the property or services. There are two limitations on this right:
Merchant has the power and authority to authorize the automatic funds transfer provided for in the Merchant Agreement;
Credit Cards About 93% of graduating students report they have at least one credit card, including 29% who say they have two or more. Among those students who have credit cards, about 79% report they pay off their balance each month and, as such, their current credit card balance is zero; however, when asked what their current credit card balance is, just 37% say it is zero. Among those with an unpaid balance, the average credit card debt students have is $2,771. Table 47: Credit cards All students (n=14,760) Group University of Manitoba (n=581) 1 (n=3,531) 2 (n=6,238) 3 (n=4,991) Number of credit cards (FIN1) None 7% 8% 7% 7% 6% One 64% 65% 62% 66% 66% Two 21% 19% 22% 20% 22% Three or more 8% 7% 8% 7% 6% Regularly pay off balance each month* (FIN2) Yes 79% 70% 81% 80% 78% Total credit card balance* (FIN3) Zero 37% 34% 37% 38% 38% $500 or less 14% 14% 13% 14% 12% $501 to $1,000 6% 6% 6% 7% 7% Over $1,000 10% 14% 8% 10% 11% Don't know 33% 32% 36% 31% 32% Average (those with credit card) $792 $1,176 $655 $753 $899 Average (those with unpaid balance) $2,771 $3,366 $2,395 $2,745 $3,089 * Total credit card balance and payment of the balance were asked of those who had at least one credit card.
Credit Card Payments If You pay for the APEX Service using a credit card (to the extent available), then: (a) You authorize Dell to periodically charge Your credit card for the APEX Service fees; (b) You will be subject to any additional terms presented to You by the third-party credit card payment processor (which will be the merchant of record for that transaction); and (c) You are responsible for keeping Your credit card information up to date. You agree that Dell may request that Your credit card payment issuer pre-authorize and hold an amount equal to the next recurring fee (or an estimate if the fee is variable) for the APEX Service in advance of its due date.
Purchasing Card The State has implemented a purchasing card program using the Visa platform. The Contractor may receive payments via the State’s Purchasing Card in the same manner as any other Visa purchases. Purchasing Card acceptance for purchase is a mandatory requirement for the Contract but is not the exclusive method of payment. If the State changes its Purchasing Card platform during the term of Contract, the Contractor shall make any necessary changes to accommodate the State ‘s new Purchasing Card platform within 30 calendar days of notification of such change.
