Common use of Right to Stop Payment Clause in Contracts

Right to Stop Payment. To stop a preauthorized or recurring payment from the Card, you must request to cancel the transaction by calling us or, if available, using the Platform or Mobile Application. We must receive your request to cancel the transaction at least 3 business days before the scheduled payment date in order to cancel the payment. If you request to cancel a payment, the request will cancel a single payment. If you want to permanently stop all recurring payments made to a specific payee from the Card, please specify this in your request. If your Card Account is a consumer account, please refer to the Electronic Funds Transfer Agreement for procedures to stop payment and our liability to you for failing to do so.

Right to Stop Payment. To stop a preauthorized or recurring payment from the Card, you must request to cancel the transaction by calling us or, if available, using the Platform or Mobile Application. We must receive your request to cancel the transaction at least 3 business days before the scheduled payment date in order to cancel the payment. If you request to cancel a payment, the request will cancel a single payment. If you want to permanently stop all recurring payments made to a specific payee from the Card, please specify this in your request. If your Card Account is a consumer account, please refer to the Electronic Funds Transfer Agreement for procedures to stop payment and our liability to you for failing to do so.