Rules for Unauthorised Payment Sample Clauses

Rules for Unauthorised Payment i) The Merchant agrees that if the Acquirer determines in its sole discretion that certain features of the Services may be subject to high risk of Unauthorised Payment or fraudulent Transaction, the Acquirer may, from time to time, suspend or terminate, with reasonable notice, the provision of such part of the Services, including adjusting the types, issuing banks and payment limit (whether per Transaction or per day) of the payment method that Alipay Users or WeChat Pay Users will be able to use to complete the Payment from time to time. ii) In any single calendar month, if the accumulative amount of Unauthorised Payments submitted by a Merchant exceeds (i) RMB 5,000 and (ii) 1/100,000 of the total Transaction Value of Transactions submitted by a Merchant, the Acquirer may procure that the relevant Merchant cooperates with Alipay and/or WeChat to mitigate the risks of the relevant Transactions. iii) In the event that the Merchant fails to adopt any precautionary measure requested by Alipay or WeChat Pay within 5 Business Days of receipt of Alipay’s or WeChat Pay’s notice, the Acquirer may exercise its right of termination or suspension set out in this Agreement. iv) In the event that: (A) the Acquirer reasonably suspects that a Merchant has breached or defaulted on any material term of this Agreement; (B) any of the events described in Clauses 3(a)(i) – (iii) above occurs in relation to the Merchant for each of three (3) consecutive months; (C) the accumulated amount of Unauthorised Payments submitted by the Merchant exceeds (i) RMB 50,000 and (ii) 1/10,000 of the total Transaction Value of Transactions submitted by the Merchant in each of two (2) consecutive months; or (D) the Acquirer reasonably suspects that the Merchant has suffered a Data Compromise and the Acquirer determines that such event may pose significant risks to Alipay’s or WeChat Pay’s systems, the Acquirer may immediately terminate or suspend by written notice (including by email) to the Merchant the Services provided to the Merchant. If an Alipay User or WeChat Pay User claims that an unauthorised payment or an otherwise fraudulent Transaction has been submitted by the Merchant the Merchant must comply with the following rules: a) Transaction Evidence. The Merchant must provide the Acquirer transaction evidence within 5 Business Days upon the Acquirer’s request.
Sample 1
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Related to Rules for Unauthorised Payment

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  • Informal Grievance Procedure Employees are encouraged to act promptly to attempt to resolve disputes with their manager/supervisor through an informal procedure. A meeting between the manager/supervisor and the employee should take place whenever requested by either party to assist, to clarify or resolve the grievance. The employee may be accompanied by his/her Union representative at the informal meeting. Any resolution reached at the informal step must be in accordance with the provisions of this agreement, or other rule or ordinance and shall not set precedent.

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