Common use of Using Third Party Apps or Payment Services Clause in Contracts

Using Third Party Apps or Payment Services. If you link any of your accounts or services to a third party app or payment service (including but not limited to PayPal, Zelle or Venmo) you understand and agree that these are not Credit Union services; and any transactions you make will be subject to your agreements with the app or service provider. You understand that these apps and services do not provide the same protections from fraud or other misapplication of funds as traditional direct banking services. If we transfer any funds as directed by you or anyone you authorize to the app or third party service provider such transfer(s) shall in all respects be an authorized transaction and we will have no further obligation or liability if the app or provider then transfers the funds to a fraud perpetrator or the funds are otherwise misapplied. Further, you understand that funds transferred to/via a third party app may not be federally or otherwise insured; and you assume all risks should your funds become unavailable for any reason.

Appears in 2 contracts

Samples: www.sharonview.org, www.sharonview.org

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Using Third Party Apps or Payment Services. If you link any of your accounts or services to a third party app or payment service (including but not limited to PayPal, Zelle Zelle, Cash App or Venmo) you understand and agree that these are not Credit Union services; and any transactions you make will be subject to your agreements with the app or service provider. You understand that these apps and services do not provide the same protections from fraud or other misapplication of funds as traditional direct banking services. If we transfer any funds as directed by you or anyone you authorize to the app or third party service provider such transfer(s) shall in all respects be an authorized transaction and we will have no further obligation or liability if the app or provider then transfers the funds to a fraud perpetrator or the funds are otherwise misapplied. Further, you understand that funds transferred to/via a third party app may not be federally or otherwise insured; and you assume all risks should your funds become unavailable for any reason.

Appears in 1 contract

Samples: sharonview.org

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Using Third Party Apps or Payment Services. If you link any of your accounts or services to a third party third‐party app or payment service (including but not limited to Cash App, PayPal, Zelle or Venmo) you understand and agree that these are not Credit Union services; and any transactions you make will be subject to your agreements with the app or service provider. You understand that these apps and services do not provide the same protections from fraud or other misapplication of funds as traditional direct banking services. If we transfer any funds as directed by you or anyone you authorize to the app or third party third‐party service provider such transfer(s) shall in all respects be an authorized transaction and we will have no further obligation or liability if the app or provider then transfers the funds to a fraud perpetrator an improper third party or if the funds are otherwise misapplied. Further, you understand that funds transferred to/via a third party third‐party app may not be federally or otherwise insured; and you assume all risks should your funds become lost or otherwise unavailable for any reason.

Appears in 1 contract

Samples: Account Transfer Agreement

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