Common use of Verification and Underwriting Clause in Contracts

Verification and Underwriting. To verify your identity, we may require additional information, including your company registration number or business number, your tax number, and, if applicable, your date of birth. We may also ask for additional information to help verify your identity and assess your business risk, including, but not limited, to business invoices, reseller authorization or distributor information, a driver’s license or other government issued identification, or business license, for you or for any of the owners or principals of your business. We may ask you for your financial statements. We may request your permission to do a physical inspection at your place of business and to examine books and records that pertain to your compliance with this Agreement. Your failure to comply with any of these requests within five (5) days may result in suspension or termination of your Payments Account. You authorize us to retrieve additional information about you from third parties and other identification services. We reserve the right to hold funds in your Payments Account while awaiting the information requested above. SMARTPAYMENTS may use your information to apply for card merchant acquiring accounts on your behalf with certain Payment Networks. After we have collected and verified all your information, we will review your account and determine if you are eligible to use the Payments Services. We will notify you once your Payments Account has been either approved or deemed ineligible for use of the Payments Services. By accepting the terms of this Agreement, you are providing us with authorization to retrieve information about you by using third parties, including credit bureaus and other information providers. You acknowledge that such information retrieved may include your name, address history, credit history, and other data about you. We may periodically update this information to determine whether you continue to meet the eligibility requirements for a Payments Account. You agree that SMARTPAYMENTS is permitted to contact and share information about you and your application (including whether you are approved or declined), your Payments Account with Processor. This includes sharing information: (i) about Transactions for regulatory or compliance purposes; (ii) for use in connection with the management and maintenance of the Payments Services; (iii) to create and update our and their customer records about you, and to assist us and them in better serving you; and, (iv) to conduct our and their risk management process.

Verification and Underwriting. To verify your identity, we may require additional information, including your company registration number or business number, your HST, GST, or tax number, and, if applicable, your date of birth. We may also ask for additional information to help verify your identity and assess your business risk, including, but not limited, to business invoices, reseller authorization or distributor information, a driver’s license or other government issued identification, or business license, for you or for any of the owners or principals of your business. We may ask you for your financial statements. We may request your permission to do a physical inspection at your place of business and to examine books and records that pertain to your compliance with this Agreement. Your failure to comply with any of these requests within five (5) days may result in suspension or termination of your Shopify Payments Account and the Processor Account. You authorize us to retrieve additional information about you from third parties and other identification services. We reserve the right to hold funds in your Shopify Payments Account while awaiting the information requested above. SMARTPAYMENTS Shopify may use your information to apply for card merchant acquiring accounts on your behalf with certain Payment NetworksNetworks (such as American Express). After we have collected and verified all your information, we will review your account and determine if you are eligible to use the Payments Services. We will notify you once your Shopify Payments Account has been either approved or deemed ineligible for use of the Payments Services. By accepting the terms of this Agreement, you are providing us with authorization to retrieve information about you by using third parties, including credit bureaus and other information providers. You acknowledge that such information retrieved may include your name, address history, credit history, and other data about you. We may periodically update this information to determine whether you continue to meet the eligibility requirements for a Shopify Payments Account. You agree that SMARTPAYMENTS Shopify is permitted to contact and share information about you and your application (including whether you are approved or declined), your Shopify Payments Account, and the Processor Account with Processorthe Processor and other third parties in order to perform the Payments Services. This includes sharing information: (i) about Transactions for regulatory or compliance purposes; (ii) for use in connection with the management and maintenance of the Payments Services; (iii) to create and update our and their customer records about you, and to assist us and them in better serving you; and, (iv) to conduct our and their risk management process.

Verification and Underwriting. To verify your identity, we may will require additional information, information including your company registration number business EIN or business Tax ID, social security number, your tax number, and, if applicable, your and date of birth. We may also ask for additional information to help verify your identity and assess your business risk, including, but not limited, to risk including business invoices, reseller authorization or distributor information, a driver’s license or other government issued identification, or a business license, for you or for any of the owners or principals of your business. We may ask you for your financial statements. We may request for your permission to do a physical inspection at your place of business and to examine books and records that pertain to your compliance with this Agreement. Your failure to comply with any of these requests within five (5) days may result in suspension or termination of your Payments IntegraPay Account. You authorize us to retrieve additional information about you from third parties and other identification services. We reserve the right to hold funds in your Payments Account while awaiting the information requested above. SMARTPAYMENTS IntegraPay may use your information to apply for card merchant acquiring accounts on your behalf with certain Payment NetworksNetworks (such as American Express), and you hereby authorize us to do so. If we or American Express request that you do so, you will also be required to enter into a direct agreement with American Express in addition to this Agreement. In that case, unless you expressly inform us in writing otherwise, you hereby authorize IntegraPay to continue to manage your American Express account on your behalf and to cause funds settled from American Express transactions to be deposited to our account designated by IntegraPay for your benefit. After we have collected and verified all your information, we IntegraPay will review your account and determine if you are eligible to use the Payments IntegraPay Services. IntegraPay may also share your information with our payment processors, each of which may also make a determination regarding your eligibility. We will notify you once your Payments Account account has been either approved or deemed ineligible for use of the Payments IntegraPay Services. By accepting the terms of this Agreement, you are providing authorize us with authorization to retrieve information about you by using third parties, including credit bureaus and other information providers. You acknowledge that such information retrieved may include your name, address history, credit history, and other data about you. We IntegraPay may periodically update this information to determine whether you continue to meet the our eligibility requirements for a Payments Accountrequirements. You agree that SMARTPAYMENTS IntegraPay is permitted to contact and share information about you and your application (including whether you are approved or declined), and your Payments Account use of IntegraPay with Processorthe financial services providers we work with. This includes sharing information: (i) information I. about Transactions your transactions for regulatory or compliance purposes; (ii) for use in connection with the management and maintenance of the Payments Services; (iii) to create and update our and their customer records about you, and to assist us and them in better serving you; and, (iv) to conduct our and their risk management process.,

Verification and Underwriting. To verify your identity, we may will require additional information, information including your company registration number business EIN or business Tax ID, social security number, your tax number, and, if applicable, your and date of birth. We may also ask for additional information to help verify your identity and assess your business risk, including, but not limited, to risk including business invoices, reseller authorization or distributor informationlicense, a driver’s license or other government issued identification, or a business license, for you or for any of the owners or principals of your businessinvoice. We may ask you for your financial statements. We may request for your permission to do a physical inspection at your place of business and to examine books and records that pertain to your compliance with this Agreement. Your failure to comply with any of these requests within five (5) days may result in suspension or termination decline of your Payments AccountNihaoPay Registration. You authorize us to retrieve additional information about you from third parties and other identification services. We reserve the right to hold funds in your Payments Account while awaiting the information requested above. SMARTPAYMENTS NihaoPay may use your information to apply for card merchant acquiring accounts on your behalf with certain Payment NetworksNetworks or third-party business partners when this is necessary to provide our Services to you, and you hereby authorize us to do so. You may also be required to enter into a service agreement directly with Networks or business partners in addition to this Agreement. In that case, unless you expressly inform us in writing otherwise, you hereby authorize NihaoPay to continue to manage your account on your behalf. After we have collected and verified all your information, we NihaoPay will review your account registration and determine if you are eligible to use the Payments NihaoPay Payment Processing Services. NihaoPay may also share your information with the Networks and our partnered bank, each of which may also make a determination regarding your eligibility. We will notify you once your Payments Account registration has been either approved or deemed ineligible for use of the Payments NihaoPay Payment Processing Services. By accepting the terms of this Agreement, you are providing authorize us with authorization to retrieve information about you by using third parties, including credit bureaus and other information providers. You acknowledge that such information retrieved may include your name, address history, credit history, and other data about you. We NihaoPay may periodically update this information to determine whether you continue to meet the our eligibility requirements for a Payments Accountrequirements. You agree that SMARTPAYMENTS NihaoPay is permitted to contact and share information about you and your application (including whether you are approved or declined), and your Payments Account use of NihaoPay Payment Processing Services with Processorthe financial services providers we work with, including NihaoPay partnered bank. This includes but not limited to sharing information: information (ia) about Transactions your transactions for regulatory or compliance purposes; , (iib) for use in connection with the management and maintenance of the Payments Services; program, (iiic) to create and update our and their customer records about you, you and to assist us and them in better serving you; and, and (ivd) to conduct our and their NihaoPay’s risk management process.

Verification and Underwriting. To verify your identity, we may will require additional information, information including your company registration number business EIN or business Tax ID, social security number, your tax number, and, if applicable, your and date of birth. We may also ask for additional information to help verify your identity and assess your business risk, including, but not limited, to risk including business invoices, reseller authorization or distributor information, a driver’s license or other government issued identification, or a business license, for you or for any of the owners or principals of your business. We may ask you for your financial statements. We may request for your permission to do a physical inspection at your place of business and to examine books and records that pertain to your compliance with this Agreement. Your failure to comply with any of these requests within five (5) days may result in suspension or termination of your Payments IntegraPay Account. You authorize us to retrieve additional information about you from third parties and other identification services. We reserve the right to hold funds in your Payments Account while awaiting the information requested above. SMARTPAYMENTS IntegraPay may use your information to apply for card merchant acquiring accounts on your behalf with certain Payment NetworksNetworks (such as American Express), and you hereby authorize us to do so. If we or American Express request that you do so, you will also be required to enter into a direct agreement with American Express in addition to this Agreement. In that case, unless you expressly inform us in writing otherwise, you hereby authorize IntegraPay to continue to manage your American Express account on your behalf and to cause funds settled from American Express transactions to be deposited to our account designated by IntegraPay for your benefit. After we have collected and verified all your information, we IntegraPay will review your account and determine if you are eligible to use the Payments IntegraPay Services. IntegraPay may also share your information with our payment processors, each of which may also make a determination regarding your eligibility. We will notify you once your Payments Account account has been either approved or deemed ineligible for use of the Payments IntegraPay Services. By accepting the terms of this Agreement, you are providing authorize us with authorization to retrieve information about you by using third parties, including credit bureaus and other information providers. You acknowledge that such information retrieved may include your name, address history, credit history, and other data about you. We IntegraPay may periodically update this information to determine whether you continue to meet the our eligibility requirements for a Payments Accountrequirements. You agree that SMARTPAYMENTS IntegraPay is permitted to contact and share information about you and your application (including whether you are approved or declined), and your Payments Account use of IntegraPay with Processorthe financial services providers we work with. This includes sharing information: (ia) about Transactions your transactions for regulatory or compliance purposes; , (iib) for use in connection with the management and maintenance of the Payments Services; program, (iiic) to create and update our and their customer records about you, you and to assist us and them in better serving you; , and, (ivd) to conduct our and their IntegraPay’s risk management process.

Verification and Underwriting. To verify your identity, we may will require additional information, information including your company registration number business EIN or business Tax ID, social security number, your tax number, and, if applicable, your and date of birth. We may also ask for additional information to help verify your identity and assess your business risk, including, but not limited, to risk including business invoices, reseller authorization or distributor information, a driver’s license or other government issued identification, or a business license, for you or for any of the owners or principals of your business. We may ask you for your financial statements. We may request for your permission to do a physical inspection at your place of business and to examine books and records that pertain to your compliance with this Agreement. Your failure to comply with any of these requests within five (5) days may result in suspension or termination of your Payments Payrix Account. You authorize us to retrieve additional information about you from third parties and other identification services. We reserve the right to hold funds in your Payments Account while awaiting the information requested above. SMARTPAYMENTS Payrix may use your information to apply for card merchant acquiring accounts on your behalf with certain Payment NetworksNetworks (such as American Express), and you hereby authorize us to do so. If we or American Express request that you do so, you will also be required to enter into a direct agreement with American Express in addition to this Agreement. In that case, unless you expressly inform us in writing otherwise, you hereby authorize Payrix to continue to manage your American Express account on your behalf and to cause funds settled from American Express transactions to be deposited to our account designated by Payrix for your benefit. After we have collected and verified all your information, we Payrix will review your account and determine if you are eligible to use the Payments Payrix Services. Payrix may also share your information with our payment processors, each of which may also make a determination regarding your eligibility. We will notify you once your Payments Account account has been either approved or deemed ineligible for use of the Payments Payrix Services. By accepting the terms of this Agreement, you are providing authorize us with authorization to retrieve information about you by using third parties, including credit bureaus and other information providers. You acknowledge that such information retrieved may include your name, address history, credit history, and other data about you. We Payrix TERMS AND CONDITIONS may periodically update this information to determine whether you continue to meet the our eligibility requirements for a Payments Accountrequirements. You agree that SMARTPAYMENTS Payrix is permitted to contact and share information about you and your application (including whether you are approved or declined), and your Payments Account use of Payrix with Processorthe financial services providers we work with. This includes sharing information: (i) information I. about Transactions your transactions for regulatory or compliance purposes; (ii) , II. for use in connection with the management and maintenance of the Payments Services; (iii) to create and update our and their customer records about you, and to assist us and them in better serving you; and, (iv) to conduct our and their risk management process.program,

Verification and Underwriting. To verify your identity, we may will require additional information, information including your company registration number business EIN or business Tax ID, social security number, your tax number, and, if applicable, your and date of birth. We may also ask for additional information to help verify your identity and assess your business risk, including, but not limited, to risk including business invoices, reseller authorization or distributor information, a driver’s license or other government issued identification, or a business license, for you or for any of the owners or principals of your business. We may ask you for your financial statements. We may request your permission to do a physical inspection at your place of business and to examine books and records that pertain to your compliance with this Agreement. Your failure to comply with any of these requests within five (5) days may result in suspension or termination of your Payments Service Account. You authorize us to retrieve additional information about you from third parties and other identification services. We reserve the right to hold funds in your Payments Account while awaiting the information requested above. SMARTPAYMENTS Shopify may use your information to apply for card merchant acquiring accounts on your behalf with certain Payment NetworksNetworks (such as American Express). After we have collected and verified all your information, we Shopify will review your account and determine if you are eligible to use the Payments ServicesService. Shopify may also share your information with our payment processors (such as Xxxxx Fargo), each of which may also make a determination regarding your eligibility. We will notify you once your Payments Account account has been either approved or deemed ineligible for use of the Payments ServicesService. By accepting the terms of this Agreement, you are providing us with authorization to retrieve information about you by using third parties, including credit bureaus and other information providers. You acknowledge that such information retrieved may include your name, address history, credit history, and other data about you. We may periodically update this information to determine whether you continue to meet the eligibility requirements for a Payments Service Account. You agree that SMARTPAYMENTS Shopify is permitted to contact and share information about you and your application (including whether you are approved or declined), and your Payments Service Account with Processorthe payment processor, including Xxxxx Fargo. This includes sharing information: information (ia) about Transactions your transactions for regulatory or compliance purposes; , (iib) for use in connection with the management and maintenance of the Payments Services; Service, (iiic) to create and update our and their customer records about you, you and to assist us and them in better serving you; and, and (ivd) to conduct our and their Shopify’s risk management process.