Authorised Payment definition
Examples of Authorised Payment in a sentence
For modifications related to Authorised Payment Services, Stripe will notify you as Law requires.
As the provider of Authorised Payment Services, Stripe PSP will be the only Stripe party liable to you for collecting payment proceeds from Transactions on your behalf, safeguarding those proceeds, and settling those proceeds to your User Bank Account or as you otherwise direct.
To the extent the Services are Authorised Payment Services, Stripe PSP is the only provider of those Services.
You acknowledge and agree that, in respect of the Authorised Payment Services, Stripe’s customers are the Stripe Issuing Accountholders and not you or any Card Authorised Users (who will be acting under the authority of the Stripe Issuing Accountholder).
In this Annex 1: We, means the company Pay360 Limited whose company number is 03539217) with its principal place of business at ▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, London, EC2V 7NQ and who is authorised by the Financial Conduct Authority (FCA) of the UK as an Authorised Payment Institute with Firm Registration Number.
You acknowledge that, in respect of each Authorised Payment, the obligation to interchange and make settlement payment for Authorised Payments to your bank for your benefit and Authorised Refunds to the Accountholder's Account for the benefit of the Accountholder, is your bank’s and the Acountholder Bank’s obligation, in accordance with the rules of Payments NZ Limited.
If an Authorised Payment is effected during a Settlement Period which ends on a Saturday, a Sunday and/or a public holiday, settlement will usually take place on the next Business Day.
In this Annex 1: We, means the company PayFac Limited whose company number is 03539217) with its principal place of business at ▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, London, EC2V 7NQ and who is authorised by the Financial Conduct Authority (FCA) of the UK as an Authorised Payment Institute with Firm Registration Number.
Should an Authorised Payment be effected during a Settlement Period which ends on a Saturday, a Sunday and/or a public holiday, settlement will usually take place on the next Business Day.
Bank-related information is available on the Register of Authorised Payment Institutions [Licencēto maksājumu iestāžu reģistrs] maintained by the FCMC.