Bill Payment Transaction definition

Bill Payment Transaction means instructions or transactions made through the Electronics Services system to authorize the Bank to debit any sum from the Applicant’s Account and transfer such sum to other person’s account for payment of goods or services pursuant to bill or invoice of the Applicant and/or other person, whether such bill or invoice is in whatever form.
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Examples of Bill Payment Transaction in a sentence

  • In addition, You authorize Us to obtain information regarding Your Bill Payment Transaction from a merchant or other Payee to resolve payment-pending problems.

  • You may initiate a Mobile Bill Payment Transaction to any new Payees that are not currently on your Payee list as established pursuant to our Bill Payment Service terms and conditions.

  • In addition, You authorize Us to obtain information regarding Your Home Banking transfer and/or Bill Payment Transaction from a merchant or other Payee to resolve payment-pending problems.

  • Company must also obtain explicit confirmation that the Cardholder understands and agrees that the funds will be immediately debited from their account upon approval of the Transaction, before submission of the PIN-less Bill Payment Transaction.

  • Company must display a clearly visible and conspicuous notice on the Internet Payment Screen of the imposition of any Convenience Fee or the payment of a rebate for a PIN-less Bill Payment Transaction prior to submitting the payment request from the Cardholder.

  • Company will not establish minimum or maximum PIN-less Bill Payment Transaction amounts.

  • Prior to entering into a PIN-less Bill Payment Transaction, Company must authenticate the Cardholder using information that is not commonly known, but is only known by the Cardholder and Company, such as the Cardholder’s account number with Company or information present on the Cardholder’s hard copy bill from Company.

  • Merchant shall not establish minimum or maximum PIN-less Bill Payment Transaction amounts.

  • In addition, you authorize us to obtain information regarding your Bill Payment Transaction from a merchant or other payee to resolve payment- pending problems.

  • Having avoided trouble and buying land, it is only natural to want to get started with building so that there are no encroachment issues as well as default in construction commencement, cropping up.

Related to Bill Payment Transaction

  • Payment Transaction means an act, initiated by the payer or on his behalf or by the payee, of placing, transferring or withdrawing funds, irrespective of any underlying obligations between the payer and the payee;

  • Exchange Transaction means an exchange of Units for Common Units pursuant to, and in accordance with, the Exchange Agreement or, if the Issuer and the exchanging Limited Partner shall mutually agree, a Transfer of Units to the Issuer, the Partnership or any of their subsidiaries for other consideration.