P2P Service definition

P2P Service means the Zelle® Payment Service or Other Payment Services, depending on which service is being used, and “P2P Services” means, collectively, the Zelle® Payment Service and Other Payment Services. • “Receiver” means a person that is sent a Payment Instruction through the P2P Services.

P2P Service means the P2P service powered by Acculynk that allows a Sender to send funds to Recipient. “P2P Service Provider” is Acculynk a company that arranges for person-to-person payments to customers of any U.S. financial institution.

P2P Service means the P2P service powered by a third-party service provider acting as agent for FNCU that allows a Sender to send funds to Recipient.

Examples of P2P Service in a sentence

• Subject to obligations under applicable laws and regulations, neither we nor Zelle® shall have liability to you for any transfers of money using any P2P Service or the External Transfer Service, including without limitation, (i) any failure, through no fault on our part or on the part of Zelle®, to complete a transaction in the correct amount, or (ii) any related losses or damages.

• When you enroll to use a P2P Service or when you permit others whom you have authorized to act on your behalf to use or access a P2P Service, you agree to the terms and conditions of that P2P Service, as set forth in this Agreement.

• By using a P2P Service, you authorize us to initiate credit entries to the Eligible Account you have enrolled.

• You agree that you will not authorize a third party to use the P2P Services or share your credentials with a third party to use the P2P Service on your behalf except in legally authorized situations such as legal guardianship or pursuant to a power of attorney.

• We further reserve the right to suspend or terminate your use of a P2P Service if we believe that you are using the P2P Service for any unlawful purpose.

• Neither we nor Zelle® shall be liable for any typos or keystroke errors that you may make when using any P2P Service or the External Transfer Service.

• You further agree to comply with and to be bound by any terms or instructions set forth in any on-screen help or instructional material we provide in connection with the P2P Service.

• Further details about each of these options can be found in the P2P Service application in our Online Banking Service website or within our mobile banking application.

• You release us and our affiliates, and our and our affiliates’ respective employees and contractors, from any and all claims, demands and damages (actual and consequential) of every kind and nature arising out of or in any way connected with any dispute that may arise between you any other person using any P2P Service or the External Transfer Service.

• It is the responsibility of the Sender and the Receiver to ensure the accuracy of any information that they enter into the P2P Service (including but not limited to the Payment Instructions and name, telephone number and/or email address for the Receiver to whom you are attempting to send a payment), and for informing us as soon as possible if they become aware that this information is inaccurate.

More Definitions of P2P Service

P2P Service. The Google Wallet Service facilitating peer to peer payment transactions.

P2P Service means the Service described in this Section 6.c. The Online Person-to-Person Payment Service allows a “Sender” to “Transfer” funds to a “Recipient” through electronic means. “Recipient” means the cardholder to whom the Sender Transfers funds. “Sender” is the Velocity cardholder that Transfers funds to another person through the Online Person-to-Person Payment Service. “Transfer” means an electronic movement of funds from an Account at Velocity to an account of another party by means of the Online Person-to-Person Payment Service, and “Transfer Instructions” means the information that you provide when using the Online Person-to-Person Payment Service. Finally, as used in this Section 6.c, the term “Service Provider” means Acculynk, a company that arranges for person-to-person payments to customers of any U.S. financial institution, and “Site” means the Service Provider’s electronic location accessed by a user through a mobile phone, computer or other access device.

P2P Service means the service powered by Popmoney allows you to send funds to an outside e-mail or cell phone number.

P2P Service means the service that allows you to send funds to an outside e-mail or cell phone number.

P2P Service or "Send Money,"or "FCCU Pay"means the person-to-person service powered by Acculynk that allows a Sender to send funds to Recipient.