Examples of Payment Mechanism in a sentence
Both the Parties agree that each Party shall be responsible for its own costs and be responsible for providing and maintaining all necessary equipment’s and facilities at their respective ends so as to connect to SIB’s platform for the purpose of providing the Payment Xxxxxxxxx.Xx enable the Services under this Agreement, the Merchant would require integrating the Merchant Site and/or with the Merchant’s billing system to SIB Site and/ or Payment Mechanism.
After mutual discussion with the Merchant, SIB shall be entitled to modify the mode of payment and the payment procedure mentioned above and shall be also entitled to modify its Payment Mechanism from time to time in such manner as it may deem fit.
The Merchant hereby agrees to permit Customer to utilize the Payment Mechanism for making payment for Product purchased by the Customer on the Merchant Site.
SIB reserves the right, but shall not be obliged, to make changes, enhancements, and/or modifications to the Services offered by SIB from time to time including, without limitation, the development of updates, patches, upgrades and/or the procurement of new releases of any software or the Internet Payment Gateway or any changes in Payment Mechanism.
SIB may accordingly modify the Payment Mechanism in such manner as may be deemed fit by SIB.