Zelle and Other Payment Services definition

Zelle and Other Payment Services means the Zelle Payment Service and the Other Payment Services.
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Zelle and Other Payment Services means the Zelle Payment Service and the Other Payment Services. The Zelle and Other Payment Services enable you: • to initiate a Payment Instruction from an Eligible Account to an account at a U.S. financial institution; and/or • to receive a payment from another User into an Eligible Account, in U.S. dollars. All payments and receipts of payments must be made through the Website or the Mobile Application and are subject to the terms of this Ally Bank Online Banking Services Agreement (these “Terms”) and applicable laws and regulations, in each case as in effect from time to time. In some instances, receipt of payments may be made through other locations besides our mobile application or Website, such as: • the Zelle Pay Web site at xxxx://xxx.xxxxxxxx.xxx or • the Zelle mobile handset application ("Zelle Standalone Locations") and if you choose to initiate or receive a payment at a Zelle Standalone Location you acknowledge and agree that you shall be subject to the terms of other agreements, including, but not limited to, the "terms of use" for the Zelle Standalone Locations and applicable laws and regulations, in each case as in effect from time to time. Subject to these Terms, the Zelle and Other Payment Services are generally available 24 hours, seven days a week with the exception of outages for maintenance and circumstances beyond our or Zelle’s control. Live customer service generally will be available Monday through Friday, excluding U.S. bank holidays. The Zelle Payment Service allows for the delivery of payments to Receivers who are also enrolled in the Zelle Payment Service through a Payment Network designed to deliver payments on the same day and potentially within minutes, although actual speed will vary, as described below. The Zelle and Other Payment Services are not instantaneous. Payment delivery speed and funds availability may vary based upon the fraud, risk and other funds availability policy of each financial institution and Payment Network availability. We are not responsible for the performance, speed, or other acts or omissions of the Payment Networks that may be involved in the transmission of a payment. We shall not be obligated to comply with the Automated Clearinghouse (ACH) Rules in such recovery efforts or otherwise in connection with Zelle and Other Payments unless the applicable transaction is transmitted through the ACH network. We are only responsible for delivery of the applicable Payment Instructions to the applicable Pa...
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Zelle and Other Payment Services means the person-to-person payment services described in and provided under the terms of this Agreement. Other terms may be defined elsewhere within this Agreement.
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Examples of Zelle and Other Payment Services in a sentence

  • In using the Zelle and Other Payment Services, you understand that Receivers may reject Payment Instructions or otherwise return payments only if the Receiver is not enrolled in Zelle.

  • You are responsible for paying all fees associated with your use of the Zelle and Other Payment Services.

  • Applicable fees will be disclosed in the user interface for, or elsewhere within, the Zelle and Other Payment Services or Site.

  • You understand that use of the Zelle and Other Payment Services by you shall at all times be subject to (i) this Agreement, and (ii) your express authorization at the time of the transaction for us or another Network Financial Institution to initiate a debit entry to your bank account.

  • You consent to the receipt of emails or text messages from us, from Zelle, from other Users that are sending you money or requesting money from you, and from other Network Financial Institutions or their agents regarding the Zelle and Other Payment Services or related transfers between Network Financial Institutions and you.

  • When you give someone your password or other means to access your account through which you access the Zelle and Other Payment Services, you are authorizing that person to use your service, and you are responsible for all transactions that person performs while using your service.

  • The Zelle and Other Payment Services are intended for personal, not business or commercial use.

  • You agree that you will not use the Zelle and Other Payment Services to send or receive payments in connection with your business or commercial enterprise.

  • We reserve the right to decline your enrollment if we believe that you are enrolling to use the Zelle and Other Payment Services with your business account or to receive business or commercial payments.

  • The term “Zelle and Other Payment Terms” means these Zelle and Other Payment Services Additional Terms.

Related to Zelle and Other Payment Services

  • Cash Management Services means any cash management or related services including treasury, depository, return items, overdraft, controlled disbursement, merchant store value cards, e-payables services, electronic funds transfer, interstate depository network, automatic clearing house transfer (including the Automated Clearing House processing of electronic funds transfers through the direct Federal Reserve Fedline system) and other cash management arrangements.

  • Ancillary Services means those services that are necessary to support the transmission of capacity and energy from resources to loads while maintaining reliable operation of the Transmission Provider’s Transmission System in accordance with Good Utility Practice. Applicable Laws and Regulations:

  • Services Fees means the agreed upon fees in an Order for the Services Offerings.