Account Payments. Account Payments are paid by Customer to Company. If necessary, Company shall arrange for collection of unpaid account payments by a third-party debt collector. Account Payments will first be distributed to Company to pay any fees, including the Merchant Transaction Fee, and then the balance to Merchant. Company may directly deduct funds from a Merchant account for payments such as fees, subscriptions, or over-payments.
Appears in 2 contracts
Sources: Merchant Agreement, Merchant Agreement