AMENDMENTS TO CARDS AND/OR PAYMENT CARD PROCESSING SERVICES. Amendments to Cards and/or Payment Card Processing Services. Fattmerchant or Member Bank may amend or delete Cards or Payment Card Processing Services listed in the Merchant Application by notifying Merchant in writing. All provisions of this Agreement shall apply to Cards or Payment Card Processing Services added to this Agreement. Fattmerchant shall notify Merchant of the fees to be charged for processing the additional Cards and Payment Card Processing Services. Acceptance by Merchant of a new approved Card as payment for a Payment Card Processing Transaction or continued use of Payment Card Processing Service after Fattmerchant or Member Bank has sent Merchant notice of an amendment shall constitute Merchant’s agreement to the amendment and the fees or charges related to these additions. Fattmerchant shall provide, and Sub-Merchant shall receive (if indicated in the Application), ACH (“eCheck Processing Services”). The eCheck Processing Services shall include Entries to Accounts maintained by Fattmerchant or at a financial institution (“Financial Institution”) initiated by Fattmerchant on behalf of Sub-Merchant by means of the ACH Network where standards, rules, and procedures are established by NACHA. Sub-Merchant agrees that pursuant to any such eCheck Processing Services it will be receiving under the terms of the Agreement, it will also be bound by the terms and conditions of this Appendix III. Sub-Merchant acknowledges that no other agreements or understandings pursuant to such eCheck Processing Services, unless otherwise stated by Fattmerchant, shall be applicable to the eCheck Processing Services. Fattmerchant shall, where necessary to provide an eCheck Processing Service, utilize the services of its chosen Financial Institution. returned to Sub-Merchant or that pursuant to the applicable Rules or
Appears in 2 contracts
Sources: Merchant Services Agreement for Sub Merchants, Merchant Services Agreement for Sub Merchants
AMENDMENTS TO CARDS AND/OR PAYMENT CARD PROCESSING SERVICES. Amendments to Cards and/or Payment Card Processing Services. Fattmerchant or Member Bank may amend or delete Cards or Payment Card Processing Services listed in the Merchant Application by notifying Merchant in writing. All provisions of this Agreement shall apply to Cards or Payment Card Processing Services added to this Agreement. Fattmerchant shall notify Merchant of the fees to be charged for processing the additional Cards and Payment Card Processing Services. Acceptance by Merchant of a new approved Card as payment for a Payment Card Processing Transaction or continued use of Payment Card Processing Service after Fattmerchant or Member Bank has sent Merchant notice of an amendment shall constitute Merchant’s agreement to the amendment and the fees or charges related to these additions. Fattmerchant shall provide, and Sub-Merchant shall receive (if indicated in the Application), ACH (“eCheck Processing Services”). The eCheck Processing Services shall include Entries to Accounts maintained by Fattmerchant or at a financial institution (( “Financial Institution”) initiated by Fattmerchant on behalf of Sub-Merchant by means of the ACH Network where standards, rules, and procedures are established by NACHA. Sub-Merchant agrees that pursuant to any such eCheck Processing Services it will be receiving under the terms of the Agreement, it will also be bound by the terms and conditions of this Appendix III. Sub-Merchant acknowledges that no other agreements or understandings pursuant to such eCheck Processing Services, unless otherwise stated by Fattmerchant, shall be applicable to the eCheck Processing Services. Fattmerchant shall, where necessary to provide an eCheck Processing Service, utilize the services of its chosen Financial Institution. returned to Sub-Merchant or that pursuant to the applicable Rules or.
Appears in 1 contract
Sources: Merchant Services Agreement