Disputes and Chargebacks. 11.1 You agree that in the event of a Chargeback , Yoco may — 11.1.1 withhold the full value of the Chargeback amount in the Reserve Account, subject to clause 11.2; 11.1.2 adjust the fees set out in the Fee Schedule; 11.1.3 delay the payment of any payo uts into your Bank Account; 11.1.4 terminate, modify or suspend your access to the Services; and/or 11.1.5 debit the amount of a ny Chargeback and any associated fees, fines, or penalties applicable or imposed by any Association or any Third Party Service Provider from your Merchant Account (including without limitation any Reserve Account), any pay outs due to you .
Appears in 1 contract
Sources: Merchant Agreement
Disputes and Chargebacks. 11.1 You agree that in the event of a Chargeback Chargeback, Yoco may —–
11.1.1 withhold the full value of the Chargeback amount in the Reserve Account, subject to clause 11.2;
11.1.2 adjust the fees f ees set out in the Fee Schedule;
11.1.3 delay the payment of any payo uts payouts into your Bank Account;
11.1.4 terminate, modify or suspend your access to the Services; and/orand/ or
11.1.5 debit the amount of a ny any Chargeback and any associated feesf ees, finesf ▇▇▇▇, or penalties applicable or imposed by any Association or any Third Party Service Provider from your Merchant Account (including without limitation any Reserve Account), any pay outs payouts due to you you.
Appears in 1 contract
Sources: Merchant Agreement