Common use of Excessive Chargebacks Clause in Contracts

Excessive Chargebacks. At any point, IntegraPay, the Card Networks, or our payment processors may determine that you are incurring excessive Chargebacks. Card Networks typically consider Chargeback volume approaching 1% of your total processing volume to be excessive, although the level at which you are considered to have excessive Chargebacks may be more or less than that. Excessive Chargebacks may result in additional fees, penalties, or fines. Excessive Chargebacks may also result in (a) additional controls and restrictions put on your use of IntegraPay Payments, including without limitation a. changes to the terms of your Reserve Account b. increases to your applicable Fees, or c. delays in your Payout Schedule; or (b) possible suspension or termination of your IntegraPay Account and access to the IntegraPay Services. The Card Networks may also place additional controls or restrictions as part of their own monitoring programs for merchants with excessive Chargebacks

Appears in 1 contract

Sources: Terms of Service

Excessive Chargebacks. At any point, IntegraPaytime, the Card Networks, or our payment processors may determine that you are incurring excessive Chargebacks. Card Networks typically consider Chargeback volume approaching 1% of your total processing volume to be excessive, although the level at which you are considered to have excessive Chargebacks may be more or less than that. Excessive Chargebacks may result in additional fees, penalties, or fines. Excessive Chargebacks may also result in in (a) additional controls and restrictions put on your use of IntegraPay Citcon Payments, including without limitation a. , (i) changes to the terms of your Reserve Account b. , (ii) increases to your applicable Fees, or c. or (iii) delays in your Payout Schedule; or Schedule; or (b) possible suspension or termination of your IntegraPay Merchant Account and access to the IntegraPay our Services. The Card Networks or Providers may also place additional controls or restrictions as part of their own monitoring programs for merchants with excessive Chargebacks.

Appears in 1 contract

Sources: Merchant Processing Agreement