Common use of Processing Services Clause in Contracts

Processing Services. 4.2.1 The Givex Platform enables Merchant to connect Merchant’s website(s) and Merchant Payment Account to Payment Cards (online or in-person), and/or other payment processing methods provided by the Processor, enabling Merchant to receive and accept payments from Customers for Merchant’s goods and services, in transactions carried out through and on Merchant’s website(s), the Givex Platform, or otherwise (each, a “Transaction”). 4.2.2 Merchant hereby fully authorizes Givex to enable the Processing Services, submit Transactions, debit the Merchant Payment Account, make necessary decisions regarding the Processing Services. 4.2.3 The Processing Services are provided by Processor, its Affiliates, and the acquiring bank. In order to use the GivexPay Services, Merchant, in addition to satisfying the other requirements detailed herein, hereby consents to and agrees to be bound by the Processor Terms and Conditions located at ▇▇▇▇▇://▇▇▇.▇▇▇▇▇.▇▇▇/legal/terms-and- conditions (the “Processor Terms”), which are hereby incorporated by reference. For further details about the Processor and the acquiring bank, please review the Processor Terms. In providing the GivexPay Services and enabling ▇▇▇▇▇▇▇▇’s use of the Processing Services with Adyen N.V. as the Processor, Givex is acting as an agent of the acquiring bank. However, Givex is not a party to the Processor Terms and is not liable to Merchant with respect to any Processing Services, which are provided solely by the Processor.

Processing Services. 4.2.1 The Givex Platform enables Merchant to connect Merchant’s website(s) and Merchant Payment Account to Payment Cards (online or in-person), and/or other payment processing methods provided by the Processor, enabling Merchant to receive and accept payments from Customers for Merchant’s goods and services, in transactions carried out through and on Merchant’s website(s), the Givex Platform, or otherwise (each, a “Transaction”). 4.2.2 Merchant hereby fully authorizes Givex to enable the Processing Services, submit Transactions, debit the Merchant Payment Account, make necessary decisions regarding the Processing Services. 4.2.3 The Processing Services are provided by Processor, its Affiliates, and the acquiring bank. In order to use the GivexPay Services, Merchant, in addition to satisfying the other requirements detailed herein, hereby consents to and agrees to be bound by the Processor Terms and Conditions located at ▇▇▇▇▇://▇▇▇.▇▇▇▇▇.▇▇▇/legal/terms-and- and conditions (the “Processor Terms”), which are hereby incorporated by reference. For further details about the Processor and the acquiring bank, please review the Processor Terms. In providing the GivexPay Services and enabling ▇▇▇▇▇▇▇▇’s use of the Processing Services with Adyen N.V. as the Processor, Givex is acting as an agent of the acquiring bank. However, Givex is not a party to the Processor Terms and is not liable to Merchant with respect to any Processing Services, which are provided solely by the Processor.