Common use of Returned Payment Clause in Contracts

Returned Payment. If a payment rejects or is returned, you authorize us and/or the third party processor (at our or its sole option and discretion) to (i) notify you, (ii) resend payment, (iii) re-credit the payment account if payment amount has been debited or (iv) take other action deemed appropriate by us and/or the third party processor.

Appears in 3 contracts

Sources: Mytrustmark® Agreement, Mytrustmark® Agreement, Mytrustmark® Agreement