Common use of Sending Payments Clause in Contracts

Sending Payments. The Services are designed for you to send money to another User, either at your initiation or in response to that User’s request for money. You may initiate three types of payments using our Site: (i) a one-time Payment Instruction to a Receiver for which processing shall be initiated immediately via the Zelle Service; (ii) a one-time Payment Instruction to a Receiver for which processing shall be initiated at a specified date up to one (1) year later; and (iii) a recurring series of Payment Instructions to a Receiver for which processing shall be initiated on certain specified dates. Further details about each of these options can be found on the Site.

Appears in 3 contracts

Sources: Zelle and Other Payment Services Terms Agreement, Zelle and Other Payment Services Terms Agreement, Zelle and Other Payment Services Terms Agreement