Merchant Account Terms and Conditions Sample Contracts
Merchant Account Terms and ConditionsMerchant Account Terms and Conditions • January 15th, 2025
Additional Collateral – non-interest bearing funds provided to us by the Merchant as a security (financial collateral) to guarantee payment of any and all debt or liability from the Merchant to us and/or the Payment Schemes such as, without limitation, unpaid MS Fees, Deductions such as Chargebacks, Assessments, and Refunds, or other potential debt or liability, including those arising out of or in connection with any Settlement services.