Electronic Payment definition

Electronic Payment payment by electronic means in same day cleared funds from an account held in the name of the Buyer’s Conveyancer at a clearing bank to an account in the name of the Seller’s Conveyancer.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Electronic Payment means the payment by or to the Client for the Transactions or other sums due and owing by or to the Client effected through telegraphic transfer, direct debit or any other electronic means offered by a Licensed Financial Institution;

Electronic Payment means a payment to or from the account made by any means other than cash or cheque;

Examples of Electronic Payment in a sentence

If any payment is returned unpaid or if any credit card or similar transaction is rejected or denied, Microsoft or its service providers reserve the right to collect any applicable return item, rejection or insufficient funds fee to the maximum extent permitted by applicable law and to process any such fees as an Electronic Payment or to invoice Customer for the amount due.
BY THIS AGREEMENT, in consideration of the Participant meeting the access criteria determined by the Service Provider and paying the fees and charges provided in this Agreement, the Service Provider agrees to provide to the Participant the services relating to a Real-Time Gross Settlement System known as the New MAS Electronic Payment and Book- Entry System.
The Electronic Payment Notice shall set forth the proper bank ABA number, account number and designation of the account to which such Electronic Payment shall be made.
In accordance with the law, Paynovate applies Strong Client Authentication when it: ● accesses the Client’s Online Payment Account; ● initiates an Electronic Payment Transaction; ● executes an Operation through a means of remote communication, which may involve a risk of fraud in payment or other fraudulent use.
If the account or other information specified in such form changes during the Term, Medical Practice shall provide Modernizing Medicine with a revised Electronic Payment Authorization Form in a timely manner so as to avoid incurring an Overdue Payment.

More Definitions of Electronic Payment

Electronic Payment means a payment which is initiated and processed using electronic means and specifically excludes paper based transac- tions such as cheques and banker’s drafts;

Electronic Payment means either an external transfer, a tax payment, or a future payment.

Electronic Payment means use of any form of payment processed through electronic means, including credit cards, debit cards, and automatic clearinghouse transactions.

Electronic Payment means any kind of payment by means of an electronic device;

Electronic Payment means a payment made by automated clearinghouse deposit, any funds wire transfer system or a credit card, debit card or electronic cash transaction through the internet;

Electronic Payment means the purchase of a parking permit through payment by debit or credit card facilitated on site or by remote verification through the use of a card reader, mobile phone text, telephone call or such other methods as are approved by the Council from time to time;

Electronic Payment means a payment transaction which is initiated and processed using electronic means and excludes any paper based transactions.

Filter & Search

Related Definitions