Payment transaction Sample Clauses

Payment transaction. A Payment Transaction is independent of the underlying civil or commercial obligation between the Client and the Payment Recipient. Paynovate therefore remains foreign to any civil or commercial dispute that may arise between the Client and the Beneficiary. A Payment Transaction may be initiated by the Client who gives a Payment Order (transfer) directly, by the Client who gives a Payment Order through the Beneficiary (card) or by the Beneficiary (direct debit).
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Payment transaction a transfer of the funds from the Client’s Account in the Bank and initiated by the Client.
Payment transaction the transfer of funds initiated by the Customer from the Account opened with the Bank.
Payment transaction. When you initiate a payment by entering the required details on OneBank, you explicitly consent and authorize us to make the payment to the recipient you have provided. It is your responsibility to check all details are accurate as Sterling cannot validate or check these details. If you are initiating payments related to purchasing, then the relationship for that purchase remains between you and the relevant supplier – Sterling is in no way responsible for that purchase, or any terms set by that supplier. If you think that a payment initiated through OneBank may have been incorrect, unauthorized, or not properly executed (perhaps due to delay or other error), then you need to: contact us immediately on xxxxxxxxxxxx@xxxxxxxx.xx so that we can investigate and stop the payment if possible.
Payment transaction deposit, transfer or withdrawal of funds initiated by the Payer, on behalf of the Payer or the Payee, regardless of the responsibilities of the Payer and the Payee underlying the operation;
Payment transaction. A payment transaction is an act initiated by a payer, on behalf of a payer or by a payee for the purpose of making payments or transfer- ring or withdrawing funds with no regard being taken to any underly- ing obligations between the payer and the payee. This could, for example, be an order for payment ortransfer from a payment account placed by the customer in Netbank, or by the payee pursuant to agreement with the customer.
Payment transaction an act, initiated by the payer or by the payee, of placing, transferring or withdrawing funds, irrespective of the payer’s and the payee’s underlying obligations on which the transaction is based.
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Payment transaction. 4.1 The Company has established a bank account ("Crowdinvesting Account") at Sparkasse Baden- Baden Gaggenau (hereinafter "Bank") for the execution of payments under this Investment Contract. Pending the successful completion of the Campaign (Clause 3.2), the Company requires the consent of FunderNation to make dispositions on the Crowdinvesting Account. The same shall apply in the case of the occurrence of the Condition Subsequent (Clause 3.2) up to the complete repayment of payments already made by the Funder to the Company.
Payment transaction. The processing of a payment through the Service that results in the debiting or charging of the Purchase Amount to a Buyer's Payment Instrument and the crediting of funds to a Seller. ● Product: Any merchandise, good or service that is listed for sale by a Seller that a Buyer may pay for using the Service. ● Purchase Amount: The amount of a Payment Transaction in any currency acceptable by KingsPay for the purpose of paying for a Product, and any related fees, taxes or shipping charges, as applicable. ● Service: The KingsPay Payments service, described in this Terms of Service, that facilitates the processing of Payment Transactions on behalf of a Seller. ● "KingsPay", "we", or "us": Kinging LLC
Payment transaction any act, initiated by the Cardholder or on its behalf or by the Merchant, which consist of debiting and transferring funds for the payment of the price of the Transaction, irrespective of any underlying obligation between the Cardholder and the Merchant. The Payment Transaction is initiated either with the simultaneous presence of the Cardholder and the Card at the Merchant (hereafter the “Card Present Payment Transaction”), or remotely via the internet or by use of any other means of communication that allows Transactions to be initiated remotely (hereafter the “Card Not Present Payment Transactions").
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