Common use of Accepting Transactions Clause in Contracts

Accepting Transactions. FORTE shall process credit card, debit card and ACH Transactions on AGENCY’s behalf on a 24-hour basis. Transactions which are received before the daily designated cut- off time will be originated for settlement through the corresponding payment network. Transactions which are received after the designated cut-off time will be included in the next business day's settlement processing.

Appears in 7 contracts

Sources: Payment Processing Agreement, Payment Processing Agreement, Payment Processing Agreement

Accepting Transactions. FORTE shall process credit cardCredit Card, debit card Debit Card and ACH Transactions on the AGENCY’s behalf on a 24-hour basis. Transactions which are received before the daily designated cut- cut-off time will be originated for settlement through the corresponding payment networkPayment Network. Transactions which are received after the designated cut-off time will be included in the next business day's settlement processing.

Appears in 2 contracts

Sources: Payment Processing Agreement, Payment Processing Agreement