Common use of ACH Payments Clause in Contracts

ACH Payments. This Agreement is subject to Article 4A of the Uniform Commercial Code (“UCC”). By agreeing to this Agreement, if you have provided us your Account (as defined below) information, you authorize us, acting directly or indirectly on behalf of or through, any third party administrator, health care coalition, health plan carrier, or other third party carrier or payer (each a “Third Party Payer”), or any individual consumer or other person (an “Individual Payer” and collectively “Payers”), to credit or debit the account(s) listed on your Enrollment Form (the “Account” or “Accounts”) in connection with processing transactions between you and any Payer(s). We may rely upon Account information and identifying numbers provided by you on the Enrollment Form to receive payment. We may rely on the routing and account numbers you provided even if they identify a Bank accounts. You represent and warrant that (a) you are the owner of each of the Accounts and (b) none of the Accounts is or will be used primarily for personal, family or household purposes. Disclosures of information to others. We may disclose information to third parties about you and your Account(s) and transactions as follows: (i) pursuant to agreements with third parties that assist us in the provision of EPS Services; (ii) to verify the existence and condition of an Account; and (iii) as otherwise necessary for us to provide services or facilitate payments to you. Virtual payment card; processing fees. If you have elected to receive payments by prepaid virtual payment (“Virtual Card”), you agree: (i) that such election constitutes your consent for any Payers, including but not limited to, Third Party Payers and Individual Payers, to make payments to you by Virtual Card; (ii) that mailing of the Virtual Card constitutes payment for purposes of a Payer’s compliance with applicable law; (iii) to only process Virtual Card payments using your systems; and (iv) that use of the Virtual Card is subject to and you will comply with the Virtual Card terms and conditions that accompany the Virtual Card. You acknowledge that by processing a Virtual Card payment, you are subject to the terms and conditions governing card processing between you and your card service processor and that you are responsible for any charges and related third party fees, including interchange, merchant discount, or other card processing fees that may be imposed as a result of processing a Virtual Card payment through a card processor.

Appears in 3 contracts

Sources: Eps Eft Enrollment Authorization Agreement, Enrollment Authorization Agreement, Eps Eft Enrollment Authorization Agreement