Authorisation for Payment Clause Samples
The 'Authorisation for Payment' clause establishes the conditions under which one party is permitted to make or request payments under the agreement. Typically, this clause outlines the process for obtaining necessary approvals before funds are disbursed, such as requiring written consent from a designated representative or submission of supporting documentation like invoices. Its core function is to ensure that payments are properly controlled and authorized, reducing the risk of unauthorized or erroneous transactions.
Authorisation for Payment. When We receive an offer by credit or debit card, We obtain an authorisation from the Buyer's credit or debit card equal to the price, booking fees and delivery fee for the tickets (each as stated on the Site from time to time). We will also add VAT on our fees as applicable. The authorisation will remain on the Buyer's credit or debit card until the sale is completed or the order is cancelled. When We receive an offer by bank transfer, We will check to see if the bank account is valid.
Authorisation for Payment. 4.1 By utilising the Services, you authorise the Company to charge your Registered Card for all charging sessions recorded on our billing system or by Stripe. This includes, but is not limited to, any Transaction Fees that were not collected whether due to technical difficulties with our payment processing systems or otherwise. In the event that the Transaction Fees have not been processed for whatever reason(s), you expressly authorise the Company to debit / retry your Registered Card at a later date for the uncollected Transaction Fees (“Payment Retry”). You agree that your authorisation for Payment Retry will remain in effect until all Transaction Fees are fully collected by the Company.
4.2 The Company will notify you via email prior to any Payment Retry being made. The Payment Retry will appear on your bank statement as a ▇ ▇ ▇▇▇▇▇▇ payment.
4.3 If you have any questions or disputes regarding any Payment Retry, you must contact the Company at ▇▇▇▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇.▇▇.▇▇ within 14 days of the Payment Retry date. The Company will make reasonable efforts to address and resolve any issues promptly.