Chargeback Settlement Fee Clause Samples
Chargeback Settlement Fee when a Chargeback is received relating to a payment. To cover the cost of processing Chargebacks, PayPal assesses a Settlement Fee to sellers for credit and debit card payment Chargebacks. (A Chargeback may occur when a buyer rejects or reverses a charge on his or her card through the card issuer). The Chargeback Settlement Fee is payable only once by Skype if multiple Chargebacks are received for the same payment transaction. The Chargeback Settlement Fee is not payable for a Chargeback issued against a payment which had already been reversed before the Chargeback was received. If Skype wins a Chargeback dispute, the Chargeback Settlement Fee is still payable, however, this Fee does not apply if the transaction is covered by PayPal’s Seller Protection Programme. The Chargeback Settlement Fee is as follows and is based on the currency received as follows: Argentine Peso: [***] ARS Australian Dollar: [***] AUD Brazilian Real: [***] BRL Canadian Dollar: [***] CAD Czech Koruna: [***] CZK Danish Koruna: [***] DKK Euro: [***] EUR Hong Kong Dollar: [***] HKD Hungarian Forint: [***] HUF Israeli Shekel: [***] ILS PAYPAL PAYMENT PROCESSING AGREEMENT PAGE 5 Japanese Yen: [***] JPY Mexican Peso: [***] MXN New Zealand Dollar: [***] NZD Norwegian Krone: [***] NOK Philippine Peso: [***] PHP Polish Zlotych: [***] PLN Singapore Dollar: [***] SGD Swedish Krona: [***] SEK Swiss Franc: [***] CHF Taiwan New Dollar: [***] TWD Thai Baht: [***] THB U.K. Pounds Sterling: [***] GBP U.S. Dollar: [***] USD 6 Sending Payments through PayPal Mass Payments [***] (a maximum payment cap per payment applies as follows, based on payment currency): PAYPAL PAYMENT PROCESSING AGREEMENT PAGE 6 7 Authorisation Fee: for each successful but uncaptured authorisation transaction via the Direct Payment API or Virtual Terminal This fee will not be payable if: (a) in the scope of offering a trial or a promotion for a commercial Skype product (such as a subscription but not limited to a subscription), where Skype needs to verify the account/payment card (such a card that is processed by PayPal as part of PayPal Website Payments Pro) at the time of giving the trial or promotion and the user will be charged at a later time. Authorisation will be cancelled/voided by Skype after the verification. (b) in the scope of allowing to change the funding source or to set a backup funding source for a recurring payment agreement (such as a subscription but not limited to a subscription), where Skype requires to ver...
