Common use of % Convenience Fee Clause in Contracts

% Convenience Fee. Tenant may, for convenience, make payments by Visa or MasterCard credit or debit card or by ACH transfer via the resident portal (each, an “Electronic Payment”). Tenant may be required to pay a Convenience Fee, to the extent permitted by applicable law, when making an Electronic Payment. The Convenience Fee, while subject to change, is 2.95% of the payment for credit card transactions, 0.75% of the payment for debit card transactions, and $0.75 for ACH payments made online. Landlord reserves the right to take certain actions in the event that an Electronic Payment cannot be collected for any reason, including, but not limited to, insufficient funds or invalid account or bank information. Such action includes any action allowed by law.