Common use of Excessive Chargebacks Clause in Contracts

Excessive Chargebacks. Excessive Chargebacks are a breach of this MMA and cause for, at our option, suspension of Services, termination of this MMA, and assessment of an additional Excess Chargeback fee. "Excessive Chargebacks" means for any one of your terminal identification numbers or Merchant Account Numbers: (a) any number of Chargebacks in excess of one (1) in any monthly period; (b) any Chargebacks in any monthly period which exceed a Chargeback to Transaction Ratio of 1/100 (one percent) ; (c) ACH returns and/or retrieval requests in excess of 1% of the average monthly dollar amount of transactions or returns in excess of 3% of the average monthly dollar amount of transactions; (d) processing a transaction above the processing limits or amounts approved by us; or (e) processing any transaction that violates the AUP, Medfusion Policies or is otherwise prohibited by the MMA. You authorize us, upon the occurrence of Excessive Chargeback, to take additional actions we may deem necessary, including, but not limited to, termination or suspension of Services or creation or maintenance of a Reserve Account in accordance with this MMA. You acknowledge and agree that Provider may be required to report your name to law enforcement, or one or more card or payment associations for inclusion into VISA Terminated Merchant File, MasterCard MATCH, or any other prohibited merchant list in the event of fraud, Chargebacks, Excessive Chargebacks, or if we terminate your access to Services. You agree to such reporting and waive any claims, which you may raise against Provider as a result of such reporting. Provider, at its sole discretion may report incidents of fraud, counterfeit paper, unauthorized transactions, Chargebacks, Excessive Chargebacks or highly suspect activity to law enforcement and any other third party, including but not limited to the card or payment networks.

Excessive Chargebacks. Excessive Chargebacks are a breach of this MMA Agreement and cause for, at our option, suspension of Services, for immediate termination of this MMA, and assessment of an additional Excess Chargeback fee. "Excessive Chargebacks" means means: chargebacks during any monthly period and for any one of your terminal identification numbers or Merchant Account Numbers: (a) any number of Chargebacks in excess of one (1) in any monthly period; (b) any Chargebacks in any monthly period which exceed a Chargeback to Transaction Ratio of 1/100 (one percent) ; (c) ACH merchant identification numbers, Chargebacks, bank account debit returns and/or retrieval requests in excess of 1% of the average monthly dollar amount of transactions or returns in excess of 3% of the average monthly dollar amount of transactions; (d) transactions or processing a an average transaction above the processing limits or amounts amount approved by us; or (e) processing any transaction that violates the AUP, Medfusion Policies or is otherwise prohibited by the MMA. You authorize us, upon the occurrence of Excessive Chargeback, to take additional actions we may deem necessary, including, but not limited to, termination or suspension of Services or creation or maintenance of a Reserve Account in accordance with this MMAAgreement. You acknowledge and agree that Provider Intuit may be required to report your name to law enforcement, or one or more card or payment associations for inclusion into VISA Terminated Merchant File, MasterCard MATCH, or any other prohibited merchant list in the event of fraud, Chargebacks, Excessive ChargebacksChargeback, or if we terminate your access to Services. You agree to such reporting and waive any claims, which you may raise against Provider Intuit as a result of such reporting. ProviderIntuit, at its sole discretion may report incidents of fraud, counterfeit paper, unauthorized transactions, Chargebacks, Excessive Chargebacks or highly suspect activity to law enforcement and any other third party, including but not limited to the card or payment networks.