Common use of Existing Client Payment Processing Fees Clause in Contracts

Existing Client Payment Processing Fees. Clients who signed up to Upwork before the availability of the Client Membership Plans (“Existing Clients”) will maintain their existing payment processing and administration fee arrangements. If an Existing Client chooses to move to a Client Membership Plan, the Client will be subject to the payment processing and administrative fees associated with that Client Membership Plan (see Section 3.1) and will not be able to revert to their prior arrangement. Existing Clients who did not opt into the Flat Payment Processing Fee (defined below), pay Payment Processing Fees on the same terms as described under Section 3.1 except the fee is 2.75% instead of 3%. Eligible Existing Clients who previously elected to pay a payment processing fee of $25.00 for all payments in a monthly period (the “Flat Payment Processing Fee”) rather than the Payment Processing Fee for each payment remain eligible for the Flat Payment Processing Fee as described herein. To be eligible for the Flat Payment Processing Fee, a Client must: (a) have been a user of Upwork for at least 90 days and have elected to use the Flat Payment Processing Fees before the availability of the Client Membership Plans; (b) made payments of (i) at least $1,000.00 within the last year, and (ii) at least $25.00 more than 90 days ago; (c) have not had any late or defaulted payments in the prior 12 months; (d) have an Account in good standing, without violations of the Terms of Service; and (e) either (i) use a U.S. bank account as a Payment Method or (ii) have a billing address in Australia, Canada, United Kingdom, or a country that uses the Euro and pay for the Site Services in the local currency using a credit or debit card. Upwork reserves the right to make material modifications to the eligibility requirements for the Flat Payment Processing Fee at any time upon reasonable advance notice before the change becomes effective. Upwork may make modifications that are not material at any time, without advance notice. If you signed up for the Flat Payment Processing Fee on the Site but do not meet the above requirements for any given payment, the Payment Processing Fee of 2.75% will apply to that payment, in addition to the Flat Payment Processing Fee that will be charged to you for that month. The Payment Processing Fee for any given payment will not be credited towards your Flat Payment Processing Fee.

Existing Client Payment Processing Fees. Clients who signed up to Upwork before the availability of the Client Membership Plans (“Existing Clients”) will maintain their existing payment processing and administration fee arrangements. If an Existing Client chooses to move to a Client Membership Plan, the Client will be subject to the payment processing and administrative fees associated with that Client Membership Plan (see Section 3.1) and will not be able to revert to their prior arrangement. Existing Clients who did not opt into the Flat Payment Processing Fee (defined below), pay Payment Processing Fees on the same terms as described under Section 3.1 except the fee is 2.75% instead of 3%. Eligible Existing Clients who previously elected to pay a payment processing fee of $25.00 for all payments in a monthly period (the “Flat Payment Processing Fee”) rather than the Payment Processing Fee for each payment remain eligible for the Flat Payment Processing Fee as described herein. To be eligible for the Flat Payment Processing Fee, a Client must: (a) have been a user of Upwork for at least 90 days and have elected to use the Flat Payment Processing Fees before the availability of the Client Membership Plans; (b) made payments of (i) at least $1,000.00 within the last year, and (ii) at least $25.00 more than 90 days ago; (c) have not had any late or defaulted payments in the prior 12 months; (d) have an Account in good standing, without violations of the Terms of Service; and (e) either (i) use a U.S. bank account as a Payment Method or (ii) have a billing address in Australia, Canada, United Kingdom, or a country that uses the Euro and pay for the Site Services in the your local currency using a credit or debit card. Upwork reserves the right to make material modifications to the eligibility requirements for the Flat Payment Processing Fee at any time upon reasonable advance notice before the change becomes effective. Upwork may make modifications that are not material at any time, without advance notice. If you signed up for the Flat Payment Processing Fee on the Site but do not meet the above requirements for any given payment, the Payment Processing Fee of 2.75% will apply to that payment, in addition to the Flat Payment Processing Fee that will be charged to you for that month. For example, if you have a billing address in Canada but make a payment in U.S. Dollars rather than your local currency, the Payment Processing Fee of 2.75% will apply to that payment. The Payment Processing Fee for any given payment will also not be credited towards your Flat Payment Processing Fee.