General provisions for receiving payments Clause Samples
The 'General provisions for receiving payments' clause outlines the fundamental rules and procedures governing how payments are to be received under the agreement. It typically specifies acceptable payment methods, timing, and any requirements for invoicing or documentation. For example, it may state that payments must be made via bank transfer within a certain number of days after receipt of an invoice. This clause ensures both parties have a clear understanding of payment expectations, reducing the risk of disputes or delays related to financial transactions.
General provisions for receiving payments. Receiving limits We may, at our discretion, impose limits on the amount and value of payments you can receive, including money you receive for purchases. To lift your receiving limit, you must follow the steps that we will notify to you or publish from time to time (which we may set out in your account overview). Rules about surcharging
General provisions for receiving payments. PayPal may allow anybody (with or without an account) to make a payment resulting in the issuance or transfer of electronic money to your account.
General provisions for receiving payments. PayPal may allow anybody (with or without an account) to make a payment resulting in the issuance or transfer of electronic money to your account. By integrating (including by having already integrated) into your online checkout/platform any functionality intended to enable a payer without a PayPal account to send a payment to your PayPal account, you agree to all further terms of use of that functionality which PayPal will make available to you on any page on the PayPal or Braintree website (including any page for developers and our Legal Agreements page) or online platform. Such further terms include the PayPal Alternative Payment Methods Agreement. The receipt of a payment into your account does not equate to the receipt of cleared funds. A notification that a payment has been sent to you does not amount to a receipt of electronic money in your account unless you have accepted the payment. We may allow you to accept payments in any currency supported by our Service from time to time. Where you (instead of PayPal) offer the payer at the point of sale a currency conversion of an amount you receive through PayPal, you will inform the buyer of the exchange rate and any charges that will be applied to the payment transaction. PayPal has no liability to any buyer if you fail to inform the buyer of the exchange rate and charges. You acknowledge that if you fail to disclose the exchange rate and charges to the buyer this may constitute a criminal offence by you. Any payment sent to you may be subject to a reversal, payment review, limitation, reserve or hold as allowed under this user agreement. We may, at our discretion, impose limits on the amount and value of payments you can receive, including money you receive for purchases. To lift your receiving limit, you must follow the steps that we will notify to you or publish from time to time (which we may set out in your account overview). Our new checkout solution consists of: • our dedicated bundled checkout capability in your online checkout/platform to enable a buyer with or without an account to send a payment to your account; and • our supporting Fraud Tool. We may offer you all, any part or any combination of parts of the new checkout solution as our new checkout solution service. If we offer you the new checkout solution and you choose to use it, in addition to this user agreement, you agree to the following further terms relating to the following capabilities: • the PayPal Alternative Payment Methods Agr...