Common use of Information Verification Clause in Contracts

Information Verification. You may not be permitted to participate in the Service if we cannot verify your identity, financial condition, creditworthiness, or other necessary information. By entering into the Agreement, you authorize us, directly or through third parties, to make inquiries necessary to validate your identity, financial condition, or creditworthiness, including, but not limited to: i. Requiring you to confirm ownership of an e-mail address and Payment Account; ii. Ordering a credit report; iii. Verifying your information against third party databases or through other sources; and iv. Undertaking any other action necessary to verify your information. We may also obtain financial information regarding the Payment Account from a financial institution or from anyone you pay through or are paid by the Service. Notwithstanding any steps taken to verify such information, you hereby represent and warrant on behalf of yourself and any person or organization for which you act that you have the right, power and authority to conduct and authorize transactions you make pertaining to the Payment Account and that all information you provide to us is complete, accurate, and up to date. In the event that we are unable to verify you, the information provided, or an accuracy check against our information shows you are not an authorized signer on the account we may take corrective actions including holding payments, cancelling payments, and cancelling your service.

Appears in 2 contracts

Sources: Cash Flow Insight Payables, Receivables and Accounting Software Sync Service Agreement, Cash Flow Insight Payables, Receivables and Accounting Software Sync Service Agreement