Mastercard RPPS Sample Clauses

Mastercard RPPS. (a) Mastercard RPPS. Bank agrees to provide you a license to use the Mastercard Remote Payment and Presentment Service, which consist of electronically sending or receiving End User Payments (“End User Payments”) and facilitating the clearing thereof, based on information provided by you and Mastercard, and will provide certain other related services as mutually agreed from time to time (collectively, “Mastercard RPPS”), subject to the satisfaction of any additional requirements imposed by Mastercard. The Mastercard RPPS may require the completion of application or enrollment forms and registering with Mastercard RPPS. If you want the Bank to transfer funds between your Account and accounts at other financial institutions in connection with the Mastercard RPPS, you acknowledge and agree to comply with the terms and conditions of Section 5, titled “ACH” and the Bank may require you agree to execute our applicable agreement for Third Party Senders which such agreement shall also apply to the Mastercard RPPS.