Common use of Merchant Processing Delay Clause in Contracts

Merchant Processing Delay. When you send a payment to certain Merchants, you are providing an Authorization to the Merchant to process your payment and complete the transaction. The payment will be held as pending until the Merchant processes your payment. Some Merchants may delay processing your payment. In such an instance, your Authorization will remain valid for up to 30 Days. If your payment requires a currency conversion, the exchange rate will be determined at the time the Merchant processes your payment and completes the transaction.

Appears in 11 contracts

Samples: Service Agreement, www.paypalobjects.com, www.paypalobjects.com

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Merchant Processing Delay. When you send a payment to certain Merchants, you are providing an Authorization to the Merchant to process your payment and complete the transaction. The payment will be held as pending until the Merchant processes your payment. Some Merchants may delay processing your payment. In such an instance, your Authorization will remain valid for up to 30 Days. If your payment requires a currency conversion, the exchange rate (which includes a Currency Conversion Fee) will be determined at the time the Merchant processes your payment and completes the transaction.

Appears in 2 contracts

Samples: Paypal User Agreement, Globepay User Agreement

Merchant Processing Delay. When you send a payment to certain Merchants, you are providing an Authorization to the Merchant to process your payment and complete the transaction. The payment will be held as pending until the Merchant processes your payment. Some Merchants may delay processing your payment. In such an instance, your Authorization will remain valid for up to 30 Days. If your payment requires a currency conversion, the exchange rate rate, which will include the Currency Conversion spread described in Section 8 (Fees), will be determined at the time the Merchant processes your payment and completes the transaction.

Appears in 1 contract

Samples: consumerist.com

Merchant Processing Delay. When you send a payment to certain Merchants, you are providing an Authorization to the Merchant to process your payment and complete the transaction. The payment will be held as pending until the Merchant processes your payment. Some Merchants may delay processing your payment. In such an instance, your Authorization will remain valid for up to 30 Days. If your payment requires a currency conversion, the exchange rate will be determined at the time the Merchant processes your payment and completes the transactiontransaction in terms of Section 5.4 below.

Appears in 1 contract

Samples: User Agreement

Merchant Processing Delay. When you send a payment to certain Merchants, you are providing an Authorization to the Merchant to process your payment and complete the transaction. The payment will be held as pending until the Merchant processes your payment. Some Merchants may delay processing maydelayprocessing your payment. In such an instance, your Authorization will remain valid for up to 30 Days. If your payment requires a currency conversioncurrencyconversion, the exchange rate rate, will be determined at the time the Merchant processes your payment and completes the transaction.

Appears in 1 contract

Samples: Policy Updates

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Merchant Processing Delay. When you send a payment to certain Merchantsmerchants, you are providing an Authorization to the Merchant merchant to process your payment and complete the transaction. The payment will be held as pending until the Merchant merchant processes your payment. Some Merchants merchants may delay processing your payment. In such an instance, your Authorization will remain valid for up to 30 Days. If your payment requires a currency conversion, the exchange rate amount of the Exchange Rate & Fee (per section 8) will be determined at the time the Merchant merchant processes your payment and completes the transaction.

Appears in 1 contract

Samples: User Agreement for Paypal™ Service

Merchant Processing Delay. When you send a payment to certain Merchantsmerchants, you are providing an Authorization to the Merchant merchant to process your payment and complete the transaction. The payment will be held as pending until the Merchant merchant processes your payment. Some Merchants merchants may delay processing your payment. In such an instance, your Authorization will remain valid for up to 30 Days. If your payment requires a currency conversion, the amount of the exchange rate (which includes a Currency Conversion Fee) will be determined at the time the Merchant merchant processes your payment and completes the transaction.

Appears in 1 contract

Samples: User Agreement

Merchant Processing Delay. When you send a payment to certain Merchants, you are providing an Authorization to the Merchant to process your payment and complete the transaction. The payment will be held as pending until the Merchant processes your payment. Some Merchants may delay processing your payment. In such an instance, your Authorization will remain valid for up to 30 Days. If your payment requires a currency conversion, the exchange rate rate, which will include the Currency Conversion Fee described in Section 8 (Fees), will be determined at the time the Merchant processes your payment and completes the transaction.

Appears in 1 contract

Samples: Paypal User Agreement

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