Payment Facilitation Services Clause Samples
Payment Facilitation Services. 5.1 Where You wish to charge End-Users of the Equipment, the following terms shall apply to the processing and reconciliation of payments made by End Users via the Egg App and/or Back-Office Platform:
5.1.1 where the contactless payment terminals have been installed on the Equipment, Egg will complete the registration of the contactless payment terminals with the manufacturer, which usually takes around 14 calendar days;
5.1.2 once the payment terminals are registered with the manufacturer, Egg will connect the terminals to the Back- Office Platform via API. Each payment terminal will be associated with the relevant unit and set to active;
5.1.3 the payment terminals will be registered to Back-Office Platform Provider’s MID account;
5.1.4 Egg will provide stickers containing QR codes and instructions on how End Users can either (i) download the Egg App in order to register a payment card and make payments through the Egg App or (ii) make a web based card payment via an online payment gateway;
5.1.5 You agree that Egg shall act as Your commercial agent in the conclusion of purchases made by End Users through the Egg App, and to collect the payments owed to You in respect of those purchases. You hereby approve the Egg App Customer Terms and Conditions (which shall be incorporated by reference into these Special Conditions) and agree to be bound thereby. You agree that You will be responsible for compliance with any obligations that the Egg App Customer Terms and Conditions state are for the owner of the Equipment and to indemnify and hold harmless Egg in respect of any claims made against Egg by End Users relating to such obligations, save where the claim arises wholly from a breach by Egg of the terms of the Agreement.
5.1.6 The Back-Office Platform shall process orders relating to the charging of electric vehicles made by End Users via the Back-Office Platform, and a notification of order acceptance shall be provided to the End User via the Egg App. You grant authority to Egg (and its agents, including the Back-Office Platform Provider) to receive payments for full settlement of the payment obligation from the users; and
5.1.7 each transaction processed via the Back-Office Platform shall be subject to the transaction fee set out in the Quotation and/or Order Form. Transactions and fees will be recorded in the Back-Office Platform and funds will be received into Your ‘Team Wallet’ (minus the relevant transaction fee); and
5.1.8 Your nominated bank account w...
Payment Facilitation Services. This service allows Merchants to receive payment from end users;
