Payment Files Clause Samples

Payment Files. Metavante will prepare payment files for Customer as Customer’s third-party service provider and deliver the files to Customer’s designated ODFI (for ACH files) or transaction processor (for credit card files). Metavante’s sole responsibility for any error in payment or reversed payment is to determine whether any mechanical, procedural, or processing problems occurred at Metavante during the preparation of the payment file(including but not limited to rejection of files) and, if necessary, reprocess and resubmit the payment file without additional charge.