Payment Method Representations Sample Clauses
The Payment Method Representations clause defines the assurances and statements a party makes regarding the validity and authority of the payment methods they use in a transaction. Typically, this clause requires the paying party to confirm that their chosen payment method—such as a credit card, bank account, or other financial instrument—is valid, authorized for use, and has sufficient funds or credit. By including these representations, the clause helps prevent payment disputes and reduces the risk of failed or fraudulent transactions, ensuring smoother financial operations between the parties.
Payment Method Representations. When you add a payment method to your Account, you agree to the following: • You have the authority to disclose the payment method information and to bind the person or organization for which you act; • You authorize the initiation of debit or credit entries, as applicable, to the payment methods in accordance with instructions inputted through the Services, and, if necessary, the initiation of adjustments for any transactions debited or credited in error; • You acknowledge that transactions initiated from your payment method must comply with the provisions of U.S. law; • Your authorization will remain in effect until not later than thirty (30) days after ▇▇▇▇▇ receives written notice from you of your desire to cancel; and • You will not use the Services for personal, family, or household purposes; unless you are a California-based Recipient receiving payments from California-based payors for personal, family, or household purposes.
Payment Method Representations. When you add a payment method to your Account, you agree to the following: • You have the authority to disclose the payment method information and to bind the person or organization for which you act; • You authorize the initiation of debit or credit entries, as applicable, to the payment methods in accordance with instructions inputted through the Services, and, if necessary, the initiation of adjustments for any transactions debited or credited in error; • You acknowledge that transactions initiated from your payment method must comply with the provisions of U.S. law; • Your authorization will remain in effect until not later than thirty (30) days after ▇▇▇▇▇▇▇ receives written notice from you of your desire to cancel; and • You will not use the Services for personal, family, or household purposes.
Payment Method Representations. When you add a payment method to your Account, you agree to the following: • You have the authority to disclose the payment method information and to bind the person or organization for which you act; • You authorize the initiation of debit or credit entries, as applicable, to the payment methods in accordance with instructions inputted through the Services, and, if necessary, the initiation of adjustments for any transactions debited or credited in error; • You acknowledge that transactions initiated from your payment method must comply with the provisions of U.S. law; • Your authorization will remain in effect until not later than thirty