Common use of Stopping Xxxx Pay Transactions Clause in Contracts

Stopping Xxxx Pay Transactions. If Member has transmitted Payment Instructions, and the payment is in a “Pending” status, Member may use Xxxx Pay to cancel or edit the payment (if, for example, a payment date has not yet arrived or a payment amount or Payee is incorrect). Once a payment is listed in the Xxxx Pay service as being in a “Processed” status, Member will be unable to edit or cancel the payment, and Member will be responsible for the payment. In some cases, if the payment was made by paper check, Member may place a stop payment order on the check and, if the order satisfies all applicable requirements, Member will be issued a credit to the Payment Account in the amount of the check. Please see Navigant’s Business Fee Schedule for information on a stop payment fee. If Member’s payment is made via check, and the Payee has not presented the check for payment within ninety (90) days from the date indicated on the check, payment will be stopped automatically on that check, and Member will be issued a credit to the Payment Account in the amount of the check. Payments sent electronically cannot be stopped.

Stopping Xxxx Pay Transactions. If Member has transmitted Payment Instructions, and the payment is in a “Pending” status, Member may use Xxxx Pay to cancel or edit the payment (if, for example, a payment date has not yet arrived or a payment amount or Payee is incorrect). Once a payment is listed in the Xxxx Pay service as being in a “Processed” status, Member will be unable to edit or cancel the payment, and Member will be responsible for the payment. In some cases, if the payment was made by paper check, Member may place a stop payment order on the check and, if the order satisfies all applicable requirements, Member will be issued a credit to the Payment Account in the amount of the check. Please see Navigant’s Business Fee Schedule for information on a stop payment fee. If Member’s payment is made via check, and the Payee has not presented the check for payment within ninety (90) days from the date indicated on the check, payment will be stopped automatically on that check, and Member will be issued a credit to the Payment Account in the amount of the check. Payments sent electronically cannot be stopped.