Common use of The Processor Clause in Contracts

The Processor. 2.1 The Payment Processor is Stripe Payments Europe, Ltd., a private limited company incorporated under the laws of Ireland, with registration number 513174, and Stripe Payments UK Ltd, a private limited company registered in England, with registration number 8480771. 2.2 The Payment Processor’s role is to accept and process payments online via the platforms provided by BRS Golf, to enable the Partner to receive and accept online payments from its customers (which include member and visitor golfers) (“Customers”) to compliment the Partner’s business activities (including tee time sales, refunds, membership payments and society booking/reservations) (collectively “Transactions”). 2.3 The processing and settlement of your Transactions (“Payment Processing”) are carried out by the Payment Processor under separate Payment Processor Terms (the "Payment Processor Terms"). By accepting this Payments Agreement, the Partner is also accepting and agreeing to be bound by the Payment Processor Terms. 2.4 In addition, by accepting this Payments Agreement and the Payment Processor Terms the Partner agrees to the creation of an account with the Payment Processor for payment processing (the “Payment Processor Account”). In the event of any inconsistency between the terms of this Payments Agreement and the Payment Processor Terms concerning payment processing or the Payment Processor Account, the Payment Processor Terms shall prevail.