PAYMARK definition
Examples of PAYMARK in a sentence
PAYMARK will maintain records of each Transaction recorded through the System for at least 12 months after the date of the Transaction.
If PAYMARK is negligent, or wilfully defaults, in the performance of its obligations to the Merchant under this Agreement, then PAYMARK will be liable to the Merchant (but not any other person) for the direct loss or damage sustained by the Merchant itself as a result of such negligence or wilful default.
The agreement set out in Part IV is also an agreement between PAYMARK and the Bank.
The service to which PAYMARK is contractually able to commit is as described in clause 4.1, and the Merchant acknowledges that PAYMARK cannot guarantee continuous fault-free access to the System.
The Merchant will notify PAYMARK promptly if it becomes aware of any problems with the System that affect the Merchant’s ability to access or use the System.
The Merchant has the right to access their personal information, or to request an update or correction of the personal information held by PAYMARK or the Bank.
In the event of any dispute between the Merchant on the one hand and PAYMARK or the Bank on the other, the relevant parties shall first attempt to resolve the dispute by good faith negotiations.
PAYMARK and the Bank may be requested to provide confirmation of transactional information only.
PAYMARK will not be liable to the Merchant in any way for any amount payable to, or receivable by, the Merchant arising out of any Transaction.
If the Merchant is an individual, the personal information in this Agreement and any other personal information which the Merchant may provide to PAYMARK or the Bank at any time, whether in writing, by telephone, electronically or any other means, may be used by PAYMARK or the Bank for the purposes of providing EFTPOS services to the Merchant.