Examples of Payment provider in a sentence
The invoice amount shall be due for payment ten (10) days after receipt of the invoice in accordance with subsection 8 below, unless it is offset against credit balances in accordance with subsection 7 below.7. After sending the invoice, VYTAL or the Payment Provider will transfer to the System Partner the amounts specified in the invoice according to subsection 6 above.
Insofar as the respective Payment Provider offers its own registration process or such is offered via the online platform, the System Partner is obligated to truthfully and completely provide the information requested for this purpose by VYTAL or the Payment Provider directly and to provide the requiredevidence.
The General Terms and Conditions of the Payment Provider are provided by the Payment Provider and are deemed to be accepted by the System Partner upon commencement of the use of the VYTAL Online Platform.
If the System Partner does not agree with the general terms and conditions of the respective Payment Provider, the System Partner has to inform VYTAL about this before the beginning of the use.
In addition to paying the Fees, you will also be responsible for paying any penalties or fines levied against you or Payrexx in connection with your Payrexx Account by Payrexx or any Payment Provider or Merchant Bank (each as defined in Section 8 below) as a result of your use of Payment Services not permitted under this Agreement or the rules and policies of any Payment Provider.