Examples of Payment Trigger in a sentence
After the Shared Loss Payment Trigger is reached, not later than fifteen (15) days after the date on which the Receiver receives the Monthly Certificate, the Receiver shall pay to the Assuming Bank, in immediately available funds, an amount equal to eighty percent (80%) of the Monthly Shared-Loss Amount reported on the Monthly Certificate.
After the Shared Loss Payment Trigger is reached, not later than fifteen (15) days after the date on which the Receiver receives the Monthly Certificate, the Receiver shall pay to the Assuming Institution, in immediately available funds, an amount equal to eighty percent (80%) of the Monthly Shared-Loss Amount reported on the Monthly Certificate.
After the Shared Loss Payment Trigger is reached, not later than fifteen (15) days after the date on which the Receiver receives the Monthly Certificate, the Receiver shall pay to the Assuming Institution, in immediately available funds, an amount equal to eighty percent (80%) of the Monthly Shared- Loss Amount reported on the Monthly Certificate.
Depending on the Payment Trigger used by the Merchant, the Payment Confirmation Panel will already be pre-filled with the relevant payment details or the Customer must enter all payment details.
Merchants indicate the possibility to pay by Paysafecash by displaying the Paysafecash logo, a payment trigger (e.g. QR-Code or hyperlink, redirection from Merchant’s website to the Paysafecash Website; “ Payment Trigger”) and a short description on how to use the Payment Trigger on the respective channel.