Paysafe definition
Examples of Paysafe in a sentence
Paysafe can anticipate some of the reasons why it would be fair for Paysafe to do this, and has listed them below, but may in the future also want to make changes for other reasons.
Paysafe is an item processor and provides automated clearing house, electronic fund transfer, and draft services (collectively, "Transactions").
Paysafe shall reject any Transaction which does not comply with the Specifications.
Client further understands and agrees that Paysafe shall hold any Reserve Amount for a period of 30 days from the date of collection ("Reserve Period").
Paysafe shall have no obligation to retransmit a returned Transaction.
Client understands and agrees that the Hold Amount, Hold Period, Reserve Amount and Reserve Period may be adjusted by Paysafe, at the sole discretion of Paysafe, to insure availability and sufficiency of funds to cover Other Fees.
Client shall be liable for any and all losses, costs, claims, and expenses suffered or incurred by Paysafe, arising out of or resulting from Client's failure to report all such changes to Paysafe.
Client further agrees to notify Paysafe in writing within 10 days of any changes which may occur from time to time regarding any information contained in Customer application, including but not limited to the identity of principals and/or owners, the form of business organization, type of goods and services provided, and how sales are completed.
Client may not assign this Agreement, either directly or by operation of law, without the prior written consent of Paysafe and any unauthorized attempted assignment will be null and void.
Paysafe shall provide an electronic bulletin board service or other like service for the purpose of receiving EFT Data from Client, posting Returned Items, correction notices and account statements for Client.