Common use of Deposit Transactions Clause in Contracts

Deposit Transactions. Merchant agrees that it shall only accept payments through PayPal Processing Services for bona fide transactions between the Merchant and its customer for the sale of goods or services. Merchant shall not submit a transaction for the refinance or transfer of an existing obligation that was uncollectible. Merchant acknowledges that for Visa and MasterCard payments, PayPal shall obtain an authorization for transaction amounts prior to completing the transaction.

Appears in 13 contracts

Samples: Entity User Agreement, Entity User Agreement, Paypal Payment Processing Agreement

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Deposit Transactions. Merchant agrees that it shall only accept payments through PayPal Processing Services processing services for bona fide transactions between the Merchant and its customer for the sale of goods or services. Merchant shall not submit a transaction for the refinance or transfer of an existing obligation that was uncollectible. Merchant acknowledges that for Visa and MasterCard payments, PayPal shall obtain an authorization for transaction amounts prior to completing the transaction.

Appears in 10 contracts

Samples: Commercial Entity Agreement, Commercial Entity Agreement, Entity Agreement

Deposit Transactions. Merchant agrees that it shall only accept onlyaccept payments through PayPal Processing Services for bona fide transactions between the Merchant and its customer for the sale of goods or services. Merchant shall not submit a transaction for the refinance or transfer of an existing obligation that was uncollectible. Merchant acknowledges that for Visa and MasterCard payments, PayPal shall obtain an authorization for transaction amounts prior to completing the transaction.

Appears in 2 contracts

Samples: Eterminal Agreement, Eterminal Agreement

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Deposit Transactions. Merchant Xxxxxxxx agrees that it shall only accept payments through PayPal Processing Services processing services for bona fide transactions between the Merchant and its customer for the sale of goods or services. Merchant shall not submit a transaction for the refinance or transfer of an existing obligation that was uncollectible. Merchant acknowledges that for Visa and MasterCard payments, PayPal shall obtain an authorization for transaction amounts prior to completing the transaction.

Appears in 1 contract

Samples: Entity Agreement

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