Transmission Services. 5.2.1 Planet Payment will transmit Outgoing Files under the proper ICA and/or BIN to the respective Card Associations before the next daily cut off time for each Card Association respectively in accordance with the Timing Chart attached hereto (“Timing Chart”). The Outgoing Files will include the clearing of all Transactions authorized through Planet Payment host under the proper ICA and/or BIN prior to the agreed daily Transaction cut-off time, as well as manual inputs (manual sales drafts, manual reversals, manual refunds, manual credit/debit adjustments etc), charge back re-presentments etc. received by Planet Payment prior to the agreed daily Transaction cut off time.
Appears in 4 contracts
Samples: Processing Agreement, Processing Agreement (Planet Payment Inc), Multi Currency Processing Agreement (Planet Payment Inc)
