Automatic Payment definition

Automatic Payment is a payment scheduled for a set amount at regular intervals. For example, you can schedule a payment on the first of each month to pay your mortgage or rent.
Automatic Payment means a periodic payment, Direct Debit or quick debit.
Automatic Payment. Is a regular automatic payment that the Buyer can set up using their debit or credit card. The authority is linked to the bank account or credit card account that the Buyer’s card is linked to. This facility enables the system to automatically top up the Buyer Account from the Buyer's nominated credit or debit card, when the Buyer’s funds in the Buyer Account are reduced below the nominated threshold. Payments made by Credit or debit card incur a charge per automatic payment of 2%, Payments made by Bank transfer do not incur a charge. The Buyer has full management of this system and can maintain the following functions: • Add and remove cards • Set and change the bank or credit card account • Set funds amount threshold (this is a minimum of £50) • Opt in or opt out of receiving an SMS message when the threshold is reached. An e-mail will be sent to the Buyer to confirm when an automatic payment has been processed. By providing Simply Online Media with the Buyer email address, the Buyer is agreeing to accept communication via e-mail and accept this level of security.

Examples of Automatic Payment in a sentence

  • To enroll in the Automatic Payment Option (APO), you will need to mail us a completed authorization form with a voided check attached to it.

  • To enroll in the Automatic Payment Option (APO):• Go to www.fhcpmedicare.com and select the Member Portal link in the tool bar at the top of the page.• Once in the member portal, click on the "Pay my bill" link in either the My Quick Links or My Resources sections at the top of the page.

  • Option 2: Automatic Payment Option (APO) Instead of paying by check, you can have your Part D late enrollment penalty automatically withdrawn from your bank account.

  • By checking this box and signing below, Licensee consents to the Automatic Payment Program for the License Renewal Fee and hereby pre-authorizes IDS Inc., to initiate charges to the credit card account indicated above to pay the License Renewal Fee associated with the renewal of the Reservation Services License.

  • Upon establishment of such Automatic Payment Method, Company is hereby authorized to charge any applicable Subscription Fee using such Automatic Payment Method.


More Definitions of Automatic Payment

Automatic Payment means a payment method that automatically purchases paid services with payment information such as payment method entered by the member at regular intervals.
Automatic Payment means a pre - authorized Payment initiated by the Service in accordance with any applicable Payment Parameters and on a predetermined schedule based on information supplied for the Obligation Account.
Automatic Payment. A Settlement Class Member who wishes to make a claim for an Automatic Payment should submit a Proof of Claim either by first class mail to [insert address] or online at [insert Settlement Website information] before [insert deadline]. The attached claim form explains what you need to do. To receive an automatic payment, you must provide Proof of Purchase or submit a declaration under penalty of perjury attesting to purchase and the number of bottles purchased. If you submit one or more Proofs of Purchase, you shall receive the full purchase price for each Hand Sanitizer Product listed on the Proof of Purchase, inclusive of all taxes. If you submit a claim form that lacks Proof of Purchase, but submit a declaration attesting to your purchases, you shall receive up to ten (10) Automatic Payments equaling $5 each.
Automatic Payment means the payment of One Hundred Dollars ($100.00) to each Class Member as provided for in Section 12.1 below.
Automatic Payment means an authorised withdrawal of money from your Account to the Association that is set up, for example, to pay for regular rental payments and membership renewals, as well as for scheduled donations and pledges.
Automatic Payment means an arrangement for the payment of a specific amount of money to go from your Account to another Account or payee, which is set to occur repeatedly, at a payment frequency chosen by you;
Automatic Payment means an electronic payment instruction from you to us which instructs us to transfer a set amount of money at set intervals from your account(s) to another party, and “Automatic Payment Authority” means our approved form for such instructions;