Payment Gateway Agreement

Payment Gateway Agreement

b) Change in Billing Party. c) Termination for Convenience. b) Termination for Breach. i) If 1stPayGateway, LLC is to be paid for the Service by a service provider of Merchant, and if 1stPayGateway, LLC ceases to receive payment from that service provider for any reason, 1stPayGateway, LLC may charge Merchant the fees then applicable to the Service in accordance with the then current Payment Addendum. i) 1stPayGateway, LLC may, in its discretion, suspend the Service on 5 days notice and terminate this Agreement on 15 days notice for non-payment of any sum due 1stPayGateway, LLC from Merchant (or Merchant’s service provider) under this Agreement unless Merchant cures the non-payment within that period. If Merchant does not agree to the terms of the Payment Addendum as presented, this Agreement shall terminate. If Merchant is to be billed by 1stPayGateway, LLC directly, Merchant will be presented with an addendum to this Agreement describing the fees and the method of payment (the “Payment Addendum” and/or “ACH Authorization Form” herein collectively referred to as the “Payment Addendum”) before the Service will be made available for use. ii) 1stPayGateway, LLC may suspend and/or terminate this Agreement without notice and without liability: (A) upon receipt of notice from Merchant’s processor or acquiring bank that Merchant is no longer entitled to send Payment Messages to Merchant’s processor; or (B) upon receipt of notice from Merchant’s service provider that it has terminated or suspended its relationship with Merchant. Third Party Payment Gateways If you use a third party payment gateway to make a deposit into OnlineNaira or use a third party payment gateway to withdraw money from OnlineNaira, you shall be liable for any mistakes, chargebacks, account restrictions, account closures, payment delays, frozen funds or any other issues that may arise as a result of the use of the third party payment gateway. 1stPayGateway, LLC receives payment for the Service, either directly from merchants or through third party service providers such as processors, acquiring banks, Internet service providers, or card service organizations. During the registration process, 1stPayGateway, LLC will determine if it will receive payment directly from Merchant or from a service provider. Upon receipt of the then current Service Agreement and Payment Addendum, Merchant may elect either (A) to accept the terms of the then current Service Agreement and Payment Addendum and continue to receive the Service, or (B) terminate this Agreement as provided below. Most online merchant accounts come with a payment gateway included, like PayPal. 1stPayGateway is not responsible for any billing corrections unless notified of an error within 60 days of charge.

Payment Gateway Agreement

9. Customer shall pay in full for any and all services rendered and payments are non-refundable. ii) If 1stPayGateway, LLC is to be paid for the Service by Merchant and Merchant elects to accept billing for the Service from a service provider with which 1stPayGateway, LLC has a billing relationship, Merchant or service provider shall notify 1stPayGateway, LLC of such election in writing and 1stPayGateway, LLC will cease billing Merchant for the Services commencing not later than the second month following the receipt of such notice. 1stPayGateway, LLC will provide Merchant the then current Service Agreement and Payment Addendum at least 10 days in advance of the date on which such fees are to become effective. Web space will be billed a minimum of one month in advance depending on the selected fee schedule. e) Termination in Case of Violation of Law. If Merchant fails to make either election, Merchant shall be deemed to have accepted the terms of the then current Service Agreement and Payment Addendum and shall continue to receive the Service or, within 1stPayGateway, LLC’s sole discretion, 1stPayGateway, LLC may terminate this Agreement without further notice to Merchant. If You do not agree to all of the terms of this Agreement, do not use this product or Our Services.

Payment Gateway Agreement

Just like a physical point of sales terminal at your bricks and mortar retail store, the Payment Gateway authorizes you to take card payments directly from your website. Terminations must be received 30 days prior to the next billing cycle to avoid additional billing. In addition to any other termination rights granted by this Agreement, either party may terminate this Agreement on 30 days written notice for material breach by the other of any of its obligations hereunder unless such breach is cured within such 30-day period. Subsequent payments are due according to the selected fee schedule following the establishment of the web space on the Internet. In the event that the Customer fails to pay for such services in advance, 1stPayGateway, LLC shall be entitled to unilaterally terminate this Agreement and discontinue the service until payment is made. Reconnection fees and or disconnection fees may be applied accordingly at 1stPayGateway, LLC’s discretion. ii) 1stPayGateway, LLC may terminate this Agreement for any reason without liability on 30 days notice to Merchant. Accounts activated on any day during the month will be billed on the 1st of the following month. No payment transactions may be processed without prior acceptance of the terms of this Agreement. You indemnify OnlineNaira against any loss that may arise from your use of a third party payment gateway.

Payment Gateway Agreement

a) Termination and Suspension. Either party may terminate this Agreement immediately without liability if (i) the terminating party is notified or otherwise determines in good faith that the other party is using or providing the Service in furtherance of any activity which violates any law, rule, or regulation or (ii) the terminating party, or its directors, officers, stockholders, employees or agents are made the subject of a criminal or civil action or investigation or are threatened by such action as a consequence of the other party’s use or provision of the Service.

By acting to use the First Data Global Gateway owned and operated by LinkPoint International, Inc., also referred to in some instances as YourPay, (“We”, “Us”, or “Our”), or the products or services offered through the First Data Global Gateway (including, but, not limited to payment processing services such as authorization of transactions to the appropriate payment processing network or third party service provider, transaction responses (approved,declined), and the detailed reporting of those transactions (“Services”), you, as the end user person or entity (“You” or “Your”) agree and consent to the terms and conditions of this End User Agreement (the “Agreement”). a) Generally. 1stPayGateway, LLC may revise the termination procedures from time to time. Subsequent payments are due on the 1st day of each month as per the selected fee schedule. d) 1stPayGateway, LLC reserves the right to discontinue service to any merchant due to what 1stPayGateway, LLC deems to be, in its sole discretion, racist or pornographic content published by the merchant. c) Billing Schedule: The set-up fee, first payment and any deposit for web publishing are due at the time the completed application is returned to 1stPayGateway, LLC. The payment gateway acts as a mediator between the transactions that take place on your website and the payment processor.  This is needed because it is prohibited, due to security reasons, to transmit transaction information directly from your website to a payment processor. Annual fees are billed on the 1st of the month in your 4th month of service and then yearly thereafter. iii) Terminations must be submitted in writing via 1stPayGateway’s fax number 926-4499 or email cancellations@1stPayGateway.com. This includes but is not limited to web publishing, programming, setup fees, dial up accounts, and hosting accounts. Prepaid fees are non-refundable. i) Merchant may terminate this Agreement for any reason without liability by providing 1stPayGateway, LLC at least 30 days written notice of such termination.

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