Akzeptieren Sie Das Commercial Entity Agreement

September 10th, 2021

The networks (Visa, MasterCard, and American Express) require all Square merchants who process card sales over $100,000 to enter into an agreement directly with Square`s Acquiring banks. When you created your Square account, you agreed to Square`s payment terms, which contain the “Commercial Business Agreement.” You receive the form now because you have reached $100,000 usd in processing. Similarly, American Express may maintain an agreement with you directly with respect to your use of Square`s services. If this is the case, we will inform you of this request. In accordance with the provisions of this AZES, the Acquirer may terminate its provision of credit and debit card processing services and request PayPal to enforce any provision of the Licensee`s agreement(s) with PayPal (“PayPal Agreement”) between the Distributor and PayPal. 2. Subject to the conditions of this CEA and the PayPal Agreement, the Acquirer will make the payment of an amount to the declared account (as announced by the acquirer of PayPal) corresponding to the value of the card transactions processed by the Acquirer for the Distributor under this CEA (deductions for refunds, fines, valuations, withdrawals, booking fees, booking fees, fees or other commitments of merchants (whether real or expected) this CEA or the agreement PayPal). Any obligation for the purchaser to transfer funds under this CEA is subject to all rights of the acquirer under its agreement with PayPal. 6. Term and Termination. These GTC will enter into force on the date of entry into force of the PayPal agreement between the merchant and PayPal and will last as long as the PayPal agreement between the merchant and PayPal remains in force, but terminates automatically without notice in the event of termination of this agreement PayPal, for any reason whatsoever, provided that the conditions that, by nature, are expected to last after termination (including: but not limited to exemption obligations and limitations of liability). This CEA may, at any time, be taken into account by the Acquirer in the event of a breach of any of the Distributor`s obligations under this CEA or the PayPal Agreement or by the Distributor in the event of a breach of any of the Acquirer`s obligations under this CEA or of the Acquirer in the event of termination of the Acquisition Service Agreement concluded between PayPal (or its applicable group undertaking) and the Acquirer: as the dealer has been informed, concluded, terminated. 10.

Limitation of Liability. Notwithstanding the contrary provisions of this CEA, the parties, under this Agreement or their affiliated companies or their respective directors, senior officers, employees, representatives or subcontractors are in no way liable, according to a theory of unlawful act, contract, non-fault liability or other legal theory, loss of profits, loss of profits, loss of profits, absence of business, example, tort or other legal theory, Accidental, indirect or consequential damages, each of them is thus excluded by agreement of the parties, whether such damages were foreseeable or whether a party or company was notified of the possibility of such damages. . . .

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