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Attachment C - 2: Terms and Conditions Specific to Accepting Visa for Payment (Outdated)This addendum to ECS' Terms and Conditions is incorporated as part of this agreement and is intended to clarify issues that are specific to your website accepting VISA cards in payment for access to your website. VISA has determined that websites that are clients of ECS are designated as "Sponsored Merchants." In order for ECS to process VISA transactions on client's behalf you must complete the VISA registration process and be approved by ECS, its acquiring bank(s) and VISA. If you so elect, ECS can begin processing other payment forms that you select until your VISA application has been approved. The Visa rules require that:
ECS, its acquiring bank(s) and Visa will all rely on the representations and warranties contained in this registration form. ECS has no control over the acceptance or denial of this application by Visa and/or the acquiring bank(s), and that the acceptance of this registration form by ECS does not guarantee that Client will be approved to accept Visa transactions by Visa, and/or the acquiring bank(s), and if not accepted, ECS is not liable for any damages that Client may incur from the lack of approval. If approved by Visa and the acquiring bank(s) Client agrees to:
If this registration or annual renewal is not accepted, ECS will refund any applicable Visa application or annual renewal fee, whichever is most recently paid to ECS. |
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