Financial CC Contract

FINANCIAL CREDIT CARD AUTHORIZATION & PROCESSING AGREEMENT

Parties

Merchant Name:

Cardholder Name:

Recitals and Authorization

This Financial Credit Card Authorization & Processing Agreement (Agreement) is entered into by and between Merchant and Cardholder identified above. Cardholder hereby authorizes Merchant to initiate credit card transactions in accordance with the terms set forth below. Merchant represents that it is authorized to obtain and retain cardholder data for the purposes described herein and will process transactions in compliance with applicable payment network rules and card association regulations.

Effective Date:

Payment Authorization Details

Authorization Type: One-time charge Recurring charges Installments

Card Information (for authorization)

Card Type: Visa Mastercard American Express Discover

For security, Merchant may retain only the minimum card information permitted under applicable rules. Cardholder acknowledges that Cardholder's card number and related payment data will be stored, transmitted, and processed by Merchant and its payment processors to effect the authorized transactions and agrees that Merchant's reliance on stored payment credentials constitutes valid authorization for subsequent charges.

Fees, Processing & Refunds

Processing Fee (percent):    Per-transaction Fee:

All amounts are payable as indicated above. Merchant's acceptance of any chargeback or refund will follow Merchant's written refund policy; Merchant may impose reasonable restocking or administrative fees where expressly disclosed to Cardholder prior to charge. Late payment by Merchant to any underlying creditor is subject to interest and late fees as set by that creditor and does not relieve Cardholder's payment obligations hereunder.

Chargebacks, Disputes & Notices

Cardholder will raise any dispute regarding a charge in writing to Merchant within thirty (30) days of the transaction date. Merchant will provide Cardholder with a written response and will follow card network chargeback procedures. Cardholder acknowledges that a chargeback may not conclusively determine liability among the parties and that Merchant retains the right to pursue collection, damages, or other remedies as permitted by law.

Representations, Warranties & Compliance

Merchant represents and warrants that it will process all transactions in accordance with applicable card network rules, will maintain appropriate merchant category coding, and will implement and maintain reasonable data security controls, including applicable payments industry standards. Cardholder represents and warrants that the card presented is valid, that Cardholder is authorized to charge the card for the amounts specified, and that the use of the card complies with card issuing bank rules.

PCI Compliance: Merchant represents it is PCI-compliant where required

Indemnification; Limitation of Liability

Each party agrees to indemnify, defend and hold harmless the other party and its officers, directors, agents and affiliates from and against any and all claims, losses, liabilities, costs and expenses (including reasonable attorneys' fees) arising out of or related to the indemnifying party's breach of its representations, warranties, obligations or violations of law. Neither party will be liable for consequential, incidental, punitive, or special damages except for amounts directly resulting from a party's gross negligence or willful misconduct.

Term, Termination & Assignment

This Agreement commences on the Effective Date and continues until all authorized charges have been processed and any applicable refund and dispute periods have expired, unless earlier terminated by mutual written agreement or for cause upon thirty (30) days' written notice. Neither party may assign this Agreement without the prior written consent of the other, except that Merchant may assign to an acquirer or successor that assumes Merchant's obligations hereunder.

Governing Law; Dispute Resolution

This Agreement is governed by and construed in accordance with the laws of the state of without regard to conflicts of law principles. Parties agree to submit disputes to arbitration or litigation as selected below.

Miscellaneous Provisions

Entire Agreement: This Agreement, together with any schedules or addenda executed by the parties, constitutes the entire agreement with respect to the subject matter and supersedes all prior agreements. Any amendment must be in writing and signed by authorized representatives of both parties. If any provision is held unenforceable, the remainder will remain in effect.

Certifications and Acknowledgements

By signing below, Merchant and Cardholder certify that they have the authority to enter into this Agreement, that the information provided is true and complete, and that they accept responsibility for compliance with the terms herein. Cardholder expressly consents to the recurring authorization (if selected) and acknowledges receipt of a copy of this Agreement.

I acknowledge and agree to the terms and certify authority to bind the party named above.

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