Payment Processing for Multifamily Properties
With respect to Yardi Card Bill-Pay Payments, Client acknowledges and agrees that upon Yardi’s receipt of Payment Instructions from Client, VCN Issuer will issue the VCN when processing such payment and then funds will be sent by Yardi in accordance with Client’s Payment Instructions via JHA MC. Client expressly authorizes (i) Yardi to transmit Payment Instructions to VCN Issuer, and (ii) Yardi or JHA MC, as applicable, to process the Bill-Pay Payment in accordance with these Terms and, as applicable, the JHA Terms. Insufficient Funds. Any insufficiency of available funds in Client’s bank account with respect to a Bill-Pay Payment may result in a delayed payment or non-payment to the designated Third Party. Yardi is not responsible for such delays or non-payment or for any related fees assessed by Third Party or Client’s bank, including but not limited to late payment fees or Third Party or bank fees charged for insufficient funds.
Payment Processing
Disputes. In the event of a dispute arising out discount on bonds payable of or related to these Terms, Yardi will use commercially reasonable and good faith efforts to informally and timely resolve the dispute. All such efforts shall be confidential and be protected under applicable law as compromise and settlement negotiations. If after 30 calendar days of good faith negotiations in accordance with this section the parties are unable to reach a mutually satisfactory resolution, either party may pursue its rights and remedies under applicable law. JHA MC may publish to its resellers and customers from time to time a more detailed and comprehensive list of businesses and activities which JHA MC includes within the scope of Excluded Activities. JHA MC reserves the right to reject and to refuse to process a Transaction that JHA MC deems, in its sole discretion, may constitute use the processing Services in conjunction with any Excluded Activity.
- By providing your card or bank information, you are representing that you are authorized to use this card or bank account for payments for rental deposits, rental payments, or any other services or transactions for services provided by a property manager, property owner, Yardi or a Yardi subsidiary.
- In the event of a dispute arising out of or related to these Terms, Yardi will use commercially reasonable and good faith efforts to informally and timely resolve the dispute.
- Payment Network Liability.
- Entire Agreement.
Party Rentals
If Client or Yardi waive any breach of these Terms by the other party, that waiver shall not be construed as a waiver of any subsequent breach of the same or similar nature, or any other breach of any kind. Client shall at all times comply with all OFAC requirements and fulfill all OFAC responsibilities that apply to Client concerning the administration and enforcement of economic and trade sanctions against targeted foreign states, organizations, and individuals, including providing any information to Yardi that is reasonably necessary for Yardi to fulfill its obligations under OFAC, if any. Payment Network Liability. At Yardi’s discretion, Client agrees to pay all fines, fees, penalties and other assessments or indebtedness levied by a Payment Network to Yardi which are attributable in any way to any act of or omission by Client.
Payment Processing Terms
“Receiver” has the meaning set forth in the NACHA Rules. For purposes of ACH Payments, User is deemed a Receiver. “Originator” has the meaning set forth in the NACHA Rules. For purposes of ACH Payments, Client is deemed an Originator.
JHA MC is in the business of providing payment processing solutions and related maintenance and support services. This Agreement establishes the terms and conditions that will apply to the initial transaction and all subsequent transactions which JHA MC and Customer enter into pursuant to this Agreement. Iii. If law enforcement agencies are notified about the intrusion, JHA MC may delay its notification of the transaction 2021 intrusion to Customer until authorized to do so by the law enforcement agencies. Yardi Card.
Whether it’s in your backyard or a huge corporate event, we specialize in making sure your event is a fun, stress free experience from start to finish. We also have a wide range of self-help resources available on-demand. These include task-based online help, video tutorials, software manuals and more. All this is available to you through our online client support and communication portal, Client Central. You implemented Yardi software to ease your daily tasks and help your business grow. Our Client Success team is there for you to make sure you have a streamlined and positive experience post-implementation.
Client agrees to pay all fees and temporary accounts other charges, including any statement, service, Chargeback, application, rejection, return, reversal, refund, debit or other fee imposed by a processing institution, correspondent bank, merchant bank or other institution in connection with the authorization, processing and settlement of Client’s Transactions. Client Card. With respect to Client Card Bill-Pay Payments, Client acknowledges and agrees that Client’s Card will be charged when processing such payment and then the funds will be sent by Yardi in accordance with Client’s Payment Instructions via JHA MC. Client expressly authorizes (i) Yardi to transmit Payment Instructions to Client’s bank, and (ii) Yardi or Client’s bank, as applicable, to process the Client Card Bill-Pay Payment in accordance with these Terms and, as applicable, the Client Bank Agreement. Client agrees to indemnify and hold Yardi and its respective employees, officer’s agents, shareholders, and directors harmless from any and all Damages resulting from or in connection with the Client’s Bank Agreement or incurred as a result of, or related to, Client’s breach of the Client’s Bank Agreement. Amendments to the Terms.
