TERMS FOR EVENT REGISTRATION FEES PROCESSING BY MeetingHand
It’s been agreed by both parties that MeetingHand Online Event Management Software will hereby collect all registration and service fees, organized by using MeetingHand services under the following terms on behalf of the Client.
2.1 MeetingHand collects registration fees charged by the Client from individuals who register for Client's events online, for the purposes of Card Network Rules, as a merchant of record but not a seller of record (the "Event Registration Fees") for the period or events specified under the contract and the terms mentioned within this Annex.
2.2 MeetingHand retains a transaction fee of 4,90 % per transaction which was processed via MeetingHand Payment Gateway as a merchant of record.
2.3 MeetingHand deducts the costs of wire transfers before the net amount is transferred to Client’s account which account details were provided by the Client. Transfers are made as a single payout, as soon as the fraud analysis is completed. The fraud analysis period will not exceed 90 (ninety) days for any reason.
2.4 MeetingHand transfers are made exactly as the same currency type which registration and service fees of events were collected except United Arab Emirates Dirham. AED is transferred as United States Dollar. The transferrable currencies are EUR, USD, AUD, BGN, TL, CAD, CHF, CNY, DKK, GBP, JPY, KWD, NOK, RUB, SAR, SEK. AED currency process will be converted to USD daily based on prevailing market rates. MeetingHand shall not be responsible for any fees charged by a Client bank for accepting payment from a USD account.
2.5 In case of force majeure, notwithstanding anything to the contrary in the main contract, MeetingHand reserves the right to terminate this service upon a notice no earlier than a month.
2.6 Client agrees that MeetingHand may deduct any charges related to chargebacks, reversals or payment disputes (collectively, "chargeback fees") related to the processing of the Event Registrations Fees from amounts otherwise due to Client under these Terms, and such chargeback fees shall be deducted from Client Repayment amounts, as set forth above. MeetingHand reserves the exclusive right to withhold any pending disputed fees until resolved between MeetingHand and the cardholder's financial institution. In addition, MeetingHand shall charge Client a $25.00 chargeback handling fee for each chargeback, reversal, or payment dispute arising from the processing of Event Registration Fees hereunder, and all such chargeback handling fees shall be deducted from Client Repayment amounts regardless of the outcome of the chargeback or dispute. MeetingHand shall provide a statement prior to issuing each Client Repayment check which shall set forth the amount of Event Registration Fees collected, the MeetingHand Payment Processing Fee withheld, and the amount of any refunds, reversals, and chargeback fees. Client shall not be entitled to a refund of any MeetingHand service fees charged for transactions in the event of a refund, reversal, or chargeback being issued.
2.7 MeetingHand, in its sole discretion, may place a reserve on funds otherwise payable to Client when MeetingHand believes there may be a high level of risk associated with Client's account. A "reserve" means a percentage of Client's Event Registration Fees that MeetingHand may hold in order to protect against the risk of reversals, chargebacks, or any other liability related to Client's account and/or use of the Services.
2.8 If Client is subject to a reserve, MeetingHand will provide Client with notice specifying the terms of the reserve including the percentage and duration of the reserve, and any reserved funds will be shown as "reserved" on the statement issued to Client.
2.9 Client must ensure at all times while event registration is open that a refund policy be clearly stated both on the event website and within the registration form, clearly stating that no refunds shall be considered after sixty (60) days following payment, or fifteen (15) days following the completion of the event in which registration fees were collected.
2.10 MeetingHand reserves the right at its sole discretion to withhold any outstanding fees payable to MeetingHand for any Services provided under any contract between MeetingHand and the Client which are outstanding for any duration of time when Client Repayment is issued and apply such withholding to the Client's balance due to MeetingHand. MeetingHand shall in good faith attempt to notify the Client in advance of any such withholding.
2.11 Client acknowledges that Card Network Rules and some state laws limit or prohibit credit card surcharges. Client agrees that it will not impose a surcharge on any end user in violation of such rules or laws.
2.12 The services specified in this Contract are non-refundable and cannot be carried forward to the next Contract Year.
2.13 Any account setup by Client outside of the parent account and its respective sub-accounts will be subject to billing at the standard rate.
2.14 Client shall indemnify and hold harmless MeetingHand, its directors, officers, employees, agents and affiliates from and against any and all claims, losses, liabilities, damages and expenses, including reasonable attorneys' fees, (collectively "Claims") to the extent that any such Claim is caused by or arises out of:
a) Any failure of Client to comply with any law, regulation or card association rules applicable to the Services;
b) Any dispute between;
(i) Client and any event registrant, bank or card issuer, or
(ii) Between any card issuer and any event registrant, including, without limitation, any dispute regarding the goods and services purchased with the Event Registration Fees or the payment of any amounts owed or alleged to be owed by one or more such persons to any other such persons; and
c) Any instructions or procedures that Client may provide to MeetingHand in connection with the Services rendered by MeetingHand under these Terms and MeetingHand's compliance therewith.
2.15 NOTWITHSTANDING ANYTHING TO THE CONTRARY STATED HEREUNDER, CLIENT ACKNOWLEDGES AND AGREES THAT PAYMENT OF ANY AMOUNTS DUE MEETINGHAND WITH RESPECT TO MEETINGHAND PAYMENT SERVICES, FOR FEES, REFUNDS, CHARGEBACKS, DISPUTES, OR EXPENSES RELATED THERETO AS PROVIDED ELSEWHERE IN THESE TERMS, SHALL NOT BE PROHIBITED BY ANY PROVISION OF THESE TERMS OR ANY AGREEMENT BETWEEN THE PARTIES.
please contact firstname.lastname@example.org for more information about MeetingHand Payments.