Updated as of September 30, 2024
This Payment Processing Agreement, effective as of the date of final signature ("Effective Date"), is entered into by and between Design Manager (the "Platform"), and ("Merchant").Processing Services. In addition to its core services offering, Platform offers embedded payments processing services, which includes credit card, debit card, ACH, and other payment processing services, as may be offered from time-to-time (collectively the "Processing Services").Fees and Taxes. Related to the Processing Services, Platform will charge Merchant according to the fees listed below ("Processing Fees"). All Processing Fees payable under this agreement are exclusive of taxes.
If you, the Merchant, have an alternative pricing agreement with the Platform, please refer to this agreement for official pricing.Fair use policy: Platform may increase the Card Transaction Volume Fee or Transaction Per Item Fee if Merchant's (a) American Express credit card payment dollar volume exceeds twenty percent (20%); (b) corporate credit card payment volume exceeds ten percent (10%) of total monthly credit card payments; or (c) credit card payments for transaction amounts greater than one thousand dollars ($1,000.00) exceeds three percent (3%) of total monthly credit card payments. Such increases shall become effective only after Platform has provided Merchant written notice setting forth the changes.Processing Terms and Conditions. By using the Processing Services, Merchant agrees to the Processing Terms and Conditions available at
https://legal.rainforestpay.com/processingterms, which may be amended at any time on notice.Term. The term of the Payment Processing Agreement begins on the Effective Date and continues until terminated by either party.IN WITNESS WHEREOF, the parties hereto have executed this Payment Processing Agreement by their duly authorized officers or representatives as of the date first set forth above.
