These Merchant Terms of Service is an agreement between you and EazyPay. It details EazyPay’s obligations to you. It also highlights certain risks on using the services and you must consider such risks carefully as you will be bound by the provision of this Agreement through your use of this website or any of our services.
Our Fees & Pricing Schedule
You agree to pay us for the services we render as a payment gateway for your services. Our Fees will be calculated as demonstrated on the Pricing page on the website. The Fees on our Pricing page is integral to and forms part of this Agreement.
We reserve the right to revise our Fees. In the event that we revise our fees we will notify you within 5 days of such change.
How we handle your Funds
You authorize and instruct EazyPay to hold, receive, and disburse funds on your behalf when such funds from your card transactions settle from the Card Networks. By accepting this Agreement, you further authorize EazyPay on how your card transaction settlement funds should be disbursed to you as Payouts and the timing of such Payouts.
You agree that you are not entitled to any interest or other compensation associated with the settlement funds held by EazyPay pending settlement and Payout to your Bank Account.
Settlement funds will be held in a deposit account at EazyPay pending Payouts to you in accordance with the terms of this contract. We may periodically make available to you information about pending settlements yet to be received from the Card Networks.