This Commercial Enterprise Use Agreement for Credit Card Processing Services („BUSINESS AGREEMENT“ or „CEA“) is made available to all users PayPal who meet the definition of a „commercial enterprise“ or equivalent account in accordance with the rules of the Association (defined below) and open and use a first or business account (such use of such accounts is jointly referred to as „Premier/Business Service“). (Any legal or legal person that receives this document is hereby referred to as a „merchant“). This CEA represents the trader`s separate legally binding contract relating to the processing of credit cards between (1) the merchant as a commercial enterprise; (2) Member (HSBC Bank plc); and (3) GPUK LLP, which are global payments („Processor“). The CEA is also in favour of an HSBC group company other than the member that provides access to a bank identification number („BIN“) for MasterCard and Visa transactions acquired for the distributor („HSBC company“), insofar as the CEA refers to the use of this BIN. The Member or Processor may terminate its provision of credit card processing services and impose a provision or provision of or rely on the Merchant`s PayPal Use Agreement („AUP“) of which either Member or Subcontractor is included in this CEA by reference. In this CEA, „we“, „us“ and „ours“ refer to a member and a subcontractor, unless, for the purposes of the rules of association or membership, it must be the sole member. For the avoidance of doubt, the subcontractor is not a subsidiary, related company or member of the HSBC group. For the purposes of these GTC and its implementation by the subcontractor: (i) the subcontractor is the exclusive representative of the member; (ii) the member is responsible for providing the CEA`s subcontractor; (iii) The member must approve in advance all fees or obligations of the merchant that must be paid by the merchant in accordance with the CEA; and (iv) the processor may not have access, directly or indirectly, to an account for funds or funds due to a merchant and/or funds withheld from a merchant for returns of funds resulting from or related to the execution of this CETA. For more information or to read agreements regarding commercial enterprises, please register on your PayPal account: www.paypal.com/us This User Agreement is made available to payment agencies that use the services PayPal in the United States.
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