You will promptly notify Wave of any unauthorized use of, or access to, the Service of which you become aware.Wave may suspend, disable, or change your Wave Payment Account or access credentials for the Service, such as any user ID and password, at any time if Wave believes that your access credentials have been compromised, that you or someone using your Wave Payment Account is a threat to the integrity or security of the Service, or if Wave has another reasonable basis for doing so.We may instruct the Bank to not authorize or settle any transaction that you submit to us if we believe that the transaction is in violation of this Agreement, or exposes you, other Wave Payments users, our processor, or us to potential harm.
We are also saying that we will comply with the law.This is the section where you’re telling us that you have all the rights and permissions necessary to use Wave. Whether you’re viewing our smart dashboard or syncing accounting records, you’ll love our easy-to-use design and functionality.With Wave, you don’t need to choose the package that’s right for you.
Notwithstanding any provision in this Agreement to the contrary, Wave will not make any material change to this arbitration provision without providing you with notice and an opportunity to reject that change.
Excessive chargebacks can result in account restrictions. If you are the business owner or principal of the business registering, you authorize Wave to obtain a consumer report on you from a consumer reporting agency. Unlimited Phone is regularly $32.95/month.
We will send the paper copy to you by U.S. mail. You agree to execute any additional documentation required for us to perfect our security interest in any funds in your Settlement Account or the Reserve. The Reserve may be raised, reduced or removed at any time by Wave or the Bank, in their sole discretion, based on your payment history, a credit review, the amount of any arbitration award or court judgment against you, or otherwise as Wave or its processor or the Bank may determine or require.The reserve amount will be determined by Wave or the Bank and can increase, decrease, or be removed at Wave’s or the Bank’s discretion.If you do not have sufficient funds in your Reserve, the Bank may fund the Reserve from any funding source associated with your Settlement Account, including the Designated Merchant Bank Account or any amount Bank owes you, including but not limited to any funds:
TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, THE SERVICE IS PROVIDED WITHOUT WARRANTIES OF ANY KIND, WHETHER EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, OR NON-INFRINGEMENT.
We’ve also provided some plain language wording – how I’d explain it to someone that didn’t have the time to read and digest the whole thing. “You” includes the business registering for the Service, the business owner or principal and the individual registering the business for the Service.PLEASE READ THIS AGREEMENT AND THE WAVE TOU CAREFULLY BEFORE USING OR ACCESSING THE SERVICE. You understand that as the Merchant, you will be responsible and liable for any refunds, chargebacks and returns of Payments.d. These Wave Payments Terms of Service (this “Agreement") constitute a legal agreement between you (“Merchant”, “User,” “You” or “Your”) and Wave Financial USA Inc. (“Wave”, “We," “Our” or “Us”) and govern your access to and use of Wave’s payment services (the “Service” or “Wave Payments”). The Bank will process Bank Payments and deposit funds to your Designated Merchant Bank Account within 2 business days of Bank Payments being verified. Each of the Networks is a third-party beneficiary of this Agreement and has beneficiary rights, but not obligations, and may enforce this Agreement against you.