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Terms & Conditions
1. Services Provided
Merchant Services Consultants LLC & It's Subsidiaries ("Company") provides merchant service originations, payment gateway access, and related financial technology services through various processing partners. By using our services, you agree to comply with all applicable card brand rules (Visa, Mastercard, etc.) and federal regulations.
2. Fees and Billing
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Service Fees: You agree to pay all processing fees, monthly subscription costs, and incidental charges (such as chargeback fees) as outlined in your specific Merchant Processing Agreement.
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Fee Adjustments: card brands reserve the right to adjust pricing with [30] days' notice, often necessitated by changes in interchange rates or card brand fees.
3. Account Underwriting and Risk
All accounts are subject to initial and ongoing underwriting. You authorize Merchant Services Consultants LLC or any of It's Affiliates/Subsidies to verify your identity and creditworthiness through third-party bureaus. We reserve the right to:
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Set processing limits on your account.
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Establish a reserve fund if your business model or transaction history presents a high risk of chargebacks.
4. Chargebacks and Reversals
You are solely responsible for all customer disputes (chargebacks). You agree to maintain sufficient funds in your linked settlement account to cover reversed transactions, fees, and fines. Failure to resolve excessive chargebacks may lead to account termination.
5. Prohibited Activities
You agree not to use our services for illegal activities or "high-risk" categories explicitly prohibited by our partner banks (e.g., illegal substances, fraudulent schemes, or unauthorized adult content).
6. Limitation of Liability
To the maximum extent permitted by law, Merchant Services Consultants LLC Or Any Of It's Affiliates Or Subsidies shall not be liable for any indirect, incidental, or consequential damages (including loss of profit) resulting from service interruptions, technical failures, or data breaches, provided we have maintained industry-standard security protocols.
7. Termination
Either party may terminate this agreement with [30] days' written notice. Upon termination, you remain liable for all chargebacks and fees incurred during the life of the account.