1. Parties
This Merchant Agreement is between Merchantech, Inc. (“Processor,” “we,” or “us”) and the business applying for or using Quickvee Pay ACH services (“Merchant,” “you”).
2. Services
Quickvee Pay provides tools to originate and manage ACH debit/credit transactions, reporting, and related merchant services, subject to underwriting approval, risk controls, and partner bank requirements.
3. Merchant representations
- You are a legitimate business authorized to enter this agreement
- Application and ownership information you provide is accurate and complete
- You will obtain and retain valid customer authorizations for ACH debits/credits as required by NACHA and applicable law
- You will use the service only for approved business activity and MCC/use cases
- You will promptly update us when ownership, banking, or contact details change
4. Compliance
You agree to comply with NACHA Operating Rules, applicable U.S. laws (including AML/BSA and consumer protection requirements where applicable), and reasonable requests for information needed for underwriting, monitoring, or audits.
5. Settlement, returns, and risk
Settlement timing depends on cutoffs, banking calendars, and risk decisions. Returns, disputes, and adjustments may reverse previously settled funds. We may delay settlement, establish reserves, limit volume, or suspend processing when we identify elevated risk, elevated returns, suspected fraud, or compliance concerns.
6. Fees and offsets
You agree to pay the fees in your approved pricing schedule. You authorize us and our banking partners to debit your designated account for fees, returns, fines, reserves, and other amounts owed in connection with the service.
7. Data and privacy
Processing of personal and business information is described in our Privacy Policy. You are responsible for providing any required notices to your customers and for using customer data lawfully.
8. Term and termination
Either party may terminate according to the signed agreements governing your account. We may suspend or terminate immediately for fraud, illegal activity, excessive returns, material misrepresentation, or material breach. Termination does not relieve you of obligations for transactions already submitted or amounts already owed.
9. Liability
Liability limitations and indemnities in the Terms of Service and any signed merchant documents apply. You remain responsible for unauthorized transactions originating from your credentials, integrations, or staff to the extent permitted by law and network rules.
10. Contact
Questions about this agreement: support@quickvee.com.