Electronic Funds Transfer Authorization
You authorize Square, Inc. and its agent and/or service provider Square Capital, LLC (collectively, “Square”) to make electronic charges from the credit card, or debit card, you have provided. You understand that these charges or debits will occur monthly in the amount of your scheduled installment payment amount, including any applicable finance charges, and/or fees. You understand that if you miss any payments, a missed payment may result in finance charges and/or fees being applied, in which case the final payment may be more. You also authorize Square to make electronic reversals or credits to your credit card’s account or your debit card’s bank account, as applicable, in the event of an erroneous charge or debit.
Your authorization continues until your installment plan is repaid or until you revoke your authorization. This authorization will remain in effect until you pay off your installment plan or if you otherwise revoke this authorization by notifying Square at www.squareup.com/help/us/en and clicking on “contact support”. It may take as long as 10 days for Square to complete your request, so any automatic charge or debit transaction scheduled before that time may be processed. If you revoke your authorization, you must establish an alternative way to repay your installment plan.
You are responsible for fees resulting from unsuccessful payment attempts. If Square charges your credit card or debits your debit card and there is a resulting payment decline, there are insufficient funds to cover the amount due, or the payment attempt is otherwise unsuccessful, then Square may reinitiate attempt(s) to charge your credit card or debit your debit card; you understand that you are responsible for any fees you may incur as a result of any initial or subsequent attempt(s).