AutoPay Recurring Electronic Payment Authorization
In this AutoPay Recurring Electronic Payment Authorization (“AutoPay Authorization” or “Agreement”), the words “we,” “us,” and “our” mean Slyce Payments, Inc. (“Slyce”), including its subsidiaries, affiliates, agents and assigns. The words “you” and “your” mean the customer enrolling or enrolled in the services that enable the payment of car through an advance issued by Slyce Payments, Inc. (a “Slyce Advance”) and who accepts the terms of this Agreement and Slyce Terms and Conditions with the following terms:
Automatic Recurring Payments
By enrolling in car payment autopay, you authorize us to initiate the payment of your car payment each month using your Slyce Advance and you authorize us to initiate the following initial and recurring electronic debits or charges to the account you have specified in the application, or any substitute account you later provide (your “Account”):
Authorization for First Repayment. You authorize Slyce, and its assignees, to debit your Account for an amount equal to your First Payment.
Authorization for Second Repayment. You authorize Slyce, and its assignees, to debit your Account for an amount equal to your Second Payment.
Authorization for Membership Fee and Bill Payment Fee. You authorize Slyce, and its assignees, to debit your Account for an amount equal to the Membership Fee and the Bill Payment Fee.
Authorization to Correct Errors or Combine or Modify Payments
If we make an error in processing any electronic debit or charge, you authorize us to correct the error by initiating an electronic credit or debit to the Account in the amount of such error on or after the date such error occurs. You authorize us to verify the payment and Account information that you have provided to us. If you make a typographical error in providing us with such information, you authorize us to correct the error upon receiving corrected information from you or your financial institution. Instead of or in addition to any electronic debits or charges described above, you authorize us to initiate electronic debits or charges to your Account for any amount and on any date that you subsequently direct by email or other method we make available. You authorize us to combine multiple electronic debits or charges that we may be initiating on the same day to your Account into a single electronic debit or charge.
Authorization to Initiate a Rejected Debit or Charge.
If any electronic debit or charge is rejected, you authorize us to re-initiate as permitted by law and payment network rules. However, you agree that we are under no obligation to reinitiate any rejected debits or charges. You understand that your financial institution may impose fees in connection with rejected debits or charges, and you agree that we do not have any liability to you for such fees. If you know that an electronic debit or charge will be rejected by your financial institution (e.g., because of insufficient funds or credit availability), you should contact us immediately so that alternative arrangements can be made.
You agree to maintain sufficient funds to cover all recurring electronic debits or charges to your Account. If your Account has insufficient funds but you are enrolled in overdraft protection with your financial institution, an electronic debit or charge initiated by Slyce may still be approved by your financial institution. You acknowledge and agree that Slyce is not responsible for any overdraft fees, over-the-limit fees, insufficient fund charges, or any other financial institution fees that result from your failure to maintain a sufficient balance in your Account. Slyce makes no warranties that an overdraft will not occur or that your financial institution will not charge you fees.
Revocation and Termination.
We may terminate your enrollment in recurring electronic debits at any time for any reason, including excessive returned payments, closed account, insufficient funds, etc. If you cancel or revoke this AutoPay Authorization or if we terminate electronic debits to your Account, you understand that you will be responsible for making your payments by another accepted payment method or you will be responsible for paying your property manager directly for your car.
You may cancel your membership in accordance with the Terms and Conditions through the Slyce website or by writing to support@slycepayments.com. Pease see the Terms and Conditions for additional information, available at https://slycepayments.com.
We recommend that you retain a copy of this authorization for your records. We will either deliver a copy to you at your email address on file or make a copy available within the application.
Other. You certify that you are the authorized user of this Account. You understand that this AutoPay Authorization is subject to applicable law and network rules. To modify your Account information or provide a new payment method, you must contact us and provide authorization to us to take payments from that account.