The merchant signed a year contract with Infintech in April Part of the contract that was signed was a $annual fee that registered the merchant for *** testing and validationThe merchant registered through our vendor for *** and went through the required online scanThe merchant
did not pass the required testing through the *** vendorHowever, pass or fail we are charged by the vendor for the testing that the merchant went throughThat fee was not a monthly fee but rather an annual cost to us from the third party vendorBased on that since our costs were incurred, the fee cannot be waived nor should it be treated as a monthly fee
Additionally, since the merchant did not fulfill their year contractual commitment, an early termination fee of $is dueHowever we will agree not to charge any early termination fee to this merchant
The merchant signed a year contract with Infintech in April Part of the contract that was signed was a $annual fee that registered the merchant for *** testing and validationThe merchant registered through our vendor for *** and went through the required online scanThe merchant
did not pass the required testing through the *** vendorHowever, pass or fail we are charged by the vendor for the testing that the merchant went throughThat fee was not a monthly fee but rather an annual cost to us from the third party vendorBased on that since our costs were incurred, the fee cannot be waived nor should it be treated as a monthly fee
Additionally, since the merchant did not fulfill their year contractual commitment, an early termination fee of $is dueHowever we will agree not to charge any early termination fee to this merchant