Oakmont Payment Solutions, LLC Terms and Conditions

1. Introduction Welcome to Oakmont Payment Solutions, LLC. These Terms and Conditions (“Terms”) govern your access and use of Oakmont Payment Solutions, LLC services (“Services”), including payment processing and related functionalities. By using our Services, you agree to comply with these Terms.

2. Definitions

  • “Merchant” refers to any business or individual using Oakmont Payment Solutions, LLC to process transactions.
  • “Customer” refers to any end user making a payment through Oakmont Payments.
  • “Processor” refers to third-party financial institutions facilitating transactions.
  • “Chargeback” refers to a dispute raised by a Customer against a processed payment.

3. Eligibility To use Oakmont Payment Solutions, LLC, you must:

  • Be at least 18 years old.
  • Operate a legitimate business or personal enterprise.
  • Provide accurate and complete registration details.

4. Merchant Responsibilities

  • Maintain compliance with applicable laws and regulations.
  • Ensure all transactions processed through Oakmont Payment Solutions, LLC are legitimate.
  • Not engage in fraudulent, misleading, or illegal activities.
  • Take responsibility for chargebacks, refunds, and disputes.

5. Payment Processing

  • Oakmont Payment Solutions, LLC acts as an intermediary between Merchants and Processors.
  • Transactions are subject to Processor approval and settlement times.
  • Fees apply for transaction processing, as outlined in our pricing policy.

6. Fees and Charges

  • Merchants agree to pay all applicable transaction fees.
  • Fees are non-refundable unless explicitly stated.
  • Oakmont Payment Solutions, LLC reserves the right to modify fees with prior notice.

7. Chargebacks and Disputes

  • Merchants are responsible for handling chargebacks and disputes.
  • Oakmont Payment Solutions, LLC may withhold funds to cover potential chargebacks.
  • Excessive chargebacks may result in termination of Services.

8. Security and Compliance

  • Merchants must implement security measures to protect payment data.
  • Oakmont Payment Solutions, LLC complies with Payment Card Industry Data Security Standards (PCI DSS).
  • Unauthorized access, data breaches, or misuse of Services may lead to suspension.

9. Termination

  • Oakmont Payment Solutions, LLC may suspend or terminate Services for violations of these Terms.
  • Merchants may terminate their account at any time.
  • Termination does not absolve outstanding obligations or fees.

10. Limitation of Liability

  • Oakmont Payment Solutions, LLC is not liable for indirect, incidental, or consequential damages.
  • Our total liability under these Terms shall not exceed the fees paid by the Merchant in the last three months.

11. Indemnification Merchants agree to indemnify Oakmont Payment Solutions, LLC from claims, damages, and losses arising from their use of Services or violation of these Terms.

12. Amendments Oakmont Payment Solutions, LLC reserves the right to update these Terms at any time. Continued use of the Services after modifications constitutes acceptance of the updated Terms.

13. Governing Law These Terms are governed by the laws of West Virginia. Any disputes shall be resolved in the courts of West Virginia.

14. Contact Information For any questions regarding these Terms, please contact us at [email protected].

By using Oakmont Payment Solutions LLC, you acknowledge that you have read, understood, and agreed to these Terms and Conditions.

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