“Adyen may set-off any amounts due to the Merchant or standing to the credit of the Bank Account against any amounts owed or other liabilities of the Merchant, now or at any time hereafter due, owing or incurred by the Merchant to Adyen...”
This analysis describes what Adyen's agreement states, permits, or reserves. It does not constitute a legal determination about enforceability. Regulatory applicability and practical outcomes may vary by jurisdiction, enforcement context, and individual circumstances. Read our methodology
Adyen can unilaterally recover any Merchant debt by reducing settlement payments or Bank Account balances, without requiring a separate collection action.
Funds you would otherwise receive from Adyen can be reduced or eliminated if you owe Adyen any amounts, whether those amounts are currently due or arise in the future.
How other platforms handle this
Ramp may engage in collection efforts to recover, and Company agrees to pay Ramp, any amounts owed in connection with an International Payment.
Smartsheet reserves the right to correct any billing errors or mistakes that Smartsheet identifies in an invoice or after a payment is received.
You represent and warrant that you have the right to use any payment card that you submit in connection with a transaction.
"Adyen may set-off any amounts due to the Merchant or standing to the credit of the Bank Account against any amounts owed or other liabilities of the Merchant, now or at any time hereafter due, owing or incurred by the Merchant to Adyen...Excerpt from Adyen's Terms
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Adyen can unilaterally recover any Merchant debt by reducing settlement payments or Bank Account balances, without requiring a separate collection action.
Funds you would otherwise receive from Adyen can be reduced or eliminated if you owe Adyen any amounts, whether those amounts are currently due or arise in the future.
ConductAtlas has identified this type of provision across 219 platforms. See the full comparison.
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