This document is a supplemental document appertaining to section 9 of the Software as a Service Agreement (Saas).
- PaperClip accepts payments by debit or credit card only.
- PaperClip will require the customer to pay the invoice online before or on the due date of the invoice.
- Price increases will be capped at RPI + 1% and will only be applied a maximum of once per subscription period.
- The customer may request to store their Credit or Debit card number and expiry date in an encrypted format for recurring billing once the initial payment has been verified.
- The customer can have this information removed at any time upon request. Subject to Section 9.2 of the SaaS Agreement.
- PaperClip uses a paper free billing system and all invoices are delivered by email to the appointed accounts email address.
- You can review and print invoices online at https://pclip.net/billing
- All invoices are due within 5 days of the invoice date.
- Where a customer’s account is suspended for late payment, a re-establishment fee of £25 is payable.
- Where a customer does not comply with section 9.2 section B of the SaaS agreement through continual late payment or unreasonable conduct, we reserve the right to appropriate the remaining balance owed to us for the period defined in the SaaS contract.
- Late fees of are automatically applied to invoices should they remain outstanding. You are automatically liable for these charges if no payment is made within 5 days of the invoice date.
