The Charges for the Services shall be the amount set out at the point of sale.
All payments to My Trader Website for provision of services will be processed via Pre Authorised Direct Debit. Alternative payment methods are accepted at the sole discretion of My Trader Website and may incur additional processing or administrative fees.
Without prejudice to any other right or remedy that My Trader Website may have, if the Customer fails to pay My Trader Website on the due date My Trader Website may:
(a) charge interest on such sum from the due date for payment at the annual rate of 8% above the base lending rate from time to time of national Westminster Bank, accruing on a daily basis and being compounded quarterly until payment is made, whether before or after any judgment. My Trader Website may claim interest under the Late Payment of Commercial Debts (Interest) Act 1998; and
(b) Suspend all Services until payment has been made in full.
(c) If the customer’s account remains in debt for two consecutive months then a £40 late payment fee will be added to the customer’s outstanding balance (£70 if the outstanding invoice is £1,000 or more).
In the event of non-payment, My Trader Website reserves the right to immediately suspend all services, including website hosting, email services, and access to associated systems, without further notice.
Services will only be restored once all outstanding balances, including any applicable late fees and reactivation charges, have been paid in full.