By accepting Insception’s terms and conditions and submitting your payment, you authorize Insception Lifebank to: i) debit your credit or debit card immediately for the above amount in accordance with your existing Cord Blood and/or Cord Tissue Service Agreement. The payment will be applied to your outstanding balance ii) in accordance with our merchant preauthorization agreement, the payment details entered for this transaction may be utilized for future payments that are in arrears according to your contract terms.