Common use of Acceptance Currencies Clause in Contracts

Acceptance Currencies. It is the Merchant’s responsibility to set its prices in the various Acceptance Currencies. ISO can make available to the Merchant for download a daily currency exchange rate table. However, the Merchant can choose to set prices for its goods and services as it wishes, either by reference to such exchange rate table, or any other exchange rate source, or as localized pricing in a fixed amount in the Acceptance Currency (e.g. £29.99). MCP Transactions will be cleared through the applicable Card Brands in the selected Acceptance Currency. The MCP shall apply only to those Cards issued under the brands of Visa, Mastercard or such other Card Brands included within the MCP that are billed to the Cardholder in an Acceptance Currency.

Appears in 15 contracts

Samples: Merchant Agreement, Merchant Agreement, Merchant Agreement

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Acceptance Currencies. It is the Merchant’s responsibility to set its prices in the various Acceptance Currencies. ISO can make available to the Merchant for download a daily currency exchange rate table. However, the Merchant can choose to set prices for its goods and services as it wishes, either by reference to such exchange rate table, or any other exchange rate source, or as localized pricing in a fixed amount in the Acceptance Currency (e.g. £29.99). MCP Transactions will be cleared through the applicable Card Brands in the selected Acceptance Currency. The MCP shall apply only to those Cards issued under the brands of Visa, Mastercard MasterCard or such other Card Brands included within the MCP that are billed to the Cardholder in an Acceptance Currency.

Appears in 4 contracts

Samples: Equipment Lease Agreement, Equipment Lease Agreement, Equipment Lease Agreement

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Acceptance Currencies. It is the Merchant’s responsibility to set its prices in the various Acceptance Currencies. ISO can make available to the Merchant for download a daily currency exchange rate table. However, the Merchant can choose to set prices for its goods and services as it wishes, either by reference to such exchange rate table, or any other exchange rate source, or as localized pricing in a fixed amount in the Acceptance Currency (e.g. £29.99). MCP Transactions will be cleared through the applicable Card Brands Associations in the selected Acceptance Currency. The MCP shall apply only to those Cards issued under the brands of Visa, Mastercard MasterCard or such other Card Brands Associations included within the MCP that are billed to the Cardholder in an Acceptance Currency.

Appears in 1 contract

Samples: Equipment Lease Agreement

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