Common use of Acceptance of Payment Instruments and submission of Payment Transactions Clause in Contracts

Acceptance of Payment Instruments and submission of Payment Transactions. As payment for all goods and/or services offered by the Merchant in the ordinary course of business, the Merchant shall accept all Payment Instruments issued under any of the eligible Payment Service Providers when presented for payment, and agrees to comply fully with the Terms and Conditions set forth below and all rules/guidelines of the applicable Payment Service Provider regarding processes and procedures for authorization requirements for such Payment Instruments and/or instructions specified by the relevant Issuer.