Common use of Acquirer Clause in Contracts

Acquirer. “Acquirer” means a sponsoring financial institution or payment processor that enters into an agreement which enables merchants, government entities or their Agent(s) to submit Transactions to a payment network.

Appears in 4 contracts

Samples: Payment Processing Agreement, Payment Processing Agreement, Payment Processing Agreement

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Acquirer. “Acquirer” means a sponsoring financial institution or payment processor that enters into an agreement which enables merchants, government entities merchants or their Agent(sagent(s) to submit Transactions to a payment networkPayment Network.

Appears in 1 contract

Samples: Merchant Services Agreement

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