Common use of Acquirers Clause in Contracts

Acquirers. BlueSnap is entering into this agreement on behalf of the Acquirer identified in the BlueSnap Terms & Conditions. Transactions may be processed through either a specified or a number of different Acquirers and processing options. Access to certain Acquirers and processing options may be subject to specific requirements and procedures with which the Merchant shall comply in order to make use thereof whether such requirements are set by BlueSnap, a Card Association or Acquirer. Specific provisions required by an applicable Acquirer may be an exhibit to BlueSnap Terms And Conditions and Merchant shall comply with same. Authorization in respect of a transaction is not a guarantee of payment. The use of certain Acquirers and aggregate transaction amounts may be subject to Merchant entering into direct agreements with the respective Acquirers and upon terms that are beyond the control of BlueSnap, including where appropriate the documents set out in Exhibit 1 of the aforesaid BlueSnap Terms and Conditions or attached to said Terms And Conditions as an exhibit. Certain practices undertaken by the Merchant (such as receiving and storing Credit Card data) may require the Merchant to obtain and retain a certain PCI Level status at its own cost and/or providing proof of its financial standing. Merchant agrees that, if and when required by an Acquirer or under Card Association Rules or such other applicable industry requirement, and/or upon presentation by BlueSnap, Merchant shall enter into an applicable merchant agreement, sub-merchant agreement and/or Acquirer Agreement or as the case may be with the appropriate Acquirer(s) on the terms set forth therein by the applicable Acquirer and subsequent transactions shall be governed by such agreements in addition to this Agreement. Merchant understands and acknowledges that BlueSnap does not have authority to negotiate, facilitate or allow changes to such Acquirer Agreements or similar required terms attached as an exhibit with BlueSnap Terms And Conditions. Should the Merchant fail to promptly execute such agreements then BlueSnap may terminate this Agreement immediately upon written notice. Merchant agrees and accepts that certain Acquirers may limit transactions to specific geographic areas and set minimum and maximum permitted transaction sums, and impose certain requirements relating to transaction volumes. Merchant acknowledges and consents to an Acquirer settling directly to Merchant when required by law, Card Association Rules or the Acquirer. New Acquirers and processing options may be introduced by BlueSnap throughout the duration of this agreement, and existing Acquirers and payment options may be withdrawn at any time. In the event that no suitable processing option can be offered by BlueSnap, BlueSnap shall not be liable for any loss of business so arising and may terminate this Agreement without further liability.

Appears in 1 contract

Samples: Bluesnap Merchant Agreement

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Acquirers. BlueSnap is entering into this agreement on behalf of the Acquirer identified in the BlueSnap Terms & Conditions. Transactions may be processed through either a specified or a number of different Acquirers and processing options. Access to certain Acquirers and processing options may be subject to specific requirements and procedures with which the Merchant shall comply in order to make use thereof whether such requirements are set by BlueSnap, a Card Association or Acquirer. Specific provisions required by an applicable Acquirer may be an exhibit to BlueSnap Terms And Conditions and Merchant shall comply with same. Authorization in respect of a transaction is not a guarantee of payment. The use of certain Acquirers and aggregate transaction amounts may be subject to Merchant entering into direct agreements with the respective Acquirers and upon terms that are beyond the control of BlueSnap, including where appropriate the documents set out in Exhibit 1 of the aforesaid BlueSnap Terms and Conditions or attached to said Terms And Conditions as an exhibit. Certain practices undertaken by the Merchant (such as receiving and storing Credit Card data) may require the Merchant to obtain and retain a certain PCI Level status at its own cost and/or providing proof of its financial standing. Merchant agrees that, if and when required by an Acquirer or under Card Association Rules or such other applicable industry requirement, and/or upon presentation by BlueSnap, Merchant shall enter into an applicable merchant agreement, sub-merchant agreement and/or Acquirer Agreement or as the case may be with the appropriate Acquirer(s) on the terms set forth therein by the applicable Acquirer and subsequent transactions shall be governed by such agreements in addition to this Agreement. Merchant understands and acknowledges that BlueSnap does not have authority to negotiate, facilitate or allow changes to such Acquirer Agreements or similar required terms attached as an exhibit with BlueSnap Terms And Conditions. Should the Merchant fail to promptly execute such agreements then BlueSnap may terminate this Agreement immediately upon written notice. Merchant agrees and accepts that certain Acquirers may limit transactions to specific geographic areas and set minimum and maximum permitted transaction sums, and impose certain requirements relating to transaction volumes. Merchant acknowledges and consents to an Acquirer settling directly to Merchant when required by law, Card Association Rules or the Acquirer. New Acquirers and processing options may be introduced by BlueSnap throughout the duration of this agreement, and existing Acquirers and payment options may be withdrawn at any time. In the event that no suitable processing option can be offered by BlueSnap, BlueSnap shall not be liable for any loss of business so arising and may terminate this Agreement without further liability.

Appears in 1 contract

Samples: Bluesnap Merchant Agreement

Acquirers. BlueSnap is entering into this agreement Agreement on behalf of the Acquirer identified in the BlueSnap Merchant Terms & and Conditions. Transactions may be processed through either a specified or a number of different Acquirers and processing options. Access to certain Acquirers and processing options may be subject to specific requirements and procedures with which the Merchant shall comply in order to make use thereof whether such requirements are set by BlueSnap, a Card Association or an Acquirer. Specific provisions required by an applicable Acquirer may be an exhibit to BlueSnap Merchant Terms And and Conditions and Merchant shall comply with same. Authorization in respect of a transaction is not a guarantee of payment. The use of certain Acquirers and aggregate transaction amounts may be subject to Merchant entering into direct agreements with the respective Acquirers and upon terms that are beyond the control of BlueSnap, including where appropriate the documents set out in Exhibit 1 of the aforesaid BlueSnap Merchant Terms and Conditions or attached to said the BlueSnap Merchant Terms And and Conditions as an exhibit. Certain practices undertaken by the Merchant (such as receiving and storing Credit Card data) may require the Merchant to obtain and retain a certain PCI Level status at its own cost and/or providing proof of its financial standing. Merchant agrees that, if and when required by an Acquirer or under Card Association Rules or such other applicable industry requirement, and/or upon presentation by BlueSnap, Merchant shall enter into an applicable merchant agreement, sub-merchant agreement and/or Acquirer Agreement or as the case may be with the appropriate Acquirer(s) on the terms set forth therein by the applicable Acquirer and subsequent transactions shall be governed by such agreements in addition to this Agreement. Merchant understands and acknowledges that BlueSnap does not have authority to negotiate, facilitate or allow changes to such Acquirer Agreements or similar required terms attached as an exhibit with BlueSnap Merchant Terms And and Conditions. Xxxxxxxx further acknowledges and accepts that applicable Acquirer terms are set forth and contained in exhibits to the BlueSnap Merchant Terms and Conditions and Merchant acknowledges and agrees to be fully bound by such terms. Should the Merchant fail to promptly execute such agreements then BlueSnap may terminate this Agreement immediately upon written notice. Merchant Xxxxxxxx agrees and accepts that certain Acquirers may limit transactions to specific geographic areas and set minimum and maximum permitted transaction sums, and impose certain requirements relating to transaction volumes. Merchant acknowledges and consents to an Acquirer settling directly to Merchant when required by law, Card Association Rules or the Acquirer. New Acquirers and processing options may be introduced by BlueSnap throughout the duration of this agreementAgreement, and existing Acquirers and payment options may be withdrawn at any time. In the event that no suitable processing option can be offered by BlueSnap, BlueSnap shall not be liable for any loss of business so arising and may terminate this Agreement without further liability.

Appears in 1 contract

Samples: Merchant Agreement

Acquirers. BlueSnap is entering into this agreement Agreement on behalf of the Acquirer identified in the BlueSnap Terms & Conditions. Transactions may be processed through either a specified or a number of different Acquirers and processing options. Access to certain Acquirers and processing options may be subject to specific requirements and procedures with which the Merchant shall comply in order to make use thereof whether such requirements are set by BlueSnap, a Card Association or an Acquirer. Specific provisions required by an applicable Acquirer may be an exhibit to BlueSnap Terms And and Conditions and Merchant shall comply with same. Authorization in respect of a transaction is not a guarantee of payment. The use of certain Acquirers and aggregate transaction amounts may be subject to Merchant entering into direct agreements with the respective Acquirers and upon terms that are beyond the control of BlueSnap, including where appropriate the documents set out in Exhibit 1 of the aforesaid BlueSnap Terms and Conditions or attached to said Terms And and Conditions as an exhibit. Certain practices undertaken by the Merchant (such as receiving and storing Credit Card data) may require the Merchant to obtain and retain a certain PCI Level status at its own cost and/or providing proof of its financial standing. Merchant agrees that, if and when required by an Acquirer or under Card Association Rules or such other applicable industry requirement, and/or upon presentation by BlueSnap, Merchant shall enter into an applicable merchant agreement, sub-merchant agreement and/or Acquirer Agreement or as the case may be with the appropriate Acquirer(s) on the terms set forth therein by the applicable Acquirer and subsequent transactions shall be governed by such agreements in addition to this Agreement. Merchant understands and acknowledges that BlueSnap does not have authority to negotiate, facilitate or allow changes to such Acquirer Agreements or similar required terms attached as an exhibit with BlueSnap Terms And and Conditions. Merchant further acknowledges and accepts that applicable Acquirer terms are set forth and contained in exhibits to the said Terms and Conditions and Merchant acknowledges and agrees to be fully bound by such terms. Should the Merchant fail to promptly execute such agreements then BlueSnap may terminate this Agreement immediately upon written notice. Merchant agrees and accepts that certain Acquirers may limit transactions to specific geographic areas and set minimum and maximum permitted transaction sums, and impose certain requirements relating to transaction volumes. Merchant acknowledges and consents to an Acquirer settling directly to Merchant when required by law, Card Association Rules or the Acquirer. New Acquirers and processing options may be introduced by BlueSnap throughout the duration of this agreement, and existing Acquirers and payment options may be withdrawn at any time. In the event that no suitable processing option can be offered by BlueSnap, BlueSnap shall not be liable for any loss of business so arising and may terminate this Agreement without further liability.

Appears in 1 contract

Samples: Bluesnap Merchant Agreement

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Acquirers. BlueSnap is entering into this agreement Agreement on behalf of the Acquirer identified in the BlueSnap Terms & Conditions. Transactions may be processed through either a specified or a number of different Acquirers and processing options. Access to certain Acquirers and processing options may be subject to specific requirements and procedures with which the Merchant shall comply in order to make use thereof whether such requirements are set by BlueSnap, a Card Association or an Acquirer. Specific provisions required by an applicable Acquirer may be an exhibit to BlueSnap Terms And and Conditions and Merchant shall comply with same. Authorization in respect of a transaction is not a guarantee of payment. The use of certain Acquirers and aggregate transaction amounts may be subject to Merchant entering into direct agreements with the respective Acquirers and upon terms that are beyond the control of BlueSnap, including where appropriate the documents set out in Exhibit 1 of the aforesaid BlueSnap Terms and Conditions or attached to said Terms And and Conditions as an exhibit. Certain practices undertaken by the Merchant (such as receiving and storing Credit Card data) may require the Merchant to obtain and retain a certain PCI Level status at its own cost and/or providing proof of its financial standing. Merchant agrees that, if and when required by an Acquirer or under Card Association Rules or such other applicable industry requirement, and/or upon presentation by BlueSnap, Merchant shall enter into an applicable merchant agreement, sub-merchant agreement and/or Acquirer Agreement or as the case may be with the appropriate Acquirer(s) on the terms set forth therein by the applicable Acquirer and subsequent transactions shall be governed by such agreements in addition to this Agreement. Merchant understands and acknowledges that BlueSnap does not have authority to negotiate, facilitate or allow changes to such Acquirer Agreements or similar required terms attached as an exhibit with BlueSnap Terms And and Conditions. Merchant further acknowledges and accepts that applicable Acquirer terms are set forth and contained in exhibits to the said Terms and Conditions and Merchant acknowledges and agrees to be fully bound by such terms. Should the Merchant fail to promptly execute such agreements then BlueSnap may terminate this Agreement immediately upon written notice. Merchant agrees and accepts that certain Acquirers may limit transactions to specific geographic areas and set minimum and maximum permitted transaction sums, and impose certain requirements relating to transaction volumes. Merchant acknowledges and consents to an Acquirer settling directly to Merchant when required by law, Card Association Rules or the Acquirer. New Acquirers and processing options may be introduced by BlueSnap throughout the duration of this agreementAgreement, and existing Acquirers and payment options may be withdrawn at any time. In the event that no suitable processing option can be offered by BlueSnap, BlueSnap shall not be liable for any loss of business so arising and may terminate this Agreement without further liability.

Appears in 1 contract

Samples: Bluesnap Merchant Agreement

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