Merchant’s General Duties. 1.1 Merchant will comply with the terms and conditions of the Agreement for submitting and processing Charges and Credit Vouchers with Provider. Provider is responsible to Merchant for processing Transactions under the Operating Rules for the Services to which Merchant subscribes, which may vary among Card types. The applicable discount rates for Debit Cards and Credit and Business Cards are stated on the FEE SCHEDULE provided in or with the Application, as the same may be modified from time to time as provided herein. Merchant shall designate which Card type(s) Merchant will accept upon the signing of the Application.
1.2 Merchant may choose to accept (in the case of Visa and MasterCard acceptance) (i) Debit Cards only, or (ii) Credit and Business Cards only, or (iii) both Debit Cards and Credit and Business Cards, in each case of the Card Networks designated by Merchant on the Application.
1.3 Merchant agrees to, at all times, comply with the applicable Operating Rules, this Agreement, and any future rules, guidelines, or other documents provided or made available to Merchant by Provider or the Card Networks in honoring and accepting properly presented Cards.
Merchant’s General Duties. 3.1 Merchant will comply with this Merchant Agreement (including the terms of the Card Acceptance Guide), the Card Brand Rules and all applicable federal, state and local laws, rules and regulations (collectively “Laws”), including but not limited to laws and regulations regarding anti-money laundering compliance, as they may be modified and amended from time to time, for submitting and processing Transactions with Bank and Clearent, performing its obligations under this Merchant Agreement, and otherwise conducting its business. In the event of any inconsistency between this Merchant Agreement and the Card Brand Rules, the Card Brand Rules will govern. Merchant shall be charged an annual fee, beginning in the fourth month, for each Merchant account for governmental and Card Brand compliance in support of programs developed by Clearent to ensure compliance with all federal regulations as mandated, inclusive of, but not limited to annual income reporting, Tax ID Number (TIN) and legal name matching. Notwithstanding the foregoing, additional fees may be assessed for a non-matching TIN and legal name, and Merchant may be subject to back up withholding as mandated by the Internal Revenue Service (IRS).
Merchant’s General Duties. 3.1 Merchant will comply with this Agreement for submitting and processing Charges and Credit Vouchers with Bank. Bank is responsible to Merchant for processing Card Transactions under the Operating Rules for the Card Program services to which Merchant subscribes, which may vary among Card types.
Merchant’s General Duties. Merchant will comply with this Agreement, as well as the Operating Rules and all applicable laws, rules, and regulations for submitting and processing Charges and Credit Vouchers with Bank. Bank is responsible to Merchant for processing Card Transactions under the Operating Rules for the Card Program services to which Merchant subscribes, which may vary among Card types.
a. Merchant may choose to accept (in the case of Visa or MasterCard Acceptance) (i) Debit Cards only, or (ii) Credit and Business Cards only, or (iii) both Debit Cards and Credit and Business Cards, in each case of the Card Networks designated by Merchant on the Application. The applicable discount rates for Debit Cards and Credit and Business Cards are stated on the FEE SCHEDULE provided in or with the Application, as the same may be modified from time to time as provided herein. Merchant shall designate which Card type(s) Merchant will accept upon the signing of the Application.
b. For Card Transactions, Merchant agrees (in the case of each of the following, to the extent such agreement is not prohibited by mandatory provisions of applicable laws, rules, or regulations) to: (i) honor all Valid Cards of the Card type(s) selected under Paragraph 3(b); (ii) with respect to the Card Networks whose Cards Merchant so selects, honor all Cards, regardless of type(s), issued by a non U.S. Card Issuer; (iii) not accept Cardholder payments for previous Card charges incurred at the Merchant location; (iv) not establish minimum or maximum amounts for Card Charges or Credit Vouchers unless otherwise required or allowed by the Operating Rules; (v) not impose any surcharge or convenience fee on Card Charges or transactions if the surcharge or convenience fee is prohibited by the Operating Rules; (vi) not require a Cardholder to complete a postcard or similar device that includes the Cardholder Account number, Card expiration date, Card Verification Value 2 (CVV 2), signature or any other Card account data in plain view when mailed; (vii) not add any tax to transactions, unless applicable law expressly requires that Merchant be permitted to impose a tax; any tax amount, if allowed, must be included in the Charge amount and not collected separately; (viii) not request or use a Cardholder Account number for any purpose other than as payment for Merchant’s goods or services; (ix) not disburse funds in the form of travelers checks or other non‐cash media, if the sole purpose is to allow a Cardholder to make ...
Merchant’s General Duties. 3.1 Merchant will comply with this Merchant Agreement (including the terms of the Card Acceptance Guide), the Card Brand Rules and all applicable federal, state and local laws, rules and regulations (collectively “Laws”), including but not limited to laws and regulations regarding anti-money laundering compliance, as they may be modified and amended from time to time, for submitting and processing Transactions with Bank and Clearent, performing its obligations under this Merchant Agreement, and otherwise conducting its business. Xxxxxxxx is responsible for staying apprised of all applicable changes to the Card Brand Rules and maintaining compliance therewith. In the event of any inconsistency between this Merchant Agreement and the Card Brand Rules, the Card Brand Rules will govern. Merchant shall be charged an annual fee, beginning in the fourth month, for each Merchant account for governmental and Card Brand compliance in support of programs developed by Clearent to ensure compliance with all federal regulations as mandated, inclusive of, but not limited to annual income reporting, Tax ID Number (TIN) and legal name matching. Notwithstanding the foregoing, additional fees may be assessed for a non-matching TIN and legal name, and Merchant may be subject to back up withholding as mandated by the Internal Revenue Service (IRS).
Merchant’s General Duties. Merchant will comply with this Agreement, as well as the Operating Rules and all applicable laws, rules, and regulations for submitting and processing Charges and Credit Vouchers with Bank. Bank is responsible to Merchant for processing Card Transactions under the Operating Rules for the Card Program services to which Merchant subscribes, which may vary among Card types.
a. Merchant may choose to accept (in the case of Visa or MasterCard Acceptance) (i) Debit Cards only, or (ii) Credit and Business Cards only, or (iii) both Debit Cards and Credit and Business Cards, in each case of the Card Networks designated by Merchant on the Application. The applicable discount rates for Debit Cards and Credit and Business Cards are stated on the FEE SCHEDULE provided in or with the Application, as the same may be modified from time to time as provided herein. Merchant shall designate which Card type(s) Merchant will accept upon the signing of the Application.
Merchant’s General Duties. 3.1 Merchant will comply with this Merchant Agreement (including the terms of the Card Acceptance Guide), the Card Brand Rules and all applicable federal, state and local laws, rules and regulations (collectively “Laws”), including but not limited to laws and regulations regarding anti-money laundering compliance, as they may be modified and amended from time to time, for submitting and processing Transactions with Moolah/Clearent, and Bank, performing its obligations under this Merchant Agreement, and otherwise conducting its business. In the event of any inconsistency between this Merchant Agreement and the Card Brand Rules, the Card Brand Rules will govern. Fees may be assessed for a non-matching TIN and legal name, and Merchant may be subject to back up withholding as mandated by the Internal Revenue Service (IRS).
Merchant’s General Duties. 1.1 Merchant is responsible for any advice from, acts of and omissions of Merchant's employees, consultants, advisors, contractors, agents, officers and directors. Merchant is responsible for the use, unauthorized use or misuse of Merchant's equipment or software.
1.2 Merchant shall examine each Card physically presented at the point of sale to determine that the Card presented is valid and has not expired. Merchant shall exercise reasonable diligence to determine that the authorized signature on any Card physically presented corresponds to the Cardholder’s signature on the Charge Record.
1.3 With respect to any Transaction for which a Cardholder is not physically present at the point of sale, such as in any online, mail, telephone or recurring Transaction, Merchant must have notified Processor on the Application or otherwise obtained Processor's prior written approval of Merchant's intention to conduct such Transactions, have procedures in place to ensure that such Transaction is made to a purchaser who actually is the Cardholder and shall at all times comply with the terms of the CNP Addendum and the Operating Rules..
1.4 Merchant agrees to accept all categories of Visa and MasterCard Cards unless Merchant has notified Processor on the Application or otherwise in writing of its election to limit its acceptance of Cards. All such limitations must comply with the Operating Rules in all instances.
1.5 Merchant consents to receiving Documents electronically rather than in paper form. Processor will notify Merchant that a Document is available at Processor's web site with a link to that specific page of the web site containing the Document. Merchant agrees that such notification will be sent to Merchant at the e-mail address provided as part of the Application. Merchant understands and acknowledges that access to the Internet, e-mail and the worldwide web are required for Merchant to access a Document electronically and Merchant confirms that Merchant has such access. Merchant understands that there are costs related to access Documents electronically and Merchant agrees that Merchant is responsible for these related access costs. At any time and without giving Merchant advance notice, Bank and/or Processor may elect not to send a Document electronically, in which case a paper copy of the Document will be sent to Merchant or such Document shall otherwise be provided as provided for herein.
Merchant’s General Duties a. During the term of this Merchant Agreement, Processor will be Merchant’s exclusive provider of all Transaction processing services and Merchant will not use the services of any other entity other than Processor for such services. Merchant agrees to submit all Transactions to Processor via electronic data transmissions in accordance with Processor’s formats and procedures.
b. Except where expressly permitted by law or the Rules, Merchant shall not (i) set a dollar amount above or below which Merchant refuses to honor otherwise valid Payment Instruments, (ii) engage in any practice that unfavorably discriminates against or provides unequal treatment of any Payment Brand, (iii) require the Customer to pay the fees payable by Merchant under this Merchant Agreement, (iv) issue refunds for Transactions by cash or cash equivalent (e.g., check), (v) submit a single Transaction in multiple lower value Transactions, (vi) refuse to honor an otherwise valid Payment Instrument, (vii) accept Customer payments for previous charges incurred at the Merchant location, (viii) impose any surcharge or convenience fee on a Transaction, (ix) require a Customer to provide fingerprints or other personal information, such as address, license, telephone number or social security number as a condition for honoring a Payment Instrument, (x) accept Payment Instruments for the sale of casino gaming chips, money orders, opening deposits on financial or other accounts, wire transfer money orders, the issuance of scrip or the like, (xi) require a Customer, as a condition of honoring a Payment Instrument, to sign a statement that waives the Customer's rights to dispute the transaction with the Payment Brand, (xii) require a Customer to complete a postcard or similar device that includes the Customer’s Payment Instrument account number, expiration date, or any other account data in plain view when mailed, (xiii) request or use a Payment Instrument account number for any purpose except as payment for its goods or services.
c. Merchant is responsible for any advice from, acts of and omissions of Merchant's employees, consultants, advisors, contractors, agents, officers and directors. Merchant is responsible for the use, unauthorized use or misuse of Merchant's equipment or software.
d. Merchant shall examine each Payment Instrument physically presented at the point of sale to determine that the Payment Instrument presented is valid and has not expired. Merchant shall exercise reasonable dil...
Merchant’s General Duties
