Common use of Merchant’s General Duties Clause in Contracts

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.