Common use of Merchants Clause in Contracts

Merchants. Service Channel is a channel, in Maksekeskus’s environment, meant for the Merchant, where the Merchant can execute the procedures enabled by Maksekeskus; Xxxxxxxx`s Representative Is Xxxxxxxx`s Contact Person, beneficial owner, member of managerial body, representative or other person whose Personal Data the Merchant has submitted to Maksekeskus and who is not a Payer; Credit Card is a Visa, MasterCard or Maestro debit or credit card; Confidential Information is the information specified in clause 9 of the Agreement; Contact Person is the person designated by the Party in the Agreement, who has the rights and responsibilities specified in the Agreement; Agreement is the agreement on the provision of Service along with the General Terms and Conditions and annexes both existing and to be entered into in the future; Additional Services are supplementary services provided to the Merchant by Maksekeskus in addition to the Main Service. List and conditions of the Additional Services is provided on the Website of Maksekeskus; Payment Environment is Maksekeskus’s online environment at xxxxx://xxxxxxx.xxxxxxxxxxx.xx; Maksekeskus is the person specified in clause 1.1.1 of the Agreement; Website of Maksekeskus Is website of Maksekeskus available at xxx.xxxxxxxxxxx.xx; Payment Method is a payment method in the Payment Environment by and via which the Payer can pay the Transaction Amount; Payer is a natural or legal person who pays the Transaction Amount; Xxxxx’s Bank Account is the account from which the Payer has paid the Transaction Amount; Personal Data Are personal data of the Payer and/or Merchant`s Representative; GDPR Is General Data Protection Regulation, (EU) 2016/679. Bank Link is, in the case of bank link payments, the text and/or graphic symbols used by banks by and via which the Payer is directed to the Payer’s bank account; Banking Day is a calendar day, which is not a Saturday, Sunday or public or national holiday established by the laws of the Republic of Estonia or another calendar day on which banks are closed for settlement; Party is Maksekeskus and/or Merchant separately; Parties is Maksekeskus and Merchant jointly; Main Service is a service provided by Maksekeskus to the Merchant, in accordance to which the Merchant authorises Maksekeskus to accept the Transaction Amount that Maksekeskus forwards to the Merchant on its behalf, pursuant to the terms and conditions agreed on in the Agreement. The content of the Service is described in detail in 5; Private Key is a sequence of symbols, shared between the Parties via the Merchant’s Service Channel, and used by the relevant Party to authenticate the Digital Signature generated by the other Party. A different Private Key shall be shared with each Merchant’s Website Message is data exchanged by the Parties via their information systems pursuant to the requirements specified in the Technical Guidelines; Refund Order is a Transaction Order sent by the Merchant to Maksekeskus for refunding a Transaction Amount paid by the Payer to the Buyer in full or in part; Fee is the fee for Maksekeskus, paid by the Merchant to Maksekeskus for the provision of the Service; Notification Channel is an information channel for Service repair and maintenance works, located at the address xxxxxx.xxxxxxxxxxx.xx; Service is jointly or separately Main Service and Additional Service; Transaction is an order, provided by the Payer via Maksekeskus, for payment for a good or service, or other procedure allowed by Maksekeskus; Transaction Confirmation is a Message forwarded to the Merchant by Maksekeskus, which must conform to the requirements set forth in the Technical Guidelines; Transaction Order is a Message forwarded by the Merchant to Maksekeskus, which must conform to the requirements set forth in the Technical Guidelines; Transaction Amount is the amount the Payer pays to Maksekeskus’s bank account and which Maksekeskus forwards to the Merchant’s bank account on the terms and conditions agreed in the Agreement; Technical Guidelines is a set of guidelines established by Maksekeskus, which is available at xxxx://xxxxxxxxxxx.xx/juhend; Business Day is a calendar day, which is not a Saturday, Sunday or public or national holiday established by the laws of the Republic of Estonia; Authorisation is authorisation granted by the Merchant to Maksekeskus under the Agreement, with which the Merchant authorises Maksekeskus to accept, on the behalf of the Merchant, the Transaction Amount to be paid by the Payer. General Terms and Conditions are these general terms and conditions of Maksekeskus, which are available on the Website of Maksekeskus and shall be applied to all Services provided to the Merchant by Maksekeskus.

Merchants. Service Channel is a channel, in Maksekeskus’s environment, meant for the Merchant, where the Merchant can execute the procedures enabled by Maksekeskus; Xxxxxxxx`s Representative Is Xxxxxxxx`s Contact Person, beneficial owner, member of managerial body, representative or other person whose Personal Data the Merchant has submitted to Maksekeskus and who is not a Payer; Credit Card is a Visa, MasterCard or Maestro debit or credit card; Confidential Information is the information specified in clause 9 of the Agreement; Contact Person is the person designated by the Party in the Agreement, who has the rights and responsibilities specified in the Agreement; Agreement is the this agreement on the provision of Service along with the General Terms and Conditions and annexes both existing and to be entered into in the future; Additional Services are supplementary services provided to the Merchant by Maksekeskus in addition to the Main Service. List and conditions of the Additional Services is provided on the Website of Maksekeskus; Payment Environment is Maksekeskus’s online environment at xxxxx://xxxxxxx.xxxxxxxxxxx.xx; Maksekeskus is the person specified in clause 1.1.1 Error! Reference source not found. of the Agreement; Website of Maksekeskus Is website of Maksekeskus available at xxx.xxxxxxxxxxx.xx; Payment Method is a payment method in the Payment Environment by and via which the Payer can pay the Transaction Amount; Payer is a natural or legal person who pays the Transaction Amount; Xxxxx’s Bank Account is the account from which the Payer has paid the Transaction Amount; Personal Data Are personal data of the Payer and/or Merchant`s Representative; GDPR Is General Data Protection Regulation, (EU) 2016/679. Bank Link is, in the case of bank link payments, the text and/or graphic symbols used by banks by and via which the Payer is directed to the Payer’s bank account; Banking Day is a calendar day, which is not a Saturday, Sunday or public or national holiday established by the laws of the Republic of Estonia or another calendar day on which banks are closed for settlement; Party is Maksekeskus and/or Merchant separately; Parties is Maksekeskus and Merchant jointly; Main Service on is a service provided by Maksekeskus to the Merchant, in accordance to which the Merchant authorises Maksekeskus to accept the Transaction Amount that Maksekeskus forwards to the Merchant on its behalf, pursuant to the terms and conditions agreed on in the Agreement. The content of the Service is described in detail in 5; Private Key is a sequence of symbols, shared between the Parties via the Merchant’s Service Channel, and used by the relevant Party to authenticate the Digital Signature generated by the other Party. A different Private Key shall be shared with each Merchant’s Website Message is data exchanged by the Parties via their information systems pursuant to the requirements specified in the Technical Guidelines; Refund Order is a Transaction Order sent by the Merchant to Maksekeskus for refunding a Transaction Amount paid by the Payer to the Buyer in full or in part; Fee is the fee for Maksekeskus, paid by the Merchant to Maksekeskus for the provision of the Service; Notification Channel is an information channel for Service repair and maintenance works, located at the address xxxxxx.xxxxxxxxxxx.xx; Service is are jointly or separately Main Service and Additional Service; Transaction is an order, provided by the Payer via Maksekeskus, for payment for a good or service, or other procedure allowed by Maksekeskus; Transaction Confirmation is a Message forwarded to the Merchant by Maksekeskus, which must conform to the requirements set forth in the Technical Guidelines; Transaction Order is a Message forwarded by the Merchant to Maksekeskus, which must conform to the requirements set forth in the Technical Guidelines; Transaction Amount is the amount the Payer pays to Maksekeskus’s bank account and which Maksekeskus forwards to the Merchant’s bank account on the terms and conditions agreed in the Agreement; Technical Guidelines is a set of guidelines established by Maksekeskus, which is available at xxxx://xxxxxxxxxxx.xx/juhend; Business Day is a calendar day, which is not a Saturday, Sunday or public or national holiday established by the laws of the Republic of Estonia; Authorisation is authorisation granted by the Merchant to Maksekeskus under the Agreement, with which the Merchant authorises Maksekeskus to accept, on the behalf of the Merchant, the Transaction Amount to be paid by the Payer. General Terms and Conditions are these general terms and conditions of Maksekeskus, which are available on the Website of Maksekeskus and shall be applied to all Services provided to the Merchant by Maksekeskus.

Merchants. Service Channel is a channel, in Maksekeskus’s environment, meant for the Merchant, where the Merchant can execute the procedures enabled by Maksekeskus; Xxxxxxxx`s Representative Is Xxxxxxxx`s Contact Person, beneficial owner, member of managerial body, representative or other person whose Personal Data the Merchant has submitted to Maksekeskus and who is not a Payer; Credit Card is a Visa, MasterCard or Maestro debit or credit card; Confidential Information is the information specified in clause 9 of the Agreement; Contact Person is the person designated by the Party in the Agreement, who has the rights and responsibilities specified in the Agreement; Agreement is the agreement on the provision of Service along with the General Terms and Conditions and annexes both existing and to be entered into in the future; Additional Services are supplementary services provided to the Merchant by Maksekeskus in addition to the Main Service. List and conditions of the Additional Services is provided on the Website of Maksekeskus; Payment Environment is Maksekeskus’s online environment at xxxxx://xxxxxxx.xxxxxxxxxxx.xx; Maksekeskus is the person specified in clause 1.1.1 of the Agreement; Website of Maksekeskus Is website of Maksekeskus available at xxx.xxxxxxxxxxx.xx; Payment Method is a payment method in the Payment Environment by and via which the Payer can pay the Transaction Amount; Payer is a natural or legal person who pays the Transaction Amount; Xxxxx’s Bank Account is the account from which the Payer has paid the Transaction Amount; Personal Data Are personal data of the Payer and/or Merchant`s Representative; GDPR Is General Data Protection Regulation, (EU) 2016/679. Bank Link is, in the case of bank link payments, the text and/or graphic symbols used by banks by and via which the Payer is directed to the Payer’s bank account; Banking Day is a calendar day, which is not a Saturday, Sunday or public or national holiday established by the laws of the Republic of Estonia or another calendar day on which banks are closed for settlement; Party is Maksekeskus and/or Merchant separately; Parties is Maksekeskus and Merchant jointly; Main Service on is a service provided by Maksekeskus to the Merchant, in accordance to which the Merchant authorises Maksekeskus to accept the Transaction Amount that Maksekeskus forwards to the Merchant on its behalf, pursuant to the terms and conditions agreed on in the Agreement. The content of the Service is described in detail in 5; Private Key is a sequence of symbols, shared between the Parties via the Merchant’s Service Channel, and used by the relevant Party to authenticate the Digital Signature generated by the other Party. A different Private Key shall be shared with each Merchant’s Website Message is data exchanged by the Parties via their information systems pursuant to the requirements specified in the Technical Guidelines; Refund Order is a Transaction Order sent by the Merchant to Maksekeskus for refunding a Transaction Amount paid by the Payer to the Buyer in full or in part; Fee is the fee for Maksekeskus, paid by the Merchant to Maksekeskus for the provision of the Service; Notification Channel is an information channel for Service repair and maintenance works, located at the address xxxxxx.xxxxxxxxxxx.xx; Service is are jointly or separately Main Service and Additional Service; Transaction is an order, provided by the Payer via Maksekeskus, for payment for a good or service, or other procedure allowed by Maksekeskus; Transaction Confirmation is a Message forwarded to the Merchant by Maksekeskus, which must conform to the requirements set forth in the Technical Guidelines; Transaction Order is a Message forwarded by the Merchant to Maksekeskus, which must conform to the requirements set forth in the Technical Guidelines; Transaction Amount is the amount the Payer pays to Maksekeskus’s bank account and which Maksekeskus forwards to the Merchant’s bank account on the terms and conditions agreed in the Agreement; Technical Guidelines is a set of guidelines established by Maksekeskus, which is available at xxxx://xxxxxxxxxxx.xx/juhend; Business Day is a calendar day, which is not a Saturday, Sunday or public or national holiday established by the laws of the Republic of Estonia; Authorisation is authorisation granted by the Merchant to Maksekeskus under the Agreement, with which the Merchant authorises Maksekeskus to accept, on the behalf of the Merchant, the Transaction Amount to be paid by the Payer. General Terms and Conditions are these general terms and conditions of Maksekeskus, which are available on the Website of Maksekeskus and shall be applied to all Services provided to the Merchant by Maksekeskus.

Merchants. Service Channel is a channel, in Maksekeskus’s environment, meant for the Merchant, where the Merchant can execute the procedures enabled by Maksekeskus; Xxxxxxxx`s Representative Is Xxxxxxxx`s Contact Person, beneficial owner, member of managerial body, representative or other person whose Personal Data the Merchant has submitted to Maksekeskus and who is not a Payer; Credit Card is a Visa, MasterCard or Maestro debit or credit card; Confidential Information is the information specified in clause 9 of the Agreement; Contact Person is the person designated by the Party in the Agreement, who has the rights and responsibilities specified in the Agreement; Agreement is the agreement on the provision of Service along with the General Terms and Conditions and annexes both existing and to be entered into in the future; Additional Services are supplementary services provided to the Merchant by Maksekeskus in addition to the Main Service. List and conditions of the Additional Services is provided on the Website of Maksekeskus; Payment Environment is Maksekeskus’s online environment at xxxxx://xxxxxxx.xxxxxxxxxxx.xx; Maksekeskus is the person specified in clause 1.1.1 of the Agreement; Website of Maksekeskus Is website of Maksekeskus available at xxx.xxxxxxxxxxx.xx; Payment Method is a payment method in the Payment Environment by and via which the Payer can pay the Transaction Amount; Payer is a natural or legal person who pays the Transaction Amount; Xxxxx’s Bank Account is the account from which the Payer has paid the Transaction Amount; Personal Data Are personal data of the Payer and/or Merchant`s Representative; GDPR Is General Data Protection Regulation, (EU) 2016/679. Bank Link is, in the case of bank link payments, the text and/or graphic symbols used by banks by and via which the Payer is directed to the Payer’s bank account; Banking Day is a calendar day, which is not a Saturday, Sunday or public or national holiday established by the laws of the Republic of Estonia or another calendar day on which banks are closed for settlement; Party is Maksekeskus and/or Merchant separately; Parties is Maksekeskus and Merchant jointly; Main Service is a service provided by Maksekeskus to the Merchant, in accordance to which the Merchant authorises Maksekeskus to accept the Transaction Amount that Maksekeskus forwards to the Merchant on its behalf, pursuant to the terms and conditions agreed on in the Agreement. The content of the Service is described in detail in 5; Private Key is a sequence of symbols, shared between the Parties via the Merchant’s Service Channel, and used by the relevant Party to authenticate the Digital Signature generated by the other Party. A different Private Key shall be shared with each Merchant’s Website Message is data exchanged by the Parties via their information systems pursuant to the requirements specified in the Technical Guidelines; Refund Order is a Transaction Order sent by the Merchant to Maksekeskus for refunding a Transaction Amount paid by the Payer to the Buyer in full or in part; Fee is the fee for Maksekeskus, paid by the Merchant to Maksekeskus for the provision of the Service; Notification Channel is an information channel for Service repair and maintenance works, located at the address xxxxxx.xxxxxxxxxxx.xx; Service is jointly or separately Main Service and Additional Service; Transaction is an order, provided by the Payer via Maksekeskus, for payment for a good or service, or other procedure allowed by Maksekeskus; Transaction Confirmation is a Message forwarded to the Merchant by Maksekeskus, which must conform to the requirements set forth in the Technical Guidelines; Transaction Order is a Message forwarded by the Merchant to Maksekeskus, which must conform to the requirements set forth in the Technical Guidelines; Transaction Amount is the amount the Payer pays to Maksekeskus’s bank account and which Maksekeskus forwards to the Merchant’s bank account on the terms and conditions agreed in the Agreement; Technical Guidelines is a set of guidelines established by Maksekeskus, which is available at xxxx://xxxxxxxxxxx.xx/juhend; Business Day is a calendar day, which is not a Saturday, Sunday or public or national holiday established by the laws of the Republic of Estonia; Authorisation is authorisation granted by the Merchant to Maksekeskus under the Agreement, with which the Merchant authorises Maksekeskus to accept, on the behalf of the Merchant, the Transaction Amount to be paid by the Payer. General Terms and Conditions are these general terms and conditions of Maksekeskus, which are available on the Website of Maksekeskus and shall be applied to all Services provided to the Merchant by Maksekeskus.