Common Contracts

TERMS AND CONDITIONS

Terms and Conditions • June 7th, 2024 • Illinois

• Contract Type
  Terms and Conditions
• Filed
  June 7th, 2024
• Jurisdiction
  Illinois

This Merchant Processing Agreement is entered into by and among Processor, Bank and You, and it shall have an “Effective Date” as of the earlier of (i) the date You are first assigned a Merchant Identification Number by Processor and/or Bank or (ii) the first date that Processor provides You with one or more card processing Services. The Bank is a principal member of Mastercard International, Inc. (“Mastercard”) and Visa USA, Inc. (“Visa”). Processor participates in programs affiliated with the Card Networks. This Agreement contains the terms and conditions under which Processor and Bank will provide card processing Services. Processor will not accept any unilateral alterations of or strike‐outs to this Agreement and, if made, any such unilateral alterations or strike‐outs shall not apply or be valid.