Participation in the girocard scheme of the German Banking Industry Committee Musterklauseln

Participation in the girocard scheme of the German Banking Industry Committee. The Merchant is entitled to participate in the girocard scheme of the German Banking Industry Com- mittee subject to these Terms and Conditions. The girocard scheme enables cashless payments to be made at automated cash registers - girocard terminals. The Merchant‘s contracting partner with regard to authorisation of any single payment transaction is a relevant card-issuing payment service provider (see section 5 below). The entirety of payment service providers participating in the girocard scheme is hereinafter referred to as the Banking Industry.