Acquirer Merchant definition

Acquirer Merchant means any Merchant having a merchant agreement with Acquirer (or an Affiliate of Acquirer) or Acquirer (or an Affiliate of Acquirer) and a member bank jointly.
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Acquirer Merchant means a Merchant introduced to Planet Payment by Acquirer for which Planet Payment is to process Transactions hereunder.
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Acquirer Merchant means any Merchant having a merchant agreement with (i) Member, or (ii) GPPC (or an Affiliate of GPPC), or (iii) GPPC (or an Affiliate of GPPC) and Member jointly.
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Examples of Acquirer Merchant in a sentence

  • Acquirer can choose whether or not to fund the Acquirer Merchant.

  • Except as otherwise provided hereunder, no third person, including but not limited to any Acquirer Merchant, is intended to be a beneficiary of any term or provision of this Agreement, nor shall they have the right to enforce any obligation of the parties hereunder.

  • As a general rule the Acquirer Merchant shall solely bear the amount of any Presentment Losses incurred for DCC Transactions presented to Planet Payment more than 48 hours following the Transaction date and time (or such other time limit as may be agreed to by the parties).

  • Acquirer shall have the right to change the Currency Conversion ▇▇▇▇-up for any Acquirer Merchant upon not less than 48 hours notice to Planet Payment.

  • Enhanced or customized reporting and data analytics reports may be provided to Acquirer Merchants but there may be a reasonable additional cost to such Acquirer Merchant in connection with such enhanced or customized reporting, to be agreed by the parties, which shall be shared by the parties in such proportions as they shall agree.

  • The Acquirer Merchant shall be charged (or the Merchant Settlement Amount offset by) such Presentment Losses.

  • Notwithstanding anything contained in the foregoing, Acquirer shall have the right to switch an Acquirer Merchant referred to above to any other DCC provider if such Acquirer Merchant specifically requests such other DCC provider.

  • If Acquirer’s agreement with Acquirer Merchant for DCC services so provides, Acquirer Merchant shall solely bear the amount of such Interchange Differential incurred for DCC Transactions presented to Planet Payment, and the Acquirer Merchant shall be charged (or the Merchant Settlement Amount offset by) such Interchange Differential.

  • Any Merchant Compensation payable directly from Acquirer to an Acquirer Merchant shall be payable out of the Gross FX Margin for a Foreign Transaction.

  • Neither Planet Payment nor any of its parents, Affiliates, or subsidiaries shall solicit any Acquirer Merchant to use any services, which are competitive to those of Acquirer or of any Affiliate of Acquirer (including the DCC services contemplated hereunder) during the Term of this Agreement.