Card payment system definition

Card payment system means a technical procedure by which
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Card payment system means the arrangements between us, other banks and Card Issuing Organisations for, amongst other things, the payment of debt and the extension of credit using cards.
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Card payment system means a technical procedure by which obligations owed a local unit or court may be paid by credit card or debit card.
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Examples of Card payment system in a sentence

  • By accepting these terms you also agree EmbassyCard is a closed loop stored value (“Prepaid”) Card Payment System and does not abide or work with Europay, VISA, Mastercard (EMV) network rules (“Network Rules”) as set forth by the card organizations including, but not limited to Visa, Mastercard and American Express (together, “Card Schemes”).

  • By accepting these terms you also agree EmbassyCard is a closed loop stored value (“Prepaid”) Card Payment System and does not abide or work, or comply with Europay, VISA, Mastercard (EMV) network rules (“Network Rules”) as set forth by those card organizations, or scheme, including but not limited to Visa, Mastercard and American Express (together, “Card Schemes”).

  • By accepting these terms you also agree EmbassyCard is a closed loop stored value (“Prepaid”) Card Payment System and does not abide or work with Europay, VISA, Mastercard (EMV) network rules (“Network Rules”) as set forth by the card organizations including, but not limited to V isa, M Express (together, “Card Schemes”).


More Definitions of Card payment system

Card payment system means a technical procedure by which tax obligations owed the State may be paid by credit card or debit card.
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Card payment system means card systems such as Visa or MasterCard responsible, amongst other things, for routing card payment authorisation and settlement requests between merchant acquirers and issuing banks (e.g. Raphaels);
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Related to Card payment system

  • payment system means a funds transfer system with formal and standardised arrangements and common rules for the processing, clearing and/or settlement of payment transactions;

  • Management System means an integrated set of interrelated and documented elements to prevent, control and improve the performance of a facility or group of facilities related to industrial safety, operational safety and environmental protection in the Hydrocarbons Sector.

  • securities settlement system means a securities settlement system (as defined in the CSD Regulation) operated by a central securities depository;

  • Customer Account Information means personally identifiable information including Personal Data and Consumption Data. Customer Account Information also includes information received by the Company from the customer for purposes of participating in regulated utility programs, including, but not limited to bill pay assistance, shutoff protection, renewable energy, demand-side management, load management, or energy efficiency.

  • Payment Network means a debit or credit network (such as the ACH Network or ACCEL / Exchange payment network) through which funds may be transferred.

  • Settlement System Code means the specifications, standards, methods, calculations and conventions established under the AUC Settlement System Code Rule 021, as amended or replaced from time to time;

  • Card Account means the account maintained with the Bank in respect of the Card;

  • Payment card means a credit card, charge card, debit card, or any other card that is issued to an authorized card user and that allows the user to obtain, purchase, or receive goods, services, money, or anything else of value from a merchant.

  • payment service user means a natural or legal person making use of a payment service in the capacity of either payer or payee, or both;

  • Retirement system means a retirement plan or system that is established by or pursuant to title 38.

  • Collection Accounts As defined in Section 3.10(a).

  • Safety Management System means a systematic approach to managing safety, including the necessary organisational structures, accountabilities, policies and procedures;

  • Customer Account means an account carried by a Participant on behalf of a Customer.

  • Database Management System (“DBMS”) is a computer process used to store, sort, manipulate and update the data required to provide Selective Routing and ALI.

  • Agent Payment Account means account no. 5000000030266 of Agent at Wachovia Bank, National Association, or such other account of Agent as Agent may from time to time designate to Administrative Borrower as the Agent Payment Account for purposes of this Agreement and the other Financing Agreements.