Card Processor definition

Card Processor means a third-party payment network card (e.g., Global Processing Services) processor.
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Card Processor means any Person engaged from time to time by Bank to (i) produce, emboss and deliver Cards, (ii) assemble enrollment kits, (iii) effect and process Cardholders’ transactions on the Cards, and (iv) perform any other Processing Services on behalf of Bank with respect to a Card Program.
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Card Processor means the institution which processes card transactions on our behalf.
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Examples of Card Processor in a sentence

  • The Prepaid Card Processor may provide Client with access to an Internet or cloud based system to manage the Prepaid Card (“Prepaid Card System”).

  • AFEX may change the Prepaid Card Processor at any time with written notice to Client.

  • The Prepaid Card Processor is responsible for processing all transactions initiated with the Prepaid Card.

  • The Cardholder Not Present model is efficient and allows transactions to be completed when the buyer/payer is not physically on site but it does gives rise to a higher discount rate from the Merchant Card Processor on the presumption that there will be higher rates of fraud and more chargebacks.

  • There shall be no terms or conditions in any Merchant Agreement which allow the Card Processor to make claims against the Authority for any unpaid fees, charges or other amounts due from Contractor for services performed by the Card Processor including, Card Fees or Chargebacks or which describe or create a liability of any kind for the Authority.

  • For the sensitivity portion, the Planning Assessment may utilize a qualified past study or a current study to meet the requirements of TPL-001-4.

  • It is possible that certain Chargebacks incurred by the Debtors immediately prior to the Petition Date may not have been fully netted out against the Credit Card Processor Payments received by the Debtors prior to the Petition Date.

  • In such circumstances, to the extent that the netting of the parties’ obligations would not constitute recoupment, the Debtors seek the Court’s approval to allow the Credit Card Companies to setoff Chargebacks against Credit Card Processor Payments pursuant to section 362(d) of the Bankruptcy Code.

  • Without limiting any other obligations of the Contractor under this Contract, the Contractor shall be responsible in full for any penalties, fines, levies, audit fees, or other fees, remedies, or damages imposed by a Third Party, including by a Card Association, Card Processor, issuer of Payment Cards, Merchant Acquirer, or others in connection with Security Incident or other non-compliance with Privacy and Security Regulations.

  • Pursuant to the terms of the Debtors’ agreements and relationships with the Credit Card Processor, the Debtors are required to pay certain fees for credit card processing services (collectively, the “Processing Fees”).


More Definitions of Card Processor

Card Processor means the third party acquirer or other service provider that pays you the Settlement Amounts.
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Card Processor means a third-party payment network card (e.g., GPS processor.
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Card Processor means the company or other applicable association used by the Client for the processing of credit card payments.
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Card Processor means U.S. Bank National Association in its capacity as "Bank" under the Card Processing Agreement.
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Card Processor means an outsource service provider appointed by a Card Programme Manager and formally approved by the Firm to predominantly provide IT services (including Payment Authorisation Services) in relation to a Card Programme;
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Card Processor means an outsourced service provider appointed by a Card Programme Manager who provided IT services (in particular, Payment Authorisation Services) in relation to a Card Programme;
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Related to Card Processor

  • Credit Card Processor means any servicing or processing agent or any factor or financial intermediary who facilitates, services, processes or manages the credit authorization, billing transfer and/or payment procedures with respect to any Borrower’s or Guarantor’s sales transactions involving credit card or debit card purchases by customers using credit cards or debit cards issued by any Credit Card Issuer.

  • Sub-processor means any Data Processor engaged by MailChimp or its Affiliates to assist in fulfilling its obligations with respect to providing the Services pursuant to the Agreement or this DPA. Sub-processors may include third parties or members of the MailChimp Group.

  • Contracted Processor means a Subprocessor;

  • Data Processor means an entity that processes Personal Data on behalf of a Data Controller.

  • Processor means a natural or legal person, public authority, agency or other body which processes personal data on behalf of the controller;

  • Customs Broker/Carrier Agreement means an agreement in form and substance satisfactory to the Agent among a Loan Party, a customs broker, freight forwarder, consolidator, or carrier, and the Agent, in which the customs broker, freight forwarder, consolidator, or carrier acknowledges that it has control over and holds the documents evidencing ownership of the subject Inventory for the benefit of the Agent and agrees, upon notice from the Agent, to hold and dispose of the subject Inventory solely as directed by the Agent.

  • Lockbox Processor means Regulus Group II LLC, or its successors or assigns.

  • Card Issuer means the financial institution or company which has provided a Card to a Cardholder.

  • Credit Card Agreement means each form of credit card agreement between Seller and an Accountholder, including credit card agreements assigned to Seller pursuant to any purchase agreement, governing the use of an Account, together with any amendments, modifications, supplements, notices, disclosures, exhibits, annexes or attachments which now or hereafter may be made to or in connection with such Credit Card Agreement (and any replacement of such agreement).

  • the sub-processor means any processor engaged by the data importer or by any other sub-processor of the data importer who agrees to receive from the data importer or from any other sub-processor of the data importer personal data exclusively intended for processing activities to be carried out on behalf of the data exporter after the transfer in accordance with his instructions, the terms of the Clauses and the terms of the written subcontract;

  • Credit Card Issuer means any Person (other than a Loan Party) who issues or whose members issue credit cards or debit cards, including, without limitation, MasterCard or VISA bank credit or debit cards or other bank credit or debit cards issued through MasterCard International, Inc., Visa, U.S.A., Inc. or Visa International and American Express, Discover, Diners Club, Xxxxx Xxxxxxx and other non-bank credit or debit cards, including, without limitation, credit or debit cards issued by or through American Express Travel Related Services Company, Inc. or Discover Financial Services, Inc.

  • Retailer means every person engaged in the business of making sales at retail, or for distribution,

  • Merchant means a company, firm or other organisation accepting either all Cards as a means of payment for goods and/or services or at least one type of Card for business to business transactions.

  • Credit Card Notification has the meaning assigned to such term in Section 5.11.

  • Marijuana processor means a person who processes marijuana items in this state.

  • END USER CUSTOMER LOCATION means the physical location of the premises where an End User makes use of the telecommunications services.

  • Card Network means a payment card network, including the network operated by each of Visa, Mastercard, American Express and Discover.

  • Credit Card Agreements means all agreements now or hereafter entered into by any Borrower or any Guarantor for the benefit of any Borrower, in each case with any Credit Card Issuer or any Credit Card Processor, as the same now exist or may hereafter be amended, modified, supplemented, extended, renewed, restated or replaced, including, but not limited to, the agreements set forth on Schedule 8.16 hereto.

  • Card means the Visa credit card and any duplicates, renewals, or substitutions the Credit Union issues to you; "account" means your Visa credit card line-of-credit account with the Credit Union; and "Credit Union" means the Credit Union whose name appears on this Agreement or anyone to whom the Credit Union transfers this Agreement.

  • Credit card means any card, plate, coupon book, or other credit device ex- isting for the purpose of obtaining money, property, labor, or services on credit.

  • Credit/Debit Card means a thin plastic card that contains identification information, with the help of which the cardholder can pay for purchases and services, as well as withdraw cash from the account.

  • Payment Processor means any Person providing Payment Processing services in connection with another Person’s sale of goods or services, or in connection with any charitable donation.

  • Debit Card means a card, including a Smart Card, issued by the Financial Institution that allows the holder of the card to deposit cash and/or Instruments or withdraw cash from the Account through an ATM, authorize Transactions on the Account through an ATM, and that operates like an Instrument to purchase goods and services from merchants.

  • Reseller Agreement means the separate agreement between Customer and Reseller regarding the Services. The Reseller Agreement is independent of and outside the scope of This Agreement.

  • Private label credit card means any charge card, credit card, or other instrument serving a similar purpose that carries, refers to, or is branded with the name or logo of a vendor and that can only be used for purchases from the vendor.

  • Wireless services provider means a person who provides wireless services.