Examples of Card Schemes in a sentence
If your annual Card transaction volume exceeds the amount specified by the Card Schemes Rules, you will need to enter into additional agreements directly with our Acquirers ("Commercial Entity Agreements").
Such reports are requested by the Card Schemes in order to charge fees of Merchants’ Transactions processed outside of the Marketplace’s region.
All fines and reporting fees imposed by the Card Schemes regulations will be borne by the Merchant.
The Marketplace enters into an agreement with each Merchant before it deposits Transactions on the Merchant’s behalf Marketplace is hereby giving its irrevocable consent to Credorax to provide the Card Schemes with quarterly reports relating to the Marketplace processing volume.
We may recover the amount of any Chargeback and any associated fees, fines, and/or penalties assessed by the Card Schemes or our Acquirers from funds credited to your Xxxxxx Account or paid out to your PayPal Account or any other funds due to you under these Payment Terms and Conditions.