EFT Networks definition

EFT Networks means (i) Interlink Network Inc., Maestro U.S.A., Inc., STAR Networks, Inc., NYCE Payments Network, LLC, PULSE Network LLC, ACCEL/Exchange Network, Alaska Option Services Corporation, Armed Forces Financial Network, Credit Union 24, Inc., NETS, Inc., and SHAZAM, Inc.; and (ii) any other organization or association that hereafter authorizes Elavon or a third party designated by Company to authorize, capture, and settle Transactions effected with Debit Cards, and any successor organization or association to any of the foregoing.
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EFT Networks means (i) Interac and any services offered by Interac, including online, debit and contactless services permitting Cardholders to pay for goods and services by debiting money directly from their accounts; and (ii) any other organization, association, service or network that hereafter authorizes, enables or is approved by Elavon or Member to authorize, capture, or settle Transactions effected with Debit Cards, and any successor organization or association to any of the foregoing.
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EFT Networks means the electronic funds transfer networks identified on Schedule 6.9 attached hereto.
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Examples of EFT Networks in a sentence

  • The Internet device used by Merchant must meet or exceed the minimum communication and encryption protocol set forth by the EFT Networks.

  • A consumer sued a check guarantee company that hired EFT Networks to use the ACH system to process the consumer’s returned checks.

  • Internal Use Only: EFT Networks Data Entry Code: Data Entry Date: ACH Debits & Online Payments Are Now Available….

  • Merchant must participate in an approved authentication program as designated by the EFT Networks.

  • Merchant must submit its authentication procedures to Servicer for approval by the appropriate EFT Networks, and Merchant warrants that it will follow such authentication procedures for each PIN-less Bill Payment Transaction.

  • Debit Card Rules: All applicable rules and operating regulations of the EFT Networks, and all rules, operating regulations, and guidelines for Debit Card Transactions issued by Elavon from time to time, including, without limitation, all amendments, changes, and revisions made thereto from time to time.

  • The Internet device used by Company must meet or exceed the minimum communication and encryption protocol set forth by the EFT Networks.

  • Company must participate in an approved authentication program as designated by the EFT Networks.

  • For purposes of Transactions in Canada, the Debit Card Rules include all applicable rules and operating regulations of the EFT Networks, and all rules, directions, operating regulations, and guidelines for Debit Card Transactions issued by Servicer from time to time, including, without limitation, all amendments, changes, and revisions made thereto from time to time.

  • A card with a magnetic stripe bearing the symbol(s) of one or more EFT Networks which enables the holder to make a payment by authorizing an electronic debit to the Cardholder's designated deposit account, including PIN-based, online debit Transactions.


More Definitions of EFT Networks

EFT Networks means electronic funds transfer networks such as Star Systems, PULSE EFT Association, NYCE, and any other similar organizations or associations, and any successor organizations or associations to any of the foregoing.
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EFT Networks means (i) Interlink Network Inc., Maestro U.S.A., Inc., STAR Networks, Inc., NYCE Payments Network, LLC, PULSE Network LLC, ACCEL/Exchange Network, Alaska Option Services Corporation, Armed Forces Financial Network, Credit Union 24, Inc., NETS, Inc., and SHAZAM, Inc.; and (ii) any other organization or association that hereafter authorizes Provider or a third party designated by Company to authorize, capture, and settle Transactions effected with Debit Cards, and any successor organization or association to any of the foregoing.
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EFT Networks means the electronic funds transfer networks identified on Schedule 1.1(b). Sellers represent and warrant that Schedule 1.1(b) is true and correct in all material respects.
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EFT Networks means (i) Interac and any services offered by Interac, including online, debit and contactless services permitting Cardholders to pay for goods and services by debiting money directly from their accounts; and
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Related to EFT Networks

  • BT Network means the communications network owned or leased by BT and used to provide a Service.

  • ACH Network means the funds transfer system, governed by the NACHA Rules, that provides funds transfer services to participating financial institutions.

  • Computer network means the interconnection of hardwire or wireless communication lines with a computer through remote terminals, or a complex consisting of 2 or more interconnected computers.

  • Network means the participating providers described in the Provider Directory.

  • Non-Network means any hospital, day care centre or other provider that is not part of the network.