Interac Direct Payment definition

Interac Direct Payment means the service provided by Interac to permit Cardholders to pay for goods and services by debiting money directly from their accounts using a POS Device equipped with a PIN pad with PIN verification.
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Examples of Interac Direct Payment in a sentence

  • Review your Rapid App and contact you to advise you if your application has been approved.• If Approved, you will be provided with your Visa, MasterCard and Interac Direct Payment Merchant Discount Rates using the information provided on the Rapid App.

  • The Interac Association is an unincorporated association which facilitates members’ transactions under a common set of rules and markets the two services provided, namely Interac Direct Payment and Shared Cash Dispensing.

  • The Interac Direct Payment (IDP) service allows customers to pay for purchases at the point of sale (EFTPOS).

  • ServicesInterac provides two basic services, Interac Direct Payment (IDP) and Shared Cash Dispensing (SCD).18 The SCD service has been operating nationally since 1986.

  • Debit: includes bill payments via: on-line, in branch, Telephone Banking or ABMs, Interac Direct Payment Purchases, pre-authorized debits and cheque writing; transfers between accounts include: online transfers, telephone transfers in-branch transfers and in-branch withdrawals.

  • Interac mandates that all merchants must convert their non-AFD point of sale equipment connected to the Interac Direct Payment network to be chip- enabled in accordance with the following schedule: (i) 35% by December 31, 2010, (ii) 60% by December 31, 2012, and (iii) 100% by December 31, 2015.

  • Interac mandates that all merchants must convert their non-AFD point of sale equipment connected to the Interac Direct Payment network to be chip-enabled in accordance with the following schedule: (i) 60% by December 31, 2012, and (ii) 100% by December 31, 2015.

  • There is no centralised switch in the Interac Direct Payment (EFTPOS) system.

  • Each time a customer makes an ABM withdrawal oran Interac Direct Payment transaction, Simply Save transfers a chosen amount (from 50 centsto five dollars) from the customer’s chequing account to a designated savings account.

  • What Are The Payment Options?You may repay your student loan by cheque, pre‐authorized payments, VISA, MasterCard, American Express and/or Interac Direct Payment.

Related to Interac Direct Payment

  • Non-Administrator Coordinated Home Care Program means a Coordinated Home Care Program which does not have an agreement with the Claim Administrator or a Blue Cross Plan but has been certified as a home health agency in accordance with the guidelines established by Medicare.

  • Participating Hospice Care Program Provider means a Hospice Care Program Provider that either: (i) has a written agreement with the Claim Administrator or another Blue Cross and/or Blue Shield to provide services to participants in this benefits program, or; (ii) a Hospice Care Program Provider which has been designated by a Blue Cross and/or Blue Shield Plan as a Participating Provider Option program.

  • As directed means the direction given by the Engineer In-Charge/Client/ Consultant.

  • Non-Participating Hospice Care Program Provider means a Hospice Care Program Provider that either: (i) does not have a written agreement with the Claim Administrator or another Blue Cross and/or Blue Shield to provide services to participants in this benefits program, or; (ii) a Hospice Care Program Provider which has not been designated by a Blue Cross and/or Blue Shield Plan as a Participating Provider Option program.

  • Public School Student Accessing Courses at a Distance means a student who is scheduled for a full course load through the District and attends all classes virtually.

  • Direct Participants means each person shown in the records of the Clearing Systems as a holder of the Securities;

  • Direct Participant or "DTC Participant": Any broker-dealer, bank or other financial institution for which the Depository holds Class A Certificates from time to time as a securities depository.

  • Direct Debit means a payment service for debiting a payer’s payment account, where a payment transaction is initiated by the payee on the basis of the payer’s consent given to the payee, to the payee’s payment service provider or to the payer’s own payment service provider;

  • Supervising physician means any physician licensed under Iowa Code chapter 148, 150, or 150A. The supervising physician is responsible for medical direction of emergency medical care personnel when such personnel are providing emergency medical care.

  • Program Manager means the HCAI manager responsible for the grant program.

  • Pharmacy benefits management means the administration or management of prescription drug

  • Non-Administrator Dialysis Facility means a Dialysis Facility which does not have an agreement with the Claim Administrator or another Blue Cross and/or Blue Shield Plan but has been certified in accordance with the guidelines established by Medicare.

  • Account Manager means a Person that acts as an agent and attorney-in- fact to buy or sell Swaps via the SEF operated by BSEF in the name and on behalf of another Person. An Account Manager may also be a Participant.

  • Direct care staff means a facility employee whose primary responsibility is to provide personal care services to residents. These personal care services may include:

  • Individualized Education Program (IEP means a written statement for a child with a disability that is developed, reviewed, and revised in accordance with Sections 300.320 through 300.324 of 34 CFR.

  • Participant Direction Procedures means such instructions, guidelines or policies, the terms of which are incorporated herein, as shall be established pursuant to Section 4.10 and observed by the Administrator and applied and provided to Participants who have Participant Directed Accounts.

  • Direct rollover means a payment by the Plan to the Eligible Retirement Plan specified by the Distributee.

  • CRS means the Standard for Automatic Exchange of Financial Account Information approved on 15 July 2014 by the Council of the Organisation for Economic Cooperation and Development, also known as the Common Reporting Standard, and any bilateral or multilateral competent authority agreements, intergovernmental agreements and treaties, laws, regulations, official guidance or other instrument facilitating the implementation thereof and any law implementing the Common Reporting Standard;

  • Guardian in respect of a Minor shall mean the person(s) appointed as the guardian(s) under or acting by virtue of the Guardianship of Minors Ordinance (Cap 13. of the Laws of Hong Kong).