International Payment System definition

International Payment System international payment systems (payment network processors) VISA and Mastercard;
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International Payment System means any payment card scheme, including but not limited to VISA, MasterCard®, Discover and American Express, and the rules and procedures governing the making and accepting of АРМ Payments as stipulated by the relevant АРМ Provider, including but not limited to payment agreements between an АРМ Provider and intermediary payment service providers and/or Payment Provider, both hereinafter referred to as “the International Payment Systems”.
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International Payment System means Visa International, Europay/ MasterCard, Amex, Discover, Union Pay and/or any other card scheme as may be applicable to the Merchant from time to time.
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Examples of International Payment System in a sentence

  • The pricing will be provided to customer for the p aid services while service usage.4. The "Global Customer Assistance Services" and "Visa Concierge " services are provided by Visa International Payment System.

  • Cui, “Real-time traffic monitoring with magnetic sensor networks,” Journal of Information Science and Engineering, vol.

  • IPS is acronym for International Payment System (e.g. Visa or MasterCard).

  • The rules of the International Payment System Visa International, the International payment system MasterCard Incorporated, set a limitation period for the consideration of a disputed Card transaction - 30 days from the date of its commission.

  • Payment of the full price of the Goods shall include the amount of any interest or other sum payable under the terms of this and all other contracts between the Seller and the buyer under which the Goods were delivered.

  • Alternative for CIPS include China International Payment System, and China Interbank Payment System, read more at Béatrice Ozanne, “What is CIPS Onshore Yuan Clearing & Settlement?” Statrys, https://statrys.com/blog/cnips-code.

  • The Bank transfers to the Transit Account the Transaction amount, deducting the Commission Fee, after receiving from the International Payment System information on authorization of the payment made by the Payer.

  • This support is demonstrated, for example, by the fast development of the market infrastructure to promote the use of the RMB (clearing banks, China International Payment System).

  • The distribution of level 2 and 3 labels in WiFiNE exceed its equivalent in the ONTONOTES (Gillick et al., 2014) dataset (29% and 3% respectively).

  • The Bank is entitled to provide the International Payment Systems with information about the Merchant in cases and order, stipulated by the International Payment System Rules.


More Definitions of International Payment System

International Payment System means any payment card scheme, including but not limited to VISA, MasterCard®, Discover and American Express, and the rules and procedures governing the making and accepting of АРМ Payments as stipulated by the relevant АРМ Provider, including but not limited to payment agreements between an АРМ Provider and intermediary payment service providers and/or Magua Pay Inc., both hereinafter referred to as “the International Payment Systems”.
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Related to International 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;

  • Cash Payment System means a payment system that generates any transfer of funds through a transaction originated by cash, check, or similar paper instrument. This includes electronic payments to a financial institution or clearing house that subsequently issues cash, check, or similar paper instrument to the designated payee.

  • international air transport means air transport that passes through the airspace over the territory of more than one State;

  • international flight means all flights other than Domestic Flights.

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

  • international voyage means a voyage from a country to which the present Convention applies to a port outside such country, or conversely.

  • International air transportation means transportation by air between a place in the United States and a place outside the United States or between two places both of which are outside the United States.

  • Safety Management System has the meaning given to it in the ISM Code.

  • 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 sector which the Contractor shall implement throughout the performance of the Petroleum Activities in compliance with the requirements set forth in Articles 13, 14 and 16 of the Law of the National Agency for Industrial Safety and Environmental Protection of the Hydrocarbons Sector and the other Applicable Laws.

  • Electronic Payment System means a payment system that generates any transfer of funds, other than a transaction originated by cash, check, or similar paper instrument, which is initiated through an electronic terminal, telephone, mobile phone, computer, or magnetic tape, for the purpose of ordering, instructing or authorizing a financial institution to debit or credit an account. The term includes debit cards, wire transfers, transfers made at automatic teller machines, and point-of-sale terminals.

  • settlement system means any infrastructure whether or not connected to the auction platform that can provide settlement services, which may include clearing, netting, management of collateral, or any other services, which ultimately enable the delivery of allowances on behalf of an auctioneer to a successful bidder or its successor in title, and the payment of the sum due by a successful bidder or its successor in title to an auctioneer, carried out through either of the following:

  • commercial air transport means an aircraft operation involving the transport of passengers, cargo, or mail for remuneration or hire.

  • International Student means a student holding a student visa for the purpose of obtaining an education in Australia and includes a student on a study abroad or international exchange program;

  • Database Management System (DBMS) A system of manual procedures and computer programs used to create, store and update the data required to provide Selective Routing and/or Automatic Location Identification for 911 systems. Day: A calendar day unless otherwise specified. Dedicated Transport: UNE transmission path between one of CenturyLink’s Wire Centers or switches and another of CenturyLink’s Wire Centers or switches within the same LATA and State that are dedicated to a particular customer or carrier. Default: A Party’s violation of any material term or condition of the Agreement, or refusal or failure in any material respect to properly perform its obligations under this Agreement, including the failure to make any undisputed payment when due. A Party shall also be deemed in Default upon such Party’s insolvency or the initiation of bankruptcy or receivership proceedings by or against the Party or the failure to obtain or maintain any certification(s) or authorization(s) from the Commission which are necessary or appropriate for a Party to exchange traffic or order any service, facility or arrangement under this Agreement, or notice from the Party that it has ceased doing business in this State or receipt of publicly available information that signifies the Party is no longer doing business in this State.

  • National Ambient Air Quality Standards or “NAAQS” means national ambient air quality standards that are promulgated pursuant to Section 109 of the Act, 42 U.S.C. § 7409.

  • air traffic control service means a service provided for the purpose of:

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

  • Earned value management system means an earned value management system that complies with the earned value management system guidelines in the ANSI/EIA-748.

  • International shipment means the transportation of hazardous waste into or out of the jurisdiction of the United States.

  • International Plan means any Employee Plan that is not a US Plan.

  • energy management system means a set of interrelated or interacting elements of a plan which sets an energy efficiency objective and a strategy to achieve that objective;

  • Private Sewage Disposal System means a system which provides for the treatment or disposal of domestic sewage from four or fewer dwelling units or the equivalent of less than sixteen individuals on a continuing basis.

  • International airport means an airport:

  • Double Phase Aerosol Air Freshener means an aerosol air freshener with the liquid contents in two or more distinct phases that requires the product container be shaken before use to mix the phases, producing an emulsion.

  • Displacement system means a device by which the seat or one of its parts can be displaced and/or rotated, without a fixed intermediate position, to permit easy access of occupants to the space behind the seat concerned;

  • Adjustment system means the device by which the seat or its parts can be adjusted to a position suited to the morphology of the seated occupant. This device may, in particular, permit: