Merchant definition

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.
Merchant means a person who is authorized under a written contract with an acquirer to honor or accept credit cards, or to transmit or process for payment credit card payments, for the purchase of goods or services or a charitable contribution.
Merchant means a person who deals in goods of the kind or otherwise by his occupation holds himself out as having knowledge or skill peculiar to the practices or goods involved in the transaction or to whom such knowledge or skill may be attributed by his employment of an agent or broker or other intermediary who by his occupation holds himself out as having such knowledge or skill.

Examples of Merchant in a sentence

  • CURVE, each Merchant, and each Guarantor agree that they may bring claims against each other relating to this Agreement only in their individual capacities, and not as a plaintiff or class action member in any purported class or representative proceedings.

  • In any litigation or arbitration commenced by CURVE, each Merchant and each Guarantor will not be permitted to interpose any counterclaim.

  • If the PIN is disabled, or if a Merchant does not accept Chip and PIN, you will be required to sign for any Transactions at Merchants, provided that this is supported by and acceptable to the Merchant.

  • You will provide the initial and signature pages of your Merchant Agreements when you execute this Addendum, and any time you intend to add or delete a Processor.

  • The Card may also be used at any Merchant location that accepts the Transaction for processing or displays the logo appearing on the Card.


More Definitions of Merchant

Merchant means a person that sells goods or services to You and who receives payment through either Direct Services or Mobile Payment Services.
Merchant means the company that accepts payments via the Account,
Merchant means any person who owns or manages or operates a Merchant Establishment.
Merchant means any person who owns or manages or operates the Merchant Establishment, its successors and permitted assigns.
Merchant a retailer who accepts Payment for the sale of goods or services to you;
Merchant means any corporate entity, person or other establishment supplying goods and/or services who accepts the Card as a mode of payment or reservation by the Cardholder.
Merchant means any Person who at any time, in relation to the Goods, has been or becomes the shipper, consignor, consignee, exporter, importer, the holder of the Bill of Lading and/or the receiver or the owner of the Goods, any person entitled to possession of the Goods, any Person having a present or future interest in the Goods or any Person acting on behalf of any of the above-mentioned Persons, including a Factor or Lender.