Merchant definition

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.
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 any, but not limited to, person / shop / company /establishment / organisation which accepts the “Card”, or the Card number as a method of payment for the goods, benefits, reservations, or services offered by it.

Examples of Merchant in a sentence

  • Cashback rewards will be calculated as per the Merchant Category Code (MCC) defined by the acquiring bank based on Visa & Mastercard guidelines.

  • Merchant will maintain and comply with Merchant’s internal policies, including policies for shipping and fulfillment of customer orders, privacy of customer information, customer refunds and returns, and customer dispute resolution, that meet or exceed good industry standards for merchants similar to Merchant (collectively, “Merchant Policies”), provided that the Agreement will control in the event of a conflict, ambiguity, or inconsistency between the Agreement and a Merchant Policy.

  • Merchant must promptly notify Affirm if Merchant undergoes a change of ownership or control.

  • Termination will not release either Party from financial obligations owed to the other Party for services delivered or payments owed for Services delivered prior to or after termination of this Merchant Agreement (or applicable Order Form).

  • Merchant will comply with the applicable Affirm Service Terms when offering and using the Services.


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 or entity with whom DBS or any member or licensee of American Express, MasterCard or VISA has a subsisting agreement relating to the use and/or acceptance of any Card in payment to such person or entity whether for goods, services or charges incurred and/or to obtain Cash Advances from such person or entity.
Merchant means any person who owns or manages or operates the Merchant Establishment, its successors and permitted assigns.
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.
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.