Merchant Account definition

Merchant Account means the merchant account facility agreed between you and the Merchant Acquiring Bank.

Merchant Account meanmserchatnthacecount facility agreed between you and the Merchant Acquiring Bank.

Merchant Account means any account with an Acquirer or other Financial Institution, service provider, payment processor, independent sales organization, or other entity that enables an individual, a business, or other organization to accept payments of any kind.

Examples of Merchant Account in a sentence

• Unless otherwise confirmed to Merchant in writing, the Merchant Account is non-transferable, and any change of Merchant Information shall require prior approval by Processor in order to come into effect.

• Parties Givex and/or Processor may provide to each other, competent authorities, applicable acquiring and issuing banks, and Payment Card Networks, information related to Transactions conducted through the use of the GivexPay Services and Processing Services, information regarding the Merchant Account, the Merchant Information, or any other information and documentation Merchant provided during Registration or otherwise, and any other information held by Givex and/or Processor.

• Third Party Vendor acknowledges to OSU that it is responsible for (i) the security of cardholder data that it possesses or otherwise stores, processes or transmits on behalf of OSU, or to the extent that it could impact the security of OSU’s cardholder data environment; (ii) providing all cardholder data payment processing services for every Merchant Account for which it is processing such payments; and (iii) managing and maintaining all PCI DSS requirements.

• If you do not decline this offer in writing, RMS will forward certain information, including but not limited to your Merchant Account number, to the Additional Card Issuer.

• PayPal, in its sole discretion may, or may instruct an Acquirer to, place a Reserve on a portion of your Payouts in the event that we believe there is a high level of risk associated with your business, your Merchant Account, your PayPal account or your Transactions.

More Definitions of Merchant Account

Merchant Account means an account used to submit credit card or debit card transactions or process credit card or debit card transactions.

Merchant Account means an account which is the subject of a Merchant Agreement and which generates Recurring Net Revenue.

Merchant Account means the bank account in New Zealand nominated by the Merchant from time to time for the settlement of Transactions with the Merchant and the debiting of charges under this Agreement.

Merchant Account means an account with an Acquirer that authorizes a merchant to honor or to accept a credit card, or to transmit or process for payment a credit card, for the purchase of a good, service, or charitable contribution.

Merchant Account means the account relationship established between LP Provider and an Approved Merchant pursuant to a Merchant Processing Agreement. ''Merchant Application" shall mean the forms and Application Materials designated by LP And required to enroll a Merchant in the requested Processing Service. ''Merchant Portfolio'' shall mean all of Contractors solicited of Approved Merchants participating in the Processing Service pursuant to Merchant Processing Agreements and this Agreement or Otherwise made a part of the Processing Service.

Merchant Account means the bank account or accounts nominated by the Merchant for the purposes of the Agreement.

Merchant Account means an account with an Acquirer that authorizes and allows a Merchant 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.