Merchant Accounts definition

Merchant Accounts means all reserve balances maintained by any third-party credit-card processors.
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Merchant Accounts is defined in Section 6.8(a).”
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Merchant Accounts means all or any of them as the context requires;
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Examples of Merchant Accounts in a sentence

  • If the Merchant has registered more than one Merchant Account, the foregoing shall apply to all Merchant Accounts.

  • We are not responsible if a Payment cannot be made due to incomplete, incorrect, or outdated information provided by you regarding a Merchant, or if you attempt to pay a Merchant that is not on your Merchant Accounts list.

  • As part of the Celbux Merchant Application Process, you are required to provide certain Know Your Client ("KYC") information and upload necessary supporting documentation, to facilitate the opening of your Merchant Account(s).

  • All credit card Proceeds will constitute the property of Agent and shall be deposited into the Designated Merchant Accounts.

  • In order to promote Business-to-Consumer (B2C) e-Commerce in Pakistan, banks operating in Pakistan can open and operate Internet Merchant Accounts.

  • Merchant Accounts must be in place before credit cards may be accepted.

  • If your application is approved, Celbux will set-up and configure your Merchant Account(s) and you will immediately be able to transact using the Service and receive payment from Users for goods and/or services and/or process Withdrawal Transactions requested by Users utilising the Celbux Value Exchange.

  • You may become a Celbux Merchant and acquire a Merchant Account(s), at no cost to you and with no obligation to make use of the Service, by completing the online Celbux Merchant Application Process.

  • This Agreement, together with any amendments to this Agreement that we have agreed to make in writing, is the complete agreement and, subject to Section 3.2 with respect to additional Merchant Accounts that we may create for you, replaces all prior communications, undertakings and agreements, written or oral, related to the subject matter of this Agreement.

  • This document is issued pursuant to, and in compliance with the requirements of Circular C034 (previously CI144-2014-34 issued on December 12, 2014) regarding the maintenance of Merchant Accounts with Payment Service Providers for the Clearing/ Settlement of Payment Transactions issued by the CySEC on December 18th, 2014.


More Definitions of Merchant Accounts

Merchant Accounts means the written contractual relationship between a Merchant, on the one hand, and/or a Member Bank and ODC on the other for the acquisition and processing of transactions.
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Merchant Accounts means the written contractual relationship between a Merchant on the one hand, and/or a Member Bank and the Company and any of its subsidiaries on the other for the acquisition and processing of transactions.
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Merchant Accounts the deposit account(s) of Merchant designated for use by Bank in conjunction with Merchant Services including any Reserve Account as defined below; (k) "Visa" and "MC": Visa U.S.A. and MasterCard International; (l) "ACH": the Federal Reserve Bank's Automated Clearing House network.
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Merchant Accounts shall have the meaning set forth in Section 3.10.
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Related to Merchant Accounts

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

  • Client Accounts means accounts of Clients (i) that are Controlled by an Access Person and (ii) in which no Access Person has a substantial proportionate economic interest; provided that, the Client pays a management, advisory or any other similar arms-length fee to the Access Person and the beneficiary of the Client Account is not an Immediate Family member of an Access Person.

  • Relevant Accounts means, in respect of any Interest Payment Date, the most recently published audited unconsolidated annual financial statements of UBS Group AG prepared in accordance with the Swiss Code.

  • Dormant Account means the Customer’s trading account in which there have been no trades for a period of more than 60 Calendar days.

  • Investment Accounts means the Collateral Account, Securities Accounts, Commodities Accounts and Deposit Accounts.

  • Client Account means the unique personalized account of the Client consisting of all Completed Transactions, Open Positions and Orders on the Platform, the Balance of the Client money and deposit/withdrawal transactions of the Client money. It is understood that the Company may use the term Trading Account or Account on its Website or communications, which shall mean your Client Account.

  • Management Accounts means, in relation to any Reporting Period, the Franchisee’s management accounts which: (a) comply with paragraph 3.10 of Schedule 13 (Information and Industry Initiatives); and (b) are required to be delivered to the Secretary of State by the Franchisee in accordance with paragraphs 3.2 and 3.3 of Schedule 13 (Information and Industry Initiatives);

  • Credit Card Account means the Account of the Cardmember opened with Maybank for the purpose of this Agreement;

  • Project Accounts means accounts referred to in and required to be established under the Senior Funding Agreements;

  • Card Account means the account maintained with the Bank in respect of the Card;

  • Accounts means all presently existing and hereafter arising accounts, contract rights, payment intangibles and all other forms of obligations owing to Borrower arising out of the sale or lease of goods (including, without limitation, the licensing of software and other technology) or the rendering of services by Borrower and any and all credit insurance, guaranties, and other security therefor, as well as all merchandise returned to or reclaimed by Borrower and Borrower’s Books relating to any of the foregoing.

  • Concentration Accounts has the meaning ascribed to it in Annex C.

  • Special Accounts means the accounts referred to in Section 2.02 (b) of this Agreement;

  • Customer Account Information means personally identifiable information including Personal Data and Consumption Data. Customer Account Information also includes information received by the Company from the customer for purposes of participating in regulated utility programs, including, but not limited to bill pay assistance, shutoff protection, renewable energy, demand-side management, load management, or energy efficiency.

  • Separate Accounts means the accounts which are to be prepared for each

  • Disbursement Accounts has the meaning ascribed to it in Annex C.

  • Account Information means any information relating to the Account including without limitation to the Account number, Account balance or value, gross receipts, withdrawals and payments to or from the Account.

  • Collection Accounts As defined in Section 3.10(a).

  • Business Account means an Account used primarily for business purposes and not for personal, family, or household purposes.

  • Settlement Account means an account established at a financial institution designated by Merchant as the account to be credited and debited by the Servicers for Transactions, Card Fees, Chargebacks and other amount assessed by a Card Association and passed- through to Merchant pursuant to the terms of this Agreement.

  • Interim Accounts means the unaudited consolidated quarterly financial statements of the Issuer for the quarterly period ending on each 31 March, 30 June, 30 September and 31 December in each year, prepared in accordance with GAAP.

  • Designated Accounts means any and all unsecured credit facilities (including without limitation unsecured card or non-card credit facility) that you have with the Participating FIs and excludes joint accounts, any renovation loan, education loan, credit facility granted for businesses or business purposes and such other credit facility that is excluded under the MAS regulations relating to unsecured credit facilities to individuals.

  • Grant Account means the account opened by the Association on its books in the name of the Borrower to which the amount of the Grant is credited.”

  • Investment Account As defined in Section 3.12(a).

  • Custodial Accounts Each Custodial Account (other than an Escrow Account) established and maintained by a Servicer pursuant to a Servicing Agreement with respect to the Mortgage Loans.

  • Operating Accounts shall have the meaning ascribed to it in Section 4.03.A.