Merchant Fee definition

Merchant Fee means any amount that reduces from the face amount of a transaction the funds that a merchant receives in the settlement of a Credit Card or Debit Card transaction, or is otherwise charged to or paid by a merchant, or any interchange fee, network fee or assessment, or acquirer, issuer, or processor fee.
Merchant Fee means any sum that is deducted from the funds that a merchant receives in the settlement of a Credit Card or Debit Card transaction, or is otherwise charged to or paid by a merchant, or any interchange fee, network fee or assessment, or acquirer, issuer, or processor fee, and includes Visa’s Fixed Network Acquirer Fee except as provided in Paragraph 72(d) below.
Merchant Fee means the Baxter businesscost of acceptance as advised by the provider of its merchant payment facilities, consistent with the Competition and Consumer Amendment (Payment Surcharges) Act 2016 (Cth);

Examples of Merchant Fee in a sentence

  • There is a Merchant Fee that will be charged against each order raised.

  • Promotional Merchant Fee Letter Agreement dated December 22, 2008, between DFS Services LLC and SUPERVALU INC., as amended by letter agreement dated August 1, 2011, between the parties.

  • Notwithstanding anything to the contrary in Section 4.1(b) of this Indenture Supplement or in the Indenture, Merchant Discount Fees for each Monthly Period equal to the Investor Merchant Fee Amount shall be allocated to the Noteholders of the Series issued pursuant to this Indenture Supplement, and shall be deposited into the Finance Charge Account not later 12:00 noon, New York City time, on the Transfer Date following the related Monthly Period.

  • If you require the Applicant to meet any fees or charges in connection with our information services, a credit card payment may be required from the Applicant and, if so, the Merchant Fee may be charged to the Applicant.

  • Citi agrees to refund a Merchant Fee to ▇▇▇▇ for each Return of a net Card Sale of a transaction type described in the Discount Rate Schedule set out hereinbelow equal to the product obtained by multiplying the total dollar amount of the Return for the net Card Sale by the applicable net Card Sale transaction type discount rate, as shown in the Discount Rate Schedule set out hereinbelow.


More Definitions of Merchant Fee

Merchant Fee means any amount that reduces from the face amount of a transaction the funds that a merchant receives in the settlement of a Credit Card or Debit Card
Merchant Fee means the fee charged by a credit card company or other merchant (other than the Handling Charge) in connection with the sale of Titles to a customer.
Merchant Fee means the amount charged by AUB to the Merchant for every Digital Payment processed through AUB PayMate. The Merchant Fee is computed by multiplying the MDR by the amount of the Digital Payment, rounded off to two (2) decimal places;
Merchant Fee means the applicable Merchant Fee Percentage, multiplied by the amount of the charge or Credit Agreement, as applicable.
Merchant Fee means and be limited to the cost of a charge imposed by a third-party credit card or debit card issuer that is necessary to process an electronic or online transaction with a state agency, board, commission or authority;
Merchant Fee means and be limited to the cost of a charge imposed by a third-party credit card or debit card issuer that is necessary to process an electronic or online transaction with a state agency, board, commission or authority. The fee shall be limited to bank processing fees and financial transaction fees, the cost of providing for secure transaction, portal fees, and fees necessary to compensate for increased bandwidth incurred as a result of providing for an online transaction;
Merchant Fee means our businesscost of acceptance as advised by the provider of our merchant payment facilities, consistent (in Australia) with the Competition and Consumer Amendment (Payment Surcharges) Act 2016 (Cth);