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 business’ cost of acceptance as advised by the provider of its merchant payment facilities, consistent with the Competition and Consumer Amendment (Payment Surcharges) Act 2016 (Cth);
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
Examples of Merchant Fee in a sentence
There is a Merchant Fee that will be charged against each order raised.
Work rejected shall be replaced or repaired to the approval of the Consultant and at no additional cost to the Owner.
You must keep confidential and not disclose to any third party the terms of this Agreement and any information that you receive from us that is not publicly available relating to your relationship with American Express or its Affiliates, and your acceptance of the Card, including your Merchant Fee.
Your Merchant Fee is indicated in the Application, this Agreement or otherwise provided to you by us.
This method is usually accompanied by a Benefit Adjustment Factor (BAF) that calculates a percentage of the billed amount.
More Definitions of Merchant Fee
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 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 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 business’ cost 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);
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 the fee charged to DMV by a credit or debit card company each time a customer uses a credit or debit card to pay registration fees, including county or district registration fees, to process a credit or debit card transaction.