Merchant ID definition

Merchant ID means Customer’s merchant identification number designated for use in connection with the Services.

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Merchant ID in this policy, means a unique identification number issued by the Merchant Bank/Processor and used to identify the unit, department, or college when processing credit cards.

Merchant ID means a location or business unit. Some departments have several Merchant ID’s because they have multiple business locations and some have only one location or terminal;

Examples of Merchant ID in a sentence

• ID refers to BlueSnap’s own account(s) at recognized Acquirer(s) and used by BlueSnap to process payment for Products in respect of certain payment transactions conducted through the BlueSnap Payment Services where BlueSnap shall process the transaction through BlueSnap’s Merchant ID on behalf of Merchant.

• Where BlueSnap provides the Services as a merchant of record, it is agreed that the MOR Terms set forth in Exhibit 3 shall be applicable to said transactions under the BlueSnap Merchant ID.

• To be valid, any error notification must be notified to Paynovate within ten (10) business days of the date of receipt of the error referred to in Section 7.3 and include, with the merchant's name and Merchant ID number, the mistaken amount and a description of the error.

• Where BlueSnap provides the Services through the BlueSnap Merchant ID, it is agreed that BlueSnap shall process said transactions under the BlueSnap Merchant ID.

• Reports are individually based on a Merchant ID or Merchant Account Number, not the storefront.

More Definitions of Merchant ID

Merchant ID. A unique identifier that defines the County Department or a portion of a County Department.

Merchant ID means a uniquenumber issued by the Bank to every Client.

Merchant ID or “MID” means the identifier assigned to specific S&R membership clubs by its credit card acquirer. The acquirer is the acquiring entity that provides credit card payment facilities used by

Merchant ID is the number issued to the Merchant by the Acquirer to enable the Merchant to use the Service.

Merchant ID means a technical account of the Merchant accepting Card Transaction through TrustPay Gateway and to which funds from processed Card Transactions are credited and from which the fees and other charges are debited. For the avoidance of the doubt Merchant ID is not a Payment Account.

Merchant ID means the identification code given by Nets to the Merchant, which specifies the Sales Point, Trading Site and/ or the main point-of-sale.

Merchant ID means a unique number issued by the Bank to every Client.