Merchant of Record definition

Merchant of Record or “MoR" means the entity that is responsible for processing purchases as identified at the time of purchase, which may differ by payment type, jurisdiction and Kiosk. "My World" means a repository that enables You to uninstall and reinstall on Your Handheld Product certain Software and Third Party Items You acquire through a RIME Store.
Merchant of Record is the party formally recorded as conducting the payment transaction with an End-User Customer
Merchant of Record means, except as otherwise agreed by the Parties, the entity that PayPal holds financially liable for all full and partial returns as well as any chargebacks initiated by the customer.

Examples of Merchant of Record in a sentence

  • Billing will be managed by a third-party payment processor (Merchant of Record) and will require acceptance of their terms and account set-up.

  • All payments to Developers from sales through the Direct HP Enterprise Program will be paid directly by HP, not third-party payment processor (Merchant of Record), under standard Revenue Share payment terms as indicated below.

  • The Merchant of Record will be the MBS International Airport Commission.

  • Notwithstanding the foregoing, if and to the extent that eBay is the owner of inventory sold on an eBay Covered Property and takes financial responsibility for all full and partial returns and any chargebacks initiated by the customer (a “First Party Transaction”), eBay may elect to declare itself as the Merchant of Record solely with respect to such First Party Transaction.

  • Agencies using the ms.gov payment portal will follow guidelines from the State’s Merchant of Record, outlined in Section X.


More Definitions of Merchant of Record

Merchant of Record means a Person collecting revenues and any other amounts (including amounts in respect of Taxes) from End Users or other parties on behalf of another Person with respect to any Travel Bookings of (or other transactions through a Travel Solution in respect of) Travel Products offered by such other Person.
Merchant of Record means the entity that is responsible for charging and/or collecting payment from the Guest for a Booking, being the Property Manager or the Channel Partner.
Merchant of Record means the corporation or other entity acting as merchant of record for a Transaction responsible for processing the Transaction and the payment associated with the Transaction.
Merchant of Record or “MOR” means the entity, either Customer or a Third Party Customer, that engages in a transaction (regardless of whether a fee is charged to such Consumer) with a Consumer through the Content Direct System.
Merchant of Record means an Affiliate of ours, whose name appears on the credit card charge and to whom the applicable credit card company shall reimburse for the amount of the credit card charge.
Merchant of Record means the legally authorized and responsible entity that receives and processes customer payments for the sales of goods or services, including the facilitation of accommodations transactions within this State.
Merchant of Record including but not limited to and establishment of a merchant account with access to a payment gateway to accept payment, via the TouchPass Hosted Services, for all credit and debit card (“Bankcard”) payments.