Merchant Outlet definition

Merchant Outlet is a location where Xxxxxxxx accepts Transactions. "Merchant Identification Number (MID)" is the identification number assigned to Merchant by Provider for the purposes of participation in the Services. Merchant may be assigned multiple MIDs.
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Merchant Outlet means for Card Present Transactions the physical premises of the merchant at which the transaction is completed. Merchant Outlet means for Card Not Present Transactions the address of the fixed place of business through which the merchant conducts its business including the supporting operations through which the transaction is completed, regardless of website or server locations. If the merchant does not have a fixed place of business, the Merchant Outlet shall be the address for which the merchant holds a valid business licence and through which the transaction is completed In addition, merchants and their Acquirers may, at their sole option, after consultation with, but without being directed by, Mastercard Europe, allocate the place of the Merchant Outlet in the following manner:
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Merchant Outlet. The Merchant’s store, physical address, URL or application from which the products/services are sold, as stated in the Agreement form; Nets – the company with which the Merchant has entered into the Agreement; Parties – Nets and the Merchant; Payment terminal – a technical device enabling acceptance of card payments, which electronically processes, preserves and transmits the information on the payment card; Recurring payments – payments which allow the Merchant to complete card payments automatically with stored card data at regular intervals; Security Certificate – a certificate of approval issued by the Card Processor;
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Examples of Merchant Outlet in a sentence

  • The Merchant Outlet must be registered in the Merchant’s name as it appears in the Agreement Form.

  • If the Merchant winds up its Merchant Outlet, the Merchant must not use the Agreement for Card Payments.

  • To qualify as a Visa Easy Payment Service (VEPS) Transaction, a Transaction must: (i) Be conducted in a Face-to-Face Environment; (ii) Be authorized; (iii) Be conducted at a Merchant Outlet with a Merchant Category Code other than that specified Section 3(v)(22)(c); (iv) Not exceed the Transaction limits specified in Section 3(v)(22)(a); and (v) Have a POS Entry Mode code of "05," "07," "90," or "91".

  • The Merchant must accept payment made with all valid Payment Cards of the card types that the Merchant has chosen to accept as payment for products and services at the relevant Merchant Outlet.

  • The Agreement covers payments made using the Payment Cards that the Merchant has chosen to accept as means of payment and which take place at the Merchant Outlet stated in the Agreement Form.

  • Typical time for setting up a new Merchant Outlet on the Planet Payment Platform shall be [*] business days in New York from the date that Planet Payment receives the fully completed set up information form from Acquirer.

  • However, the Agreement Form may only be obtained by contacting Nets.The Agreement covers payments made using Alipay as means of payment and which take place at the Merchant Outlet stated in the Agreement Form.

  • Prepaid annual subscriptions or monthly fees are not refundable on termination of the Agreement.If the Merchant would like the Agreement to come to an end prior to the expiry of the 50-day notice period, this is possible in exchange for payment of a fee specified in the price list.If the Merchant winds up its Merchant Outlet, the Merchant must not use the Agreement for Alipay Payments.

  • The Merchant may obtain and order the trademarks and stick- ers for use at the Merchant Outlet and in its marketing materials from xxx.xxxx.xx/xxxxxxxx.

  • Weight Tag information will be uploaded into a custom component developed with search capabilities, within the PeopleSoft RM.


More Definitions of Merchant Outlet

Merchant Outlet country and transaction currency: 4.7.1 The merchant outlet country at the time of presenting payment options to the cardholder is South Africa. Transaction Currency is South African Rand (ZAR).
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Related to Merchant Outlet

  • Retail outlet means any establishment at which consumer products are sold, supplied, or offered for sale directly to consumers.

  • Merchant means any corporate entity, person or other establishment, supplying goods and/or services, which a Card Scheme Member Bank has approved and made arrangements to accept the Card or the Card numbers as a mode of payment or reservation by the Cardholder.

  • wholesale customer means a natural or legal person purchasing electricity for the purpose of resale inside or outside the system where he is established;

  • Outlet means a location other than a state store or package agency where

  • Merchant lessee means a lessee that is a merchant with respect to goods of the kind subject to the lease.

  • Terminals means the Terminals set forth on Schedule A attached hereto.

  • Retail Client means a client who is not a professional client;

  • Retail , with respect to electricity means,

  • Merchant Services means services provided to merchants relating to the authorization, transaction capture, settlement, chargeback handling and internet-based transaction processing of credit, debit, stored-value and loyalty card and other payment transactions (including provision of point of service devices and other equipment necessary to capture merchant transactions and other ancillary services).

  • Between merchants means in any transaction with respect to which both parties are chargeable with the knowledge or skill of merchants.

  • Wireless services means any services, provided using licensed or unlicensed spectrum, including the use of Wi-Fi, whether at a fixed location or mobile.

  • Beta Services means Xxxxxx services or functionality that may be made available to Customer to try at its option at no additional charge which is clearly designated as beta, pilot, limited release, developer preview, non-production, evaluation, or by a similar description.

  • Data Services The Customer will receive a discount equal to 25% for the following Data Services: Access: Standard VBS2 Guide local loop charges for DS-1 Access and DS-3 Access Service.

  • Internet Banking means the service we offer by which you can access and transact on a nominated account by using a personal computer and accessing via our website. This includes transactions processed through the mobile banking facility as well as the smartphone app facility.

  • Wholesale means a sale for the purpose of resale."

  • End Users means a Third Party residence or business that subscribes to Telecommunications Services provided by any of the Parties at retail. As used herein, the term “End User(s)” does not include any of the Parties to this Agreement with respect to any item or service obtained under this Agreement.

  • Goods and Services or "goods or services" means any work, labor, commodities, equipment, materials, or supplies of any tangible or intangible nature, except real property or any interest therein, provided or performed through a contract awarded by a purchasing agent, including goods and property subject to N.J.S.A. 12A:2-101 et seq.

  • Retailer means every person engaged in the business of making sales at retail, or for distribution,

  • Producers means the agents, general agents, sub-agents, brokers, wholesale brokers, independent contractors, consultants, affinity groups, insurance solicitors, producers or other Persons who sell the Insurance Contracts.

  • Retail marijuana store means an entity licensed to purchase marijuana from marijuana cultivation facilities and marijuana and marijuana products from marijuana product manufacturing facilities and to sell marijuana and marijuana products to consumers.

  • Broadband or “Broadband Service” means any service defined as Broadband, or having advanced telecommunications capability, in the most recent Federal Communications Commission inquiry pursuant to Section 706 of the Telecommunications Act of 1996 (P.L. 104-104).2

  • Motorboat means the same as that term is defined in Section 73-18-2.

  • Broadband Services means Verizon's Fios or DSL-based Internet services (whichever applies). Verizon's DSL-based Internet service is also known as "High Speed Internet" ("HSI").

  • Wireless means a wireless handheld validation unit used with a supporting Wireless Local Area Network (WLAN) as part of an approved gaming system. Amended 1/14/15

  • Trunk line means the coaxial/optic fiber cable network and other allied equipment such as receiver nodes, amplifiers, splitters etc. owned and installed by the multi-system operator or its associate companies for the purpose of transmitting Cable TV Signal to various LCOs till the receiving end of various LCOs, including the LCO, to enable them to re-transmit the Cable TV Signal to respective subscribers; All other words and expressions used in this interconnection agreement but not defined, and defined in the Act and rules and regulations made thereunder or the CTN Act and the rules and regulations made thereunder, shall have the meanings respectively assigned to them in those Acts or the rules or regulations, as the case may be.

  • Wholesale Service means Telecommunication Services that Sprint provides at retail to subscribers who are not telecommunications carriers as set forth in 47 USC § 251(c)(4) which Sprint provides to resellers at a wholesale rate.