Merchant Program definition

Merchant Program means the package of services offered by CCC and Bank to a Customer which enables a Merchant to make sales to Cardholders and which permits the Merchant to present Sales Records to Processor for payment and processing.

Merchant Program means the package of services offered by the Company or any of its subsidiaries and a Member Bank to a customer which enables a Merchant to (x) which permits the Merchant make sales to a credit or debit card holder or which permits the Merchant to present sales records to a processor for payment or processing, and/or (y) which permits the Merchant to present or re-present checks for authorization, guarantee, payment, settlement or processing.

Merchant Program means the package of (i) services provided by EVERTEC and (ii) services provided by BPPR, in each case, pursuant to a Merchant Agreement to a Merchant (and in the case of BPPR, also to a Government-Merchant pursuant to a Government-Merchant Agreement), enabling such Merchant and Government-Merchant to make sales to Cardholders and permitting the Merchant and Government-Merchant to present Sales Records to EVERTEC (or, in the case of Government-Merchants, to BPPR) for payment and processing, including Transaction authorization and processing services and related services.

Examples of Merchant Program in a sentence

• Merchant shall not use the PayPal Marks other than to display decals, signage, advertising, and other forms depicting the PayPal Marks that are provided to Merchant by Global Direct pursuant to the Merchant Program or otherwise approved in advance in writing by Acquirer.

• Additionally, Merchant shall not use the Program Marks other than to display decals, signage, advertising, and other forms depicting the Program Marks that are provided to Merchant by Processor pursuant to the Merchant Program or otherwise approved in advance in writing by Processor.

• It is expressly understood and agreed that, except as otherwise provided herein, EVERTEC will not be liable for any of BPPR’s internal costs relating to the Merchant Program, including BPPR’s costs for labor and benefits, and BPPR’s ordinary business operating costs (e.g., rent, utilities, etc.).

• Bank will provide to Company or its designee all books and records relating to the Merchant Program, provided, however that Bank may keep a copy of such records or, in the event Bank does not choose to keep a copy of such records, Bank may obtain copies of such records from Company upon reasonable request for proper purposes.

• Company also recognizes that Bank may not assign or otherwise transfer an obligation to pay or reimburse a Merchant to Company if the obligation arises from the Merchant’s participation in the Merchant Program.

More Definitions of Merchant Program

Merchant Program means the package of services offered by BNG to acceptable merchants under this Agreement.

Merchant Program shall have the meaning set forth in Section 2.1(a).

Merchant Program means the package of services offered by BNG to acceptable merchants under this Agreement.

Merchant Program means the operations, policies and procedures as established by a Member Bank for NATM for the processing and settlement of Card Transactions for Merchants.

Merchant Program means the package of services offered by MSI which enables a Merchant to make sales to persons presenting credit cards and which permits the Merchant to present Sales Drafts to Member for payment and processing.

Merchant Program means the package of services offered by ISO, sponsored by UCS, which enables a merchant to make sales to persons presenting Debit Cards.

Merchant Program means the package of credit and debit card processing services offered by an affiliate of Reliable Fast Cash.