Merchant Provider definition

Merchant Provider means any Person engaged to provide services involving or relating to (i) access to Cardholder data, transaction data or information related to either Cardholder data or transaction data or (ii) PIN encryption, including without limitation, Encryption Service Organizations (ESOs). Marks: names, logos, emblems, brands, service marks, trademarks, trade names, tag lines or other proprietary designations.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Merchant Provider means any Person engaged by CUSTOMER to provide services to CUSTOMER involving or relating to (i) access to Cardholder data, transaction data or information related to either Cardholder data or transaction data or (ii) PIN encryption, including without limitation, Encryption Service Organizations (ESOs). “Merchant Provider” also includes any corporate entity or franchisor that provides or controls a centralized or hosted network environment irrespective of whether Cardholder data is being stored, transmitted or processed through it.

Merchant Provider means and include RAPIDO PAYMENTS PVT LIMITED having its place of business at Hong Kong.

Examples of Merchant Provider in a sentence

The Company shall not hold the Merchant Provider responsible for any non-compliance or termination of the Agreement with the Bank/PSP.
If all requisite documents are not provided by the Company’s client, then the Merchant Provider shall not be responsible for being unable to provide solutions.
The rights, duties, obligations and liabilities of the Merchant Provider on the one hand and of the Company on the other hand, under this Agreement shall be individual, not joint or collective, unless specifically provided for herein this Agreement.
The Company agrees to defend, indemnify and hold the Merchant Provider harmless against any and all claims, expenses, losses, causes of action (including, but not limited to, reasonable advocate’s fees and court costs), damages or liabilities (collectively, in this paragraph, called "Losses") on account of any damage arising due to any kind of negligence in performance of this Agreement.
In no event shall the Merchant Provider be liable under this paragraph for Losses resulting from the negligence or willful or reckless misconduct of the Company or its employees, agents, or representatives, or for any liabilities arising out of the termination of the Agreement between the Company and the Bank/PSP.
If after 15 days of such consultation, the Company and Merchant Provider fail to reach an amicable settlement, on any or all disputes or differences arising out of or in connection with this Agreement or its performance, such disputes or differences shall be submitted to the council of the Hong Kong.

More Definitions of Merchant Provider

Merchant Provider means the merchant bank as agreed by the Parties in writing from time to time providing a unique ID ("MID") to enable electronic payments coming through the System.

Merchant Provider also includes any corporate entity or franchisor that provides or controls a centralized or hosted network environment irrespective of whether Cardholder data is being stored, transmitted or processed through it.

Merchant Provider means any party engaged to provide services to MDG or Seller involving or relating to (1) access to Cardholder Data, transaction data or information related to either Cardholder Data or transaction data; or (2) PIN encryption, including without limitation, Encryption Service Organizations (ESOs).