Merchant Service Fee definition

Merchant Service Fee means the Merchant Service Fee set out in your Letter of Offer and Acceptance as amended by us from time to time.

Merchant Service Fee means a portion of the total value of all Credit Card Transactions carried out by the Merchant and payable to Suncorp.

Merchant Service Fee means the fee calculated in accordance with clause 11 using the rates notified by Business Fuel Cards to the Merchant at or about the date of this agreement and as varied in accordance with clause 8.

Examples of Merchant Service Fee in a sentence

• Your Merchant Service Fee is indicated in the Application, this Agreement or otherwise provided to you by us.

• We reserve the right to apply a different Merchant Service Fee depending upon whether you submit Charges by EDC, BML Payment Gateway or by paper ROC.

• We reserve the right to change our Merchant Service Fee from time to time and to charge a different Merchant Service Fee for Charges submitted by your Establishments that are in different industries.

• Over time, you may qualify for reductions in our Merchant Service Fee based on your net Charge volume.

• You must notify us in writing of any error or omission in respect of your Merchant Service Fee or other fees or payments for Charges or Credits within ninety (90) days of the date of the statement containing such claimed error or omission or we will consider the statement to be complete and correct in respect of such amounts.

More Definitions of Merchant Service Fee

Merchant Service Fee has the meaning given to the term in Clause 11. “Processing Date” means each Tuesday during the term of this agreement (provided that day is a business day) or such other day or days of the week as Cardlink Systems Limited may from time to time specify by notice in writing to the Merchant. “Processing Period” means the period commencing at 9.00am on any Processing Date and expiring at 9.00am on the next Processing Date.

Merchant Service Fee means a portion of the total value of all card transactions which you process and which you must pay to us.

Merchant Service Fee or “MSF” has the meaning set out in Schedule 2;

Merchant Service Fee means an amount levied by CARD CONNECT and payable by the User which amount is determined as a percentage of the value of each Transaction processed through the Merchant Terminal as specified in the Application Form;

Merchant Service Fee means a transaction-based fee charged to a merchant for acquiring Visa Debit card transactions from that merchant whether collected on an ad valorem or flat-fee basis, or charged as a blended rate with Visa credit cards or on an interchange plus acquirer margin basis or any other basis;

Merchant Service Fee means a fee equal to the dollar amount of sales multiplied by the Merchant Service Fee Rate;

Merchant Service Fee means the fee payable by the Merchant to CardLink for arrang- ing thetransfer of funds into the Merchant’s account as described more particularly in Clause 11.