Merchant Service Fees definition

Merchant Service Fees means a fee payable to the Company by a Merchant based on the actual monetary amount of transactions completed through the Third-Party Payment Provider and which is set out in the Merchant Facilities Agreement;
Sample 1Sample 2Sample 3
Merchant Service Fees means a fee payable to the Company by a Merchant based
Sample 1

Examples of Merchant Service Fees in a sentence

  • This clause applies to exempt persons in the following categories: VD1, VD2, VD7, VR1, VR2, VR3 and VR4.35B Merchant Service Fees (MRC and EPA)(1) Where a residential customer pays the retailer’s bill using a method that results in the retailer incurring a merchant service fee, the retailer may recover the amount of that fee from the residential customer.

  • Upon approval of your application, Merchant Service Fee(s) will be applicable based on the Merchant Discount Rates published on our schedule of charges or the charges communicated to you by the Bank.

  • Merchant Service Fees (“MS Fees”) – the sum of Card fees, Alternative Payment Method Fees, Gateway Fees, Administration Fees and any other fee as set out in the Pricing Schedule and clause 5.1 of this Agreement.

  • Rolling Reserve(s) – an amount withheld by us from the funds received from the Payment Scheme or the TPPP as a security for Chargebacks, Assessments or Refunds (or any other amounts mentioned in the Deductions), and Merchant Service Fees due to each one of us, and held on the Reserve Account.

  • The RBA has asserted that the interchange regulation implemented in 2003 resulted in lower Merchant Service Fees (MSFs) and therefore lower prices for consumers.11 Lower MSFs however do not, in themselves, validate the existence of interchange fee regulation.

  • Upon approval of your application by us, the Merchant Service Fee(s) shall be notified to you in writing.

  • Negrín (2005) “Effects of Interchange Fee Changes on Merchant Service Fees and Cardholders' Benefits”, mimeo, Banco de México.

  • If you choose to use any Additional Services offered, we will notify you of the Merchant Service Fee(s) and/or other fees and charges at or as soon as practicable after, the time the Additional Service is provided.

  • Many merchants have blended Merchant Service Fees (MSFs) and are used to this concept.

  • Adoption of Resolution No. 2006 - 101 Merchant Service Fees on Credit Cards4.

Related to Merchant Service Fees

  • 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).

  • Service Fees means all fees payable by Party B to Party A pursuant to Article 3 of this Agreement in respect of the Services provided by Party A.

  • Service Fee means a fee charged by us to you for the administration of your credit facility.

  • Relevant Services means the performance of any services of the type provided by the Company, its Affiliates and/or their predecessors at any time, past, present or future, including, but not limited to, consulting services, technology services, and/or outsourcing services.

  • Payment Services means such Services as We provide in relation to payments into and out of Your Account.

  • Monthly Service Fee means a monthly charge to a member for continuing care and not as rent, or a daily prorated portion thereof.

  • Client services means services provided directly to agency

  • Merchant means a person who is authorized under a written contract with an acquirer to honor or accept credit cards, or to transmit or process for payment credit card payments, for the purchase of goods or services or a charitable contribution.

  • Procurement Services shall refer to a business unit of OGS, formerly known as New York State Procurement (“NYSPro”) and Procurement Services Group (“PSG”).

  • Inpatient services means services provided to you as an admitted inpatient in a recognised private or public hospital for treatment that is in an included clinical category, has a Medicare item number allocated and a Medicare benefit is payable.

  • payment service user means a natural or legal person making use of a payment service in the capacity of either payer or payee, or both;

  • Management Services means the services specified in sub-clauses 3.1 to 3.8 as indicated affirmatively in Boxes 5 to 12.

  • Extra Services means those services set forth in Schedule “B” that are requested by the Municipality for itself or on behalf of its citizens and provided by the Company in accordance with paragraph 7 of this Agreement;

  • Banking Services Reserves means all Reserves which the Administrative Agent from time to time establishes in its Permitted Discretion for Banking Services then provided or outstanding.

  • Investment Services means the Investment Services under the Company’s CIF license which can be found in the document “Company Information”.

  • payment service provider means a person whose business includes the provision of transfer of funds services;

  • Replacement Services means any services which are substantially similar to any of the Services and which the Customer receives in substitution for any of the Services following the Contract Expiry Date, whether those services are provided by the Customer internally and/or by any third party;

  • Services Fees means the agreed upon fees in an Order for the Services Offerings.

  • Input Service Distributor means an office of the supplier of goods or services or both which receives tax invoices issued under section 31 towards the receipt of input services and issues a prescribed document for the purposes of distributing the credit of central tax, State tax, integrated tax or Union territory tax paid on the said services to a supplier of taxable goods or services or both having the same Permanent Account Number as that of the said office;

  • Case management services means planned referral, linkage, monitoring and support, and advocacy provided in partnership with a consumer to assist that consumer with self sufficiency and community tenure and take place in the individual’s home, in the community, or in the facility, in accordance with a service plan developed with and approved by the consumer and qualified staff.

  • Collection Services means all the activities, including those conducted at Events and Depots operated by or on behalf of the Collector, for the purpose of receiving, classifying, packing, storing and transferring Automotive HSP onto transportation vehicles, including the manifesting of the Automotive HSP prior to transportation from the Event or Depot;

  • Outpatient services means those services rendered in a practitioner’s office or in the department of an approved facility where services are rendered to persons who have not had an overnight stay and are not charged for room and board.

  • relevant service means service that counts towards the 30 days’ qualifying service for the purposes of subsection (1).]

  • Development Services “Target Market”; “Investment Areas”; and “Targeted Populations” have the meanings ascribed to such terms in 12 C.F.R. 1805.104.

  • Support Services means support in relation to the use of, and the identification and resolution of errors in, the Hosted Services, but shall not include the provision of training services;

  • Management Services Agreement has the meaning set forth in Section 2.1(d).