Merchant Services definition

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).
Merchant Services means the goods and services that form part of an Order, as offered by you in any of Merchant’s Sites.
Merchant Services means the collective activities undertaken by Bank, Processor, and CyberSource (including by or through authorized third party service providers) to process and settle U.S. denominated Visa and MasterCard Card transactions initiated by Cardholders at Merchant’s location in the United States and all other activities necessary for Processor, Bank, and CyberSource to perform functions required by this Agreement for all other Cards, if any, that may be covered by this Agreement, but not including gateway services that may be provided by CyberSource pursuant to a separate agreement between CyberSource and Merchant that governs the use of gateway services.

Examples of Merchant Services in a sentence

  • In the event that you breach this representation and warranty, we may suspend the Merchant Services and/ or take any steps as we (or any Card Scheme) deem necessary to remedy the breach.

  • In order to ascertain whether or not you are complying with the Agreement, you authorise Elavon at any time (including prior to providing Merchant Services) to perform an on-site audit of those facets of your business, which in our determination are relevant to Merchant Services, and with such reasonable prior notice as is permitted by the Card Scheme Rules.

  • You are obtaining and using Merchant Services for legitimate business purposes only and to facilitate lawful business Transactions between yourself and your Purchasers.

  • Elavon may, subject to compliance with the Card Scheme Rules, appoint one or more agents or representatives in relation to Merchant Services provided under the Agreement.


More Definitions of Merchant Services

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).
Merchant Services shall have the meaning given in the Preamble
Merchant Services shall have the meaning given to it in the Marketing Agreement.
Merchant Services means the products and services provided by the Merchant to the Customers in the ordinary conduct of its business and for which Customers will pay using the Payment Gateway;
Merchant Services means services provided by each of BPPR and EVERTEC to Merchants (and, in the case of Government-Merchants, by BPPR with the assistance of EVERTEC under this Agreement) pursuant to the Merchant Program.
Merchant Services means the acceptance of Sales Transaction Receipts in accordance with the Agreement.
Merchant Services means the products and services provided by the