Merchant Services Agreement definition

Merchant Services Agreement means any agreement between an "insured" and a financial institution, credit/debit company, credit/debit card processor or independent service operator enabling an "insured" to accept credit card, debit card, prepaid card, or other payment cards for payments or donations.
Merchant Services Agreement means any agreement between an Insured and a financial institution, credit/debit card company, credit/debit card processor or independent service operator enabling an Insured to accept credit card, debit card, prepaid card or other payment cards for payments or donations.
Merchant Services Agreement means a contractual agreement between the Insured and any other organisation which allows the Insured to accept payment by credit or debit card.

Examples of Merchant Services Agreement in a sentence

  • In order for any Recipient Organization to use the Payment System, it must first enter into a Merchant Services Agreement (“MSA”) with the Payment Processor and its sponsoring bank.


More Definitions of Merchant Services Agreement

Merchant Services Agreement means any written agreement between “You” and a card association (including MasterCard, VISA, Discover, American Express or JCB), which allows “You” to accept payment by credit, debit or prepaid card.
Merchant Services Agreement means any agreement between the Named Insured and/or anySubsidiaries and a credit or debit card company, credit or debit card processor, financial institution, or independent sales organisation which allows the Named Insured and/or anySubsidiaries to accept payment by credit card, debit card or prepaid card.
Merchant Services Agreement means an agreement between you and a financial institution, credit card association or payment card processor that enables you to accept credit cards, debit cards or prepaid cards for the payment of goods, services or donations.
Merchant Services Agreement means any agreement between a Covered Party and a financial institution, credit/debit card company, credit/debit card processor or independent service operator enabling a Covered Party to accept credit card, debit card, prepaid card, or other payment cards for payments or donations.
Merchant Services Agreement. Means a written agreement between you and a third party to enable the acceptance, authorization, processing and settlement of payment card transactions, including but not limited to an acquiring bank, a card scheme or a payment card processor.
Merchant Services Agreement means any agreement between the company and a financial institution, credit/debit card company, credit/debit card processor, or independent service operator enabling the company to accept credit card, debit card, prepaid card, or other payment cards for payments or donations.
Merchant Services Agreement means a contract between the Insured Entity and an acquiring bank, or other acquiring institution, that establishes the terms and conditions for accepting and processing payment card transactions. Money means currency, coin, bank notes, traveler’s checks, certified or cashier’s checks, money orders, or bullion. Money does not include Securities.