Merchant Supplier definition

Merchant Supplier means a third party other than Processor or Member Bank used by Merchant in connection with the Services received hereunder, including but not limited to, Merchant’s software providers, equipment providers, and/or third party processors. MasterCard shall mean MasterCard International, Inc. Operating Regulations means the by-laws, operating regulations and/or all other rules, policies and procedures of VISA, MasterCard, Discover, and/or Other Networks as in effect from time to time. Other Network shall mean any network or card association other than VISA, MasterCard, or Discover that is identified in the Merchant Price Schedule and in which Merchant participates hereunder. PCI shall mean the Payment Card Industry Data Security Standard. Service shall mean any and all services described in, and provided by Processor pursuant to, this Agreement. VISA shall mean VISA USA, Inc.

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Merchant Supplier means a third party other than Processor or Member Bank used by Merchant in connection with the Services received hereunder, including but not limited to, Merchant’s software providers, equipment providers, and/or third party processors. MID shall mean the merchant identification number issued by Processor for each account through which ▇▇▇▇▇▇▇▇ receives the Services. Depending on the setup of Merchant’s account, one or more MIDs may be issued for each location where ▇▇▇▇▇▇▇▇ receives the Services. Operating Regulations means the by-laws, operating regulations and/or all other rules, policies and procedures of VISA, MasterCard, American Express, Discover, and/or Other Networks as in effect from time to time. Other Network(s) shall mean any network or card association other than VISA, MasterCard, American Express, or Discover that is identified in the and in which Merchant participates hereunder. The term Other Network includes Interac. PCI-DSS shall mean the Payment Card Industry Data Security Standard. Person is to be broadly interpreted and includes an individual, a corporation, a partnership, a trust, an unincorporated organization, the government of a country or any political subdivision thereof, or any agency or department of any such government, and the executors, administrators or other legal representatives of an individual in such capacity.

Merchant Supplier means a third party other than Processor or Member Bank used by Merchant in connection with the Services MID shall mean the merchant identification number issued by Processor for each account through which ▇▇▇▇▇▇▇▇ receives the Services. Depending on the setup of Merchant’s account, one or more MIDs may be issued for each location where ▇▇▇▇▇▇▇▇ receives the Services. Operating Regulations means the by-laws, operating regulations and/or all other rules, policies and procedures of VISA, MasterCard, American Other Network(s) shall mean any network or card association other than VISA, MasterCard, American Express, or Discover that is identified in PCI-DSS shall mean the Payment Card Industry Data Security Standard. Person is to be broadly interpreted and includes an individual, a corporation, a partnership, a trust, an unincorporated organization, the government of a country or any political subdivision thereof, or any agency or department of any such government, and the executors, administrators or other legal representatives of an individual in such capacity.

Examples of Merchant Supplier in a sentence

• In no event shall Processor have any liability for any amounts directed to an Account that has been designated by any purported representative of Merchant or its Merchant Supplier at any time during the term of this Agreement, regardless of any Account Change.

• In no event shall Merchant use a Merchant Supplier unless such Merchant Supplier is compliant with PCI and/or the Payment Application Data Security Standard (“PA-DSS”), depending on the type of Merchant Supplier, as required by the Operating Regulations.

• Merchant shall cause its Merchant Supplier to cooperate with Processor in completing any such steps or certifications (if applicable), and in performing any necessary due diligence on such Merchant Supplier.

• Merchant acknowledges and agrees that Merchant shall cause its Merchant Supplier to complete any steps or certifications required by any Association (e.g., registrations, PA-DSS, PCI, audits, etc.).

• Merchant acknowledges that Processor is responsible only for the security of its own proprietary systems, and not for the systems of any third party, including without limitation any Merchant Supplier of Merchant.

• Merchant expressly agrees that Processor shall in no event be liable to Merchant or any third party for any actions or inactions of any Merchant Supplier used by Merchant, even if Processor introduced and/or recommended the use of such Merchant Supplier to Merchant, or never objected to the use of such Merchant Supplier, and Merchant hereby expressly assumes all such liability.

• Merchant represents and warrants that neither it nor its Merchant Supplier shall retain or store any portion of the magnetic-stripe data subsequent to the authorization of a sales transaction, nor any other data prohibited by the Operating Regulations and/or this Agreement.

• In no event shall Processor be liable for any damages or losses (i) that are wholly or partially caused by the Merchant, or its employees, agents, or Merchant Suppliers that should have been reported to Processor pursuant to Section 22, (ii) that first occurred, whether or not discovered by ▇▇▇▇▇▇▇▇, more than thirty (30) days prior to Processor's receipt of written notice from Merchant or (iii) that were caused due to errors in data provided by Merchant or another Merchant Supplier to Processor.

• In no event shall Merchant use a Merchant Supplier unless such Merchant Supplier is compliant with PCI and/or the Payment Application Data Security Standard (“PA- DSS”), depending on the type of Merchant Supplier, as required by the Operating Regulations.

• Prior to selling On-Platform Analytics to a Participating Merchant, Supplier will obtain Bank of America’s written approval (email is sufficient) and such approval will not be unreasonably withheld.

More Definitions of Merchant Supplier

Merchant Supplier means a third party other than Processor used by Provider or Sub-merchant in connection with the Services received hereunder, including but not limited to, Sub-merchant’s software providers, equipment providers, and/or third party processors. Operating Regulations means the by-laws, operating regulations and/or all other rules, guidelines, policies and procedures of VISA, MasterCard, Discover, American Express and/or Other Networks, and all other applicable rules, regulations and requirements of Processor, Member Bank, providers, banks, institutions, organizations, associations, or networks which govern or affect any services provided under this Agreement, and all state and federal laws, rules and regulations which govern or otherwise affect the activities of Sub-merchant, including, but not limited to, those of the National Automated Clearing House Association (“NACHA”) and the Federal Trade Commission (“FTC”), as any or all of the foregoing may be amended and in effect from time to time. Other Network shall mean any network or card association other than VISA, MasterCard, Discover or American Express that is identified in the Application or any subsequent amendment to this Agreement and in which Sub-merchant participates hereunder. Payments shall mean payments initiated by Cardholders using a Card or by means of an ACH transfer.

Merchant Supplier means a third party other than Processor or Member Bank used by Merchant in connection with the Services received hereunder, including but not limited to, Merchant’s software providers, equipment providers, and/or third party processors. Other Network shall mean any network or card association other than VISA, MasterCard, or Discover that is identified in the Merchant Price Schedule and in which Merchant participates hereunder. Service(s) shall mean any and all services described in, and provided by Processor pursuant to, this Agreement.