Merchant Systems definition

Merchant Systems means any and all card acceptance and processing systems used by OSU’s acquiring bank (as defined in PCI DSS) ; and
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Merchant Systems means any and all Card acceptance and processing systems used by CUSTOMER (except BAMS Systems), including, without limitation, Software (except BAMS Software), related documentation, technical formats and specifications, technical and business information related to inventions and present and future products and product lines, intellectual property, know-how, and any other information that is identified as CUSTOMER’s systems, whether owned by CUSTOMER or Merchant Providers or other Persons used by CUSTOMER.
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Merchant Systems. The software, hardware, and infrastructure used by you to manage various aspects of your business operations in connection with the Services. My EMS: The platform, accessible to you, which allows you to, inter alia, view Transactions, access the Documentation and various other information, modify the settings of the Services, and which serves as the channel through which we may communicate notices related to the Services. Pay-out: A payment by us from your Balance to your Bank Account. Payment Instrument: Any specific tool or mechanism used by a Customer to initiate a Transaction, such as a Card, an electronic authorization for direct debit, or for other forms of (electronic) Payment Methods.
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Examples of Merchant Systems in a sentence

  • Processor warrants that the Token returned to you, as a result of using the Data Protection Service, cannot be used to initiate a financial sale transaction by an unauthorized entity/person outside the Merchant Systems.

  • Third Party Vendor agrees to permit Merchant Processor to conduct remote scans of its Merchant Systems.

  • Third Party Vendor agrees to provide reasonable access to Merchant Systems, if applicable, facilities and records during normal business hours for examination purposes to any state or federal agencies with jurisdiction over Merchant Processor or any card organization.

  • In addition, upon reasonable prior written notice and as directed by any card organization, Third Party Vendor agrees to permit any person acceptable to that card organization to examine and audit the records, operations and Merchant Systems, if applicable, relevant to such card organization.

  • CUSTOMER will, upon reasonable prior written notice from SERVICERS and as directed by any Card Organization, permit any Person acceptable to that Card Organization to examine and audit the records, operations and Merchant Systems relevant to such Card Organization.

  • Subject to the terms of this Section 5, BAMS grants to CUSTOMER a non-transferable, non- assignable, non-exclusive, revocable sub-license during the term of this Section 5 to use PAN Data Protection, associated software, firmware or hardware, end-user documentation and associated Marks, whether provided by BAMS or a Person through BAMS, in the United States on CUSTOMER’s computers, networks or Merchant Systems for their intended purpose.

  • I authorize US Merchant Systems, LLC to correct any errors on my application.

  • As the merchant, I further agree that if I terminate this Agreement, or breach any of the aforementioned agreements, resulting in the termination of Service, before the end of the initial term, or during any subsequent renewal terms, I, the Merchant, attest and agree that this is a breach of contract and US Merchant Systems, LLC may terminate this agreement for cause and I agree that I, the Merchant, shall pay US Merchant Systems, LLC as liquidated damages, up to $295 for each merchant ID number.

  • I, the Merchant agree, that prior to the end of the initial term or prior to or at the end of any subsequent renewals, I agree to give US Merchant Systems LLC or its assignees, the Right of First Refusal at retaining the Credit Card Processing Merchant Account.

  • I agree that this fee is not a penalty, but rather is reasonable in light of the financial harm and expense caused by my breach of contract or termination for cause by US Merchant Systems, LLC for breach of any of the aforementioned agreements.


More Definitions of Merchant Systems

Merchant Systems means any hardware or software used by Merchant to access website(s) operated or maintained by DNAP through which Transactions are submitted for processing, and all other associated systems; Minimum Term means the minimum duration for the provision of the Payment Facilitating Services with effect from the Effective Date, as specified on the Merchant Application Form;
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Merchant Systems means all software and systems used by or on behalf of the Merchant, the Merchant’s Affiliates, any of its or their direct or indirect sub-contractors, or any Authorised User in connection with the provision or receipt any of the Services or that the Services otherwise, link, inter-operate or interface with or utilise (in each case whether directly or indirectly);
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Merchant Systems means the information technology infrastructure used by, and in the possession, custody, or control of, Merchant including all computers, software, hardware, databases, electronic systems (including database management systems), and networks, whether operated directly by Merchant or through the use of third-party service providers, excluding the Banyan Systems.
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Merchant Systems means any and all card acceptance and processing systems used by UT.
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Related to Merchant Systems

  • 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).

  • Database Management System (“DBMS”) is a computer process used to store, sort, manipulate and update the data required to provide Selective Routing and ALI.

  • Energy Management System means a set of interrelated or interacting elements of a plan which sets an energy efficiency objective and a strategy to achieve that objective;

  • Database Management System (DBMS) A system of manual procedures and computer programs used to create, store and update the data required to provide Selective Routing and/or Automatic Location Identification for 911 systems. Day: A calendar day unless otherwise specified. Dedicated Transport: UNE transmission path between one of CenturyLink’s Wire Centers or switches and another of CenturyLink’s Wire Centers or switches within the same LATA and State that are dedicated to a particular customer or carrier. Default: A Party’s violation of any material term or condition of the Agreement, or refusal or failure in any material respect to properly perform its obligations under this Agreement, including the failure to make any undisputed payment when due. A Party shall also be deemed in Default upon such Party’s insolvency or the initiation of bankruptcy or receivership proceedings by or against the Party or the failure to obtain or maintain any certification(s) or authorization(s) from the Commission which are necessary or appropriate for a Party to exchange traffic or order any service, facility or arrangement under this Agreement, or notice from the Party that it has ceased doing business in this State or receipt of publicly available information that signifies the Party is no longer doing business in this State.

  • Service Management System (SMS) means an off-line system used to access, create, modify, or update information in a Database.