Payment Channel definition

Payment Channel means various modes of transactions including but not limited to EDC/POS terminals/kiosks/ Internet Payment Gateway/Mobile based payment solutions and various other modes as intimated by us from time to time.
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Payment Channel means various modes of transactions including but not limited to EDC/ POS terminals/kiosks / Internet Payment Gateway and various other modes as intimated by Yes Bank from time to time.
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Payment Channel has the meaning set forth in Section 4.8(b).
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Examples of Payment Channel in a sentence

  • Select the Bank Account Type and banking information in the required fields in the Payment Channel box.

  • General28.1. To be eligible to use RapidPay Services, you must be approved for at a minimum the Credit Card Payment Channel.

  • Each party may propose to add, remove or modify a Payment Channel in accordance with the procedures set forth in Section 3.4 and Section 3.5; provided, however, that Company may stop accepting In-Store Payments upon thirty (30) days prior notice to Bank if accepting In-Store Payments becomes operationally burdensome and Bank may direct Company to stop accepting In-Store Payments upon thirty (30) days prior notice if required by Applicable Law.

  • The validity and contents of the signature is easily verified due to the properties of signed messages described in 2.1. Payment Channel StatesOffline States It is entirely up to Alice whether she wishes to pay the transaction fee involved in updating the state of the payment channel, as long as she updates the state before the channel closes, the 1 coin is safely hers.If Bob wishes to pay Alice another Coin, he must sign another transaction.

  • Blockchain-based Payment Channel Networks: Challenges and Recent Advances.

  • Whereas the Merchant (Customer)wants to use the Electronic Payment Channel (Online) to enable its customers to pay for rents/services through its website by using their debit (K-net) cards ("Transaction" or "Transactions").

  • Payment Channel Ledger 0.035 to SBCam0.015Starbucks0.035 0.015 to Cam • Important 2: You do not need to set up a separate payment channel for Starbucks – you can use the network.• Suppose Amber and Cam have a payment channel.

  • Such a network of channels is known as a Payment Channel Network (PCN).

  • Special Credit Card Payment Channel provisions33.1. The following terms and conditions apply to the use of the Credit Card Payment Channel as part of RapidPay Services.

  • The network formed with the nodes being coin owners and the links being payment channels is called a Payment Channel Network (PCN).


More Definitions of Payment Channel

Payment Channel means a channel that offers a payment method to enable the Merchant to accept the payment method to their Customer including but not limited to, Cards, online and offline bank transfers, direct debits, offered by Payment Schemes, online and/or offline E-Wallet under this Agreement; “Payment Scheme” means the network of the entity which regulates and offers the Payment Channel, including but not limited to Visa, MasterCard, JCB, Union Pay, Diners Club and PayNet;
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Payment Channel means various modes of transactions including but not limited to EDC/ POS terminals/kiosks / Internet Payment Gateway and various other modes as intimated by NSDL Payments Bank from time to time.
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Payment Channel is the underlying Service or other means that: (a) The
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Payment Channel means NETSPay, eNETS or Third Party Bank Mobile Apps;
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Related to Payment Channel

  • Payment card means a credit card, charge card, debit card, or any other card that is issued to an authorized card user and that allows the user to obtain, purchase, or receive goods, services, money, or anything else of value from a merchant.

  • Channels means the standard definition (SD) channel(s)/ high definition (HD) channels, as the case maybe and more specifically listed out by the Broadcaster, along with their Nature, Maximum Retail Price (if any) and respective genre, in Annexure B annexed to this Agreement that are owned/operated by the Broadcaster (including its subsidiary company or holding company or subsidiary of the holding company) ;

  • END USER CUSTOMER LOCATION means the physical location of the premises where an End User makes use of the telecommunications services.

  • End Users means a Third Party residence or business that subscribes to Telecommunications Services provided by any of the Parties at retail. As used herein, the term “End User(s)” does not include any of the Parties to this Agreement with respect to any item or service obtained under this Agreement.

  • End User means, in the event that the Services or Deliverables involve the use of any information systems, any and all UNICEF employees, consultants and other personnel and any other external users collaborating with UNICEF, in each case, authorized by UNICEF to access and use the Services and/or Deliverables.

  • Program Guide The Residential Funding Seller Guide for mortgage collateral sellers that participate in Residential Funding's standard mortgage programs, and Residential Funding's Servicing Guide and any other subservicing arrangements which Residential Funding has arranged to accommodate the servicing of the Mortgage Loans.