Payment Facilitation Services definition

Payment Facilitation Services means facilitating the receipt of Sale Price on the Platform either along with Platform Services or otherwise (for example cash on delivery services).
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Payment Facilitation Services refers to the payment facilitation services performed by Mobicred for the Merchant in terms whereof: 2.22.1 Mobicred Account Holders will, when entering into Mobicred Transactions on the Website, be entitled to elect to discharge the Purchase Price by way of the utilisation of amounts available for access pursuant to their Credit Agreement; and 2.22.2 the Purchase Price will thereafter be discharged by Mobicred to the Merchant, for and on behalf of such Mobicred Account Holders, on the terms and subject to the conditions of this Agreement and the Credit Agreement.
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Payment Facilitation Services means services that facilitate acceptance of Cards and APM, including facilitating provision of Acquiring Services;
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Examples of Payment Facilitation Services in a sentence

  • Except for the facilitation of payment of sale consideration of the Product through the Payment Facilitation Services, the Service Provider and/or its Affiliates shall be entitled to retain any and all revenues generated from any sales or licenses of all such advertisements and promotions.

  • To the extent the Service Provider is unable to receive the Service Fees from the Payment Facilitation Services as aforesaid, the Merchant shall make all payments within ten (10) business days of receipt of the relevant invoice from the Service Provider.

  • The sale and purchase transaction between Seller and the End Customer shall be a bipartite contract between them and Service Provider is merely facilitating the transaction between Seller and End Customer as an intermediary and a conduit by making available Service Provider Business and Payment Facilitation Services to Seller and End Customer.

  • To the extent the Service Provider is unable to receive the Service Fees from the Payment Facilitation Services as aforesaid; the Merchant shall make all payments within ten (10) business days of receipt of the relevant invoice from the Service Provider.

  • The sale and purchase transaction between Vendor and the End Customer shall be a bi partite contract between them and Service Provider is merely facilitating the transaction between Vendor and End Customer as an intermediary and a conduit by making available Service Provider Business and Payment Facilitation Services to Vendor and End Customer.

  • Except for the facilitation of payment of Order of the Product through Payment Facilitation Services, Service Provider and/or its Affiliates shall be entitled to retain any and all revenues generated from any sales or licenses of all such advertisements and promotions.

  • Except for the facilitation of payment of sale consideration of the Product through Payment Facilitation Services, Service Provider and/or its Affiliates shall be entitled to retain any and all revenues generated from any sales or licenses of all such advertisements and promotions.

  • The sale and purchase transaction between the Merchant and the End Customer shall be a bi-partite contract between them and the Service Provider is merely facilitating the transaction between the Merchant and the End Customer as an intermediary and a conduit by making available the Service Provider Business and the Payment Facilitation Services to the Merchant and the End Customer.

  • Our Payment Facilitation Services offers you the ability to process payment transactions, namely complete the payment for a purchase between a seller and a buyer (“Payment(s)”) through various means.

  • We do not charge a fee to use the Payment Facilitation Services to purchase Commodities as a Buyer.


More Definitions of Payment Facilitation Services

Payment Facilitation Services means the act of holding onto funds when offering payment services which includes switching, transmitting or processing payment instructions (including the delivery to and/or receipt of payment instructions) between system participants and merchants or customers and/or communicating transaction information between merchants, issuing banks, and the acquiring bank, as well as providing infrastructure and platform which allows other payment service providers to offer payment services;
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Related to Payment Facilitation Services

  • Education Services means training services performed or delivered by Company.

  • Collection Services means all of the duties and obligations of the Contractor hereunder.

  • Distribution Services means the service of distribution, as defined in section 5 of the Act;

  • Interconnection Service(s) means any Interconnection, Resale Services, 251(c)(3) UNEs, Collocation, functions, facilities, products or services offered under this Agreement.

  • Implementation Services has the meaning set forth in Section 2.1.

  • Installation Services means all those services ancillary to the supply of the Plant and Equipment for the Facilities, to be provided by the Contractor under the Contract; e.g., transportation and provision of marine or other similar insurance, inspection, expediting, site preparation works (including the provision and use of Contractor’s Equipment and the supply of all construction materials required), installation, testing, pre-commissioning, commissioning, operations, maintenance, the provision of operations and maintenance manuals, training, etc.

  • Construction Services means either of the following for construction-manager-at-risk, design-build and job-order-contracting project delivery methods:

  • Hosting Services means the provision, administration, and maintenance of servers and related equipment, the provision of bandwidth at the hosting facility, and the operation of the Application for access by Customer Users to be provided by the relevant hosting service provider.

  • Preconstruction services means services and other activities during the design phase.

  • Administration Services means the services required for the effective and efficient administration of Bonitas and includes, but are not necessarily limited to, member record management, contribution management, benefit option management, claims processing and management, management of members’ personal, claims and financial information and any other services that are required for the administration of Bonitas;

  • Interconnection Service Agreement means an agreement among the Transmission Provider, an Interconnection Customer and an Interconnected Transmission Owner regarding interconnection under Tariff, Part IV and Tariff, Part VI.

  • Access Services refers to interstate and intrastate switched access and private line transport services.

  • Hospice services means palliative and supportive care and other services provided by an interdisciplinary team under the direction of an identifiable hospice administration to terminally ill hospice patients and their families to meet the physical, nutritional, emotional, social, spiritual, and special needs experienced during the final stages of illness, dying, and bereavement, as defined in Minnesota Statutes, § 144A.75, subd. 8, and includes the set of services as determined by the Medicare program under §1861(dd) of the Social Security Act and defined in 42 CFR § 418.3.

  • Application Services means the hosted applications and related services as described in Exhibit A.

  • Communication Services means aeronautical fixed and mobile services to enable ground-to-ground, air-to-ground and air-to-air communications for ATC purposes;

  • Transition Services means a coordinated set of activities for a child with a disability that:

  • Child support services means any civil, criminal or administrative action taken by the Division of

  • Rehabilitation services means face-to-face individual or group services provided by qualified staff to develop skill necessary to perform activities of daily living and successful integration into community life.

  • Provisional Interconnection Service means interconnection service provided by Transmission Provider associated with interconnecting the Interconnection Customer’s Generating Facility to Transmission Provider’s Transmission System and enabling that Transmission System to receive electric energy and capacity from the Generating Facility at the Point of Interconnection, pursuant to the terms of the Interconnection Service Agreement and, if applicable, the Tariff.

  • Respite services means a temporary period of relief and support for individuals and their families provided in a variety of settings. The intent is to provide a safe environment with staff assistance for individuals who lack an adequate support system to address current issues related to a disability. Respite may be provided for a defined period of time; respite is either planned or provided in response to a crisis.

  • Monitoring Services shall have the meaning set forth in Section 2(b) of this Agreement.

  • Interconnection Service means the physical and electrical interconnection of the Customer Facility with the Transmission System pursuant to the terms of Tariff, Part IV and Tariff, Part VI and the Interconnection Service Agreement entered into pursuant thereto by Interconnection Customer, the Interconnected Transmission Owner and Transmission Provider.

  • Optional Services means services that a USF Service Provider is authorized but not required to provide pursuant to the USF Services and Subsidy Agreement and any Licences held by a USF Service Provider;

  • Satellite services means communications capabilities that utilize an on-orbit satellite for transmitting the signal from one location to another.

  • Vocational rehabilitation services means the unit of vocational rehabilitation established in IC 12-12-1-2(2) as a unit of the rehabilitation services bureau in DDRS.

  • Generation Service means the sale of electricity, including ancillary services such as the provision of reserves, to a Customer by a Competitive Supplier.