Payment Mechanism definition

Payment Mechanism means payment by Customer via credit card, online, direct debit or other payment mechanism other than Customer’s electronic funds transfer. “Products” means hardware, licensed Software, and associated Documentation. “SOW” or “Statement of Work” means a Customer-specific document that describes the features, terms and conditions of an Avaya service being purchased by Customer. “SAS” or “Service Agreement Supplement” has the meaning given in the applicable Order Specific Terms.
Payment Mechanism means the payment mechanism through the internet utilizing the Acquiring Bank's Services and through such other modes and mechanisms of payment and delivery as may be notified by the SabPaisa from time to time.
Payment Mechanism means Schedule Part 14 (Payment Mechanism);

Examples of Payment Mechanism in a sentence

  • Both the Parties agree that each Party shall be responsible for its own costs and be responsible for providing and maintaining all necessary equipment’s and facilities at their respective ends so as to connect to SIB’s platform for the purpose of providing the Payment Xxxxxxxxx.Xx enable the Services under this Agreement, the Merchant would require integrating the Merchant Site and/or with the Merchant’s billing system to SIB Site and/ or Payment Mechanism.

  • After mutual discussion with the Merchant, SIB shall be entitled to modify the mode of payment and the payment procedure mentioned above and shall be also entitled to modify its Payment Mechanism from time to time in such manner as it may deem fit.

  • The Merchant hereby agrees to permit Customer to utilize the Payment Mechanism for making payment for Product purchased by the Customer on the Merchant Site.

  • SIB reserves the right, but shall not be obliged, to make changes, enhancements, and/or modifications to the Services offered by SIB from time to time including, without limitation, the development of updates, patches, upgrades and/or the procurement of new releases of any software or the Internet Payment Gateway or any changes in Payment Mechanism.

  • SIB may accordingly modify the Payment Mechanism in such manner as may be deemed fit by SIB.


More Definitions of Payment Mechanism

Payment Mechanism means the entire processing and facilitation of online payments by Master Merchant with help of the services of Facility Providers, mechanism through the Internet utilizing the internet banking facility; internet based electronic commerce, internet payment gateway of various Facility Providers and through such other modes and mechanisms of payment and delivery as may be notified by the Master Merchant from time to time.
Payment Mechanism means the entire processing and facilitation of online payments by Service Provider with help of the services of Facility Providers, mechanism through the Internet utilizing the internet banking facility; internet based electronic commerce, internet payment gateway of various Facility Providers and through such other modes and mechanisms of payment and Delivery as may be notified by the SMARTWAVE / Service Provider from time to time.
Payment Mechanism means the payment mechanism set out in Schedule 20 – Payment Mechanism.
Payment Mechanism means ECS, ACH, RTGS or payment by way of cheque, as the case may be.
Payment Mechanism means the method in which a One-time In-Home Subsidy, Recurring In-Home Subsidy, or a combination of both is distributed to the client.
Payment Mechanism the mechanism in terms of which Unitary Payment payable tothe Private Partyby the NDoT is governed as set out in Schedule14(Payment Mechanism) hereto; “Penalty/ies” - the penalty/ies denominated in Rand and payable by the Private Party in terms of Schedule 15(Penalty Regime) for failure to meet its obligations set out in the SLA, and Schedule 5 (Target Group Terms) for failure to meet its Target Group obligations; “Performance Bond” - performance bond be issued by the registerd financial institution and to be delivered by thePrivate Pay to the NDoT in accordance with Clause 24 (PERFORMANCE BOND);
Payment Mechanism means the payment mechanism through the Internet utilizing the Online Payment Facilities of various Acquiring banks, card payment systems and through such other modes and mechanisms of payment and delivery as may be notified by Cashlesso from time to time.