Payment Merchant definition

Payment Merchant means a merchant entity
Payment Merchant means a merchant entity to which iAPPS provides a mobile payment system to accept payment for product(s) or service(s) effected through the SLIDE Application.
Payment Merchant means a merchant entity to which TEPL provides a mobile payment system to accept payment for product(s) or service(s) effected through the Dash Application.

Examples of Payment Merchant in a sentence

  • It is understood that the Planet Payment Merchant Accounting System is a component of the Planet Payment Platform and, as such, the software, technology and processes comprising the Planet Payment Merchant Accounting System are proprietary to Planet Payment.

  • The Planet Payment Switch will receive the batch close command and will prepare the Transactions for clearing to the Planet Payment Merchant Accounting System.

  • Planet Payment will provide certain personnel designated by Acquirer with full access to the Planet Payment Merchant Accounting System data (which is stored in the Planet Payment Merchant Accounting System) via a secure and Account Security Program-compliant web interface, in accordance with mutually agreeable procedures.

  • The Planet Payment Merchant Accounting System is part of the Planet Payment Platform.

  • System Acquirer, Merchants and certain VARs will utilize the Planet Payment Merchant Accounting System in order to facilitate the clearing and settlement of Transactions.

  • Planet Payment represents that the Planet Payment Merchant Accounting System has the capability to calculate merchant revenue sharing amounts on a per-Merchant basis, at Acquirer’s option.

  • Acquirer and certain VARS will utilize the Planet Payment Merchant Accounting System in order to facilitate the clearing, settlement, reconciliation and reporting of Transactions of Acquirer Merchants processed hereunder.

  • Planet Payment will provide designated Acquirer staff with necessary access to the Planet Payment Merchant Accounting System data which is stored in the Planet Payment MAS via a secure and Account Security System compliant web interface (known as P-Web), in a mutually agreeable manner and scope, which can be modified as agreed by the parties from time to time.

  • The Planet Payment Merchant Accounting System will receive inbound Transaction clearing files from the Planet Payment Switch and will out-process the Transactions to Visa and MasterCard through Planet Payment’s Platform in the Cardholder Settlement Amount.

  • Amazon Webservices, Inc., 000 Xxxxx Xxxxx Ave North, WA 98109-5210 Seattle, USA • Hosting and related security services (provided exclusively within the EU PayU Payments Solutions Proprietary Ltd., 3rd Xxxxx,Xxxx Xxxxx Xxxxxxxxxxxx Xxxxx Xxxxxx Xxxx Xxxx, 0000 • Payment Merchant for all Online Ordering (OLO) Payments that allows customers to securely pay.

Related to Payment Merchant

  • Transient merchant means any person who engages in a temporary or itinerant merchandising business and in the course of such business hires, leases or occupies any building or structure whatsoever, or who operates out of a vehicle which is parked anywhere within the City limits. Temporary association with a local merchant, dealer, trader or auctioneer, or conduct of such transient business in connection with, as a part of, or in the name of any local merchant, dealer, trader or auctioneer does not exempt any person from being considered a transient merchant.

  • Participating Merchant means a Merchant that offers the Online Payment Service as an online payment option on the Merchant’s website.

  • Payroll card means a record that evidences a

  • Client Account means the unique personalised account of the Client consisting of all Completed Transactions, Open Positions and Orders in the Trading Platform, the balance of the Client money and deposit/withdrawal transactions of the Client money.

  • Gross Settlement Fund means the Settlement Amount plus all interest earned thereon.

  • Customer Account means an account carried by a Participant on behalf of a Customer.

  • CRS means the Standard for Automatic Exchange of Financial Account Information approved on 15 July 2014 by the Council of the Organisation for Economic Cooperation and Development, also known as the Common Reporting Standard, and any bilateral or multilateral competent authority agreements, intergovernmental agreements and treaties, laws, regulations, official guidance or other instrument facilitating the implementation thereof and any law implementing the Common Reporting Standard;

  • Merchant means any corporate entity, person or other establishment, supplying goods and/or services, which a Card Scheme Member Bank has approved and made arrangements to accept the Card or the Card numbers as a mode of payment or reservation by the Cardholder.

  • Billing Account is the checking account from which all Service fees will be automatically debited.

  • Viatical settlement broker means a person, including a life insurance producer as provided for in section 508E.3, who, working exclusively on behalf of a viator and for a fee, commission, or other valuable consideration, offers or attempts to negotiate viatical settlement contracts between a viator and one or more viatical settlement providers or one or more viatical settlement brokers. Notwithstanding the manner in which the viatical settlement broker is compensated, a viatical settlement broker is deemed to represent only the viator, and not the insurer or the viatical settlement provider, and owes a fiduciary duty to the viator to act according to the viator’s instructions and in the best interest of the viator. “Viatical settlement broker” does not include an attorney, certified public accountant, or a financial planner accredited by a nationally recognized accreditation agency who is retained to represent the viator and whose compensation is not paid directly or indirectly by the viatical settlement provider or purchaser.

  • Viatical settlement contract or “contract” means a written agreement entered into between a provider and a viator in which the provider will pay consideration that is less than the expected death benefit of the viator's policy in return for the viator's assignment, transfer, sale, devise, or bequest of the death benefit or ownership of the policy to the provider.

  • Payroll Deduction Account means the bookkeeping account established for a Participant in accordance with Section 6.

  • Consumer account means an account established primarily for personal, family, or household use.

  • Gross Settlement Amount means $240,000 which is the total amount Standard agrees to pay under the Settlement, except as provided in Paragraph 8 below. The Gross Settlement Amount will be used to pay Individual Class Payments, Individual PAGA Payments, the LWDA PAGA Payment, Class Counsel Fees, Class Counsel Expenses, Class Representative Service Payment and the Administrator’s Expenses.

  • Settlement Account means an account established at a financial institution designated by Merchant as the account to be credited and debited by the Servicers for Transactions, Card Fees, Chargebacks and other amount assessed by a Card Association and passed- through to Merchant pursuant to the terms of this Agreement.

  • User Account means an account under the name of the Customer in relation to the Service subscribed by the Customer.

  • wholesale customer means a natural or legal person purchasing electricity for the purpose of resale inside or outside the system where he is established;

  • Processing Fee means in relation to a Transaction Summary delivered:

  • Net Payment means the amount the Issuer or any paying agent pays the Holder after deducting or withholding an amount for or on account of any present or future tax, assessment or other governmental charge imposed with respect to that payment by a taxing authority (including any withholding or deduction attributable to additional amounts payable pursuant to this Section).

  • Bidder/Channel Partner means an eligible entity/firm submitting the Bid in response to this RFP.

  • Seller Account shall have the meaning set forth in the preamble of this Agreement.

  • Distributor / Distribution Company means Company(ies), Firm(s), Sole Proprietorship concern(s), individual(s), Banks or any other Financial Institution appointed by the Management Company under intimation to the Trustee for performing any or all of the Distribution Functions and who are registered with MUFAP as Registered Service Providers. The Management Company may itself also performs the Distribution Function.

  • Purchased Services means Services that You or Your Affiliate purchase under an Order Form, as distinguished from those provided pursuant to a free trial.

  • Transaction Account means a cash account established and maintained by Repo Custodian for the Funds to effect repurchase transactions pursuant to the Master Agreement.

  • Inactive Trading Account means a Client's trading account which has not had an open position, pending order, or non-trading operation in 3 months period.

  • Wholesaler means any person, other than a vintner, brewer or bottler of beer or wine, who shall sell, barter, exchange, offer for sale, have in possession with intent to sell, deal or traffic in alcoholic liquor, wine, or beer. A wholesaler shall not sell for consumption upon the premises.