Payment Networks definition

Payment Networks means Visa, MasterCard, American Express, Discover Financial Services, and any affiliates thereof or any other payment network applicable to this Agreement.

Payment Networks means Visa, MasterCard, American Express, Discover Financial Services or any other payment network, any industry consortia including any payment networks (e.g., EMVCo), and any affiliates of any of the foregoing.

Payment Networks means, as applicable, Discover® Network (“Discover Network”), MasterCard® International, Inc. (“MasterCard”), Visa® U.S.A., Inc. (“Visa”), American Express Travel Related Services Company, Inc. (“American Express”), the National Automated Clearing House Association (“NACHA”), any Debit Network or any other entity that regulates and manages their respective brands of Cards that are accepted by Merchant.

Examples of Payment Networks in a sentence

• Merchant may offer a discount or in-kind incentive as an inducement for a Customer to use a means of payment that the Merchant prefers, provided that the discount meets all specific considerations, limitations and requirements as defined by the Payment Networks and applicable law.

• Merchants will prominently display Card signage provided by Service Provider in its place(s) of business and the type of signage displayed will be in accordance with the Payment Networks accepted by Merchant and if Merchant participates in full or limited acceptance.

• In the event Merchant uses a Third Party Payment System including, but not limited to, a POS Terminal, POS system, POS software, payment software, payment gateway, virtual terminal, Customer activated terminal or automated fuel dispenser, Merchant is responsible for assuring third party system is PA-DSS certified and complies with the PABP (Payment Application Best Practices) as set forth by the Payment Card Industry Security Standards Council (PCI-SSC) and the Payment Networks.

• If Merchant chooses to impose a surcharge on Card payments, Merchant may do so only after meeting specific considerations, limitations and requirements as defined by the Payment Networks and applicable law.

• Merchant acknowledges that MATCH (formerly known as the Combined Terminated Merchant Files or “CTMF”) is a file maintained by MasterCard and accessed by Payment Networks and Service Providers containing the business names and the identification of principals of Merchant, which have been terminated for one or more reasons specified in the Rules.

• Merchant desires to accept Cards, as indicated on the Application, validly issued by members under license of the Payment Networks.

• Xxxxxxxx must advise Service Provider of its intention to use any third party processors, and Xxxxxxxx agrees that Bank will reimburse Merchant only for Transactions delivered by the third party processor to the Payment Networks.

• Further, this Agreement may be terminated at any time with or without notice and with or without cause by Service Provider, including without limitation if Merchant has excessive Chargebacks and or returns and credit transactions, as determined solely by Service Provider, or if Service Provider is required to terminate this Agreement by the Payment Networks.

• Merchant consents to such reporting to the Payment Networks by Service Provider.

More Definitions of Payment Networks

Payment Networks. Mint's third-party payment service providers, such as acquirers and payment platforms.

Payment Networks means Visa, MasterCard, Discover, and any credit or debit card network issuing Transaction Cards. “Processing Charges” shall mean the authorization, processing, settlement, and other fees or amounts charged by WorldPay and the Bank, or passed through (from the Payment Networks or other third parties) to Customer by WorldPay and the Bank, as set forth in this Agreement.

Payment Networks means the commercially established and recognized payment systems that accept Prepaid Cards for cash access or as a payment device, and include Star Systems, Cirrus, PLUS, NYCE and Interlink, among others.

Payment Networks means collectively the Card Networks and other organization or networks that operates a national or international payment network or any Alt MOP, enabling electronic

Payment Networks means VISA USA, Inc., MasterCard International, Inc., Discover Network, a business unit of Discover Financial Services, STAR, NYCE, PULSE, Maestro, AccelExchange, CU24 and other networks as may be added or eliminated from time to time by PayNearMe at their sole discretion.

Payment Networks means for the purposes of this Agreement Visa U.S.A., Inc., Visa International, Inc., MasterCard International, Inc., and any other credit or debit card issuing company.