Payment Processing means providing a Person, directly or indirectly, with the means used to charge or debit accounts through the use of any payment mechanism, including, but not limited to, Remotely Created Payment Orders, Remotely Created Checks, ACH Debits, or debit, credit, prepaid, or stored value cards. Whether accomplished through the use of software or otherwise, Payment Processing includes, among other things: (a) reviewing and approving merchant applications for payment processing services; (b) providing the means to transmit sales transaction data from merchants to acquiring banks or other financial institutions; (c) clearing, settling, or distributing proceeds of sales transactions from acquiring banks or financial institutions to merchants; or (d) processing Chargebacks or returned Remotely Created Payment Orders, Remotely Created Checks, or ACH Debits.

Payment Processing means transmitting sales transaction data on behalf of a Merchant or providing a Person, directly or indirectly, with the means used to charge or debit accounts through the use of any payment method or mechanism, including, but not limited to, credit cards, debit cards, prepaid cards, stored value cards, ACH debits, remotely created payment orders, and remotely created checks. Whether accomplished through the use of software or otherwise, Payment Processing includes, among other things: (a) reviewing and approving Merchant applications for Payment Processing services; (b) transmitting sales transaction data or providing the means to transmit sales transaction data from Merchants to Acquirers or other Financial Institutions; (c) clearing, settling, or distributing proceeds of sales transactions from Acquirers or Financial Institutions to Merchants; or (d) processing chargebacks or returned remotely created payments orders or ACH debits.

Payment Processing means providing a person with the means to charge or to debit an account through a payment mechanism, including a Remotely Created Payment Order, an ACH Debit, or a debit, credit, prepaid, or stored value card. Payment processing includes reviewing and approving a merchant application for payment processing services; providing the means to transmit sales transaction data from a merchant to an acquiring bank or to another financial institution; clearing, settling, or distributing a proceed of a transaction from an acquiring bank or from a financial institution to a merchant; or processing a chargeback or returned Remotely Created Payment Order or ACH Debit.

Examples of Payment Processing in a sentence

You may:Call us at:206-439-5700 orToll-free at 800-233-2328BECU phone business hours:Monday-Friday, 7 a.m.-7 p.m. Pacific Time Saturday, 9 a.m.-1 p.m. Pacific TimeWrite us at:BECU—Deposit and Payment Processing Mail Stop 1085-2P.O. Box 97050Seattle, WA 98124-9750A fee as set forth in the Consumer Account Disclosure will be assessed and charged to your Account for each stop-payment request you make.
A Named User License for Tax, Benefits, and Payment Processing for Public Sector is not needed for external users representing the contact (e.
I would then fill in the First Payment Processing Date, Frequency and Payment Type.
The First Payment Processing Date is the date the funds will be withdrawn from my account.● I may choose any day between the 1st and the 28th for my First Payment Processing Date.
SAP Tax, Benefits, and Payment processing for Public sector includes any user necessary for SAP Gateway access.A Named User License for Tax, Benefits, and Payment Processing for Public Sector is not needed for external users representing the contact (e.

More Definitions of Payment Processing

Payment Processing means facilitating payments on Debts owed or due or asserted to be owed or due another, or Debts purchased from another.

Payment Processing means transmitting sales transaction data on behalf

Payment Processing. All payments received by CAPCO will be applied to CLIENT’s Outstanding Balance daily following a 3 (Three) business day hold to allow for the application of collected funds.

Payment Processing. All payments received by CAPCO will be applied to CLIENT’s Outstanding Balance daily following a 3 (Three) business day hold to allow for the application of collected funds. Funds received via wire transfer will be applied the day after receipt. In the event CLIENT has fully paid all amounts due CAPCO under this agreement including but not limited to fees, expenses and advances, CAPCO agrees to promptly remit any funds collected in excess of the amounts due to CAPCO to CLIENT at CLIENT’s request. At CLIENTS request (and subject to payment of all amounts fees due to CAPCO) CAPCO agrees to promptly terminate the agreement and re convey all right title and interest in the Accounts to CLIENT. In the event CLIENT notifies CAPCO of its intention to terminate the agreement and CAPCO has been fully paid all amounts due CAPCO, said notice of termination shall not be considered an event of default.

Payment Processing means the process for funding Sub-merchant’s customer’s sales transactions, as more fully described in Attachment A.

Payment Processing means providing a Person, directly or indirectly, with