Payment Processor definition

Payment Processor means any third party service provider (including, if applicable, Lock-Box Banks maintaining Lock-Boxes on behalf of the Seller) administering or processing payments or Collections on behalf of the Servicer or the Seller.
Payment Processor means a person providing payment processing services in connection with a charitable contribution or in connection with another person’s sale of a good or service.

Examples of Payment Processor in a sentence

  • This fee is added to the Customer’s payment amount by the Third Party Payment Processor, collected when the Customer makes payment, and paid to the Third Party Payment Processor.

  • The processing of payments will be subject to the terms, conditions and privacy policies of the Payment Processor in addition to this Agreement.

  • Credit and Debit Card Processing is a service pursuant to which Vanco acts as the Merchant Services Provider and Payment Processor for credit card transactions for its customers.

  • We reserve the right to correct any errors or mistakes that the Payment Processor makes even if it has already requested or received payment.

  • Such Originator hereby directs the Servicer to, or to cause each Payment Processor to, instruct, all Obligors to make payments of all Sold Receivables to one or more Collection Accounts or Lock-Boxes or Payment Processors.


More Definitions of Payment Processor

Payment Processor means any Person providing Payment Processing
Payment Processor means an entity that provides one or more Third-Party Services performing payment processing services in conjunction with the On-demand Services.
Payment Processor. “ means a third-party payment processing service provider designated by UiPath to process all payments and charges for Partner Products published on the Marketplace.
Payment Processor means a third party online payment processor whom Florence Staffing may appoint from time to time to collect, process and remit any payments required in under the Terms as may change from time to time and "Payment Processing" shall be construed accordingly.
Payment Processor means one or more Persons processing automated clearinghouse (ACH) payments between an Obligor and the Servicer.
Payment Processor has the meaning given in Section 5.4.
Payment Processor means a person that contracts directly with a merchant to provide settlement for the merchant’s credit card, debit card, or other payment card transactions.