payment service providers definition
Examples of payment service providers in a sentence
You must not deposit transactions resulting from any transaction involving a Card between a Cardholder and another entity (with the exception of Payment Service Providers (PSPs), who may deposit transactions resulting from a transaction between a Cardholder and a Sponsored Merchant of the PSP).
Neither we nor our Online Payment Service Providers are responsible for requests for refunds and we are under no obligation to participate in a dispute with a Participating Merchants or an unintended recipient of an Online Payment.
The Merchant shall not contest the ownership of the Payment Service Provider's Brand for any reason whatsoever.
Paynovate may disclose to Payment Service Providers all information relating to Payment Transactions as well as all Confidential Information disclosed to Paynovate by the merchant, as may be requested by such Payment Service Providers or the Buyer.
The merchant will comply and maintain compliance with PCI, the Account Information Security Program, the MasterCard Site Data Protection Program and any other similar programs as set forth by the Payment Service Providers and any changes to such programs and standards that may occur from time to time.