Payment Solution definition

Payment Solution means Licensee’s business of providing a hosted online payment solutions exclusively that enables transactions between businesses and consumers, employing CardVoii Solution(s) using any of Licensee’s backend platform
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Payment Solution means the processing of payments sought to be made by the Customers by way of Valid Card or other permitted mode, through Equipment that will be provide by Worldline to enable the Authentication of Customers and Authorization of payments on Valid Cards/ Payment Instrument in accordance with Payment Mechanism.
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Payment Solution indicates the technical and material means made available by the Platform to Users in order to process and authorise their payment orders (by Card or by any other Payment Method) to Account Holders.
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Examples of Payment Solution in a sentence

  • MPP will provide an integrated Payment Solution (as defined below) for the Customer’s applications and the Parties have agreed that MPP shall host and support the Payment Solution and provide End-User Support, as further described in this Agreement (together, the “Services”).


More Definitions of Payment Solution

Payment Solution means the Customer-branded payments and packaging solution including eHQ, eManager, MPP Website, user pages and APIs provided by MPP pursuant to this Agreement which will facilitate payments by End-Users and which will allow sales of Customer’s Products. [#MPP – we discussed adding a reference to “Customer Rights Management Tools” to this definition but wonder whether this is already covered by “eHQ”. What are your thoughts?]
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Related to Payment Solution

  • payment system means a funds transfer system with formal and standardised arrangements and common rules for the processing, clearing and/or settlement of payment transactions;

  • Payment Plan means the schedule of payment prescribed in Schedule C;

  • Payment Notice has the meaning assigned to it in Section 8.06(c).

  • Payment Amount as defined in Section 3.5.

  • payment service provider means a person whose business includes the provision of transfer of funds services;

  • Settlement Payment means the transfer, or contractual undertaking (including by automated clearing house transaction) to effect a transfer, of cash or other property to effect a Settlement.

  • Payment Recipient has the meaning assigned to it in Section 11.12(a).

  • Payment means any payment or distribution in the nature of compensation (within the meaning of Section 280G(b)(2) of the Code) to or for the benefit of the Executive, whether paid or payable pursuant to this Agreement or otherwise.