The Merchant Establishment definition
Examples of The Merchant Establishment in a sentence
The Merchant Establishment agrees to always permit a “Card Member” to (use E-Services and) charge the purchase of goods and services normally sold by the Merchant Establishment until the validation of Merchant Establishment Agreement.
The Merchant Establishment acknowledges that any Valid charge by the “Card Member” creates a direct obligation on E- Merchants Factory to pay it (subject to be the provision of clause 7 hereunder) and the Merchant Establishment agrees not to ▇▇▇▇ the “Card Member” for the amount of such Valid charge.
The Merchant Establishment shall prominently make visible the QR Code to ensure that Customers are aware that payments can be made through QR Code and the correct procedure to make payment through QR.
The Merchant Establishment alone will be responsible for all obligations under the contract including (without limitation) warranties or guarantees.
The Merchant Establishment acknowledges that any Valid charges by the 'cardholder ‘create a direct obligation on Bank Alfalah Limited to pay it (subject to the provision of Clause 7 hereunder) and the Merchant Establishment agrees not to bill the 'Cardholder' for the amount of such Valid Charge.
The Merchant Establishment acknowledges, agrees and undertakes that the Merchant Establishment shall comply with all local and international laws and regulations in relation to this Merchant Establishment Agreement as well as abide by all terms and conditions of the Card Associations (i.e., VISA.
The Merchant Establishment acknowledges that a void transaction shall at any time be reversed or charged back to the Merchant Account by QR, at its sole discretion (the ‘Chargeback’).
The Merchant Establishment agrees that Bank Alfalah Limited shall be entitled to deduct charges from the Customer’s payment at the time of processing collection/receipt of Customer payment.
The Merchant Establishment warrants and undertakes to Bank Alfalah Limited that it will not request Bank Alfalah Limited to take any action, or to perform any obligation, in connection with this Agreement that might cause Bank Alfalah Limited to be involved in any unlawful act on the part of Bank Alfalah Limited.
The Merchant Establishment agrees and acknowledges that where international card has been used at “Merchant Establishment” location or on Merchant Platform, Foreign currency rates will be settled in PKR as per Bank rates applicable at the relevant time.