VISA Merchant definition

VISA Merchant means any person or entity with whom the Bank or any member or licensee of VISA has a subsisting agreement relating to the use and or acceptance of a VISA Card for the payment to such person or entity whether for goods, services or charges incurred and/or to obtain Cash Advances from such person or entity.
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VISA Merchant means a retailer or other organisation, which has an agreement with a Visa Bank to accept Visa cards.
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Examples of VISA Merchant in a sentence

  • If Merchant exceeds the thresholds for fraudulent transactions or chargebacks as established from time to time by MasterCard or VISA, Merchant will be subject to the appropriate MasterCard or VISA charges levied for non-compliance.

  • Potential contract with VISA Merchant Service provider (negotiations pending).

Related to VISA Merchant

  • Merchant means a company, firm or other organisation accepting either all Cards as a means of payment for goods and/or services or at least one type of Card for business to business transactions.

  • Consumer customer means anyone acting outside their trade or profession in respect of the insurance cover requested or arranged.

  • MasterCard means MasterCard International Incorporated.

  • Visa means VISA International Service Association.

  • Merchant Services means services provided to merchants relating to the authorization, transaction capture, settlement, chargeback handling and internet-based transaction processing of credit, debit, stored-value and loyalty card and other payment transactions (including provision of point of service devices and other equipment necessary to capture merchant transactions and other ancillary services).