Visa or MasterCard Credit Card definition

Visa or MasterCard Credit Card means a Credit Card bearing the Visa or MasterCard brand.
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Examples of Visa or MasterCard Credit Card in a sentence

  • The same Surcharge must apply to all Visa or MasterCard Credit Card Transactions after accounting for any discounts or rebates offered by the Merchant on Visa or MasterCard Credit Card Transactions at the POI.

  • The Surcharge assessed on a Visa or MasterCard Credit Card Transaction may not exceed the lesser of: (A) The Merchant’s Visa or MasterCard Surcharge Cap, or (B) The Maximum Surcharge Cap, as published by Visa or MasterCard from time to time.

  • A Merchant may choose to Surcharge all face-to-face and/or non–face-to-face Visa or MasterCard Credit Card Transactions.

  • This disclosure must include: (A) The Surcharge percentage that is applied to Visa or MasterCard Credit Card Transactions; (B) A statement that the Surcharge is being imposed by the Merchant; and (C) A statement that the Surcharge is not greater than the applicable Merchant Discount Rate for Visa or MasterCard Credit Card Transactions at the Merchant.

  • The disclosure must include a statement that the Surcharge that the Merchant imposes is not greater than the Merchant’s Merchant Discount Rate for Visa or MasterCard Credit Card Transactions.

  • The same Surcharge must apply to all Visa or MasterCard Credit Card Transactions of the same product type after accounting for any discounts or rebates offered by the Merchant at the POI.

  • Consideration must be given to ensuring any measures do not displace traffic to other boroughs.

  • At any given point in time, the actual Merchant Discount Rate paid in the time period covered by the Merchant’s most recent statement relating to Visa or MasterCard Credit Card Transactions may be deemed a proxy for this amount.

  • The Surcharge assessed on a Visa or MasterCard Credit Card Transaction may not exceed the lesser of: (A) The Merchant’s Visa or MasterCard Credit Surcharge Cap for that product type minus the Debit Card Cost of Acceptance, or (B) The Maximum Surcharge Cap, as published by Visa or MasterCard from time to time.

  • A Merchant may choose to Surcharge all face-to-face and/or non–face-to-face Visa or MasterCard Credit Card Transactions of the same product type.

Related to Visa or MasterCard Credit Card

  • Credit card means any card, plate, coupon book, or other credit device ex- isting for the purpose of obtaining money, property, labor, or services on credit.

  • Credit Card Agreement means each form of credit card agreement between Seller and an Accountholder, including credit card agreements assigned to Seller pursuant to any purchase agreement, governing the use of an Account, together with any amendments, modifications, supplements, notices, disclosures, exhibits, annexes or attachments which now or hereafter may be made to or in connection with such Credit Card Agreement (and any replacement of such agreement).

  • Credit Card Account means the Account of the Cardmember opened with Maybank for the purpose of this Agreement;

  • Credit Card Issuer means any Person (other than a Loan Party) who issues or whose members issue credit cards or debit cards, including, without limitation, MasterCard or VISA bank credit or debit cards or other bank credit or debit cards issued through MasterCard International, Inc., Visa, U.S.A., Inc. or Visa International and American Express, Discover, Diners Club, Xxxxx Xxxxxxx and other non-bank credit or debit cards, including, without limitation, credit or debit cards issued by or through American Express Travel Related Services Company, Inc. or Discover Financial Services, Inc.

  • Private label credit card means any charge card, credit card, or other instrument serving a similar purpose that carries, refers to, or is branded with the name or logo of a vendor and that can only be used for purchases from the vendor.

  • MasterCard means MasterCard International Incorporated.

  • Credit Card Agreements means all agreements now or hereafter entered into by any Borrower or any Guarantor for the benefit of any Borrower, in each case with any Credit Card Issuer or any Credit Card Processor, as the same now exist or may hereafter be amended, modified, supplemented, extended, renewed, restated or replaced, including, but not limited to, the agreements set forth on Schedule 8.16 hereto.

  • Credit Card Guidelines means the respective policies and procedures of the Account Owner, as the case may be, as such policies and procedures may be amended from time to time, (a) relating to the operation of its credit card business, which generally are applicable to its portfolio of revolving credit card accounts and in each case which are consistent with prudent practice, including the policies and procedures for determining the creditworthiness of credit card customers and the extension of credit to credit card customers, and (b) relating to the maintenance of revolving credit card accounts and collection of credit card receivables.

  • Seller credit card means either of the following:

  • Credit Card Notification has the meaning assigned to such term in Section 5.11.

  • Credit Card Processor means any servicing or processing agent or any factor or financial intermediary who facilitates, services, processes or manages the credit authorization, billing transfer and/or payment procedures with respect to any Borrower’s or Guarantor’s sales transactions involving credit card or debit card purchases by customers using credit cards or debit cards issued by any Credit Card Issuer.

  • Credit Card Receivables means each “payment intangible” (as defined in the UCC) together with all income, payments and proceeds thereof, owed by a Credit Card Issuer or Credit Card Processor to a Loan Party resulting from charges by a customer of a Loan Party on credit or debit cards issued by such Credit Card Issuer in connection with the sale of goods by a Loan Party, or services performed by a Loan Party, in each case in the ordinary course of its business.

  • Card Account means the account maintained with the Bank in respect of the Card;

  • Credit/Debit Card means a thin plastic card that contains identification information, with the help of which the cardholder can pay for purchases and services, as well as withdraw cash from the account.

  • Debit Card Transaction means an electronic payment using a Card for the purchase of goods or services (which can include payment for CashBack), by a Cardholder, to a Retailer displaying the Visa logo and/or who is in the Visa Scheme.

  • Cardholder means the individual named on the card to whom the Card is issued by the Bank;

  • Credit Card Notifications has the meaning provided in Section 6.13(a)(i).

  • Card Issuer means the financial institution or company which has provided a Card to a Cardholder.

  • 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.

  • Primary Cardholder means the person who applied for a Card, whose name is on the Account and who a Card is issued to. Purchase means any Transaction other than a Cash Advance.

  • Debit Card means a card, including a Smart Card, issued by the Financial Institution that allows the holder of the card to deposit cash and/or Instruments or withdraw cash from the Account through an ATM, authorize Transactions on the Account through an ATM, and that operates like an Instrument to purchase goods and services from merchants.

  • Card Network means a payment card network, including the network operated by each of Visa, Mastercard, American Express and Discover.

  • Account Owner means a telecommunications company, including SBC-13STATE, that stores and/or administers Line Record Information and/or Group Record Information in a Party’s LIDB and/or Calling Name Database.

  • Cardholder(s) persons authorized to use Association or Network branded cards.

  • Additional Cardholder means the person you have authorised to use a prepaid card connected to your account, who you agree is authorised to undertake transactions on your behalf and who is also subject to these terms and conditions

  • Eligible Credit Card Receivables means at the time of any determination thereof, each Credit Card Receivable that satisfies the following criteria at the time of creation and continues to meet the same at the time of such determination: such Credit Card Receivable (i) has been earned by performance and represents the bona fide amounts due to a Borrower from a credit card payment processor and/or credit card issuer, and in each case originated in the ordinary course of business of such Borrower, and (ii) is not ineligible for inclusion in the calculation of the Borrowing Base pursuant to any of clauses (a) through (k) below. Without limiting the foregoing, to qualify as an Eligible Credit Card Receivable, an Account shall indicate no Person other than a Borrower as payee or remittance party. In determining the amount to be so included, the face amount of an Account shall be reduced by, without duplication, to the extent not reflected in such face amount, (i) the amount of all accrued and actual discounts, claims, credits or credits pending, promotional program allowances, price adjustments, finance charges or other allowances (including any amount that a Borrower may be obligated to rebate to a customer, a credit card payment processor, or credit card issuer pursuant to the terms of any agreement or understanding (written or oral)) and (ii) the aggregate amount of all cash received in respect of such Account but not yet applied by the Loan Parties to reduce the amount of such Credit Card Receivable. Any Credit Card Receivables meeting the foregoing criteria shall be deemed Eligible Credit Card Receivables but only as long as such Credit Card Receivable is not included within any of the following categories, in which case such Credit Card Receivable shall not constitute an Eligible Credit Card Receivable: