Merchant Processor definition

Merchant Processor means a merchant processor with which Company has entered into a credit card authorization agreement and that is acceptable to Bank.

Merchant Processor. “Data Storage Entity”, “Payment Service Provider”, “Internet Payment Service Provider”, or “Payment Facilitator” who acts for or on behalf of Merchant within the meaning of the Operating Rules, and any other person or entity who will store, transmit, process, or otherwise have access to, any Cardholder or card transaction data in connection with Merchant’s performance of Merchant’s obligations under this Agreement.

Merchant Processor means OSU’s payment card processing servicer, which is Banc of America Merchant Services, LLC as of the date hereof; and

Examples of Merchant Processor in a sentence

• Any dispute with respect to this CEA between Merchant, Processor and/or Member, including a dispute as to the validity or existence of this CEA and/or this clause, shall be resolved by arbitration in London, England, conducted in English by a single arbitrator in accordance with the ICC Rules.

• This CEA is effective upon the date Merchant accepts the terms and conditions set out herein and continues so long as Merchant uses the PayPal Service (“Services”) or until terminated by Merchant, Processor or Member, provided that those terms which by their nature are intended to survive termination (including without limitation, indemnification and chargeback obligations and limitations of liability) shall so survive termination.

• No agency, partnership, joint venture or employment relationship is created between Merchant, Processor and/or Member by way of this CEA.

• Notwithstanding any other provision in this Agreement, if any portion of these Limitations on Arbitration is found invalid or unenforceable, then the entire Arbitration Agreement (other than this sentence) will not apply, except that Merchant, Processor, and American Express do not waive the right to appeal that decision.

• An arbitration award and any judgment confirming it will apply only to the specific case brought by Merchant, Processor or American Express and cannot be used in any other case except to enforce the award as between Merchant, Processor and American Express.

More Definitions of Merchant Processor

Merchant Processor means OSU’s credit card processing servicer;

Merchant Processor. An entity acceptable to Xxxxxx, that agrees, pursuant to a Merchant Processing Agreement or otherwise, to process the credit card, debit cards, or other sales of Borrowers and direct the Credit Card Sales Percentage or other proceeds of such sales to Lender pursuant to a tri-party agreement acceptable to Lender.

Merchant Processor means UT’s credit card processing servicer; and

Merchant Processor means a merchant processor with which Third-Party Sender has entered into a credit card authorization agreement and that is acceptable to Bank.

Merchant Processor means Universal Processing Services of Wisconsin LLC d/b/a Newtek Merchant Solutions (“NMS”) or any replacement thereof if replaced under the provisions set forth pursuant to the terms of Section 2.4 hereof.

Merchant Processor means a transaction router or other party acting as the processor to which the Merchant sends the card transactions acquired by it.

Merchant Processor means USB or, if the USB Contract is terminated or USB ceases to be a member of MasterCard and/or Visa, the Replacement Merchant Processor appointed with the approval of the Controlling Beneficiary.