Merchant definition

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.

Merchant means a person who deals in goods of the kind or otherwise by his occupation holds himself out as having knowledge or skill peculiar to the practices or goods involved in the transaction or to whom such knowledge or skill may be attributed by his employment of an agent or broker or other intermediary who by his occupation holds himself out as having such knowledge or skill.

Merchant means a person who is authorized under a written contract with an acquirer to honor or accept credit cards, or to transmit or process for payment credit card payments, for the purchase of goods or services or a charitable contribution.

Examples of Merchant in a sentence

• Lightspeed may immediately terminate this Agreement if Merchant fails to remedy a breach of this Agreement within five business days after receiving notice of the breach from Lightspeed.

• This Agreement, and the fact that Lightspeed is offering, and Merchant is entering into, the Lightspeed Account Transaction, constitute Lightspeed’s confidential information, and Merchant may not use or disclose this information without Lightspeed’s prior written consent.

• Lightspeed will be the sole and exclusive owner of the Lightspeed Receivables sold by Merchant to Lightspeed, and these Lightspeed Receivables and any related proceeds will not be part of Merchant’s estate in the event of bankruptcy or insolvency.

• Merchant acknowledges that Merchant has no right to repurchase the Lightspeed Receivables from Lightspeed.

• If Merchant attempts to submit Charges through multiple Lightspeed Accounts, then Lightspeed may deem Receivables generated through those other Lightspeed Accounts as Lightspeed Receivables subject to the terms of this Agreement.

More Definitions of Merchant

Merchant means the company that accepts payments via the Account,

Merchant means a person that sells goods or services to You and who receives payment through either Direct Services or Mobile Payment Services.

Merchant means any person who owns or manages or operates a Merchant Establishment.

Merchant a retailer who accepts Payment for the sale of goods or services to you;

Merchant means the shipper, consignee, receiver, holder of this Bill of Lading, owner of the cargo or person entitled to the possession of the cargo and the servants and agents of any of these, all of whom shall be jointly and severally liable to the Carrier for the payment of all Charges, and for the performance of the obligations of any of them under this Bill of Lading.

Merchant means any corporate entity, person or other establishment supplying goods and/or services who accepts the Card as a mode of payment or reservation by the Cardholder.

Merchant means any Person who at any time, in relation to the Goods, has been or becomes the shipper, consignor, consignee, exporter, importer, the holder of the Bill of Lading and/or the receiver or the owner of the Goods, any person entitled to possession of the Goods, any Person having a present or future interest in the Goods or any Person acting on behalf of any of the above-mentioned Persons, including a Factor or Lender.