Processing Services definition

Processing Services means those services, which are necessary to issue a Card and process a transaction in accordance with Government Requirements and the Rules of any System and Regulatory Authority. Such services shall include but not be limited to: set-up and maintenance of the Card and Cardholder Funds, transaction authorization, processing, clearing and Settlement, System access, Cardholder dispute resolution, System compliance, regulatory compliance, security and fraud control, and activity reporting.
Processing Services means those services which are necessary to issue and service a Card and process a Transaction in accordance with Applicable Law.
Processing Services means all services provided under this Agreement, as further set forth on Schedule A, attached hereto and hereby incorporated herein.

Examples of Processing Services in a sentence

  • If at any time after the Install Date Merchant stops using Company’s Processing Services, in whole or in part, then, in addition to any other rights and remedies of Company, including any other fees and charges applicable to Merchant, Company shall be permitted to charge an “Inactivity Fee”, which shall be charged per Equipment terminal for each 30 day period that Company’s Processing Services are not used, or are not used on an exclusive basis.

  • As a condition to being permitted to use any Software and/or Equipment in connection with this Agreement, Xxxxxxxx agrees that it shall enter into a Merchant Agreement with Company, which shall require Merchant’s exclusive use of Company’s Processing Services at all times.


More Definitions of Processing Services

Processing Services means the Services.
Processing Services has the meaning given such term in Section 3.1(a).
Processing Services which means: (i) the receipt of Customer Gas and Customer Injected NGLs Tendered by or on behalf of Customer at the Receipt Points; (ii) the transportation, as applicable, of such Customer Gas and Customer NGLs to the Plant via the Plant Facilities; (iii) the processing and/or treatment of such Customer Gas; (iv) the fractionation and/or treatment of NGLs; (v) the redelivery of Residue Gas and NGLs produced from the processing, fractionation and/or treatment, as applicable, of Customer Gas and Customer Injected NGLs and allocable to Customer in accordance with the terms and conditions hereof (such Residue Gas, “Customer Residue Gas”, and such NGLs, “Customer NGLs”) at the relevant Delivery Points (as Nominated by Customer) for Customer’s account, with an equivalent Thermal Content to such Customer Gas and Customer Injected NGLs, less System Fuel and Losses allocated to Customer in accordance with this Agreement; (vi) the metering of such Customer Gas and Customer Injected NGLs at the Receipt Points; and (vii) the metering of such Customer Residue Gas and Customer NGLs at the Delivery Points (other than the Loading Points);
Processing Services means all or part of the services offered to the Shipper by Nyhamna Joint Venture in the Transportation System.
Processing Services means the equipment, operational support and/or software relating to the acceptance, transmittal, processing, storage and collection of check transactions and/or electronic payments (Electronic Funds Transfer – EFT). Creation of electronic files (ACH or Check21) whereby financial institutions can move funds from one account to another.  “Receiver” - shall have the same meaning as that provided in the NACHA policies and guidelines.
Processing Services means any and all services necessary or convenient for operation of the Program, including the issuance of cards or the processing of transactions or settlements in accordance with applicable Payment Network Rules and Applicable Law. Such services shall include: set-up and maintenance of cardholder accounts, transaction authorization, processing, clearing and settlement, Payment Network access, cardholder dispute resolution, Payment Network compliance, regulatory compliance, security and fraud control, customer service, collections and activity reporting.
Processing Services has the meaning specified in the Master Operating Agreement.