Common use of Authorization System Clause in Contracts

Authorization System. The system owned/operated/made available by the Payment Method Providers for facilitating and validating the Authorisation of online transactions on Merchant Sites in accordance with the Payment Process.

Appears in 2 contracts

Sources: Merchant Services Agreement, Master Merchant Services Agreement

Authorization System. The system owned/operated/made available by the Payment Method Providers for facilitating and validating the Authorisation Authorization of online transactions on Merchant Sites in accordance with the Payment Process.

Appears in 1 contract

Sources: Master Merchant Services Agreement