Common Contracts

Schedule 1 – Glossary

June 29th, 2022

• Filed
  June 29th, 2022

Acquirers means the Relevant Acquirer and (where the context shall permit or require) DNAP in its capacity as a provider of the DNAP Acquiring Services; Acquiring Services means the services provided by the applicable Acquirer to enable the Merchant to accept Transactions, in accordance with the Payment Scheme Rules, made by any applicable Payment Method; Agreement means the agreement between DNAP (entering it on its own behalf and on behalf of the Relevant Acquirers pursuant to clause 1.1 of Schedule 3),the Merchant, and the Relevant Acquirer, incorporating the Merchant Application Form and the Merchant Conditions, in respect of the provision of the Services; Airtime Service means the service referred to in clause 2.1 of Schedule 4; API means the Merchant Application Form Programming Interface (being a set of routines, protocols, and tools) developed by DNAP to provide some or all of the Services to the Merchant via a secure internet connection between the Merchant’s system and DNAP’s