Examples of Acquirer Terms in a sentence
The Acquirer Terms, which are Financial Services Terms for purposes of this Agreement, describe the Payment Methods to which they apply, and when they go into effect.
Irrespective of whether Acquirer Terms apply, your acceptance and use of the Payment Method may also be subject to Payment Method Rules or Payment Method Terms (or both), as Section 3.2 of these Stripe Payments Terms describes.
Some of these Payment Method Providers, such as Visa and Mastercard, require you to enter into Acquirer Terms, which will (a) identify the Payment Method Acquirer responsible for Transactions using the Payment Method Acquirer’s Payment Method; and (b) establish a direct contractual relationship and terms between you and the Payment Method Acquirer, as the Acquirer Terms further describe.
You will indemnify Stripe against all assessments, penalties, fines and fees Payment Method Providers, Payment Method Acquirers, and other Financial Partners charge Stripe to the extent arising out of or relating to your use of the Stripe Payments Services in a manner that fails to comply with any Payment Method Rules, Payment Method Terms or Acquirer Terms, or this Agreement.
You must not split payment for a single transaction into multiple Transactions except as the Payment Method Rules, Payment Method Terms and Acquirer Terms expressly permit.
By using the Stripe Payments Services to submit Visa or Mastercard Transactions, you agree to the STEL Acquirer Terms.
By using the Stripe Payments Services to submit Visa or Mastercard Transactions, you agree to the SPUKL Acquirer Terms.
The terms set out in this Part A (Acquirer Terms) are entered into pursuant to such requirements and create a tripartite contractual relationship between the Sponsored Merchant, the Provider and Macquarie.
Also, we may terminate these Acquirer Terms: if you breach, or fail to comply with, any term of this Sponsored Merchant Agreement ; and for convenience, at any time on written notice to you (and, where we do so, we will use reasonable endeavours to give you prior notice, although you acknowledge this will not always be reasonably possible or practicable.) You may terminate these Acquirer Terms by providing us 30 days' prior written notice of such termination.
The Payment Method Acquirers for Visa and Mastercard Transactions are Cross River Bank, Xxxxxxx Xxxxx Bank USA, PNC Bank, N.A. and Xxxxx Fargo Bank, N.A. By using the Stripe Payments Services to submit Visa or Mastercard Transactions, you agree to the Cross River Bank Acquirer Terms, the PNC Bank Acquirer Terms and the Xxxxx Fargo Bank Acquirer Terms.