Acquiring Device definition

Acquiring Device means any device with communication function, which is installed by the Merchant for acceptance or processing of payments under this Agreement.
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Acquiring Device means the device with communication function, which installed by Merchant and can be used to scanning or to displaying QR Code or Barcode, it can be used to interacting with financial transaction information and the exchange information according to the payment order, including online payment and offline payment.
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Acquiring Device means any device with communication function, which is installed by the Merchant for 3.2. The Merchant shall not collect any additional fees or charges other than those permitted at law from any
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Examples of Acquiring Device in a sentence

  • Merchant cannot transfer the Acquiring Device arbitrarily or move it to the other place of business or exchange between different cashier, otherwise, all losses incurred to Third Party Payment Providers’ Users and the Company shall be borne by Merchant.

  • The Company shall request the Merchant to paste, display, hang and maintain “Third Party Payment Services" accepted identifying material in a prominent position of the Acquiring Device and place.

  • Rights and obligations of Merchant Merchant is responsible for the procurement, installation of Acquiring Device, to bear the resulting equipment cost and communication cost, and ensure the safety of Acquiring Device system.

  • Merchant shall use the Acquiring Device and the acquiring bank settlement account in accordance with this Agreement and shall not use the accepting terminal engaged in or assist others for any commercial fraud or other illegal activities.

  • Without ePayments’ written consent, Merchant shall not to transfer, rent, lend, mortgage, pledge, lien or in any other way to dispose of the Acquiring Device.

  • Merchant shall use the Acquiring Device within the scope of the Agreement.

  • To make it convenient for Third Party Payment Providers Users to use the Third-Party Payment Providers Services, requirements of acquiring equipment installation include: Acquiring Device position should be stable, safe and easy to operate; Acquiring Device should avoid direct sunlight, high temperature, be damp or near a strong magnetic field; Power supply, communication lines should be consistent with the Acquiring Device application; Other conditions required for normal use of acquiring equipment.

  • Merchant shall not transfer the Acquiring Device arbitrarily or move it to the other place of business or exchange between different cashier, otherwise, Merchant shall take responsibility on any directly economic losses incurred to Customers and BBPOS.

  • Merchant shall not transfer the Acquiring Device arbitrarily or move it to the other place of business or exchange between different cashier, otherwise, Merchant shall take responsibility on any directly economic losses incurred to Customers and BBMSL.

  • Without BBMSL's written consent, Merchant shall not to transfer, rental, lend, mortgage, pledge, lien or in any other way to dispose of the Acquiring Device.