Authorized Merchant definition

Authorized Merchant. Means any retailer or other person, firm or corporation, its employees, servants or agents which agrees to accept or cause its offices, outlets, shops, stores, business premises and locations to accept the Card when properly presented for payment by the Cardmember.
Authorized Merchant means a merchant that has been authorized by us to accept FlashCash as a payment method for purchases of goods and services. This includes, for example, buying something online using your mobile phone through an authorized merchant’s website or mobile app and selecting FlashCash as your payment method at checkout. Payments sent via the FlashCash app or the FlashCash website to another FlashCash user do not qualify as payments to an authorized merchant. Similarly, if you are charged via the FlashCash app or the FlashCash website and accept the charge, this is not a payment to an authorized merchant. Some merchants may require you to have a payment method linked to your FlashCash account in order to use FlashCash for purchases with the merchant. In order to manage risk, we may limit the payment methods available for a transaction when you buy something from an authorized merchant. When you authorize a payment to an authorized merchant, some merchants may take up to 30 days to complete the transaction. In these instances, your payment may appear as a pending transaction in your FlashCash account. In that case, your authorization of the payment will remain valid until the merchant completes the transaction and we may place a temporary hold on the money in your FlashCash account for the payment amount (but no longer than 30 days). If you use your FlashCash account to pay for an item, remember that your FlashCash account is issued to you by Flash Cash LLC and not your bank. The terms, benefits, and protections associated with your FlashCash account may vary from those that apply to your bank account. If you use your FlashCash account to make a purchase that exceeds the balance in your linked bank account, you could incur overdraft fees, even if you chose not to allow overdrafts with your bank. Similarly, the liability limits applicable to your FlashCash account may differ from those applicable to your bank account. Fees and limits We may, at our discretion, impose limits on the amount or the number of payments you can send, including money you send for authorized merchant purchases. Fees and limits may change from time to time in our sole discretion. Payment review When we identify a potentially high-risk payment to an authorized merchant, we review the transaction more closely before allowing it to proceed. When this happens, we will place a hold on the transaction and notify the merchant to delay shipping of the item. As a buyer, this may delay your receipt of...
Authorized Merchant a retailer or any other person that accepts UnionPay. “Business DayMonday to Friday, 0900hrs to 1800hrs GMT+8, excluding Bank and Public Holidays in the Philippines.

Examples of Authorized Merchant in a sentence

  • If an Authorized Merchant chooses to override these limits, the Authorized Merchant accepts full responsibility for any and all consequences of that decision.

  • These limits are subject to change and the Authorized Merchant may be allowed to override these limits in their sole discretion and in compliance with any applicable laws.


More Definitions of Authorized Merchant

Authorized Merchant means any retail or other person, firm or corporation which pursuant to a merchant agreement agrees to accept or cause its outlets to accept the Prepaid Card when properly presented;
Authorized Merchant means an authorized and approved merchant who has executed an Xxxxx IQ Merchant Services Agreement.

Related to Authorized Merchant

  • Authorized User means one named employee, contractor or agent of Customer (each identified by a unique email address) for whom Customer has purchased a subscription to the Subscription Services and who is authorized by Customer to access and use the Services under the rights granted to Customer pursuant to this Agreement.

  • Authorized Users(s) means an individual or individuals with a business need to access DSHS Confidential Information, and who has or have been authorized to do so.

  • Authorized Bank Account means any Officially Designated bank account to which redemption proceeds may be sent.

  • Authorized insurer means, in the case of an interstate motor carrier whose operations may or may

  • Authorized Recipient means (1) the Shareholder of Record, or (2) any other Officially Designated person to whom redemption proceeds may be sent.