Card Acquirer definition

Card Acquirer means a third-party entity, including but not limited to a bank or financial institution that receives and processes the Customer’s Electronic Card payment information and remit payment funds on behalf of Omise or Customer.

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Card Acquirer means a bank or financial institution that processes credit and or debit card payments for products or services for a Merchant;

Card Acquirer means a credit card business institution that engages in

Examples of Card Acquirer in a sentence

• Additional Card transactions will be settled directly between the Company and the corresponding Additional Card Network or Third-Party Additional Card Acquirer according to their Additional Card Network Agreements.

• The Company will comply with all applicable rules, requirements and standards of each of the Additional Card Networks and Third-Party Additional Card Acquirer (together, the Additional Card Network Rules).

• Fiserv will submit settlement files or data for Additional Card transactions to the appropriate Additional Card Networks or Third-Party Additional Card Acquirer on behalf of the Company.

• The agreement between the Merchant and its Card Acquirer which sets out the Card Acquirers service charges and specific terms and conditions relating to assigning the Merchant a merchant account.

• Payment transactions for Additional Cards are subject to separate agreements (Additional Card Network Agreements) between the Company and (i) relevant the Additional Card Networks, or (ii) applicable Third-Party Additional Card Acquirer.

• The Merchant's Card Acquirer will then be able to settle the payment values directly into the Merchant's bank account.

• Payment transactions for Additional Cards are subject to separate agreements (Additional Card Network Agreements) between the Company and (i) the Additional Card Networks, or (ii) third-parties duly authorised to provide acquiring services for Additional Cards, as selected in the Application, which may include but is not limited to QFPAY Singapore Pte Ltd and/or others as agreed by the Parties in writing (Third-Party Additional Card Acquirer).

• Payment transactions for Additional Cards are subject to separate agreements (Additional Card Network Agreements) between the Company and (i) the Additional Card Networks, or (ii) third-parties duly authorised to provide acquiring services for Additional Cards, as selected in the Application, and/or others as agreed by the Parties in writing (Third-Party Additional Card Acquirer).

• Third-Party Additional Card Acquirer being a third-party selected in the Application (or applicable legal entity thereof) or others as agreed by the parties, duly authorised to provide acquiring services for certain Additional Cards.

• Payment transactions for Additional Cards are subject to separate agreements (Additional Card Network Agreements) between the Company and (i) the relevant Additional Card Networks, or (ii) applicable Third-Party Additional Card Acquirer.

More Definitions of Card Acquirer

Card Acquirer means the Bank as engaged in the Merchant Acquiring Business which may include the acquisition and processing of transactions and data from the Merchant.

Card Acquirer means a clearing system participant and a member of a card scheme that enters into a contractual relationship with a merchant and the card issuer, for the purpose of accepting and processing card transactions.

Card Acquirer means a financial institution that has entered into an agreement with card merchants for the merchants to carry out transactions with you.