Card Brands definition
Examples of Card Brands in a sentence
Processor may modify the Fees at any time upon notice to Merchant to pass through to Merchant any increase in the Fees charged to Processor by the Card Brands, Bank, or other third parties or as the result of Merchant submitting transactions for goods or services or using methods not set forth on the Merchant Application.
Merchant shall properly display all signs and static advertisement required to be displayed by the applicable Card Brands.
Merchant shall display the Card Brand marks and promotional materials required by the Card Brands or provided by Processor in accordance with the Rules and Policies.
Merchant will not complete a transaction and should attempt to recover a Card by reasonable, peaceful means if: the Card number appears in a card recovery bulletin issued by the Card Brands; Bank or Processor request its retention; or if Merchant receives notification of cancellation, theft, or counterfeiting.
In addition to the Fees, any Fees, fines, penalties, assessments, or other expenses incurred by Processor from Bank, the Card Brands, or any governmental or regulatory body attributable to Merchant or any transaction submitted by Merchant (in Processor’s sole discretion), including but not limited to Fees for administrative costs related to a Card Brand or governmental investigation or inquiry, will be passed through to and paid by Merchant.