Card Processor definition

Card Processor means a third-party payment network card (e.g., Global Processing Services) processor.
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Card Processor means any Person engaged from time to time by Bank to (i) produce, emboss and deliver Cards, (ii) assemble enrollment kits, (iii) effect and process Cardholders’ transactions on the Cards, and (iv) perform any other Processing Services on behalf of Bank with respect to a Card Program.
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Card Processor means the institution which processes card transactions on our behalf.
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Examples of Card Processor in a sentence

  • No credit, discount, allowance or extension or agreement for any of the foregoing shall be granted to any account debtor, Credit Card Issuer or Credit Card Processor except in the ordinary course of a Borrower’s business in accordance with the current practices of such Borrower as in effect on the date hereof.

  • So long as no Event of Default exists or has occurred and is continuing, no Borrower shall settle, adjust or compromise any claim, offset, counterclaim or dispute with any account debtor, Credit Card Issuer, Credit Card Processor.

  • Purchaser shall have no obligation to refund or return the Amount Sold or any portion thereof to Merchant in the event that the Approved Card Processor or any other Receipts Custodian initiates a refund, credit, reversal, or chargeback of a transaction subject to this Agreement, as such adjustments typically are netted against future card volume.

  • AFEX may change the Prepaid Card Processor at any time with written notice to Client.

  • Merchant acknowledges that the Approved Card Processor will be acting on behalf of Purchaser to collect the Specified Percentage of Future Receipts.

  • If Purchaser permits Merchant to use a different payment card processor, the new processor shall become the Approved Card Processor.

  • Each Borrower shall deliver to Agent copies of Credit Card Processor Notifications which have been executed on behalf of such Borrower and delivered to such Borrower’s Credit Card Issuers and Credit Card Processors.

  • The Prepaid Card Processor may provide Client with access to an Internet or cloud based system to manage the Prepaid Card (“Prepaid Card System”).

  • The Prepaid Card Processor is responsible for processing all transactions initiated with the Prepaid Card.

  • Merchant shall instruct such Approved Card Processor to remit each week to Purchaser the Specified Percentage of the Future Receipts for that week, and to remit the balance (less any fees charged by the Approved Card Processor) to Merchant.


More Definitions of Card Processor

Card Processor means a third-party payment network card (e.g., GPS processor.
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Card Processor means an outsourced service provider appointed by a Card Programme Manager who provided IT services (in particular, Payment Authorisation Services) in relation to a Card Programme;
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Card Processor means U.S. Bank National Association in its capacity as "Bank" under the Card Processing Agreement.
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Card Processor means the third party acquirer or other service provider that pays you the Settlement Amounts.
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Card Processor means an outsource service provider appointed by a Card Programme Manager and formally approved by the Firm to predominantly provide IT services (including Payment Authorisation Services) in relation to a Card Programme;
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Card Processor means the company or other applicable association used by the Client for the processing of credit card payments.
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Related to Card Processor

  • Credit Card Processor means any servicing or processing agent or any factor or financial intermediary who facilitates, services, processes or manages the credit authorization, billing transfer and/or payment procedures with respect to any Borrower’s sales transactions involving credit card or debit card purchases by customers using credit cards or debit cards issued by any Credit Card Issuer.

  • Sub-processor means a third party engaged by the Processor for carrying out processing activities in respect of the Personal Data on behalf of the Processor; and

  • Contracted Processor means a Subprocessor;

  • Data Processor shall have the same meaning as set out in the Data Protection Act 1998;

  • Processor means a natural or legal person, public authority, agency or other body which processes personal data on behalf of the controller;

  • Customs Broker/Carrier Agreement means an agreement in form and substance satisfactory to the Agent among a Loan Party, a customs broker, freight forwarder, consolidator, or carrier, and the Agent, in which the customs broker, freight forwarder, consolidator, or carrier acknowledges that it has control over and holds the documents evidencing ownership of the subject Inventory for the benefit of the Agent and agrees, upon notice from the Agent, to hold and dispose of the subject Inventory solely as directed by the Agent.

  • Lockbox Processor means Regulus Group II LLC, or its successors or assigns.

  • Card Issuer means the financial institution or company which has provided a Card to a Cardholder.

  • Credit Card Agreement means, with respect to a revolving credit card account, the agreements between an Account Owner and the Obligor governing the terms and conditions of such account, as such agreements may be amended, modified or otherwise changed from time to time and as distributed (including any amendments and revisions thereto) to holders of such account.

  • the sub-processor means any processor engaged by the data importer or by any other sub-processor of the data importer who agrees to receive from the data importer or from any other sub-processor of the data importer personal data exclusively intended for processing activities to be carried out on behalf of the data exporter after the transfer in accordance with his instructions, the terms of the Clauses and the terms of the written subcontract;

  • Credit Card Issuer means any Person (other than a Loan Party) who issues or whose members issue credit cards or debit cards, including, without limitation, MasterCard or VISA bank credit or debit cards or other bank credit or debit cards issued through MasterCard International, Inc., Visa, U.S.A., Inc. or Visa International and American Express, Discover, Diners Club, Xxxxx Xxxxxxx and other non-bank credit or debit cards, including, without limitation, credit or debit cards issued by or through American Express Travel Related Services Company, Inc. or Discover Financial Services, Inc.

  • Retailer means every person engaged in the business of making sales at retail, or for distribution,

  • Merchant means a person who deals in goods of the kind or otherwise by his occupation holds himself out as having knowledge or skill peculiar to the practices or goods involved in the transaction or to whom such knowledge or skill may be attributed by his employment of an agent or broker or other intermediary who by his occupation holds himself out as having such knowledge or skill.

  • Credit Card Notification has the meaning assigned to such term in Section 5.11.

  • Marijuana processor means a person who processes marijuana items in this state.

  • END USER CUSTOMER LOCATION means the physical location of the premises where an End User makes use of the telecommunications services.

  • Card Network means a payment card network, including the network operated by each of Visa, Mastercard, American Express and Discover.

  • Credit Card Agreements means all agreements now or hereafter entered into by any Borrower or for the benefit of any Borrower, in each case with any Credit Card Issuer or any Credit Card Processor with respect to sales transactions involving credit card or debit card purchases, including, but not limited to, the agreements set forth on Schedule 5.21(b) hereto.

  • Card means the Visa credit card and any duplicates, renewals, or substitutions the Credit Union issues to you; "account" means your Visa credit card line-of-credit account with the Credit Union; and "Credit Union" means the Credit Union whose name appears on this Agreement or anyone to whom the Credit Union transfers this Agreement.

  • Credit card means any card, plate, coupon book, or other credit device ex- isting for the purpose of obtaining money, property, labor, or services on credit.

  • Credit/Debit Card means a thin plastic card that contains identification information, with the help of which the cardholder can pay for purchases and services, as well as withdraw cash from the account.

  • Debit Card means a card issued by the Financial Institution that allows the holder of the card to deposit cash and/or Instruments or withdraw cash from the Account through an ATM, authorize Transactions on the Account through an ATM, and that operates like an Instrument to purchase goods and services from merchants.

  • Reseller Agreement means the separate agreement between Customer and Reseller regarding the Services. The Reseller Agreement is independent of and outside the scope of This Agreement.

  • Private label credit card means any charge card, credit card, or other instrument serving a similar purpose that carries, refers to, or is branded with the name or logo of a vendor and that can only be used for purchases from the vendor.

  • Wireless services provider means a person who provides wireless services.

  • wholesale customer means a natural or legal person purchasing electricity for the purpose of resale inside or outside the system where he is established;