Eligible Merchants definition

Eligible Merchants. All PCI Compliance Level 3 and 4 merchants (not levied a previous PCI Assessment unless reinstated upon completion of PCI certification) reported for coverage under the policy. Coverage does not extend to Level 1 and 2 merchants unless specifically authorized by Global Payments in writing. PCI Compliance “Per MID” Limit “Per Merchant” Limit “Each Incident” Limit Level 2 * $100,000 $500,000 $500,000 Level 3 $100,000 $500,000 $500,000 ▇▇▇▇▇ ▇ $100,000 $500,000 $500,000

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Eligible Merchants means all Eligible Merchants of Gas and all Eligible Merchants of Auto Parts or Services that are identified below under the “Eligible Merchants” section of these Program Terms. Eligible Merchants of Auto Parts or Services means all Eligible Merchants that are not identified with the term “(Gas)” appearing beside their Merchant Codes under the “Eligible Merchants” section of these Program Terms.

Eligible Merchants means such eligible categories of merchants, service providers, billers who are enabled with the Bank’s

Examples of Eligible Merchants in a sentence

Affirm and Shopify are entering into this Agreement for Affirm to make the Financial Product available to Customers and Eligible Merchants.
By "adversely affects", the parties mean a change to the Merchant Processing Policy that reduces the number of Eligible Merchants by ten percent (10%) or more.
At the sole discretion ofCHASE, CHASE may enter into negotiations with IPAYMENT whereby IPAYMENT may refer Eligible Merchants to CHASE for other CHASE products and services.
Shopify agrees to consult with Affirm on best practices for product placement of the High-AOV Product and to suggest, if applicable, product placement to Eligible Merchants on home page, product page, cart page, and checkout.
This Agreement may be terminated by IPAYMENT and IPAYMENT may request a Program Transfer without invoking SECTION 5.2 (Early Termination Fee) during the Initial Term if SERVICERS make any change the Merchant Processing Policy which is not due or related to a change in the Rules and such change adversely affects IPAYMENT's solicitation of Eligible Merchants for the Program.
We reserve the right to cancel or make changes regarding the Account, TDR Points, or reward benefits of the Program including for Vehicles, Gas, Auto Parts or Services, or Eligible Merchants, with or without notice, if you abuse the Program privileges, do not comply with this Agreement, misrepresent any information provided to us or if you conduct yourself in a manner detrimental to us or the interests of the Program.
We reserve the right to change any of the rules, regulations, terms, conditions, restrictions, benefits, procedures, Eligible Merchants in respect of the Program and the Account, in whole or in part, with or without prior notice.
Shopify will monitor Eligible Merchants and use commercially reasonable efforts to ensure that Eligible Merchants are not engaged in prohibited businesses, as set forth in [***], or such other URL as Affirm may agree (the “Prohibited Business Policy”), which may be updated by Affirm from time to time in consultation with Shopify.
Eligible Merchants shall receive [***] settlements (aggregated to the extent possible) from Affirm and its Affiliates with respect to all Successful Transactions occurring on [***].
Shopify’s role will be limited to developing and maintaining the Platform and SHOP App and providing the Platform/SHOP App to its Eligible Merchants and Customers for Affirm to offer the Financial Product to Customers through the Platform and SHOP App and as otherwise stated in this Article 4.

More Definitions of Eligible Merchants

Eligible Merchants means Merchants that meet the following criteria: (i) must not have an existing WEX Card acceptance relationship with WEX, (ii) must not have more than twenty-five (25) locations, and (iii) must be on the “Buypass” front-end and “North” back-end. iii. “Manual Card Sales” a non-electronic WEX Card sale that is completed through the use of an imprinter to imprint the WEX Card information on a sales slip that is signed by the Cardholder. iv. “WEX Card” shall mean a card issued by WEX which is exclusively provided for commercial purposes. 4. Capitalized terms used but not otherwise defined in this Amendment will have the meanings set forth in the Service Agreement.