Merchant definition

Merchant means a person who is authorized under a written contract with an acquirer to honor or accept credit cards, or to transmit or process for payment credit card payments, for the purchase of goods or services or a charitable contribution.
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.
Merchant means the company that accepts payments via the Account,

Examples of Merchant in a sentence

  • Merchant Shipping (Dangerous Goods and Marine Pollutants) Regulations 1997.

  • Merchant testimony also shows that debit and credit networks are not close substitutes and that merchants cannot realistically drop credit cards.

  • As used herein, “Supplier” or "Contractor" shall be the Supplier(s) entering a Contract with City, whether designated as a Supplier, Contractor, Vendor, Proposer, Bidder, Respondent, Seller, Merchant, Service Provider, or otherwise.

  • Telephone Monitoring/Recording – From time to time we may monitor and/or record telephone calls between you and us to assure the quality of our customer service or aspresented for payment, preauthorized direct debits will be declined and payment You also have a right to obtain a sixty (60) day written history of Card Account transactions required by applicable law.to the Merchant or provider will not be made.

  • The concept regarding management control is often used in various research and literature review indicating that control mechanism is the process of ensuring the resources are utilized effectively and efficiently in order to accomplish the organization’s objectives, which provide a broader perspective (Langfield-smith, 1997; Simons 2000; Merchant & Otley, 2006; Ferreira & Otley, 2009).


More Definitions of Merchant

Merchant means any business that sells goods and/or services and is enabled by a certified Bank to accept Cards as a payment method.
Merchant means any person who owns or manages or operates a Merchant Establishment.
Merchant means any, but not limited to, person / shop / company /establishment / organisation which accepts the “Card”, or the Card number as a method of payment for the goods, benefits, reservations, or services offered by it.
Merchant a retailer who accepts Payment for the sale of goods or services to you;
Merchant means the shipper, consignee, receiver, holder of this Bill of Lading, owner of the cargo or person entitled to the possession of the cargo and the servants and agents of any of these, all of whom shall be jointly and severally liable to the Carrier for the payment of all Charges, and for the performance of the obligations of any of them under this Bill of Lading.
Merchant means any corporate entity, person or other establishment supplying goods and/or services who accepts the Card as a mode of payment or reservation by the Cardholder.
Merchant means any Person who at any time, in relation to the Goods, has been or becomes the shipper, consignor, consignee, exporter, importer, the holder of the Bill of Lading and/or the receiver or the owner of the Goods, any person entitled to possession of the Goods, any Person having a present or future interest in the Goods or any Person acting on behalf of any of the above-mentioned Persons, including a Factor or Lender.