Merchant definition

Merchant means a company, firm or other organisation accepting either all Cards as a means of payment for goods and/or services or at least one type of Card for business to business transactions.

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 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.

Examples of Merchant in a sentence

• In such instances a predefined Transaction limit you establish in your sole discretion can be configured so that charges above this limit are automatically rejected and charges below this limit are automatically accepted without approval of the Merchant Acquiring Bank.

• Subject to the Merchant Acquiring Bank allowing deferred authorizations, the EMV PSP Service is configured to accept Cards when communication with the Merchant Acquiring Bank is unavailable (“Deferred Authorization” mode).

• Subject to the Merchant Acquiring Bank allowing deferred authorizations, the EMV PSP Service is configured to accept Cards when communication with the Merchant Acquiring Bank is unavailable (D“eferred Authorization”mode).

• The Initial Term of an Order will commence upon completion of the Order by the Merchant and the receipt of payment by Akru.

• The Merchant shall not be entitled to assign, novate, sub-contract or otherwise dispose of this Agreement or any part thereof without Xxxx’s prior written consent.

More Definitions of Merchant

Merchant means the company that accepts payments via the Account,

Merchant means a person that sells goods or services to You and who receives payment through either Direct Services or Mobile Payment Services.

Merchant means any person who owns or manages or operates a Merchant Establishment.

Merchant a retailer who accepts Payment for the sale of goods or services to you;

Merchant means any person who owns or manages or operates the Merchant Establishment, its successors and permitted assigns.

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.

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.