Merchant Accounts definition
Examples of Merchant Accounts in a sentence
If the Merchant has registered more than one Merchant Account, the foregoing shall apply to all Merchant Accounts.
We are not responsible if a Payment cannot be made due to incomplete, incorrect, or outdated information provided by you regarding a Merchant, or if you attempt to pay a Merchant that is not on your Merchant Accounts list.
You may become a Celbux Merchant and acquire a Merchant Account(s), at no cost to you and with no obligation to make use of the Service, by completing the online Celbux Merchant Application Process.
If your application is approved, Celbux will set-up and configure your Merchant Account(s) and you will immediately be able to transact using the Service and receive payment from Users for goods and/or services and/or process Withdrawal Transactions requested by Users utilising the Celbux Value Exchange.
As part of the Celbux Merchant Application Process, you are required to provide certain Know Your Client ("KYC") information and upload necessary supporting documentation, to facilitate the opening of your Merchant Account(s).
The Merchant Reserve Accounts for Merchant Accounts in the Merchant Portfolio will be transferred and assigned within 30 Days of completion of a transfer of the BINs and ICAs for the Merchant Portfolio to another a VISA and MasterCard Member pursuant to SECTION 10.2.
This Agreement, together with any amendments to this Agreement that we have agreed to make in writing, is the complete agreement and, subject to Section 3.2 with respect to additional Merchant Accounts that we may create for you, replaces all prior communications, undertakings and agreements, written or oral, related to the subject matter of this Agreement.
You will remain liable for all outstanding obligations under this Agreement related to your Bank-sponsored Merchant Account(s) prior to closure.
This document is issued pursuant to, and in compliance with the requirements of Circular C034 (previously CI144-2014-34 issued on December 12, 2014) regarding the maintenance of Merchant Accounts with Payment Service Providers for the Clearing/ Settlement of Payment Transactions issued by the CySEC on December 18th, 2014.
FDMS acknowledges the proprietary and confidential data of Customer disclosed to FDMS, including without limitation Customer's Merchant master files, the names and information related to Customer's Merchant Accounts, and the names and information related to any independent sales organization or member service providers utilized by Customer (collectively, "Customer's Proprietary Information").