Merchant Customer definition

Merchant Customer means a person who is a customer of the Merchant making Payments to the Merchant for processing by the Merchant’s third party payment processor;
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Merchant Customer means a person or entity that uses Respondent’s shopping cart software and related services in connection with the sale of products and services on a Web site.
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Merchant Customer has the meaning set forth in the Investment Agreement.
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Examples of Merchant Customer in a sentence

  • The Merchant (Customer) shall bear the full responsibility for any violation thereof.

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  • The Bank shall have the right to amend such amounts after the elapse of a period not less than 30 days from the date of notifying the Merchant (Customer) of such amendment through the means deemed appropriate by the Bank.

  • In this case, Commercial Bank of Kuwait has the right to stop dealing, withdrawals and blocking all Merchant (Customer) accounts.

  • In the United States, two sets of competitors have formed mobile payment joint ventures: (1) Isis, a joint venture including most of the major American mobile phone network providers: Verizon Wireless, AT&T, and T-Mobile,22 and (2) Merchant Customer Exchange (“MCX”), a joint venture of many merchants that collectively represent approximately $1 trillion in annual sales.

  • Recently, over 30 of the leading U.S. merchants formed the Merchant Customer Exchange (MCX)20 to create a secure mobile platform with a common set of standards to reduce costs in the payments system, keep merchants’ customer data securely with merchants, and provide their customers with a better shopping experience.

  • Tr. 838:20-839:11, 956:11-17 (A716, 725).Likewise, in 2012, a group of 40 large retailers created a joint venture called the Merchant Customer Exchange (MCX) to develop a mobile payment platform that seeks to lower merchant costs through steering.

  • Paydiant provides the primary wallet infrastructure to the Merchant Customer Exchange (MCX), which is discussed in Section XI-Other Wallet Token Solutions, as well as the platform on which the CU Wallet has been developed.76 Using Paydiant’s system, PayPal will be able to provide a white label wallet approach to issuers and merchants.

  • In case of the Bank’s approval on any of them, the Merchant (Customer) shall be responsible for ensuring that the agent or subcontractor complies with the terms in force in this Contract.

  • The Bank shall have the right to amend such amounts of fees and commissions provided that the Merchant (Customer) is so notified in writing not less than one month prior to the date of such amendment.


More Definitions of Merchant Customer

Merchant Customer means a third party for whom Partner hosts a Store on Partner's own server.
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Merchant Customer means the person or entity named in this Merchant Agreement (including the Merchant (Customer) Application under Appendix 1), and if approved and accepted by the Bank, the Merchant is engaged in the business of providing goods and/or services to its clients and desires to accept credit and/or debit cards bearing the name and logo of VISA, MasterCard or Union Pay International for which the Bank authorizes the Merchant (Customer) to accept as a means of payment for those goods and/or services.
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Related to Merchant Customer

  • Retail customer means any person that purchases retail electric energy for its own consumption at

  • Relevant Customer means any person, firm or company which at any time during the 12 months prior to the Relevant Date was a customer of the Employer or any other Group Company, with whom or which the Executive dealt other than in a de minimis way or for whom or which the Executive was responsible in a supervisory or managerial capacity on behalf of the Employer or any other Group Company at any time during the said period;

  • DMA Customer means a Customer of a Sponsoring Broker where representatives of the Customer that are natural persons are designated by the Sponsoring Broker to have Trading Access to the SEF Platform using the Participant ID of the Sponsoring Broker and where such Customer signs the DMA Customer Documentation.

  • Indigent Customer means the head of an indigent household:-

  • Host Customer means a customer under a Solar Service Agreement.

  • Customer means the State agency or other entity identified in a contract as the party to receive commodities or contractual services pursuant to a contract or that orders commodities or contractual services via purchase order or other contractual instrument from the Contractor under the Contract. The “Customer” may also be the “Buyer” as defined in the PUR 1001 if it meets the definition of both terms.

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

  • End Customer means any party that is licensed to receive the Data either directly or via a Redistributor or group of Redistributors.

  • Network Customer means an entity receiving transmission service pursuant to the terms of the Transmission Provider’s Network Integration Transmission Service under Tariff, Part III. Network External Designated Transmission Service:

  • TCP Customers We will not impose Credit Management Charges unless the Charges are a reimbursement of our costs and you are advised of their amount or method of calculation.

  • End-Use Customer means a person or entity in Delaware that purchases electrical energy at retail prices from a Retail Electricity Supplier.

  • Business Customer means a customer who is not a residential customer.

  • End User Customer means a third party retail Customer that subscribes to a Telecommunications Service provided by either of the Parties or by another Carrier or by two (2) or more Carriers.

  • Significant Customer has the meaning set forth in Section 5.22(a).

  • Small customer means a retail customer that has an individual load with an average monthly demand of less than 5,000 kilowatts.

  • New Customer has the meaning set forth in Section 17.3(b).

  • 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.

  • Supplier means the successful bidder who is awarded the contract to maintain and administer the required and specified service(s) to the State.

  • household customer means a customer purchasing electricity for his own household consumption, excluding commercial or professional activities;

  • Top Customers has the meaning specified in Section 4.28(a).

  • Customer Contract means any written contract or agreement (other than trade contracts) between Seller and any of its customers (or under which Seller has rights) which has been entered into and signed by the parties thereto in connection with the publication of the Directories and corresponding provision of Directory Services.

  • Customer User means an employee of Customer, a Customer Affiliate or Business Partner.

  • Cardholder means a person authorized to use a Card.

  • Existing Customer means an individual who has purchased goods or services from a person, who is the recipient of a voice communication from that person, and who either paid for the goods or services within the 12 months preceding the voice communication or has not paid for the goods and services at the time of the voice communication because of a prior agreement between the person and the individual.

  • financial service supplier means any natural or juridical person of a Party wishing to supply or supplying financial services but the term “financial service supplier” does not include a public entity;