Merchant Identification definition
Merchant Identification verification of your identity, your entity and/or your beneficial owners under the procedure laid down in the Merchant Portal.
Merchant Identification. (MID) means the unique identifier for a Global Merchant Facility.
Merchant Identification. (MID) means the unique identifier for a Westpac Merchant Facility.
Examples of Merchant Identification in a sentence
These four-digit codes are assigned by the payment card organizations (Visa, MasterCard, Discover and American Express as well as any other card network as required by the Authorized User.) Merchant Identification Number (MID) – a unique Merchant ID Number (MID) that identifies an Authorized User (merchant) to the processor and the banking institution which authorizes transactions, and subsequently deposits the funds.