Merchant on-boarding definition

Merchant on-boarding means process by which Banks/MFBs can open the accounts of merchants to accept payments via digital means.
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Merchant on-boarding means process by which Acquiring institutions open the accounts of merchants thus enabling them to accept payments via digital means
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Examples of Merchant on-boarding in a sentence

  • Both parties expressly consent to the use of the trade name, logo or other identifying mark when advertising the Merchant onboarding with MIPS.

  • Lightspeed shall provide Merchant onboarding support and troubleshooting services to resolve issues with Lightspeed Payments Services and Merchant’s account.

  • Except where you are being identified as part of a Merchant on-boarding process as either a person of significant control or an ultimate beneficial owner, the ISXservices is usually free of charge to payment account holders, and you will be told prior to provision of any services, if you are being asked to make a payment to use the ISX services.

  • The Parties will collaborate to ensure a seamless end user merchant experience for the Shopify Payments Merchant onboarding process, including, for example, data sharing between the Parties, and coordination of any requisite merchant consent to share such data, subject to the Applicable Law.

  • Except where you are being identified as part of a Merchant on-boarding process as either a person of significant control or an ultimate beneficial owner, the iSignthis services is usually free of charge to payment account holders, and you will be told prior to provision of any services, if you are being asked to make a payment to use the iSignthis services.