Merchant Pricing definition
Examples of Merchant Pricing in a sentence
If Merchant provides incorrect pricing information for the Product Listing (a “Seller Pricing Error”), PVM (online or in person) may, at Merchant expense, take any reasonable action necessary to avoid or repair harm to PVM (online or in person) due to the Seller Pricing Error, including requiring Merchant to honor all Product purchases at the erroneous price and compensating Customers for any inconvenience caused by a Merchant Pricing Error.
Merchant shall pay Bank all fees specified on the attached fee schedule(s) or Merchant Pricing Offer Letter as may be amended by Bank from time to time.
If necessary, Merchant shall reimburse PVM (online / in person) for all losses, expenses, or liabilities PVM incurs as a result of a Merchant Pricing Error.
Company or Acquirer shall have the right to change Merchant Pricing at its sole discretion, from time to time, without prior notice to Agent.
Cardservice or Acquirer shall have the right to change Merchant Pricing at its sole discretion, from time to time, without prior notice to Agent.
If Merchant’s Visa, MasterCard and Discover Network Transaction(s) fail to qualify for the interchange level contemplated in the rates set forth, Merchant will be billed for the difference between the qualifying interchange rate and the higher applicable interchange rate, plus an additional interchange surcharge outlined in the attached fee schedule(s) or Merchant Pricing Offer Letter.