Merchant Services definition

Merchant Services means services provided to merchants relating to the authorization, transaction capture, settlement, chargeback handling and internet-based transaction processing of credit, debit, stored-value and loyalty card and other payment transactions (including provision of point of service devices and other equipment necessary to capture merchant transactions and other ancillary services).

Merchant Services means the goods and services that form part of an Order, as offered by you in any of Merchant’s Sites.

Merchant Services means the collective activities undertaken by Bank, Processor, and CyberSource (including by or through authorized third party service providers) to process and settle U.S. denominated Visa and MasterCard Card transactions initiated by Cardholders at Merchant’s location in the United States and all other activities necessary for Processor, Bank, and CyberSource to perform functions required by this Agreement for all other Cards, if any, that may be covered by this Agreement, but not including gateway services that may be provided by CyberSource pursuant to a separate agreement between CyberSource and Merchant that governs the use of gateway services.

Examples of Merchant Services in a sentence

• If your PayPal account is approved to accept micropayments, then the fees found on the Micropayment Fees table will apply to all transactions for the sale of goods or services processed through your PayPal account, instead of Merchant Services Fees.

• Elavon may, subject to compliance with the Card Scheme Rules, appoint one or more agents or representatives in relation to Merchant Services provided under the Agreement.

• In order to ascertain whether or not you are complying with the Agreement, you authorise Elavon at any time (including prior to providing Merchant Services) to perform an on-site audit of those facets of your business, which in our determination are relevant to Merchant Services, and with such reasonable prior notice as is permitted by the Card Scheme Rules.

• You are obtaining and using Merchant Services for legitimate business purposes only and to facilitate lawful business Transactions between yourself and your customers.

• In the event that you breach this representation and warranty, we may suspend the Merchant Services and/or take any steps as we (or the Card Schemes) deem necessary to remedy the breach.

More Definitions of Merchant Services

Merchant Services shall have the meaning given in the Preamble

Merchant Services means the goods or services provided by the Merchant that may be paid for, used, viewed, consumed, or otherwise obtained by a VIS Cardholder.

Merchant Services means the services which we will provide to you under the Agreement. Mail or telephone order (MOTO) means an order for goods or services received by mail, telephone, facsimile or internet. MPOS (Mobile Point of Sale) means an EFTPOS merchant facility where the card reader device communicates securely to an application held on a Smartphone or Tablet to allow the fulfilment of sales orders. Nominated Account A business account held by you with Bendigo Bank or other financial institution which you have nominated to be debited or credited for the purposes of the Agreement. Notice A notice, request, consent or other communication related to the Agreement.

Merchant Services means services provided by each of BPPR and EVERTEC to Merchants (and, in the case of Government-Merchants, by BPPR with the assistance of EVERTEC under this Agreement) pursuant to the Merchant Program.

Merchant Services means the provision of sales, service and support to Merchants within the member countries of the EU as well as to UK and SEPA (as determined by the European Commission from time to time) by ISX EU, including: (i) the acquiring, switching and processing of Card based transactions and transactions using other payment instruments via electronic funds transfer at point of sale (EFTPOS), mail order/telephone order (MOTO), interactive voice response (IVR), manual vouchers or through the internet; and (ii) any related or ancillary services that ISX EU may make available to its Merchant customers from time to time.

Merchant Services shall have the meaning given to it in the Marketing Agreement.

Merchant Services means the products and services provided by the