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 shall have the meaning given in the Preamble
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.

  • The financial indicators of the subsidiary Kalev Merchant Services Ltd have not been consolidated in this interim report, since the balance sheet volume of the subsidiary only makes up less than 0.5% of the parent company’s turnover.

  • Within 24 hours of an account compromise event, notify American Express Merchant Services at (800) 528-5200 in the U.S.II.

  • Credit and Debit Card Processing is a service pursuant to which Vanco acts as the Merchant Services Provider and Payment Processor for credit card transactions for its customers.

  • This Agreement shall constitute the entire agreement between the parties and supersedes all prior oral or written representations, conditions, warranties, understandings, proposals or agreements regarding Merchant Services.

More Definitions of Merchant Services

Merchant Services shall have the meaning given to it in the Marketing Agreement.
Merchant Services. Business Credit Card Sublimit (Section 1): The aggregate Credit Limit shall be reduced by an amount equal to the sum of $20,000.00 (the "Merchant Service Reserve"). Silicon may, in its sole discretion, charge as Loans, any amounts that may become due or owing to Silicon in connection with merchant credit card processing services furnished to Borrower by or through Silicon (the "Credit Card Services"), Borrower shall execute all standard form applications and agreements, including without limitation, the Indemnification and Pledge Agreement of Silicon in connection with the Credit Card Services and, without limiting any of the terms of such applications and agreements, Borrower will pay all standard fees and charges of Silicon in connection with the Credit Card Services and, without limiting any of the terms of such applications and agreements, Borrower will pay all standard fees and charges of Silicon in connection with the Credit Card Services. Maturity Date (Section 4): February 1, 1999 Borrower: Silicon: DOCENT, INC. SILICON VALLEY BANK By: /s/ Xxxxx X. X'Xxxxxx By: /s/ [ILLEGIBLE] ---------------------------------- -------------------------------- President or Vice President Title Vice President -------------------------------- Agreement Regarding Merchant Services/Business VISA Program Client Name: Docent Software, Inc. Service Type: . Merchant Services (through Bank of America) Merchant #: 43013 435 515 __ __ __ __ __
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 the products and services provided by the Merchant to the Customers in the ordinary conduct of its business and for which Customers will pay using the Payment Gateway;
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:
Merchant Services means FTD processing services and other related products and services, as provided by (or similar to the services provided by) Elavon and its subsidiaries and affiliates from time to time.
Merchant Services means the credit card processing services offered or provided by NOVA and Member (or their designees) pursuant to Merchant Agreements.