National Switch definition

National Switch means a set-up providing interoperability and reciprocity between the Payments System Providers and Payments System Operators to route transactions between endpoints;
View Source

Examples of National Switch in a sentence

  • The Yemen Financial Services Company is owned by 11 banks and operates Yemen’s National Switch interbank network.

  • The Merchant also acknowledges that the Card Schemes, RBM and Malawi National Switch publish and make available updated rules and regulations, bulletins, alerts and directives from time to time and it is the Merchant’s responsibility at all times to review and comply with any such publications as may be applicable to them for compliance with the Rules and this Agreement.

Related to National Switch

  • national standard means a standard adopted by a national standardisation organisation and made available to the general public;

  • Commercial Mobile Radio Service or “CMRS” means Commercial Mobile Radio Service as defined in Part 20 of the FCC’s Rules.

  • Gestational carrier means the person giving birth to the Child.

  • Motorized wheelchair means any self-propelled vehicle designed for, and used by, a handicapped person and that is incapable of a speed in excess of eight miles per hour.

  • International Student means a student holding a student visa for the purpose of obtaining an education in Australia and includes a student on a study abroad or international exchange program;