Payment Acceptance Device definition

Payment Acceptance Device means an electronic device or electronic system (e.g., smartphone, tablet, wearable device, connected-device, point-of-sale terminal) used to facilitate payment acceptance transaction processing.

Related to Payment Acceptance Device

  • Order Acceptance has the meaning given in clause 1.2.

  • Acceptance Test is a test of the Features executed by the Customer to prepare the acceptance.

  • Operational Acceptance Tests means the tests specified in the Technical Requirements and Agreed Project Plan to be carried out to ascertain whether the System, or a specified Sub system, is able to attain the functional and performance requirements specified in the Technical Requirements and Agreed Project Plan, in accordance with the provisions of GCC Clause 27.2 (Operational Acceptance Test).

  • Acceptance Day shall have the meaning specified in paragraph 2B(5).

  • Letter of Acceptance (LOA) means the written notice issued by JMRC to the selected bidder(s) intimating the acceptance of selected bidder's Proposal for the award of License;