Payment Merchant definition

Payment Merchant means a merchant entity
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Payment Merchant means a merchant entity to which iAPPS provides a mobile payment system to accept payment for product(s) or service(s) effected through the SLIDE Application.
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Payment Merchant means a merchant entity to which TEPL provides a mobile payment system to accept payment for product(s) or service(s) effected through the Dash Application.
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Examples of Payment Merchant in a sentence

  • It is understood that the Planet Payment Merchant Accounting System is a component of the Planet Payment Platform and, as such, the software, technology and processes comprising the Planet Payment Merchant Accounting System are proprietary to Planet Payment.

  • The Planet Payment Switch will receive the batch close command and will prepare the Transactions for clearing to the Planet Payment Merchant Accounting System.

  • The Planet Payment Merchant Accounting System is part of the Planet Payment Platform.

  • Planet Payment will provide certain personnel designated by Acquirer with full access to the Planet Payment Merchant Accounting System data (which is stored in the Planet Payment Merchant Accounting System) via a secure and Account Security Program-compliant web interface, in accordance with mutually agreeable procedures.

  • Planet Payment will provide designated Acquirer staff with necessary access to the Planet Payment Merchant Accounting System data which is stored in the Planet Payment MAS via a secure and Account Security System compliant web interface (known as P-Web), in a mutually agreeable manner and scope, which can be modified as agreed by the parties from time to time.

  • The Planet Payment Merchant Accounting System will receive inbound Transaction clearing files from the Planet Payment Switch and will out-process the Transactions to Visa and MasterCard through Planet Payment’s Platform in the Cardholder Settlement Amount.

  • System Acquirer, Merchants and certain VARs will utilize the Planet Payment Merchant Accounting System in order to facilitate the clearing and settlement of Transactions.

  • Acquirer and certain VARS will utilize the Planet Payment Merchant Accounting System in order to facilitate the clearing, settlement, reconciliation and reporting of Transactions of Acquirer Merchants processed hereunder.

  • Planet Payment represents that the Planet Payment Merchant Accounting System has the capability to calculate merchant revenue sharing amounts on a per-Merchant basis, at Acquirer’s option.

  • Planet Payment represents that the Planet Payment Merchant Accounting System has the capability to calculate merchant revenue sharing amounts on a per-Merchant basis, if so requested.