Registered Merchant definition
Examples of Registered Merchant in a sentence
In this case, the Registered Merchant Information will be used for review of registration or enrollment applications for elimination of fraudulent transactions and protection of consumers, management after registration or enrollment, disclosure, revision, and suspension of use to preserve the accuracy of Merchant Information, etc.
Reseller acknowledges that each Registered Merchant will be responsible for developing and maintaining a relationship with a Financial Institution to provide payment authorization services for Transactions.
In this case, members will use Registered Merchant Information for the purposes of reviewing registration applications and merchant applications, management and other transactional determinations following registration or enrollment, performance of merchant investigation obligations, and reviews concerning continuation of transactions.
In addition, Reseller agrees that each Registered Merchant will be responsible for providing access or connectivity to the Internet, including without limitation, maintaining an account with an Internet service provider.