Total Payment Volume definition

Total Payment Volume means the total dollar (or other currency) amount of the transactions from, to or through any service, offering, system or platform of Provider during any applicable period, expressed in the currency of the transaction.
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Total Payment Volume or “TPV” has the meaning set forth in Schedule 7.1.
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Total Payment Volume has the meaning set forth in Schedule 7.1.
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Examples of Total Payment Volume in a sentence

  • The “Payment Processing Fee” shall be an amount equal to the product of (a) the Approved Fee Rate (as defined and adjusted pursuant to Section 3 below), multiplied by (b) the applicable Total Payment Volume actually processed by Provider as part of the Services provided to the applicable Recipient Party pursuant to this Agreement during the applicable Calendar Quarter (such Total Payment Volume, excluding Total Payment Volume with respect to Off-Recipient Services and Packaged Services, the “Base TPV”).

  • As set forth in Section 7.1(a), in no event will any Recipient Party be required to pay any Payment Processing Fee in connection with any Off-Recipient Services, and all Total Payment Volume processed by Provider and its Subsidiaries in connection with Off-Recipient Services shall be excluded from the Base TPV for each Recipient Party.

  • Without limiting PayPal’s other rights under the Agreement, when Merchant’s rate of Chargebacks exceed 90 basis point (0.9%) and 100 Transactions in one month (“Excessive Chargebacks”), Merchant agrees to pay PayPal the “Chargeback Maintenance Fee” corresponding with Merchant’s Total Payment Volume as described in the table below every six months of consecutive Excessive Chargebacks.

  • As set forth in Section 7.1(b) of the Agreement, in no event will any Recipient Party be required to pay any Payment Processing Fee in connection with any Off-Recipient Services, and all Total Payment Volume processed by Provider and its Subsidiaries in connection with Off-Recipient Services shall be excluded from the Base TPV for each Recipient Party.

  • As set forth in Section 7.1(b), in no event will any Recipient Party be required to pay any Payment Processing Fee in connection with any Off-Recipient Services, and all Total Payment Volume processed by Provider and its Subsidiaries in connection with Off-Recipient Services shall be excluded from the Base TPV for each Recipient Party.

  • Without limiting PayPal’s other rights under the Agreement, when Merchant’s rate of Chargebacks exceed 90 basis point (0.9%) and 100 transactions in one month (“Excessive Chargebacks”), ▇▇▇▇▇▇▇▇ agrees to pay PayPal the “Chargeback Maintenance Fee” corresponding with Merchant’s Total Payment Volume as described in the table below every six months of consecutive Excessive Chargebacks.

  • Without limiting PayPal’s other rights under the Agreement, when Merchant’s rate of Chargebacks exceed 90 basis point (0.9%) and 100 transactions in one month (“Excessive Chargebacks”), ▇▇▇▇▇▇▇▇ agrees to pay PayPal the Chargeback Maintenance Fee corresponding with Merchant’s Total Payment Volume as described in the table below every six months of consecutive Excessive Chargebacks.


More Definitions of Total Payment Volume

Total Payment Volume shall be based on Merchants total Transactions processed, calculated in USD, within the twelve (12) months preceding the month the Chargeback Maintenance Fee becomes due.
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Related to Total Payment Volume

  • Total Payment shall have the meaning set forth in Section 2.4(a).

  • Total Payments means those payments so described in Section 6.2 hereof.

  • Annual Payment The total amount payable to the Settlement Fund Administrator by the Settling Distributors on the Payment Date each year, as calculated by the Settlement Fund Administrator pursuant to Section IV.B.1.e. For the avoidance of doubt, this term does not include the Additional Restitution Amount or amounts paid pursuant to Section X.

  • Monthly Volume means the product of the Committed Volume multiplied by the number of days in the relevant month.

  • Total Payments Made shall have the meaning set forth in Section 8.1 of this Agreement.