Merchant Identification Number definition

Merchant Identification Number means the number issued and notified by Paynovate to Merchant that digitally identifies Merchant to Paynovate for accounting, billing, customer service and other related purposes in connection with the Services.

Merchant Identification Number means a unique number assigned to a merchant account to identify it during the course of processing credit activities.

Merchant Identification Number or “MID” means the unique identification number of your account with the Financial Service Provider for the purpose of accepting card payments;

Examples of Merchant Identification Number in a sentence

• You are responsible for ensuring that your Merchant Identification Number (“MID”) is kept confidential.

• You must be in possession of a working imprinter, a supply of blank Sales Drafts and an accurate imprinter plate showing your DBA name, city, state, and Merchant Identification Number.

• This Agreement binds us the earlier of (i) the date we issue you a Merchant Identification Number; or (ii) the date we process your first transaction.

• Merchant Identification Number (MID): A unique designator (e.g. 44450XXXXXXXXX) assigned by the acquirer to reflect the card processing location and may contain up to 13 characters.

• This Agreement shall only be binding upon Processor as of the earliest of (i) the date that Processor accepts this Agreement by issuing Merchant a Merchant Identification Number or (ii) Processor’s processing of any transaction submitted by Merchant.

• These four-digit codes are assigned by the payment card organizations (Visa, MasterCard, Discover and American Express as well as any other card network as required by the Authorized User.) Merchant Identification Number (MID) – a unique Merchant ID Number (MID) that identifies an Authorized User (merchant) to the processor and the banking institution which authorizes transactions, and subsequently deposits the funds.

• The Merchant Agreement shall come into effect on the date of signing the Merchant Agreement or, in case of a later date, on the date on which Paynovate has notified the merchant of a Merchant Identification Number.

• To be effective, Company’s termination request must be completed on a form available from Elavon, and at a minimum, must include the name of the Company and Merchant Identification Number, and must be signed by the principal owners of Company.

• Merchant must reference their Merchant Identification Number when purchasing supplies online or via telephone.

• Merchant is responsible for insuring its Merchant Identification Number (“MID”) is kept confidential.

More Definitions of Merchant Identification Number

Merchant Identification Number means the identification number assigned to the Merchant upon approval of the Merchant Application.

Merchant Identification Number means the distinct number assigned to City departments.

Merchant Identification Number or “MID” is a unique number assigned to a Merchant account to identify it throughout the course of processing activities.

Merchant Identification Number means the Merchant identification number/s allocated to the Merchant by Standard Bank;

Merchant Identification Number or “MID” means the unique merchant identification number or code assigned by GKASH (as is provided by the Operator’s Acquirers) to the Merchant under the terms of this Agreement which will be stated in the Welcome Letter that serves as an identification of the Merchant for the processing and completion of the Payment Transaction subject to terms of this Agreement.