Payment Gateway definition

Payment Gateway means an e-commerce system that securely creates an electronic connection to enable online payment transactions from the bank account of a policyholder or premium payer into the bank account of a long-term insurer, in order to support the transfer of premium.
Payment Gateway means the hardware and software complex deployed at the Payment System, which allows to automate the process of acceptance and making of payments. Version of this document: June 2, 2022
Payment Gateway means the hardware and software complex deployed at the Payment System, which allows to automate the process of acceptance and making of payments.

Examples of Payment Gateway in a sentence

  • In the event that there is no system accessibility or access to Merchant Warrior transactional services, Merchant Warrior will not be liable for any credit to the monthly service charge for the Merchant Warrior Payment Gateway.

  • ITEM 1: Services Merchant Warrior will provide the following Services: • Online hosted payment solutions for transaction services including access to Merchant Warrior Payment Gateway; • IVR solutions; • Batch Payment solutions; • API solutions for online payments; • Tokenisation solutions.

  • Upon receipt from the Client of a report of a significant error or problem affecting the Client's use of the Merchant Warrior Payment Gateway, Merchant Warrior shall take commercially reasonable measures to remedy the reported error or malfunction.


More Definitions of Payment Gateway

Payment Gateway means point of sale Software that links a merchant’s website or selling application to such merchant’s processing network and merchant account.
Payment Gateway means the system which is to be made available to the Client under the terms of this Annexure K which enables the authentication, authorisation and settlement of transactions effected by a Customer by using a Card on the Client Website.
Payment Gateway means a service of the fiscal agent that allows members of the public to make payments by payment card to an agency using the agency’s website, via touch-tone or, where available, voice commands over the telephone.
Payment Gateway means the authorised payment processors for Eazy Contracting;
Payment Gateway means the transmission of consumer payment data between a payment portal (such as a website, mobile phone, card reading terminal, kiosk, or interactive voice response service) and a Payment Processor for the purpose of authorizing the transaction.
Payment Gateway the payment gateway provided by a Third Party Supplier for use with the Software to enable the Customer to take card payments from its own customers.
Payment Gateway means the software system devised and used for collecting Transaction data from a Merchant for forwarding to an Acquirer;