Common use of Interac Acknowledgement Clause in Contracts

Interac Acknowledgement. ▇▇▇▇▇▇▇▇ acknowledges that the acquiring member for purposes of accepting Interac cards is PayFacto. PayFacto is a certified Global Payments Direct indirect connector to the Interac Member Network, and Interac Service Provider for Interac Direct Debit. PayFacto is authorized to extend acceptance of Interac to Merchant under this agreement. PTC (not PayFacto) holds, administers and controls settlement funds for the Merchant.

Appears in 2 contracts

Sources: Merchant Agreement, Merchant Agreement

Interac Acknowledgement. ▇▇▇▇▇▇▇▇ Merchant acknowledges that the acquiring member for purposes of accepting Interac cards is PayFacto. PayFacto is a certified Global Payments Direct indirect connector Connector to the Acxsys Interac Member Network, and Interac Service Provider for Interac Direct Debit. PayFacto is authorized to extend acceptance of Debit and Interac to Merchant under this agreement. PTC (not PayFacto) holds, administers and controls settlement funds for the Merchant.Online

Appears in 1 contract

Sources: Merchant Agreement

Interac Acknowledgement. ▇▇▇▇▇▇▇▇ acknowledges that the acquiring member for purposes of accepting Interac cards is PayFacto. PayFacto is a certified Global Payments Direct indirect connector Connector to the Interac Member Network, and Interac Service Provider for Interac Direct Debit, and Interac Online Payments Acquirer. PayFacto is authorized to extend acceptance of Interac to Merchant under this agreement. PTC (not PayFacto) holds, administers and controls settlement funds for the Merchant.

Appears in 1 contract

Sources: Merchant Agreement

Interac Acknowledgement. ▇▇▇▇▇▇▇▇ acknowledges that the acquiring member for purposes of accepting Interac cards is PayFacto. PayFacto is a certified Global Payments Direct indirect connector to the Interac Member Network, and Interac Service Provider for Interac Direct Debit. PayFacto is authorized to extend acceptance of Interac to Merchant under this agreement. PTC (not PayFacto) holds, administers and controls settlement funds for the Merchant.

Appears in 1 contract

Sources: Merchant Agreement