Internet Payment Gateway definition
Examples of Internet Payment Gateway in a sentence
SIB reserves the right, but shall not be obliged, to make changes, enhancements, and/or modifications to the Services offered by SIB from time to time including, without limitation, the development of updates, patches, upgrades and/or the procurement of new releases of any software or the Internet Payment Gateway or any changes in Payment Mechanism.
Installation of the Discloser’s Internet Payment Gateway Services.
SIB shall be entitled to rely upon by all electronic communications, orders or messages to SIB through the Internet Payment Gateway and SIB shall not be obliged to verify or make further inquiry into the identity of the sender, or the message integrity, of any communications, orders or messages.
In the event of a Customer choosing an option to make payment by any Valid Card or Bank Account, the Merchant shall permit the Customer to obtain Authentication and Authorization of such payment by utilizing the Internet Payment Gateway.
However, SIB does not guarantee that the Services and/or the Internet Payment Gateway will be at all times be equipped with security measures and SIB does not make any express or implied warranty with respect to the security measures that it may employ from time to time, or other procedures, services, including, without limitation, any warranties on merchantability, satisfactory quality and/or fitness for a particular purpose.
Subject to the terms and conditions of this Agreement and in consideration of the payment of the Charges set out in Master Service Agreement, SIB hereby approve the Merchant Site for the purposes of hosting the Internet Payment Gateway for Authentication and Authorization of payments by the Customer of the Merchant from time to time.
Internet Payment Gateway ------------------------ The Internet Payment Gateway is a term used to describe the collection of DCTI's risk management, reporting, and merchant account management tools that interact directly with legacy financial and banking networks, operating systems, acquiring gateways, and credit-card networks.
DCTI has developed or acquired comWallet software (the "Software Product"), and has developed an Internet Payment Gateway.
Once the customer submits a credit card number on the merchant's Web site, the Payment Plug-in contacts the DCTI Internet Payment Gateway (1b) to initiate fraud screening and then to request authorization, final sale or credit.
The payment plugins securely transmit transaction data to the DCTI Internet Payment Gateway, discussed below.