Processing Partner definition
Examples of Processing Partner in a sentence
Agent and the Processing Partner (if applicable) shall sponsor Merchant for membership in the Debit Card network that Merchant has selected.
Agent and the Processing Partner (if applicable) shall process and settle Merchant’s PIN Debit Card transactions.
In addition, Merchant hereby authorizes Agent or the Processing Partner to submit AXP transactions to, and receive settlement from, AXP on behalf of Merchant.
Subscriber’s use of the Equipment requires exclusive use of the Processing Services provided by a HotSauce-approved processing service provider (a "HotSauce Processing Partner"), at all times.
Additionally, in certain instances, for you to participate in the KPP Service, you must have entered into a separate agreement with our Payment Processing Partner (the “Payment Processor Agreement”).
Notwithstanding anything to the contrary herein, Citcon will not be required to perform any Services if (i) directed to suspend performance of all or part of the Services at the direction of a Regulatory Authority, Card Network, or Payment Processing Partner, or (ii) as a result of any change in applicable Legal Requirements following the Effective Date, the performance of such Services would be a violation of any applicable Legal Requirements.
Subscriber agrees not to use credit, debit, electronic payment, or gift card processing services from any provider except a HotSauce Processing Partner.
For the term of this Agreement, Subscriber is obligated to use the same HotSauce Processing Partner.
Citcon may share with the Card Networks (and the Payment Processing Partner) information Merchant provides to Citcon that Citcon uses to identify the nature of Merchant’s products or services, including the assignment of business activities to an MCC.
Agent and the Processing Partner (if applicable) shall process and settle Merchant’s Debit Card transactions.