Credit Card Processing Services: Global Direct’scredit card processing servicesconsist of authorization and electronic draft capture of credit card transactions; outclearing of such transactions to the appropriate card associations and/or issuers (e.g., Visa, MasterCard, Diners, Discover); settlement; ...
Credit Card Processor means any servicing or processing agent or any factor or financial intermediary who facilitates, services, processes or manages the credit authorization, billing transfer and/or payment procedures with respect to any Loan Party’s sales transactions involving credit card or debit ...
agent bank, lead bank - a bank named by a lending syndicate of several banks to protect their interests member bank - a bank that is a member of the Federal Reserve System merchant bank, acquirer - a credit card processing bank; merchants receive credit for credit card receipts less a proc...
Latest version of the JSON entity definition is available on GitHub. Traits Traits for this entity are listed below. is.identifiedBy names a specifc identity attribute to use with an entity Tabelle erweitern ParameterValueData typeExplanation attribute CreditCardProc...
If a word defined in these terms is also defined in our Customer Terms, the definition in these terms applies for the purposes of accounts for the credit cards. balance transfer or funds transfer means a transaction where we debit an amount you specify from your credit card and pay the ...
This process includes settlement of a transaction, write-off of a transaction, and processing of an NSF payment. The following are journal types to use for transactions. Settlements –use the Customer payment journal type. Write-offs –use the Daily journal type. NSF –use the Customer payment...
D. Participants in the transaction processing chain Clover shares personal data with companies in the transaction processing chain in connection with processing a payment transaction, such as merchants, banks or other card issuers, card associations, debit network operators and their members. ...
Card readers Card reader: $54 to $169; POS plan: starts at $99/mo Swipe rate 2.6% + $0.10 per transaction Keyed-in rate 3.5% + $0.15 per transaction Monthly fee No monthly fees for payment processing[15] Unlike its competitors, SumUp offers multiple card reader options, so you can ch...
(2) banking days after availing the Card. During this cooling-off period, the Card Member and/or Supplementary Card Member(s) has the option to request for and provide notice of cancellation of the Card availed to the Bank. However, the Bank reserves the right to collect processing and ...
Credit Card Processormeans any servicing or processing agent or any factor or financial intermediary who facilitates, services, processes or manages the credit authorization, billing transfer and/or payment procedures with respect to any Loan Party’s sales transactions involving credit card or debit car...