Credit card payment definition

Credit card payment means a type of electronic funds transfer in which a health insurer or its contracted vendor issues a single-use series of numbers associated with payment for health care services delivered by a health care provider and chargeable for a predetermined dollar amount and in which the health care provider is responsible for processing the payment using a credit card terminal or Internet portal. The term includes virtual or online credit card payments in which no physical credit card is presented to the health care provider and the single-use credit card number expires upon payment processing.
Credit card payment means an amount owing by Credit Card Issuer to a Receivables Obligor (i) in respect of a purchase made by a customer of such Receivables Obligor, (ii) paid for using a credit card issued by such Credit Card Issuer, and (iii) that is required by the applicable Transfer Account Loan Documentation to be deposited into a Transfer Account.
Credit card payment means a type of electronic funds transfer in which a dental benefit plan or its contracted vendor issues a single-use series of numbers associated with the payment of dental services performed by a dentist and chargeable to a predetermined dollar amount, whereby the dentist is responsible for processing the payment by a credit card terminal or Internet portal. Such term shall include virtual or online credit card payments, whereby no physical credit card is presented to the dentist and the single-use credit card expires upon payment processing;

Examples of Credit card payment in a sentence

  • Without the prior written consent of Lender, neither Borrower nor Manager shall (i) terminate, amend, revoke or modify any Credit Card Payment Direction Letter in any manner or (ii) direct or cause any Credit Card Company to pay any amount in any manner other than as specifically provided in the related Credit Card Payment Direction Letter.

  • Xxxxx Fargo Bank will provide Credit Card Payment Processing Services for Domestic Transactions related to [*] as long as the quality and overall percentage of such Transactions remains below [*] of the total PayPal Transactions processed by Xxxxx Fargo Bank under this Agreement during each calendar month.

  • PayPal Transactions" means Transactions submitted by PayPal to Xxxxx Fargo Bank for processing via the Credit Card Payment Processing Services under this Agreement.

  • In consideration for the Credit Card Payment Processing Services provided by Xxxxx Fargo Bank hereunder and Xxxxx Fargo Bank's performance of its other duties hereunder, PayPal will pay Xxxxx Fargo Bank the fees set forth on Annex B for each Transaction processed by Xxxxx Fargo Bank.

  • PayPal will not submit any Transaction to Xxxxx Fargo Bank for Credit Card Payment Processing Services processing under this Agreement unless such Person has agreed to the terms and conditions of the PayPal User Agreement.


More Definitions of Credit card payment

Credit card payment means a type of electronic funds transfer in
Credit card payment means a payment made by a payment card which incurs a credit card interchange fee to the collection agency, regardless of the type of payment card used.
Credit card payment means a type of electronic funds transfer in which a dental
Credit card payment means a type of electronic funds
Credit card payment means any payment made by a payment
Credit card payment means a type of electronic funds transfer in which a dental benefit plan or its contracted vendor issues a single-use series of numbers associated with the payment of dental services performed by a dentist and chargeable to a predetermined dollar amount, whereby the dentist is responsible for processing the payment by a credit card terminal or Internet portal.
Credit card payment means a type of electronic funds transfer in which a health