Licence, risk & account terms — found from sitemap — Checkout.com

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• Settlement deductions Report an error

  “Deductions means all amounts we are entitled to deduct from Settlement under Applicable Law, the Payment Scheme Rules, the TPA Rules and/or the Platform Merchant Agreement (including where relevant the Acquiring Services Terms) including: (i) Marketplace Platform Fees; (ii) Chargebacks and reversed Transactions; (iii) Assessments; (iv) Refunds; (v) Outward Payments; and (vi) amounts equal to the Reserve(s) Rate and/or Additional Collateral amount.”

• Pay to card Report an error

  “Pay To Card means a Transaction that results in a disbursement to the account number of a Card for a purpose permitted from time to time by a Card Scheme (other than a Refund or Chargeback), by whatever name, including Visa original credit transactions, Visa Direct, Mastercard payment transactions and Mastercard Send™.”

• Card schemes supported Report an error

  “Card Scheme means Visa Inc., MasterCard Worldwide, Cartes Bancaires, JCB, American Express, Union Pay International, Diners Club International/Discover Network or comparable bodies which provide Cards and regulate Card acceptance, as supported by us”

• Acquiring terms incorporated Report an error

  “the Acquiring Services Terms (the current version of which as at the date of entry into this Platform Merchant Agreement is included in Schedule 1), which are incorporated by reference into, and form part of, your Platform Merchant Agreement.”

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