Payment Gateway Agreement
/ˈpeɪmənt ˈɡeɪtwɛɪ əˈɡriːmənt/
Definitions
- (n.) A contractual agreement between a merchant and a payment gateway provider establishing the terms for processing electronic payment transactions.
The merchant signed a payment gateway agreement to enable secure online credit card payments.
Forms
- payment gateway agreement
- payment gateway agreements
Related terms
See also
Commentary
Typically includes provisions on transaction fees, security protocols, dispute resolution, and parties' responsibilities to ensure compliance with payment industry standards.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.