Terms of Service

Terms and Conditions

These Terms and Conditions apply to the use of Payment Services provided by USwipe ("USwipe"). By applying to become a Registered user of any Payment Services operated by USwipe, You shall be deemed to have read, accepted and agreed to be bound by these Terms and Conditions.


1.1 Definitions

In these Terms and Conditions, unless the context otherwise requires:

1.1.1 Agreement Dispute

has the meaning given in clause 26.1;

1.1.2 Application Form

means a form prescribed by Us to be used by You, which will request the information that is required for the capacity in which You seek Registration;

1.1.3 Authorisation

means:</p> <p>(a) an authorisation, consent, right, certificate, licence, permit, declaration, exemption, notarisation or waiver, however described (including any renewal or partial renewal); and</p> <p>(b) any authorisation or consent regarded as given by a Government Agency where, in relation to something that can be prohibited or restricted by law if the Government Agency takes action within a specified period, that period expires without that action being taken.</p>

1.1.4 Banks

means the financial institution(s) and/or Card Schemes with which USwipe has entered into arrangements to provide the Bank Services;

1.1.5 Bank Services

means the merchant acquiring services provided by the Banks to Us for the acceptance and processing of Card Transactions;

1.1.6 Banking Day

" means a day on which banks are open for general banking business in Europe, USA, UK, Asia, Africa, South America except for Saturdays, Sundays and national public holidays;

1.1.7 Bulk Electronic Clearing System

means a system that coordinates and administers recurring or one off electronic debit and credit payment instructions and facilitates the exchange and settlement of electronic transactions between participants;

1.1.8 Card

means a card that has been designated by the issuer as a card issued by a Card Scheme as advised by the Banks;

1.1.9 Cardholder

means the Person in whose name the Card has been issued;

1.1.10 Card Schemes

means, unless otherwise agreed by the parties, issuers of Visa, MasterCard, American Express, JCB (Japan Credit Bureau), Diners Club and/or UnionPay;

1.1.11 Card Scheme Rules

means the rules and regulations which regulate participants in the Card Schemes;