Sentence examples similar to party processor from inspiring English sources

The merchant's bank then pays another nickel to a third-party processor and keeps the remaining 30 cents.

Mr. Dunn said that letters at Bank of America were automatically generated when a third-party processor noticed that a policy had lapsed.

The system allows soldiers to pay bills from their paycheck before it is deposited in their bank account, but typically requires a fee from a third-party processor.

Access was gained to over five million Visa and MasterCard accounts throughout the nation after the computer system at a third-party processor was hacked into, representatives for the card associations said yesterday.

The associations said they could not provide a timeline of when the breach took place or details on how it was accomplished because it involved a third-party processor used by merchants and not Visa or MasterCard systems.

The F.D.I.C. raised alarms about the potential vulnerability of third-party processors back in 2008.

Now foreclosures are farmed out to third-party processors who hire local counsel to litigate.

And if banks use third-party processors to handle transactions, as almost all but the largest do, business owners should confirm that the processors' practices are equally secure.

The ban has done little to keep players from playing, but much to direct their funds to, shall we say, third-party processors with issues.

With each swipe of a credit card, the card number and other important financial information travels from the merchant to the third-party processors and then to Visa or MasterCard.

Because the payments are deducted before the salary is deposited, however, it offers less flexibility in the event of a financial emergency, and can cost more in fees than most bill payment options because they typically involve third-party processors, she said.