Acceptance of Cards Sample Clauses

Acceptance of Cards. A. You can elect to accept all card types, or only certain Visa and MasterCard card types (“Limited Acceptance”). You are solely responsible for your Limited Acceptance program. This includes: (i) policing card types at the point of sale; (ii) paying Association fees and charges for only accepting certain card types; and (iii) paying any costs we incur in connection with your Limited Acceptance. Our obligations are limited to those expressed in the Operating Rules. Should you submit a transaction for processing for a card type you have indicated you do not wish to accept, we may process that transaction and you agree to pay any applicable fees, charges, and assessments. The card types are: (i) “Debit Card” -- U.S. and non-U.S. bank issued Visa or MasterCard Cards that access consumer asset accounts within 14 days of purchase, including stored value, prepaid, EBT, gift, or consumer check Cards; (ii) “Other Card” -- all Visa and MasterCard Cards issued by a non-U.S. bank and all Visa and MasterCard Cards other than Debit Cards, including business and consumer credit Cards. Your Limited Acceptance program only applies to U.S.-issued cards. The Visa and MasterCard Operating Regulations require merchants accepting any Card product bearing a Visa or MasterCard symbol to continue accepting both debit and credit Card products issued by non-U.S. members.
AutoNDA by SimpleDocs
Acceptance of Cards. You agree to comply with Your Card Acceptance Guide and all Card Organization Rules, as such may be changed from time to time. You understand that we may be required to modify Your Card Acceptance Guide and the Agreement from time to time in order to comply with requirements imposed by the Card Organizations. In offering payment options to your customers, you may elect any one of the following options: (1) Accept all types of Visa and MasterCard cards, including consumer credit and debit/check cards, and commercial credit and debit/check cards; (2) Accept only Visa and MasterCard credit cards and commercial cards (If you select this option, you must accept all consumer credit cards (but not consumer debit/check cards) and all commercial card products, including business debit/check cards); or (3) Accept only Visa and MasterCard consumer debit/check cards (If you select this option, you must accept all consumer debit/check card products (but not business debit/check cards) and refuse to accept any kind of credit cards). The acceptance options above apply only to domestic transactions. If you choose to limit the types of Visa and MasterCard cards you accept, you must display appropriate signage to indicate acceptance of the limited acceptance category you have selected (that is, accept only debit/check card products or only credit and commercial products). For recurring transactions, you must obtain a written request or similar authentication from your customer for the goods and/or services to be charged to the customer’s account, specifying the frequency of the recurring charge and the duration of time during which such charges may be made.
Acceptance of Cards. A. If appropriately indicated herein, Merchant may elect to accept only certain Visa and MasterCard card types as indicated on the Application, or via later notification (“Limited Acceptance”). Processor has no obligation other than those expressly provided under the Operating Regulations and applicable law as they may relate to Limited Acceptance. Processor’s obligations do not include policing card types at the point of sale. Merchant will be solely responsible for the implementation of its decision for Limited Acceptance including, but not limited to, policing the card type(s) of transactions at the point of sale submitted for processing by Processor, responsibility for any Visa or MasterCard charges assessed as a result of Merchant’s Limited Acceptance, and any and all costs incurred by Processor as a result of Merchant’s election. Should Merchant submit a transaction for processing for a card type it has indicated it does not wish to accept, Processor may process that transaction and Merchant will pay the applicable fees, charges, and assessments associated with that transaction. For Merchant’s convenience, a general description of Visa and MasterCard card types are: (i) “
Acceptance of Cards. Sub-Merchant agrees to comply with Your Payments Acceptance Guide, to the extent applicable to Sub-Merchant, and all Network Rules, as such may be changed from time to time. Sub-Merchant understands that Servicers may be required to modify Your Payments Acceptance Guide and the Agreement from time to time in order to comply with requirements imposed by the Networks. Servicers may change the Your Payment Acceptance Guide by providing Sub-Merchant with thirty (30) days’ prior written notice of the change. Changes to this Agreement must be effectuated by a written amendment entered into between the parties. However, changes required by the Networks will be effective immediately or as required by the Networks, whichever is later. In offering payment options to customers, Sub-Merchant will accept all types of Visa and/or MasterCard cards, including consumer credit and debit/check cards and commercial credit and debit/check cards. If Sub-Merchant chooses to limit the types of cards it accepts, it must comply with Network Rules and display appropriate signage to indicate acceptance of the limited acceptance category selected. For recurring transactions, Sub-Merchant must obtain a written request or similar authentication from Sub-Merchant’s customer for the goods and/or services to be charged to the customer’s account, specifying the frequency of the recurring charge and the duration of time during which such charges may be made.
Acceptance of Cards a) You may elect to accept:
Acceptance of Cards. Company shall accept any Card presented by a Cardholder as payment for Authorized Goods and Services provided that all of the following conditions and all of the procedures set forth elsewhere in this Agreement and in the Operating Regulations relating to the acceptance of Cards are met with respect to each Card Sale:
Acceptance of Cards. 2.1 You will accept any Card properly tendered, without imposing any special conditions (such as requiring identification) not required or allowed by Association Rules. You will assess no special charge (a surcharge in connection with accepting a card for payment) or extract any special agreement, condition (including any minimum or maximum transaction amounts) or security from a Cardholder in connection with any Card transaction. You shall not post signs indicating that You will refuse to honor Card transactions below or above a specified transaction (i.e., $5 minimum to use payment card) ) You may offer a discount for using cash if clearly disclosed as a discount from the price available for all other means of payment. You shall not engage in acceptance practices or procedures that discriminate against, discourage or favor the offered use of any particular Card accepted by You. You will not require Cardholders to provide personal information such as a home or business telephone number, a home or business address, or any form of identification (such as a driver's license) as a condition for honoring and accepting a Card, unless specifically required by this Exhibit G or the applicable Association. You shall not accept Cards at terminals that dispense scrip in violation of the Association Rules.
AutoNDA by SimpleDocs
Acceptance of Cards. A. Merchant pursuant to the E-Sign Notice (referred to in Section 12.B ii and made available on the Site. This Agreement shall be binding upon Merchant in accordance types You can elect to accept all card types, or only certain Visa and MasterCard card (“Limited Acceptance”). You are solely responsible for your Limited Acceptance with Section 1 below.
Acceptance of Cards. You agree to accept Cards at your locations in payment for purchases of goods and services consistent with the policies issued by the State Controller. Each Participating Entity which has signed an Agency Participation Agreement is liable for all its Establishments under this Agreement and responsible for complying with the terms of this Agreement as it has been incorporated into a separate Agency Participation Agreement. You agree to follow the procedures in this Agreement and in our Operating Regulations concerning your acceptance of Cards and the preparation of Sales Data. Please refer to the Operating Regulations for specific details regarding how you may accept Card sales. You may not institute or adopt any practice that discriminates or provides unequal treatment for users of the Card versus any other card products that you accept.
Acceptance of Cards. You agree to comply with Your Payments Acceptance Guide and all Network Rules, as such may be changed from time to time. You understand that we may be required to modify Your Payments Acceptance Guide and the Agreement from time to time in order to comply with requirements imposed by the Networks. In offering payment options to your customers, you may elect any one of the following options:
Time is Money Join Law Insider Premium to draft better contracts faster.