Common use of Acceptance of Cards Clause in Contracts

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. 2.2 You must check each Card accepted for validity in accordance with the terms of this Exhibit G, the Operating Procedures and the applicable Association Rules. You must not submit any sale that was not created between You and the Cardholder for settlement and under no circumstances may You submit any sale that has been previously charged back by the Cardholder and returned to You. 2.3 You will check each Card used during a transaction for validity in accordance with the terms of this Exhibit G, the Operating Procedures and the applicable Association Rules. You will not honor a Card that appears to be invalid or expired. 2.4 All Sales Drafts and Credit Vouchers must include (i) either a manual imprint or an electronic printing of the Card obtained by passing the magnetic stripe on the Card through a point-of-sale terminal, of Cardholder information contained on the Card or magnetic stripe; (ii) the signature of the authorized user as it appears on the Card; (iii) the date of the transaction; (iv) a description of the merchandise sold or rented or the services rendered; and (v) the total cash price of the Card transaction (including taxes). 2.5 Except for transactions completed by using magnetic stripe reading point-of-sale terminals that print Card transaction records or originated at limited amount terminals that are capable of reading magnetic stripes and limit each Card transaction to twenty-five ($25), You are deemed to warrant the true identity of any Cardholder unless You imprint the Card on the Sales Draft, as described in subsection 2.4, above. 2.6 Unless a Card transaction is governed by Section 5, Section 8 or otherwise specifically authorized by Servicers in writing, You may only complete a Card transaction when (i) the Card is present and (X) the data stored on the magnetic stripe is electronically read and printed by a magnetic stripe reader or (Y) the Card is manually imprinted, (ii) the Card is signed and the signature on the Sales Draft appears to be the same as the signature on the Card, (iii) the Cardholder resembles the person pictured (if any) on the Card, and (iv) all, or the appropriate portion, of the embossed account number on the Card matches with the corresponding digits printed on the Card and with the account number displayed and/or printed by a point-of-sale device reading the magnetic strip on the Card. (If a previously unsigned Card is signed at the time of a Card transaction, You will review (and identify on the Sales Draft) a current, official government identification document (such as a driver's license or passport) bearing the Cardholder's signature.) You will deliver at least one copy of the Sales Draft or agreement or Credit Voucher to the Cardholder.

Appears in 1 contract

Samples: Agreement for Merchant Processing Services

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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. 2.2 You must check each Card accepted for validity in accordance with the terms of this Exhibit G, the Operating Procedures and the applicable Association Rules. You must not submit any sale that was not created between You and the Cardholder for settlement and under no circumstances may You submit any sale that has been previously charged back by the Cardholder and returned to You. 2.3 You will check each Card used during a transaction for validity in accordance with the terms of this Exhibit G, the Operating Procedures and the applicable Association Rules. You will not honor a Card that appears to be invalid or expired. 2.4 All Sales Drafts and Credit Vouchers must include (i) either a manual imprint or an electronic printing of the Card obtained by passing the magnetic stripe on the Card through a point-of-sale terminal, of Cardholder information contained on the Card or magnetic stripe; (ii) the signature of the authorized user as it appears on the Card; (iii) the date of the transaction; (iv) a description of the merchandise sold or rented or the services rendered; and (v) the total cash price of the Card transaction (including taxes). 2.5 Except for transactions completed by using magnetic stripe reading point-of-sale terminals that print Card transaction records or originated at limited amount terminals that are capable of reading magnetic stripes and limit each Card transaction to twenty-twenty- five ($25), You are deemed to warrant the true identity of any Cardholder unless You imprint the Card on the Sales Draft, as described in subsection 2.4, above. 2.6 Unless a Card transaction is governed by Section 5, Section 8 or otherwise specifically authorized by Servicers in writing, You may only complete a Card transaction when (i) the Card is present and (X) the data stored on the magnetic stripe is electronically read and printed by a magnetic stripe reader or (Y) the Card is manually imprinted, (ii) the Card is signed and the signature on the Sales Draft appears to be the same as the signature on the Card, (iii) the Cardholder resembles the person pictured (if any) on the Card, and (iv) all, or the appropriate portion, of the embossed account number on the Card matches with the corresponding digits printed on the Card and with the account number displayed and/or printed by a point-of-sale device reading the magnetic strip on the Card. (If a previously unsigned Card is signed at the time of a Card transaction, You will review (and identify on the Sales Draft) a current, official government identification document (such as a driver's license or passport) bearing the Cardholder's signature.) You will deliver at least one copy of the Sales Draft or agreement or Credit Voucher to the Cardholder. 2.7 You shall determine in accordance with Association Rules and the Agreement which types of Cards and processing services You will agree to accept as a form of payment from your customers by selecting the applicable processing services on the Authorized User Participation - Set Up Form (Exhibit D, Attachment I).

Appears in 1 contract

Samples: Merchant Services Agreement

Acceptance of Cards. 2.1 You 3.1 CUSTOMER will accept any Card properly tendered, without imposing any special conditions (such as requiring identification) not required or allowed by Association Rules. You CUSTOMER 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 CUSTOMER shall not post signs indicating that You CUSTOM will refuse to honor Card transactions below or above a specified transaction (i.e., $5 minimum to use payment card) ) You amount. CUSTOMER may offer a discount for using cash if clearly disclosed as a discount from the price available for all other means of payment. You CUSTOMER shall not engage in acceptance practices or procedures that discriminate against, discourage or favor the offered use of any particular Card accepted by YouCUSTOMER. You CUSTOMER 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 ’s license) as a condition for honoring and accepting a Card, unless specifically required by this Exhibit G Agreement or the applicable Association. You CUSTOMER shall not accept Cards at terminals that dispense scrip in violation of the Association Rules. 2.2 You must check each Card accepted for validity in accordance with the terms of this Exhibit G, the Operating Procedures and the applicable Association Rules. You must not submit any sale that was not created between You and the Cardholder for settlement and under no circumstances may You submit any sale that has been previously charged back by the Cardholder and returned to You. 2.3 You 3.2 CUSTOMER will check each Card used during a transaction for validity in accordance with the terms of this Exhibit GAgreement, the Operating Procedures Guide and the applicable Association Rules. You CUSTOMER will not honor a Card that appears to be invalid or expired. 2.4 3.3 All Sales Drafts and Credit Vouchers must include (i) either a manual imprint or an electronic printing of the Card obtained by passing the magnetic stripe on the Card through a point-of-of sale terminal, of Cardholder information contained on the Card or magnetic stripe; (ii) the signature of the authorized user as it appears on the Card; (iii) the date of the transaction; (iv) a description of the merchandise sold or rented or the services rendered; and (v) the total cash price of the Card transaction (including taxes). 2.5 3.4 Except for transactions completed by using magnetic stripe reading point-of-sale terminals that print Card transaction records or originated at limited amount terminals that are capable of reading magnetic stripes and limit each Card transaction to twenty-five ($25), You are CUSTOMER is deemed to warrant the true identity of any Cardholder unless You imprint CUSTOMER imprints the Card on the Sales Draft, as described in subsection 2.43.3, above. 2.6 Unless 3.5 Unless, a Card transaction is governed by Section 5, Section 8 6 or otherwise specifically authorized by Servicers SERVICERS in writing, You CUSTOMER may only complete a Card transaction when (i) the Card is present and (X) the data stored on the magnetic stripe is electronically read and printed by a magnetic stripe reader or (Y) the Card is manually imprinted, (ii) the Card is signed and the signature on the Sales Draft appears to be the same as the signature on the Card, (iii) the Cardholder resembles the person pictured (if any) on the Card, and (iv) all, or the appropriate portion, of the embossed account number on the Card matches with the corresponding digits printed on the Card and with the account number displayed and/or printed by a point-of-sale device reading the magnetic strip on the Card. (If a previously unsigned Card is signed at the time of a Card transaction, You CUSTOMER will review (and identify on the Sales Draft) a current, official government identification document (such as a driver's ’s license or passport) bearing the Cardholder's ’s signature.) You CUSTOMER will deliver at least one copy of the Sales Draft or agreement or Credit Voucher to the Cardholder.

Appears in 1 contract

Samples: Merchant Services Bankcard Agreement (Buy Com Inc)

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Acceptance of Cards. 2.1 You Customer acknowledges that Servicers shall perform the Services as they may determine. 2.2 Customer will accept any Card properly tendered, without imposing any special conditions (such as requiring identification) not required or allowed by Association Rulesconditions. You Customer 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 Customer shall not post signs make any statements indicating that You Customer 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 paymentamount. You Customer shall not engage in acceptance practices or procedures that discriminate against, against or discourage or favor the offered use of any particular Card accepted by YouCustomer. You will Nothing contained in this Agreement shall prohibit Customer from entering into any Card specific promotions whether or not require Cardholders to provide personal information in conjunction with any Card issuer or co-branding a Card with any Card issuer, provided such as a home or business telephone number, a home or business address, or promotion does not violate any form of identification (such as a driver's license) as a condition for honoring and accepting a Card, unless specifically required by rules set forth in this Exhibit G or the applicable Association. You shall not accept Cards at terminals that dispense scrip in violation of the Association Rules.C. 2.2 You must check each Card accepted for validity in accordance with the terms of this Exhibit G, the Operating Procedures and the applicable Association Rules. You must not submit any sale that was not created between You and 2.3 If the Cardholder is not present at the point-of-sale, Customer shall be responsible for settlement identifying and under no circumstances may You submit any sale that has been previously charged back by verifying the Cardholder by request the following information: (a) Cardholder's first name and returned last name, (b) the billing address as it appears on the Cardholder's Card statement, (c) Card type, number and expiration date and year, and (d) the Card Security ID. By asking for the Card Security ID when the Cardholder makes a Card Transaction, it becomes more difficult for unauthorized individuals to You. 2.3 You will check each Card used during a transaction for validity in accordance with use the terms of this Exhibit G, the Operating Procedures and the applicable Association RulesCardholder's Card. You Customer will not honor a Card that appears to Customer otherwise has reason to believe to be invalid or expired. 2.4 All Sales Drafts Customer will not store, print or save on any media type the Cardholder's Card Security ID. Customer shall not store the Card Security ID in any database. 2.5 Customer shall disclose to the Cardholder the following information (e.g. in a booking confirmation page or/and Credit Vouchers must include follow-up email): (i) either a manual imprint or an electronic printing of the Card obtained by passing the magnetic stripe on the Card through a point-of-sale terminal, of Cardholder information contained on the Card or magnetic stripetransaction date; (ii) the signature a brief description of the authorized user as it appears on the Cardgoods or services sold, returned or cancelled; (iii) the date price of the transactiongoods or services, including applicable taxes, or amounts of any credit or adjustment; (iv) a description of the merchandise sold or rented or the services renderedCardholder name; and (v) the total cash price of the Card transaction Customer's name in a manner recognizable to Cardholders; (including taxes). 2.5 Except for transactions completed by using magnetic stripe reading point-of-sale terminals that print Card transaction records or originated at limited amount terminals that are capable of reading magnetic stripes and limit each Card transaction to twenty-five vi) Customer's address; ($25), You are deemed to warrant the true identity of any Cardholder unless You imprint the Card on the Sales Draft, as described in subsection 2.4, above. 2.6 Unless a Card transaction is governed by Section 5, Section 8 or otherwise specifically authorized by Servicers in writing, You may only complete a Card transaction when (i) the Card is present and (X) the data stored on the magnetic stripe is electronically read and printed by a magnetic stripe reader or (Y) the Card is manually imprinted, (ii) the Card is signed and the signature on the Sales Draft appears to be the same as the signature on the Card, (iii) the Cardholder resembles the person pictured (if any) on the Card, and (iv) all, or the appropriate portion, of the embossed account number on the Card matches with the corresponding digits printed on the Card and with the account number displayed and/or printed by a point-of-sale device reading the magnetic strip on the Card. (If a previously unsigned Card is signed at the time of a Card transaction, You will review (and identify on the Sales Draftvii) a current, official government identification document (such as a driver's license or passport) bearing the Cardholder's signature.) You will deliver at least one copy of the Sales Draft or agreement or Credit Voucher to the Cardholder.customer service telephone number;

Appears in 1 contract

Samples: Private Label and XML Interface Agreement (Pricester.Com, Inc.)

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