Common use of AMERICAN EXPRESS CONTACTLESS CHIP CHARGES Clause in Contracts

AMERICAN EXPRESS CONTACTLESS CHIP CHARGES. When presented with a chip Card to be read via a contactless reader and the Charge qualifies for the No Signature Program, in addition to the “Magnetic Stripe Card Charges” requirements, you must: • Capture Magnetic Stripe or chip Card data using the contactless reader. • For charges that do not qualify under the No Signature Program, follow the relevant Card acceptance procedures outlined in either: • “Magnetic Stripe Card Charges,” or • “Contact Chip Card Charges.”

Appears in 6 contracts

Samples: Merchant Processing Agreement Terms and Conditions, Merchant Processing Agreement Terms and Conditions, Merchant Processing Agreement Terms and Conditions

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!