Common use of Authorised Transactions Clause in Contracts

Authorised Transactions. The Account Holder must ensure each Cardholder Account has sufficient funds or credit limits in place to cover transactions performed using the Card. All transactions will need to be authorised by us before they can proceed. For example, if a Cardholder uses their Card to purchase goods or services, prior to any transaction being completed, the merchant involved in the transaction may obtain an authorisation for the transaction. The purpose of this authorisation is to confirm that there are sufficient funds available for the transaction. This authorisation may be completed at a later time such as for hotel accommodation and car hire. We reserve the right to refuse a transaction done using the Card if there are insufficient funds in the Cardholder Account to cover the transaction. The Cardholder agrees that we can debit the Cardholder Account for all transactions done using the Card. The Cardholder can authorise transactions by: (a) using the Card alone or together with the PIN; or (b) presenting the Card to a Merchant and signing a voucher or other documentation acceptable to us authorising the Transaction; or (c) providing the Card Details to a Merchant to whom payment is to be made; or (d) performing Touch & Go transactions below K50.00. When the Cardholder authorises a Transaction, the Cardholder confirms the validity of the Transaction.

Authorised Transactions. The Account Holder must ensure each Cardholder Account has sufficient funds or credit limits in place to cover transactions performed using the Card. All transactions will need to be authorised by us before they can proceed. For example, if a Cardholder uses their Card to purchase goods or services, prior to any transaction being completed, the merchant involved in the transaction may obtain an authorisation for the transaction. The purpose of this authorisation is to confirm that there are sufficient funds available for the transaction. This authorisation may be completed at a later time such as for hotel accommodation and car hire. We reserve the right to refuse a transaction done using the Card if there are insufficient funds in the Cardholder Account to cover the transaction. The Cardholder agrees that we can debit the Cardholder Account for all transactions done using the Card. The Cardholder can authorise transactions by: (a) using the Card alone or together with the PINPIn; or (b) presenting the Card to a Merchant and signing a voucher or other documentation acceptable to us authorising the Transaction; or (c) providing the Card Details to a Merchant to whom payment is to be made; or (d) performing Touch & Go transactions below K50.00. When the Cardholder authorises a Transaction, the Cardholder confirms the validity of the Transaction.

Authorised Transactions. The Account Holder You must ensure each Cardholder Account that your account has sufficient funds or credit limits in place to cover transactions transaction performed using the Cardyour card. All transactions will need to be authorised approved VISA DEBIT Card Terms& Conditions 15 by us BSP before they can proceed. For example, if a Cardholder cardholder uses their Card card to purchase goods or services, prior to any transaction being completed, the merchant involved in the transaction may obtain an authorisation for the transaction. The purpose of this authorisation is to confirm that there are sufficient funds available for the transaction. This authorisation may be completed at a later time such as for hotel accommodation and car hire. We reserve the right to refuse a transaction done using the Card if there are insufficient funds in the Cardholder Account account to cover the transaction. The Cardholder agrees You agree that we BSP can debit the Cardholder your Account for with all transactions done using the your Card. The Cardholder You can authorise transactions transaction by: (a) : • using the your Card alone or together with the your PIN; or (b) , • presenting the your Card to a Merchant and signing a voucher or other documentation acceptable to us authorising the Transaction; or (c) transaction • providing the your Card Details to a Merchant or to any other party to whom payment is to be made; or (d) performing Touch & Go transactions below K50.00, either directly or via a third party, in a manner acceptable to BSP • arranging an electronic debit, such as a recurring transaction or periodical payment to be paid directly from your Account. When the Cardholder authorises you authorise a Transaction, the Cardholder confirms you confirm the validity of the Transactiontransaction.