Common use of Authorising Transactions Clause in Contracts

Authorising Transactions. a) You will need to authorise each Transaction. This includes authorising any single or recurring Transaction or pre-authorising future Transactions of a certain or uncertain amount. b) A Transaction may be regarded as authorised by you where you have authorised the Transaction at the point of sale by following the instructions provided by the Merchant, which may include: i. entering your PIN or providing another Security Detail; ii. your signature; iii. providing your Card details and/or providing you Security Details and/ or Safeguard System as requested; iv. making a request for a cash withdrawal at any bank counter or branch or at any Merchant. Once you have authorised a Transaction we will deduct its value from your Available Funds immediately. c) You must also comply with any additional third party terms connected with the use of your Card (for example, those of a Safeguard System). d) Only future dated authorised Transactions may be withdrawn by you by giving notice to the Merchant (providing a copy of the notice to us) as long as such notice is provided no later than the close of business on the Business Day before the Transaction was due to take place. We will charge you a fee if authorisation is withdrawn by you under this Section (set out in the Fees and Limits Section 13). e) If you have authorised a Transaction with a merchant for an uncertain amount and you were charged more than you could have reasonably expected you have a right to a refund from us if you inform us within eight weeks of this Transaction having taken place. You will not be given this right if you directly consented to this Transaction and information about the Transaction has been made to you by the merchant four weeks prior to the Transaction.

Authorising Transactions. a) You will need to authorise each Transaction. This includes authorising any single or recurring Transaction or pre-authorising future Transactions of a certain or uncertain amount. b) A Transaction may be regarded as authorised by you where you have authorised the Transaction at the point of sale by following the instructions provided by the Merchant, which may include: i. entering your PIN or providing another Security Detail; ii. your signature; iii. providing your Card details and/or providing you Security Details and/ or Safeguard System as requested; iv. making a request for a cash withdrawal at any bank counter or branch or at any Merchant. Once you have authorised a Transaction we will deduct its value from your fromyour Available Funds immediatelyFundsimmediately. c) You must also comply with any additional third party terms connected with the use of your ofyour Card (for example, those of a Safeguard System). d) Only future dated authorised Transactions may be withdrawn by you by giving notice to the Merchant (providing a copy of the notice to us) as long as such notice is provided no later than the close of business on the Business Day before the Transaction was due to take place. We will charge you a fee if authorisation is withdrawn by you under this Section (set out in the Fees and Limits Section 13). e) If you have authorised a Transaction with a merchant for an uncertain amount and you were charged more than you could have reasonably expected you have a right to a refund from us if you inform us within eight weeks of this Transaction having taken place. You will not be given this right if you directly consented to this Transaction and information about the Transaction has been made to you by the merchant four weeks prior to the Transaction.

Authorising Transactions. a) You 7.1 Perx will need to authorise each Transaction. This includes authorising any single or recurring Transaction or pre-authorising future Transactions of regard a certain or uncertain amount. b) A Transaction may be regarded Card transaction as authorised by you the Cardholder where you have authorised the Transaction Cardholder authorises the transaction at the point of sale by following the instructions provided by the Merchantmerchant or retailer to authorise the transaction, which may include: i. entering your PIN 7.1.1 the magnetic stripe on the Card being swiped by the retailer; 7.1.2 a sales slip being signed; 7.1.3 the Cardholder providing the Card details and/ or providing another Security Detail; ii. your signature; iii. providing your Card any other details and/or providing you Security Details and/ or Safeguard System as requested;; or iv7.1.4 the Card being tapped against a Contactless enabled reader and accepted by such reader. making a request for a cash withdrawal at any bank counter or branch or at any Merchant. Once you have authorised a Transaction we will deduct its value from your Available Funds immediately. c) You must also comply with any additional third party terms connected with (please note that the use particular features of your Card (for example, those of a Safeguard Systemmay vary). d7.2 Authorisation for a transaction may not be withdrawn (or revoked) Only future dated by a Cardholder after the time it is received. However, a transaction which is agreed to take place on a date later than the date it was authorised Transactions may be withdrawn by you by giving notice to the Merchant (providing a copy of the notice to us) as long as such notice is was provided no later than the close of business on the Business Day business day before the Transaction it was due to take place. We will , and the retailer was notified (with copy of such notice provided to Perx.) Perx may charge you a Cardholder a fee if authorisation a transaction is withdrawn revoked by you the Cardholder under this Section condition. Please see our fees table at clause 5 above. 7.3 On receipt of notification of the authorisation of a transaction and the transaction payment order, Perx will deduct the value of the transaction, plus any applicable fees and charges, from the Card Funds. 7.4 Certain retailers or services (set out such as a hotel booking or care hire agents) may place a pre-authorisation amount on the available Card Funds on a Card, resulting in a hold over such funds until the Fees relevant retailer or service provides Perx the final payment of the purchase. On receipt of the final payment amount, this pre-authorisation amount will be removed. During this period, the Company and Limits Section 13Cardholders will not have access to this pre-authorised amount. 7.5 In the unlikely event, for any reason whatsoever, a transaction is completed when there are insufficient funds on the Card for that transaction (a "Shortfall"), the Shortfall shall be reimbursed by a Cardholder unless it is due to an error on the part of the retailer where the Card was presented. In this circumstance Perx will seek the Shortfall from the retailer. 7.6 The Cardholder agrees that once Xxxx makes this Shortfall known to the Cardholder, Perx may charge such Cardholder for the Shortfall amount. 7.7 Until Perx is reimbursed the Shortfall amount, Perx may suspend the Card and any additional Cards connected to the Wallet. 7.8 Perx will pay the funds required by the retailer or merchant to cover the transactions authorised by a Cardholder by the end of the next business day of Perx receiving their request. A transaction will be received as follows: 7.8.1 for purchases, at the time Perx receive the transaction instruction from the merchant acquirer; 7.8.2 for other transactions which are communicated directly to Perx, at the time the Cardholders asks Xxxx to complete the transaction; or 7.8.3 if, in relation to, 7.8.3.1 purchases, Perx receive the transaction instruction from the merchant acquirer; or 7.8.3.2 other transactions communicated directly to us, the Cardholders asks Xxxx to complete the transaction after seven days, the transaction instruction or request will be deemed to have been received by Perx on the following business day. (please note that the particular features of your Card may vary). e) If 7.9 When a Cardholder has transactions in a currency other than the base currency of the Card, in order to ensure that the most accurate exchange rate is used, Perx will make the exchange immediately to convert the foreign transaction into the base currency of the Card. For all transactions made in a foreign currency you have authorised a Transaction with a merchant for an uncertain amount and you were charged more than you could have reasonably expected you have a right to a refund from us if you inform us within eight weeks of this Transaction having taken place. You will not be given this right if you directly consented to this Transaction and information about can find out what the Transaction has been made to you by applicable exchange rate is on the merchant four weeks prior to the TransactionCardholder Portal.