Authorization of Charge Sales Transactions Sample Clauses

Authorization of Charge Sales Transactions. ▪ Swipe the GapCard card. If the swipe was unsuccessful, manually key in the credit card number. Note, each time an account number is manually entered into the POS system, the associate will be prompted to input ID before proceeding with the sale. ▪ First Purchase Identification: ▪ Customers who apply by mail and are approved will be mailed a GapCard account card. When these customers, who did not acquire their account in person via in-store enrollment, come into a store to make their first in-store purchase, the register will prompt for ID. Customers must present valid identification consistent with section 1.3 prior to making their first purchase. ▪ The register will prompt you to input the ID Type, Issuing Authority and Expiration Date. This information will print on the bank copy of the charge draft. ▪ Customers who do not have a driver’s license or state ID must present two forms of valid secondary identification (see Section 1.3 Identification Requirements). ▪ Compare the customer’s signatures as well as the person to the photo to ensure they match before returning the identification. ▪ All purchases must have an authorization code indicating that the sale was authorized by MCCBG. Any sale transmitted with an erroneous authorization code and/or no authorization code is subject to charge back. All non-absentee transaction sales receipts must be signed by the customer or are subject to charge back. ▪ An approved indicator will always be “Approved” followed by the approval code “00XXXX”. ▪ A referral indicator will always refer you to MCCBG. At this time, the sale is neither approved nor declined. Call MCCBG for authorization. ▪ A declined indicator means the sale is declined and you should not call MCCBG. Request some other form of payment from the customer. In the event the customer insists on trying to use their GapCard, you can call MCCBG to either request a credit line increase on the account for the customer or obtain the available credit line in order to complete the sale as a split tender transaction using the available credit line as one portion of the tender. ▪ After the customer signs the charge slip, compare the name and signature on the charge slip to the name and signature on the card. If the name does not match, do not process the sale. ▪ If MCCBG requests that ID be checked for a GapCardtransaction , check and input the customer’s ID number, state abbreviation and expiration date. * As stated in section 1.3, temporary driver’s licenses a...
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Related to Authorization of Charge Sales Transactions

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  • Authorization of Basic Documents As of the Closing Date, each of the Basic Documents to which any of the Depositor, NMAC or the Trust is a party and the Depositor LLC Agreement has been duly authorized, executed and delivered by each such entity, and (assuming the due authorization, execution and delivery thereof by the other parties thereto) constitutes the legal, valid and binding agreement of the Depositor and NMAC, as applicable, enforceable against such party in accordance with its respective terms, except as the enforceability thereof may be limited by bankruptcy, insolvency (including, without limitation, all laws relating to fraudulent transfers), moratorium, reorganization or other similar laws affecting enforcement of creditors’ rights generally and by general principles of equity, regardless of whether such enforceability is considered in a proceeding in equity or at law.

  • Authorization of Agreement, Etc The Borrower has the right and power, and has taken all necessary action to authorize it, to borrow and obtain other extensions of credit hereunder. The Borrower and each other Loan Party has the right and power, and has taken all necessary action to authorize it, to execute, deliver and perform each of the Loan Documents to which it is a party in accordance with their respective terms and to consummate the transactions contemplated hereby and thereby. The Loan Documents to which the Borrower or any other Loan Party is a party have been duly executed and delivered by the duly authorized officers of such Person and each is a legal, valid and binding obligation of such Person enforceable against such Person in accordance with its respective terms except as the same may be limited by bankruptcy, insolvency, and other similar laws affecting the rights of creditors generally and the availability of equitable remedies for the enforcement of certain obligations (other than the payment of principal) contained herein or therein may be limited by equitable principles generally.

  • Authorization to Enter into Certain Transactions (a) The Trustees shall conduct the affairs of the Trust in accordance with and subject to the terms of this Trust Agreement. In accordance with the following provisions (i) and (ii), the Trustees shall have the authority to enter into all transactions and agreements determined by the Trustees to be appropriate in exercising the authority, express or implied, otherwise granted to the Trustees, under this Trust Agreement, and to perform all acts in furtherance thereof, including the following:

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