Common use of Card Acceptance Clause in Contracts

Card Acceptance. When accepting a Card, Merchant will follow the steps provided by Servicers for accepting Cards and will: (a) Determine in good faith and to the best of its ability that the Card is valid on its face, and that the back of the Card is not disfigured or tampered with. (b) Obtain Authorization before completing any Card transaction. Where Authorization is obtained, Merchant will be deemed to warrant the true identity of the customer as the Cardholder. (c) Obtain an Imprint of the Card unless the Sales Draft is electronically generated from a swiped Card transaction or is the result of an Internet, mail, phone or preauthorized order. (d) If Merchant’s terminal is unable to read the magnetic stripe on the Card, Merchant will obtain an imprint of the Card and the Cardholder's signature on the imprinted draft before processing the Sales Draft. (e) Enter a description of the goods or services sold and the price thereof (including any applicable taxes) on the Sales Draft. (f) Refrain from writing any personal information of the Cardholder on the Sales Draft. (g) Obtain the Cardholder's signature on the completed Sales Draft and match that signature to the signature on the Card. (h) Deliver a true and completed copy of the Sales Draft to the Cardholder at the time of delivery of the goods or performance of the services, or if the Sales Draft is prepared by a point-of-sale terminal, at the time of the sale. (i) Offer the Sales Draft to Servicers for purchase according to the Servicers procedures and the terms of this Agreement. (j) Legibly reproduce without alteration of the original Card transaction receipt, the Cardholder’s name, account number, expiration date and Merchant’s name and place of business if that information is not legibly imprinted on the Sales Draft. Also, for MasterCard transactions, Merchant will legibly reproduce the name of the Card Issuer as it appears on the face of the Card.

Appears in 4 contracts

Samples: Merchant Credit Card Processing Agreement, Merchant Credit Card Processing Agreement, Merchant Credit Card Processing Agreement

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Card Acceptance. When accepting a Card, Merchant will follow the steps provided by Servicers for accepting Cards and will: (a) Determine in good faith and to the best of its ability that the Card is valid on its face, and that the back of the Card is not disfigured or tampered with. (b) Obtain Authorization before completing any Card transaction. Where Authorization is obtained, Merchant will be deemed to warrant the true identity of the customer as the Cardholder. (c) Obtain an Imprint of the Card unless the Sales Draft is electronically generated from a swiped Card transaction or is the result of an Internet, mail, phone or preauthorized order. (d) If Merchant’s terminal is unable to read the magnetic stripe on the Card, Merchant will obtain an imprint of the Card and the Cardholder's ’s signature on the imprinted draft before processing the Sales Draft. (e) Enter a description of the goods or services sold and the price thereof (including any applicable taxes) on the Sales Draft. (f) Refrain from writing any personal information of the Cardholder on the Sales Draft. (g) Obtain the Cardholder's ’s signature on the completed Sales Draft and match that signature to the signature on the Card. (h) Deliver a true and completed copy of the Sales Draft to the Cardholder at the time of delivery of the goods or performance of the services, or if the Sales Draft is prepared by a point-of-sale terminal, at the time of the sale. (i) Offer the Sales Draft to Servicers for purchase according to the Servicers procedures and the terms of this Agreement. (j) Legibly reproduce without alteration of the original Card transaction receipt, the Cardholder’s name, account number, expiration date and Merchant’s name and place of business if that information is not legibly imprinted on the Sales Draft. Also, for MasterCard Mastercard transactions, Merchant will legibly reproduce the name of the Card Issuer as it appears on the face of the Card.

Appears in 2 contracts

Samples: Merchant Processing Agreement, Merchant Processing Agreement

Card Acceptance. When accepting a CardCard for a face-to-face Transaction, Merchant will follow the steps provided by Servicers for accepting Cards Bank and SPS, and will: : (a) Determine Examine the Card for the Cardholder’s signature and if the Card is not signed, request identification to confirm that the Cardholder is the person he/she purports to be and determine in good faith and to the best of its ability that the Card is valid on its face, ; (b) Check the effective date (if any) and that the back expiration date of the Card is not disfigured or tampered with. Card, examine any card security features (bsuch as a hologram) included on the Card; and (c) Obtain Authorization before completing any Card transaction. Where Transaction (where Authorization is obtained, Merchant will be deemed to warrant the true identity of the customer as the Cardholder. ); (cd) Obtain an Imprint of the Card unless Unless the Sales Draft is electronically generated from a swiped Card transaction or is the result of an Internet, mail, phone telephone or preauthorized order. (d) If Merchant’s terminal is unable to read the magnetic stripe on , obtain an Imprint of the Card, Merchant will obtain an imprint of the Card and the Cardholder's signature on the imprinted draft before processing the Sales Draft. ; (e) Enter a description of the goods or services sold and the price thereof (including any applicable taxes); (f) As required by the Rules, obtain the Cardholder’s signature on the Sales Draft. (f) Refrain from writing any personal information of the Cardholder on the Sales Draft. (g) Obtain the Cardholder's signature on the completed Sales Draft and match compare that signature to the signature on the Card. ; (hg) Deliver a true and completed copy of the Sales Draft to the Cardholder at the time of delivery of the goods or performance of the services, or if the Sales Draft is prepared by a point-of-sale terminal, at the time of the sale. ; (ih) Offer Provide the Sales Draft to Servicers for purchase according to the Servicers procedures Cardholder following the purchase; and the terms of this Agreement. (ji) Legibly reproduce without alteration of the original Card transaction receipt, the Cardholder’s name, account number, expiration date date, and the Merchant’s name and place of business if that information is not legibly imprinted on the Sales Draft. AlsoIn addition, for MasterCard transactionsTransactions, Merchant will legibly reproduce the name of the Card Issuer as it appears on the face of the Card. Each Sales Draft presented to Bank for collection shall be genuine and will not be the result of any fraudulent Transaction or telemarketing sale and shall not be deposited on behalf of any business other than Merchant.

Appears in 2 contracts

Samples: Merchant Agreement, Merchant Agreement

Card Acceptance. When accepting a Card, Merchant Xxxxxxxx will follow the steps provided by Servicers IMS and its Bank for accepting Cards and will: (a) Determine in good faith and to the best of its ability that the Card is valid on its face, and that the back of the Card is not disfigured or tampered with. (b) Obtain Authorization before completing any Card transactionTransaction. Where Authorization is obtained, Merchant Xxxxxxxx will be deemed to warrant the true identity of the customer as the Cardholder. (c) Obtain an Imprint of the Card unless the Sales Draft is electronically generated from a swiped Card transaction or is the result of an Internet, mail, phone or preauthorized order. (d) If Merchant’s your terminal is unable to read the magnetic stripe on the Cardcard, Merchant you will obtain an imprint of the Card card and the Cardholder's cardholder’s signature on the imprinted draft before processing the Sales Draftsales draft. (e) Enter a description of the goods or services sold and the price thereof (including any applicable taxes) on the Sales Draft). (f) Refrain from writing any personal information of Obtain the Cardholder Cardholder’s signature on the Sales Draft. (g) Obtain the Cardholder's signature on the completed Sales Draft and match compare that signature to the signature on the Card. (hg) Deliver a true and completed copy of the Sales Draft to the Cardholder at the time of delivery of the goods or performance of the services, or if the Sales Draft is prepared by a point-of-sale terminal, at the time of the sale. (ih) Offer the Sales Draft to Servicers IMS’ Bank for purchase according to the Servicers Bank’s procedures and the terms of this Agreement. (ji) Legibly reproduce without alteration of the original Card transaction receipt, the Cardholder’s name, account number, expiration date and the Merchant’s name and place of business if that information is not legibly imprinted on the Sales Draft. Also, for MasterCard transactions, Merchant Xxxxxxxx will legibly reproduce the name of the Card Issuer as it appears on the face of the Card.

Appears in 1 contract

Samples: Merchant Agreement

Card Acceptance. When accepting a Card, Merchant will follow the steps provided by Servicers RMS for accepting Cards and will: (a) Determine in good faith and to the best of its ability that the Card is valid on its face, and that the back of the Card is not disfigured or tampered withvalid. (b) Obtain Authorization before completing any Card transactionTransaction. Where Authorization is obtained, Merchant will be deemed to warrant the true identity of the customer as the Cardholder. (c) Obtain an Imprint of the Card unless Unless the Sales Draft is electronically generated from a swiped Card transaction or is the result of an Internet, mail, phone or preauthorized orderorder obtain an Imprint of the Card. (d) If Merchant’s your terminal is unable to read the magnetic stripe on the Cardcard, Merchant you will obtain an imprint of the Card card and the Cardholder's cardholder’s signature on the imprinted draft before processing the Sales Draftsales draft. (e) Enter a complete description of the goods or services sold and the price thereof (including any applicable taxes) on the Sales Draft). (f) Refrain from writing any personal information of Obtain the Cardholder Cardholder’s signature on the Sales Draft. (g) Obtain the Cardholder's signature on the completed Sales Draft and match compare that signature to the signature on the Card. (hg) Deliver a true and completed copy of the Sales Draft to the Cardholder at the time of delivery of the goods or performance of the services, or if the Sales Draft is prepared by a point-of-sale terminal, at the time of the sale. (ih) Offer the Sales Draft to Servicers RMS for purchase according to the Servicers RMS’ procedures and the terms of this Agreement. (ji) Legibly reproduce without alteration of the original Card transaction receipt, the Cardholder’s name, account number, expiration date and the Merchant’s name and place of business if that information is not legibly imprinted on the Sales Draft. Also, for MasterCard transactions, Merchant will legibly reproduce the name of the Card Issuer as it appears on the face of the Card. (j) You are responsible for your employees’ actions.

Appears in 1 contract

Samples: Merchant Agreement

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Card Acceptance. When accepting a CardCard for a face-to-face Transaction, Merchant will follow the steps provided by Servicers for accepting Cards Bank and Paya, and will: : (a) Determine Examine the Card for the Cardholder’s signature and if the Card is not signed, request identification to confirm that the Cardholder is the person he/she purports to be and determine in good faith and to the best of its ability that the Card is valid on its face, ; (b) Check the effective date (if any) and that the back expiration date of the Card is not disfigured or tampered with. Card, examine any card security features (bsuch as a hologram) included on the Card; and (c) Obtain Authorization before completing any Card transaction. Where Transaction (where Authorization is obtained, Merchant will be deemed to warrant the true identity of the customer as the Cardholder. ); (cd) Obtain an Imprint of the Card unless Unless the Sales Draft is electronically generated from a swiped Card transaction or is the result of an Internet, mail, phone telephone or preauthorized order. (d) If Merchant’s terminal is unable to read the magnetic stripe on , obtain an Imprint of the Card, Merchant will obtain an imprint of the Card and the Cardholder's signature on the imprinted draft before processing the Sales Draft. ; (e) Enter a description of the goods or services sold and the price thereof (including any applicable taxes); (f) As required by the Rules, obtain the Cardholder’s signature on the Sales Draft. (f) Refrain from writing any personal information of the Cardholder on the Sales Draft. (g) Obtain the Cardholder's signature on the completed Sales Draft and match compare that signature to the signature on the Card. ; (hg) Deliver a true and completed copy of the Sales Draft to the Cardholder at the time of delivery of the goods or performance of the services, or if the Sales Draft is prepared by a point-of-sale terminal, at the time of the sale. ; (ih) Offer Provide the Sales Draft to Servicers for purchase according to the Servicers procedures Cardholder following the purchase; and the terms of this Agreement. (ji) Legibly reproduce without alteration of the original Card transaction receipt, the Cardholder’s name, account number, expiration date date, and the Merchant’s name and place of business if that information is not legibly imprinted on the Sales Draft. AlsoIn addition, for MasterCard transactionsMastercard Transactions, Merchant will legibly reproduce the name of the Card Issuer as it appears on the face of the Card. Each Sales Draft presented to Bank for collection shall be genuine and will not be the result of any fraudulent Transaction or telemarketing sale and shall not be deposited on behalf of any business other than Merchant.

Appears in 1 contract

Samples: Merchant Agreement

Card Acceptance. When accepting a Card, Merchant Xxxxxxxx will follow the steps provided by Servicers for accepting Cards and will: (a) Determine in good faith and to the best of its ability that the Card is valid on its face, and that the back of the Card is not disfigured or tampered with. (b) Obtain Authorization before completing any Card transaction. Where Authorization is obtained, Merchant Xxxxxxxx will be deemed to warrant the true identity of the customer as the Cardholder. (c) Obtain an Imprint of the Card unless the Sales Draft is electronically generated from a swiped Card transaction or is the result of an Internet, mail, phone or preauthorized order. (d) If MerchantXxxxxxxx’s terminal is unable to read the magnetic stripe on the Card, Merchant will obtain an imprint of the Card and the Cardholder's ’s signature on the imprinted draft before processing the Sales Draft. (e) Enter a description of the goods or services sold and the price thereof (including any applicable taxes) on the Sales Draft. (f) Refrain from writing any personal information of the Cardholder on the Sales Draft. (g) Obtain the Cardholder's ’s signature on the completed Sales Draft and match that signature to the signature on the Card. (h) Deliver a true and completed copy of the Sales Draft to the Cardholder at the time of delivery of the goods or performance of the services, or if the Sales Draft is prepared by a point-of-sale terminal, at the time of the sale. (i) Offer the Sales Draft to Servicers for purchase according to the Servicers procedures and the terms of this Agreement. (j) Legibly reproduce without alteration of the original Card transaction receipt, the Cardholder’s name, account number, expiration date and MerchantXxxxxxxx’s name and place of business if that information is not legibly imprinted on the Sales Draft. Also, for MasterCard Mastercard transactions, Merchant Xxxxxxxx will legibly reproduce the name of the Card Issuer as it appears on the face of the Card.

Appears in 1 contract

Samples: Merchant Processing Agreement

Card Acceptance. When accepting a Card, Merchant will follow the steps provided by Servicers for accepting must accept all Cards and will: (a) Determine complete all Card transactions in good faith and to accordance with the best of its ability that Operating Regulations. In the Card is valid on its face, and that the back of the Card is not disfigured or tampered with. (b) Obtain Authorization before completing any Card transaction. Where Authorization is obtained, Merchant will be deemed to warrant the true identity of the customer as the Cardholder. (c) Obtain an Imprint of the Card unless the Sales Draft is electronically generated from a swiped Card transaction or is the result of an Internet, mail, phone or preauthorized order. (d) If Merchant’s terminal event Processor for whatever reason is unable to read obtain, or due to system delays chooses not to wait to obtain, authorization from an Association, Processor may at its option "stand-in" for such entities and authorize the magnetic stripe sales transaction based on criteria established by Processor, and Merchant remains responsible for such sales transaction in accordance with this Agreement. Merchant has identified to Processor the Cardproducts and/or services for which it intends to accept Cards as payment. Merchant agrees that it shall only complete and deliver to Processor sales transactions produced as the direct result of bona fide sales made by Merchant to Cardholders for such identified products and/or services, unless otherwise agreed by Processor in writing 5. Transaction Processing. Processor or Member Bank will initiate payment to Merchant of the total face amount of each sales transaction acquired and accepted hereunder, subject to the terms and conditions of this Agreement, the Operating Regulations, and applicable law, after Processor receives payment for such sales transactions. Unless otherwise agreed to in writing by Processor, Merchant will obtain an imprint of shall electronically deliver to Processor and in a format acceptable to Processor all credit vouchers and sales transaction records within 2 business days after the Card and applicable transaction date (or such shorter period as determined by the Cardholder's signature on the imprinted draft before processing the Sales Draft. (e) Enter a description of the goods or services sold and the price thereof (including any applicable taxes) on the Sales Draft. (f) Refrain from writing any personal information of the Cardholder on the Sales Draft. (g) Obtain the Cardholder's signature on the completed Sales Draft and match that signature to the signature on the Card. (h) Deliver a true and completed copy of the Sales Draft to the Cardholder at the time of delivery of the goods or performance of the servicesAssociation), or if the Sales Draft is prepared by a point-of-sale terminal, at the time of the sale.except (i) Offer in the Sales Draft case of a delayed merchandise delivery, when the sales transaction record shall be delivered within 2 business days of the merchandise delivery or (ii) as specified otherwise in the Operating Regulations. Merchant agrees that it shall deliver sales transaction records to Servicers for purchase according Processor at least every business day. The preparation and delivery to Processor by Merchant of sales transactions shall constitute an endorsement to Processor by Merchant of each sales transaction, and Merchant authorizes Processor or its representative to place Merchant's endorsement on any sales transaction at any time. Processor may refuse to acquire any sales transaction or claim the amount of which, in whole or in part, it could charge back to the Servicers procedures and the terms of Merchant pursuant to this Agreement. (j) Legibly reproduce without alteration of , if it had acquired the original Card sales transaction receipt, the Cardholder’s name, account number, expiration date or claim. Merchant acknowledges and Merchant’s name and place of business if agrees that information Processor is not legibly imprinted on responsible for any action or inaction taken by the Sales Draft. Also, for MasterCard transactions, Merchant will legibly reproduce financial institution or other entity that issued the name Card(s) to the Cardholder or the processor of the Card Issuer as it appears on the face of the such Card.(

Appears in 1 contract

Samples: Bank Card Merchant Agreement (SlideBelts Inc.)

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