Common use of Card Inspection Clause in Contracts

Card Inspection. When a Debit Account card is presented to Merchant as payment, prior to accepting payment thereby, Merchant must (i) verify by visual inspection that the person presenting a Debit Account card is in fact the cardholder pictured in the photo on that card; (ii) verify that the card is not visibly altered or mutilated; (iii) verify that the Identification Number on the card matches that printed on the receipt; (iv) verify that the card is signed in the same name as the name printed on the card; (v) complete a University-approved payment form and verify that the cardholder’s signature on the form reasonably matches the signature on the card; (vi) verify that Merchant has not been notified of the cancellation of the card. If University determines that Merchant has accepted a lost or stolen card, University shall not reimburse Merchant for that purchase. Merchant shall accept no payment by Bevo Bucks unless the cardholder presents the card in person at the time of purchase. If Merchant comes into possession of a Debit Account card that is lost or otherwise unclaimed, Merchant shall immediately deliver the card to University in accordance with the instructions printed on the back of the card.

Card Inspection. When a Debit Account card is presented to Merchant as payment, prior to accepting payment thereby, Merchant must (i) verify by visual inspection that the person presenting a Debit Account card is in fact the cardholder pictured in the photo on that card; (ii) verify that the card is not visibly altered or mutilated; (iii) verify that the Identification Number on the card matches that printed on the receipt; (iv) verify that the card is signed in the same name as the name printed on the card; (v) complete a University-approved payment form and verify that the cardholder’s signature on the form reasonably matches the signature on the card; (vi) verify that Merchant has not been notified of the cancellation of the card. If University determines that Merchant has accepted a lost or stolen card, University shall not reimburse Merchant for that purchase. Merchant shall accept no payment by Bevo Bucks Pay unless the cardholder presents the card in person at the time of purchase. If Merchant comes into possession of a Debit Account card that is lost or otherwise unclaimed, Merchant shall immediately deliver the card to University in accordance with the instructions printed on the back of the card.