Common use of Card Transaction Processing Clause in Contracts

Card Transaction Processing. User shall deliver all Card Transaction records electronically to Autobooks within the time frame required under the Rules, and shall retain such records for the period required by the Rules and applicable law. The preparation and delivery by User of Card Transactions shall constitute an endorsement and representation to Autobooks that each Card Transaction and all associated information submitted in connection therewith, is accurate, complete, and not misleading, and User authorizes Autobooks to place User’s endorsement on such Card Transaction. Autobooks reserves the right to refuse any Card Transaction that it reasonably suspects may be fraudulent or unauthorized, that may lead to chargebacks, or that may involve theft or unauthorized disclosure of Cardholder data. User is solely responsible for all Card Transactions submitted in connection with this Exhibit E, including but not limited to all acts, omissions, Cardholder disputes, and other Cardholder customer service-related issues. Autobooks is not responsible for any action or inaction taken by the financial institutions that issue Cards to Cardholders. Card Transactions will be settled through Bank or a third-party provider after Autobooks receives payment for such Card Transactions. Autobooks may, at any time and without prior written notice, suspend or cease providing any Card Processing Services if: (a) Autobooks reasonably suspects that User may be violating any applicable law, regulation, governmental or court order, or Rule, or that User’s use of the Card Processing Services (or the Card Processing Services themselves) may violate any of the foregoing;

Card Transaction Processing. User shall deliver all Card Transaction records electronically to Autobooks within the time frame required under the Rules, and shall retain such records for the period required by the Rules and applicable law. The preparation and delivery by User of Card Transactions shall constitute an endorsement and representation to Autobooks that each Card Transaction and all associated information submitted in connection therewith, is accurate, complete, and not misleading, and User authorizes Autobooks to place User’s 's endorsement on such Card Transaction. Autobooks reserves the right to refuse any Card Transaction that it reasonably suspects may be fraudulent or unauthorized, that may lead to chargebacks, or that may involve theft or unauthorized disclosure of Cardholder data. User is solely responsible for all Card Transactions submitted in connection with this Exhibit EB, including but not limited to all acts, omissions, Cardholder disputes, and other Cardholder customer service-related issues. Autobooks is not responsible for any action or inaction taken by the financial institutions that issue Cards to Cardholders. Card Transactions will be settled through Bank or a third-party provider after Autobooks receives payment for such Card Transactions. Autobooks may, at any time and without prior written notice, suspend or cease providing any Card Processing Services if: (a) Autobooks reasonably suspects that User may be violating any applicable law, regulation, governmental or court order, or Rule, or that User’s 's use of the Card Processing Services (or the Card Processing Services themselves) may violate any of the foregoing;; (b) User use of the Card Processing Services creates an undue financial, security, regulatory or other risk to Autobooks, the TPSP, Bank, or any Card Brands; or (c) such Card Processing Services are in connection with a Card Transaction that is high risk, outside of Autobooks' underwriting criteria, or likely to result in a chargeback.