Credit a transaction. 4.2.1. The Merchant must only credit the Cardholder for a transaction for the purpose of voiding a previ- ous Card Payment in whole or in part, e.g. if the customer returns a purchased product. The credit transaction must be identifiable to the original transaction.
Credit a transaction. The Merchant must only credit the Cardholder for a transaction for the purpose of voiding a previous Card Payment in whole or in part, e.g. if the customer returns a purchased product. The credit transaction must be identifiable to the original transaction. Credits of purchases made using Payment Cards (previously accepted Card Payment) must always be credited to the Payment Card used for the purchase. The amount credited to the Cardholder must not exceed the total amount of the transaction. Credit transactions must be submitted electronically. The Merchant must provide a Receipt for the credit transaction to the Cardholder. Xxxxx will offset the total amount of the credit and any other costs against future settlements to the Merchant, or will prepare an invoice for the Merchant pertaining to the credit. Previously calculated transaction fees will not be refunded in connection with such credits.
Credit a transaction. The Merchant must only credit the Cardholder for a transaction for the purpose of voiding a previous Card Payment in whole or in part, e.g. if the customer returns a purchased product. The credit transaction must be identifiable to the original transaction. Credits of purchases made using Payment Cards (previously accepted Card Payment) must always be credited to the Pay- ment Card used for the purchase. The amount credited to the Cardholder must not exceed the total amount of the transaction. Credit transactions must be submitted electronically. The Mer- chant must provide a Receipt for the credit transaction to the Cardholder. Teller will offset the total amount of the credit and any other costs against future settlements to the Merchant, or will prepare an invoice for the Merchant pertaining to the credit. Previously calculated transaction fees will not be refunded in connection with such credits.
