Electronic Transmission. If Merchant utilizes electronic authorization and/or data capture equipment and/or services; Merchant will enter the data related to a Sales or Return transaction into a computer terminal or magnetic stripe reading terminal and transmit daily transactions to the Bank (or its duly assigned processor) no later than the close of business on the date the transactions are completed (unless otherwise permitted by the Rules). Failure to do so may result in the assessment of transaction penalties.
Appears in 9 contracts
Samples: Merchant Processing Agreement Terms and Conditions, Merchant Processing Agreement Terms and Conditions, Merchant Processing Agreement Terms and Conditions
Electronic Transmission. If Merchant utilizes electronic authorization and/or or data capture equipment and/or or services; , Merchant will enter the data related to a Sales or Return transaction Transaction into a computer terminal or magnetic stripe reading terminal and transmit daily transactions Transactions to the Company or Bank (or its duly assigned processor) no later than the close of business on the date day the transactions Transactions are completed (unless otherwise permitted by the Rules). Failure to do so may result in the assessment of transaction Transaction penalties.
Appears in 4 contracts
Samples: Merchant Processing Agreement Terms and Conditions, Merchant Processing Agreement, Merchant Processing Agreement
Electronic Transmission. If Merchant utilizes electronic authorization and/or or data capture equipment and/or or services; , Merchant will enter the data related to a Sales or Return transaction Transaction into a computer terminal or magnetic stripe reading terminal and transmit daily transactions Transactions to the Bank (or its duly assigned processor) no later than the close of business on the date day the transactions Transactions are completed (unless otherwise permitted by the Rules). Failure to do so may result in the assessment of transaction Transaction penalties.
Appears in 3 contracts
Samples: Merchant Processing Agreement, Merchant Processing Agreement, Merchant Processing Agreement
Electronic Transmission. If Merchant utilizes electronic authorization and/or data capture equipment and/or services; Merchant will enter the data related to a Sales or Return transaction into a computer terminal or magnetic stripe reading terminal and transmit daily transactions to the Bank Service Provider (or its duly assigned processor) no later than the close of business on the date the transactions are completed (unless otherwise permitted by the Rules). Failure to do so may result in the assessment of transaction penalties.
Appears in 3 contracts
Samples: Merchant Processing Agreement Terms and Conditions, Merchant Processing Agreement Terms and Conditions, Merchant Agreement
Electronic Transmission. If Merchant utilizes electronic authorization and/or data capture equipment and/or services; Merchant will enter the data related to a Sales s ales or Return transaction return T ransaction into a computer terminal or magnetic stripe reading terminal and transmit daily transactions Transactions to the Bank Service Provider (or its duly assigned processor) no later than the close of business on the date the transactions T ransactions are completed (unless otherwise permitted by the Rules). Failure to do so may result in the assessment of transaction Transaction penalties.
Appears in 2 contracts
Samples: Merchant Processing Agreement Terms and Conditions, Merchant Processing Agreement Terms and Conditions
Electronic Transmission. If Merchant utilizes electronic authorization and/or data capture equipment and/or services; , Merchant will enter the data related to a Sales sales or Return transaction return Transaction into a computer terminal or magnetic stripe reading terminal and transmit daily transactions Transactions to the Bank Service Provider (or its duly assigned processor) no later than the close of business on the date the transactions Transactions are completed (unless otherwise permitted by the Rules). Failure to do so may result in the assessment of transaction penaltiesan Assessment.
Appears in 2 contracts
Samples: Merchant Processing Agreement Terms and Conditions, Merchant Processing Agreement Terms and Conditions
Electronic Transmission. If Merchant utilizes electronic authorization and/or data capture equipment and/or services; Merchant will enter the data related to a Sales s ales or Return transaction r eturn T ransaction into a computer terminal or magnetic stripe reading terminal and transmit daily transactions Transactions to the Bank Service Provider (or its duly assigned processor) no later than the close of business on the date the transactions T ransactions are completed (unless otherwise permitted by the Rules). Failure to do so may result in the assessment of transaction penaltiesPenalties.
Appears in 1 contract
Electronic Transmission. If Merchant utilizes electronic authorization Authorization and/or data capture equipment and/or services; , Merchant will enter the data related to a Sales Transaction or Return transaction returned Transaction into a computer terminal or magnetic stripe stripe/Chip reading terminal and transmit daily transactions Transactions to the Bank ISO (or its duly assigned processor) no later than the close of business on the date the transactions Transactions are completed (unless otherwise permitted by the Rules). Failure to do so may result in the assessment of transaction Transaction penalties.
Appears in 1 contract
Samples: Merchant Processing Agreement
Electronic Transmission. If Merchant utilizes electronic authorization and/or data capture equipment and/or services; Merchant will enter the data related to a Sales s ales or Return transaction r eturn Transaction into a computer terminal or magnetic stripe reading terminal and transmit daily transactions Transactions to the Bank Service Provider (or its duly assigned processor) no later than the close of business on the date the transactions Transactions are completed (unless otherwise permitted by the Rules). Failure to do so may result in the assessment of transaction Transaction penalties.
Appears in 1 contract