Common use of Installment Billing Transactions Clause in Contracts

Installment Billing Transactions. If Merchant is so permitted by Bank, Merchant may offer Cardholders involved in Electronic Commerce Transactions or mail order/telephone order transactions an Installment Billing Transaction option. If Merchant offers an Installment Billing Option, Merchant must comply with the requirements set forth in the Operating Rules, including without limitation, those set forth or referred to at Visa International Operating Regulations, Chapter 6, under “Installment Billing Transaction Receipt Deposit – U.S. Region” and “Installment Billing Transaction Option – U.S. Region”.

Installment Billing Transactions. If Merchant is so permitted by Bank, Merchant may offer Cardholders involved in Electronic Commerce Transactions or mail order/telephone order transactions an Installment Billing Transaction option. If Merchant offers an Installment Billing Option, Merchant must comply with the requirements set forth in the Operating Rules, including without limitation, those set forth or referred to at in the Visa International Operating Regulations, Chapter 6, under Core Rulesand Visa Product and Services Rulesregarding “Installment Billing Transaction Receipt Deposit – U.S. Transaction‐U.S. Region” and “Installment Billing Transaction Option – U.S. Region.”.

Installment Billing Transactions. If Merchant is so permitted by Bank, Merchant may offer Cardholders involved in Electronic Commerce Transactions or mail order/telephone order transactions an Installment Billing Transaction option. If Merchant offers an Installment Billing Option, Merchant must comply with the requirements set forth in the Operating Rules, including without limitation, those set forth or referred to at Visa International Operating Regulations, Chapter 6, under “Installment Billing Transaction Receipt Deposit – U.S. Region” and “Installment Billing Transaction Option – U.S. Region”.