Common use of Limited Acceptance Clause in Contracts

Limited Acceptance. User may elect to limit its acceptance to only certain types and/or brands of Cards. For example, User may elect to accept (or not accept) any or all of the following: Visa credit cards, Visa debit cards, Mastercard credit cards, and/or Mastercard debit cards. User may also elect to accept (or not accept) only consumer Cards, corporate Cards, fleet Cards, etc. User must clearly specify its election as to limited accepted options in writing on the User Application or in another form acceptable to Autobooks. User acknowledges that Autobooks has no obligation relating to limited acceptance other than as expressly provided under the Rules and applicable law, and that User—and not Autobooks—will be solely responsible for its limited acceptance implementation and to police Card types that it accepts and submits for processing at the point of sale. If User submits a Card Transaction for a Card type it has indicated it does not wish to accept, Autobooks may still process the Card Transaction and charge User any applicable fees, charges, and assessments associated with that Card Transaction.

Limited Acceptance. User may elect to limit its acceptance to only certain types and/or brands of Cards. For example, User may elect to accept (or not accept) any or all of the following: Visa credit cards, Visa debit cards, Mastercard credit cards, and/or Mastercard debit cards. User may also elect to accept (or not accept) only consumer Cards, corporate Cards, fleet Cards, etc. User must clearly specify its election as to limited accepted options in writing on the User Application or in another form acceptable to Autobooks. User acknowledges that Autobooks has no obligation relating to limited acceptance other than as expressly provided under the Rules and applicable law, and that User—-and not Autobooks—-will be solely responsible for its limited acceptance implementation and to police Card types that it accepts and submits for processing at the point of sale. If User submits a Card Transaction for a Card type it has indicated it does not wish to accept, Autobooks may still process the Card Transaction and charge User any applicable fees, charges, and assessments associated with that Card Transaction.