Common use of Limited Acceptance Clause in Contracts

Limited Acceptance. If appropriately indicated herein, Merchant shall be a Limited Acceptance Merchant, which means that Merchant has elected to accept only certain Visa and Mastercard card types as indicated on the Merchant Application, or via later notification. The Visa or Mastercard Credit acceptance option on the Merchant Application refers to Visa Credit and Business transactions, and is what Mastercard refers to as “Other Card” transactions. Notwithstanding anything to the contrary in the Application, Merchant can elect (i) to accept only Visa or Mastercard non-PIN based debit/stored value/electronic benefit transactions (sometimes referred to as “signature debit” transactions, whether or not an actual signature is required), or (ii) to accept only Visa or Mastercard Credit transactions, or (iii) to accept all Visa or Mastercard Credit and signature debit transactions; provided,

Limited Acceptance. If appropriately indicated herein, Merchant shall be a Limited Acceptance Merchant, which means that Merchant has elected to accept only certain Visa and Mastercard card types as indicated on the Merchant Application, or via later notification. The Visa or Mastercard Credit acceptance option on the Merchant Application refers to Visa Credit and Business transactions, transactions and is what Mastercard refers to as “Other Card” transactions. Notwithstanding anything to the contrary in the Application, Merchant can elect (i) to accept only Visa or Mastercard non-PIN based debit/stored value/electronic benefit transactions (sometimes referred to as “signature debit” transactions, whether or not an actual signature is required), or (ii) to accept only Visa or Mastercard Credit transactions, or (iii) to accept all Visa or Mastercard Credit and signature debit transactions; provided,

Limited Acceptance. (a) If appropriately indicated hereinon the Merchant Application, Merchant shall be a Limited Acceptance Merchantlimited acceptance merchant, which means that Merchant has elected to accept only certain Visa and Mastercard card MasterCard Card types as indicated on the Merchant Application, or via later notification. The Visa or Mastercard Credit MasterCard credit acceptance option on the Merchant Application refers to Visa Credit credit and Business business transactions, and is what Mastercard MasterCard refers to as “Other Card” transactions. Notwithstanding anything to the contrary in the Merchant Application, Merchant can elect (i) to accept only Visa or Mastercard MasterCard non-PIN based debit/stored value/electronic benefit transactions (sometimes referred to as “signature debit” transactions, whether or not an actual signature is required), or (ii) to accept only Visa or Mastercard MasterCard Credit transactions, or (iii) to accept all Visa or Mastercard Credit and signature debit transactions; provided,or

Limited Acceptance. If appropriately indicated hereinon the Merchant Application, Merchant shall be a Limited Acceptance Merchantlimited acceptance merchant, which means that Merchant has elected to accept only certain Visa and Mastercard card MasterCard Card types as indicated on the Merchant Application, or via later notification. The Visa or Mastercard Credit MasterCard credit acceptance option on the Merchant Application refers to Visa Credit credit and Business business transactions, and is what Mastercard MasterCard refers to as “Other Card” transactions. Notwithstanding anything to the contrary in the Merchant Application, Merchant can elect (i) to accept only Visa or Mastercard MasterCard non-PIN based debit/stored value/electronic benefit transactions (sometimes referred to as “signature debit” transactions, whether or not an actual signature is required), or (ii) to accept only Visa or Mastercard MasterCard Credit transactions, or (iii) to accept all Visa or Mastercard Credit and signature debit transactions; provided,or