Lodging and Vehicle Rental Transactions. (a) Merchant must estimate and obtain Authorization for the amount of the Card transaction based upon the Cardholder’s intended length of stay or rental. Additional Authorization must be obtained and recorded for charges actually incurred in excess of the estimated amount. Some lodging Merchants are eligible to participate in VISA's Advanced Deposit Service Program. Merchants participating in this service must adhere to the Rules concerning the Advanced Deposit Service Program, as set forth by VISA.
Appears in 4 contracts
Samples: Processing Agreement, Processing Agreement, Processing Agreement
Lodging and Vehicle Rental Transactions. (a) Merchant must estimate and obtain Authorization for the amount of the Card transaction based upon the Cardholder’s intended length of stay or rental. Additional Authorization must be obtained and recorded for charges actually incurred in excess of the estimated amount. Some lodging Merchants are eligible to participate in VISA's ’s Advanced Deposit Service Program. Merchants participating in this service must adhere to the Rules concerning the Advanced Deposit Service Program, as set forth by VISA.
Appears in 3 contracts
Samples: Merchant Processing Agreement, Merchant Processing Agreement, Merchant Processing Agreement
Lodging and Vehicle Rental Transactions. (a) Merchant must estimate and obtain Authorization for the amount of the Card transaction Transaction based upon the Cardholder’s intended length of stay or rental. Additional Authorization must be obtained and recorded for charges actually incurred in excess of the estimated amount. Some lodging Merchants are eligible to participate in VISAVisa's Advanced Deposit Service Program. Merchants participating in this service must adhere to the Rules concerning the Advanced Deposit Service Program, Program rules as set forth by VISAVisa.
Appears in 1 contract
Samples: Merchant Agreement
