Merchant Transactions. Merchant represents and warrants to Processor and Bank, as of the Effective Date and as of the date of each transaction submitted under this Agreement: (a) Merchant and each transaction submitted by Merchant is fully compliant with all applicable Rules, Laws, and Policies; (b) each sales transaction represents a bona fide sale to a Cardholder of those goods and services set forth on the Merchant Application in the amount of the transaction submitted, free of any claim, demand, defense, or setoff; (c) each transaction was authorized by the Cardholder; (d) Merchant has produced and/or obtained all required transaction documentation accurately describing the goods and services; (e) each transaction submitted was accepted through the method set forth on the Merchant Application and approved by Processor (e.g. card present swipe, mail order, telephone order, internet, or other method); and (f) except as otherwise permitted under the Rules, that the products or services for each transaction have been delivered or performed to the customer’s satisfaction prior to the submission of such transaction.
Merchant Transactions. You can use your debit card to pay for purchases at any merchant location that accepts Mastercard® up to your individual daily limit. Direct Debiting of Your Account. When making a merchant purchase, you authorize us to debit your designated account for the total amount of the transaction as shown on any sales draft or withdrawal order originated by use of your debit card, whether or not you signed it, and we are permitted to handle such sales draft or withdrawal orders in the same way we handle checks drawn on your designated account, with the exception that you will have no right to stop payment. Prior Authorization Required. We may require the merchant or bank that honors your debit card to obtain prior authorization for any transaction over a certain dollar amount, which is set at our discretion and may be changed from time to time.
Merchant Transactions. We will not make cash refunds or any other refund regarding Card purchases. We also will not be liable if a merchant refuses to honor your Card. You must handle any claim or defense for a purchase directly with the merchant that accepted or refused to accept your Card. You may not assert disputes you may have with a merchant against us, as, for example, when you believe that the goods or services purchased with a Card were defective, not delivered, or not as promised. Any such dispute is solely between you and the merchant, and you must still pay the total amount of the sales draft plus any Fees or appropriate charges we may be authorized to make. Any merchant credit vouchers for returns or adjustments will be credited to your Designated Account when received by us. Umpqua may, in its sole discretion, attempt to facilitate a resolution with the merchant, but Umpqua will not be responsible for doing so, whether or not we make any efforts in that regard. In any event, Umpqua also reserves the right to deny authorization of any transactions.
Merchant Transactions. You can use your debit card to pay for purchases at any merchant location that accepts cards up to your individual daily limit. ▪ Direct Debiting of Your Account. When making a merchant purchase, you authorize us to debit your designated account for the total amount of the transaction as shown on any sales draft or withdrawal order originated by use of your debit card, whether or not you signed it, and we are permitted to handle such sales draft or withdrawal orders in the same way we handle checks drawn on your designated account, with the exception that you will have no right to stop payment. ▪ Prior Authorization Required. We may require the merchant or bank that honors your debit card to obtain prior authorization for any transaction over a certain dollar amount, which is set at our discretion and may be changed from time to time. ▪ Authorizations Result in Holds on Funds in Your Account. We reserve the right to place a hold on your designated account or any of your accounts with us based on the authorization prior to settlement (the actual posting of the transaction to your account). This could result in an overdraft if sufficient funds are not available in your account to cover both the hold and any checks or other items posting to the account. We will pay the purchase amount from your balance whenever the transactions posts, even if we have released the hold. The daily withdrawal limits using your debit card are the lesser of your available balance or $1,000.00 for point of sale pinned transactions processed as a debit transaction, $1,000.00 for point of sale signature-based transactions processed as a credit transaction, and $750.00 for ATM withdrawals. Higher limits may be available upon request. Some of these services may not be available at all terminals.
Merchant Transactions. Merchant represents and warrants to Processor and Bank, as of the Effective Date and as of the date of each transaction submitted under this Agreement: (a) Merchant and each transaction submitted by Merchant is fully compliant with all applicable Rules, Laws, and Policies; (b) each sales transaction represents a bona fide sale to a Cardholder of those goods and services set forth on the Merchant Application in the amount of the transaction submitted, free of any claim, demand, defense, or setoff; (c) each transaction was authorized by the Cardholder; (d) Merchant has produced and/or obtained all required transaction documentation accurately describing the goods and services; (e) each transaction submitted was accepted through the method set forth on the Merchant Application and approved by Processor (e.g. card present swipe, mail order, telephone order, internet, or other method); and
Merchant Transactions. You can also pay for purchases at VISA® merchants and other point of sale (POS) providers that have agreed to accept the card(s) and withdraw cash (if permitted by the merchant).
Merchant Transactions. You may use your Card to make purchases from any merchant who accepts Visa debit cards up to the available card balance. When you use your Card at a merchant, the merchant requests a preauthorization for the amount of the transaction. We will
Merchant Transactions. You can use your Debit Card to pay for purchases at any merchant location that accepts cards up to your individual daily limit.
Merchant Transactions. 5.1. The Customer hereby consents to the cession of the Merchant’s right, title and interest in each Purchase to First National Bank.
5.2. Although Merchants are bound by contract with First National Bank to honour all Purchases presented to them and to charge their normal cash prices to Customers, First National Bank does not warrant they will do so.
Merchant Transactions. 9.1. Some merchants will be linked to Patumba to enable customers to simultaneously transact with the merchant and purchase units into the Hobbiton Unit Trust. The identity of the merchants linked to Patumba will be available on the USSD Platform and the customers will have the option to purchase units into the Hobbiton Unit Trust simultaneously upon completing the transaction with the Merchant. This will mostly happen for investors using Point of Sale (PoS) machines.
