Common use of Merchant Transactions Clause in Contracts

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 place a hold on your Account for three days or until the transaction posts to your Account. If the preauthorized amount does not match the amount of the settling transaction, the hold may not be released until the three days expire. When using your Visa prepaid card at a merchant where a tip may be included (such as at a restaurant), your transaction may be authorized for an additional 20% above your total xxxx. However, the tip amount is at your discretion. The actual amount processed to your Card will not exceed the amount of the xxxx plus the tip added by you. In addition to restaurants, the types of merchants where a tip may be included are, among others, bars, taxis, beauty and xxxxxx shops, and health and beauty spas. When paying at the pump, simply insert your Card and follow the instructions. If you are unable to complete the transaction at the pump, proceed inside and pay the attendant prior to pumping. Additionally, certain automated fuel dispensing merchants may place a preauthorized hold of $75 on your Account prior to permitting you to dispense fuel. These preauthorizations may cause your Card to be declined.

Appears in 2 contracts

Samples: Cardholder Agreement, Cardholder Agreement

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Merchant Transactions. You may use your Card to make purchases from any merchant who accepts Visa debit cards Cards up to $5,000 per transaction. However, the available card balancemaximum aggregate amount for all purchases and cash withdrawals is $5,000 per day. You may set up reoccurring transactions if acceptable by the merchant. When you use your Card at a merchant, the merchant requests a preauthorization for the amount of the transaction. We will place a hold on your Account for three days or until the transaction posts to your Account. If the preauthorized amount does not match the amount of the settling transaction, the hold may not be released until the three days expire. When using your Visa prepaid card at a merchant where a tip may be included (such as at a restaurant), your transaction may be authorized for an additional 20% above your total xxxx. However, the tip amount is at your discretion. The actual amount processed to your Card card will not exceed the amount of the xxxx plus the tip added by you. In addition to restaurants, the types of merchants where a tip may be included are, among others, bars, taxis, beauty and xxxxxx shops, and health and beauty spas. When paying at the pump, simply insert your Card card and follow the instructions. If you are unable to complete the transaction at the pump, proceed inside and pay the attendant prior to pumping. Additionally, certain automated fuel dispensing merchants may place a preauthorized hold of $75 100 on your Account prior to permitting you to dispense fuel. These preauthorizations may cause your Card to be declined.

Appears in 1 contract

Samples: Acu Visa® Debit Prepaid Card Cardholder Agreement

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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 place a hold on your Account for three days or until the transaction posts to your Account. If the preauthorized amount does not match the amount of the settling transaction, the hold may not be released until the three days expire. When using your Visa prepaid card at a merchant where a tip may be included (such as at a restaurant), your transaction may be authorized for an additional 20% above your total xxxxbill. However, the tip amount is at your discretion. The actual amount processed to your Card will not exceed the amount of the xxxx bill plus the tip added by you. In addition to restaurants, the types of merchants where a tip may be included are, among others, bars, taxis, beauty and xxxxxx shops, and health and beauty spas. When paying at the pump, simply insert your Card and follow the instructions. If you are unable to complete the transaction at the pump, proceed inside and pay the attendant prior to pumping. Additionally, certain automated fuel dispensing merchants may place a preauthorized hold of $75 on your Account prior to permitting you to dispense fuel. These preauthorizations may cause your Card to be declined.

Appears in 1 contract

Samples: www.innovativecardservices.com

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