Common use of Money in Your Account May Be Held Until a Transaction is Completed Clause in Contracts

Money in Your Account May Be Held Until a Transaction is Completed. When you use your Card to pay for goods or services, certain merchants may ask us to authorize or “hold” the transaction in advance and may estimate the final purchase amount. Until such a transaction finally settles, you will not be able to use the money in your account that is “on hold.” We will only charge your account for the correct amount of the final transaction, however, and we will release any remaining amount when the transaction finally settles.

Appears in 7 contracts

Samples: Account Agreement, Account Agreement, Account Agreement

AutoNDA by SimpleDocs

Money in Your Account May Be Held Until a Transaction is Completed. When you use your Card to pay for goods or services, certain merchants may ask us to authorize or “hold” the transaction in advance and may estimate the final purchase amount. Until such a transaction finally settles, you will not be able to use the money in your account Account that is “on hold.” We will only charge your account Account for the correct amount of the final transaction, however, and we will release any remaining amount when the transaction finally settles.

Appears in 2 contracts

Samples: Prepaid Mastercard Cardholder Agreement, Prepaid Mastercard Cardholder Agreement

AutoNDA by SimpleDocs

Money in Your Account May Be Held Until a Transaction is Completed. When you use your Card or Account to pay for goods or services, certain merchants may ask us to authorize or “hold” the transaction in advance and may estimate the final purchase amount. Until such a transaction finally settles, you will not be able to use the money in your account that is “on hold.” We will only charge your account for the correct amount of the final transaction, however, and we will release any remaining amount when the transaction finally settles.purchase

Appears in 1 contract

Samples: Account Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.