Common use of Payment Instruction by the Cardholder Clause in Contracts

Payment Instruction by the Cardholder. 3.1. Before paying with the Card, the Cardholder must check that the payment amount is correct. If a signature is required, the signature on the transaction form must match that on the back of the Card and on the original Card application. 3.2. By physically presenting the Card or providing the Card details to an Accepting Partner, and by verifying the transaction with a signature, PIN or password and mobileTan (for a VbV/MCSC transaction) if required, the Cardholder irrevocably instructs card complete to pay the Accepting Partner the amount owed. This instruction to card complete is immediately binding. 3.3. VbV and MCSC transactions fulfil the criterion of strong customer authentication (SCA).

Appears in 4 contracts

Samples: Framework Agreement for Employee Cards, Framework Agreement for Employee Cards, Framework Agreement for Employee Cards

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