Common use of PRE-AUTHORIZED PAYMENTS Clause in Contracts

PRE-AUTHORIZED PAYMENTS. Some merchants are subscribed to a service (Visa Account Updater) that automatically transfers pre-authorized payments from the old Card to the new issued Card. When the Card(s) expire, are lost or stolen, and new Cards are issued, relevant new Card’s data may be transferred to participating merchants. This service is to avoid interruption of a service or membership previously agreed upon between the Account Holder and the merchant. Please note that not all merchants are subscribed to the Visa Account Updater. It is the Account Holders’ responsibility to contact merchants with whom it has established preauthorized payments and ensure they have the relevant information for preauthorized payments. For more details, please contact your merchants.

Appears in 3 contracts

Samples: Agreement Governing the Use of the Laurentian Bank Visa Business Card, Agreement Governing the Use of the Laurentian Bank Visa Business Crevier Card, Agreement Governing the Use of the Laurentian Bank Visa Business Card

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PRE-AUTHORIZED PAYMENTS. Some merchants are subscribed to a service (Visa Account Updater) that automatically transfers pre-authorized payments from the your old Card card to the new issued Cardcard. When the Card(syour card(s) expire, are lost or stolen, and new Cards cards are issued, relevant new Cardcard’s data may be transferred to participating merchants. This service is to avoid interruption of a service or membership previously agreed upon between the Account Holder you and the merchant. Please note that not all merchants are subscribed to the Visa Account Updater. It is the Account Holders’ your responsibility to contact merchants with whom it has you have established preauthorized payments and ensure they have the relevant information for preauthorized payments. For more details, please contact your merchants.

Appears in 3 contracts

Samples: Cardholder Agreement, Agreement Governing the Use of the Laurentian Bank Visa Cards, Cardholder Agreement

PRE-AUTHORIZED PAYMENTS. Some merchants are subscribed to a service (Visa Account Updater) that automatically transfers pre-authorized payments from the Your old Card to the new issued Card. When the Your Card(s) expire, are lost or stolen, and new Cards are issued, relevant new Card’s data may be transferred to participating merchants. This service is to avoid interruption of a service or membership previously agreed upon between the Account Holder You and the merchant. Please note that not all merchants are subscribed to the Visa Account Updater. It is the Account Holders’ Your responsibility to contact merchants with whom it has You have established preauthorized payments and ensure they have the relevant information for preauthorized payments. For more details, please contact your Your merchants.

Appears in 1 contract

Samples: Agreement Governing the Use of Credit Cards

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PRE-AUTHORIZED PAYMENTS. Some merchants are subscribed to a service (Visa Account Updater) that automatically transfers pre-authorized payments from the Your old Card to the new issued Card. When the Your Card(s) expire, are lost or stolen, and new Cards are issued, relevant new Card’s data may be transferred to participating merchants. This service is to avoid interruption of a service or membership previously agreed upon between the Account Holder You and the merchant. Please note that not all merchants are subscribed to the Visa Account Updater. It is the Account Holders’ Your responsibility to contact merchants with whom it has You have established preauthorized payments and ensure they have the relevant information for preauthorized payments. For more details, please contact your Your merchants.

Appears in 1 contract

Samples: Credit Card Agreement

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