Refund to cardholder Sample Clauses

Refund to cardholder a. In the event that the goods/services are returned or service is canceled or there is an adjustment in the price of goods/services, Party A sends a request for refund of the cardholder to Party B to credit the account for cardholders. Party A provides accurate and complete verification information at the request of Party B. b. The refund amount must not exceed the total transaction amount that has been recorded minus the successful amount. c. Party B has the right to request Party A to make payment back to Party B for the amount refunded to the cardholder (if any) in the following forms: deduction from the payment payable to Party A in the payment cycle next settlement or request Party A to remit the amount that Party B has refunded to the cardholder.
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Related to Refund to cardholder

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