Common use of Required on all Transactions Clause in Contracts

Required on all Transactions. You will obtain a prior authorization via electronic terminal, gateway, mobile device or other similar device before completing any transaction. You will follow any instructions received during the authorization process. Upon receipt of authorization, You shall consummate only the transaction authorized and must note on the Sales Draft the authorization number. If You receive a negative response to your request for authorization, You shall not complete the Sale and You may be requested to recover the Card. Transactions will be deemed invalid on, and You shall not process or accept, Cards that are expired, whether or not an Authorization has been obtained. For electronic commerce transactions, You must attempt to obtain the Card expiration date and forward it as part of the authorization request.

Appears in 2 contracts

Samples: Merchant Processing Agreement, Merchant Processing Agreement

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Required on all Transactions. You will obtain a prior authorization via electronic terminal, gateway, mobile device terminal or other similar device before completing any transaction. You will follow any instructions received during the authorization process. Upon receipt of authorization, You shall you may consummate only the transaction authorized and must note on the Sales Draft the authorization number. Where authorization is obtained, you will be deemed to warrant the true identity of the customer as the Cardholder. If You you receive a negative response to your request for authorization, You shall you may not complete the Sale sale and You you may be requested to recover the Card. Transactions will be deemed invalid on, and You shall not process or accept, on Cards that are expired, whether or not an Authorization has been obtained. For electronic commerce transactions, You you must attempt to obtain the Card expiration date and forward it as part of the authorization request.

Appears in 1 contract

Samples: Merchant Processing Agreement (Gab AI Inc)

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Required on all Transactions. You will obtain a prior authorization via electronic terminal, gateway, mobile device terminal or other similar device before completing any transaction. You will follow any instructions received during the such authorization process. Upon receipt of authorization, You shall you may consummate only the transaction authorized and must note on the Sales Draft the authorization number. If You receive a negative response Where authorization is obtained, you will be deemed to your request for authorization, You shall not complete warrant the Sale and You may be requested to recover true identity of the Cardcustomer as the Cardholder. Transactions will be deemed invalid on, and You shall not process or accept, on Cards that are expired, whether or not an Authorization authorization has been obtained. For electronic commerce transactions, You you must attempt to obtain the Card expiration date and forward it as part of the authorization request.

Appears in 1 contract

Samples: Merchant Processing Agreement (Nbo Systems Inc)

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