Common use of Stored Card Clause in Contracts

Stored Card. A solution where the Cardholder has registered with the Merchant with a username and password and in which Card Data is stored by the Merchant’s payment solution provider at the time of the first transaction. The Cardholder may subsequently complete Card Payments to the Merchant without entering Payment Card information, simply by entering the username, password and the Security Code. Transaction Currency The currency in which the Cardholder pays and which is stated on the Receipt. Transaction Data The data used to complete a Card Payment. These include Card Data and other information received in connection with the Card Payment, e.g. the transaction amount and Transaction Date. Transaction Date The date on which the transaction takes place. For Card Not Present-Transactions, the Transaction Date is the date on which the goods are dispatched or the service is delivered. ACQUIRING - TERMS AND CONDITIONS 4 / 21

Appears in 1 contract

Samples: www.nets.eu

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Stored Card. A solution where the Cardholder has registered with the Merchant Mer- chant with a username and password and in which Card Data is stored by the Merchant’s payment solution provider at the time of the first transaction. The Cardholder may subsequently complete com- plete Card Payments to the Merchant without entering Payment Card information, simply by entering the username, password and the Security Code. Transaction Currency The currency in which the Cardholder pays and which is stated on the Receipt. Transaction Data The data used to complete a Card Payment. These include Card Data and other information received in connection with the Card Payment, e.g. the transaction amount and Transaction Date. Transaction Date The date on which the transaction takes place. For Card Not Present-Transactions, the Transaction Date is the date on which the goods are dispatched or the service is delivered. ACQUIRING - TERMS AND CONDITIONS Acquiring – Terms and Conditions 4 / 2127

Appears in 1 contract

Samples: assets.ctfassets.net

Stored Card. A solution where the Cardholder has registered with the Merchant with a username and password and in which Card Data is stored by the Merchant’s payment solution provider at the time of the first transaction. The Cardholder may subsequently complete Card Payments to the Merchant without entering Payment Card information, simply by entering the username, password and the Security Code. Transaction Currency The currency in which the Cardholder pays and which is stated on the Receipt. Transaction Data The data used to complete a Card Payment. These include Card Data and other information received in connection with the Card Payment, e.g. the transaction amount and Transaction Date. Transaction Date The date on which the transaction takes place. For Card Not Present-Transactions, the Transaction Date is the date on which the goods are dispatched or the service is delivered. ACQUIRING - TERMS AND CONDITIONS Villkor 4 / 2123

Appears in 1 contract

Samples: Terms and Conditions

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Stored Card. A solution where the Cardholder has registered with the Merchant with a username and password and in which Card Data is stored by the Merchant’s payment solution provider at the time of the first transaction. The Cardholder may subsequently complete Card Payments to the Merchant without entering Payment Card information, simply by entering the username, password and the Security Code. Transaction Currency The currency in which the Cardholder pays and which is stated on the Receipt. Transaction Data The data used to complete a Card Payment. These include Card Data and other information received in connection with the Card Payment, e.g. the transaction amount and Transaction Date. Transaction Date The date on which the transaction takes place. For Card Not Present-Transactions, the Transaction Date is the date on which the goods are dispatched or the service is delivered. ACQUIRING - TERMS AND CONDITIONS Terms and Conditions for Acquiring Services 4 / 2123

Appears in 1 contract

Samples: www.nets.eu

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