Unacceptable Transactions. In addition to the restrictions set out above and in any event, the following transactions are unacceptable for Remote Check Deposit (Check 21 Plus) processing, and MERCHANT agrees not to submit any of the following transactions to SPS-EFT for processing: (a) MERCHANT shall not process any checks drawn on the personal checking account of MERCHANT or any of its agents or employees, (b) MERCHANT shall not accept any third party items for Remote Check Deposit (Check 21 Plus) processing or checks made payable to “cash” or “bearer”, (c) MERCHANT shall not submit for processing any transaction representing the financing of an existing obligation whether previously owed to MERCHANT, arising from the dishonor of a check or arising from a credit card, debit card or smart card dispute with the MERCHANT, (d) MERCHANT shall not submit a transaction for processing which represents an attempt to collect a chargeback, (e) MERCHANT shall not submit a check written for goods or services that are not concurrently provided to the customer, including any check given for a service contract, gift certificate, a layaway (except for the final payment) or for a similar transaction, or for goods or services provided to a third party, (f) MERCHANT shall not submit a check which contains erasures, or which is altered, unless the alteration is initialed by the customer at time of presentation, (g) MERCHANT shall not knowingly submit a check on an account which SPS-EFT previously denied authorization. MERCHANT’s submission of any of the above transactions for electronic processing may subject the MERCHANT to immediate suspension or termination, and all funds of MERCHANT, including those in MERCHANT’S account, may be placed on hold. This will also remove the Guarantee coverage from ALL checks.
Unacceptable Transactions. The merchant shall not process or deposit transactions with the Bank for any other merchant establishment who may or may not be the merchant with the Bank. The merchant will also not give cash advance by showing the transaction as a sale transaction. The Merchant will also nor force-settle any transactions, i.e. transactions for which online authorizations have not been taken. The merchant shall not accept payment from a cardholder to re-finance an existing debt.
Unacceptable Transactions. Merchant shall not process or deposit transactions with Asian Checkout for any other Third Party. Merchant will also not give cash advance by showing the transaction as a sale transaction. Merchant shall not accept payment from a Customer to re-finance an existing debt. ASIAN CHECKOUT reserves the right to discontinue the Collecting Service on these grounds and recover such amounts from Merchant in case it is exposed to losses due to chargeback or disputes (as described in 6.2.6).
Unacceptable Transactions. A Transaction is not an acceptable Transaction if in ANZ’s reasonable opinion the Cardholder justifiably:
Unacceptable Transactions. Merchant shall not process or deposit transactions with SAFE PAY INDIA for any other Third Party. Merchant will also not give cash advance by showing the transaction as a sale transaction. Merchant shall not accept payment from a Customer to re-financean existing debt. SAFE PAY INDIA reserves the right to discontinue the Collecting Service on these grounds and recover such amounts from Merchant in case it is exposed to losses due to chargeback ordisputes (as described in 6.2.6).
