Unauthorized Transaction Clause Samples
The Unauthorized Transaction clause defines the procedures and responsibilities related to transactions made without proper authorization. Typically, it outlines how parties should report any suspected unauthorized activity, the timeframe for notification, and the process for investigating and resolving such incidents. This clause serves to protect parties from liability for fraudulent or mistaken transactions and ensures a clear process for addressing and rectifying unauthorized actions.
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Unauthorized Transaction. An “Unauthorized Transaction” occurs when funds are sent from your Card that you did not authorize and did not benefit you. If you give someone the Card and give them permission to use it, you will be responsible for all transactions conducted by them on with the Card even if they conducted more transactions than you authorized, unless you notified us that transactions by that person are no longer authorized.
Unauthorized Transaction. If you suspect that an incorrect or unauthorised payment has been made using our payment initiation services you must contact us as soon as possible by ▇▇▇.▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇.▇▇▇.
Unauthorized Transaction. Where redemption of your Cryptocurrencies is initiated from your FUMBI Profile using your credentials, we will assume that you authorized such transaction, unless you notify us through your FUMBI Profile otherwise. If you believe you did not authorize a particular redemption (“Unauthorized Transaction”), you must notify us as soon as possible and in any case no later than six (6) hours after the relevant Redemption Request was sent from your FUMBI Profile. It is important that you regularly check your FUMBI Profile to ensure any Unauthorized Transactions are identified and notified to us at the earliest possible opportunity. We are not responsible for any claim for Unauthorized Transaction unless you have notified us thereof in accordance with this Section.
Unauthorized Transaction. An “Unauthorized Transaction” occurs when your Loan Card or Card Account has been used without your authorization and such use did not benefit you. You agree to immediately notify us by calling Synapse at +1 (415) 993- 4301 or emailing Synapse at ▇▇▇▇@▇▇▇▇▇▇▇▇▇.▇▇▇, if you believe your Loan Card or Card Account has been used without your permission. You will not be liable for unauthorized use of your Loan Card that occurs after you notify us and, in any case, your liability for unauthorized use will notexceed $50.00 (unless MasterCard Zero Liability protection applies). If you give someone your Loan Card and give them permission to use it, you will be responsible for all transactions conducted by them with the Loan Card even if they conducted more transactions than you authorized, unless you notified us that transactions by that person are no longer authorized.