Common use of Visa Check Card Clause in Contracts

Visa Check Card. You may use your Visa Check Card to purchase goods and ser- vices any place Visa is honored by participating merchants and merchants accepting the Card and PIN at point of sale (POS) terminals. Funds to cover your Card purchases will be deducted from the checking account. If the balance in the account is not sufficient to pay the transaction amount, we may treat the trans- action as an overdraft request pursuant to any overdraft protec- tion plan, or we may terminate all services under the BSA. Some merchants may permit you to initiate debit and bill payment transactions with your card using either the Visa network or an- other network shown on your card. We will honor your debit transactions processed by any of these networks. Depending on our authorization protocols and network availability, transactions processed over other networks may or may not re- quire you to use your PIN to validate a transaction. Generally, you enter your card number or swipe your card and provide or enter a PIN. You may instead be asked to sign a receipt or payment au- thorization. Provisions applicable only to Visa transactions (such as Visa’s zero liability protections) will not apply to non-Visa debit transactions and the liability rules for other EFTs in the section titled “Member Liability” will apply.

Appears in 1 contract

Samples: Business Service Agreement

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Visa Check Card. You may use your Visa Check Card to purchase goods and ser- vices services any place Visa is honored by participating merchants and merchants accepting the Card and PIN at point of sale (POS) terminals. Funds to cover your Card purchases will be deducted from the your checking account. If the balance in the your account is not sufficient to pay the transaction amount, we the Credit Union may treat the trans- action transaction as an overdraft request re- quest pursuant to any overdraft protec- tion protection plan, or we may terminate all services under the BSAthis Agreement. Some merchants may permit you to initiate debit and bill payment transactions with your card using either the Visa network or an- other another network shown on your card, such as the Alliance or Allpoint networks. We The Credit Union will honor your debit transactions processed by any of these networks. Depending on our authorization protocols Transactions processed over the Visa network do not require you to use your PIN to validate the transaction. Generally, you will sign a receipt, provide your card number (e.g. internet, mail, or telephone transactions), or swipe your card at a terminal. Also, there are certain protections and network availabilityrights such as the zero liability protections in the section Member Liability, transactions applicable only to Visa processed transactions. Transactions processed over other networks may or may not re- quire require you to use your PIN in order to validate a transaction. Generally, you enter your card number or swipe your card and provide or enter a PIN. You However, some merchants may instead be asked not require you to sign provide a receipt PIN, and may allow you to choose whether the transaction is processed by Visa or payment au- thorizationanother network. Provisions applicable only to Visa transactions (such as Visa’s zero liability protections) will not apply to non-Visa debit transactions and the liability rules for other EFTs in the section titled “Member Liability” will apply.

Appears in 1 contract

Samples: Member Service Agreement

Visa Check Card. You may use your Visa Check Card to purchase goods and ser- vices any place Visa is honored by participating merchants and merchants accepting the Card and PIN at point of sale (POS) terminals. Funds to cover your Card purchases will be deducted from the checking account. If the balance in the account is not sufficient to pay the transaction amount, we may treat the trans- action as an overdraft request pursuant to any overdraft protec- tion plan, or we may terminate all services under the BSAMSA. Some merchants may permit you to initiate debit and bill xxxx payment transactions with your card using either the Visa network or an- other network shown on your card. We will honor your debit transactions processed by any of these networks. Depending on our authorization protocols and network availability, transactions processed over other networks may or may not re- quire you to use your PIN to validate a transaction. Generally, you enter your card number or swipe your card and provide or enter a PIN. You may instead be asked to sign a receipt or payment au- thorization. Provisions applicable only to Visa transactions (such as Visa’s zero liability protections) will not apply to non-Visa debit transactions and the liability rules for other EFTs in the section titled “Member Liability” will apply.

Appears in 1 contract

Samples: Member Service Agreement

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Visa Check Card. You may use your Visa Check Card to purchase goods and ser- vices any place Visa is honored by participating merchants and merchants accepting the Card and PIN at point of sale (POS) terminals. Funds to cover your Card purchases will be deducted from the your checking account. If the balance in the your account is not sufficient to pay the transaction amount, we the Credit Union may treat the trans- action transaction as an overdraft request pursuant request. If the transaction is honored, you are obligated to reimburse us for the amount of the transaction and any overdraft protec- tion plan, or we may terminate all services under fees as specified in this Contract and the BSARate and Fee Disclosure. Some merchants may permit you to initiate debit and bill payment transactions with your card using either the Visa network or an- other network shown on your card. We The Credit Union will honor your debit transactions processed by any of these networks. Depending on our authorization protocols Transactions processed over the Visa network do not require you to use your PIN to validate the transaction. Generally, you will sign a receipt, provide your card number (e.g. internet, mail, or telephone transactions), or swipe your card at a terminal. Also, there are certain protections and network availabilityrights such as the zero liability protections in the section Member Liability, transactions applicable only to Visa processed transactions. Transactions processed over other networks may or may not re- quire require you to use your PIN in order to validate a transaction. Generally, you enter your card number or swipe your card and provide or enter a PIN. You However, some merchants may instead be asked not require you to sign provide a receipt PIN, and may allow you to choose whether the transaction is processed by Visa or payment au- thorizationanother network. Provisions applicable only to Visa transactions (such as Visa’s zero liability protections) will not apply to non-Visa debit transactions and the liability rules for other EFTs in the section titled “Member Liability” will apply.

Appears in 1 contract

Samples: Business Deposit Account Contract

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