Approved Card definition

Approved Card means a Card which has been approved by PAYMARK for use within the System and which is able to be processed by Terminals. "Authorisation" means the process that occurs during a Point of Sale Transaction by which:

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Approved Card means a debit card or any other city-established form of electronic bus fare and ferry fare payment approved by the director.

Approved Card means any Payment Card (debit or credit) that the Bank may from time to time approve in writing.

Examples of Approved Card in a sentence

• If Purchaser permits Merchant to use a different payment card processor, the new processor shall become the Approved Card Processor.

• Purchaser shall have no obligation to refund or return the Amount Sold or any portion thereof to Merchant in the event that the Approved Card Processor or any other Receipts Custodian initiates a refund, credit, reversal, or chargeback of a transaction subject to this Agreement, as such adjustments typically are netted against future card volume.

• Merchant acknowledges that the Approved Card Processor will be acting on behalf of Purchaser to collect the Specified Percentage of Future Receipts.

• Merchant shall instruct such Approved Card Processor to remit each week to Purchaser the Specified Percentage of the Future Receipts for that week, and to remit the balance (less any fees charged by the Approved Card Processor) to Merchant.

• After this Agreement has been executed by P▇▇▇▇▇▇▇▇ and Merchant, Purchaser has the option in its sole and absolute discretion to conduct a processing trial (the “Processing Trial”) to determine whether the Specified Percentage will be correctly processed and/or reported by the Approved Card Processor to Purchaser.

• If the Lockbox Method is used, Merchant hereby authorizes Purchaser to initiate a lockbox arrangement and to instruct Merchant’s Approved Card Processor and Merchant’s invoiced customers/clients/vendees to deposit all sums due to Merchant from each of those parties directly to the Lockbox Account.

• Merchant agrees to process all of its payment card transactions through the Approved Card Processor, and not to switch to a different payment card processor or use an additional payment card processor without Purchaser’s express written consent.

• Under the Payment Card Split Method, Merchant shall exclusively use a single Approved Card Processor (defined below) to process all payments made by credit, debit, and other payment cards for Merchant’s goods and services.

• In order to ensure Merchant’s compliance with the terms of this Agreement, Merchant hereby grants Purchaser the right to enter, without notice, the premises of Merchant’s business for the purpose of inspecting and checking Seller’s transaction processing terminals to ensure the terminals are properly programmed to submit and or batch Merchant’s Future Receipts to its Approved Card Processor and to ensure that Merchant has not violated any other provision of this Agreement.

• Under the Payment Card Split Method, Merchant shall exclusively use a single Approved Card Processor (defined below) to process all payments made by credit, debit, and other payment cards for Merchant's goods and services.

More Definitions of Approved Card

Approved Card means any Visa, MasterCard, debit card, charge card or other payment mechanism that the payee supports from time to time as an acceptable payment method.

Approved Card means any Visa, MasterCard, debit card, PayPal or other payment mechanism that is supported by the Service from time to time as an acceptable payment method. Arrangement means any arrangement, understanding or agreement (whether formal or informal, whether in written, electronic or oral form) between You and any member of the Total Synergy User Community (other than Us) that arises out of or in connection with a Project or the use of the Service, including any agreement to supply or purchase goods or services. Benchmark Data means any data that is included in the Data Service.

Approved Card means a Card which has been approved by PAYMARK for use within the System and which is able to be processed by Terminals.

Approved Card means a card issued by a third party approved by Autotoll from time to time for use by the PRC Service Member to obtain the Services;

Approved Card means a Card which has been approved by Worldline for use within the System and which is able to be processed by Terminals. Authorisation means the process that occurs during a Point of Sale Transaction by which: (a) the System electronically verifies the Approved Card and the dollar amount of the Transaction to establish that the Card Issuer or Acquirer accepts the Transaction as a liability owed to the Merchant; and (b) if a PIN is offered by the Cardholder, the System electronically verifies the PIN which is applicable to the Card; and (c) if Cardholder signature verification is undertaken in accordance with clause 4.9, the Merchant has verified the Cardholder's identity in accordance with clause 4.9.

Approved Card means Visa Card or MasterCard or Discover card or any other cards that the Bank may approve from time to time.