Card Not Present Transaction definition

Card Not Present Transaction means a transaction effected in a merchant environment where the Card Holder and the Visa Debit Card are not physically present at the time of usage. Typical Card-Not-Present Transactions include but are not limited to internet-based transactions, mail, telephone or facsimile orders or reservations or recurring payments.

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Card Not Present Transaction means a Card Transaction effected in a merchant environment where the cardmember and the card are not physically present at the time of usage. Typical Card Not Present Transactions include but are not limited to internet-based transactions, mail, telephone or facsimile orders or reservations or recurring payments;

Card Not Present Transaction means card payment(s) for purchase(s) without the need for

Examples of Card Not Present Transaction in a sentence

As to each Card Not Present Transaction, Merchant warrants to Bank that the person whose name is submitted to Bank as Cardholder either made or authorized another to make the purchase.
Further, a sales receipt or credit receipt which does not contain the information required pursuant to this Agreement and the Operating Regulations, including, without limitation, a Card Not Present Transaction, shall be subject to full recourse if the Cardholder continues to dispute the validity of the charge after the Bank has presented Your evidence of validity of the charge to the Cardholder.
If You, at any time, accept a Card Not Present Transaction without the prior approval of the Bank, the Bank may immediately terminate this Agreement and chargeback to You the value of all Transactions processed by the Bank from the date of this Agreement to the date of such termination.
Any Card Not Present Transaction accepted by the Bank shall, notwithstanding the prior authorization by the Bank, be accepted with full recourse and risk to You.
For a Card Not Present Transaction you must give the Cardholder a Transaction Receipt described in clause 14(i) above as soon as it is reasonably possible after one is requested by the Cardholder.

More Definitions of Card Not Present Transaction

Card Not Present Transaction means a transaction between a Merchant and a Cardholder using a Card that is not physically presented to the Merchant at the time of the transaction, such as transactions initiated over the Internet, telephone, through mail-order or fax.

Card Not Present Transaction or “CNP” mean a Point of Sale Transaction in which the Buyer uses a Card but is not present at the point of sale;

Card Not Present Transaction means a transaction involving the purchase of goods and/or services without the physical presentation of your card to the merchant (for example, online, by electronic device or mail).

Card Not Present Transaction means a transaction effected in a Merchant environment where You and the Singlife card are not physically present at the time of usage. Typical Card-Not-Present transactions include but are not limited to internet- based transactions, mail, telephone or facsimile orders or reservations or recurring payments;

Card Not Present Transaction has the meaning set forth in Section 4(a).

Card Not Present Transaction means any Transaction for which required data is not electronically captured by reading information encoded in or on the Card and includes without limitation mail order, telephone order and Internet Transactions.

Card Not Present Transaction means transaction payment without the Card being physically presented for the Merchant’s visual examination at the time that the payment for the transaction is effected including but not limited to online transactions, mail order and transactions via telephone.