Card Not Present Transactions definition

Card Not Present Transactions means an order for services where the Card or the Cardholder is not physically present at Access Paysuite’s premises at the time of the Transaction, and includes Electronic Commerce Transactions;
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Card Not Present Transactions means transactions effected in a merchant environment where the Cardholder 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.
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Card Not Present Transactions are Transactions completed where both the Cardholder and Card are not present at the point of sale and include mail orders, telephone and fax orders and Ecommerce Transactions.
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Examples of Card Not Present Transactions in a sentence

  • Regardless of whether Merchant has been approved by Provider for Card Not Present Transactions, Merchant assumes all responsibility for identification of the Cardholder and the validity of the Card information for Card Not Present Transactions.

  • If Merchant accepts Card Not Present Transactions without such approval, Servicers may, in addition to any other rights they may have under this Agreement, establish a Chargeback reserve account to protect them from risk of loss.

  • If Merchant has not requested any Gateway Services from PSiGate but is authorized to accept and process Card Not Present Transactions through a third party payment gateway, Merchant must inform Servicers of such third party payment gateway, any processing software, shopping cart, Web Site host, or other service provider (collectively “Third Party Gateway Service Providers”).

  • The following provisions apply to both Card Present Transactions and Card Not Present Transactions, unless otherwise specified.

  • Statements in respect of Card Not Present Transactions must be made in accordance with these Payment Terms.

  • The statement must be displayed at each public entrance to Your premises and (except for Card Not Present Transactions) at each point of sale.

  • DBS may set different Card Limits for signature-based Card Transactions, PIN-based Card Transactions and Card Not Present Transactions.

  • The Card Limit will apply to all Point of Sale Transactions and/or Card Not Present Transactions.

  • NOT-PRESENT TRANSACTIONS We may, in our discretion and without giving prior notice approve or authorise Card Not Present Transactions in which event you shall be liable for all Card Not Present Transactions effected through the use of your Card for any reason.

  • Merchant shall retain a copy of all Sales Drafts and Credit Vouchers for customer present transactions and electronically approved authorizations for all Card Not Present Transactions for at least three (3) years after the date of the Card transaction.


More Definitions of Card Not Present Transactions

Card Not Present Transactions means transactions that are carried out when either one or two of the parties in a card transaction are absent.
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Card Not Present Transactions means transactions that are carried out when either one or two of the parties in a card transaction are absent. “Charges” means amounts charged and/or levied on a Card Account including but not limited to the joining fees, Annual Subscriptions Fees and other Card fees, cost bills, liquidated damages, together with interest accrued and accruing.
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Card Not Present Transactions means the ability to process a Member’s Card payments via the internet or via other non-face-to-face Transactions.
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Related to Card Not Present Transactions

  • Card Transactions means the value of goods and services purchased by means of the Card, and evidenced by sales receipt, or cash withdrawals effected with his Card, or at any point of sale.

  • Card Transaction means any purchase of goods and/or services or any transfer or cash advances effected by the use of a Card;

  • Payment Transaction means an act, initiated by the payer or on his behalf or by the payee, of placing, transferring or withdrawing funds, irrespective of any underlying obligations between the payer and the payee;

  • Transaction means the transactions contemplated by the Transaction Documents.

  • Subsequent Transaction has the meaning set forth in Section 1.08.

  • Credit Card Notifications has the meaning provided in Section 6.13(a)(i).

  • Co-Investment Transaction means any transaction in which a Regulated Fund (or its Wholly-Owned Investment Sub (defined below)) participated together with one or more Affiliated Funds and/or one or more other Regulated Funds in reliance on the Order.

  • FX Transaction means any transaction for the purchase by one party of an agreed amount in one Currency against the sale by it to the other party of an agreed amount in another Currency.

  • Potential Co-Investment Transaction means any investment opportunity in which a Regulated Fund (or its Wholly-Owned Investment Sub) could not participate together with one or more Affiliated Funds and/or one or more other Regulated Funds without obtaining and relying on the Order.