Card Present Transaction definition

Card Present Transaction means a transaction between a Merchant and a Cardholder using a Card that is initiated at a payment terminal at a point-of-sale.

Card Present Transaction means a Payment Card Processing Transaction in which the Card is swiped through a terminal, register or other device, capturing the Card information encoded on the magnetic strip or Chip.

Card Present Transaction means any instance where a Card transaction is initiated by a Cardholder by presenting a physical Card to the Merchant.

Examples of Card Present Transaction in a sentence

• All transactions conducted via BML MobilePay including transactions conducted via entering the mobile number will be treated as Card Present Transaction.

• In the Card Present Transaction, Merchant will use its best efforts to reasonably and peaceably recover and retain any Card for which Merchant receives notification of cancellation, restrictions, theft or counterfeiting.

• The PIN must only be used for a Card Present Transaction where you are able to input the PIN directly to a Merchant terminal or for an ATM Transaction where you are required to input the PIN to the keypad of the ATM.

• All transactions conducted via BML Mobile Banking including transactions conducted via entering the mobile number will be treated as Card Present Transaction.

• Bank's/Certegy's Authorization Center shall authorize or decline a Card Present Transaction transmitted for authorization and shall capture and process for Merchant the information relating to the Card Present Transaction.

More Definitions of Card Present Transaction

Card Present Transaction means a face to face Transaction where the Cardholder and Nominated Card are present.

Card Present Transaction means card transaction made where the Cardholder physically presents the Debit Card when payment for the particular transaction is affected including but not limited to Retail Purchases.

Card Present Transaction means any Transaction where the Cardholder and their Nominated Card are present.

Card Present Transaction. Card payment transaction performed through the use of Terminals in the physical presence of the cardholder and his/her valid Card and includes contact or contactless card transactions.

Card Present Transaction means a Transaction in which the Cardholder, the Card used by the Cardholder for payment and the Merchant are all present at the same physical premises, including a Contactless Transaction;

Card Present Transaction means a transaction involving the purchase of goods or services made when an actual debit card is physically used to make a purchase.

Card Present Transaction means a transaction where the Credit Card, the Cardholder and the Merchant are present at the time the transaction is performed using Electronic Terminals and card Imprinter;