Charge Volume definition

Charge Volume means, with respect to each merchant, total transactions on American Express Cards less Chargebacks, credits owed by the merchant to American Express cardholders, and any other amounts owed to American Express by the merchant; and

Charge Volume means total U.S. dollar charges made on a Card, net of returns, and excluding cash advances, Fraudulent Transactions and any transactions that do not qualify for interchange under applicable Association rules.

Charge Volume means total U.S. dollar charges made on a Bank Commercial Card, net of returns, and excluding Large Ticket Transactions greater than 5% of Charge Volume, cash advances, convenience check amounts, fraudulent charges and any transactions that do not qualify for interchange under applicable Association rules.

Examples of Charge Volume in a sentence

• In the event your Charge Volume exceeds (1) $1,000,000 in a rolling twelve month period, or (2) $1,000,000 in any three consecutive months (“High CV Merchant”), American Express may convert you to a direct Card acceptance relationship.

• Gross Losses as a Percentage of Charge Volume and Fees [Gross Losses, divided by the aggregate amount of Charge Volume and Fees for the preceding Due Period]......

• The aggregate amount of Charge Volume and Fees for the preceding Due Period.....

• Computed yield as a percentage of Charge Volume and Fees [Yield Collections for the preceding Due Period divided by the aggregate amount of Charge Volume and Fees for the preceding Due Period].....

• Net Losses as a Percentage of Charge Volume and Fees [Net Losses, divided by the aggregate amount of Charge Volume and Fees for the preceding Due Period]......

• Credit Loss Rate = $50 (carried over net credit losses) + $3,000 (Net Credit Losses)$900,000 (Refund Eligible Net Charge Volume) Credit Loss Rate = 0.0034 2.

• Offsets on Travel IBA Refunds Example The following is an example of the quarterly activity for a Travel IBA: Step 1: Check if net credit losses on Travel IBA during the reporting period are greater than or equal to 30 basis points of refund eligible net charge volume.1. $900,000 (Refund Eligible Net Charge Volume) x 30 bp = $2,7002.

• Recovery rate [Recoveries, divided by the aggregate amount of Charge Volume and Fees for the preceding Due Period].....

• Computed Net Yield as a Percentage of Charge Volume and Fees [Yield Collections less Net Losses, divided by the aggregate amount of Charge Volume and Fees for the preceding Due Period].....

• Merchant may be converted from the American Express Program to a direct Card acceptance relationship with American Express if and when Merchant has either (i) greater than $1,000,000 in Charge Volume in a rolling twelve (12) month prior or (ii) greater than $1,000,000 in Charge Volume in any three (3) consecutive months (hereinafter High CV Merchant).

More Definitions of Charge Volume

Charge Volume means total US dollar charges made on a Contractor issued Credit Card, net of returns, and excluding Large Ticket Transactions, cash advances, convenience check amounts, and fraudulent charges.