Contactless Technology definition

Contactless Technology means any technology which allows the transfer of Charge Data from a Chip Card or Mobile Device to a point of sale terminal on a contactless basis in respect of an In Person Charge. Covered Parties means any or all of your employees, agents, representatives, subcontractors, Processors, providers of your point of sale equipment or systems or payment processing solutions, and any other party to whom you may provide Cardmember Information access in accordance with this Agreement. Credit means the amount of the Charge that you refund to Cardmembers for purchases or payments made using a Card.

Contactless Technology means the technology identified as Visa payWave on accessible devices which allows the authorized representative to make a payment using the Visa Desjardins card at participating merchants for max- imum purchases between $50 and $150 depending on merchant specifications; the transaction is carried out by simply “waving” the card or an eligible mobile device in front of the accessible device, without having to sign a transaction slip or enter a Visa Desjardins PIN in an accessible device.

Contactless Technology means any technology which allows the transfer of Charge Data from a Chip Card or Mobile Device to a point of sale terminal on a contactless basis in respect of an In Person Charge. Customer Activated Terminal (CAT) means an unattended point of sale system (e.g. a ‘pay at pump’ fuel dispenser or a vending machine). Digital Delivery Transaction occurs when goods or services are ordered online and/or digitally delivered (e.g. images, applications or software downloads). Digital Order occurs when a Charge Data is taken via a website payment page, over the internet, e-mail, intranet, extranet or other digital network in payment for goods and services. This includes Internet Charges and Application Initiated Charges.

Examples of Contactless Technology in a sentence

• Subject to certain restrictions and limits, this allows you to enter into Card Transactions, with selected Merchants, without the requirement to enter your PIN, OTP or to sign, except where required for security reasons.Card Transactions effected via a Contactless Technology feature will be subject to any applicable maximum value per transaction (currently AED 100), any maximum number of transactions per day and any maximum cumulative value of transactions per day.

• The Chip may be accepted by certain Terminals and where a Terminal does not accept the Chip, you may be able to effect Card Transactions by using the magnetic strip or Contactless Technology feature instead.

• Card Transactions effected via a Contactless Technology feature will be subject to any applicable maximum value per transaction (currently AED 100), any maximum number of transactions per day and any maximum cumulative value of transactions per day.

• Such limits may not be within ADCB’s control, and neither ADCB nor its Affiliates shall be responsible for any Liability arising out of such limits (or changes thereto) or the inability to effect a Card Transaction via the Contactless Technology feature due to such limits (or changes thereto).

• The document is part of eEurope TB6 Contactless Technology trailblazer / ‘SINCE’ IST project, which has three mains goals: ⇒ Promote the proliferation of contactless technology⇒ Harmonise the contactless infrastructure and ensure the interoperability of systems⇒ Stimulate the use of contactless technology through education The interoperability of contactless products and systems is essential if the market for this technology is to be expended.

• In order to effect a Card Transaction and depending on the particulars of the transaction, you may be required to do any one or more of the following:• enter a PIN or an OTP when prompted;• physically sign for a Card Transaction;• use a Contactless Technology feature; and/or• any other actions required by ADCB from time to time.

• Contactless Technology means transaction conducted by taping the Card at the POS terminal which can be processed without PIN.

• Contactless Technology External Ca rd Marking 5Provides Human Readable Association to Elect ronic Identities 400- Combo Contact and Contactless Ordering GuideIn most cases Crescendo credentials are the ideal combination of contact and contactless technologies (see page 9).

• Surveys report improving the consumer experience is the key factor for success in Contactless Technology.

• The Card is a method of payment without cash, using payment terminal at the point of sale, using Contactless Technology (within the limit defined by such technology), Payment Application (within the limitations set forth by the Payment Application provider) or via Internet.

More Definitions of Contactless Technology

Contactless Technology means the technology identified as Visa payWave on accessible devices which allows the authorized representative to make a payment using the Visa Desjardins card at participating merchants for maximum purchases between $50 and $150 depending on merchant specifications; the transaction is carried out by simply “waving” the card or an eligible mobile device in front of the accessible device, without having to sign a transaction slip or enter a Visa Desjardins PIN in an accessible device.

Contactless Technology means any technology which allows the transfer of Charge Data from a Chip Card to a point of sale terminal on a contactless basis in respect of an In Person Charge.

Contactless Technology means any technology which allows the transfer of Charge Data from a Chip Card or Mobile Device to a point of sale terminal on a contactless basis in respect of an In Person Charge. Covered Parties means any or all of your employees, agents, representatives, subcontractors, Processors, providers of your point of sale equipment or systems or payment processing solutions, and any other party to whom you may provide Cardmember Information access in accordance with this Agreement. Credit means the amount of the Charge that you refund to Cardmembers for purchases or payments made using a Card. Credit Record means a record of a Credit that complies with our requirements (see Schedule A, paragraph 1.a(iii)). Customer Activated Terminal (CAT) means an unattended point of sale system (e.g. a ‘pay at pump’ fuel dispenser or a vending machine). Delayed Delivery Charge means a single purchase for which you must create and submit two separate Charge Records. The first Charge Record is for the deposit or down payment, and the second Charge Record is for the balance of the purchase. Digital Delivery Transaction occurs when goods or services are ordered online or digitally and digitally delivered (e.g. images, apps or software downloads). Digital Order occurs when Charge Data is taken via a website payment page, over the internet, e-mail, intranet, extranet or other digital network in payment for goods or services. This includes Internet Charges and Application Initiated Charges.

Contactless Technology technology identified as Visa payWave on the point-of- sale equipment which allows a cardholder to make a payment using the VISA Desjardins card at participating merchants for maximum purchases between fifty dollars ($50) and one hundred fifty dollars ($150) based on merchant specifications; the transaction is carried out by simply “waving” the VISA card in front of the point-of-sale equipment, without having to sign a transaction slip or enter a VISA Desjardins PIN number in an accessible device;