Debit Transaction definition

Debit Transaction means any payment made or any amount charged for any goods, services and/or other benefits by, through or from the use of the Card in signature or by use of the PIN or in any other manner, regardless whether a sales draft or other voucher or form is signed by you and whether authorisation has been sought from us;
Sample 1Sample 2Sample 3
Debit Transaction means a Transaction where payment is made by debiting funds in an account which is authorised for access by the Cardholder’s Nominated Card.
Sample 1Sample 2Sample 3
Debit Transaction means any transaction that results in your account being debited of E- Money;
Sample 1Sample 2Sample 3

Examples of Debit Transaction in a sentence

  • If that merchant does not use a VISA® Network, your transaction will be processed as a Non-VISA® Debit Transaction that does not provide zero liability to you.

  • The decision to pay Xxxxx Transactions, or to return them unpaid, is made on the day that the Debit Transaction is presented to us.

  • Debit Transaction Fees are waived for each monthly statement cycle where the minimum daily account balance is $3,000 or more each day of the statement cycle.

  • Our decision to pay or return your Debit Transaction is based on funds available in your account and other factors (for example, whether there are any withdrawal limits applicable for the account).

  • The maximum amount of the Debit Transaction fees charged to the account is capped at $10.00 per statement cycle.


More Definitions of Debit Transaction

Debit Transaction means any transaction results in a debit.
Sample 1Sample 2Sample 3
Debit Transaction means a transaction effected under the Visa / MasterCard name / MyDebit, mark and logo through the use of the Card with PIN or Contactless or accompanied by the Cardmember’s signature
Sample 1Sample 2Sample 3
Debit Transaction means a transaction effected under MyDebit, mark and logo
Sample 1Sample 2Sample 3
Debit Transaction means a transaction effected under the Visa / Mastercard name /
Sample 1Sample 2Sample 3
Debit Transaction means any payment made out of Your Account or authorised as mentioned in Clauses 5.4, 5.5, 5.6. 5.7, 5.8 or
Sample 1Sample 2Sample 3
Debit Transaction means any authorised payment made out of your account by you
Sample 1Sample 2Sample 3
Debit Transaction means any transaction which results in a Debit of E-Money from your Account as verified by M-PESA system;
Sample 1Sample 2Sample 3