EDC Terminal definition
Examples of EDC Terminal in a sentence
If you are using an EDC Terminal that reads the magnetic stripe on a Bank Card, you shall not print or display more information that than which is normally embossed on the front of the Bank Card.
You are not required to obtain an imprint of either legend if: you are an EDC Merchant and your EDC Terminal produces Sales Drafts and Credit Vouchers that contain the information specified in the Operating Rules; or The Bank Card Transaction is based on a mail or telephone order subject to Section 4.7 and Section 19 of these Additional Terms and Conditions or is a Preauthorized Order subject to Section 4.8 of these Additional Terms and Conditions.
If the Authorization Center grants Authorization, you shall type or legibly print the Authorization approval code 6.3. The exception set forth in Section 6.2(a) of these Additional Terms and Conditions shall not apply if the EDC Terminal or printer is not functioning or if your EDC Terminal does not read the magnetic stripe on the Bank Card.
Should the Merchant return the EDC -Terminal to a branch of the Bank, then the nearest Regional Office of the Electronic Banking and Merchant Division of the Bank (as stated on the Merchant Statements) must be informed by facsimile of such action.
If for any reason whatsoever the EDC Terminal is not functioning or cannot read and process the EPV Token Card, no EPV Transactions may be purchased by the Merchant.
If no EDC Terminal is provided to the Merchant in connection with the Mail Order/Telephone Order Acceptance, the Merchant shall seek Authorization from MBB and shall write, type or print legibly the Authorization approval code evidencing any Authorization so obtained on the Authorization Payment Form before the completion of such transaction.