Normal Transaction definition

Normal Transaction means a Transaction in which the Card is swiped through or dipped in a terminal, register or other device, capturing the Card information encoded on the Card’s magnetic strip.
Sample 1Sample 2Sample 3
Normal Transaction means a Transaction in which the Card is swiped through a terminal, register or other device, capturing all of the necessary Card information encoded on the Card’s magnetic strip.
Sample 1
Normal Transaction means a Transaction in which the Card is swiped through or dipped in a terminal, register or other device, capturing the Card information encoded on the Card’s magnetic strip. “Pre-Authorized Recurring Order Transaction” means a Transaction that has been preauthorized by the Cardholder and for which the goods or services are to be delivered or performed in the future by Merchant without having to obtain approval from the Cardhold- er each time. “Qualified Transactions” means any Transaction categorized as such by the processor designated by Bank to settle Transactions with the Associations. “Rules” means all rules, regulations, by-laws, standards and procedures adopted and/or amended from time to time by the Associations (including, without limitation, the Payment Card Industry Data Security Standard), Bank and each relevant Issuer. “Services”means the transaction processing services described on the attached Schedule A,as the same may be amended from time to time by Bank, in its sole discretion. “Transaction” means the acceptance of a Card or information embossed on the Card for payment for goods sold and/orleased or services provided to CardholdersbyMerchantand receipt of payment from Bank,whetherthe Transaction is approved,declined,or processed as a Forced Sale. The term “Transaction” also includes credits, errors, returns and adjustments. “TransactionChargebackRatio,”for any given calendar month, means the number of Charge backs processed in that month divided by the total number of Transactions processed in that month.
Sample 1

Examples of Normal Transaction in a sentence

  • The Authorization Center shall authorize or decline a Normal Transaction transmitted for Authorization and shall capture and process for Merchant the information relating to the Normal Transaction.

  • Merchant shall submit each Normal Transaction for Authorization to the Authorization Center using the Equipment.

  • Merchant shall submit each Normal Transaction for Authorization to the Authorization Center using the equipment.

  • At the point of removal, the excise duty is paid on destination assessable value by following the principle of Normal Transaction Value under Section 4 of the Central Excise Act read with Rule 7 of the Central Excise Valuation (Determination of Price of Excisable Goods) Rules, 2000.

  • Although the source of the de- tection can come from a broad variety of sources, the imple- mentation of the detection in the database is through trusted countermeasure transactions.Isolation and Reconfiguration: Isolation is achieved via the damage markings and Normal Transaction Access Protocol.

  • Example of a Lonesome Demand and a Normal Transaction on the DASF 15Figure 2-3.

  • Foreign Exchange: Concept, Need, Difference between Foreign Exchange and Normal Transaction.

  • Normal Transaction Data Box DiagramThe boxplot above demonstrates the difference between the indicator data for normal and fraudulent transactions.

  • On the other hand, other researchers have shown great interest in understanding the relationship between characteristics of the entrepreneur and business performance [17, 21].

  • Normal Transaction Fees apply to the Accounts which you access using BML Internet Banking, BML Mobile Banking and BML MobilePay.


More Definitions of Normal Transaction

Normal Transaction means a Transaction in which the Card is swiped through or dipped in a terminal, register or other device, capturing the Card information encoded on the Card’s magnetic strip. “Pre-Authorized Recurring Order Transaction” means a Transaction that has been pre- authorized by the Cardholder and for which the goods or services are to be delivered or performed in the future by Merchant without having to obtain approval from the Cardholder each time.
Sample 1

Related to Normal Transaction

  • Retail transaction means the purchase of prepaid wireless telecommunications service from a seller for any purpose other than resale.

  • Capital Transaction means any transaction not in the ordinary course of business which results in the Company’s receipt of cash or other consideration other than Capital Contributions, including, without limitation, proceeds of sales or exchanges or other dispositions of property not in the ordinary course of business, financings, refinancings, condemnations, recoveries of damage awards, and insurance proceeds.

  • Interim Capital Transactions means the following transactions if they occur prior to the Liquidation Date: (a) borrowings, refinancings or refundings of indebtedness and sales of debt securities (other than Working Capital Borrowings and other than for items purchased on open account in the ordinary course of business) by any Group Member; (b) sales of equity interests by any Group Member (including the Common Units sold to the Underwriters pursuant to the exercise of their over-allotment option); and (c) sales or other voluntary or involuntary dispositions of any assets of any Group Member other than (i) sales or other dispositions of inventory, accounts receivable and other assets in the ordinary course of business, and (ii) sales or other dispositions of assets as part of normal retirements or replacements.

  • Fundamental Transaction shall have the meaning set forth in Section 5(e).