Sales Draft definition

Sales Draft means the paper form, whether electronically or manually imprinted, evidencing a sale Transaction.

Sales Draft means evidence of a purchase of goods or services by Cardholder from Merchant using a Card, regardless of whether the form of such evidence is in paper, electronic or otherwise, all of which must conform to Card Brand Rules.

Sales Draft means the relevant payment slips, forms or papers supplied by the Bank or any member institution of Visa International or MasterCard International to the Authorised Merchant for the purpose of recording, confirming and evidencing purchases of goods and/or services incurred by the Cardholder through the use of VISA/MASTERCARD CARD;

Examples of Sales Draft in a sentence

• Merchant will note upon the Sales Draft the words “deposit” or “balance” as appropriate.

• The Debit Card Sales Draft for which no refund or return will be accepted by Xxxxxxxx must be clearly and conspicuously marked (including on the Cardholder’s copy) as “final sale” or “no return” and must comply with the Rules.

• Merchant will not deposit the Sales Draft labeled “balance” until the goods have been delivered to Cardholder or Merchant has fully performed the services.

• Within three (3) calendar days of receipt of any written or verbal request by Bank, Merchant shall provide either the actual paper Sales Draft or a legible copy thereof, in size comparable to the actual Sales Draft, and any other documentary evidence available to Merchant and reasonably requested by Bank to meet Bank’s obligations under law (including its obligations under the Fair Credit Billing Act, 15 U.S.C. § 1601 et seq.) or otherwise to respond to questions concerning Cardholder accounts.

• If Bank requests a copy of a Sales Draft, credit voucher or other Transaction evidence, Merchant will provide it within three (3) business days following the request.

More Definitions of Sales Draft

Sales Draft means the paper form, approved in advance by Bank, whether such form is electronically or manually imprinted, evidencing a sale Transaction. “Transaction” means any sale of goods and services, or credit for such, from a Merchant for which Bank makes payment through the use of any Card and which is presented to Bank for collection.

Sales Draft means a receipt of acknowledgement provided to the Cardholder subsequent to a Transaction, which is a binding contract between Merchant and the Cardholder.

Sales Draft means an electronic record which is created to evidence purchase of goods or services by a Cardholder from BlueSnap using a Card that is in compliance with the Card Organization Rules.

Sales Draft means the paper form, whether electronically or manually imprinted (solely to the extent expressly permitted by the Rules), evidencing a Transaction.

Sales Draft means the paper form approved in advance by SPS, whether such form is electronically or manually imprinted, evidencing a sale Transaction.

Sales Draft means a charge form or draft evidencing the purchase by a Cardholder of goods or services at a Referred Merchant location, by use of a Credit Card.

Sales Draft means a paper or electronic record of a Sales Transaction in a form provided or approved by PRI.