Sales Record definition

Sales Record. A record, whether paper or electronic, which is used to evidence Travel Costs purchased by a Cardholder through the use of a Card.
Sales Record means all documents, whether in hard copy or electronic form, used to evidence the sale of Merchant’s goods and/or services through the use of Cards. The format for each Sales Record must be approved by Servicers.
Sales Record means all documents or data presented to Purchaser as evidence of a Card Sale or credit.

Examples of Sales Record in a sentence

  • The Bank will credit the net amount of Sales Record to the SA, after deducting discount fee from settlement amount and any other recovery of dues such as chargeback and fraud related charges.

  • Proper disclosure shall be deemed to have been given only if, at the time of the Transaction, the following notice appears on all copies of the Sales Record (or disclosure if Card is not present) in legible letters at least one-quarter (1/4) inch high and adjacent to the text stating “NO REFUND” or “EXCHANGE ONLY” or “IN STORE CREDIT ONLY” as applicable, or equivalent language.

  • If the Merchant delivers the said information in more than 2 days and the Sales Record was determined by the Rules to be a Chargeback to the Merchant, the Bank will levy the processing fees as determined by the Rules on the Merchant in addition to the Chargeback fee.

  • The Merchant understands that Mail, Telephone and E-Commerce (Internet) orders and sale Transactions have substantially higher risk of Chargeback and Cardholder dispute than Card “present” (e.g. in a face-to-face) Transactions, as the Merchant will not have an imprinted or magnetically “swiped” Transaction with the Cardholder’s signature on the Sales Record.


More Definitions of Sales Record

Sales Record means all documents or the Electronic Record of such documents used to evidence the sale of Products through the use of Cards. The format for each Sales Record must be approved by the Bank.
Sales Record. Means an electronic record of an Electronic Commerce Transaction containing full information of the authorized Electronic Commerce Transaction; Security Code: Means any security measures exiting from time to time for verification of the identity of the Cardholder including CVV2, AVS and 3DSecure; Service Provider: Innovate Technologies FZCO UAE, a company with registered address at Office 1310, SIT Tower, Dubai Silicon Oasis, Dubai, United Arab Emirates and provide all the necessary support and/or tools related to the scope of this Agreement; Schedule 1: a document that describes the services that are to be provided by the Service Provider to the Merchant and any fees or charges that will be applicable for providing these services; Settlement: Means the payment of the amount owed to the Merchant, with respects to transactions validly processed for the Merchant, minus amount for Refunds, Chargebacks, Fees or Fines and the amount that might be needed to keep the Merchant Rolling Reserve amount at the required level; Settlement Period: Time period after which the Service Provider pays the Merchant the net value of the transactions processed on the Merchant website after deducting the applicable fees in accordance with the agreement and according to the Card Associations regulations; Setup Fee: Means the amount payable by the Merchant to the Service Provider, at the Merchant account setup as specified in the agreement;
Sales Record. Means an electronic record of an Electronic Commerce Transaction containing full information of the authorized Electronic Commerce Transaction; Security Code: Means any security measures exiting from time to time for verification of the identity of the Cardholder including CVV2, AVS and 3DSecure; Service Provider: Innovate Technologies FZCO UAE, a company with registered address at Office 1310, SIT Tower, Dubai Silicon Oasis, Dubai, United Arab Emirates and provide all the necessary support and/or tools related to the scope of this Agreement; Schedule 1: a document that describes the services that are to be provided by the Service Provider to the Merchant and any fees or charges that will be applicable for providing these services; Settlement: Means the payment of the amount owed to the Merchant, with respects to transactions validly processed for the Merchant, minus amount for Refunds, Chargebacks, Fees or Fines and the amount that might be needed to keep the Merchant Rolling Reserve amount at the required level; Settlement Period: Time period after which the Service Provider pays the Merchant the net value of the transactions processed on the Merchant website after deducting the applicable fees in accordance with the agreement and according to the Card Associations regulations; Setup Fee: Means the amount payable by the Merchant to the Service Provider, at the Merchant account setup as specified in the agreement; System: Means the service developed and provided by the Service Provider to facilitate the receipt of transaction data from the Merchant, the transmission of that data to the acquiring Bank and the ability of the Merchant to view the results of these actions; Tax: Refers to any value added, purchase or sales tax or any other liability for tax or duties when applicable as per the governing law; Termination Date: Means the date on which the agreement between the Service Provider and the Merchant is terminated. Transaction: Means the acceptance of a Card or information embossed on the Card or used for an eWallet, for the payment of merchandise sold and/or leased and/or services provided to Cardholder by a Merchant. The term Transaction also includes credits, errors, returns and adjustments; Transaction Fee: the fixed amount payable by the Merchant for each transaction processed on his behalf by the Service Provider and the acquiring Bank. The transaction fee is defined in the agreement;
Sales Record means a record of sale containing full information of a card transaction printed on the POS roll of a POS terminal supplied by or approved by us;
Sales Record means all documents or data presented to Citibank as evidence of a Card Sale or Credit. Citibank, We or Us (for the purposes of this document only) means Citibank as issuing authority for the Sears Card.
Sales Record means all documents, whether in hard copy or electronic form, used to evidence the sale of Merchant’s goods and/or services through the use of Cards. The format for each Sales Record must be approved by Servicers. 15 “Servicers” include but are not limited to Home Trust, PSiGate and First Data Loan Company Canada (“FDLCC”).
Sales Record means the record of sales of Goods and Services made by Gradwell to