Card Not Present Sample Clauses

The "Card Not Present" clause defines the rules and responsibilities for processing transactions where the physical payment card is not presented at the point of sale. This typically applies to online, phone, or mail order purchases, where merchants must rely on card information provided remotely. The clause often outlines verification procedures, liability for fraudulent transactions, and compliance requirements to reduce the risk of unauthorized use. Its core function is to allocate risk and establish clear protocols for handling these higher-risk transactions, thereby protecting both merchants and cardholders.
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Card Not Present. The processing environment where the Payment Device is not physically presented to the Merchant by the Cardholder as the form of payment at the time of the Transaction. Card Not Present includes, but is not limited to, Mail Order, Telephone Order, and Electronic Commerce Transactions.
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Card Not Present. You acknowledge that PayPal routes and processes transactions, as appropriate, through the Services via the relevant Card Company network(s) as remote (card not present) payments. If you accept a Card that is physically presented to you at the point of sale you acknowledge that the scope of your protection from chargebacks will be limited to the protection that is available for remote payments.
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Card Not Present. If you use the 16-digit Card number without presenting the Believe Card (such as for a mail order, telephone, or Internet purchase), the legal effect will be the same as if you had used the Card itself.
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Card Not Present. User Agreement and how our legal documents apply
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Card Not Present. Overseas Transaction (a) Unless expressly authorised by the Company, the Cardholder(s) are only allowed to make domestic transactions and 3D Secure (online transaction with one time PIN/OTP authentication) transactions in order to safeguard and promote the Card security features. All overseas transactions and Non-3D Secure (inclusive mail order and telephone order) transactions will be disabled by default. The Company may request Merchantrade to activate overseas and/or Non-3D Secure and/or Card-Not-Present transactions during the Card application process or after the Card is issued for specific Cardholder(s).
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Related to Card Not Present

  • Merchant has the power and authority to authorize the automatic funds transfer provided for in the Merchant Agreement;

  • Credit Cards About 93% of graduating students report they have at least one credit card, including 29% who say they have two or more. Among those students who have credit cards, about 79% report they pay off their balance each month and, as such, their current credit card balance is zero; however, when asked what their current credit card balance is, just 37% say it is zero. Among those with an unpaid balance, the average credit card debt students have is $2,771. None 7% 8% 7% 7% 8% One 64% 65% 62% 66% 64% Two 21% 19% 22% 20% 21% Three or more 8% 7% 8% 7% 7% Yes 79% 70% 81% 80% 69% Zero 37% 34% 37% 38% 35% $500 or less 14% 14% 13% 14% 15% $501 to $1,000 6% 6% 6% 7% 4% Over $1,000 10% 14% 8% 10% 14% Don't know 33% 32% 36% 31% 31% Average (those with credit card) $792 $1,176 $655 $753 $1,408 Average (those with unpaid balance) $2,771 $3,366 $2,395 $2,745 $4,601 * Total credit card balance and payment of the balance were asked of those who had at least one credit card.

  • Visa Debit Card If approved, you may use your Visa® card to purchase goods and services from participating merchants. However, you may not use your card to initiate any type of gambling transaction. If you wish to pay for goods or services over the Internet, you may be required to provide card number security information before you will be permitted to complete the transaction. You agree that you will not use your card for any transaction that is illegal under applicable federal, state, or local law. Funds to cover your card purchases will be deducted from your share draft account. For ATM and one-time debit card transactions, you must consent to the Credit Union’s overdraft protection plan in order for the transaction amount to be covered under the plan. Without your consent, the Credit Union may not authorize and pay an overdraft resulting from these types of transactions. Services and fees for overdrafts are shown in the document the Credit Union uses to capture the member’s opt-in choice for overdraft protection and the Schedule of Fees and Charges.